How it works
Creators submit entries to the contests.
Entries are rated by various parties.
Entries with the highest ratings become winners.
Become a Winner
Winners enter auctions to be sold
Frequently Asked Question
Get the Info You Need, Fast.
What is Gamicon?
Gamicon is a digital arena where creators compete in games and contests, with winners gaining promotion and the opportunity to auction their work. It democratizes content distribution by allowing creators to rate each other, accelerating validation and promotion of creations.
Is there a fee to enter the contests?
No, all the contests are free to enter.
How do you choose winners?
Initially, entrants rate each other's work to establish initial ratings. Winning entries from this round are then reviewed by a panel of professionals, including renowned artists and appraisal experts. Finally, these entries are presented to active buyers for crowd ratings. Entries achieving a final score of 9.0 or higher are designated as Gold Class winners, those with 8.0 or higher are Silver Class winners, and those with 7.0 or higher are Bronze Class winners. This tiered system ensures a thorough evaluation process, combining peer, expert, and market feedback.
How does the auction work?
Winners from Gamicon contests are qualified to enter items into the live prime auctions. Each item starts with a floor price based on live market data, post-copyright vetting. The auctions use Gamicoin exclusively and have no set time limit. Bidders can place any bid above the floor or current high bid. The auction concludes when the owner accepts a bid. Bidders must have sufficient Gamicoin balance to cover their bid, and if a bid is accepted, the transaction processes immediately with a 1% Gamicon transaction fee. If a bidder chooses to withdraw a bid, a 5% penalty fee of the bid amount is charged. These rules are designed to ensure a fair and efficient auction process. You can read the detailed auction rules here.
What is GamiCoin?
GamiCoin is the designated cryptocurrency for transactions within the Gamicon platform, used exclusively for bidding in the live prime auctions. It enables a seamless and secure transaction process for buyers and sellers, providing a stable medium of exchange. The use of Gamicoin ensures immediate processing of transactions post-auction and integrates a system of penalties and fees to maintain the integrity of the bidding process. Its adoption within Gamicon's ecosystem highlights the platform's commitment to a digital, decentralized economy tailored for the content creation community.
Why should I enter the contests as a creator?
For creators in art, fashion, and music, Gamicon offers a vibrant stage to showcase your talents. By participating, you gain exposure across diverse audiences, connect with peers for valuable feedback, and compete for recognition and awards. Winning can lead to auctioning your creations for Gamicoin, providing a novel way to monetize and validate your work. It's a unique opportunity to blend your artistic vision with market dynamics, learn from industry experts, and potentially accelerate your creative career in a collaborative environment.
Why should I buy from Gamicon as an NFT investor?
Buying from Gamicon offers NFT investors vetted, quality art, assured authenticity, market-informed pricing, and the potential for Gamicoin to appreciate in value, along with direct engagement with creators.
Is there a royalty for secondary sales?
Yes, NFTs minted with Gamicoin include a smart contract that grants creators a 5% royalty from any secondary sales post-auction.
What is the rating reward mechanism?
To promote integrity in ratings, Gamicon rewards raters with a random Gamicoin payout of 1 to 10 coins when their rating matches the entry's final score. Additionally, if an entry they rated becomes a winner and is sold in the auction, these raters will collectively share 5% of the sale's proceeds.
Can someone manipulate by changing their ratings to match the final score?
This is next impossible because the Gamicon's rating system is built for fairness and precision with weighted votes for trusted raters, finalized scores that cannot be changed, and the exclusion of dishonest or low-quality ratings from the final tally.
Tell me more about the weight system?
In Gamicon's weight system, each rater's influence on the final score is determined by their assigned weight points. High reputation individuals receive these points manually, acknowledging their expertise and standing. Additionally, those who consistently provide quality ratings are also granted weight points. This method ensures that the most knowledgeable and reliable raters have a greater impact on determining the value and quality of submissions.