As the integration of the game and cryptocurrency worlds continues, GamerHash and Coinfirm have teamed up to provide an AML-compliant fundraising model.
The GamerHash alliance with Coinfirm
Working in partnership, GamerHash and Coinfirm will jointly work on fundraising models and focus on securing the legality of funds. With over half a million users already using GamerHash, the project recently created a hybrid fundraising model: on the one hand, VCs can join in a seed round currently underway, while token holders can buy GamerCoin (ERC-20) tokens.
This model benefits both parties, as the project team is undergoing a thorough verification process that excludes many of the risks known from the sale of tokens from the previous ICO era. All this because GamerHash is thoroughly checked by traditional Due Diligence processes. On the other hand, buyers of tokens bring capital for development – which is convinced by VCs.
However, in order for all of the above to be possible and safe, you need to add the last puzzle, i.e. a leading blockchain and AML company: Coinfirm, which will analyze the source of funds used to acquire GamerCoins and conduct AML compliance checks.
“Working with Coinfirm will help us ensure that funds for purchasing GamerCoins are ‘clean’ and that connected users joining the GamerHash platform are characterized by the highest levels of transparency and legal compliance.”
– said Artur Pszczółkowski, CMO at GamerHash.
“The gaming and blockchain industries fit together naturally and will be relevant to each other in different ways in the future. Providing solutions to industry leading companies such as GamerHash is a continuous step forward in Coinfirm’s business in the marketplace. “
– added the president of Coinfirm Paweł Kuskowski.
The hybrid model proposed by GamerHash, now with Coinfirm’s integrated AML & Analytics platform, provides an interesting and future-proof model.
GamerHash allows players to share unused CPU / GPU power in order to mine cryptocurrencies or earn money by playing games. In just 2.5 years, nearly 500,000 users registered an account on the platform. GamerHash will soon expand its operations in Asia due to its perfect fit with the market and recently announced an important partnership with the world’s 10th largest cryptocurrency, Chainlink, to work together to adopt NFT gaming tokens.
The company’s token – GamerCoin (GHX) will soon be issued in Malta and sales will begin through well-known South Korean exchanges. Currently, GamerHash sells its tokens directly to a limited number of buyers. You can read more about the collection and how to acquire GamerCoin tokens here: GamerCoin – GamerHash token available for purchase in a private sale.
Coinfirm is a global leader in anti-money laundering and regulatory technologies for blockchain and cryptocurrencies. It offers the industry’s largest blockchain reach, supporting over 1,400 cryptocurrencies and protocols including Bitcoin, Ethereum, Hyperledger, and more. Coinfirm’s solutions are used by world market leaders ranging from cryptocurrency exchanges like Binance and protocols like XRP to large financial institutions like PKO BP. The company’s services also include Reclaim Crypto, as well as Trudatum, an independent regtech platform that allows you to register, sign and verify any file with 100%. accuracy. More information can be found at: https://www.coinfirm.com/