Good Gaming, Inc. Reaches
Significant Milestone By Completing Its Legal Review For The Game
Documentation For Its First To Market NFT Game
MicroBuddies™
Good Gaming, Inc. Also Announces
Its Intent To Launch MicroBuddies™ On Polygon
Kennett Square, PA --
September 23, 2021 -- InvestorsHub NewsWire -- Good Gaming, Inc.
(OTCQB:
GMER) (the "Company") CEO David B. Dorwart is pleased to
announce the Company has reached a significant milestone by
completing its legal review for its MicroBuddies™ Game
Documentation and the Company's intent to launch its
first-to-market NFT game on the Polygon blockchain.
The MicroBuddies™
Official Game Documentation gives a comprehensive look into the
areas of the Genesis Event, Species, Traits, GOO™ production, GOO™
Tokenomics, Replication, Apoptosis, Yield Farming, and how to
acquire MicroBuddies™. The Game Documentation also addresses
changes to the GOO™
token designed to link
GOO tokens with MicroBuddies™ to enhance gameplay and address
certain legal risks.
The Official Game
Documentation is now available at https://docs.microbuddies.io.
As previously
reported, the Company has grown increasingly concerned with
systemic issues related to significant gas fees, sometimes
amounting to several hundred dollars per transaction, along with
wait times to purchase NFTs on the Ethereum blockchain that would
likely impact gameplay. These issues have raised serious concerns
regarding the viability of using the Ethereum blockchain for
MicroBuddies™ given concerns about accessibility and
cost.
As such, the Company
is excited to announce its plan to use Polygon for the mainnet
launch of MicroBuddies™. Polygon is a protocol for building
Ethereum-compatible blockchains and is a secure and lower-cost
alternative to Ethereum's escalating gas fees and wait times.
Polygon's PoS (proof of stake) blockchain will offer secure
transactions for pennies while effectuating transactions in
seconds.
Polygon's architecture
consists of a four-layer system composed of the Ethereum layer, a
security layer, the Polygon networks layer, and an execution layer
designed to be an entire platform for launching interoperable
blockchains. This design seeks to address some of Ethereum's major
limitations, including high transaction costs and low throughput,
by supplying a side chain that will work in tandem with the main
chain and improve its costs, speed, and capabilities.
MicroBuddies™ will be
providing an Ethereum bridge in the roadmap for secure storage of
Buddies as well as a tutorial for connecting to and using the
Polygon blockchain next week.
Douglas Adam Wathen,
Good Gaming Crypto, and Gaming Director stated, "We are very
excited to release our Game Documentation. It not only gives a
wealth of information about the game, but it also represents an
invaluable tool for everyone who wants to better understand
MicroBuddies™ in detail. We have taken a lot of time to
thoughtfully tweak the design of the game to improve playability
and the Game Documentation reflects that. The Game Documentation
has also been subject to a legal review given the regulatory
scrutiny with respect to digital assets. The fact that we are a
public company that is accountable to our shareholders and subject
to the regulatory authority of the SEC distinguishes us from other
projects involving digital assets where it may be more difficult to
hold projects accountable for their actions."
Mr. Wathen added, "I
would like to take this opportunity to also provide an update to
our testnet progress. The MicroBuddies™ closed beta is progressing
even better than anticipated. We have already implemented numerous
improvements to our game logic and the number of outstanding bugs
remaining to be squashed for a viable release candidate can be
counted on one hand. We will now rely on feedback from our recently
announced beta testing participation program to implement strategic
tweaking to the game's core mechanics which will ultimately
determine our mainnet launch date."
Mr. Wathen has created
a medium post that discusses changes and the future outlook of the
game with its new features in a medium post published
at https://medium.com/microbuddies
As previously
reported, the Company is preparing to launch its beta testing
participation program. The program will offer Nano Factory Token
holders who have pre-registered to play MicroBuddies™ the
opportunity to give feedback to the game developers as they prepare
for a soon-to-be-announced mainnet launch date. Owning a
limited-edition Nano Factory token has its privileges. With
approximately 350 of the original 2,500 tokens remaining, they
aren't expected to last long.
Due to recent changes
designed to address regulatory risks, as well as moving our
blockchain platform to Polygon, the beta test participation program
will be initiated on Polygon's Mumbai testnet and is set to begin
on October 5, 2021.
About NFTs
The NFT
market has created tremendous new opportunities in the art and
gaming industry. As of September 01, 2021, more than $5.5 billion
was spent on NFTs, representing an increase of 50 times the trading
of Q4 2020.
NFT
breeding games such as CryptoKitties operate by allowing players to
collect virtual cats and "breed" them together to make new, unique
cats. The NFTs can then be sold to others on third-party
marketplaces such as OpenSea and typically pay a royalty of
2.5%-10% to the organization that created the project. With a
recent valuation exceeding $7.6 billion dollars for its parent
company Dapper Labs and NFT games like Axie Infinity, which
recently posted over $2 billion in sales YTD, the Company feels its
first-to-market NFT game MicroBuddies™ is poised to obtain market
share in the NFT gaming space.
https://blockworks.co/nft-market-is-far-from-over-as-sales-hit-12-month-high/
https://cointelegraph.com/news/opensea-trading-volume-explodes-76-240-ytd-amid-nft-boom
https://venturebeat.com/2021/09/16/sky-mavis-hits-2b-in-sales-for-its-nft-game-axie-infinity/
https://news.bitcoin.com/end-of-augusts-nft-sales-tapped-all-time-high-at-1-billion-last-weeks-nft-sales-hit-821-million/
About MicroBuddies™
Good Gaming, Inc. is
in the final stages of preparation for the mainnet launch of its
first-to-market collectible NFT game, MicroBuddies™, where players
will be able to collect lovable, self-replicating microbes that
passively produce their own in-game currency GOO™.
GOO™ can be used to
replicate new MicroBuddies™ from existing ones and customize their
genome using a strategic artificial selection process. Well-bred
MicroBuddies™ will have a high rate of GOO™ production, so players
who develop their skills will be able to create greater
opportunities for themselves.
At the Polygon Mainnet
launch of MicroBuddies™, a player will use their special Nano
Factory Tokens to synthesize Generation 0 MicroBuddies™ and begin
the game. The first 2,500 MicroBuddies™, collectively known as
Generation 0, are expected to be the rarest and most scarce set of
MicroBuddies™ and what the rest of the game will propagate
from. If the Nano
Factory Tokens sell out, or a player fails to purchase a Nano
Factory Token prior to the launch of the game, the only way to
acquire a MicroBuddy and play will be to first purchase one from
another player on the secondary market at the fair market
value.
To purchase
MicroBuddies™ limited edition Nano Factory Tokens, go
to:
https://microbuddies.io
We invite everyone to
join our corporate-supported social media platforms to engage with
one another, receive reliable, up-to-date, accurate information,
and communicate in our Good Gaming, Inc. and MicroBuddies™
communities.
Visit us on our social media platforms:
Discord
https://discord.com/invite/MicroBuddies
Telegram
Group
https://t.me/microbuddiesio
Telegram
Channel
https://t.me/MicroBuddies
Twitter
https://twitter.com/microbuddies
https://twitter.com/GOODGMER
Reddit
https://www.reddit.com/r/MicroBuddies/
Instagram
https://www.instagram.com/goodgmer/
Facebook
https://www.facebook.com/GoodGMER
https://www.facebook.com/GoodGamingMC
Twitch
https://www.twitch.tv/goodgaminginc
YouTube
Channel
https://www.youtube.com/channel/UC3YyoK_Xdo7sfPmse898Nog/
About Good Gaming:
Good
Gaming is an innovative brand leading the gaming industry across
multiple segments in the space since 2008. Beginning with our roots
as a collaborative space for gamers to share their knowledge, we
went on to establish ourselves as one of the leaders in hosting
Hearthstone tournaments. In 2016, we expanded our reach to include
establishing multiple Minecraft servers with some of the most
popular versions of Prison and SkyBlock, then developing our
completely custom-developed NFT blockchain game, MicroBuddies™, in
2021. The Good Gaming advantage comes from our development team's
close relationship with the player communities of all of our games.
The constant communication and resulting feedback further expand
our proprietary content, and we continue to be influencers in the
realm. Good Gaming continues to find exciting and innovative ways
to branch across the gaming industry. As a staff and community, our
goal is to cement our place as a fun and collaborative place for
ALL gamers to enjoy.
For
more information about Good Gaming, please visit our
website:
https://www.good-gaming.com
Safe
Harbor: This release contains statements that constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all
statements that are not statements of historical fact regarding the
intent, belief or current expectations of Good Gaming Inc., its
directors or its officers with respect to, among other things: (i)
financing plans; (ii) trends affecting its financial condition or
results of operations; (iii) growth strategy and operating
strategy. The words "may," "would," "will," "expect," "estimate,"
"can," "believe," "potential," and similar expressions and
variations thereof are intended to identify forward-looking
statements. Investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, many of which are beyond Good Gaming
Inc.'s ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors. More information about the
potential factors that could affect the business and financial
results is and will be included in Good Gaming, Inc.'s filings with
the Securities and Exchange Commission , including those set forth
as "Risk Factors" in such filings.
MEDIA
CONTACT:
Public
Relations and Shareholder Information:
Joseph
M. Vazquez III
Phone:
(888) 245-3005
Email:
infinityglobalconsulting@gmail.com