Bringing the real world economy to the virtual world by establishing
a virtual token-based game asset economic system
GTEX (Game Token Economy & Exchange) platform is committed to become the world's first digital asset distribution platform in the field of gaming. Based on blockchain technology and smart contract mechanism, GTEX will help achieve the tokenization of various virtual game assets and provide an adequate flow of rights and assets throughout the game ecosystem. GTEX platform is constructed primarily of four components:
GTEX Game Mall (GGM)
The GGM is a decentralized game distribution platform that provides game developers with an effective way to reach players directly.
GTEX Wallet & Identification System (GWIS)
GWIS enables users to access both wallet and game assets across the decentralized GTEX ecosystem.
GTEX Game Item Auction
The GTEX Game Item Auction is a secure platform enabling gamers, investors and game developers to trade game assets and game tokens.
GTEX Token Exchange (GTEX)
The GTEX Exchange enables gamers, investors and developers to buy, sell, auction, trade and invest on a single platform.
Assets such as equipment, skins, heroes and other game assets acquired by the players in the game can be traded on the chain through GTEX's innovative decentralized game item platform. Each item will create a smart contract individually.
In the future, with the support of the GTEX decentralized game platform, all game databases will be decentralized. The generation, drop rate, and transfer of game equipment are controlled by blockchain and smart contracts. No single center or entity can intervene, delete, control the game assets of the players, and truly realize the right.
Since game tokens will be used as the underlying currency for circulation in the game world, and smart games will strictly control the circulation of game tokens, the in-game economic world will not collapse due to the presence of studios and in-game currency farming robots.
The profit model has changed from an original production-consumption model to a shared revenue model. The tokens will be greatly appreciated as soon as the game tokens are listed on the GTEX exchange, and game developers can realize profit by selling some of the game tokens on the exchange.
The simple act of listing game tokens onto the GTEX exchange for trading sends a message to the world that the game has the equivalent status of a public company, creating headline buzz and therefore increased trading volume, a luxury not afforded to most of the existing game companies in the current equity world.
Game token holders will be able to use GTEX decentralized exchanges and OTC markets to buy and sell game tokens and gain liquidity. Higher liquidity of assets will benefit the developers, since the company would not have to go public in order to have available funds.