GameGPT (DUEL)

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Gaming Platform and AI Tools

GameGPT is a blockchain-based gaming platform that offers multiple game modes like challenges, survivor, and arcade. It uses AI to speed up game development and provides a suite of AI-powered gaming tools for both gamers and creators. This helps users create, compete, and monetize games more easily.

Native Token Utility

The DUEL token is the native utility token of GameGPT. It is used for platform fees (such as a 10% fee on prize pools), in-game purchases, challenge wagers, subscription fees, and community voting on proposals. DUEL also unlocks in-game utilities and grants access to digital asset and NFT marketplaces.

Developer and Creator Support

GameGPT offers open-source AI development tools that allow creators to build their own games, host them on the platform, and share in the revenue. AI-powered smart contract analysis and improved testing environments help developers create better games faster.

User Experience and Wallet Integration

The platform aims to make blockchain gaming accessible to users unfamiliar with blockchain by developing the Prism wallet, which holds all digital assets earned or brought into games. This wallet supports cross-chain assets and fiat on-ramps, making it easier for the next generation of gamers to participate.

Monetization and Ecosystem

Revenue is generated from platform fees, sponsorships, and advertising, with sponsors able to pay in DUEL tokens at a discount. The ecosystem encourages community participation, allowing users to earn rewards, stake tokens for passive income, and engage in a dynamic gaming environment powered by AI and blockchain technology.

Pros

• GameGPT integrates AI into gaming, speeding up game development and enabling a creator program that allows more people to build games easily.
• The $DUEL token is used for wagering, in-game purchases, and rewards, creating a clear way for developers and players to earn and spend within the platform.
• It is listed on reputable exchanges like Bitget, which improves liquidity and makes it easier for investors to buy and sell.
• The platform supports multiple game modes and uses smart contracts for secure and transparent transactions.
• GameGPT promotes community participation and innovation, fostering a dynamic gaming environment.
• The project is well-positioned to benefit from the growing gaming and blockchain markets.
• AI-powered tools help developers with smart contract analysis and testing, improving game quality.
• The tokenomics include a total supply of 10 billion tokens and a decentralized autonomous organization (DAO) that influences token value.

Cons

• The price of GameGPT is volatile and can be influenced by market demand, supply changes, and large holders ("whales") affecting price movements.
• The market for GameGPT is relatively small compared to traditional markets, which can lead to bigger price swings.
• GameGPT has experienced recent price declines, underperforming compared to the broader crypto market and similar Ethereum ecosystem tokens.
• Sustaining continuous innovation and growth in the competitive gaming industry is a challenge.
• The token supply increase can cause price decreases if demand does not keep up.
• Regulatory and market conditions can impact the token’s price unpredictably.

Founders of GameGPT

GameGPT was founded by Will Deane and Victor Tan in 2021. They created an AI-driven platform that supports blockchain games and helps game developers build gaming experiences using the token $DUEL.

Investors in GameGPT

GameGPT's known investors include Token Bay Capital. The project has raised funding over one round, with the latest round categorized as "Other Investors." There are no publicly listed institutional or angel investors associated with GameGPT. Additionally, Garrett Jin, a Chinese investor and entrepreneur with experience in finance and crypto, is linked to the project.

Funding and Investment Details

• GameGPT's private token price was $0.0038, and the public price was $0.0043 during its initial offerings.
• The project has attracted investment primarily through private negotiations rather than broad institutional backing.
• The latest funding round occurred on January 12, 2024.

No further specific investor names beyond Token Bay Capital and Garrett Jin are publicly disclosed.

Halal Status of GameGPT

GameGPT is halal if it does not involve or promote activities that are considered haram in Islam, such as gambling, violence, or unethical content. Since GameGPT is a crypto token related to gaming and there is no specific information indicating it involves haram elements, it can be considered halal.

Reasoning

• Game development and programming are generally permissible as long as the content is ethical and does not promote haram activities.
• Crypto tokens themselves are not inherently haram; their permissibility depends on their use and associated activities.
• No direct evidence suggests GameGPT involves prohibited elements.

Answer: Yes, GameGPT is halal based on available information and general Islamic guidelines on gaming and crypto tokens.