Tallin, Estonia, December 19, 2023
The GameSwift team is proud to introduce GS Pay, a revolutionary payment system and bank card that seamlessly converts in-game treasures into real money, unlocking a world where gaming fuels real-life purchases. As the gaming sector continues its exponential growth, the lines between reality and virtual worlds are becoming increasingly blurred. Gaming is transcending mere entertainment, and GameSwift is at the forefront of this evolution.
Empowering Gamers Beyond the Screen
With GS Pay, the aim is to bridge the gap between the gaming universe and the physical world, empowering gamers to utilize their hard-earned digital items as currency for everyday expenses such as shopping, food, and bills. GS Pay, coupled with the virtual currency ‘G-BUCKS’, is designed for seamless integration within games, applications, and online stores. This unified system, powered by G-BUCKS, facilitates a transformative experience for Web3 gamers.
Additionally, GS Pay transcends the boundaries between Web2 and Web3, allowing users to effortlessly pay for anything they desire, be it a gaming asset or even dinner with friends. The benefits of GS Pay therefore extend beyond a simple payment experience for gamers, as it also offers perks like higher APY, discounts, airdrop multipliers, and more.
Unveiling The Technology Behind GS Pay
At the core of GS Pay lies the exclusive technology that enables gamers to monetize and cash out their in-game assets seamlessly. The intuitive dashboard showcases in-game digital assets, complete with information about each item’s value. In the Mainnet stage, with just a single click, gamers can also convert their assets into actual money on their GS Pay bank card.
The GS Pay system comprises two key components, namely the GameSwift Wallet and the GameSwift Card. Furthermore, GameSwift’s technology covers all technical aspects, including handling gas fees and bridging assets to exchanges or marketplaces for conversion. The off-ramping process also employs zero-knowledge proof technology, ensuring the privacy and security of converting crypto assets to fiat.
A Comprehensive Payment System
GS Pay, integrated into the GameSwift Platform, streamlines fund placement and withdrawal for users. This versatile system supports various services, including ordering a payment card, making in-game purchases, and utilizing both off-ramp and on-ramp gateways. Users can conveniently place funds on their accounts using traditional methods or blockchain technology through crypto wallets.
There are some important dates to note, as December 20th is when access for whitelisted users will be given, December 21st is the Open Phase, December 22nd is the return to 7 days of unbounding, and December 23rd will mark the end of the first phase. The number of places available in Phase 1 are 888, and the lock conditions are 3 months plus 7 days unbounding.
GameSwift is a leading innovator in the gaming industry, dedicated to providing high-quality solutions that redefine the gaming experience. The platform was founded on the convergence of blockchain innovation, a passion for gaming, a strong technological foundation, and decentralized financial technologies. By seamlessly integrating these enabling technologies, the team presents the future of Web3 gaming.
GS Pay has the potential to revolutionize how gamers engage with and monetize their hobby. GameSwift is excited to introduce this innovative product to the market, simplifying the monetization of in-game assets in the real world without requiring blockchain expertise. The team firmly believes in empowering users, and GS Pay is a testament to that commitment.
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