What is Gamium (GMM)?

The metaverse is constantly expanding and part of that expansion is thanks to the Gamium project, a development that is focused on building a unique metaverse powered by the GMM and MST tokens, and that so far has captured the attention of a large community. who seeks to make it his home in the metaverse.

Project beginnings

Ehe project was created by Alberto Rosas García, a well-known Software Engineer and Blockchain Developer, born in Barcelona, ​​Spain. His idea is to unite the potential of Web3, the construction of social networks and the metaverse, to build what he calls "Decentralized Social Metaverse (Decentralized Social Metaverse.)" For this, Alberto began developing Gamium in mid-2021. using the resources of his company, Gamium Corp, which was created in September 2021.

With a small development team, Rosas began working on the bases of this project that came to light in April 2022, thanks to a successful financing phase in which he managed to raise more than 2,2 million dollars. The initial launch of Gamium as a Web3 project began with the deployment of the smart contracts for its GMM utility and governance token.

Together with this launch, the Gamium universe would begin to be developed, with a dApp to explore your world made up of NFTs, in addition to an application to encourage utility of the GMM token through staking. With this, the first circle of development of Gamium is closed, the project was officially launched and presented to the world its proposal on the construction of the metaverse.

How does Gamium work?

The operation of Gamium is centered on the construction of virtual avatars that allow us to explore the metaverse that Gamium has to show us. The avatar is actually a digital representation of our person in the form of an NFT, with which we can not only interact within the Gamium metaverse, but also outside of it. This is possible because Gamium's avatars are capable of serving as SSI (Self-Sovereign Identity) for the Web3 and Web2 world, all thanks to the well-known Avatar SDK.

The Avatar SDK is the central tool, not only for the construction of our avatar in Web3, allowing us to create the avatar, modify it, give it personality and manage all the data and interaction of it in said space. In addition, the Avatar SDK helps us to create bridges that allow us to use said avatar or its information in other blockchains (via bridging) or in Web2. In the end, the Avatar SDK will allow developers and users to enjoy enormous creative freedom to generate unique and highly customizable avatars, but it will also serve to almost directly connect the Web2 and Web3 world.

Thus, for example, we can use the information from Gamium to generate a unique avatar that will allow us to log in securely and decentralized with Web3 or Web2 services, having control of our data in all of them, since the avatar information is stored on -chain and in our wallet and it is for this reason that no one else has control over it. Of course, these are features that are still under development according to the Gamium roadmap. In fact, the public launch of Gamium World, Gamium's 3D space, will be officially made public in 2023, at a date yet to be determined.

Governance within Gamium

However, this same Roadmap shows us that we are already able to participate in the governance of Gamium. This is possible thanks to the launch of the GMM token and the respective DAO for said capacity, which we can access through this link. Governance is possible thanks to a Snapshot, which allows us to participate in the discussion and presentation of proposals, which are voted according to our level of staking of GMM tokens. The proposals can be presented openly by the community and with this the well-known Gamium Improvements Proposals or GIPs are created, four of which are already deployed in the project.

Tokenomics

The tokenomics of the project rest on a series of very clear pillars that are:

1. The ability of users to transfer value within the metaverse.
2. Freedom to manage your digital assets
3. Ability to generate incentives through Socialize-to-Earn (StE).

The main tokenomics of the project applies to the GMM token, which was launched as a utility and governance token with a total issuance of 50 billion, of which 12 billion are already in circulation. Likewise, a vesting system is applied for a series of successive releases of tokens for different uses within the project. However, the Gamium tokenomics was updated on September 26, 2022, with the aim of delaying the vesting of the Team and Advisor groups, in order to give the token a chance to settle. With this, the new GMM tokenomics would be as described in the following images:

Gamium World, the 3D metaverse

The Gamium World is the name with which the Gamium project announces the construction of its 3D metaverse. The idea is to turn this space into a much more advanced and modern equivalent of what we can see, for example, in centralized metaverses like Second Life. The development of all this functionality is something that is happening at the moment, but the Gamium team progressively updates several exhibits to see their work and its scope. This is something we can do from their showcase website (showing us the best parts and videos of this metaverse).

But also, we can see them active in their explorador.

This world is made up of four large zones which are:

1. Sat, the oldest sector of Gamium. It is formed by a group of beautiful islands of different sizes, which stand out for being very rich in Satite, a precious magical mineral in Gamium. Its architectural design facilitates a balanced lifestyle for its local avatars, who have always been characterized as avid merchants since time immemorial. For this reason, in Sat, you can find many shops and places to enjoy with friends. You can also find secluded places to find inspiration and peace.
2. Ilios, the most mystical sector of Gamium and which stands out for being an amazing spectacle of shapes and colors. Its architectural design facilitates the creativity and innovation of its local avatars, known to be quirky souls with crazy ideas. Therefore, Ilios is the best place to find inspiration and let your imagination run wild.
3. Pantera, is the most partying sector of Gamium, which stands out for its beautiful mix of shapes, colors and emotions. Its architectural design facilitates the celebration of its local Avatars, known to be the best hosts in Gamium. Avatars from all over the world of Gamium visit Pantera to have fun and make new friends.
4. Sena, is the wildest neighborhood of Gamium, which stands out for its beautiful forests. Its architectural design facilitates contact with nature and the creation of alternative art for its local Avatars, known to be experts on plants and animals. Sena's unique natural charm makes many Avatars consider it a place of worship for the Gods of Nature.

Each area not only has its own peculiarities, but also has elements that will be part of the gamification of the metaverse, forming part of the Social-to-Earn scheme promoted by Gamium. With all this, Gamium seeks to make a metaverse where you can:

1. Navigate in a metaverse without borders.
2. Own land and buildings to create and build unique experiences within them.
3. Create a community with its own government and economy
4. Interact with any existing application thanks to the Avatar SDK.
5. Access exclusive events within the Gamium metaverse.
6. Go shopping or earn money through virtual jobs.

Conclusions

Gamium is a project under construction with a promising vision and goals. Its developers put a lot of effort into making Gamium a 3D construction that can be enjoyed and that offers a wide variety of elements that allow the design of unique experiences within its metaverse. Undoubtedly, it is a huge job that is directly confronted with large-scale projects such as Decentraland and The Sandbox, the giants of the blockchain metaverses, but which are not built to offer what Gamium seeks to offer us: the generation of an avatar in the metaverse that not only identifies you in said space, but at the same time you can use it in any digital space without major complications.

With a goal like that and with a development that continues to advance, we will surely see much more of Gamium in the future, leaving us with a 2023 with many surprises related to this project.