GAIMIN.IO – AN INGENIOUS SOLUTION TO COMPUTING POWER DEMAND

in #cryptocurrency4 years ago (edited)
GAIMIN CHANGING THE GAME

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We are gradually pivoting to a technological era where computing power is the fuel of modern
technology. Computer processing power is needed to fuel the ever growing and rising aspects of emerging technology. Artificial intelligence, virtual reality, augmented reality, cloud computing and blockchain technology, just to mention a few. It has become a commodity as demand for it keeps on growing. It’s a very pressing need that it was noted by Satya Nadella at the world economic forum in Davos in 2018. In his words : “The world is rapidly running out of computing capacity”. He remarked that the Moore’s law is “kinda running out of steam”.
Moore’s law in the simplest of terms states that the processing power of computers will double every two years. This is a real challenge because computing power is needed for advancements in this new technologies.


COMPUTING POWER GOLDMINE?

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PC gaming has been seeing a fast rising trend in recent years. It has received more appeal due to its wide range of advantages. High end graphics, wider game selection and speed. PC gaming is outshining the long conventional console gaming due to its numerous advantages. PC gamers make use of high end computers termed “GAMING COMPUTERS”. These are specifically designed for gaming and possess outstanding features and components which maximize their performance. The number of PC gamers globally amount to 1.3 billion. 400 million out of this figure possess an advanced graphics processing card (GPU). These graphic cards possess powerful computing power. Due to the power of these gaming computers, they are also purchased by non-gamers.
According to research, it was discovered that the computing power of the 400 million gamers mentioned earlier lie dormant for 20 hours a day on average. That is approximately $200 billion worth of high processing power hardware left untouched. This can be termed an “UNTAPPED COMPUTING POWER GOLDMINE”.


GAIMIN.IO PLATFORM

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Now what if this vast amount of GPU processing power worldwide could be connected to satisfy the demand for massive processing power? What if gamers were rewarded for their computing power with a fair incentivized model? No more what-ifs! That’s the mission of Gaimin.
Gaimin.io aims to create the world’s most powerful decentralized supercomputer by harnessing the dormant computing power of the the global gaming community.


WHY THE GAMING COMMUNITY?

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“Gaming is rapidly become the world’s leading pastime” according to Newzoo garner stats. Consumers are spending more than ever on gaming. E-sports (pro-gaming) is gaining more popularity recording a massive annual increase growth rate and the gaming industry is a multi-billion dollar one as well as the largest entertainment market in the world. Evidently, the gaming industry is indeed a goldmine and a sustainable one at that since it is ever growing.


HOW DOES THE GAIMIN.IO PLATFORM WORK?

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The Gaimin platform is designed to combine a user’s processing power from their GPU and direct it to monetization options which are :

  • Blockchain mining
  • CGI rendering

The user is incentivized with the Gaimin named GMRX which can be used in the Gaimin community for peer to peer transactions and on the Gaimin to buy digital gaming assets. GMRX would be a utility cryptocurrency token which can also be traded on exchanges. The platform helps the gamers fund their gaming experience by their earning of GMRX tokens.
Gaimin would have a blockchain mining software. This has to be downloaded and installed on a user’s computer and it is fully pre-configured. The interesting thing about this is ; the user is not bothered with the rigors and complexities associated with conventional cryptocurrency mining. They do not need to have extensive knowledge, setup mining pools or
manage rigs. All that is required is to download the software and it automatically detects when the gamer’s GPU is active or inactive. When the GPU is inactive or not in use, the software connects it to the Gaimin processing power supply network. When the gamer needs to use it the software disconnects it automatically so as to not affect the gamer’s PC performance. Users are encouraged to leave their PC turned on when they are not active so functional mining can take place.


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The Gaimin.iosoftware platform consists of the following elements :

  1. “The Blockchain Mining Software”
    (a) Downloadable Windows PC user desktop software and user wallet
    (b) Gaimin admin platform for processing power aggregation and management
    (c) Blockchain mining application, with “Machine-Learning” rules engine
  2. Mobile app for mobile management (Android/IOS)
  3. Mined coin auto-conversion to “stable coin” process
  4. Network Expansion Program (NEP) - built-in referral system
  5. Online Community and Marketplace
  6. Blockchain integration

GAIMIN.IO PLATFORM ON EOS.IO


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EOS.IO is a blockchain optimized for building scalable blockchain solutions and Dapps. It is one of the fastest and most scalable blockchains. This is due to a number of reasons like the speed and scalability (highlighted above), cheap transaction costs, huge global communities, flexibility, and financial strength amongst other factors.


GMRX UTILITY TOKEN

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GMRX will be the platform’s native token. It will be a digital utility token solely for powering the
GAIMIN.IO PLATFORM rewards, marketplace and community. It will have a total supply of 5,000,000,000. So there will only be 5 billion GMRX tokens.
20% of the total tokens(1,000,000,000) will be sold via a token sale event consisting of multiple private and public rounds. The initial token sale price will be $0.10 per GMRX token.
Truly, GAIMIN.IO PLATFORM will evidently solve the problem of computing power.
I'd love to know what you think about GAIMIN. Leave your views and opinions in the comments section below.
For more information :

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Thanks for this article @ubongj. Making me to consider getting into gaming so I can leverage on this

Haha.. Don't sleep on it

Quite detailed article bro. Really an ingenious solution to the computing power problem. Could I get a link to the whitepaper please???

This seems to be a totally different tech powerhouse. I'll be following the project closely with keen interest for long-term consideration. Thanks @ubongj for this amazing article!

You're welcome bro. Glad you enjoyed it

This is incredibly ingenious.. Revolutionizing the computing power sphere!!

Exactly!! You get it

Oh well who'd have thought of that!!
Gaming and blockchain mining??
Spectacular!
Now the real challenge would be onboarding gamers to the Gaimin ecosystem.

Exactly.. If gamers see the advantage to it. They wouldn't hesitate

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Can they actually do this??? I'd like to see this work though.

It's very possible .