Blockchain Gaming Platform — GemCave Token, integrates smart contract reflections into 3D Claw Grabber Game & More
Blockchain gaming is a very new concept and there have been various attempts to integrate aspects of the blockchain into games in creative ways. With gaming platforms using the crypto asset itself as the currency such as in the case of [MANA], but this simple structure barely scratches the surface of the capabilities of integrating blockchain technology into a gaming platform.
GemCave Token, the well established hyper utility token based on the Binance Smart Chain, has come up with an ingenious method of combining the 2 in conjunction with one another to complement both the incentives of players and also the general overall progression and growth of the project. Using the custom created smart contract’s unique features, the GemCave gaming platform is integrated into the blockchain through blockchain rewards. Blockchain rewards in the GemCave Token smart contract consist of 3 major reward credits which are credited to the holder’s wallet upon receiving prizes from the competitive games available.
The rewards are distributed via functions in the smart contract. The first of these rewards is the Tax-Free Buy Credits, these are credits that automatically void any buy taxes that would usually apply to a purchase of [GEMS] tokens. Another reward of the GemCave Token’s smart contract is NFT Credits, instead of burning [GEMS] tokens, which is how NFTs are minted at GemCave Token, the NFT is minted using an NFT credit. The final reward of the GemCave Token Rewards is the payout credits. Payout credits earn the holder GEMS reflections by splitting reflections evenly between wallets with payout credits. Each transaction uses up a payout credit.
GemCave’s Gaming Platform is a free to play platform where holders can play every 4 or 12 hours depending on the game, to routinely win blockchain rewards. The 3 feature games available are the Spin the Wheel, Gem Miner (scratch card) and our 3D rendered Claw Machine! The gaming platform has tier systems for various holder brackets to allow more opportunity for bigger holders to reap the benefits of the rewards.Prizes are batch distributed through the GemCave Token smart contract once or twice a day.
The future is bright for GemCave’s Blockchain gaming as recently seen in the recent release of the 3D Claw game, the gaming platform uses the GemCave NFTs that the holder has minted as background of the game. This is a teasing demonstration of the limitless potential behind the GemCave networks working in unison.
To learn more about the GemCave Token Smart contract and learn more about its blockchain technologies such as the NFT 100% on-chain storage which no other NFT Platform is achieving right now, then head over to the website linked or checkout the linked medium article underlining the ways in which GemCave Token solves the inherent security problems apparent in modern NFT platforms.
Website - http://token.gemcave.org/
Meium Article - https://medium.com/@gemcavecoin/gemcave-token-defi-project-solves-inherent-security-risks-of-all-nfts-with-its-new-smart-19cd68ede7a7
Telegram - https://t.me/GemCaveOfficial
Twitter - https://twitter.com/cave_gem