GAIMIN PROJECT FULL REVIEW "Great Project, Please Let me know what you think"

[rezanahvi]

Bringing Two separate technologies into one — mining and gaming PC

Introduction
After bitcoin was introduced as the first cryptocurrency currency, mining industry became one of the highest-grossing jobs in the world and was eagerly awaited by people around the world. The mining process involves solving complex puzzles in blockchain. In the White Paper, bitcoin points out that as time goes on and demand increases, the hardness of the network (hash rate) will increase, making it harder to extract. Expensive will require stronger devices. This and the design of more powerful hardware have increased the power consumption of these devices, so that today green energy organizations and environmental organizations have protested against the consumption of electricity in the extraction industry. With the rapid and explosive growth of cryptocurrency currencies and the increasing adoption of blockchain technology, there is an unmet demand for computing power. This computational power is needed to validate transactions made through blockchain. With such a demand for computing power, there must be a solution. In recent years, this has been the focus of many digital currency activities, and each has sought to find a solution to the problem of digital currency mining. In the meantime, Gamin has come up with a revolutionary and remarkable solution. In the following article we will go into more detail.



Gaming Industry, GAIMIN, Mining
The gaming industry has evolved over the years, from a console-based platform in the 1980s, to a web-based platform with access to Internet bandwidth. Ever since the advent of high-bandwidth internet, simple online games have become digital games and now have a large share of the industry, which is estimated to have generated $ 2 billion in revenue in just one year. Looking at gaming hardware, computer game systems and other peripherals, we find that the industry generated $ 2 billion in revenue last year, which is three times the total reported film industry. What is important is the potential in the industry. One of these potentials is the processing power of gaming computers, which can be used as a tool for digital currency mining. This is where the idea of ​​the GAIMIN project comes into play.
In short, GAIMIN uses the processing power of gaming computers to mine digital currencies during system unemployment. GAIMIN software runs in the background of Windows, while in unemployment, it uses your powerful computer graphics processor to mine digital currencies. In a sense, when we are away from the keyboard, our computer works for us and you get rewarded for it. In the following article we will briefly introduce this project.
For who are not familiar with digital currency mining, we will briefly introduce digital currency mining in the next section.
Digital currency mining
Digital currency mining is the process of confirming transactions on the network that is associated with the production of new coins and is done with a CPU, graphics card, or AC.
Mining is something that humans have been doing for thousands of years. From the early human settlement in Africa to the peak of the Roman Empire, and even now, the extraction continues and is the best way to get valuable minerals.
But just as we are digitizing our world on the eve of the dawn of a new economic revolution, we no longer need to root for gold and diamonds and start digging hard rocks. We can now do this by simply moving our hands and clicking our mouse. You ask how? Don’t worry about digital currency extraction, because digital currencies are more valuable than you think. The most popular and king of the digital currency market is Bitcoin.
Bitcoin was not worth it 10 years ago, but it is now worth more than many things you can think of. The term “digital currency mining” is a little misleading, because you don’t just find digital currencies. During this process, you will also help to secure the blockchain network.



GAMIN Project
If you look at gamin whitepaper you will come across a comprehensive definition of the project, which is outlined below for your consideration. It should be noted that in the following article we will provide more details of this valuable project:
“Executive Summary:
“TL;DR” Summary Of The Gaimin.io Project
1) Introduction: Gaimin.io have managed to identify an innovative solution to one of the largest growing global resource requirements in the market today, the current requirement is huge and growing exponentially year on year with no real solution for provision currently available. Gaimin.io, have not only identified the issue, the requirement, and the demand but have also managed to formulate a profitable solution to the on-going problem.
2) Opportunity: It is a well-known fact that the world has become more and more reliant on the digital environment and just like all environments, its very survival and financial stability relies on the provision of required resources. Just as electricity, oil, gas, water, and capital are finite vital resources within the real world, computer processing power is the finite required resource of the digital world.
3) Markets: In the digital world, the required, necessary resource in question is cost-effective, efficient, reliable, globally distributed computer processing power. Putting it simply, the world has a huge demand for processing power, almost everything in our modern lives now requires some form of processing operation. The current market demand is proving undeliverable, unfeasible and financial untenable to supply in its current format.
4) Solution: Rather than spending billions of dollars on building dedicated resource farms, Gaimin.io are accessing the worldwide gaming community, and utilizing and rewarding this global network of untapped, globally distributed resources of 1.3 billion processing power providers, connected by high speed Internet connections, which can be aggregated, consolidated and then utilized to satisfy any of the myriad of profitable current, and future, needs for processing power. 5) Summary: The Gaimin.io project connects the world’s largest supply of GPU processing power, which belongs to the 1.3 billion gaming PCs in the global gaming community, with the rapidly growing, worldwide demand for massive processing power.”
GAMIN Whitepaper (P.04/64)”

GAIMIN Goals
The purpose of the project is not to compete with existing mining networks, pools or customers. The goal is to take advantage of the potential in the gaming industry in the field of blockchain. Gaimin as an SmartClient, allows gamers to make a passive income by owning the hardware of their personal computer. When gamer’s PC hardware resources are idle, the client starts cryptocurrency mining through these resources — when the user resumes using their computer, the mining function automatically turns off. The ML client performs the hardware analysis of the applicant’s computer, extracting the best coin seizure for its independent load balancing settings. All earnings will be paid exclusively in Bitcoin and Ethereum and accumulated using historical data and annual trends as incentives. Gaimin also allows users to increase their hash power because they benefit from the effects of network deployment through referrals, and the result is ideally suited to the large influential community on Twitch and YouTube. Advancement is provided by Creative Creation Mechanics, making it efficient and practical for mining, making calculating easy to extract a new game, skin or other low-cost digital goods through your operating system.



We can say that Gaimin brings various revolutionary pieces of technology together to create a new platform. While not all technologies are revolutionary, they make them user-friendly and easy-to-use. This will bring about a breakthrough in the cryptocurrency industry, followed by Gamin.

Gaimin One-Click provides zero-click download software that provides functional mining for gamers worldwide. The software will determine, in real-time, the most lucrative blockchains to mine to and automatically configure itself to work on these, while taking into account the capabilities of its user’s PC. Gaimin.io Extraction Module is one of the five modules available in the operating system. This module can mine any GPU or CPU token, and gamers are rewarded with native GMRX tokens. Native GMRX can be used on Gaimin’s blockchain-based (EOS), smart contract powered, community and marketplace for “user-to-user” transactions (buy, sell, or rent digital devices on the market and can also be used to play with premium gaming).



Gamin and EOS Blockchain
As we mentioned above, the Gaimin.io GMRX token has been issued on the EOS public blockchain. First, we will briefly introduce EOS and then explain the reasons for using this platform in GAINIM.
EOS
EOS is a powerful infrastructure for decentralizing applications. EOS is based on Blockchain, a decentralized system that allows for the development, hosting and implementation of decentralized business applications on its platform. There is no complete format for EOS and its developers decided not to officially define it. EOS has all the features needed to allow businesses and individuals developers to develop web-based blockchain applications. Programs like secure access, authentication, data hosting, and communications between dApps and the Internet. EOS is also supported by a web-toolkit for developing user interfaces and creating free development programs. In short, it’s similar to the Google Play Store and the Apple Store App.
The main purpose of EOS is to create decentralized blockchain with high processing speed and free (or at a very low commission) rate where it is possible to build smart contracts and thus decentralized programs (dApps). Simply put, ISA’s long-term goal is to build a platform like an operating system in the world of cryptocurrencies that makes things very easy. EOS blockchain is a network that does all this work, and Token EOS is the native digital currency of the network that is used to perform transactions. Decentralized applications are the future of the Internet and more than a thousand decentralized applications have already been built on other China blocks.



The reasons for using the EOS blockchain in the project whitepaper are as follows:
- Very Highly Suited to Gaming
Future Gaimin.io plans include the creation of digital gaming assets which makes EOS highly suited to current and future needs –
-High Transaction Speeds and Scalability
-Transaction Costs (Almost) Free Unlike Ethereum,
on the EOS blockchain users do not need to pay in order to use your smart contract, instead, you have to stake your EOS tokens in order to receive Bandwidth, CPU, and Storage for your smart contract.
-Deployment on EOS
To deploy a smart contract to EOS you need to purchase RAM. A typical contract would take say 1MB of RAM (or more), which is ~120 EOS/~$600 (at the time of writing this document)
-Running on EOS
In EOS every user account costs money to the developer. Application developers will pay the nominal cost of account creation to sign up a new user, although the cost of funding a new blockchain account should be insignificant in comparison. EOS is different from Ethereum in the way that you do not actually spend anything to run a dApp, you only have to stake it. And you’ll get it back when you are done with your dApp. It is an attractive model for sure. Regardless you have to purchase coins to stake them.
-Huge Community
EOS has global communities; they are building huge developers’ centers globally with passionate young skilled developers.
-Flexibility
One of the most genius aspects of EOS is its flexibility and ability to evolve.
- Financially Very Strong
Block.one is good for $12 billion and EOS is the most funded project in Blockchain (https://www.businessinsider.com.au/commonwealth-banks-chief-financial-officer-has-resigned-2018-5) –
-Delegated Proof of Stake
Ideal for Gaimin.io needs
- Easy Account Recovery (Seed Words)
The general concept is that every account will have three special permissions: owner, active, and recovery. You will be able to choose recovery partners you trust (friends/family) who will be able to update the active authority and grant you access back into your account.
As long as you specify some friends and family you trust to return your account to you if you lose your keys, then you never have to worry about getting locked out forever. This is made possible through Authorization delays and Deferred Transactions on the EOSIO blockchain. Again, this is ideal for gamers as users.
- You Can Give Your Account a Name
With EOS our users can choose an account name instead of an account number, this is preferable with gamers.
- Has Its Own Governance
EOS has its own on-chain governance and is run by 21 block producers who are paid by inflation to run, maintain and secure the network.
- Easy to use for our developers
Allows huge flexibility for current and future design
- OCI Relationship
Gaimin.io have already visited OCI, (Object Computing) in the USA with the complete #DevelopmentTeam  and have outlined plans for our blockchain incorporation: Interview with Phil Mesnier:
Principal Engineer and Partner at OCI and part of the core #DevelopmentTeam  at EOS —

- Dan Larimer and Block.one are Behind EOS
EOS, Dan Larimer’s third major blockchain project, was created by the team at Block.one. While Dan’s earlier projects Bitshares and Steem are both in the top 50 by market capitalization, EOS is regularly in the top 5, with an impressive market cap.
GAIMIN Team:
With regards to the team project GAIMIN, then there is a very strong core team.



Roadmap
In the picture below, the project roadmap gas been described:


Token Economics:




Additional Information -
https://gaimin.io/
https://gaimin.io/Gaimin.io_Project_Whitepaper_1.2.pdf
https://gaimin.io/documents/
https://www.facebook.com/Gaimin.io/
https://medium.com/@gaimin
https://www.instagram.com/gaimin_io/
https://www.linkedin.com/company/gaimin/
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Authors info:
Bitcointalk username: rezaanahviII
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[rezanahvi]

Come on friends, i want to know your comments.

[rezanahvi]

To get more information about the project, i recommend you to watch the video below:
"Gaimin AMA (Ask Me Anything) with Clive Aroskin, Chief Operating Officer"

[rezanahvi]

Any Idea, Comment or question?
 

[rezanahvi]

UP......

[rezanahvi]

Gaimin AMA (Ask Me Anything) with Calvin Adamus, Chief Product Officer

[Andruha1993]

Personally, I liked this project. I’ve been watching him for a long time and continue to observe. I think the project should be successful.

[rezanahvi]

Personally, I liked this project. I’ve been watching him for a long time and continue to observe. I think the project should be successful.

Thanks for your comment.

[rezanahvi]

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[masterrex]

I like the idea and concept of the Gaimin project. it's a timely implementation. because of those unused processing power of our gaming PCs that remain idle without use and productivity. The Gaimin project will empower every gamer that wants to monetize their unused processing power of their PCs. But the question is how the Gaimin project will do that? and how to implement those uneasy tasks, is it possible? for me, that was a million-dollar question that needs to be answered in due time.

[bigcash2011]

Really impressive project, it is the first gaming plus mining concept i am hearing about. In the past i have seen multiple game based projects to collapse but this one seems really solid.

[rezanahvi]

Really impressive project, it is the first gaming plus mining concept i am hearing about. In the past i have seen multiple game based projects to collapse but this one seems really solid.

Thanks for your comment my friend.

[rezanahvi]

Gaimin Project, Changing The Game

[rezanahvi]

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[rezanahvi]

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