GamyFi Platform (GFX) is a E-Sports and gaming ecosystem containing fantasy sports app, prediction market, lottery, PVP games and NFT marketplace. GamyFi aims to be the Global platform where users can interact with games and people from anywhere without country or other restrictions Play in a fair for all platform. GFX token plays a major role in the platform and is used for payments for the pools and to incentive the skillful players. What is GamyFi Platform (GFX) | What is GamyFi Platform token | What is GFX token
In this article, we'll discuss information about the project GamyFi Platform and GFX token
🎮 GamyFi is a E-Sports and Gaming Ecosystem containing Fantasy sports app, Betting , Lottery , PVP games and NFT marketplace. GamyFi aims to be the Global platform where users can interact with games and people from anywhere without country or other restrictions play in a fair for all platform. GamyFi aims to create mass adoption of blockchain in the world. Creating a blockchain based sporting and gaming platform will help create mass adoption of cryptocurrencies and will help create more awareness due to its popularity. The companies that provide this type of services charge too much and users earn nearly 0. We aim to solve this by tokenizing the platform. Blockchain will allow fast execution and affordable transfers.
I) Fantasy Sports — Users join a match pool and create their team from an upcoming sports match combining players of both teams. Users earn points according to the performance of the player in the live match they have chosen in their “Team" . The user with the most points are ranked and win the prize pool.
II) Betting — Users can bet on specific events such as sports matches, elections, Currency / stocks prices on specific times and much more.
III) Lottery — GamyFi will have a decentralized smart Contract based Lotto system . Which will let participants deposit GFX tokens in a specified time limit and at the end of the day. One lucky participant address will win the lottery being chosen by smart contract itself . Which will be fair to all.
IV) NFT Gaming and Marketplace — Users can trade NFTs on the marketplace and play with them too without paying fortune in gas.
V) PVP Multiplayer games — Users can play multiplayer games with friends or with GamyFi users in gamerooms made by GamyFi or by themselves.
Dividends for stakers - 51% of all Platforms fees are distributed among all staked tokens.
NFT Rewards and perks - Make win streak or be the best to win legendary NFT's which give you a boost on the platform and can be sold on GamyFi NFT marketplace.
Hybrid, Secure but still fast - GamyFi fantasy sports Platform will use Solana Blockchain to Broadcast off chain data as transactions to keep users data secure but still being super fast and cost effective. It provides seemless user experience by combining on chain and off chain technology.
Simplicity - As we know most fantasy sports users aren't aware of blockchain technology and it is not everyone’s cup of tea, so we believe that end-users don’t need any technical knowledge in order to use the platform. We take care of the blockchain tech so you can enjoy a seamless and smooth gaming experience.
Fairness - GamyFi broadcasts and records all actions to make them immutable and keep the game fair for all.
Truly Global - You don't need to care about payment issues or Regulation issues. GamyFi got you covered. GamyFi uses cryptocurrency payments to ensure everyone can play on a truly global and open to all platform.
Lottery and Betting Decentralized - Join the Pools with other GamyFi Players in Lottery pool to get a chance to win Bags of GFX. Want a less risky option ? We’re here for you. Bet on Upcoming Major Events results and Sports.
GamyFi NFT Marketplace with Lowest gas - Earned a NFT from GamyFi Platform and want to sell ? GamyFi NFT marketplace is for that. Buy sell any NFT’s for a fraction of a dollar gas.
GFX token is the utility token that Powers the GamyFi Platform. GFX token is used for payments and rewarding the users on the GamyFi platform in various ways.
Token name : GamyFi Token Token ticker : GFX Max supply : 10,000,000 GFX Token Type : ERC20
i) Payment : The GFX token is used on the Fantasy Sports , Lottery and Prediction Market to join games and to get rewards.
ii) Platform Dividends : GFX token holders share 51% of the platform profits.
iii) Governance : The GFX token is the governance token of the platform and gives holders the power to vote for the projects decisions.
iv) Perks : GFX token holders receive certain amount of free games on the platform.
There will be a total of 10,000,000 GFX tokens to ever existed which are alllocated as mentioned below.
Ecosystem Rewards : 20% (2,000,000 GFX)
0% unlocked at TGE, 12.5% unlocked each Quarter.
Liquidity Incentives : 20% (2,000,000 GFX)
25% unlocked at TGE, 25% unlocked each Quarter.
Token Sale : 20% (2,000,000 GFX)
18%~ unlocked at TGE and locked 9-18 months depending on round.
Treasury : 15% (1,500,000 GFX)
Unlocked by Governance proposal.
Airdrop : 10% (1,000,000 GFX)
5% unlocked at TGE, 5% first unlocked In first Quarter.
Team : 10% (1,000,000 GFX)
0% unlocked at TGE, 20% unlocked each Quarter.
Advisors : 5% (500,000 GFX)
0% unlocked at TGE, 20% unlocked each Quarter.
Would you like to earn TOKEN right now! ☞ CLICK HERE
GFX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy GFX
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)...
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since GFX is an altcoin we need to transfer our coins to an exchange that GFX can be traded. Below is a list of exchanges that offers to trade GFX in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase GFX from the exchange: Uniswap (V2), DODO, Bilaxy, Hoo, BakerySwap
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once GFX gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com ☞ https://www.bittrex.com ☞ https://www.poloniex.com ☞ https://www.bitfinex.com ☞ https://www.huobi.com ☞ https://www.mxc.ai ☞ https://www.probit.com ☞ https://www.gate.io ☞ https://www.coinbase.com
Find more information GFX
🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
Don’t hesitate to let me know if you intend to give a little extra bonus to this article. I highly appreciate your actions!
BTC : 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c USDT : 0xfee027e0acfa386809eca0276dab286900d75ad7 DOGE : DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ
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