Game Engine Chain price is $0.01866828
The current price of Game Engine Chain (GES) is $ 0.01866828. This valuation places it at a market capitalization rank of #1, with the market capitalization being $ . Over the past 24 hours, the price has increased by +0.00%%. The trading volume during the same period was 699.8.
Game Engine Chain (GES) is a blockchain platform tailored specifically to support the gaming industry. It aims to provide developers with a robust and efficient blockchain that can facilitate gaming development and player interactions. GES often focuses on integrating blockchain technology with gaming to enhance security, ownership of virtual assets, and overall gaming experiences.
The founders of Game Engine Chain aren't provided, but typically, a project like GES would be initiated by professionals with a background in gaming and blockchain technology. They would combine their expertise to build a platform that meets the needs of game developers and players in a decentralized environment.
Game Engine Chain works by providing a blockchain infrastructure that game developers can leverage to create and manage in-game assets, currencies, and interactions. It allows for the tokenization of items and characters, enabling players to have true ownership over their virtual goods. The transactions on Game Engine Chain are recorded on the blockchain, ensuring transparency and security.
The core benefits of Game Engine Chain generally include:
Enhanced security for transactions and in-game assets
Verifiable scarcity of virtual items, which can enhance their value
Interoperability of assets across games on the GES platform
Potential for reduced costs compared to traditional payment processing methods
Facilitation of decentralized gaming economies
As a blockchain platform, Game Engine Chain is secured through a consensus mechanism, which requires verification of transactions by network participants. These could involve techniques like Proof of Work (PoW), Proof of Stake (PoS), or other consensus mechanisms. This process defends against fraudulent transactions and unauthorized alterations to the network.
The total supply of Game Engine Chain (GES) is typically predetermined by its protocol and is 10.0B. The circulating supply, which is the number of tokens currently available to the public, is . These figures are important as they can affect the price and scarcity of the token.
Game Engine Chain aims to enhance the gaming experience by offering:
True ownership of in-game assets
The ability to earn through play-to-earn models
Lower barriers to entry for developers to build and deploy games
A decentralized platform that could reduce downtime and enhance the gaming experience
Game Engine Chain (GES) is available for trading on the following exchanges: . These platforms facilitate the buying, selling, and trading of GES tokens.
To store Game Engine Chain (GES) securely, you should use a cryptocurrency wallet that supports the GES token. There are various types of wallets, including hardware wallets, software wallets, and mobile wallets, each offering different levels of security and convenience. Always ensure to keep your private keys secure and consider using wallets that provide additional security features such as two-factor authentication.
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