We are often so excited about the possibilities of web3 that we can forget about some of the negative aspects including the energy usage, and the effects of that consumption, involved in building on the blockchain. Our partner, GAIMIN, is building towards a future where the energy already being used is no longer wasted.
Research shows that PC gamers play games for 20% of the time that the computer is actually powered on. GAIMIN looks to capitalize on this with an AI platform that has the ability to monetize the PC’s unused resources (the GPU and CPU) by passively generating a valuable return for the user. Remarkably, it can even be done while the player is using the device without impacting their gaming performance.
Global, decentralized data processing is the way forward.
Creating a decentralized, global data processing network, interconnected through Internet technology is one approach to solving the centralized data processing problem. The delivery of large-scale data processing requirements can be achieved through connecting processing devices into one network.
This approach creates a greener, more ecologically compliant approach to energy consumption for data processing services, spreading processing capability through different countries and regions, mitigating energy consumption bottlenecks, and resolving supply problems through the ability to re-route network processing.
GAIMIN generates revenue primarily from application users participating in the GAIMIN data processing network and monetizing their devices. GAIMIN pays up to 90% of the revenue generated back to the user and retains 10% for its operations. The more users participating in the GAIMIN network, the more revenue generated by GAIMIN, and the more is returned back to users.
GAIMIN will sell NFTs in its Venly API-based marketplace at a low cost to enable users to build their NFT asset repository within their Venly Wallet at a low cost. For example, a user with a mid-range GPU could expect to earn $1 per day when active in the GAIMIN network. GAIMIN intends to create in-game NFTs for $1 or less, enabling a gamer to build their own repository of in-game interoperable NFTs to support their gameplay. Being interoperable, the NFTs can be re-used across different games and genres and take a form and operational structure relevant to the game.
Medium and higher-cost NFTs, which have enhanced utility and attributes, will be minted but require the user to remain in the GAIMIN network until they have earned sufficient rewards to acquire a more expensive asset.
Overall, we are very excited to see what is yet to come. If you want to be a part of this journey, make sure to sign up for the early access launch here!