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 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.
$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.