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Gameswap

Gameswap  is a decentralised exchange that enables millions of gamers to easily trade and cash-out in-game assets with cryptocurrency, in a neutral platform that they govern and own. Gameswap is powered by DeFi (Decentralized Finance) and the $GSWAP token.[2]

Overview

Gameswap is an innovative decentralized exchange (DEX) for trading in-game items and non-fungible tokens (NFTs). The project is community-driven, and also one of the first products being developed by Shroom Finance. Shroom is a protocol for minting in-game assets on Ethereum.[3]

GSWAP is the governance token of the Gameswap decentralized exchange (DEX), as well as its base currency.[4]

DEX for in-game assets

GameSwap is a peer-to-peer (P2P) in-game asset exchange leveraging Ethereum standards for fungible and non-fungible tokens (NFTs). It’s 100% community-driven, without central points of control or authority. It will work similar to Uniswap, with AMM providing liquidity via pools, but with a strong focus on in-game assets. However, unlike Uniswap, the base currency will be GSWAP instead of ETH.[2]

The ultimate goal is bridging gaming and crypto asset trading with a neutral layer belonging to the users, making gamers feel at home and in control. All spiced with superior UX and economic incentives for both gamers and game devs.[1]

Features

  • Ethereum ERC-20 Contract and Stablecoins
  • AMM
  • NFT (ERC721 / ERC1155)
  • Yield Farming

Benefits

In Gameswap assets are minted or bridged . Any in-game asset can be bridged and wrapped into compatible Ethereum standard via adapters or Through the Mint service. Gamers are able to connect their wallet.[5]

Users manage their inventory via non-custodial crypto wallet such as MetaMask.  Swap or cash-out order is placed . The users place a swap or cash out order for one or several of their wallet assets.[3]

How Gameswap App Works

The first step is to choose the game, select the game items to sell and place a price for them. Once they sell, take the earnings and purchase other game content.[1]

The next step is to Install the App hen Click or search for GameSwap in the App Store (iOS) or Google Play Store. Then Setup a profile to create account and wallet. Start selling or buyingwiki

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Gameswap

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