📖
GamersXP Whitepaper
  • 🎯Prologue
  • 🕹️GamersXP - Gaming Reward Platform
  • About us
    • ⛔Problem Dilemma
    • 🗝️Value Proposition
    • 🚀Mission
    • 🔮Vision
  • Team & Partners
    • 🫂Meet the Core Team!
    • 🏅Partners & Advisors
  • GamersXP Overview
    • 🚀Reward Platform
      • 📦Products
        • 🤑XPReward App (Beta)
        • 🎁XPGiveaway Pass: Participate in giveaways by buying entry tickets (Coming Soon)
        • 💻XPesports: Compete in eSports tournaments to earn real rewards (Coming Soon)
        • 🔫XPBox: A hub to list games (Coming Soon)
        • 🏬XPID: Proof of Achievement NFT as a gaming ID (Coming Soon)
        • 💳XPcard: Virtual card for earning and spending crypto (Coming Soon)
        • 📱Mobile App
  • Economy
    • 📈GamersXP Reward Platform Economy
    • 🪙GamersXP Token $GMXP
    • 💠$GMXP Token Overview | Specifications
  • BUSINESS MODEL
    • 💰Platform Revenue
    • 💰NFT Revenue
    • 🌏Market Strategy
  • Technology
    • ⚙️Technical Specifications
  • STRATEGY
    • 🫂Collaborations
    • ⏩Roadmap
  • Policies
    • ❗GamersXP Disclaimer
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  1. Economy

GamersXP Token $GMXP

Ecosystem Token / ERC-20

GamersXP Token $GMXP

  • Exchangeable on Tier 1 CEXs and DEXs

  • Spend $GMXP across platform products: dApp schemes, NFTs, Giveaway entries, Marketplace purchases, and more

  • Earn through GamerXP dApp, raffles, or tournament victories

  • Boost earnings by playing games and accessing prize-winning opportunities

  • Users will be able to swap, stake, and add to liquidity pools via GamersXP DeFi App for passive income

Transaction Fees & GMXP Utility:

  • GMXP transaction fees: 4% per transaction

  • Breakdown: 2% burned, 20% distributed to holders, 78% to research & development wallet for growth

  • GMXP Token: ERC-20 deflationary utility token, powered by Matic Network

  • Utility: Purchasing game schemes, eSports entry, minting user NFTs, giveaway tickets, P&E game purchases, and crypto-rewards and mnay more

  • Ecosystem Currency: GMXP used as the ecosystem's crypto-reward currency

Rewarding Crypto Holders:

  • 20% of fees rewarded to holders

  • Not a revenue share with GamersXP or any company

  • Independent, non-affiliated users receive the fee split

  • Reflects smart contract popularity, not company efforts

Token Burn:

  • 2% fee burned

  • Result: Continuous supply decrease, creating deflationary token model

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Last updated 1 year ago

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