GameCredits (cryptocurrency)

GameCredits (GAME) is blockchain-based digital currency designed for gamers that was founded in 2016 in Belgrade, Serbia by Nebojsa Maksimovic and Aleksandar Mihajlovic. GameCredits offers a virtual wallet, called Gwallet, and cryptocurrency, called GAME, for gamers and game developers. Organizational partners of GameCredits are QLear Protocol and Sector 5. GameCredits can be purchased on several cryptocurrency exchanges which include Coinswitch, Bittrex, Upbit, BitBay, Flyp.me, Livecoin.net, Poloniex, and Crex24.

GameCredits is based on a simplified version of Bitcoin, ands is mined using the Scrypt algorithm and proof-of-work principle. The organization running GameCredits known as The Game Credits Foundation regularly publishes progress updates, and ensures the GameCredits platform stays %100 open source and decentralized.

Introduction to GameCredits.

GameCredits has made the following public statement regarding the purpose of its platform:

GameCredits (GAME) is a digital currency based on blockchain. Its purpose is to become the universal currency for 2.6 billion gamers worldwide, to empower game developers both big and small in order to further grow the 100 billion dollar gaming industry, and to accelerate the wide adoption of decentralized cryptocurrencies as a better alternative to government-issued fiats.

GameCredits can be mined, and have the following mining specifications:

• Mining algorithm = Scrypt
• Block time = 90 seconds
• Retargets every block
• Block reward = 12.5 GAME
• Max coins = 84,000,000