GameCredits (GAME) is a cryptocurrency token and operates on the Ethereum platform. Users are able to generate GAME through the process of mining. GameCredits has a current supply of 200,000,000 with 97,616,858.459 in circulation. The last known price of GameCredits is $0.070915 USD and is up 0% over the last 24 hours. According to Game Machine, over 20,000 gamers are already mining and using the GMC token for in-game purchases. An app for developers is in the pipeline for later this year. They will be able to use the app and platform to promote their latest titles without having to pay heavy commissions to third-party companies. The price of bitcoin is expected to continue to rally in the run-up to the "halving" on May 12, when the reward for mining bitcoin transactions is cut in half. The halving happens every four years. This was the first time most Japanese people heard about Bitcoin. Now it’s a familiar term in the country. Since then, many companies have launched bitcoin related services. In March of 2014, the Japanese government made a cabinet decision on the legal treatment of Bitcoin. Cryptocurrency can be a confusing topic even for the experienced Bitcoin enthusiast, so the more you read up on the world of Bitcoin, the more prepared you can be. After all, knowledge is power. Tags
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