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Home News Blockchains

GameSwift Introduces Platform Real Yield 

Sponges By Sponges
July 11, 2023 - Updated on July 7, 2024
in Blockchains, Funding & VC, News, Platforms
Reading Time: 2 mins read
Juice Gaming News | Web3 Gaming

Juice Gaming News | Web3 Gaming

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Modular gaming blockchain, GameSwift has unleashed its platform Real Yield, another exciting gaming model that provides undiluted value for all participants. This new gaming model is the latest utility of the upcoming $GSWIFT token issued by GameSwift DAO.  It generates revenue from multiple sources, addresses token inflation, and integrates other $GSWIFT Real Yield mechanisms. 

What Is Real Yield?

Real Yield is a distribution of gaming-derived yield to players, creators, and validators. The team will generate revenues from various gaming activities like trading fees for in-game assets, sales of in-game items, and paid unlocks. All rewards earned would be generated purely from the gaming ecosystem rather than minting new tokens for prizes. Gamers and token holders will earn tangible value through Real Yield through gaming activities. The new model will create a sustainable game economy by empowering players and rewarding their contributions. 

Benefits of GameSwift Real Yield

Players can trade assets using this model, giving players a sense of ownership and engagement, and fostering a more robust gaming community. They can in turn shape the future of the game they love to play. Real Yield also eliminates consistent token inflation and fosters a more stable and balanced gaming environment. 

This new development aims to reward $GSWIFT stakers. About 10% of the Platform revenue goes to $GSWIFT stakers while another 10% goes to buybacks and burns of $GSWIFT tokens. GameSwift Real Yield doesn’t run out of supply or diminish the token value over time. The income stream from its various gaming activities ensures long-term engagement and sustainable benefits. 

GameSwift is the first web3 ecosystem to combine gaming on its platform with a rigid revenue generation potential. The platform accommodates numerous games, giving a large number of gamers the opportunity to participate and reap the ecosystem’s benefits. Interested participants are encouraged to stay glued to GameSwift’s Twitter handle for further announcements.

Tags: Platforms
Sponges

Sponges

Sponges is a gamer and avid reader who began his journey into Web3 gaming as an enthusiast in 2020. Since then, he has pivoted himself as a writer who aims simplify stories for readers.

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