Dear GAME Credits Community,
It has recently come to our attention that there has been some confusion and concern within our community regarding the ability of holders of the former GAME token from the previous GAME Credits platform to redeem the forked ERC-20 GAME token, which operates as the utility token for the current GAME Credits platform. Hearing these concerns, the management of the GAME Credits team came together to work on providing clarity and the solution outlined below. But first, I believe some additional context would be helpful.
In November of 2019 we became aware that the old GAME Credits platform was, for lack of a better word, dying. Having been big fans of the goals that the original GAME Credits team set out to achieve, we decided that it would be worthwhile for us to make it part of our own goals to carry that mission forward. Given that GAME Credits already had a great community that was excited about the project, we inquired as to whether the previous GAME Credits team would be willing to sell us the intellectual property rights to continue our mission using the GAME Credits name and ticker symbol for what would be a new ERC-20 GAME token. Of course, we could have simply forked the project under a new name and ticker symbol or continued to use the Nova Token name, but we wanted to carry forward the mission of the original GAME Credits project and thought the best way to do so would be under the GAME Credits name. So, we acquired the name and started developing our new platform.
On June 13th, 2020 the new forked ERC-20 GAME utility token went live on the Ethereum blockchain. Because we were deciding to rebrand the Nova Token platform to GAME Credits and continue to develop Nova Token under the GAME Credits name, and because Nova Tokens would no longer have utility after the change, we airdropped each Nova Token holder an amount of GAME that was proportionate to their total holdings of Nova Token and the new maximum supply of GAME.
Additionally, because our goal of continuing to develop our project under the GAME Credits name was to carry out the mission of the original GAME Credits project rather than seeing it die, we wanted to offer holders of the former GAME token, which had by that point lost nearly all of its utility, the opportunity to join us in our project and hold our new ERC-20 GAME utility token. To accomplish this, we started by working with various exchanges where the old GAME was listed to facilitate automatic redemption of the old GAME held on the exchanges for new ERC-20 GAME. Roughly 60% of all GAME was redeemed this way. However, because the old GAME was not an ERC-20 token, we could not simply airdrop new GAME tokens to users who were holding GAME in their personal wallets. So, we created a redemption process and offered a 6-month redemption window that ended December 31, 2020 (a period we understood to be considerably long for a forked token) for former GAME holders to redeem the new ERC-20 GAME token. We did everything we could to communicate this redemption period to all GAME holders, but because of the anonymous nature of blockchain, there were limitations. Nevertheless, a significant number of users got the message and redeemed their old GAME for the new token.
We recently became aware that our GAME redemption form was left active until very recently, which has created some confusion regarding former GAME holders’ ability to redeem beyond the December 31, 2020 cutoff. Because we value having each of you in our community, we have made the decision that we will honor valid requests that came in before the form was taken down on February 23rd. If you previously filled in the form, or reached out, we have recorded your request, and will contact you in the next two weeks regarding a redemption. We ask that you please be patient as this will take time.
Going forward we will no longer be offering redemption of the former GAME token for the forked ERC-20 GAME token.
We have several exciting developments we will be announcing in the next few months and could not be more excited for what the future holds for GAME Credits. Thank you for being a member of this amazing community.
Sincerely,
Jason Cassidy
Chief Executive Officer
We are excited to announce the launch of the GAME Credits Marketplace. The Marketplace allows owners to sell their acquired NFTs, or other in-game items, to other interested users, while the original creators earn a royalty on those sales. Creators can differentiate themselves by offering what specific users want, plus provide a way to sell their NFTs and in-game items and make Fiat.
Users that have purchased NFTs through the GAME Credits web portal or via their in-game account, including collectibles purchased or won as part of a contest or competition, can now sell them directly using a linked Ethereum based wallet such as MetaMask.
Nova Blitz will be the first game on the GAME Credits roadmap to roll out this feature, with a launch targeted for later in 2021.
The new GAME Credits Marketplace will allow users to filter on their favorite Creators and find all of the ‘auctions’ that are of interest to them. Once purchased, users can sell items from their own collections in the same manner as other creators.
Last but not least, the GAME Credits Marketplace will also enable items of limited rarity that have ‘sold out’ to be acquired from those who have bought and are reselling them.
The GAME Credits Marketplace is easy to get started in and there is no blockchain or crypto knowledge required to own & collect NFTs. Having minimal crypto and exchange knowledge will make the process of exchanging $GAME for $ETH and $ETH for Fiat much easier. Exchanges such as UniSwap and Coinbase provide easy to follow tutorials on how to do so.
As we alluded to in the first State of the GAME address last month, 2021 will be an incredibly busy year for the team. We’ll be rounding off our feature releases and announcing some very exciting partnerships as the year progresses. In the meantime, let’s dive into what’s happened since our last update.
The development team has been working on Nova Blitz for mobile platforms, Nova Blitz on Blockchain, and the upcoming GAME Marketplace and GAME Loyalty Points.
The GAME Credits Marketplace will allow owners to sell their acquired NFTs, or other in-game items, to other interested users, while the original creators earn a royalty on those sales.
Loyalty Points is a new system that rewards users for staking on a creator on the GAME Credits Rewards Portal. If you’re familiar with yield farming in the DeFi space, this is an identical process for the gaming and NFT space.
More information on both the GAME Marketplace and Loyalty Points is coming your way very, very soon.
We’re pleased to announce that another leading Metaverse, SomniumSpace, has joined the GAME Rewards portal. Speaking to the above development update, there will be some very clever uses to the upcoming loyalty points feature allowing supporters to earn some unique NFTs and other collectibles. Keep a close eye out for the launch of Loyalty Points as this will bring a whole new dimension to the rewards you as a supporter will earn.
You can find the GAME HQ in Somnium Space at parcel 861, or by clicking here.
To celebrate our partnership we held a launch party on Saturday, January 30th at the GAME HQ in SomniumSpace. Check out the official announcement.
Thanks to all who participated. We had a blast with you!
Additionally we’ve added Nick Frontera to our operations team. Nick serves as our COO and CLO and is helping bring some of his vision to the operations side of GAME. Prior to joining the team he spent his career as an attorney at two prestigious law firms in the US and first became involved in the blockchain space in 2017. He also manages comic legend turned crypto artist, Jose Delbo.
The operations team has begun to streamline itself and is in talks with several other exciting new creators that we will be onboarding to the GAME Rewards portal as well as taking advantage of the GAME Foundry. If you are interested in becoming a creator on the portal please reach out to us at [email protected] and we can guide you through the sign-up process.
There are a lot of things we are working on behind the scenes. We know everyone wants to be kept up to date, however as a company, we will not share info until the items have a solid release date. There is a lot of hype in crypto and that is both good and bad.
We’d really like to stress that some amazing developments are coming in the next few months. The excitement amongst team members is palpable. We can’t wait to share that news with our fans and creators. Hang tight with us as we shore up the details.
GAME on!
We are pleased to announce that Somnium Space has joined the GAME Credits Rewards Portal, marking the beginning of an ongoing partnership between two notable, innovative companies bringing tokenization and blockchain to the gaming world. GAME Credits was one of the first cryptocurrencies in existence and the very first gaming cryptocurrency ever launched. With Somnium Space being the premier virtual reality blockchain metaverse, we could not be more excited to partner together to further our mission of bringing gamified NFT solutions to the virtual world.
To celebrate this partnership, there will be a party at the GAME Credits headquarters in Somnium Space happening this Saturday, January 30th, 2021 at 4:00 PM ET. The event will feature live music by DJ Mister J as well as a treasure hunt where you can find $CUBEs and $GAME.
Whether you strap on your VR headset and join us for the full VR experience or hop in via Somnium WEB, we are looking forward to celebrating together!
How to participate in Treasure Hunt
As soon as the party starts, 10 different key cards, numbered from 1 to 10, will be hidden on the parcel for you to find. Each key card will have a prize in it, which will be either $CUBE or $GAME currency. In order to claim the key, you need to take a selfie inside VR or SomniumWEB with your avatar standing next to it and Tweet that picture with the tags @SomniumSpace and @Gamecredits and the hashtag #VRtreasurehunt #VRparty. Also, please make sure to add your MetaMask wallet address. Whoever tweets the image first will receive the prize associated with that particular key card! Good luck!
More Information
Somnium WEB Link to GAME Credits Headquarters: somniumspace.com/parcel/861
Somnium Space On GAME Credits: https://app.gamecredits.org/rewards/creator/36
Learn More About GAME Credits: https://gamecredits.org/
Learn More About Somnium Space: https://www.somniumspace.com/
GAME Credits Reward Portal: https://app.gamecredits.org/rewards
Welcome to our first annual State of the GAME update. In this brief write up we’ll cover some of the developments we saw in 2020 as well as some teasers of what’s to come in 2021. If you’re subscribed to our monthly newsletter you may have already read many of these points. If not, join up! The newsletter is an excellent way to stay abreast of developments at GAME HQ and as we roll in to 2021 updates will become even more frequent. Sign up here.
GAME Credits was formed with a new team in 2020, building off of the infrastructure left by previous teams. In April 2020 this was formally announced to the public as NovaToken merged with GameCredits to form the new GAME Credits. Read more about the acquisition here, as well as the NovaToken (NVT) and GameCredits (GAME) merge into GAME Credits.
We have continued working on our technical offering, the GAME Credits Platform, throughout the process of this transition. Our bottom line has always been to empower players and developers and bring tokenization and blockchain to the gaming world. 2020, while full of challenges, has brought us significantly closer to achieving that goal.
Here’s just a handful of additional highlights from 2020:
Check out some of Natural Warp’s creations on The GAME Rewards Portal & NFT Foundry
While we can’t supply an official date, the heavy lifting involved for the launch of the GAME Exchange is finished and we expect this key feature of the platform to be released in the near future. This will allow users of the portal (games, developers, and GAMErs) to buy, sell, and trade collectibles directly.
2021 will be an exciting year for GAME Credits as we work towards the full launch of our platform with all intended functionality. As the blockchain industry continues to embrace NFTs and gaming we find ourselves in an enviable position with a robust technology stack covering almost every facet imaginable in the gaming and NFT ecosystem. This will foster new relationships with partners and help us deliver the best collection of games, NFTs, and the functionality between them in the industry.
We are very thankful to our community and partners who continued to support us. Even with our ever growing suite of tools, we are cognizant of the fact we wouldn’t be where we are and won’t get to where we want to go without you. We hope you’ll stick around and see the dream come to fruition in 2021. Happy New Year everyone. GAME on!
The blockchain industry has been on a rollercoaster of a ride over the past few years, and while many others have folded, the GameCredits brand has proved its resilience. Since its inception in 2014, GC has stood by and for its gamers — and will continue to do so for many years to come. Today we are excited to announce a new partnership that we hope will bring GameCredits to an even higher level in both the blockchain and gaming communities.
With the power of Matic, GC has brought gasless fees to the players with the GAME Foundry, a robust creation tool that allows Developers, Gamers, Streamers, Creative Artists, and all others, the ability to make their own custom digital items known as non-fungible tokens (NFTs).
We like to think of GAME Foundry as a digital creator’s dream workshop, and are proud to begin our Champions series with btcdaddy as our initial partner. As a League of Legends streamer, btcdaddy made the early jump from the failed Mixer project to Twitch before the global shutoff that turned a corner for the industry.
His early insights into Bitcoin and other crypto have been the precipice of his persona. As many Cryptonians, btcdaddy feels most comfortable on a rocketship to the moon as the bitcoin bullrun ensues, which is what gave the GC art team the inspiration for the first Champion’s NFTs minted especially for btcdaddy.
Wondering how you can pick these digital collectibles up? Head over to app.gamecredits.org and sign in with MetaMask. Grab some GAME on one of the many exchanges (Bittrex, Uniswap, BitBay, Hotbit) and deposit into the dapp. It’s that simple!
We’re ultimately excited to be kicking off our Champions series with btcdaddy whose audience is notorious for being massive crypto fans. For more information about giveaways throughout the series be sure to follow & subscribe to GameCredits and btcdaddy on Twitter & Twitch.
For more information about GAME Foundry, click here –https://app.gamecredits.org/
Good day GAME faithful and welcome to another installment of the monthly update here at GAME HQ. This has been one of the busiest months in company history as we’ve rounded off our next feature release! Let’s dive into the details of the release and everything else happening with GAME.
Development
With much of the heavy lifting having been completed in September for our NFT Foundry, the theme for October was polishing testing and fine tuning the user experience. We spent a lot of time with our user experience team going through and making sure the site and the workflows make for an easy to use experience.
We’ve also been hard at work implementing a new landing page that will highlight featured creators to support and feature NFT Collectible for purchase. This new home page will allow us to feature the projects we’re excited about and feel that you should be too.
With the launch today creators will be able to add themselves to our rewards portal, like games do today. In addition they will be able to mint their own NFT in our Foundry and sell them for GAME Credits to you, their fans. We cannot wait to see what types of collectibles they come up with.
Next up for the team is to get the secondary market UI done and some other important features that will make onboarding and collectible purchases more seamless.
Also in October we brought on two new developers to help with the workload and bring more expertise to the team
For Nova Blitz, we are finalizing In App Purchases, testing and builds for release to Google Play and Apple App Store. The game plays really well on mobile devices, and this will help maximize our distribution influence before going to the blockchain. Second, we have started building out our migration of the economy data to the GAME Credits platform and finishing our Unity SDK Libraries.
Now that things are winding down on our upcoming release, we’ll be looking forward to talking about what’s coming next in the November update!
Marketing
In October we welcomed “Psychedelic / Visionary 2D/3D 360° AR/VR #CryptoArtist” Natural Warp to the rewards portal. You can support Natural Warp by staking GAME through the Rewards Portal at app.gamecredits.org.
October also saw the official launch of the GAME Credits HQ in Decentraland and more specifically, Crypto Valley at the coordinates 59,14. Come check out our new space!
We’re continuing our weekly live streaming on Twitch Tues/Weds/Thurs. You can see the schedule here: https://www.twitch.tv/gamecreditsplatform
Check out our CEO, Jason Cassidy, talk about the GAME CREDITS Platform on the #GamesFromTheBlock Podcast!
CEO Jason Cassidy speaks at the CGC Conference about The NFT Revolution.
As time progresses we’ll be expanding even further into the public eye with more interviews, AMAs, and podcasts bringing you a wealth of information on the platform and its features. Keep an eye out for new content each week shared through our social media channels to get a direct look into the platform as told by our team members themselves.
Operations
As mentioned earlier in this update the work for the GAME Foundry has been completed and launched, November 11th during the Futurist Conference. Our Lead Developer Matt Quirk gave a demo of this exciting new tool in the demo day stream for Blockchain Game Alliance.
As discussed in previous updates our GAME Ambassador Program will be going live soon. We are currently running pilots of the program with select users and community members. After some time we will open up public applications for this program. In the meantime, if you think you have what it takes to become an ambassador feel free to join our Discord so you can discuss this with team members directly.
Keep your eye out for more NovaBlitz news as we edge closer to launching on Google Play and the Apple Store. Once this is live there will be plenty of opportunities to earn prizes and even compete directly against GAME team members.
Closing Thoughts
As we often mention in these updates community involvement is paramount in the success of the GAME platform. We’d like to thank those of you who have provided your feedback and offered your time and services in any form to further our vision and help bring it to life. If you’ve been following our updates and have a question or feedback of your own don’t hesitate to speak up. If you feel you have the skillset to contribute to the project let us know. While our team has grown exponentially in the past year we’ll always try our absolute best to find a space for talented individuals.
From the beginning we’ve focused on bringing a functional, exciting product to the masses. We believe the road to mass adoption lies with Gaming and NFTs and we will be here with you to see that vision through. We hope you’ll join us for this inevitable paradigm shift in the way the world GAMEs.
GAME on!
GAME Credits Announces the GAME Foundry to Help Games, Creators and Streamers Create Their Own NFTs
Antigua, November 11, 2020 — Today GAME CREDITS is happy to announce the launch of the GAME Foundry, a robust creation tool that allows Developers, Gamers, Streamers, Creative Artists, and all others, the ability to make their own custom digital items known as non-fungible tokens (NFTs).
The creation and transfer of digital items (NFTs) on the Ethereum blockchain has become extremely costly due to high transaction fees on the Ethereum network, otherwise known as gas prices. The process may also be further delayed due to slower network effects on the Ethereum Mainnet. In addition to having a simple and user-friendly interface, GAME Foundry alleviates both the problems of cost and time, all while eliminating the need for any blockchain-related requirements.
Create and Deliver Digital Assets at a Lower Cost
GAME Foundry is a tool that creates and delivers these digital items at a fraction of the cost, as creation and delivery fees are paid using $GAME, an ERC-20 token created on the Ethereum Blockchain Network, and the native token of the GAME CREDITS Platform.
Create and Deliver Digital Assets Quickly and Securely
GAME Foundry takes advantage of faster transaction speeds by running on sidechains. Developers Continue to Earn on NFTs Post-Distribution. In addition to the lower cost to create game assets, using blockchain also helps to ensure the secure transfer of these items.
Developers who use GAME Foundry will enjoy earning commissions on those digital items each and every time a player sells them in the decentralized GAME Exchange System.
About GAME CREDITS
GAME CREDITS ($GAME), formerly known as Gamerscoin, launched in February of 2014, making it not only one of the very first cryptocurrencies to be launched but the very first to be focused solely on games. The primary focus of GAME was, and remains, as a digital currency. Since its inception, GAME has been used both to revolutionize in-game purchases as well as to give game developers a monetization based on the fair play rules that the technology of blockchain affords.
Good day GAME faithful and welcome to another installment of the monthly update here at GAME HQ. Keeping with the theme of the past several updates, it’s been another busy month and that’s just how we like it. Let’s dive into what’s happening.
With all the new additions to the team, we have been working hard to implement new processes and workflows. In addition, we’ve focused on improving in-team communication and helping each other solve issues that arise.
Significant progress has been made by the team towards bringing the next major release of our Rewards Portal forward. We’ve been very busy migrating our contracts to use the Matic network and over the next few months it will be clear why the delays have happened.
Our NFT Creation Tool for our partners is nearing completion. At launch, games and other partners will be able to create collectible NFTs that can be purchased or earned as staking rewards through our Rewards portal.
Speaking of partners, the original vision of the rewards portal is expanding! In addition to game developers, we will be opening up our partner program to streamers, e-sports personalities, artists, and more! Much of the development effort during September was centered around the expansion of these features. Stay tuned for more news on that front soon.
Furthermore, Nova Blitz is gearing up for release officially on the Apple Store and Google Play as we finished fixing some major bugs with the Android build. We’ll enable in-app purchases and we’re getting things ready to start migrating to the block-chain.
So where’s my release?! Fair question, With the expansion of the scope of our Rewards Portal and the migration to the Matic network, things are taking a bit longer to wrap up. But we assure you the team is working hard and the new features we are adding as part of this release will definitely be worth the wait.
September saw the marketing team work on a lot of different initiatives encompassing a wide range of verticals:
GAME Credits officially joined the Blockchain Game Alliance as well as launched our promotion with BEN (Blockchain Education Network), which you can read more about here:
BEN Global Airdrop to Galvanize Thousands of Students in September
“GAME Credits, a blockchain gaming network and one of this year’s main supporters, has allocated $5,000 USD worth of ERC20 tokens for 1,000 students. This will help students understand how their favorite video games could benefit from having internal, blockchain-based currencies.”
GAME Credits was also involved in a few different live events:
In addition to the top real estate we’ve secured in the Sandbox, Somnium Space, and Crypto Voxels, on Sept 10th we launched the new GAME Credits HQ in Decentraland, which is located in the heart of the Crypto Valley district.
On top of these initiatives, our marketing team has continued to grow. We’ve welcomed two more experienced professionals in this space and are continuing to add to our pool of talent where applicable.
Daily social media engagement is the name of the GAME for us (slight pun intended). If you follow us you already know how busy things are at GAME HQ as we are constantly releasing great news regarding new products, partnerships and events. This is part of the culture at GAME Credits in that we are continually looking for ways to improve our product.
As mentioned previously, GAME giveaways continue every month so this is yet another great reason to follow us closely on Twitter, Telegram, Discord, Facebook and our other socials. We will be launching our YouTube channel soon and this is very relevant as we will be doing more public outreach in the industry.
As mentioned in the development portion of the update we’ve been very busy working on Matic integrations and migrating contracts to the Matic network in preparation for future feature releases as well as working with our partner SKALE as they ramp up operations.
Once the GAME Foundry (formerly GAME Mint) is complete much of the development focus will shift to GAME Exchange. As a soft-date, we anticipate the work on GAME Foundry to be complete sometime in the next 6 to 8 weeks.
Our COO Josh conducted a Splinterlands 101 session with Carrie from the Splinterlands team. This session was meant not only for our community to learn the ins and outs of Splinterlands but to answer any questions our faithful fans have about both GAME and Splinterlands.
We’re beginning weekly Twitch streams which serve as an open AMA time as well as bringing our fans the opportunity to play games with members of the team. Thursday GAME TIME will become a standard and begins in the month of October. We’ll be releasing a schedule so fans know when they can tune in to watch, ask questions, and play themselves.
On the Nova Blitz front, our Android build has been submitted to the Google Play store for review. While we don’t have an exact timeline on this being added to the store we anticipate it will not be long.
The GAME Ambassador program is very close to public release. This is going to be a great way to help out the company, learn about the technologies we have as well as earn some GAME by representing the brand in your geographical region. Details will be released shortly regarding how you can become an ambassador in your respective region of the world and help support and build our GAME community.
September also saw GAME added to Swapspace.co, a cryptocurrency exchange aggregator site that helps select the best rates when purchasing GAME. They can be found on the “Token” page of our website along with all other exchanges.
Redemptions continue for those GAME holders who are looking to swap out their old PoW GAME coin for the new ERC-20 GAME token. We have a long redemption window which covers all of 2020, so if you are just reading this now reach out to us regarding support if you need assistance with the swap process. Our goal from the beginning has been to ensure no one is left behind and having a long grace period for holders to take part in the swap is the surest way we can fulfill that promise to you all. If you are only reading this now and need to swap from the old PoW GAME coin to the new ERC20 GAME token, you can find the instructions necessary to complete your redemption here:
As we continue to forge ahead with development of the platform we’re humbled by the community we have and know that none of this would be possible without you, our loyal fans. Our focus has always been on creating real value and use cases through our platform. While we do put effort into growing our community we are confident that the features we’re delivering will have a powerful “if you build it, they will come” effect on the industry.
The team and culture we’ve cultivated here at GAME HQ has truly begun to round out over the past few months. We’re more confident than ever that we have the proper tools, people, and passion in place to deliver something truly unique to the blockchain, gaming, and NFT worlds. A common theme we share is the belief that the road to mass adoption lies with gaming and NFTs. We won’t stop until we see that belief becomes reality.
GAME on!
