BitMart, a global digital asset trading platform, will list GemHUB (GHUB) on March 09, 2023, for all BitMart users, the GHUB/USDT trading pair will be officially available for trading at 09:00 AM (UTC).
What is GemHUB (GHUB)？
GemHUB encourages the participation of game companies in the blockchain game market and global expansion by providing game-oriented De-Fi services.
GemHUB aims for P&E(Play and Earn) experiences. It intends to expand upon the concept of P2E (Play to Earn) with a clear purpose to create additional profits while also allowing users to enjoy games. To increase the sustainability of tokenomics from a P&E perspective, GemHUB has structured several devices. When a new game is launched, game companies must secure and pay for GHUB on their own so that they can possess the game’s token, thereby avoiding the reckless increase of game tokens and preventing the value of GHUB from being damaged by an increase of game tokens. As an additional measure, GHUB’s value is maintained using the “Eco Fund” system for tokens distributed in partner games. Liquidity is supplied and managed through the pair pool of KLAYswap, a decentralized exchange, and GHUB forms a separate pair pool with KLAY. Liquidity is induced by providing additional rewards to the GHUB-InGame Token Pair Pool, which lacks an incentive to supply liquidity compared to the GHUB-KLAY Pair Pool. GHUB payment rewards are provided for continuous supply to partner game companies.
Why GemHUB (GHUB)？
GemHUB utilizes highly sustainable tokenomics.
Various structures for burning and reward systems are configured in tokenomics to enhance the sustainability of GemHUB’s ecosystem and preserve investment value. These structures are able to:
Tokens used on the GemHUB Platform
InGame Token(used for GemHUB games)
- issue InGame tokens only within the size of the GemHUB token to prevent decreases in GemHUB value;
- collect part of the token when it is distributed in the game to maintain the GemHUB token value through not only the Buyback Fund, but the Eco Fund system;
- and distribute airdrops for tokens for all games released after providing GemHUB liquidity.
Decentralized MiniApp Platform
Equipped with a competitive platform technology system for usability and scalability.
Achieves excellent usability for users through a decentralized mini app platform that includes not only GemHUB’s games, but also wallets, swapping services, and a variety of content services. Other usability features include:
- available to use any content services without having to install different wallets;
- easy to transfer assets acquired through the games on GemHUB where games are linked;
- accessible to a variety of content developers—games, shopping, webtoons etc.
Autonomy and Environment
Provides an environment where game companies can grow together with other content while ensuring autonomy:
- game companies can have their own tokens and use them to construct their own in-game ecosystems;
- number of potential users can be rapidly increased for influxes of games and content;
- community can be revitalized through the sharing of a variety of game events and content information within the platform.
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About GemHUB (GHUB)
GemHUB aims for P&E(Play and Earn) experiences.
Governance token of GemHUB, GHUB
InGame tokens are to be issued for each game from participation in the GHUB platform. InGame tokens have various roles inside and outside the game. InGame tokens can be exchanged for GHUB.
Users who acquire InGame tokens through the game use those tokens as follows:in-game, De-Fi Pool, swap with GHUB or tokens from other games
To learn more about GemHUB (GHUB), please visit their Website, follow their Twitter, and join their Telegram.
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