Introducing GS Pay By GameSwift: Turning Virtual Treasures Into Tangible Rewards For Gamers

Enter the future of Web3 Gaming payments: Introducing GS Pay!

As the gaming industry booms and the lines blur between reality and virtual worlds, gaming should go beyond entertainment. Our mission is to empower gamers to use their hard-earned digital items as currency for everyday expenses like shopping and bills.

Say hello to GS Pay - the ultimate payment system and a card that lets you seamlessly monetize your in-game treasures.

One card, multiple new possibilities for web3 gaming.

Key takeaways:

🆙 Mission: GS Pay is an innovative web3 payment system and card that empowers gamers to use their hard-earned digital items as currency for everyday expenses in both the web2 and web3 worlds.

🛍️ One-stop-shop payment experience: The system offers various services, including ordering a payment card, making in-game purchases, and utilizing both off-ramp and on-ramp gateways.

No blockchain knowledge required: At the core of GS Pay is exclusive technology that handles all technical aspects, such as gas fees and bridging assets to exchanges or marketplaces.

🛠 State-of-the-art technology: GS Pay utilizes zero-knowledge proof technology during off-ramping to ensure private and secure conversion of crypto assets to fiat.

💰 A unified currency: GS Pay is powered by G-BUCKS, a unified premium currency for games and applications on the GameSwift Platform.

📈 Extra benefits: GS Pay offers additional benefits, such as higher staking rewards, bonus AI Yield, airdrop multiplier, discounts, cashback, and exclusive deals. The more $GSWIFT you lock, the more benefits you can enjoy.

Unlock A World Where Gaming Fuels Your Real-Life Purchases

With GS Pay, we aim to bridge the gap between the gaming world and the real world, making it easier for gamers to embrace and enjoy their passion for gaming.

GS Pay is a system designed for seamless integration with the GameSwift Platform. Its purpose is to streamline placing and withdrawing funds to and from users' accounts. This versatile system offers various services, such as ordering a payment card, making in-game purchases, and utilizing both off-ramp and on-ramp gateways.

It’s powered by G-BUCKS, a unified premium currency for games and applications on the GameSwift Platform.

Bridging the gap between web2 and web3, GS Pay lets you effortlessly pay for anything you desire - a web3 gaming asset or a web2 dinner with friends.

The Benefits of GS Pay

Besides offering a new unique payment experience for web3 gamers, GS Pay offers additional benefits for its users and the $GSWIFT token stakers.

In Alpha Mainnet:

  • Earn higher staking rewards (bigger APY)

  • Earn AI Yield Bonus powered by GS-Force AI

  • Receive multiplied airdrops

  • Enjoy discounts on G-BUCKS

  • Receive G-BUCKS cashback

  • Get early access to exclusive deals (e.g., seed round sales)

In Mainnet stage:

  • Unlock a special crypto payment card for seamless payments

  • Earn cashback on all your debit card purchases

  • Achieve up to 10% on stablecoins through the partner RWA protocol

Currently, tiers refer to a distinct GameSwift Card visualization and offer a discount when purchasing G-BUCKS. In later stages, the user's Tier will be utilized in various areas on the Platform.

What is the Technology Behind GS Pay?

At the heart of GS Pay lies our exclusive technology that allows gamers to monetize and cash out their in-game assets easily. Our user-friendly dashboard presents these in-game digital assets (NFTs or standard tokens) to gamers as part of their game inventory, complete with information about each item's value.

In the Mainnet stage, with just a single click, gamers will be able to convert their assets into dollars on their GS Pay card.

In the background, our technology covers all the technical aspects, including covering gas fees and bridging the assets to exchanges or marketplaces for conversion. These fees are deducted from the final amount transferred to your card.

Additionally, we employ zero-knowledge-proof technology during the off-ramping, ensuring that converting crypto assets to fiat is private and secure. This means that while financial institutions can process the transaction based on proof of ownership of the specific token, they do not have access to your wallet address or on-chain history.

With GS Pay, you can conveniently place funds on your account using traditional methods like bank transfers, online payment services, or blockchain technology through crypto wallets.

You can also withdraw your earnings in various ways, including transferring funds to your bank accounts or using a GS Pay payment card.

In addition to these standard payment options, GS Pay enables users to make purchases within games, virtual items, or other features. This lets gamers quickly pay for the content they want without leaving the platform or switching between different payment providers.

GS Pay is a Comprehensive Payment System Designed for Gamers

GS Pay offers a seamless and convenient experience for both FIAT and Crypto users, whether they need to withdraw earnings, make in-game purchases, or transfer funds between different systems. The GS Pay system comprises two key components:

  1. GameSwift Wallet

  2. GameSwift Card

    Users can assign a wallet to their account, allowing them to lock up $GSWIFT tokens on the gswift.community website. Users will be assigned a specific Tier with additional benefits depending on the number of tokens blocked.

The more $GSWIFT you lock, the more benefits you get!

For example, you must have 10k tokens to select the silver tier. However, to maximize the benefits power, you can lock a more significant amount, such as 15k tokens. Just take a look at the examples below!

Example I:

John locks 10k $GSWIFT in the Silver Tier. He gets an additional +20% airdrop multiplier. When the distribution comes, he will get a pro-rata airdrop based on his total GS Pay score (10 000 $GSWIFT x 1.20 multiplier = 12 000 GS Pay score).

Example II:

John locks 100k $GSWIFT in the Gold Tier. He gets an additional +30% airdrop multiplier. When the distribution comes, he will get a pro-rata airdrop based on his total GS Pay score (100 000 GSWIFT x 1.30 multiplier = 130 000 GS Pay score).

Important Dates and Details

Dates:

Dec 20 - Access only for Whitelisted users (Multiverse NFT holders, snapshot dates: Dec 16, 4 pm UTC and Dec 19, 4 pm UTC)

Dec 21 - Open Phase

Dec 22 - Return to 7 days of unbounding

Dec 23 - The end of Phase 1

Number of slots available in Phase 1:

Common: Infinite

Bronze: 588

Silver: 235

Gold: 40

Platinum: 20

Whalecraft: 5

Lock conditions:

3 months + 7 days unbounding

GS Pay Is The Solution That The Gaming Industry Has Been Waiting For

GS Pay has the potential to revolutionize how gamers engage with and monetize their hobby. We are thrilled to introduce this innovative product to the market and make it available to gamers worldwide.

Our technology simplifies monetizing and utilizing in-game assets in the real world without requiring any blockchain expertise.

Technology should empower users rather than restrict them, and that's precisely what we aim to achieve by introducing GS Pay to the gaming world.

Step-by-step Guide

1. Go to the Lockup tab on the gswift.community website and connect your wallet.

2. Select the type of wallet you are using.

3. After connecting the wallet, your card will be set to the Common tier by default.

4. You now have the option to select a tier for your subscription. You need to have enough balance in your wallet to proceed.

Below the cards, you can find the minimum number of tokens required for each tier.

For example, you must have 10k tokens to select the silver tier. However, to maximize the benefits power, you can lock a more significant amount, such as 15k tokens.

5. If there are not enough funds in your wallet to cover the chosen tier, you will need to swap tokens.

6. Approve the transaction and swap tokens.

7. Confirm the transaction in your wallet.

8. Now, the platform should indicate its readiness to subscribe, regardless of whether it was a direct subscription from the wallet or if you purchased additional tokens.

9. After clicking Subscribe, you click Approve and Confirm the transaction in the pop-up.

10. Subscription confirmed!

11. Here’s the view of the main page after confirming the subscription.

12. To purchase G-BUCKS, click the Launch Platform button.

13. Sign the wallet where you have the subscription.

14. Once you add the wallet, it will automatically be placed under lockup. If you add multiple wallets, the platform will always display the one with the highest tier.

15. Go to the GameSwift Wallet tab.

16. To purchase G-BUCKS, send the selected stablecoins to the address displayed in the pop-up that is specifically assigned to you.

17. Approve it in your wallet.

18. You can now check the current balance of G-BUCKS on your card. If you want to buy more G-BUCKS, simply follow the same steps as above.

19. Here is a calculator that can assist you in determining the amount of G-Bucks you will receive in exchange for a specific quantity of stablecoins. Below the calculator, you will find your transaction history and the bonus granted based on your tier.

This is only the beginning! As we embark on this thrilling journey, you can trust that our team is working tirelessly to bring you a wide range of new functionalities and product developments in the near future.

We fully understand your desire for continuous improvement, which is why we are dedicated to further enhancing GS Pay.

The #GSArmy never settles; we always disrupt!

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