GameCredits is a useful universal currency and virtual wallet that can be used by 2.6 billion players worldwide. GameCredits realized that 1 in every 3 people plays video games, which is $ 100 billion. To make transactions between developers and gamers easier and faster, they created GameCredits. Currency and virtual wallets make it safe, fast, and private to buy or sell games, as well as various in-game items. 

Features 

  • How do GameCredits prevent cheating?

When developing GameCredits, the developers believed that estimates of 50 to 99 percent of purchases of virtual goods were fraudulent. Since GameCredits are blockchain-based, all transactions are permanent and there is no chance of being scammed. This is good news for game developers who are not going to lose the money they need to make. At the same time, it helps gamers, as they don’t have to play against cheaters who fraudulently bought bonuses and other in-game enhancements that give them an unfair advantage.

  • How do GameCredits help developers? 

While there are some overlaps in terms of benefits for developers and gamers, it makes sense to look at them separately. Developers will receive their payments faster while ensuring financial security. There are unlimited deposits as well, so there is no limit to your earning potential. The fees charged by GameCredits Inc. are also extremely low. While Apple and Google Play accounts for 30 percent of their profits, GameCredits Inc. takes a third more, leaving you 90 percent. Of course, there is also a lack of concern about fraudulent transactions. Everything is recorded on the blockchain, ensuring security and preventing these fraudulent purchases. Big Data technology, part of GameCredits Inc., delivers scalability. The technology can handle tens of millions of users simultaneously; it does not limit your growth. Games that use the GameCredits Inc. gateway may also be cross-promoted in other games.

  • How do GameCredits help gamers? 

Higher deposit limits help developers increase their income, but they also allow players to spend as much as they want. Many people feel frustrated by the restrictions imposed by other platforms, but you can invest as much money as you want in your GameCredits wallet with no worries. Best of all, when you earn credits playing one game, they are stored in the GameCredits wallet and you can use them in any other game. All your transactions are anonymous in the security of the chain, so there is no privacy concern. You will also find all purchases without delay, without the need to pause the game. If you start using GameCredits earlier, you will make a smart investment and get more purchasing power later. This is due to the limited supply of GameCredits. Thus, as more developers and gamers accept it, the demand increases, and hence the cost. With GameCredits, gamers can also compete in various e-sports competitions while at home, regardless of whether they are elite players.

Gamecredits (game) is a blockchain-based digital currency. Its mission is to become a universal currency for 2.6 billion gamers around the world and empower game developers, both large and small, to further grow the gaming industry by $ 100 billion and accelerate the widespread adoption of decentralized cryptocurrencies as a better alternative to the released ones. government fiat currencies.

Speed, privacy, and security are just a few of the many benefits that Gamecredits offers to gamers and developers alike.

Advantages and disadvantages of GameCredits

Among the advantages of the resource are:

  • Stability of work. Although the presented cryptocurrency did not become famous among the leading altcoins, it was able to attract a considerable number of loyal supporters who are ready to mine it.
  • Stability. The site has a high degree of protection. Despite the numerous attacks to which the resource is exposed, it continues to function. This is a clear example of the level of reliability of transactions made on the service.
  • Cross-platform. Digital currency supports various operating systems and platforms.
  • Immutability. GameCredits adheres to the principles of decentralization and the free market. Substantial changes can only be introduced after the approval of the entire community. Any outside influence is suppressed.
  • The speed of the operations. Payments now take minutes.
  • Good liquidity indicators. Of course, the coin will not be able to fight such titanium as Bitcoin, but it is quite capable of attracting the interest of potential investors. It should be remembered that liquidity is one of the main characteristics of an asset’s position in the market.

However, there are also certain disadvantages.

Unexpected changes in the rate of a digital currency can negatively affect the income from its mining. There is always a risk of losing your financial investments. Even the most technologically advanced and advanced protection is not able to completely protect against burglary. Besides, access to the wallet will be lost if the user simply forgets his password.

The insecurity of electronic money makes it difficult to predict accurately in crypto-asset markets. The main disadvantage of the site is the method of extracting currency since efficient mining requires very productive equipment. Accordingly, spending on the purchase of new equipment and electricity bills is increasing. But it is impossible to predict whether the investment will pay off.