# Gameswap 

> Gameswap is a decentralised exchange platform that enables millions of gamers to easily trade with cryptocurrency.

- Canonical URL: https://iq.wiki/wiki/gameswap
- Categories: Exchanges & Marketplaces
- Tags: DEX
- Created: 2022-07-19T18:30:39.201Z
- Last updated: 2022-10-04T18:40:46.578Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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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.[\[2\]](#cite-id-xq5i1p6ke8f)  
  
# 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.[\[3\]](#cite-id-55p4qznljrt)  
  
GSWAP is the governance token of the Gameswap decentralized exchange (DEX), as well as its base currency.[\[4\]](#cite-id-vgofvv6q2g)  
  
## 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.[\[2\]](#cite-id-xq5i1p6ke8f)  
  
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.[\[1\]](#cite-id-a10cbh5zao)  
  
# 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.[\[5\]](#cite-id-i5xc5ogce6)  
  
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.[\[3\]](#cite-id-55p4qznljrt)  
  
# 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.[\[1\]](#cite-id-a10cbh5zao)  
  
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 buying![\[2\]](#cite-id-xq5i1p6ke8f)