GAMA Coin (GAMA)
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About GAMA
GAMA Coin (GAMA) is the native utility token of the GAMA Web3 gaming platform, built on the XDC Network. It powers a decentralized gaming ecosystem where players can participate in games, place bets, and earn rewards. The platform rewards players with GAMA tokens for winning games. Conversely, when players lose, the tokens used in the bet are burned, creating a deflationary supply mechanism. This approach ensures scarcity and adds value to the token. GAMA's gaming ecosystem includes games like Dice Roll, Flip Coin, and Roulette. Players can connect their Web3 wallets to the platform, select a game, and start playing to earn rewards. The platform emphasizes a seamless Web3 experience, integrating cutting-edge technology for secure and transparent gaming.
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Frequently Asked Questions about GAMA Coin
What is GAMA Coin?
GAMA Coin is the native utility token of the GAMA Web3 gaming platform, used for participating in games, placing bets, and earning rewards within the ecosystem.
Where can I buy GAMA tokens?
GAMA tokens can be purchased on decentralized exchanges like XSWAP. Always verify the token's contract address on official sources before trading.
Where can I store GAMA tokens?
GAMA is an XRC-20 token on the XDC Network and can be stored in wallets compatible with the XDC Network, such as XDC Wallet or other Web3 wallets supporting XRC-20 tokens. It can also be stored in MetaMask configured for the XDC Network
How do I add XDC Network to MetaMask?
To add XDC Network to MetaMask, open the networks list, click "Add network" and enter the following details. Network name: XDC Network; RPC URL: https://rpc.xinfin.network; ChainID: 50; Currency symbol: XDC; Block Explorer: https://xdcscan.com/
How does the GAMA platform generate rewards?
The platform rewards players by generating additional token supply, distributed based on game outcomes and player performance. Winning players receive GAMA tokens as rewards.
What happens if a player loses a bet or game?
If a player loses, the GAMA tokens used in the bet are burned, reducing the total supply and potentially increasing the value of remaining tokens.
Can I trade GAMA tokens outside the platform?
Yes, GAMA tokens can be traded on supported decentralized exchanges like XSWAP, providing liquidity and market opportunities for players.
How secure is the GAMA platform?
The GAMA platform leverages the XDC Network's blockchain technology and smart contracts to ensure transparency, security, and fairness in all gaming activities.