Negative GameLife opinions
Summary:
So far,1 of opinions have been recorded for GameLife. These opinions are not investment recommendations but the community's perspective on GameLife. Please do not make a purchase decision based on these GameLife opinions.
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GameLife opinion #1
The GameLife (GME) token is an ERC-20 based crypto currency and was launched in 2013 by means of an ICO. This could be generated with the participation of a PoW (Proof of Work). Contrary to the AES-256 at Bitcoin, SCrypt was used as a hash algorithm. The maximum capitalisation was 1.67 billion GME.
The goal of the token was to support the trading of the assets of games collected by gambling. The market capitalisation at the time was only 214 BTC. The price was stabilised at the time by artificial scarcity through reflux.
On CoinMarketCap and other chart portals, this coin is classified as inactive, as there have been no activities since 2014. The official website of the developers is also no longer accessible. In addition, there are no contacts in social media since last year. This is a good example of a token, which is unfortunately considered a dead asset.
I can't judge if the end was due to low acceptance or if it was done by the developers.