The World of GAIMIN
Harnessing Underutilized Gamer Processing Power
The goal of GAIMIN is to connect the vast and continually more powerful, underutilized supply of the global gaming community's GPU processing power with the rapidly growing, worldwide demand for massive data processing power. Harnessing this unused gamer processing power and rewarding participants is the GAIMIN strategy.
GAIMIN creates a decentralized, distributed data processing network from devices participating in the data processing service. This decentralized distributed data processing network is known as gaimin.cloud.
Participation is simple - a user downloads and installs the GAIMIN application for their PC, registers with GAIMIN and the application immediately confirms its availability for use within gaimin.cloud and is sent data processing “jobs” as soon as they become available.
Gamers are rewarded for their participation in gaimin.cloud with GAIMIN’s own cryptocurrency, GMRX, which is an important component in GAIMIN’s ecosystem.
Participating in gaimin.cloud enables the user to earn rewards from passive participation. The amount earned is dependent on a number of factors including time connected to gaimin.cloud, the performance/processing power of their devices, the activity of other users within their NEP (referral) network, and the “jobs” available to these users.
In both Alpha and Beta testing, a typical user could earn $30-$50 per month from monetization, and up to, and in certain cases exceeding, $100 per month for high-performance GPUs connected to gaimin.cloud for longer periods of time, none of which included the additional reward achievement mechanisms possible via the GAIMIN Network Expansion Programme (NEP) referral program.
Cloud Computing via gaimin.cloud
Cloud Computing
Cloud computing is a method of delivering computing services and computational resources over the internet. This allows businesses to access and pay for only the resources they need, resulting in faster innovation, flexible resources, and is typically a more economic solution.
Cloud-based data processing offers several benefits such as cost savings, scalability, accessibility, speed, automatic updates, and security. It eliminates the need for expensive hardware and software, and allows for easy scaling of resources as needed. It also offers self-service and on-demand access, and is accessible from any device with an internet connection. Additionally, cloud providers handle software and security updates, ensuring a stable and secure processing environment. These benefits help businesses to operate more efficiently, respond to changing needs quickly, and reduce costs.
gaimin.cloud
GAIMIN specializes in providing Infrastructure-as-a-Service (IaaS) cloud services, specifically data processing using high-performance GPU devices. gaimin.cloud is the decentralized, distributed data processing network comprising devices participating in GAIMIN monetization services.
The flexible approach created by GAIMIN to allow users to participate in gaimin.cloud and select their level of processing to be provided to gaimin.cloud requires a flexible and dynamic approach to continuous assessment of the devices and performance capability. GAIMIN's AI Engine and Decision Maker continually assesses the availablity of devices and allocates jobs according to the requirements of the job and the availablity of devices in gaimin.cloud.
On installation of the GAIMIN application, the GAIMIN Platform identifies all relevant characteristics of a user’s PC and most importantly, the GPU and CPU. Then, when a user selects monetization, the device is noted by the GAIMIN Platform as being available for use within gaimin.cloud. The GAIMIN Platform then allocates jobs to the device depending on the performance and availability of the device and job requirements.
Currently the GAIMIN Platform processes jobs requiring GPU devices, however, initial testing also validated the Platform’s ability to use CPU resources and over time, GAIMIN will extend the Platform to utilize other components within the PC, which may also include RAM and physical storage.
Why use gaimin.cloud?
Increased speed and efficiency | gaimin.cloud services are self-service and on-demand, allowing users to provision vast amounts of computing resources in minutes, typically with just a few mouse clicks. This gives businesses a lot of flexibility, and takes the pressure off capacity planning, enabling them to respond to changing needs quickly. |
Instant scalability | gaimin.cloud allows businesses to easily scale resources up or down as needed, which can help organizations save money by only paying for what they use. |
Important cost savings | gaimin.cloud eliminates the need for individuals or businesses to invest in expensive hardware and software by harnessing the underutilized computational resources of the global gaming community, resulting in significant cost savings. |
Automatic updates | gaimin.cloud service providers handle software and security updates, which can save you time, resources, downtime and headaches, and ensure you always have a source of high powered data processing whenever you need it. |
Cutting edge security | gaimin.cloud has built-in security measures, which can help businesses protect their data and systems from cyber threats. |
True flexibility | gaimin.cloud services can be accessed from any device with an internet connection, which enables you to access our services from anywhere, at any time. |
Improved performance | gaimin.cloud providers use high-performance GPUs and infrastructure, which can result in faster processing and better performance for applications and services. |
Robust and reliable data processing | Being fully distributed and decentralized means the infrastructure which powers gaimin.cloud is exceptionally reliable and robust |
Increased productivity | gaimin.cloud eliminates the need for many of the time-consuming IT management tasks associated with on-site data centers, such as hardware setup, and software patching, enabling IT teams to focus on more important business goals. With gaimin.cloud, IT teams can spend more time on strategic initiatives and less time on maintenance tasks, increasing overall productivity. |
Real social impact | gaimin.cloud uses gamers as the service providers via the contribution of their computational resources. GAIMIN gives back up to 90% of the revenue to gamers. This means you can help create genuine social impact and improve the lives of potentially 1.5 billion gamers. |
Accessing gaimin.cloud
The gaimin.cloud website provides access to gaimin.cloud and allows customers to submit data processing jobs and receive the output. The website is currently focused on video rendering services and will be extended to support additional data processing services as these are incorporated into the monetization portfolio.
The provision of data processing to AI companies is currently in research and development.
The gaimin.cloud website enables a user to register and create an account for data processing services, manage their account payment status and top up the account and submit and receive data processing jobs. The website also provides functionality to receive reports and updates on job progress and hold an archive of raw data and completed files.
Monetizing data processing services
Data Processing Services
GAIMIN is creating a supercomputer-level data processing service by harnessing the underutilized processing power from the GPUs installed in gaming and high-specification PCs. The GAIMIN platform receives job requests and creates a data processing network suitable for the job and distributes the job to the available devices within gaimin.cloud.
The GAIMIN AI Engine identifies the most profitable source of monetization at any given time and determines the priority of the data processing job based on a number of factors including the technical requirements of the job, the available performance from devices, and the profitability of the job. GAIMIN distributes the jobs through gaimin.cloud, coordinates the distribution of data and the return of results, consolidating the outcome and delivering the results back to the customer.
gaimin.cloud currently supports two monetization options - video rendering and the powering of blockchain computations. Video rendering is dependent on customers submitting rendering jobs so if there are no rendering jobs, powering of blockchain computations is the fall-back service and is always available when there is no other more profitable job. GAIMIN’s AI Engine continuously monitors the devices participating in gaimin.cloud and aligns devices with job requirements, selecting the most profitable jobs to be processed by gaimin.cloud. Rendering jobs are a priority as they generate the greatest revenue and profit.
When there are no rendering jobs, the AI Engine has the “always available” data processing service for monetization - the powering of blockchain computations. The AI Engine uses its predictive analysis combined with dynamic market data to identify the most profitable crypto to power at the current time and submits that crypto powering job to gaimin.cloud.
This approach ensures that gaimin.cloud is always monetizing, generating revenue for GAIMIN and passive rewards for users allowing their devices to participate in gaimin.cloud.
Video Rendering
The global consumption of videos is increasing year on year. In 2020, 3 billion internet users consumed video content. By 2023 this is expected to rise to 3.5 billion (Ref: TheSocialShepherd) and shows no sign of slowing down. Statista reported that in 2021, online videos had an audience reach of 92% with the global average for video consumption being 84 minutes per day; the most popular categories are shown below in the chart. YouTubers upload 300 hours of video content to the platform every minute.
More videos are being produced by influencers, video producers, animators, and individuals on a daily basis with 60% of content makers planning to increase their video budgets.
As the complexity of video output increases with more animation, audio and video effects, the more processing power is needed to produce the final video output. However, the global requirement for data processing in other areas is also increasing, competing with video rendering for processing power.
Video rendering is a time-consuming, hardware-intensive activity. The greater the processing power of the rendering device, the quicker the final video is produced. However, people who want to render videos may not have the higher performance devices available due to cost or they may want to speed up rendering to generate the final video quicker and therefore need access to multiple devices.
Secondly, organizations that regularly use video services, may require additional rendering power for urgent, time-sensitive, ad-hoc requirements. Access to a network of high-performance devices on an “ad-hoc, as-needed basis” provides these organizations with a scalable, “as-needed” service.
Thirdly, investment in a centralized rendering farm is prohibitive. The data processing industry is experiencing problems not only with the purchase of high-performance devices, but also the installation in physical premises and the consumption of electricity/energy within a local environment. Iceland is limiting the licensing of centralized data processing farms and China is cutting off energy supplies to centralized services. The decentralized, cloud-based approach spreads energy consumption through a global network and utilizes the power consumption from devices that are already switched on but not being used.
GAIMIN solves this problem by providing a user with access to a number of high-performance devices which can deliver the rendered video quickly. GAIMIN can also create rendering networks of differing performance levels, which still speed up the rendering time but differentiates the use of devices with differing performance levels thus providing the user with a choice in the cost of the service.
Video Rendering in gaimin.cloud
Rendering, in its most simplistic definition, is simply the completion of a series of mathematical calculations that can be performed by either a GPU or CPU. The greater the performance of the GPU or CPU, the quicker it completes the frame rendering and can receive another frame to render.
To access video rendering in gaimin.cloud, the video rendering customer first creates an account with gaimin.cloud and uploads their raw data file. Currently, gaimin.cloud supports Blender files, however, other video production systems will be added as demand grows for this service.
GAIMIN deconstructs the raw data file into individual frames and submits the frames to the GAIMIN distributed data processing network for rendering. In order to estimate the rendering cost, GAIMIN pre-processes 1% of the frames in the raw data file. Based on the analysis of the 1% of frames, GAIMIN presents the customer with a cost to render the complete file. The customer can accept or reject the cost. If accepted, rendering of the remaining frames is undertaken. If the customer rejects the cost, no further rendering is undertaken.
Individual frames are processed by GPUs in the network and when completed, the rendered frame is returned back to the GAIMIN Platform. Rendering is device agnostic (to an extent) and any GPU can be deployed for rendering in gaimin.cloud. As such, a significantly large number of GAIMIN users earn rewards from the video rendering service. The more frames a device renders, the greater the proportion of the fee for the job is returned to the device user.
Rendered frames are received and sequentially stored in the user file archive. Once all frames have been rendered, the user is notified of job completion and can download their rendered frames and reload them into the application to create the final output file in the format they require. GAIMIN then proportionally distributes the revenue generated from the job back to the user reward pool.
Video rendering is currently the most profitable data processing service provided by GAIMIN, however, the availability of rendering jobs is dependent on customers submitting processing jobs. When there are no rendering jobs, GAIMIN’s AI Engine identifies there are no rendering jobs available and submits blockchain computation jobs to the network.
AI and Deep Learning Data Processing
The recent emergence of AI-driven and Deep Learning applications has driven further demand for data processing power. Anyone who has tried to use ChatGPT at peak times will be fully aware of the capacity limitations and unavailability of the service at peak times!
Big-data processing applications need extensible and scalable data processing capability. In times of peak or high demand, data processing needs to be directed to ad hoc processing capability without the need for permanent, costly extensions to data processing hardware and architecture.
These AI applications consume considerable amounts of storage, needing extensive and accessible data repositories to train and feed the processing algorithms, and processing power to transfer and transform data for real-time delivery of results. Typically organizations implement dedicated systems for processing data (including data selection, collection, pre-processing (filtering, categorization, and feature extraction) and data aggregation (consolidation of data from multiple sources)), however, capacity is often exceeded during peak utilization. As demand fluctuates, these organizations need to consider the extension of their data processing architectures from a physical perspective which drives the decision-making on centralized versus decentralized processing architecture.
The resources required for data storage and AI computation do not typically scale in unison so system architectures typically decouple these with local storage in an AI compute node designed to be large and fast enough to just feed the algorithm, hence peak or atypical usage results in slow performance or bandwidth restrictions.
AI systems are now being deployed in all industries which have a demand for real-time, data-driven decision analysis and decision-making. Examples of AI use include:
Computer vision - image classification, object detection (image and video), image segmentation, and image restoration
Speech and natural language processing, speech recognition, and language translation
Text-to-speech synthesis
Recommendation systems to provide ratings and suggested personalized content or products based on prior user activity and references
Content analysis, filtering, and moderation
Pattern recognition and anomaly detection
AI systems are used in a number of different industries, including:
Fraud analysis and automated trading systems for financial services companies
Online retail personalization and product recommendations
Surveillance systems for physical security firms
Geologic analysis for oil, resource extraction by gas and mining companies
Typically machine and deep learning algorithms require matrix multiplication and accumulating floating point operations with algorithms performing matrix calculations in parallel, making them similar to graphics calculations, and are typically performed by graphics processing units. As gaimin.cloud typically comprises high-performance GPUs, combined with the ability to segment and process discrete algorithmic calculations gaimin.cloud is ideally suited for the provision of AI based processing services.
Interestingly, NVIDIA devices have been optimized to handle this type of processing requirement, especially in the area of Deep Learning. gaimin.cloud is able to identify the devices available at any given time and create a sub-processing network for jobs. gaimin.cloud could, if required, create a sub-network of NVIDIA devices and use this sub-network specifically for optimized AI data processing.
GAIMIN is currently working with AI-based application developers to provide the source of this ad hoc supplementary data processing capability through gaimin.cloud.
Powering Blockchain Computations
The powering of blockchain computations (validating and confirming transactions on a blockchain), also known as blockchain mining, is a growth industry and market due to the expansion of services based on blockchain, including cryptocurrency transactions. Crypto transactions are increasing year on year with 1,000+ GPU mineable crypto coins on the market today.
Mining requires devices with high processing throughput; Graphics Processing Units in PC’s are the ideal source of processing power and so gaimin.cloud is ideally suited for the powering of blockchain computations and is the fall-back solution when there are no other jobs for the GAIMIN network. These jobs, however, are at present a lower revenue earner for GAIMIN and so other more profitable jobs, such as video rendering, will take precedence when they are available for gaimin.cloud.
Crypto blockchain mining is the de facto use for this technology, however, demand for the implementation of blockchain technologies into other industries looks set to increase both the demand - and potential profitability - of blockchain computations, which will provide a very dependable source of future revenue for the validation and processing services provided by gaimin.cloud.
Currently, 6 out of every 10 major companies are involved in blockchain projects: Samsung, Oracle, Microsoft, Walmart, Visa, Nestle, JP Morgan, Amazon, etc. IBM now has over 1,000 employees dedicated to their blockchain products. Institutional-level infrastructure investment (CBOE ETF, BAKKT, NASDAQ, JP Morgan trading desks, etc.) indicates mainstream investor adoption.
Without “mining” and “miners” (the process to power the blockchain computations) in their different forms, there can be no blockchains; a blockchain needs a process of validating and confirming the transactions and adding the transactions to the blockchain. There is a massive demand for blockchain miners, and that demand is forecast to accelerate as the mass adoption of blockchain technology grows.
“Blockchain is the biggest opportunity set we can think of over the next decade or so" - Bob Greifeld, Chairman & Former CEO of NASDAQ.
When considering a “mining” job, the GAIMIN AI Engine uses externally sourced data to determine the current profitability of the blockchain validation algorithms within the AI Engine along with the devices currently available within gaimin.cloud and submits the most profitable powering jobs to gaimin.cloud. Through continuous assessment and monitoring, if profitability changes, the AI Engine will automatically switch to a different blockchain powering algorithm and deploy the change to gaimin.cloud, thereby maximizing revenue and rewards at all times.
Future Extensions to gaimin.cloud Functionality
The design of gaimin.cloud allows it to be used for a variety of different data processing applications. Through GAIMIN’s knowledge of the devices comprising gaimin.cloud and dynamic updates on the availability of devices, GAIMIN is able to create separate subnetworks to process different types of data. As such, gaimin.cloud provides flexibility for data processing applications and can deliver the output from different processing jobs depending on requirements and availability of devices.
Other functionality to be considered within gaimin.cloud includes:
CPU processing - (already tested with powering blockchain computations)
Data storage - utilizing the availability of decentralized, distributed storage found in devices participating in gaimin.cloud.
GAIMIN Decision Maker
The GAIMIN AI Engine selects the jobs to deliver into gaimin.cloud based on a priority categorization based on a number of factors including customer priority for the job, the revenue generated and the profitability of the job. If there are no other jobs to perform, the AI Engine has an “always available” monetization option - powering blockchain computations.
This is not, at present, the most profitable use of gaimin.cloud, nor is it the highest earning option, however, it is always available as a monetization solution. When no other jobs are available, the AI Engine uses external market data to identify the current profitability of each crypto token and submits processing jobs to devices based on the most profitable crypto to power. The AI Engine continually reviews jobs and profitability and switches processing as needed, thereby maximizing the earning potential for each device participating in gaimin.cloud.
GMRX
The Token
The primary use of the GMRX token is to serve as the utility token on the GAIMIN Platform.
A utility token is a cryptocurrency minted on a smart contract-enabled blockchain and serves a specific purpose in a crypto project’s ecosystem and is managed through the associated smart contract protocol. A utility token is typically pre-minted into existence and distributed within the ecosystem as defined within the use case for the token.
GAIMIN’s use case for GMRX
As the utility token for GAIMIN’s Platform, GMRX is used to consolidate passively earned rewards paid to users for allowing their devices to participate in gaimin.cloud. GMRX can then be used for marketplace transactions, in game asset purchases, user rewards etc.
When a user participates in the monetization aspects of the GAIMIN platform, GAIMIN generates revenue in a variety of different formats - crypto and fiat, and in a number of different currencies (cryptocurrency and fiat currency). GAIMIN consolidates the revenue generated into a stablecoin and, when GMRX is listed, will purchase GMRX on the open market and distribute the earned GMRX to users proportionally based on the utilization of their device within gaimin.cloud.
This approach creates transactions and “volume” for GMRX through the exchanges and helps to support the value of GMRX by generating buying pressure through users’ passive monetization activity, thereby helping its users maintain the purchasing power of their GMRX in the GAIMIN ecosystem.
In addition, GAIMIN also has plans to introduce burning and staking in order to help improve the overall health of the GMRX token economy. The current plan is to have approximately 7% staking reward and a 3% burn. Once introduced this would mean 80% of rewards go directly to the user, 10% to GAIMIN, 3% burn, and 7% ongoing (completely sustainable) staking reward paid from the total revenue of the gaimin.cloud.
GMRX can be used for purchases throughout the GAIMIN Marketplace - users earning GMRX can naturally use them for purchases. GAIMIN will look at options to deploy various mechanisms to incentivize and benefit users who hold GMRX (for example via gamification rewards), build up their holding, and then use GMRX for their purchases. For example, this could include enhancing the utility or attributes for an in game digital asset if GMRX is used for the purchase. GAIMIN has dedicated a part of the GMRX treasury to these types of rewards.
GAIMIN will also extend the range of products and services available through the Marketplace. GAIMIN will be introducing accessories, merchandise, and gaming assets for purchase. Again, where a user utilizes their GMRX, GAIMIN could offer discounts, bonuses, etc to incentivize the user. This approach also increases the perceived value of GMRX in addition to the actual exchange value - if a user gets the equivalent of say a 10% bonus or enhancement for using GMRX, this incentivizes them to retain GMRX and utilize it for their purchase.
Gaimin will release a maximum of 100 billion GMRX tokens. The public token sale and tokens allocated prior to listing will provide an estimated 20% of available tokens to the market at an initial anticipated launch price still to be determined.
Once GMRX is available for trading on an exchange, its value will change according to market conditions and requirements. It is not possible to predict fluctuations in price.
Token Utility
The GAIMIN token utility includes the following:
Access to functions and features on GAIMIN's Web3 gaming platform and game launcher.
Powers all internal GAIMIN ecosystem transactions.
Transmission of purchasing power from users' computational contribution to gaimin.cloud
Serves to encourage platform growth via referral rewards
Ability to trade on the GAIMIN marketplace - in-game assets, NFTs, Metaverse.
Probable future gamified yield farming
"Fan token utility" for Gaimin Gladiators esports teams to build adoption, engagement, and support for the GAIMIN project. This is still being developed with plans to include utility and benefits such as:
Access to exclusive content.
Access to early-release games.
Access to unreleased NFTs & in-game assets.
Vote casting on fun team activities.
Quiz participation.
Match access passes.
Merchandise discounts and giveaways.
Event access discounts and giveaways.
Limited collectibles.
Loyalty bonuses.
Fan discounts and promotions.
Virtual and real-world meet-ups with players.
"Play against the Gaimin Gladiators players" games.
And other exclusive privileges, rewards, and incentives.
Tokenomics
The aim is to have the GMRX token listed on a combination of CEXs and DEXs and when listed, GAIMIN will purchase its GMRX used for rewarding users from the market and pay the users for their participation in gaimin.cloud in GMRX.
The objective behind this approach to transferring GMRX back to users is to stimulate external market transactions for GMRX and support the liquidity of GMRX in the external market, thereby assisting in the maintenance of the price of GMRX. As part of this strategy, GAIMIN will be burning a percentage of GMRX, thereby reducing the availability of GMRX from the open market, and supporting the maintenance of the external price of GMRX.
The tokenomics for the GMRX launch and listing are being continually assessed and analyzed to ensure they are adapted to market conditions, meet GAIMINs objectives, and above all best serve the GAIMIN platform user, and will be published prior to the token launch.
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