PRISM newly introduced a utility token called GameGPT (DUEL) to facilitate community activities within the game platform. The DUEL token will debut on Bitrue platform starting from 30th January 2024 at 10:00 UTC. The token will be available in the spot market and perpetual contracts. The listing of the DUEL token is expected to bring significant opportunities in the AI gaming industry.
Where to Buy DUEL Token?
Bitrue is now offering DUEL/USDT spot trading pair. To start trading, you have to create Bitrue account first and deposit balance. Bitrue provides two methods to deposit your money: credit/debit card and cryptocurrency. After that, you can navigate to the DUEL/USDT spot trading page.
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Deposit opening time: Opened
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DUEL/USDT trading opening time: January 30, 2024, 10:00 (UTC)
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Withdrawal opening time: January 31, 2024, 10:00 (UTC)
New Users Benefit:
Bitrue is now hosting a special deal where you have the chance to win a grand prize of 1,000 USDT after finishing the required tasks. For additional information, please click here to join.
What is GameGPT ($DUEL) Token?
GameGPT (DUEL) is a utility token in the GameGPT ecosystem developed by PRISM. GameGPT is an AI-driven game engine that aims to be the Google Suite of blockchain games. This platform is made for gamers and creators. DUEL token will also be used as the central currency in powering gaming experiences within GameGPT Challenges, providing users with unique and rewarding engagement opportunities.
DUEL holders are able to use the token for voting on new proposals, accessing in-game utilities, engaging in use cases within the digital asset & NFT marketplace, participating in staking, and sharing rewards among token holders.
Developer DUEL Token
The team behind GameGPT (DUEL) includes Will Deane (founder), Devin Lovato (CMO), and Victor Tan (COO). You can learn more about the team by reading the white paper, visiting the website, and checking out their social media profiles.
Future of DUEL Token
The future of AI in gaming seems bright, as AI is expected to become even more important in developing and playing games. As machine learning techniques improve, we can anticipate more advanced gameplay, realistic NPC behaviors, and better realism overall.
So, what makes GameGPT stands out than other platform? GameGPT provides a wide array of gaming experiences to cater to different preferences and interests. The platform actively encourages community participation and engagement.
GameGPT empowers creators by providing tools and opportunities to contribute to the platform's growth. GameGPT combines cutting-edge technology with a community-centric approach to redefine AI and blockchain gaming. The business model of GameGPT includes arcade monetization strategies, challenge platform monetization, and other monetization methods.
Arcade Monetization Strategies
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Pay-per-game: Gamers purchase complete game access either directly or through NFT minting, where the NFT serves as both a game license and an in-game asset.
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Subscription: Monthly fee grants access to some or all games, promoting cross-game NFT power ups.
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In-Game Purchases: Free gameplay supported by in-game purchases of powerups, enhancements, or items, including transferable NFTs.
Challenge Platform Monetization:
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Platform Fees: GameGPT charges a 10% fee on all prize pools for its skill-based wagering platform.
Other Monetization Methods:
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Sponsors & Advertisers: Revenue generated from advertisers and sponsors paying in DUEL (with a 10% discount) or in fiat/other cryptocurrencies at full price. Additional revenue from sponsors contributing to events for product or service visibility.
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Creator Games: Revenue from sales and downloads of third-party games, payable in DUEL at a 10% discount or in other currencies.
DUEL Tokenomics
This is an explanation regarding the distribution of GameGPT (DUEL) tokens based on its official website. The majority of DUEL tokens are distributed to creators (22.5%) and public sales (10%).
Is DUEL a Good Investment?
To answer the prospects of the DUEL token, we need to consider both sides. DUEL is a newly released token and potentially has significant price volatility. However, when considering the project's background, developers, and utility, DUEL may be a good token to invest in. The token has traded at $0.01087, experiencing a 53.35% increase since its launch. The current market capitalization is $1.45 million.
Prism is excited to introduce its newest product, GameGPT Arcade, as part of the GameGPT ecosystem. GameGPT Arcade will offer an extensive collection of 10,000 games, all powered by the DUEL token. Users can wager on billion-dollar games or the latest Pepe AI Game by staking DUEL tokens. Winners will receive a 10% cash back in DUEL DAO, enhancing the overall gaming experience and incentivizing participation.
Conclusion
GameGPT (DUEL) is a utility token in the GameGPT ecosystem developed by PRISM. The prospects of the DUEL token present both opportunities and challenges. As a newly released token, DUEL may experience significant price volatility. On the other hand, DUEL presents an exciting prospect as it aligns with the growing AI-gaming industry.