Why Gamecredits is One Of The Most Undervalued Cryptocurrencies
Gamecredits
Revolutionizing the gaming industry
Circulating Supply 64,355,352
Market Cap $111,848,958
Goals
Create a blockchain based mobile gaming store
Compete with other app stores such as google play/amazon app store/apple app store
Have Decentralized Tournaments/Decentralized match play with their brother token called MobileGo
Have thousands of popular games in their mobile gaming store by the end of the 2017 ( Mobilego will be incorporated into these games)
Before we go onto the features and why gamecredits is a great investment we will first go over mobilego.
Mobilego
Total Supply 100 Million
Market Cap 29 Million
Team will buy back and burn mobilego tokens with 10% of profits quarterly
Real use case
Mobilego tokens will allow for the development of a decentralized virtual mobile gamer marketplace, the ability for
gamer vs gamer decentralized match play, and decentralized tournaments run on smart contracts.
Use Case
Mobilego will be used inside games located inside the gamecredits app store. Gamers will be able to wager their
Mobilego tokens in peer to peer matches ( Ex. 1v1’s) or tournaments) All the matches will be located on the blockchain so there will be no way for people to cheat.
Now if you’re a gamer chances are you’ve been cheated before whether it’s somebody using mods/Disputing that they got a win over you/etc… There are many ways for people to cheat in traditional gaming. There have even been pro players in countless games caught cheating.
Here is an example of one such game i found on youtube. A CS:GO pro player got caught cheating while at a Major Qualifier.
If you’ve ever played traditional peer to peer matchmaking on top ranked competitive websites such as gamebattles you would know that there are disputes left and right on who won the actual game. I myself have been a victim of this. You can beat a person and they will report that they won. You can even show proof at times and sometimes they will still get the win if they are a higher ranked player. This happens all the time. There are corrupt people/mods on many different sites. If you’re a friend of a dispute moderator on such a site what stops them from giving you the win? With the blockchain there is no such way to have that happen to you. The winners will always win and the people who lost have no way of lying and disputing the outcome of the match.
ADVANTAGES
Earn $ through the comfort of your own home. There is no more need to fly to gaming tournaments and spend all that $ to compete. All you need is mobilego tokens and you can compete in online tournaments with nice cash prizes.
Why pay hundreds and hundreds of dollars for a flight to a gaming tournament/pay for food/hotels when you can compete in tournaments in the comfort of your own home? Don’t forget that there are also team fee’s for you to compete in the tournaments. Fee’s fee’s and fee’s. Instead of spending $500-$1000+ on a tournament you can sit in the comfort of your own home and do the same thing.
Make a living off gaming in the comfort of your own home. There are tons of people who game all day now will be their chance to make some $ while showcasing their skills.
There are people who spend 10–15 hours daily gaming. Now they could do what they love which is game and they can earn a living. Doing what you love isn’t that everybody’s dream? Lots of people have dreams of making a living off gaming but it just isn’t possible nowadays without going to tournaments but not everybody has the $ to fly to tournaments especially if you’re not from the u.s can you imagine how much it will cost for you to fly to the u.s to attend a tournament if you’re on the other side of the world?
I can imagine we will see gamers all throughout the world making a living off of wagering. With the gamecredits team having thousands and thousands of popular games onto their platform there will be thousands of gamers that will be able to make a living off of gaming alone.
Online wagering in games is increasing and I predict in the near future more and more gamers will make a living off wagering. You can already see websites such as umg offering cash wagers between players who want to bet $ while gaming. You can see pro players wagering against each other in games such as call of duty and halo while they are streaming on popular game streaming sites such as twitch.tv.
The only downside i see about this is that they are limited to only a certain amount of people which they can wager against. They have to be able to trust the person they are wagering that if they lose they will pay up. I can imagine there have been a ton of instances where people didn’t pay up. Of course if you’re a pro and you wager against somebody else who is a pro you have a lot to lose if you don’t pay up especially since you will most likely see the other pro player at an event face to face. Now if you’re a pro and you wager against a random person 9 times out of 10 they aren’t going to pay you because they have nothing to lose. They aren’t as popular or don’t got a huge following like you do so it doesn’t impact them whether they decide to pay or not. Now with gamecredits/mobilego since they are on the blockchain people are forced to pay out since the $ will be released from the smart contract not the player so you are 100% safe. This is the next step in gaming ( wagering) and we should see wagering in video games as a billion dollar industry in the near future and we should see pro players of all types streaming them wagering which will in return cause wagers to be more popular.
Ahead of the competition
As you can see by these 2 pictures gamecredits already has way better benefits compared to apple and google play. They reward 90% of profits to the developers. This will have game developers flocking to their platform. You can also use credits earned in one game in another.
The Smartphone gaming market is currently #1 in terms of revenue and market share in the global games market and is projected to go from $46.1 Billion To $64.9 Billion in 2020
The smartphone gaming market is currently growing at a fast rate and with gamecredits adding e-sports with their mobilego token even if gamecredits achieves a 5% market share of the projected 2018 forecasted smartphone market that would put gamecredits at a $2.6 Billion Cap From Todays $111 Millon Market Cap which would make gamecredits worth almost $41/Token in the future. Now this is just an example however with everything they are trying to do i predict we can at least see them having a market share of 10%-25%. Only time will tell if they overtake google play and amazon however even if they do not we cannot argue that gamecredits is highly undervalued since people who buy games from the gamecredits store will need gamecredits to purchase the games. We can also see a huge price increase on mobilego. Don't think people will wager 1 mobilego which is 29 cents. Instead we should see people wagering mobilego worth around $3-$6 if mobilego goes up around the same amount as gamecredits. However since gamecredits is the main token in the ecosystem i would rather buy gamecredits since it does have a higher upside.
Potential Cont.
Gamecredits team has $53 million from their mobilego ico which they will use to advertise their platform
More and more people are getting/using smartphones. For example toys r us filed for bankruptcy because little kids want to play on phones now instead of playing with toys. One of the main reasons the smartphone gaming market will keep on going up since we are entering a digital age.
Gamecredits/Mobilego Sergey Sholom is a former professional gamer for quake/founder of Datcroft Games Ltd. in 2004. Over the last 13 years, Datcroft has developed multiple worldwide popular games with registered users exceeding 13 million gamers.
Partnership with unity which According to the company, approximately 34 percent of the top 1,000 free mobile games are made with Unity tools. The partnership can potentially bring blockchain assets to 3 billion unique mobile devices running Unity-made games and apps
To add onto everything the gamecredits team is doing they also have $53 million dollars untouched from the mobilego ico. They will use that $ to advertise their platform. The average gamer costs $1.50 to get onto a platform. With $53 million as well as them having refferal incentives for people who invite others to join the gamecredits store they should easily have a couple million people onto their platform with ease. Right now their mobile gaming store is in beta stage and they’re making the final touches to their store.
Toys R Us filed for bankruptcy for the simple fact that kids don’t like to play with toys anymore. We’re entering a digital age where everyone is going digital. Little kids want to play games on smartphones nowdays not play with hot wheels or power rangers. That is one of the reasons why the smartphone gaming marketing is evolving and we will continue to see the smartphone gaming market to evolve or years to come.
The creator of gamecredits is a former pro gamer. He knows what people like and don’t like and he knows competitive gaming not to mention his company datcroft has created games with over 13 million different users and counting. The partnership they made with unity is huge and is making them 1 step closer into becoming a mobile gaming giant.
Predictions
My final predictions are that we will possibly see $30-$40 per coin on gamecredits ( $1.74 right now) and we can possibly see a $3-$6 price range on Mobilego in the near future. ( $0.29 right now) The smartphone gaming market is evolving year by year and I can see gamecredits being one of the leading platforms for mobile gaming.
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