What is DUEL? The native token of GameGPT
GameGPT, is the world's first AI-driven game engine, developed by Prism, is designed to offer an unparalleled suite of AI gaming tools and experiences, tailored for both gamers and creators.
DUEL is the native utility token that is used for:
- Community voting on proposals
- In-game utilities, we have launched 6 games already
- Use cases in our digital asset & NFT marketplace
- Staking
- Rewards sharing for token holders
What are the pain points that GameGPT is trying to solve?
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GameGPT is a suite of gaming tools where each tool addresses a key need.
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Our first 5 tools are described below:
Develop: Open-sourced AI dev tools, which we use to build games. Create your own game to host in Arcade and revenue share on the platform. This initiative will be launched in tandem with our creator program, enabling revenue sharing.
Arcade: A vast gaming library comprising our own first-party games, third-party blockchain games, games created in our creator program, and retro arcade games licensed from premier gaming companies.
Challenge: A skill-based wagering platform where users compete in 1v1 or group challenges and wager against others on top web2 and web3 game titles. Users can even create their own challenges with their own rules!
Swap: With a mission to reach gamers everywhere, a cross-chain swap tool will power the platform to allow a seamless and easy swap system for your digital assets.
Wallet: Building a DEX into the platform makes platform onboarding and asset storage easy. We aim for users who are completely web2 to play our games without understanding blockchain. This leads us to develop the Prism wallet, which will hold all digital assets brought into and earned in our games. Its cross-chain and fiat on-ramp will be necessary for the next wave of gamers.
What is the Business Model of GameGPT?
GameGPT currently features two main products, each with its own monetization strategy:
Arcade
Pay-per-game: Gamers purchase complete game access for unlimited use. Game purchases can be made as an NFT mint, where the NFT serves as both a one-time-use game license and an in-game asset such as an avatar or character. Game licenses, whether purchased directly or via an NFT, are for single redemption and are non-transferable.
Subscription: Gamers can pay a monthly subscription fee for access to some or all games on the platform, depending on the subscription level. This model allows free movement between games, potentially increasing earnings and engagement through cross-game NFT powerups.
In-Game Purchases: Some games offer free gameplay supported by in-game purchases of powerups, enhancements, extra lives, or time, available as in-game items or transferable NFTs.
Challenge
Platform Fees: A skill-based wagering platform where GameGPT charges a 10% fee on all prize pools.
Other Monetization Forms
Sponsors & Advertisers: Revenue is generated from advertisers and sponsors who can pay in DUEL with a 10% discount or in fiat/other cryptocurrencies at full price. The platform also earns from Sponsors who wish to contribute to tournaments, challenges, or other events in exchange for visibility of their product or services.
Creator Games: Revenue comes from the sale and downloads of third-party games, payable in DUEL at a 10% discount or in other currencies without a discount.
What makes GameGPT different?
GameGPT stands out with its AI-first approach to gaming.
Boasting record-speed game development thanks to our proprietary AI tools, we also offer a game builder and creator program for collaborators. This feature significantly simplifies game development, enabling creators of all skill levels to efficiently build games.
Additionally, our creator program promotes community engagement and virality by allowing users to contribute to game development. These elements give GameGPT a distinct advantage in nurturing a more inclusive and creative gaming ecosystem in the long run.
Links: https://gamegpt.gg
https://twitter.com/Gamegptofficial
https://discord.com/invite/gamegpt
https://www.youtube.com/channel/UCWhaPHyqTVRnqZXX06U4nRg
Whitepaper: https://prism-whitepaper.gitbook.io/prism-whitepaper/
DUEL Dashboard (Airdrop): https://duel.rmg.io
Swap & Stake: https://swap.rmg.io