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How SRCGAME is Changing Web3 Gaming with Bitcoin and Blockchain

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by Giorgi Kostiuk

10 months ago


  1. Core Concepts of SRCGAME
  2. SRCGAME Tokenomics
  3. Partnerships and Migration to the Polygon Network

  4. SRCGAME, a pioneer in the web3 gaming space, offers new perspectives for a constantly developing market. They aim to change the way games are made, played, and monetized using Bitcoin, blockchain technology, and the Src20 standard.

    Core Concepts of SRCGAME

    SRCGAME allows players to own the items they win in the game. Players can also import their old, beloved games into the new system. The 'Challenge & Earn' system enables participation and winning of prizes.

    NFT technology allows gamers to truly own items won in games and transfer them between games. Game developers also benefit by monetizing their games through this system.

    SRCGAME uses Bitcoin and the Src20 standard, ensuring transparency, safety, and fairness. Joint decisions by developers and players help improve the gaming experience for all.

    SRCGAME Tokenomics

    The native token SGM is fundamental to the system, functioning on the Bitcoin network and adhering to the Src20 standard. SGM is used for various platform functions such as:

    * In-game purchases * P2P payments * Participation in e-sports events

    There are 600,000,000 SGM tokens in total, essential for platform operations.

    **SGM Token Use Cases**

    SGM is the main currency in the SRCGAME ecosystem. Both developers and players can use and benefit from it.

    * **In-Game Currency:** SGM is used for P2P payments, buying and selling in-game items, and participating in e-sports competitions. * **Reward for Success:** Players earn SGM through duels and competitions. * **Exclusive Perks:** Owners of SGM get access to exclusive tournaments, early access to games, and discounts.

    **Duels and Tournaments** enable players to earn prizes using SGM tokens. Participants need SGM tokens in a supported wallet to join. * In 1v1 duels, each player pays a fee that goes into the prize pool. * Tournaments with multiple players have similar structures with entry fees and prizes in SGM.

    Partnerships and Migration to the Polygon Network

    SRCGAME collaborates with other companies to expand its network. Two major partners are CDMStamp and Tonka Games.

    **Partnership with Tonka Games**

    Tonka Games and SRCGAME are developing a mini-game platform where users can enjoy games and win prizes. It includes a variety of mini-games, ways to earn, major tournaments, and early competition access.

    **Partnership with CDMStamp**

    To expand in Asia, SRCGAME and CDMStamp have opened a new office in Hong Kong. This strengthens SRCGAME's presence in the global gaming market and connects to more players.

    **Migration to the Polygon Network**

    SGM tokens are transferred to the Polygon network. This improves transaction speed, reduces fees, and makes trading easier on popular exchanges like Uniswap. Users can transition tokens from Src20 to Polygon using the provided utility.

    SRCGAME is making significant strides in blockchain gaming through major alliances, the transition to the Polygon network, and the development of tokenomics. These steps underline the company's commitment to global expansion and enhancing the experience for players and developers.

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