What is GemUni (GENI)? All information about GENI token

• Overview of GemUni (GENI)
• What is GemUni (GENI)?
• GemUni . game project ecosystem
• Highlights of GemUni
• Mechanisms in the GemUni . platform
• Game modes in GemUni
• Development roadmap
• GemUni . Developers, Advisors, Partners and Investors
• Overview of the GENI . token
• General information about the GENI . token
• Allocate GENI tokens
• GENI token release schedule
• Evaluate GemUni game project, should invest GENI token or not?
• summary

Overview of GemUni (GENI)

What is GemUni (GENI)?

GemUni is building a decentralized NFT Play-to-Earn gaming platform. Users can enjoy Casual games and Signature games while still monetizing their experience with platform rewards and trading NFTs. Built on top of Binance Smart Chain , GemUni wants to diversify players' gaming experience with new blockchain features such as a Metaverse for Casual games.

GemUni . game project ecosystem

GemUni consists of two ecosystems: GENI token and GENIX reward token

In the GENI ecosystem

Players can earn more with diverse DeFi mechanics, as well as trade NFT items on GemUni's NFT Marketplace. The GENI token is the main token of the project, allowing players to purchase a GENI Pass to access the game network and purchase other NFT assets.

In the GENIX reward token ecosystem

Users can play and earn from 2 main reward systems:

• Casual gaming platform : Users can enjoy hundreds of different games, while also monetizing their experience with game platform rewards. The GENIX token is an in-game cryptocurrency that allows users to purchase entry tickets and in-game tools.
• Signature gaming platform : Users will have access to Signature games built specifically to enhance the gaming experience and maximize the chances of winning. Each Signature game will also have its own token to reward players.

Highlights of GemUni

GENI Passes

The GENI Pass NFT acts as a membership card in GemUni's Casual games. It allows users to access the network of games and play games for money.

GENI Pass has 5 levels of Stone, Topaz, Citrine, Ruby and Diamond, built on BEP-721 standard. Each pass will generate a certain number of game tickets per day for the user to participate in the game modes.

More than 1000 Casual games

More than 1000 Casual games will be released in 2022 on GemUni. GemUni provides users with a great playing and earning experience with many different genres of Casual games such as puzzle, quiz, intelligence, entertainment, action, racing, sports...

Signature games

The Signature games are GemUni's innovation to build a metaverse for Casual games. Participating in these games, users will have the opportunity to experience exciting experiences and increase their chances of earning with various reward tokens and in-game NFT trading. GemUni is expected to support and develop 4 Signature games, Moon 2050, CyberRace, ZodiBoom and MetaTransformers.

Tournament system

GemUni organizes many tournaments to interact with users and build trust in the community. Tournaments will be held weekly, monthly, yearly and seasonally. Going forward, GemUni is expected to hold a global tournament with great prize opportunities for the participants. Terms and conditions of participation will be announced in Q1 2022.

GemUni Launchpad

In addition to implementing the NFT Play-to-Earn gaming platform, GemUni also aims to become the Launchpad for IGO, the INO of Signature games for partners.

The project wants to make it easier for people to know more about the crypto game concept, Play-to-Earn. Developers can look for opportunities to attract new users to their games through blockchain and expand the ecosystem to grow stronger.

NFT Marketplace

GemUni's NFT Marketplace connects all players in the platform to buy and sell GENI Pass and in-game items using GENI and various cryptocurrencies.

Mechanisms in the GemUni . platform

Play-to-Earn mechanics

The number of rewards earned will depend on the level of GENI Pass that the player owns. All rewards received will be in the form of EXP, GENIX or other bonus tokens and recorded in real time to the player profile.

EXP Earning

Users can play to familiarize themselves with the games and earn EXP, but cannot earn GENIX tokens.

In this mode, players can only participate in high score, 1 vs 1, team vs team and Battle Royale modes. Players can also create their own PvP rooms (1 vs 1, team vs team, Battle Royale), then load up EXP to play with friends and other players.

GENIX Earning

Users can play and earn EXP, GENIX in all game modes, including PvE

(high score and leaderboard) and PvP (1 vs 1, team vs team, Battle Royale).

DeFi mechanism

GemUni is building a decentralized Casual game platform that takes the GameFi experience to the next level. In the GemUni project ecosystem there are DeFi mechanisms such as:

• Farming: Players can earn GENI by adding GENI or token pairs (GENI with other cryptocurrencies) to available farming pools.
• Staking: Players can stake their GENI or NFT for a fixed period of time to earn more.
• Burning: GemUni will deduct part of the revenue to buy back GENI and burn them to prevent inflation.
• Lending: Players can borrow GENI to buy GENI Pass with an interest rate of about 0.05%/day (this rate will be updated according to market demand from time to time).
• Leasing: GENI Pass holders can rent out their cards to other players to earn money.
• Reward: Game rewards earned in the form of GENIX. The initial exchange rate is GENIX = 0.001 x GENI, the exchange rate will change depending on the needs of the market.

Game modes in GemUni

PvE . mode

High score mode : Players will earn varying amounts of GENIX, on a score range of 1 to 100. The maximum possible GENIX earnings are 125 GENIX per game ticket.

Leaderboard Mode : The top player of each leaderboard will win 1250 GENIX/player/game ticket. There will be 12 leaderboards for each game every day.

PvP mode

1 vs 1 : The winner of this mode will get 12.5 GENIX for each player with 1 entry ticket. The higher the GENI Pass level, the more rewards.

Team vs Team : To participate in this mode, each team will need to have at least 5 players. If the number of participants is more than specified, some players will be invited out of the room. If fewer players are needed, the game won't start until there are enough players. Winning teams will receive different amounts of GENIX depending on team size. The winnings will be divided equally among the winning players.

Battle Royale : Each competition room requires 100 game participations (100 tickets) to be counted

valid and allows players to earn money. In each battle, there will only be one winner who has the highest score for the duration of the battle, with a reward of 3,750 GENIX. 

Each match lasts up to 12 hours, starting from 1 player to 100 players. Battles must be over within one day even if they're less than 12 hours old (as ticket counts will be reset every day).

If the number of game entries is less than 100 at the end of the battle, the result will be discarded and no winner will be announced. User and tool participation tickets will be refunded. Players can use their tickets (partially or in full) to re-enter the battle room and will be counted as the same user with the latest score.

Development roadmap

Quarter 1 of 2022 :

• Organize IDO on 3 launchpad platforms: Red Kite, GameFi, KrystalGO on January 19
• Listed on PancakeSwap on January 20
• Launch Farming Pool on KyberSwap Platform on Jan 22
• Launch Farming and Staking GENI, NFT Passes in February
• Launching NFT Marketplace in February
• Beta testing and official launch of game website with 400+ Play-to-Earn games in February
• Introducing more DeFi mechanisms Lending and Leasing in March
• Host Signature games INO and try beta versions of Moon 2050, CyberRace, ZodiBoom, MetaTransformers.
• Release of Whitepaper version 2.0

Second quarter of 2022 :

• Listing GENI on centralized exchanges CEX
• Introducing GemUni portal for developers/publishers to buy/rent a piece of land to trade games on GemUni
• Expanding partnerships with game studios and creator platforms
• IGO/INO Launchpad for Signature games
• Kicking off the global tournament with a prize pool of up to US$1 million
• Technical Audit
• Release of Whitepaper version 3.0
• Official launch of games Moon 2050, CyberRace, ZodiBoom
• Get over 800 casual games for Play-to-Earn

GemUni . Developers, Advisors, Partners and Investors

GemUni .'s development team

GemUni was founded by a founding team with many years of experience in the field of technology and blockchain. They are all passionate and persistent in building GemUni into a decentralized NFT Gaming Play-to-Earn platform.

Cassi Nguyen – Founder and CEO : Cassi Nguyen has more than 8 years of experience in the fields of artificial intelligence, Big Data, technology startups in Gaming Software. She is the winner of Startup World Cup 2019 in Silicon Valley, WISE Women Innovation Challenge 2018 and finalist of Quesnay's Female Founders in Tech Mobility 2020.

William Nguyen – Co-founder and member of the Board of Directors : William Nguyen is an experienced entrepreneur in many different industries and fields through managing more than 20 technology businesses. He has an aspiration to apply the latest technology in financial and management operations on a global scale.

GemUni's development team currently has more than 30 members both full time and part time. They also work with a variety of game studios, partners with diverse experience in engineering, games, design, marketing and community development to run and support the project.

Advisor of GemUni

Peter Vesterbacka – Game Development Advisor : Peter Vesterbacka is a former Mighty Eagle of Rovio Entertainment, top 100 most influential people on the planet. He is also the founder of SLUSH Conference, the largest non-profit startup conference in Northern Europe and Russia.

David Nguyen – Technology Advisor : David Nguyen is a blockchain expert on Fintech, Lending, exchanges, DEX and banking system. He has extensive experience in managing many million dollar NFT projects. 

Pavitra Mukherjee – HR blockchain advisor : Pavitra Mukherjee has over 20 years of experience in business, project management planning, training and development for large companies. 

Investor of GemUni

DeFiHorse is invested by many investment funds and companies such as Kyber Ventures, Kyros Ventures , Kiwi Group...

GemUni .'s partner partners

DeFiHorse is currently a partner with many investment funds, launchpad platforms such as Red Kite, GameFi, KrystalGO, Binance NFT...

Overview of the GENI . token

GENI and GENIX are the two currencies used on the GemUni platform. The ability to switch back and forth between these 2 tokens helps players earn more when participating in the game.

• GENI token is the official utility token of GemUni
• The GENIX token is the token used in GemUni's games

Main functions of GENI token:

• Payment : Users need to pay GENI tokens to access GemUni games and trade NFT on NFT Marketplace.
• Reward : Players can receive GENI tokens when referring friends to play GemUni's games. Users can also convert GENIX tokens to earn in-game rewards in the form of GENI tokens.
• Farming and Staking : Users can deposit their GENI tokens to receive periodic interest through GemUni's Farming and Staking feature.
• Voting and governance : GENI-hosted users can participate in voting on some of the platform's new features and development proposals. They can also use their GENI to support the developer community to build new games on the GemUni platform. 

Main function of GENIX token:

• Buy game tickets
• Reward users for minting NFT

General information about the GENI . token

• Token Name: GemUni
• Ticker: GENI
• Token Type: Utility
• Blockchain: Binance Smart Chain
• Token Standard: BEP-20
• Contact: 0xc04a231…f07FfD
• Seed Sales Price: 0.1 USD
• Private Sales Price: 0.15 USD
• IDO Price: 0.2 USD
• Total Token Supply: 100,000,000 GENI

Allocate GENI tokens

GENI tokens are distributed proportionally:

• Farming and staking: 15%
• Marketing and community: 20%
• Development team: 15%
• Advisors and partners: 5%
• Seed sales: 5%
• Public sales: 2%
• Private sales: 10%
• Liquidity: 5%
• Game treasury: 23%

GENI token release schedule

• Farming and staking: 15,000,000 GENI (15%), distributed gradually within 36 months starting from the date of public sale.
• Marketing and community: 20,000,000 GENI (20%), distributed gradually within 36 months starting from the date of public sale.
• Development team: 15,000,000 GENI (15%), 12 month GENI lock starting from the date of public sale, then distributed gradually over 12 months.
• Advisors and partners: 5,000,000 GENI (5%), 12 months GENI lock starting from the date of abs public sale, then distributed gradually over 12 months.
• Seed sales: 5,000,000 GENI (5%), unlock 5% at public sales. Lock GENI for 6 months then distribute gradually over 12 months.
• Public sales: 2,000,000 GENI (2), distributed gradually over 3 months.
• Private sales: 10,000,000 GENI (10%), unlock 5% at public sales. Lock GENI for 6 months then distribute gradually over 12 months.
• Liquidity: 5,000,000 GENI (5%), unlocked 10% at public sales, then distributed gradually over 9 months.
• Game Treasury: 23,000,000 GENI (23%), distributed gradually over 36 months starting from the date of public sale.

Evaluate GemUni game project, should invest GENI token or not?

GameFi is a game genre that combines elements of decentralized finance (DeFi) and NFT, creating a complete closed economy and ecosystem right in the game. GameFi has witnessed an amazing boom in 2021, with virtual currencies like AXS , MANA , SAND ... increasing in value many times over.

In today's popular GameFi projects, players must use in-game characters and props to win over opponents, win rewards, and earn money. Compared to "mining", this method is much more difficult and time-consuming, so if the economic model and gameplay of the game are not well designed, it is very difficult to retain players.

In terms of content, GameFi currently has many ways to play such as role-playing, virtual space, fighting, collecting cards, building .... Compared to DeFi alone, it is more interactive, more interesting, more entertaining, but compared to some popular traditional games, it is still far behind and cannot reach all customers.

For project GemUni is a pretty potential project when working towards making a platform for all Casual games. Casual games are popular games, easy to play, short in length, suitable for all ages. Due to their simplicity, casual games usually have very low development costs and are therefore sold at lower prices than other “hardcore” games, even for free. This helps the game reach and attract as many players as possible, paving the way for monetization methods based on the number of players such as advertising, in-app sales, monthly fees, etc. GemUni to play different types of games after stressful working hours and earn bonuses from your gaming action. Not only that,

With today's GameFi projects, most of the profits players make come from the game and not through the storage of its tokens. You should wait for the game to be officially launched and experience it for yourself to avoid investing in the game's token right away when it's just listed. After a period of experience, evaluate and analyze the potential of that game to decide whether to invest money or not.

summary

Above is the basic information about GemUni project and GENI token. GemUni aspires to be a decentralized steam for casual games. In the future, GemUni will bring applications with better experiences as a Metaverse for Casual games so that players can both entertain and earn money through playing games after stressful working hours. .

For more details about the project, readers can view information at the media channels:

Twitter | Telegram | Discord | Facebook | Medium | Linkedin | Project information

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