What IsGamesPad (GMPD)?

GamesPad (GMPD)is a platform that aims to combine the aspects of NFT, metaverse, and gaming. The platform seeks to bring together NFT marketplace, staking and farming pools, cross-chain yield aggregator, gaming, and in-house game development studio. GamesPad aims to scale a gaming ecosystem backed by studio partnerships and decentralized deal flow to a joint venture. Furthermore, the platform seeks to incubate game entrepreneurs and democratize funding for retail customers at an early stage. In simple words, GamesPad aims to create a holistic gaming, NFT, and metaverse ecosystem with a successful team of industry experts.

GamesPad seeks to solve the key problems of the blockchain gaming and DeFiindustries, including security, scalability, scams, lack of due diligence, and inadequate support of game entrepreneurs. Also, the platform seeks to solve the problem of crypto gaming start-ups with early-stage fundraising by choosing the best projects and preserving the finances of the community. The platform aims to hold initial game offerings, initial metaverse offerings, and initial NFT offerings to aid high-quality blockchain games to raise funds. The platform uses a decentralized venture fund that seeks to shift slow and highly regulated foundational trust from people to flexible global blockchain, which is rapid, permissionless, and secured via cryptography. Also, GamesPad aims to incubate the game entrepreneurs and equip them with the skills they need to run a blockchain game launch and promote the products in the global market.

GMPD is the native cryptocurrencyof the platform, which is a BEP-20 tokenbased on the BSC network. BSCis a blockchain platform that seeks to offer fast and decentralized trading. The GMPD token serves as a utility for GamesPad and NFT and aims to provide access to the gaming deals and platform. Also, the users who acquire more tokens and NFTs enter the higher membership levels and seek to trade big amounts in VC and IDO on the launchpad. Furthermore, the GMPD token provides access to farming and staking services. With the stakingfeature, users can lock up their token portions and seek to yield block rewards based on the number of tokens blocked for the time. Alongside, the farming feature seeks to provide incentives to liquidity providers to lock their tokens in smart contract-based liquidity pools.

History of GamesPad (GMPD)

The official whitepaperof GamesPad was published in November 2021. The leadership team of GamesPad includes cofounders Eran Elhanani and Constantin Kogan. Other major team members include Sheynel Smith, chief compliance officer; Dana Kachan, head of marketing; and Elina Sterina, blockchain writer.

References:

1. https://gamespad.io/

2. https://gamespad.io/about/

3. https://gamespad.io/wp-content/uploads/2021/12/Whitepaper.pdf

4. https://academy.binance.com/en/articles/an-introduction-to-binance-smart-chain-bsc

5. https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency

6. https://www.coinbase.com/learn/crypto-basics/what-is-staking

7. https://www.coinbase.com/learn/crypto-basics/what-is-cryptography

8. https://www.coinbase.com/learn/crypto-basics/what-is-a-token

9. https://www.coinbase.com/learn/crypto-basics/what-are-nfts

10. https://www.coinbase.com/learn/crypto-basics/what-is-defi

11. https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain

12. https://www.coinbase.com/learn/crypto-basics/what-is-a-smart-contract