From Mining to Gaming To Real Estate, GIMA Group Is Everywhere GIMA Group Conquers Multiple Sectors with Blockchain Tech
2022.04.05 10:31
From Mining to Gaming To Real Estate, GIMA Group Is Everywhere GIMA Group Conquers Multiple Sectors with Blockchain Tech
- The CEO of GIMA Group chats with CoinQuora at the World Blockchain Summit.
- He shares his excitement for the future of blockchain gaming.
- The conversation also explores new possibilities in the real estate sector as well.
CoinQuora had the pleasure of interviewing the CEO of GIMA Group, Inc. — Kevin Soltani, as the official media partner at the World Blockchain Summit. In detail, the CEO spoke of how his company dove deep into the blockchain gaming industry.
To start off, Soltani began by speaking of the GIMA Group in general. The alternative investment company has been running for 7 years now. So far, it has dipped its toes in many interesting sectors.
For instance, the company has been quite active in both Dubai and Los Angeles. To highlight, it helps projects find funding
and takes an active operational role in companies operations to assist with their growth. Sometimes, GIMA Group funds projects themselves to act as prime investors. Besides this, the company also delved into payment gateway solutions and built security and identification solutions for KYC.
Kevin began its journey with crypto mining in 2013, becoming one of the first companies (Bit Rig Builder) in California to set up a company to provide mining services to individuals and SME’s, alike. However, over the past 3 years, it has fully begun to focus on the gaming industry and everything that comes with it — from Play-to-Earn (P2E), blockchain, and crypto gaming. Indeed, Soltani says that “these are very exciting times to be alive and work in crypto”.
More so, he encourages gamers, especially Twitch streamers to get into blockchain gaming. He says that at the moment, more crypto heads are fascinated with P2E gaming than actual gamers. In the future, he hopes to see more hardcore gamers taking an active part in the blockchain gaming arena.
In fact, he says that Twitch gamers are already inept and can seamlessly enter the crypto gaming universe. Once they begin to game and stream, more gamers will join in, and eventually, the blockchain gaming sector will begin to mature.
We need real hardcore gamers to jump in and want to jump in to play these new blockchain based games. The real growth will come when gamers, professional and casual, join the industry and start playing in mass. This will take time, but when the gamers come, there is no going back to traditional gaming (without earning potential from day 1).
More than anything, Soltani believes that the true potential of this sector will come once gaming competitions begin to take place, also know as esports. Currently, many P2E games are struggling with their tokenomics. Hence, Soltani says, “Cleaning up tokenomics is going to be important for the survival of these future games. Providing a structure for gamers to thrive in and earn money from day 1, will be key to the success of any future P2E games entering the market”.
Soon the blockchain gaming arena will have major championship games and P2E gamers will sign contracts pertaining to blockchain gaming and esports. Recently, Kevin’s previous company entered into Axie Infinity and has already signed a gamer via an esports contact. Soltani hints that this is just the beginning, the industry will likely only expand from here. “We were the first esports team in the world to give a professional level contract to a gaming athlete who focuses most of his time on playing P2E games.
Besides gaming, GIMA Group is also looking into property tech real estate. It is exploring the possibilities in the blockchain implementation of smart contract solutions. Certainly, this is an exciting venture, especially considering the fact that the real estate industry hasn’t seen much change in the past century or so.
Thus, Soltani is excited to explore and see what blockchain technology and smart contract solutions can bring to the industry; he mentioned, “The system is outdated, broken and no new tech is being implemented to bring the real estate market into the new Web 3.0 world”. Perhaps there is more opportunity besides the tokenization of real estate units and NFTs to offer secondary ownership. All in all, GIMA Group is excited to bring sophistication to the real estate sector with the power of blockchain technology.
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