Being a pioneer in the web3 gaming space, SRCGAME offers new perspectives to a constantly developing market. They want to change how games are made, played, and how people make money from them.  SRCGAME has developed a whole new gaming experience through the use of Bitcoin, blockchain technology, and the Src20 standard.

Players who use SRCGAME own the things they win in the game. You can also import your old, beloved games into this new system. Also, they feature a "Challenge & Earn" system where you can take part and win prizes.

Overview of SRCGAME's Core Concepts

Everyone can express their opinions in the gaming world that SRCGAME is building. Through the use of unique technology known as NFTs, gamers can really own the items they win in games. Much has changed from the past, including the ability to transport these items between other games.

With SRCGAME, game developers also benefit. They are able to monetize this system by adding their games.

Bitcoin and the Src20 standard are used by SRCGAME. This maintains transparency, safety, and justice for everybody. It means that decisions about how things should operate are made jointly by the developers of the game and the players. To improve gaming for all players, collaboration is key!

SRCGAME Tokenomics Overview

The native token of SRCGAME, SGM, is at the heart of the token system. This token functions on the Bitcoin network and obeys to the Src20 standard. SGM is essential for a number of platform functions, like as. 

• In-game purchases
• Peer-to-peer payments
• Participation in e-sports events

There are 600,000,000 SGM tokens in total, and they are essential to the SRCGAME platform's activities.

SGM Token Use Cases

Everything within the SRCGAME ecosystem is valued at SGM tokens. Developers and gamers alike can profit from them. Observe how they're used for now. 

• In-Game Currenty: When playing SRCGAME, SGM is your chosen currency. Pay other players with it, purchase and sell in-game goods, and participate in e-sports competitions.
• Reward for Success: Gain SGM by participating in duels and competitions. With cryptocurrency rewards up for grabs, the "Challenge & Earn" concept allows you to compete against other players in 1v1 matches or larger tournaments.
• Exclusive Perks: Holding SGM makes specific benefits available. Get priority entrance into tournaments, early access to new games, and dicounts. There's always a reason to join in since the platform frequently provides special discounts and promotions exclusive for SGM holders.

Duels and Tournaments

SGM tokens are used by SRCGAME in tournaments and duels where players fight for prizes. To participate, participants must have SGM tokens in a wallet that supports Src20. This is how it operates. 

• Platform charge: The winner receives 90% of the total prize money after a 10% charge is deducted.
• Duels: In 1v1 matches, players challenge each other. In SGM, each player must pay an admission fee, which increases the total prize money.
• Tournaments: These involve multiple players. The prize pools have the same structure with fees and awards in SGM, and entry fees are paid in SGM.

Partnerships and Collaborations: Expanding the SRCGAME Ecosystem

SRCGAME is collaborating with other companies to expand its network. These collaborations enable SRCGAME to expand its player base globally, introduce new features to its platform, and provide other avenues for prize earning. Two major partnerships are with CDMStamp and Tonka Games. Every one of these businesses offers something unique to SRCGAME.

Partnership with Tonka Games

Together, Tonka Games and SRCGAME will develop a minigame platform where users can enjoy themselves and win prizes. With lotteries, profit-sharing, and opportunities to increase your earnings by staking your tokens, they want to create a gaming community.

These are some amazing aspects of this collaboration. 

• Lots of mini-games: You will have access to a wide variety of games, like Checkers and Backgammon, which you can play with friends or alone.
• Ways to earn: You can take part in the platform's earnings, win prizes in lotteries, and stake your tokens to increase your earnings.
• Big tournaments: Be ready for intense competitions such as leaderboard challenges and marble runs.
• Early access: To give you a taste of what's to come, they will be holding some early competitions on platforms such as Telegram.
• Transparency: To ensure that everyone has an equal opportunity, they are dedicated to being forthright and honest about how the platform operates.

Partnership with CDMStamp

To create more of an impact in Asia, SRCGAME and CDMStamp are collaborating. In Hong Kong, they have even created a new office together! For SRCGAME, this is a big milestone in their global expansion strategy. This collaboration entails the following. 

• New office in Hong Kong: With this location serving as SRCGAME's principal headquarters in Asia, they will be able to grow in the huge gaming market.
• Going global: By collaborating with CDMStamp, SRCGAME shows its commitment to global expansion.
• Connecting with more players: SRCGAME can now connect with even more games from a wider range of backgrounds because of its increased presence in Asia.
• Future plans: This is only the beginning! To reach even more gamers, SRCGAME plans to build other offices globally.

Migration to the Polygon Network

The SGM tokens of SRCGAME are being transferred from the Src20 network to the Polygon network. Here are the benefits of this adjustment for users. 

• Faster transactions
• Lower fees
• Easier trading on popular exchanges like Uniswap

Here's how to make the switch. 

• Move your tokens: Move your SGM tokens to Polygon from Src20.
• Use the bridge: Use the bridge: SRCGAME provides a basic utility to facilitate the easy movement of your tokens.
• Trade on Uniswap: You can swap your tokens on Uniswap after they are on Polygon.
• Enjoy lower fees: Polygon costs are typically about $0.05 per transaction, which is far less than Src20 fees.
• Faster exchange listing: With Polygon, being listed on exchanges is quicker and simpler —  it typically takes 1-3 working days.

Also, SRCGAME has created a video lesson that will guide you through every stage of the procedure.

Watch the video guide here

Future Prospects: Staking and Exchange Listings

Future staking chances and exchange expansion are among the new features and user accessibility initiatives that SRCGAME is working on. More opportunities for users to participate in the platform's token economy and receive incentives are the goal. First, let's discuss staking. 

Staking

Soon, SRCGAME will offer a staking option that will let customers lock their SGM coins and progressively gain advantages. Apart from aiding in platform stabilization, this effort motivates users to hold onto their tokens.

Here are the key points about Staking. 

• Earn Rewards: Receive benefits by simply retaining and staking your SGM tokens.
• Choose Your Plan: To suit your preferences, choose from a variety of staking times and reward alternatives.
• How Rewards Work: The amount of tokens you stake and the length of time you keep them locked determine the payouts.

Exchange Listings

SRCGAME is working to increase the number of exchanges that accept its SGM tokens. This facilitates the buying, selling, and trading of SGM, increasing the token's value and use. There are two large listings on AscendEx and SuperEx.

SuperEx Exchange Listing

For SRCGAME, being listed on SuperEx is a major milestone. It implies that more people can join the SRCGAME community and trade SGM with ease.

Here’s some info of the SuperEx Listing. 

• Listing Announcement: June 11th, 2024
• Deposits Open: June 11th, 2024, at 10:00 AM UTC
• Telegram AMA: Join the AMA on June 11th and get a chance to win a share of $200 in SGM tokens!
• Twitter airdrop: Retweet the announcement for a chance to win $200 in SGM tokens!
• Trading competition: Trade SGM on SuperEx between June 12th and June 19th and compete for a total prize pool of $600 in SGM tokens!

Trade SGM on SuperEx here

AscendEx Exchange Listing

AscendEx is now a second platform for trading SGM tokens, helping with the expansion of SRCGAME within the blockchain gaming industry. This listing facilitates more people's access to SGM tokens and makes buying and selling them simpler. This is AscendEx's most recent release. 

• Staking Programs: On AscendEx, you can stake your SGM tokens to gain incentives.
• Exclusive Events: For more opportunities to win prizes, keep an eye out for tournaments, raffles, and other unique promotions on the exchange.
• Expanding Ecosystem: AscendEx's lively blockchain network now includes SGM tokens, allowing you to interact with additional SGM token holders.

Trade SGM on AscendEx here

Conclusion

With the formation of important alliances, the switch to the Polygon network, and the addition of SGM token staking and trade possibilities, SRCGAME is making strides in the blockchain gaming space. With these actions, SRCGAME shows its commitment to expanding internationally, giving players and developers additional opportunities, and taking the lead in blockchain gaming.

With its expanding user base, SRCGAME plans to provide more exciting features and experiences as it builds on its success.

Author Bio: RMZ, a renowned crypto researcher and journalist, contributes to top publications like Binance, CoinDesk, Cointelegraph, and Decrypt, covering cutting-edge topics on Bitcoin, blockchain, and the crypto industry. Connect on X (Formerly Twitter) or Telegram @inscriptioner  for insightful updates or you can directly email him.