Gamedex Overview

akumara (27)in #ico • 6 years ago

The collectable card gaming industry has continued to enjoy unprecedented growth over the years, the global worth of the gaming market in 2017 was $110 billion US dollars, and it has been forecasted that the market will continue to grow at the rate of 6.2% annually. Furthermore, digital assets have also been growing, as in 2017, the market was valued at $35 billion USD. The blockchain technology and cryptocurrencies have also been experiencing growth, even though it has not been tapped for general consumer usage, it has potentials to exceed every expectation, as every day new use cases for the blockchain technology gets discovered.

Gamedex is a company that is tapping into the resources of the blockchain technology, by creating digital collectibles; it will function as an ecosystem and platform where digital collectibles can be used for different types of games. Digital collectibles are a revolutionary move in the digital world, and a fusion of the blockchain technology into the digital collectible system comes with added advantages over the traditional system of collectibles. Some of the advantages include a trustless means of using the digital collectibles, provable authenticity, instant cross-border transfer, and an increase in value as a store of value and a speculative asset.

On the Gamedex platform, cards will be able to be traded, purchased, and issued, including being able to function in interesting multiplayer games. Furthermore, the Gamedex tokens (GDX) can be lost and won in gambling games. Gamedex being an innovative platform makes it possible for the sale of digital collectibles in brick and mortar stores, and they can be bought using debit/credit cards as well as other payment options. The platform will be a hub for the use of various types of digital collectibles for different types and categories of games including fantasy sports and gambling decks.

Features

Gamedex has some amazing features that make the platform a favorable one. These features include the following:
Digital Collectibles Exchange
Game Browser
Trading Escrow
Scratch-to-Reveal Packs
In-Store GDX Token Sales
SDK for Brands and Studios
Public API
Provisional Chains for Fiat Gateways
Wallet and Tokens
The platform features an exchange that allows collectors exchange different pairs of digital collectibles against the Gamedex token (GDX), hence, the collector can buy any card of their choice, as long as there is a seller. When digital assets are transacted on the exchange, the funds get stored in the Gamedex wallet. Users can fund their wallets with any of the popular digital currencies including Ethereum, Bitcoins, EOS, etc. The GDX token is an ERC-223 based token and can be used for the following:
Buy, sell, and trade on the platform
To gain rights to governance, and being able to vote what projects should get funded
Fees rebate for GDX token holders on the GDX exchange.
Gamedex will be available on different platforms including web, desktop, and as a mobile app. The app will contain both the exchange and the wallet.