Giant Mammoth

<h2 id="header-0">About GMMT</h2><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/63bba3aa79e94010b2530fd92336c776.png" /></p><blockquote>What is the GMMT?</blockquote><p>Giant Mammoth Chain is a platform built on its own blockchain technology based on the Mainnet, and the corresponding chain. The key advantage of Giant Mammoth is its global life platform that combines various services from everyday life with blockchain technology. Users in the Mammoth ecosystem can earn tokens through Project Play-to-Earn (P2E) by participating in daily life and hobby activities (L2E, Life to Earn), available on enjoying shopping and engaging in secondhand transactions with the acquired tokens.</p><p>There are various life-friendly DApps in the GMMT ecosystem.</p><p>(1) WALK:DONI: It is an M2E platform where users can earn profits through exercise using functional shoes and NFTs. </p><p>(2) EDEM: EDEM is an NFT exchange that can be used in all GMMT ecosystems. </p><p>(3) Cokili: Cokili is a used trading and e-commerce platform based on WEB 3.0. </p><p>(4) E-Paradise: It is a blockchain-based webtoon and web novel platform scheduled to open in 2024. </p><p>(5) iVORYSWAP: It is a decentralized exchange (DEX) built on the Giant Mammoth Chain. </p><p>(6) Ganesha: It is a blockchain-based casino that interlocks with cryptocurrency wallets. </p><p>(7) GM Wallet: GM Wallet is a dedicated cryptocurrency wallet for GMMT. </p><p>(8) Game Project M:  a mobile game currently being developed.</p><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/7197dd74abf0430bac0aaa732a1e8ebf.PNG" /></p><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a8218ef98b8d49089ef6d7d4d1cf867b.PNG" /></p><h2 id="header-1">Project progress</h2><h3 id="walk-doni-m2e">WALK:DONI (M2E)</h3><blockquote>About WALK:DONI</blockquote><p>WALK:DONI is an M2E platform that combines functional shoes and NFTs to generate income through exercise. It has developed the world’s first M2E application that combines physical shoes with IoT chips.</p><p>By wearing the dedicated shoes and connecting them to the WALK:DONI NFT and Bluetooth on users’ mobile phones, they can generate rewards based on the number of steps taken, moving distance, calories burned, and more and 10% of the generated rewards are donated to the company’s official sponsorships and places in need of assistance. The shoe NFTs have different abilities and grades, each with its unique characteristics.</p><blockquote>WALK:DONI NFTs</blockquote><p>Grade 5 NFTs provided by the WALK:DONI app (grade by spring color, and the ability and reward amount vary depending on the grade)</p><p>Users can use the WALK:DONI service through NFT purchases, and the WALK:DONI service can also be used through IOT device data mounted on offline shoes. It is possible to easily participate in the blockchain ecosystem through offline shoes.</p><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/56ba6cbcd84f4312acb7ec2441be2929.png" /></p><h3 id=""></h3><h3 id="edem-net-market-place">EDEM (NET Market Place)</h3><blockquote>About EDEM</blockquote><p>EDEM is an NFT marketplace and aggregator.</p><p>EDEM collects and provides statistics such as trading volume, prices, and fees for each marketplace, as well as market-specific liquidity data, enabling users to trade NFTs intelligently without the need to visit and compare multiple marketplaces.</p><p>Additionally, EDEM assists users in purchasing multiple NFTs from various marketplaces in a single transaction. Thus, users can save time visiting and reviewing multiple marketplaces and transaction fees.</p><blockquote>Key Features</blockquote><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/287599aa7f3b491892a2a33c142758f4.png" /></p><h3 id="cokili-s2e">Cokili (S2E)</h3><blockquote>About Cokili</blockquote><p>Cokili is a location-based C2C and B2C trading platform where payments can be made through virtual assets. Cokili uses web3 identity verification and deposit systems to prevent malicious and negative behaviors such as unresponsiveness and false listings.</p><p>Cokili assigns user ratings based on their platform use activity. Sellers are rewarded according to their contribution to the vitalization of the platform, such as the number of transactions and review ratings, and Cokili fees are reduced according to the level.</p><blockquote>Business model B2C</blockquote><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/6c218857c7bd468f87d0a09cd2b76a31.png" /></p><p>In B2C, revenue can be generated through corporate partnerships and advertising, while all transactions can secure profits through transaction commission fees designed in Cokilicontracts.</p><blockquote>Business model C2C</blockquote><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/726c4d0dd6794150bfce11212f1cbd8a.png" /></p><p>User-to-user transactions are conducted on the smart contract, where the buyer deposits virtual assets and once the seller delivers the goods to the buyer, the buyer confirms the purchase, then the seller can receive the deposited funds.</p><h3 id="e-paradise-c2e">E-Paradise (C2E)</h3><blockquote>About E-Paradise</blockquote><p>E-paradise is an innovative platform based on blockchain technology that provides direct interaction and transparency between creators and readers through content such as webtoons and web novels.</p><p>The primary business models include a subscription system, advertising, IP licensing through agreements with creators, and platform usage fees.</p><p>Users can enjoy webtoons and web novels on E-Paradise, while creators can list their own works on the platform.</p><blockquote>Advantages</blockquote><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0a09d4072a4f4f4193dcaba17e2c30a2.png" /></p><p>The settlement structure of existing web 2.0 platforms is not favorable to creators. The double commission charged by the platform and the agency where creator belongs to was burdensome for creators, and uncertain settlement structure is also problematic. In contrast, E-Paradise has a structure where if users pay the platform fee, only a 5% commission fee and gas fees are deducted by the platform, and the rest of the amount goes directly to the creators as revenue. The revenue for creators on traditional platforms was about 30-40% however, E-Paradise can generate 80-90% of revenue.</p><p>This can lead to high creativity and bringing of many talented creators.</p><blockquote>Creator support fund</blockquote><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8141a0fee48f47cfb59b47484254344b.png" /></p><p>We operate a funding (support, support) system for both unknown and famous creators. Creators can organize funding for their creations.</p><p>Users can sponsor the writer they support, and if the sponsorship amount exceeds the hard cap of the funding amount set by the writer, a certain portion of the profits will be shared. This is determined by the amount deposited by sponsors in the fund as a percentage of the fund. If the hard cap is not reached, the funds raised will be refunded to the sponsors.</p><h3 id="ivoryswap-dex">iVORYSWAP (DEX)</h3><blockquote>About iVORYSWAP</blockquote><p>iVORYSWAP is a decentralized exchange (DEX) built on the Giant Mammoth Chain. It provides users with a seamless trading environment with fast transaction speeds and low fees and users can engage in token trading, farming, and staking functions.</p><p>iVORYSWAP uses an Automated Market-Maker model, allowing users to trade on liquidity pools. AMM is a system used in DeFi to facilitate buying and selling orders which utilizes programmed mathematical equations to adjust prices based on supply, ensuring that the asset ratios in liquidity pools remain balanced. By doing so, it automatically matches trades between buyers and sellers, providing ease of transaction execution.</p><blockquote>Yield farming</blockquote><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/14d4c217f4fd454b95370f9b6c157a5d.png" /></p><blockquote>Staking</blockquote><p>Staking is a process in which various new projects built on the Giant Mammoth Chain leverage the accessibility of ivorySwap and its network infrastructure to effectively distribute new tokens from the projects and activate liquidity. The IVY holder has various advantages, including additional revenue from Staking.</p><h3 id="ganesha-blockchain-casino">Ganesha (Blockchain casino)</h3><blockquote>About Ganesha</blockquote><ul><li>The blockchain casino &#34;Ganesh&#34; offers several advantages over traditional online casinos. We provides a higher level of transparency and fairness, as the outcome of each game is determined by an algorithm in a smart contract rather than a centralized server. This eliminates the possibility of manipulation or interference in the game, ensuring a fair and unbiased game.</li><li>It is also highly secure, as all transactions (bettings) are encryptedand unalterable technology reduces the risk of fraud and hacking. Blockchain Casino, which is linked to virtual asset wallets rather than accounts, is an attractive product because Web3 users are sensitive to personal information and asset (taxes).</li><li>The online casino market is expected to have a CAGR of 11.7%, driven by increased user awareness of cryptocurrency, increased disposable income, and reliability of decentralized-based gambling.</li></ul><blockquote>Why Ganesha?</blockquote><ul><li>Directness of cash transfersDirect asset (cash) exchange between users and the platform using non-custodial wallets and own wallets.</li><li>Convenience and fast deposit /withdrawal support Deposit assets to the Dapp to use the service, and simplify transaction authorization by completing a single transaction when withdrawing.</li><li>Security &amp; Abuse Surveillance Casino Game Code is audited by a security company to certify thatassets cannot be stolen, falsified, or manipulated.</li><li>Convenience of payment Using only cash is a high hurdle, implement a choice of payment methods (credit cards, gift cards, cryptocurrencies, in-app payments, discounts for paying on the platform, recognizing cost benefits.</li><li>Generate random numbers (RNG) with smart contracts A demonstrable, fair and verifiable random number generator (RNG) that uses &#34;Chian Link&#39;s Verifiable Random Function (VRF) model to allow access to arbitrary values without compromising security or usefulness. Disclosure of all source codes eliminates the risk of random number manipulation.</li></ul><h3 id="gm-wallet">GM Wallet</h3><blockquote>About GM Wallet</blockquote><p>GM Wallet is a secure blockchain asset management solution available on the GMMT Chain. GM Wallet includes NFT management, virtual asset management, and DeFi functionalities. It serves as a GMMT Chain wallet service that connects to GMMT Chain Dapps (NFT, P2E, M2E, etc.) and manages virtual assets with just a tap.</p><p>GM Wallet provides a user-friendly interface that allows users to conveniently check the real-time prices of their virtual assets and easily deposit or withdraw tokens which optimizes blockchain asset management.</p><blockquote>Function</blockquote><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9edbfe6bad4c4fd7a300595b32bf6c85.png" /></p><blockquote>Why GM Wallet?</blockquote><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/91339f53e9ae4039be6689b7659f9b02.png" /></p><h3 id="game-project-m">Game Project M</h3><blockquote>About Game Project M</blockquote><p>A chunk of evil thought is dropped from space onto the continent by evil-worshipping pagans. Creatures affected by it are turned into demons, and countless races begin to die. Screams and wails begin to echo throughout the land as the entire continent is tainted with evil. In response, the mighty rise from all corners of the world to slay the demons.</p><p>Meanwhile, news reaches the protagonist, who has been training under a great master. The master tasks the protagonist with sealing a mass of thought for the greater good. The protagonist sets out to defeat the demons and seal the thought ball.</p><blockquote>Game conceps</blockquote><ul><li>Basic designSD characters with 2D graphics (e.g. survivor.io)</li><li>Character Concept Main character: animal &#43; Taoist concept Cute animal characters concept that both Asia and Western can relate to. Taoist characters, familiar to Asian and novel to Western. Other Characters: Designed with a variety of Cute animal characters.</li><li>Monster ConceptCute and funny concepts that don&#39;t feel gross or cruel, but rather cute and funny. Different monster designs to match the theme of the map.</li></ul><h3 id="roadmap">Roadmap</h3><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/448a8963640040fc92cc53c80def4465.PNG" /></p>

Giant Mammoth Progress Report - June 2023

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