Gamesta IDO Launching on Equinox!
The AI-powered Gaming Guild Is Coming On 15 Dec 2021
Our Gamesta INO was a huge success! All the cards were sold and we raised $482,500 during the launch.
Congratulations to all the Platinum and Black GAMEX cardholders!
Now, it’s time to prepare for the Gamesta IDO on 15 Dec 2021 and the launch of the $GSG token.
Gamesta is an AI-powered gaming guild that enables investors to connect with and empower thousands of P2E gamers worldwide. Gamesta provides training, management, and support to talented gamers in developing and underprivileged countries using their guild, academy, and scholarship program. Their mission is to facilitate entry to GameFi platforms that would otherwise be financially out of reach.
The Current Problem
P2E NFT gaming is exploding in popularity, generating multiple success stories of people making enough money to thrive through gameplay. And, of course, gaming companies are starting to take notice.
In a study funded by the blockchain platform Stratis, 58% of 197 surveyed video game developers reported that they were starting to use blockchain technology. Even game development giants like Ubisoft have announced plans to make P2E games in the near future.
But all this popularity has created a new problem. The increase in players has driven up the cost of playing, pricing underprivileged gamers out of opportunities and adding more volatility to NFT prices. For example, at the time of writing, Axie Infinity NFTs cost at least $73 per Axie, and you need three to play. So, you have to pay around $219 just to get started with the lowest ranked Axies. And if you want to establish an Axie team that is more competitive and gives you a better chance at earning meaningful amounts of money, it’ll cost you way more.
Gas fees and NFT prices are increasingly undermining the principles of blockchain technology, creating a digital hierarchy instead of a level playing field.
The Gamesta Solution
Gamesta is breaking down these barriers with a team of crypto specialists, connecting investors and underprivileged gamers, and enabling everyone to share in profits from the exploding GameFi market. A Gamesta Guild of 150+ players is already operating and working as a testbed in Bali, Indonesia. They currently have over 200 ETH in managed assets and profits of $5000 per day.
The Guild is working on expanding to a global level, with advanced features to optimize operations. One example is the development of an algorithm that uses Artificial Intelligence (AI) and Machine Learning (ML) to assist digital asset acquisitions. Once working, this algorithm will reduce human error and remove sentiment, which will increase the efficiency of the treasury an estimated three times over.
Built on the Polygon Network, Gamesta gets all the benefits of the Ethereum blockchain while avoiding exorbitant gas fees and slow transactions. The platform is powered by the $GSG token and will revolve around optimized and open use of the treasury. A DAO will be implemented to allow $GSG holders to make key decisions and direct the guild fairly and equitably.
Gamesta’s goal is to expand its already successful beta program far beyond the borders of Indonesia, and leverage AI and ML to optimize the process and maximize profits for everyone involved.
Gaming profits generated by the guild will be rolled back into operations and used to fund a tiered reward system for players that will net them up to a 50/50 split of the profits. Gamesta wants the best players to be a part of their ecosystem and believes their time should be equal in value to the digital assets that are used. Machine learning will also optimize player rewards and asset assignments by automatically promoting and rewarding the best players in the scholarship programs.
The Gamesta team wants to offer the financial opportunities of GameFi to as many people as possible. To this end, they will establish the Gamesta Academy. In this unique gaming setting, some of the best P2E gamers in the world will train players to maximize their potential and yield when using Gamesta assets. They will also be offering scholarships to players in the form of NFT asset distributions that offset high costs. Instead of breaking the bank, gamers can use a profit-sharing model to play with higher quality assets. This means better potential returns with much lower upfront costs.
Gamesta unleashes the true potential of P2E gaming and improves access to those who need it. With their help, GameFi can change lives around the world.
The Equinox Launch Mission
Projects like Gamesta take the potential of crypto to new heights with exciting new use cases. This cutting-edge technology propels society forward and motivates us to act as incubators and supporters for disruptive, world-changing ideas.
We’re maximizing humankind’s full potential and growth by teaming up with other visionaries in the real-world crypto space and creating virtual spaces that combine music, art, technology, and blockchain education.
Please join us for the live launch event. Stay tuned to our social media channels, as we’ll be releasing more information soon.
A new season is upon us. We hope you’re ready.
Find out more about Gamesta at:
Autumn Equinox has passed. The time for a new non-fungible community-driven launchpad is upon us.
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