In recent years, the importance of online social interactions has skyrocketed as more and more enterprises are embracing the concept of the metaverse.
The metaverse allows individuals to interact with others virtually using a unique digital identity, enabling them to communicate, transact, and share their interests without the need for physical meetups.
One project that is at the forefront of this movement is Gamium. It is a decentralized social metaverse project that is built on Web3 and metaverse technologies, providing a fully immersive virtual social environment for its users.
This article will delve into the unique features of Gamium, the products and services it offers, its tokenomics, and how you can create your own digital identity within the platform.
What is Gamium?
Gamium is a decentralized social project that combines the power of blockchain, Web3, and the metaverse to create digital identities and assets that are interoperable across multiple metaverse platforms.
Developed by Alberto Rosas Garcia, it aims to fuse the potential of social network development with that of Web3 to create a decentralized social metaverse.
In the Gamium 3D fully immersive social metaverse, users can create unique experiences, digital assets, connect various applications, and engage with a thriving community. This allows for a more immersive and connected social experience, where users have greater control and ownership over their digital identities and assets. Additionally, Gamium’s decentralized nature ensures that users’ data is secure and private, providing a more trustworthy and transparent social experience.
Unique Features of Gamium
- Gamium is decentralized and has most of the blockchain technology capabilities, such as public, distributed, and verifiable data, as well as smart contracts.
- This new socializing platform enables users to monetize the value provided by their social interactions. Users receive prizes, like tokens, for socializing with their Avatar within Gamium through the Socialize-to-Earn (S2E) program.
- Gamium provides a governance layer that allows users to create decentralized autonomous organizations (DAOs), propose custom governance systems, vote on proposals, and govern the platform.
- Users can interact and communicate with other Avatars via public and private chat, voice chat, forums, surveys, etc.
- Gamium also allows users to use both Gamium-native and third-party apps.
Gamium is currently developing two projects, the Gamium App and Gamium World, as entry points into its decentralized social metaverse.
The Gamium World is a fully immersive 3D environment that provides access to the decentralized social metaverse. It’s a virtual world where users can create and enjoy their own immersive experiences.
The Gamium World has a symbolic city named Genesis City that represents its soul. The city is named Genesis after the first block of the Bitcoin blockchain.
Genesis City is a large metropolis with beautiful architecture and buildings of all shapes, sizes, and colors, where avatars can enjoy a variety of activities, such as leisurely strolling, socializing, and networking with other avatars. They can also play mini-games, attend exclusive events, and visit Genesis Emblematic Buildings to use their unique applications.
There are ten neighborhoods outside of Genesis City, which include islands, districts, and LANDs, where avatars can live and develop whatever they want.
Users can own LAND in the Gamium World to create one-of-a-kind experiences, form communities with their governance and economics, engage in immersive communication with other avatars, and earn money.
A LAND is a digital piece of real estate in the Gamium World. Each LAND is a one-of-a-kind NFT, a non-fungible ERC-721 token. Users can utilize the Gamium SDK to create digital experiences and populate their LANDs with ASSETs.
Benefits of buying Gamium LAND
- LAND owners will be able to include incredible BUILDINGS within their LAND, from which they will have access to exclusive amenities.
- LAND owners will be able to create various social experiences in their LANDs. For example, throwing special events or parties for everyone or certain avatars who have purchased an NFT from their collection. They can also schedule business meetings with the avatars of their choice (Kind of a 3D immersive Zoom or Skype call).
- LAND owners can integrate their internet store within their LAND. As a result, their clients can purchase NFTs that represent the owner’s eCommerce services or products and have them dispatched to a specific address.
- Advertising is another major benefit that LAND owners can gain from. LAND owners can display their brands or offer their space to other businesses for a fee.
- If the LAND owner does not want to develop a social experience, they could monetize their LAND by renting it out.
- Owning LAND also offers the owners a say in the NEIGHBOURHOOD where their LAND is located. LAND owners will be involved in shaping the destiny of the NEIGHBOURHOOD to which they belong.
The Gamium App
The Gamium app, a 3D all-in-one digital app and wallet, allows access to the Decentralized Social Metaverse.
This app, thanks to its technology, enables users to create and develop their Digital Identity and use it across Web3 and Metaverse applications.
The app also stores the user’s avatar’s digital fingerprints and gives the user control over their digital identity through their avatar.
The Gamium Avatar
The avatar is a unique digital identity that combines all of a user’s digital fingerprints into a cohesive entity.
Users no longer have to rely on centralized entities to build, maintain, and administer their digital identity due to the Gamium Avatar.
Gamium employs two forms of decentralized digital identity technologies, NFTs and SSI, to enable users to construct an avatar.
- NFTs: A record on a public peer-to-peer network that allocates an owner to some underlying asset created by an issuer.
- Self-Sovereign Identity (SSI): This is built on Verifiable Credentials (VCs), which are credentials granted by Decentralized Identifiers (DIDs).
Both employ peer-to-peer networks as anchors to verify ownership of some assets or public keys.
Avatar also features Anatomy, which is a 3D representation of the avatar in the Gamium World. Gamium users can change their anatomy at any time via their Avatar profile.
How Does Gamium Work?
Gamium focuses on creating virtual avatars that enable users to explore the Decentralized Social Metaverse. This is achievable because Gamium’s avatars can serve as Self-Sovereign Identity (SSI) for both the Web3 and Web2 worlds, thanks to the widely recognized Avatar SDK.
What is Gamium’s Avatar SDK
The Avatar SDK is the core tool for not only creating avatars on Web3, but also for managing all related data and interactions. It enables third-party applications to incorporate Avatar technology into their products and services.
Additionally, the SDK helps in constructing bridges that enable users to utilize their avatar or associated information on other blockchains or within Web2.
Ultimately, the Avatar SDK offers both developers and users the creative freedom to create distinct and highly personalized avatars while also facilitating seamless connections between the Web2 and Web3 worlds.
Gamium strongly prioritizes privacy and does not retain any information related to avatars. Instead, users are responsible for managing and storing their avatar’s data in the Gamium App Wallet on their personal devices.
Users have the option to share selected parts of their avatar’s data with other avatars or organizations, and can also utilize the Avatar SDK to share certain private information with businesses.
It is worth noting that selective disclosure and zero-knowledge proofs are available for certain avatar data, allowing users to prove their age without revealing their exact date of birth.
The Gamium economy is driven by two tokens: GMM and MST.
GMM: Gamium’s governance and medium of exchange token
This token is used as a governance mechanism in the Gamium ecosystem. Gamium users will have access to a wide range of extra capabilities, depending on their GMM stake, such as Avatar Governance, Gamium DAO, creating and administering community-owned cities, receiving exclusive NFTs or token airdrops, and access to unique events.
The maximum total supply of GMM is 50,000,000,000, with an initial price of $0.0003 per GMM and a market valuation of $714,000.
MST: Utility and reward token
MST is Gamium’s utility and reward token. The MST token was carefully developed to be utilized in the future as an incentive to stimulate user growth in the Gamium ecosystem. However, MST has not yet been deployed.
Building Your Digital Identity With Gamium
The adventure on Gamium starts with registration for the Gamium App through either a Web3 authentication login or an email. Once registered, users can fully complete their Avatar Profile, utilizing both on-chain and off-chain data. They can then access various apps and services through the features of the Gamium App, such as communicating with other avatars.
An Avatar, or Digital Identity, is officially formed when a user logs into the Gamium App and claims their non-transferable Digital Identity NFT. The more characteristics and data included in the Avatar profile, the more complete the Digital Identity will be, and thus, it will become more valuable both within and outside of the Gamium ecosystem.
- Gamium is a revolutionary project that seamlessly blends social experiences with a fully immersive 3D decentralized universe.
- Utilizing the power of blockchain technology, Gamium allows users to create a unique digital identity in the form of avatars, giving them the ability to fully immerse themselves in this digital world.
- Gamium also offers an interoperable software development kit (SDK), enabling users to easily transfer both content and the tools used to create it. This opens up endless possibilities for creativity and collaboration within the Gamium universe.
- Gamium is also pioneering a new income model known as “Socialize-to-Earn” (S2E). This model rewards users for establishing social relationships amongst avatars, allowing them to commercialize their in-world interactions. This not only adds a new layer of engagement for users, but also provides a new revenue stream for content creators.
- Gamium aims to provide a generation of digital identity in the metaverse that not only identifies the user but can also be used in any digital environment without major issues.
- Overall, Gamium offers a truly unique and immersive user experience, combining social interaction, decentralized technology, and a new income model to create a new digital world.
Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence.
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