
press release
PRESS RELEASE. GAIMIN solves a major problem for gamers: re-usable in-game assets that can be used again and again when the game is closed or the player wants to switch games. With GAIMIN’s world first NFTxg, a gamer can now securely invest in their gaming experience and retain ownership of a cross-game asset inventory.
GAIMIN’s NFTxg provides true cross-game and cross-device interoperable utility NFTs for moddable AAA games. This allows a gamer the ability to purchase in-game assets, keep full ownership, and re-use their NFTs in different games with utility that is relevant to their game.
A gamer can now create an in-game inventory through purchase or other acquisition methods, and have an instantly available repository for a brand new game.
Martin Speight, CEO of GAIMIN stated, “I am delighted to announce GAIMIN’s NFTxg, a world first in the development of a interoperable, cross-game, utility NFT. In releasing the NFTxg we have solved the gamer’s key problem – true in-game asset ownership. Not only does the NFTxg enable a gamer to own their in-game assets, but it also assures the 60+% of gamers who do not purchase in-game assets they can now purchase and own assets, improving their gaming experience and creating a gaming inventory that can be later sold or rented/loaned to other gamers.”
Martin commented further, “The key feature of the NFTxg is its ability to transfer utility between different games. We have initially implemented NFTxg technology into Minecraft and GTA V with other moddable, private server hosted games, such as RUST which is next on the list. One such NFTxg is the “Ridged Quickblade” which is usable in both Minecraft and GTA V and will also be available in RUST shortly – one NFT with interoperable in-game attributes and enchantments , 3 in-game uses!”
Currently, only games that incorporate GAIMIN NFT or blockchain technology are able to support NFTxg. These include Minecraft, GTA V, and (soon) RUST. GAIMIN, however, has created a plugin to allow server owners to use the NFTxg. They are also developing an SDK that will allow Unity and Unreal game developers to integrate GAIMIN NFT and blockchain technology into their games. The NFTxg’s style and attributes will be based on its utility in the particular game it is used in.
Martin concluded, “The launch of GAIMIN’s NFTxg into some of the most popular AAA games allows users to retain ownership of their in-game NFT asset purchases, with utility built into a number of different games. This creates retained value for NFTxg owners and for the first time allows gamers to invest in their gaming experience and retain their purchases. Over the coming months, we expect the number of games supporting NFTxg to increase, we shall be releasing more NFTxg assets and enabling ownership of assets through our PC monetising technology. “
About GAIMIN
GAIMIN.IO Ltd is a UK-based gaming company that aims to help gamers make the most of the computing power in their gaming PCs. GAIMIN created a global decentralised data processor network that harnesses under-utilised computing power commonly found in gaming PCs. This network delivers “supercomputer” performance.
A free PC-based application GAIMIN helps you to make the most of your under-utilised performance. It uses innovative methods to deliver “supercomputer”-level data processing performance to a global network of independent processors. The GAIMIN data processing network supports many large-scale data processing applications. It is initially focused on powering blockchain computations.
GAIMIN makes payments in its own crypto currency GMRX. This can then be used to purchase on the GAIMIN Marketplace, for NFTs and in-game assets. It can also be converted into fiat or another crypto currency.
For more information on GAIMIN click on this link: www.gaimin.io
For up to date information, please follow the following GAIMIN social media accounts:
For further information, please contact:
The Americas, Middle East and Australian Pacific – Andrew Faridani, Chief Marketing Officer for GAIMIN (based in Toronto, Canada): andrew@gaimin.io
UK and Europe – Marc Bray, Chief Communications Officer for GAIMIN (based in Manchester, UK): marc@gaimin.io
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