GameX: Engineering Sustainable and Deflationary Play-to-Earn Ecosystems on the Blockchain

5 min readApr 13, 2022

Launching on starter.xyz on April 21st

GameX is an innovative project founded by enthusiastic gamers around the world with a mission to develop exciting 3D and VR games on the blockchain including a Play to Earn mechanism and in-game NFT rarity integration. It is one of the leading tokens in building virtual reality games on the blockchain.

With the vision to engineer sustainable and deflationary Play-to-Earn ecosystems on the blockchain, GameX allows holders to take advantage of high APYs when staking GMX-GRP.

$GRP

$GRP stands for GameX Resource Point. It is the gaming governance token for the ecosystem, and for all the future games that are to be developed by Game-X. The GRP smart contract runs on the BEP 20 network.

MetaRace

MetaRace is the first Player-vs-Player 3D racing game being developed by GameX. The game includes several multiplayer modes with a native token that fuels the ecosystem called $GRP. NFT cars are implemented in MetaRace which are split into four different categories: Common, Rare, Epic and Legendary with a game concept similar to NFS and Forza yet fully built on Web3. What’s more is that a collection of car upgrades is offered as in-game add-ons that will eventually take the player’s car to a higher level when stacked, that in return will allow the player to enter a game in a wealthier prize pool.

Two tokens, $GRP which is the native token and $GMX, will be utilized. GRP is currently being implemented in MetaRace where it will give the users buying power for many in-app purchases. The deployment of $GRP will allow the team to build a multi-layered economic ecosystem, impose long-term sustainability and provide an everlasting vision for GameX.

$GRP TOKEN CAN BE USED TO PURCHASE:

NFT cars of all rarities
NFT car upgrades, utility items, vinyls, boosts and much more
Exclusive maps and locations
Extra game modes

One very important component to mention is that $GRP token revenues acquired from in-game purchases will be automatically burned.

This ecosystem is designed to be extremely sustainable when it comes to $GRP. It is intended to yield towards deflation rather than inflation even if the players are to be rewarded with $GRP.

$GMX

In order for a player to enter a P2E game, an entry fee ‘X’ is required depending on the prize pool selected (discussed previously).

The Team

ELIE ZIEDEH — CEO / Founder

He started his journey in cryptocurrency 2 years ago when he first got his first mining rig. He learned a lot from ETH and developed his knowledge by studying courses related to the cryptocurrency industry and got his CBP (certified Bitcoin Professional) from C4.

GHASSAN FARES — CCO

Chief communication officer and has been in the crypto space for more than 3 years. He has been a marketing senior in another company before; he is an expert in social media & digital marketing, branding, and bringing Identity to any token or product.

GEORGES SKAFF — COO

Chief Operating Officer and the innovative mind behind the administrative operations of “GameX”, Possesses strong knowledge in the cryptocurrency industry with more than 4years experience in the business field.

JOSEPH ZIADE — CTO

Has a firm belief of “practice makes perfect”. Joseph has developed a taste for Development and Design, with knowledge of over 15 different softwares and a portfolio including many games, websites, videos, animations, VFX and mobile applications. Blockchain development is his next target in his learning process, and won’t settle until he achieves mastery.

LAMA ABOU ASSAF — DIGITAL DESIGNER

Holding an approach of storytelling and maximizing the way an artwork would appeal to targeted audience. She specializes in branding a company’s identity from scratch and progressively following the criteria to associate different digital presences where companies are able to generate a certain reach.

CARLA CHIDIAC — MARKETING MANAGER

With more than 8 years of experience in the Digital Marketing and social media, she has strong communication skills and is always looking to optimize the reach of GameX. Carla has around 2 years of experience in the crypto world and still digging more into this huge yet exciting world.

Roadmap

MetaRace Testing Phase 1
Launching Staking portal
Launching The GameX Daily V1 (CRYPTO/Gaming Newspaper)
Expanding Community
Marketing Push
Strategic Partnership
Introducing GRP
Seed Phase GRP
Presale Rounds (private-public-ICO)

Launching GRP
New pools in the portal (GRP,GMX,BNB)
MetaRace Ultimate Competition
MetaRace Multiplayer Tournament
Top notch company audit (GRP,GMX)
Launching MetaRace NFT’s (Cars)
MetaRace main net
Launching NFT wallet
Multiple CEX listing

MetaRace updates (New maps, New Cars, additional features)
Extra Modes for MetaRace
Virtual reality implementation for MetaRace
Major CEX listing
Crosschain to multiple blockchain

Full implementation of virtual reality and simulation on MetaRace
Start building the next Game
Dual token DEX (GMX,GRP)
GameX wallet
NewsVerse Concept the GameX daily

Tokenomics

IDO Details

GameX is launching on Starter.xyz

Ticker: $GRP

Total Supply: 10,000,000 GRP

Token Price: $0.12

Chain: BSC

IDO Date: April 21st

How to Participate

To participate in GameX IDO, simply follow these steps:

Supply your wallet with BNB
Buy $GRP when the IDO starts

Official Links:

Website: http://game-x.co

Telegram: https://t.me/GameXTokenOfficial

Discord: https://discord.gg/rUcU6pjMDc

Twitter: https://twitter.com/gamexofficial1?s=21

Facebook: https://www.facebook.com/GameXToken/

Medium: https://gamexofficial.medium.com/

YouTube: https://youtu.be/Ii5NFnZ5RgU

Instagram: https://instagram.com/gamex_official1?utm_medium=copy_link

About GameX

GameX is an innovative project founded by enthusiastic gamers around the world with a mission to develop exciting 3D and VR games on the blockchain including a Play 2 Earn mechanism and in-game NFT rarity integration. It is one of the leading tokens in building virtual reality games on the blockchain.

Starter

Telegram: https://t.me/starterxyz

Twitter: https://twitter.com/starterxyz

Announcements: https://t.me/starter_announcements

START BSC Contract: https://bscscan.com/token/0x31d0a7ada4d4c131eb612db48861211f63e57610

START Polygon Contract: https://polygonscan.com/token/0x6ccf12b480a99c54b23647c995f4525d544a7e72

START Ethereum Contract: https://etherscan.io/token/0x1d7ca62f6af49ec66f6680b8606e634e55ef22c1

START Fantom Contract: https://ftmscan.com/token/0x8ca2ecbce34c322fcea6db912d9dbfd2dda5920d

START Avalanche Contract: https://snowtrace.io/token/0xf44fb887334fa17d2c5c0f970b5d320ab53ed557

The leading IDO launchpad, incubator, and investor network for Polygon, Ethereum, Fantom, Avalanche and Binance Smart Chain $START https://starter.xyz

GameX: Engineering Sustainable and Deflationary Play-to-Earn Ecosystems on the Blockchain

Written by Starter Labs