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GameSwift (GSWIFT): Optimizing Web3 Gaming Experience

Beginner
GameFi
Altcoins
Jul 26, 2023
6 min read

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Detailed Summary

As game developers increasingly move into the web3 space, the need for a fast, reliable and low-cost infrastructure is taking center stage. GameSwift is a modular blockchain network that enhances the gaming experience by seamlessly integrating smooth blockchain technology, making it virtually imperceptible to gamers. Gamers can fully immerse themselves in gaming while developers benefit from comprehensive support offered by the platform.

Key Takeaways:

  • The GameSwift ecosystem is built to elevate the gaming experience with its seamless modular blockchain network and zkEVM rollups that promise fast speeds and cross-chain interoperability at zero gas fees. 

  • The GSWIFT token is an omnichain token that can also be used on Polygon and Arbitrum via the LayerZero bridge.

What Is GameSwift (GSWIFT)?

GameSwift is a modular blockchain platform that’s revolutionizing the web3 gaming experience. Its proof of stake (PoS) modular Layer 1 blockchain infrastructure facilitates better gameplay and interaction for users, while supporting enhanced game creation for developers.

GameSwift uses its zkEVM modular chain to tackle the many drawbacks associated with traditional blockchains. Compared to typical monolithic blockchains, the GameSwift Chain is more efficient and scalable. Its reliable network infrastructure also offers developers enhanced security and seamless DApp integration. Gamers benefit from zero gas fees, which supports a superior gaming experience. 

The GameSwift infrastructure enables users to enjoy gaming to the fullest without having to navigate through the usual complex blockchain processes, such as switching between chains or even creating a crypto wallet. All they have to do is to log in with one click with their Apple, Google or Facebook IDs to start playing — and withdraw their earnings with one simple click. 

How Does GameSwift Work?

Traditional, monolithic blockchains utilize one chain for data availability, consensus, settlement and execution. GameSwift is a modular blockchain network, which means that it uses separate chains for each function, enhancing the entire network's speed and efficiency. 

In addition, the GameSwift platform is scalable to allow for optimized speed. In fact, scalability is improved up to 10,000 times as compared to monolithic blockchains. The network also integrates zkEVM rollups. This ensures security for every game, even if the games are built on a separate chain, since the zkEVM rollups tap on the security of the GameSwift mainnet. This allows game developers to focus on building the best features for their games instead of having to think about the security of their games.

GameSwift modular blockchain features.

Source: Medium | GameSwift

GameSwift Key Features

GameSwift is blazing the way for improved web3 gaming. Its core features support a seamless user experience and enhanced development for games. Let’s look at the primary elements of the GameSwift ecosystem.

GameSwift Chain

The GameSwift Chain is a Layer 1 PoS blockchain network that stands apart from other blockchains with its modular infrastructure and zkEVM rollup chains. The GameSwift Chain itself functions as the settlement layer, while the zkEVM rollups operate as the execution layers. This enables the network to scale more efficiently as consensus, execution and settlement are all performed concurrently. The GameSwift Chain also fosters interoperability, allowing games to engage with different blockchain networks effortlessly.

GameSwift ID

Web 2.0 gaming centers like Steam have a simplified sign-on process, but this isn’t the case for most web3 platforms. With GameSwift ID, signing on is equally straightforward and secure. You won’t need to go through multiple steps to access the GameSwift Chain, which makes this platform superior to other web3 platforms. Each user has a single gaming identity and password to access all games and DApps. With the same GameSwift ID, users can also access different web3 wallets, from MetaMask to Trust Wallet, and make cross-chain transfers.

GameSwift SDK

GameSwift SDK is the developer toolbelt that enables fast, high-quality, secure DApp building without the need for deep knowledge of programming languages. Some SDK tools that developers can access are Token and NFT Deployer, Advanced Analytics Access, Unreal, Unity Game Engine Connector and others. Using these tools, developers save weeks or more when creating and integrating their projects.

GameSwift Analytics

GameSwift Analytics offers benefits for both gamers and developers or gaming studios. 

Gamers can monitor their gaming progress — from stats to in-game digital assets and achievements — on a personalized hub. From there, they can also share all this information with their fellow gaming friends to form strong gaming teams. 

Meanwhile, developers and gaming studios can access information about player behavior and other detailed analytics to optimize their game development.

What Is the GSWIFT Token?

GSWIFT is the native token of the GameSwift Chain. This multi-utility token is used to stake and validate blockchain transactions, support community governance and pay fees. When you stake your GSWIFT tokens in the Shared Security Vault, you get to earn rewards in the form of different gaming tokens from every supported game. In addition, 10% of the platform's total returns are distributed to stakers. As an omnichain token, GSWIFT can easily be moved between supported chains, such as Arbitrum and Polygon, through a LayerZero bridge.

GSWIFT has a total supply of 1,396,500,000 tokens, which are distributed as shown in the figure below:

GSWIFT Tokenomics.

Source: Medium | GameSwift

Is GameSwift a Good Investment?

Web 2.0 gaming platforms like Steam have been popular in the gaming community for years, but the transition to web3 gaming is well underway. GameSwift has launched in partnership with Arbitrum and Polygon to propel both gaming and game development experiences. 

In 2022, it was reported that approximately 51% of blockchain usage is for gaming, and growth in this area is likely to continue into 2023 and beyond. Thus far, growth in the web3 gaming sector has been kept in check due to high fees, slow transaction times and the need for multiple IDs and passwords. GameSwift addresses these issues with features such as an advanced gaming protocol, GameSwift ID and analytical capabilities, while simplifying the web3 gaming process to attract both crypto and non-crypto gamers. 

Unlike traditional game models that require new token generation for rewards, GameSwift ensures sustainable revenue by encouraging active participation in maintaining the network via staking, which in turn brings stakers both platform revenue rewards and gaming token rewards. 

GameSwift's robust partnerships, advanced gaming-optimized technology and sustainable tokenomics make it a compelling investment opportunity. However, given the inherent volatility of altcoins, always exercise caution when considering investing in them.

Where to Buy GameSwift (GSWIFT)

You can buy GSWIFT tokens from major exchanges like Bybit. GSWIFT can be purchased as a Spot pair on Bybit (GSWIFT/USDT), and can also be traded via Spot Grid Bot. Additionally, from Jul 21 – Aug 10, 2023 you have a chance to earn from a 50,000 USDT prize pool. New users can earn up to 40 USDT simply by creating a Bybit account and completing KYC, then depositing or trading a minimum of 100 USDT worth of GSWIFT. 

Meanwhile, existing users can earn 20 USDT by accumulating a deposit of 100 USDT worth of GSWIFT, or using 100 USDT to buy GSWIFT. 

Closing Thoughts

Modular blockchain networks are the future of web3 gaming, and the GameSwift Chain is at the forefront of this transition. With exciting improvements for developers and users alike, GameSwift is a web3 platform for all gaming enthusiasts to watch.

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