Red Hat Games
Top Gaming tokens as a reward for staking aGAME!
The global video game industry is a billion-dollar business and has been for many years. In 2022, the revenue from the worldwide gaming market was estimated at almost 347 billion U.S. dollars, with the mobile gaming market generating an estimated 248 billion U.S. dollars of the total.
The gaming market is constantly evolving, and technological advancements are opening new possibilities for game developers to create more immersive and engaging experiences through emerging technologies like cloud and VR gaming. (Statista, 2023)
Check out the predictions of gaming savants like Alex Becker…
Along comes Red Hat Games and their reward token aGAME, which was stealth launched on Avalanche. It is an innovative approach to portfolio growth. Simply by staking the aGAME token you receive a proportional share of the staking pool derived from taxes collected from buys and sells in the form of a gaming token.
What are the taxes and how are they distributed?
Taxes are seven (7) percent on each buy and sell. Five (5) percent of every buy/sell is returned to you in the form of a staking reward. The staking rewards tokens representing a gaming studio or gaming infrastructure project. One (1) percent of taxes goes to liquidity and the remaining one (1) percent goes to marketing and development.
Launching a DeFi protocol is not without it’s cost. With no venture capital or pre-sale, the community is a substantial source of support for future development and marketing. While this is not financial advice, I think you can see that the future value of the token assets you receive will far outweigh the buy/sell fee.
Why launch on Avalanche?
Avalanche has been a leader in on-chain gaming and is home to several of the largest gaming projects by market cap. Since these projects have established Avalanche subnets they are not subject to the congestion and gas fees that are associated with traditional mainnets. See below..
How are the tokens chosen for staking rewards?
The staking reward tokens are curated based on several considerations, including current price, market cap, market sentiment, recent announcements, game design progression, anticipated future value and lastly community governance. Some of the most talented projects will be included in the reward rotation.
What are the inaugural Reward Tokens?
You will have your choice of 3 tokens as a reward. When you claim your staking reward you will be prompted with 3 options for withdrawal. Initially you may withdraw into $SHRAP, $BEAM, or $3ULL.
Shrapnel is currently a nearly billion dollar market cap with several video games in development from a solid team. This studio has worked tirelessly during the bear market to bring the best products to the blockchain gaming industry. The future value of $SHRAP tokens, during a bull run, is unfathomable.
Beam is currently sitting at almost a billion dollar market cap. Beam is a gaming infrastructure project with a Subnet on Avalanche. One of the goals of Beam is to seamlessly welcome gamers into the web3 gaming space. $BEAM tokens are definitely an asset you will want to hold on to.
Playa3ull Games is approximately a $40M market cap. Playa3ull Games will allow users to to earn valuable cryptocurrencies as you play your favorite games. Playa3ull is an innovator in the play-to-earn space and expected to grow in value over time.
What makes aGAME different than other reward tokens?
There are several measures in place to ensure project liquidity is retained. Simply put, this is not a meme coin. The utility is clear! There will always be interest in aGAME as a token because of the value it provides to its holders. There is also a plan to do value based airdrops of key Avalanche projects that are sure to be of interest to token holders.
What’s next for Red Hat Games?
We are constantly evolving! The next step is to establish a governance protocol so that aGAME stakers can have a voice in the direction of the project.
