The global video chat industry is valued at $4.5 billion, and forecasted to be valued at $10 billion by 2028. But, do everyday users of the current platforms see a dime of that action? The answer is, no. Lots of video calls have been made over the last decade but no body has been getting paid for their time spent inside these platforms. GameFace unlocks new opportunities for video chat users on a global scale, and through the metaverse gives them access to start earning for their time spent video chatting with friends, family or even strangers on the other side of the planet.
With GameFace, we are developing the first fully decentralized and community-owned ecosystem for video chat gamers on a platform built with the latest Web3 and NFT technologies. GameFace allows its community members to earn tokens and NFTs in the metaverse through friendly tournaments inside the GameFace mobile app.
As video chat and gaming moves into the metaverse, we also want to help our community discover this new market and harness the economic potential of the metaverse while also contributing to the development of web3-native video chat gaming. And, with companies aggressively entering the metaverse, this new realm is at risk of being dominated by legacy media brands.
At the center of the ecosystem is the GameFace Token (symbol: GFACE), an ERC-20 token that serves to catalyze and bring together a global decentralized community of video chatters, casual mobile gamers, crypto gaming enthusiasts, influencers, and brands in an incentive–aligned way. We want to become the worlds biggest mobile video chat gaming platform for people who want to play games, video chat, transact, and participate in large scale tournaments in which they will be rewarded native tokens and NFTs for their time spent inside the platform.
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