GMER news going to Dollars! $$$
Good Gaming to Pioneer the Launch of Its First Collectible NFT Game That Will Produce Cryptocurrency
8:31 am ET May 27, 2021 (Newsfile) Print
Kennett Square, Pennsylvania--(Newsfile Corp. - May 27, 2021) - Good Gaming, Inc. (OTC Pink: GMER) (the "Company"
CEO David B. Dorwart is pleased to announce the upcoming launch of a first-of-its-kind online game that will allow players to profit from passively produced Good Gaming cryptocurrency called GOOT.
Good Gaming is expanding its business operations to include digital assets on the blockchain known as non-fungible tokens (NFTs).
About NFTs
NFTs convert assets into tokens so they can move around within this system. This has the potential to completely transform markets like property and vehicles, for instance. Also, if more time is spent in virtual worlds in the future, the things bought there will probably be bought and sold as NFTs as well.
The NFT market has created tremendous new opportunities in the art and gaming industry. In Q1 2021, more than $2 billion was spent on NFTs representing an increase of 25 times the volume of Q4 2020.
NFT breeding games such as CryptoKitties operate by allowing players to collect virtual cats and "breed" them together to make new, unique cats. The NFTs can then be sold to others on third-party marketplaces such as OpenSea and typically pay a royalty of 2.5%-10% to the organization that created the project. The 90-day trading volume for CryptoKitties on OpenSea alone is in excess of 2,200 Ethereum, which was equal to just over $9,000,000 at the time of writing.
The Company believes that Good Gaming is uniquely poised to capitalize on this new, emerging gaming market and it seeks to quickly establish the Company as a leader in the gaming space.
Announcing MicroBuddiesT
The first collectible NFT game is expected to launch in July. Named MicroBuddiesT, players will be able to collect lovable, self-replicating microbes that passively produce the cryptocurrency, GOOT, which can be used to replicate new MicroBuddiesT from existing ones and artificially select genes for the next generation.
Because GOOT will be available to trade on third party cryptocurrency exchanges, MicroBuddiesT will also be exposed to the booming decentralized finance (or DeFi) cryptocurrency market. Well-bred MicroBuddiesT will have a high rate of GOOT production, so skilled players may be able to create profit opportunities for themselves by playing the game.
The first 2,500 MicroBuddiesT collectively known as generation 0, are expected to be the rarest and most scarce set of MicroBuddiesT and what the rest of the game will propagate from. Players will need to purchase a Nano Factory token in the Company's special Genesis Event on May 28, 2021 in order to synthesize one of the Generation 0 MicroBuddiesT for themselves when the game launches in July 2021. Once all 2,500 Nano Factory tokens have sold out, no more will ever be made available.
Early adopters of the game will be able to purchase a Nano Factory token at an early bird discount of 0.05 Ethereum during the Genesis Event. The Metamask Ethereum browser wallet, available as a Google Chrome extension, will be required to participate in the event, and a maximum of 3 Nano Factory tokens may be purchased per wallet address.
David B. Dorwart, CEO, stated, "Through careful analysis, our team has determined the fastest way for Good Gaming to stake its claim in the multi-billion dollar online gaming market will be through the strategic creation of first-of-its-kind games, with the implementation of first to market gaming that will benefit and capture the attention of Gamers. At the same time, it will increase our audience base exponentially as we cross-market two explosive industries that are currently garnishing a significant amount of attention in today's market." He also stated, "The ability to allow players to compete in games that will benefit them monetarily through cryptocurrency is the type of ingenuity we will be bringing to the table that will set the precedent of significant things to come for Good Gaming in the foreseeable future."
MICROBUDDIEST and GOOT are trademarks of Good Gaming, Inc.
Good Gaming to Pioneer the Launch of Its First Collectible NFT Game That Will Produce Cryptocurrency
8:31 am ET May 27, 2021 (Newsfile) Print
Kennett Square, Pennsylvania--(Newsfile Corp. - May 27, 2021) - Good Gaming, Inc. (OTC Pink: GMER) (the "Company"
CEO David B. Dorwart is pleased to announce the upcoming launch of a first-of-its-kind online game that will allow players to profit from passively produced Good Gaming cryptocurrency called GOOT. Good Gaming is expanding its business operations to include digital assets on the blockchain known as non-fungible tokens (NFTs).
About NFTs
NFTs convert assets into tokens so they can move around within this system. This has the potential to completely transform markets like property and vehicles, for instance. Also, if more time is spent in virtual worlds in the future, the things bought there will probably be bought and sold as NFTs as well.
The NFT market has created tremendous new opportunities in the art and gaming industry. In Q1 2021, more than $2 billion was spent on NFTs representing an increase of 25 times the volume of Q4 2020.
NFT breeding games such as CryptoKitties operate by allowing players to collect virtual cats and "breed" them together to make new, unique cats. The NFTs can then be sold to others on third-party marketplaces such as OpenSea and typically pay a royalty of 2.5%-10% to the organization that created the project. The 90-day trading volume for CryptoKitties on OpenSea alone is in excess of 2,200 Ethereum, which was equal to just over $9,000,000 at the time of writing.
The Company believes that Good Gaming is uniquely poised to capitalize on this new, emerging gaming market and it seeks to quickly establish the Company as a leader in the gaming space.
Announcing MicroBuddiesT
The first collectible NFT game is expected to launch in July. Named MicroBuddiesT, players will be able to collect lovable, self-replicating microbes that passively produce the cryptocurrency, GOOT, which can be used to replicate new MicroBuddiesT from existing ones and artificially select genes for the next generation.
Because GOOT will be available to trade on third party cryptocurrency exchanges, MicroBuddiesT will also be exposed to the booming decentralized finance (or DeFi) cryptocurrency market. Well-bred MicroBuddiesT will have a high rate of GOOT production, so skilled players may be able to create profit opportunities for themselves by playing the game.
The first 2,500 MicroBuddiesT collectively known as generation 0, are expected to be the rarest and most scarce set of MicroBuddiesT and what the rest of the game will propagate from. Players will need to purchase a Nano Factory token in the Company's special Genesis Event on May 28, 2021 in order to synthesize one of the Generation 0 MicroBuddiesT for themselves when the game launches in July 2021. Once all 2,500 Nano Factory tokens have sold out, no more will ever be made available.
Early adopters of the game will be able to purchase a Nano Factory token at an early bird discount of 0.05 Ethereum during the Genesis Event. The Metamask Ethereum browser wallet, available as a Google Chrome extension, will be required to participate in the event, and a maximum of 3 Nano Factory tokens may be purchased per wallet address.
David B. Dorwart, CEO, stated, "Through careful analysis, our team has determined the fastest way for Good Gaming to stake its claim in the multi-billion dollar online gaming market will be through the strategic creation of first-of-its-kind games, with the implementation of first to market gaming that will benefit and capture the attention of Gamers. At the same time, it will increase our audience base exponentially as we cross-market two explosive industries that are currently garnishing a significant amount of attention in today's market." He also stated, "The ability to allow players to compete in games that will benefit them monetarily through cryptocurrency is the type of ingenuity we will be bringing to the table that will set the precedent of significant things to come for Good Gaming in the foreseeable future."
MICROBUDDIEST and GOOT are trademarks of Good Gaming, Inc.
