English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 26 March 2018, 11:00 HKT/SGT
Share:
    

Source: Game Cash
The World's first game cryptocurrency payment Alliance (GAMECASH) announced its formal launch, with partnership of 100 global top game manufacturers
- World's first game cryptocurrency payment alliance GAME CASH (GSH)
- Using blockchain technology to revolutionize and connect all gaming channels, solving payment issues.
- Cooperation with other core blockchain based technology chains to build the future prosperity of the gaming era

SINGAPORE, Mar 26, 2018 - (Media OutReach) - Global game industry well-known Entrepreneur, Forbes 30 under 30 award winner, Vincent Ghossoub, launched the world first game cryptocurrency payment alliance - Game Cash, based on block chain technology. It leads the game industry to officially enter the Consensus prosperity era supported by the technology.

Technology drive growth to create a global cryptocurrency payment alliance for game industry!

Game cash foundation and the 100 top game manufacturers in the world jointly launch the world first game cryptocurrency payment alliance, name as GAME CASH (GSH).

The alliance members come mainly from the game manufacturers in China, Japan, South Korea, the United States, the EU, South East Asia and other major gaming markets, including industry research institutions.

2017 is a year of explosive growth of games and the first year of wide application of blockchain technology; 2018 will be the year of gaming blockchain. As the industry develops so rapidly, GSH as the most important part of the gaming industry blockchain will play a key role in the creation of the whole industry prosperity.

GSH, from the date of its establishment, aims to build up a new consensus mechanism of the industry by using blockchain technology revolution, in which all the global industry resource will be integrated, to establish a common cryptocurrency payment system. This payment system will make all the gaming channels connected to fully solve the sore points from the industry and the game players. The gaming industry has been developing vigorously in the past 10 years, but there are endless kinds of malpractices, black box operations, security and user privacy issues, payment problems, etc. With the emergence of GSH alliance, these problems will be solved once and for all.

In the GSH alliance, the Game Cash will be used as a general currency. Game Cash is a new universal payment token based on the Ethernet 2.0 protocol. Players can use GCash not only to exchange any gaming coins in the alliance, but also to convert the unused gaming coins back to GCash. It not only solves the problem of recharge redundancy and waste, but also greatly improves the player's confidence and enhances the fluidity across the whole gaming industry. In the alliance mechanism, GSH will set up a new elimination and screening mechanism, only 1000 global products can be launched on the platform as first batch. These games will be connected with GSH gaming platform through the API interface, and will be paid via the double-layer encryption technology and the GSH wallet.

Future development of the GSH alliance

GSH will also further interact and will cooperate with other core blockchain based technology chains, including Qtum, Neo and so on. By this, it can realize the absolute safety of users, second payment transfer and reasonable monetary integration services, to achieve the goal of building a purely user oriented and product driven decentralized gaming platform.

Founder Introduction

Vincent Ghossoub
Vincent is CEO of Falafel Games, the Forbes' 2017 Top Innovators in the Middle East. It has served more than 2 million users in the Middle East across its games: * (first fully Arabic content MMO on the Arab Conquests), ** (first Strategy MMO game in MENA with cross-platform access web-iOS), (*** a modern war themed MMO RTS on iOS(, and **** (a football-themed PvP trivia game). It is backed by Middle East Venture Partners, Middle East Broadcasting Corporation, Abu Dhabi Media Authority, and iSME Holdings. Vincent is fluent in Mandarin, French, and Arabic, and holds a BE in Computer and Communications Engineering from the American University of Beirut and a MBA from China Europe International Business School in Shanghai.

Please visit www.gamecash.fund for more information.

For media queries, please contact:
GSH Foundation Official Email: cs@gamecash.fund

Some terms in this release are displayed in Arabic as indicated with asterisk. Please refer to the full release at http://www.media-outreach.com/release.php/View/5127/

Topic: Press release summary
Source: Game Cash


https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Yuanda China's 2025 Operating Revenue Surged 27% to RMB 2.8 Billion, with a Net Profit of RMB 0.35 Billion, turning losses into gains  
Apr 1, 2026 15:00 HKT/SGT
MHI President Eisaku Ito Offers Words of Encouragement to New Employees at the Company's 2026 Welcoming Ceremony  
Wednesday, April 1, 2026 12:35:00 PM
MHI Completes the Transfer Procedures for its Domestic Onshore Wind Power Business  
Wednesday, April 1, 2026 12:26:00 PM
VCREDIT Releases 2025 Full-Year Results  
Apr 1, 2026 10:29 HKT/SGT
Legend Holdings 2025 Annual Results: Both Revenue and Net Profit Rise  
Apr 1, 2026 10:17 HKT/SGT
Thunderstruck Resources Announces Strategic Investment by Zhaojin International Gold Co. Ltd.  
Apr 1, 2026 06:00 HKT/SGT
A Closer Look at Fosun International 2025 Annual Results: 'One-Off Risk Clearance' Paves Way for 'RMB10 Billion Profit'  
Mar 31, 2026 23:06 HKT/SGT
Toyota Motor Corporation aims to join Daimler Truck and Volvo Group as equal shareholder in the fuel cell joint venture cellcentric  
Tuesday, March 31, 2026 10:39:00 PM
GOME Retail Delivers Marked Improvement in 2025 Results  
Mar 31, 2026 21:36 HKT/SGT
Datavault AI and Coppercore Inc. Announce Tokenization of High-Grade Copper Resources into Coppercoin(TM)  
Mar 31, 2026 21:15 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2026 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575