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Gaming Stars news
About Gaming Stars
What is Gaming Stars?
Gaming Stars is a Berlin-based gaming app/website that allows users to compete in the most popular console, PC and mobile games worldwide for fiat and cryptocurrency.
There are three game modes at Gaming Stars: classic 1vs1 matches, tournaments with up to 16 participants and a worldwide unique game mode called Skill Challenges that applies the concept of sports betting to video gaming for the first time ever.
At Skill Challenges, gamers can place bets on their own gameplay, like killing X opponents and finishing in the top 10 in Fortnite or Warzone. Our AI calculates for each gamer the probability and determines betting odds based on hundreds of variables. This way, gamers can play their favorite games "against the house".
Who is the team behind Gaming Stars?
Gaming Stars was able to attract a few known German business angels, such as the former founder of DefShop (exit of 70 million Euro in 2017) and the founder of MILES, the leading German carsharing provider. Moreover, it raised 1 million Euro in two crowdfunding campaigns. The team consists of more than 20 members with a long background in cryptocurrency and gaming.
What makes Gaming Stars unique?
Gaming Stars applies the concept of sports betting to video gaming with a totally new game mode. This way, gamers can earn real money and crypto by competing with others and turn their skills into real profit. While the majority of eSports startups addresses the pro team, Gaming Stars targets the other 99% of worldwide gamers and aims to become for video gaming what PokerStars is for Poker.
What is Gaming Stars?
Gaming Stars emerges as a dynamic platform within the intersection of gaming and cryptocurrency, offering a novel approach for gamers around the world to monetize their skills in popular video games. This Berlin-based initiative extends beyond traditional gaming by integrating fiat and cryptocurrency rewards, catering to a broad audience of console, PC, and mobile gamers.
The platform is distinguished by its diverse gaming modes, which include 1vs1 matches, tournaments accommodating up to 16 participants, and a pioneering mode known as Skill Challenges. Skill Challenges introduce a unique twist by allowing gamers to wager on their own performance in games, such as achieving a certain number of kills or securing a top position in competitive titles. An advanced AI system assesses each player's probability of winning, setting betting odds based on a comprehensive analysis of numerous variables. This model essentially allows players to compete "against the house," transforming their gaming prowess into potential earnings.
Behind Gaming Stars is a team of over 20 professionals with extensive experience in both the cryptocurrency and gaming sectors. The project has garnered support from notable German business figures, including entrepreneurs with successful exits and founders of leading companies in the carsharing industry. This backing has facilitated the platform's development, highlighted by successful crowdfunding campaigns that raised 1 million Euro.
What sets Gaming Stars apart is its innovative application of sports betting principles to video gaming, enabling gamers to earn from their gaming skills in a manner previously unexplored. This approach aims to democratize the earning potential within the gaming community, targeting the vast majority of gamers rather than focusing solely on professional eSports teams. Through this, Gaming Stars aspires to become a cornerstone in the gaming industry, akin to how other platforms have become synonymous with poker, by providing a lucrative and engaging platform for gamers worldwide.
How is Gaming Stars secured?
Gaming Stars implements a multifaceted security approach to safeguard its platform and users' assets. The core of its security measures revolves around the utilization of a proprietary token system. This system not only facilitates gameplay and transactions within the platform but also incorporates advanced cryptographic techniques to ensure the integrity and security of transactions.
Firstly, the token system enables secure and transparent transactions. By leveraging blockchain technology, each transaction on the Gaming Stars platform is recorded on a decentralized ledger, ensuring that all transfers of tokens are immutable and traceable. This transparency helps in preventing fraud and unauthorized transactions, providing a layer of security for users' assets.
Moreover, the use of tokens for staking, payments, and access to premium features incorporates smart contracts. These are self-executing contracts with the terms of the agreement directly written into code. Smart contracts automate and enforce the execution of contract terms, reducing the risk of manual errors or manipulation. This automation ensures that transactions and activities within the platform are conducted according to predefined rules, further enhancing security.
Additionally, the platform's unique application of AI in the Skill Challenges game mode contributes to its security measures. The AI analyzes hundreds of variables to calculate probabilities and determine betting odds, ensuring fair play and preventing exploitation of the system. This use of AI not only enhances the gaming experience but also acts as a deterrent against fraudulent activities.
The team behind Gaming Stars, with their extensive background in cryptocurrency and gaming, brings a wealth of knowledge and expertise in implementing robust security protocols. Their experience is crucial in identifying potential security threats and developing strategies to mitigate these risks.
In summary, Gaming Stars secures its platform and users' assets through a combination of blockchain technology, smart contracts, AI-driven analytics, and the expertise of its team. These measures collectively create a secure and trustworthy environment for gamers to enjoy and compete in their favorite games.
How will Gaming Stars be used?
Gaming Stars introduces a novel approach to the gaming and cryptocurrency intersection, catering to a broad audience of gamers who seek to monetize their skills and passion for video games. This platform leverages blockchain technology to provide a secure and transparent environment for gamers to compete for real money and cryptocurrency rewards.
The core functionality of Gaming Stars revolves around its competitive gaming offerings, which include 1vs1 matches, tournaments, and the innovative Skill Challenges mode. In 1vs1 matches and tournaments, players can compete directly against each other in popular console, PC, and mobile games, with the victor earning rewards. The Skill Challenges mode, however, distinguishes Gaming Stars by allowing players to bet on their own performance in games, such as achieving a certain number of kills or finishing within the top ranks in a match. This mode operates similarly to sports betting but is applied to individual gaming performance, with odds calculated by an AI based on a multitude of variables.
The platform's use of "Stars" as a form of payment facilitates the exchange of value within the ecosystem. Players can earn Stars through their gaming victories or successful bets in Skill Challenges and can use these Stars to enter more competitions, bet on their gameplay, or potentially exchange them for fiat or other cryptocurrencies. This creates a dynamic economy where players' gaming skills can directly translate to earning potential.
Behind Gaming Stars is a team with a strong background in both the gaming and cryptocurrency sectors, supported by notable investors from the German business scene. This combination of expertise and financial backing positions Gaming Stars to innovate within the gaming industry, offering a unique value proposition to the vast majority of gamers who are not professional eSports athletes but still seek to gain from their gaming abilities.
In essence, Gaming Stars aims to democratize the earning potential within the gaming industry, allowing everyday gamers to compete, bet on their skills, and earn rewards in a secure, blockchain-powered platform. It's important for users to conduct thorough research and understand the risks involved before participating in any form of betting or competition for monetary rewards.
What key events have there been for Gaming Stars?
Gaming Stars has experienced several pivotal moments that have significantly shaped its trajectory within the gaming and cryptocurrency sectors. A notable development has been the enhanced integration of Non-Fungible Tokens (NFTs) into its gaming ecosystem. This move aligns with the broader NFT explosion observed in 2021, highlighting Gaming Stars' commitment to leveraging cutting-edge technology to enhance user experience and engagement.
Another key event was the leak of development footage for the sequel to a major video game, which has been eagerly anticipated by the gaming community. This incident underscores Gaming Stars' connection to high-profile projects and its potential influence on the gaming industry's future.
The project's development team is another critical asset, comprising veterans with a wealth of experience in AAA game development. Their collective resume includes work on over 130 published titles, collaborating with some of the largest intellectual properties and publishers in the world. This depth of experience is a testament to the project's technical and creative capabilities.
From a strategic standpoint, Gaming Stars has successfully forged partnerships with influential figures and platforms within the gaming and cryptocurrency spaces. These collaborations are instrumental in expanding its reach and solidifying its position in the market.
Gaming Stars distinguishes itself by introducing innovative game modes that blend the excitement of video gaming with the thrill of sports betting. This unique approach allows gamers to monetize their skills in a novel way, catering to a broad audience beyond professional eSports teams.
The project's ability to attract significant investment and support from well-known business figures further validates its potential and the confidence stakeholders have in its vision and leadership.
In summary, Gaming Stars has marked its journey with strategic technological integrations, high-profile associations, and innovative gameplay concepts, backed by a seasoned team and strong investor confidence. These elements collectively underscore its ambition to redefine gaming and betting experiences in the digital age.
Popular Tokens on the BNB Smart Chain (BEP20) Chain
The live Gaming Stars price today is $0.002404 USD with a 24-hour trading volume of $239,350 USD. We update our GAMES to USD price in real-time. Gaming Stars is up 10.15% in the last 24 hours. The current CoinMarketCap ranking is #3409, with a live market cap of not available. The circulating supply is not available and a max. supply of 102,000,000 GAMES coins.
If you would like to know where to buy Gaming Stars at the current rate, the top cryptocurrency exchange for trading in Gaming Stars stock is currently MEXC. You can find others listed on our crypto exchanges page.