Exeedme

What is Exeedme?

Exeedme stands as a decentralized gaming tournament platform, leveraging NFTs and DeFi on the Polkadot network. Users engaging with Exeedme have the opportunity to earn rewards by challenging friends to competitive matches with associated stakes, or by taking part in matchmaking tournaments. Within this decentralized gaming realm, tournament organizers can establish themselves by crafting innovative online esports tournaments and leagues. Additionally, game developers can encourage community involvement in beta testing and gather valuable feedback on new titles from the collective knowledge of the player base.

Exeedme envisions the creation of a trustworthy and equitable Play2Earn blockchain-powered gaming platform. In this discussion, we will explore the $XED utility token, its various use-cases, and the details of its token metrics and distribution.

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Recent Video Interview

Main points of the interview:

• Exeedme's mission to allow average gamers to earn money by playing.
• Emphasized fair play, KYC, and partnerships with organizations like the Esports Integrity Commission.
• Exeedme is currently in the beta phase, focusing on games like CS, with plans to add more, including sports games.
• The importance of NFTs and blockchain interoperability in gaming.

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What is the XED Token?

Exeedme employs the $XED utility token to motivate and reward gamers, tournament organizers, and game developers for their active participation on the platform. The $XED token is specifically crafted to ensure that the majority of rewards generated by Exeedme directly benefit its most engaged users. Key use-cases for $XED encompass game mining, staking for access, and governance:

Game Mining: Players on Exeedme can earn $XED tokens by challenging friends or engaging in matchmaking, irrespective of the match outcome. All participants in matchmaking earn $XED for their involvement. Accumulating more $XED unlocks achievements and unique trophies represented by Non-Fungible Tokens (NFTs), tradable within the platform. Different rarity levels of NFTs, coupled with an open marketplace on Exeedme, foster a vibrant NFT economy.

Access: $XED tokens serve as a gauge for a player's platform experience and engagement. The amount of $XED a player stakes influences the wagering limits set in matchmaking. Access to premier tournaments with substantial prizes on Exeedme also requires specific levels of $XED. Tournament organizers need a significant amount of $XED to initiate a tournament and as collateral for prizes. Game developers, for activities like opening bug bounties and beta testing, also require $XED staking.

Governance: $XED stakers have the ability to vote on platform upgrades, events, and other initiatives. This governance mechanism ensures that the future development of Exeedme remains community-driven, shaped by and for its user base.

Benefits for Game Studios and Developers

Content creators play a pivotal role in the video game industry, shaping the worlds and experiences that gamers cherish. Exeedme envisions an ecosystem where developers have the ability to transform their games into esports, generate in-game assets, incentivize beta testers, and connect with gamers competing for bounties.

Within this ecosystem, individuals such as gamers, brands, esports teams, and more have the opportunity to establish communities, coordinate matches, organize tournaments or leagues, and create unique NFTs to enhance the gaming experience. Access to various DeFi opportunities across multiple blockchains further allows them to bootstrap their environments.

The goal is to establish a fair ecosystem that motivates gamers, developers, and organizers to push boundaries, surpass limits, set records, exceed expectations, and make a livelihood through their passion for playing video games.

The traditional gaming industry has long operated within closed systems and relied on aggressive marketing monetization. Leveraging powerful tools like Polkadot, DeFi, and NFTs, Exeedme is spearheading a revolution in the gaming industry. The mission is to empower gamers, returning control to them and maximizing both player enjoyment and rewards.

Exceedme Team Background

The Exeedme team presents itself as a seasoned group with entrepreneurial expertise and a proactive "make it happen" attitude. CEO Nuno Fernandes and CSO Francisco Varela spearheaded the project. Nuno Fernandes brings extensive dealmaking experience, having closed deals exceeding €1 billion and previously managed mergers and acquisitions teams at PwC and KPMG. Francisco Varela is a serial entrepreneur credited with successfully launching and scaling five ventures to over $10 million, including being the founder of the first exclusive gaming gear marketplace.

The team is further strengthened by the guidance of advisors, including Guilherme Almedia for tech development, Rui Teixeira for blockchain gaming, and Nuno Correia for blockchain payments. The project's ambassador is Ricardo Pacheco, a professional Counter-Strike:GO player, adding a valuable perspective from the gaming community.

Exceedme Project Development

Exeedme has unveiled an array of enhancements focused on heightening the Counter Strike 2 gaming experience. Notable features include the CS2 Matchmaking system for fair play, rewards for a 5-wins streak, Exeedme Anti-Cheat, personalized UX/UI, ELO Rankings, and the ability to buy and sell Skins. The CS2 Matchmaking system addresses common gaming challenges by fine-tuning player matching for balanced competition. Achievements are recognized with rewards: a 5-wins streak earns players 250 Diamonds convertible into Skins. ELO Rankings objectively measure gaming skills, while mandatory Exeedme Anti-Cheat ensures a level playing field. Easier onboarding with Steam registration, a tailored UI, and the option to trade Skins for cash further enhance the gaming experience. New partnerships with Portuguese Gaming Streamers aim to promote these features, initially testing them in the Portuguese market.

Exeedme Price Analysis

As of November 24 2024 Exeedme has a marketcap of $2M. This is {{percentagefromath}} from its all time high of $1.99. In terms of its tokenomics, there's a total supply of 100M with 90% currently outstanding. Keep in mind Exeedme has a fully diluted value of $2.2M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.