Gamic

Gamic

Decentralized messaging platform for people and communities looking to engage with Web3 products and services.

HQ location
Grim Damchoba, Nigeria
Website
Launch date
Employees
Enterprise value
$7—11m
More about Gamic
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Gamic is a startup that operates in the NFT (Non-Fungible Token) gaming sector, primarily targeting gamers and game developers. The company offers a platform where users can access a wide variety of NFT games, which are digital games that use blockchain technology to verify ownership of in-game assets. Gamic's primary market is Africa, with a significant focus on Nigeria, where it aims to provide an alternative source of income for gamers and developers alike.

The business model of Gamic revolves around the concept of "Play-to-Earn." This means that players can earn real money by playing games available on the platform. The company generates revenue through various streams, including transaction fees from the sale and purchase of NFTs within the games, commissions from game developers who list their games on the platform, and potentially through partnerships and sponsorships.

Gamic serves two main types of clients: gamers and game developers. For gamers, the platform offers an opportunity to earn money by playing games, making it particularly appealing in regions with high unemployment rates. For game developers, Gamic provides a marketplace to showcase their games and reach a broader audience, while also offering an additional revenue stream through the sale of NFTs.

The company also acts as an incubator, helping new game developers to launch their games and grow within the ecosystem. This not only enriches the platform's game catalogue but also fosters innovation and creativity in the NFT gaming space.

In summary, Gamic is revolutionizing the gaming industry in Africa by combining blockchain technology with gaming, offering financial opportunities for both gamers and developers.

Keywords: NFT gaming, Play-to-Earn, blockchain, Africa, Nigeria, game developers, revenue, marketplace, incubator, digital assets.

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