GAUNTLET ESPORTS - THE FLAWLESS ONLINE GAMING PLATFORM POWERED BY BLOCKCHAIN

Overtime, gaming has always been a pleasurable experience around the globe, especially for the younger generation. Lots of individuals engage themselves in online games mostly for fun, leisure or relaxation.

The gaming industry has also experienced a meteoric rise in output since introducing the blockchain into the system. It has since attracted more participants and provided better game experiences for its users.

With the inception of the blockchain technology which has given rise to the utilisation of cryptocurrency(virtual money that doesn't have a physical body and is built on the basis of blockchain technology) around the globe, game lovers do not desire to play just for fun and relaxation anymore, there is a dire need for a platform where gamers can play,have fun, relax and also benefit optimally by receiving cryptocurrencies as payment.

INTRODUCING THE GAUNTLET ESPORTS GAMING PLATFORM

Gauntlet Esports is a project developed on the basis of cryptocurrency designed to provide amazing gaming experiences for the gaming and cryptocurrency enthusiasts around the world. Gauntlet Esports intend to become one of the very first PoS crypto coins to establish and employ the cryptocurrency concept into gaming as a reward system both for Esports teams and other competitive events within the system.

The objective of this substrate is to make provisions for giveaway promotions which includes giving away games, Xbox live, netflix and PlayStation gift cards to members of the public who participate in the project.

This platform also intends to give out the latest AAA titles strictly for those who can confirm their purchase of a good number of the GAU token, for one to be eligible to the previously mentioned asset,the minimum number of tokens to be purchased and verified is 10,000 GAU coins.

The Gauntlet platform presents an opportunity for individuals who deal on personal computers,and ventures who run online game stores for an amazing partnership that will see users of this platform benefit optimally from purchasing video games, consoles,computers and other necessary accessories.

Furthermore, this innovative gaming platform intends to establish a marketplace in the future where users can purchase whatever merchandise,rare game items and other accessories to its users.

Plans have also been put in place for wallet extensions. This is to facilitate the allocation of the GAU coins to users as reward for their play time on the platform, by implication, users do not only enjoy playing their favorite online games, but also stand to earn crypto coins while doing so. Amazing isn't it?

However, for the above stated objectives to be met, it requires funding. The Gauntlet Esports just like every other project requires funding in order to reach their goals within a realistic time frame.The question now is, how do they intend to amass enough finance to advance and drive its adoption?

TOKEN SALES(Round 1)

The Gauntlet Esports desire to hold two rounds of their token sales in order to amass the needed fund to realise its exciting goals.

In the first round, the platform focused more on selling masternodes.The total worth of each GAU coin will be 400 SATs and 50 Battle nodes will be put up for sale at 0.02btc. The idea is to make a total sale of GAU coins worth 1btc if sales is completed for the 50 Battle Nodes.

TOKEN SALES(Round 2)

This is the IEO (Initial Exchange Offering) stage of the token sales. The intention is to sell a total of 5 million coins out of the 6 million that will be in circulation with the cost of each coin will be fixed at 1000 SATs.

GAU TOKEN DESCRIPTION.

Every cryptocurrency based platform is characterized by a native digital token uniquely designed to facilitate its operations generally. For the Gauntlet Esports platform, the GAU token is the substrate's PoS cryptocurrency expertly designed for the community as a reward,purchase and masternode coin. This implies that holders of this token can further generate the GAU tokens through the Proof of Stake block reward algorithm.

TOKEN SPECIFICATIONS

Coin Name:Gauntlet Coin

Ticker: GAU

Algorithm: Quark

Reward Model: PoS

Premine: 6Million Gau

Block Time: 1 Minute

Block Per Day: 1440

Block Reward: 5 GAU

RPC Port: 21 33 5

Masternode Reward Per Block: 2.5 GAU

Pos Reward Reward Per Block: 2.5 GAU

Blocks Per Day: 1440

GAU utilizes the randomization approach to predict block rewards, a formula that searches for the minimum hash value and in combination with the size of stake,the rationale for this approach is to eliminate monopoly and centralization of rewards by participants who possess large numbers of purchased tokens. Masternodes are also allowed to stake their coins to accumulate more income through server decentralization. Another interesting aspect of the GAU coin is its PoS structure that is quite energy efficient unlike the PoW that is ridden with wastefulness of energy.

CONCLUSION

The Gauntlet Esports is the one stop for every individual who loves online gaming and is enthusiastic about the use of cryptocurrency. It is well equipped to provide participants with gaming experiences that are not only fun filled but also rewarding by integrating cryptocurrency as a method of payment for game time, this way users can earn crypto coins while playing their favorite games.

Learn more by visiting;

Website: https://gauntletesport.com
Whitepaper: https://gauntletesport.com/docs/GauntletWP.pdf
Twitter: https://twitter.com/gauntletesport
Facebook: https://www.facebook.com/gauntletesport
Bitcointalk: https://bitcointalk.org/index.php?topic=5254836
Telegram: https://t.me/gauntletesports

Author: godrace01

“A sponsored article written for a bounty reward.”