Gimli – Decentralized Live eSport Streaming Betting GIM ICO System?
Gimli, found online at Gimli.io, is a decentralized platform for live eSports streaming. Find out how it works today in our Gimli review.
What Is Gimli?
Gimli is an eSports platform that lets you bet, stream, and engage in other eSports activities. The company claims to have created an eSports application “made by eSport fans for eSport fans.”
With Gimli, users can engage in bets, challenges, and surveys with their streamers through the use of digital tokens. Streamers can generate profits from bets. Users can donate and tip streamers. Tokens can be used to fund tournaments and projects.
The entire Gimli platform is built on decentralized blockchain technology. Specifically, Gimli uses Ethereum’s smart contracts. The ecosystem revolves around the use of the Gimli token, or GIM.
As for the name, Gimli is well aware that the company shares its name with Tolkien’s dwarf. In fact, the Gimli tokens feature the image of a Gimli-looking dwarf along with Dwarvish runes around the outside edges. So yes, the name choice is intentional.
How Does Gimli Work?
Overall, Gimli promises that users can “transcend watching” and “be part of the game”. Some of the key features include:
Bet & Win:
Users can bet with Gimli, generate profits, and promote their status in the community by continued winning.
Vote, Engage, & Support:
Users can donate and tip streamers. Or, the currency can be used to fund tournaments and projects. Users can also pay currency to participate in polls.
Gimli promises to be decentralized, robust, safe, and fully transparent. It’s powered by a token and Ethereum smart contracts.
Powering it all is Gimli’s betting algorithm. The company goes into deep detail about its betting platform at its whitepaper. Basically, the betting system is designed for games between two or more opponents.
In order to participate, users need to pay the GIM fees decided by the streamer. At the end of the game, the smart contract pays out to the winners from the losers’ bet pot. This means that Gimli doesn’t take the opposite side of any user’s bet. It simply provides the pot. The pot can also be split among all the users who placed bets in the winning pot.
Gimli offers all of the following features:
- Vote & Survey: Impact your favorite streamer’s decisions by participating in challenges and surveys.
- Bet: Place bets on game outcomes using the Gimli token and put your skin in the game.
- Support: Donate directly to streamers with no middleman. Your contribution goes directly to the person you want to support.
- Any Game: Gimli has one account for all streams. You can follow and engage with your favorite games and players.
- Track your Success: Showcase your betting history and keep track of your statistics over time.
- Trust the Blockchain: Connect your wallet and seamlessly transact your tokens. You’re in full control.
How Does The Gimli Token (GIM) Work?
The Gimli token, or GIM, is a digital token that can be bet, donated, and transferred.
Streamers can decide how they want to use GIM on their streams. Only 150 million GIM tokens will ever be created. All tokens will be created during the token sale.
The Gimli token sale will begin on September 16. In the leadup to the token sale, Gimli is attracting professional streamers, gamers, and all eSports professionals. These individuals will have priority in acquiring GIM.
GIM token holders can use the tokens to make bets, pay betting fees, and donate to streamers.
Who’s Behind Gimli?
Gimli is led by David, who has previously worked as an equity derivatives quant in a major New York investment bank, and graduated with a Master’s in Mathematics from the National University of Singapore. Other key members of the team include Dan, a multi-disciplined entrepreneur specializing in digital marketing and international trade with a Master’s in International Business, and Julien, an internet-based business specialist.
The website lists several other members of the team, as well as advisors like Dayshi (a professional Stracraft player) and Skyyart (a popular streamer and former League of Legends pro).
Gimli is a betting and donation platform build for the eSports community. The platform aims to make it easy to collect donations through a stream while also organizing betting opportunities and polls. Streamers can accept donations, or watch users bet on the outcome of a match. It gives viewers a more engaged experience, while streamers can collect more donations.
Gimli is preparing for its token sale in September. You can learn more about the company online today at Gimli.io.