GamerCoin
GHX
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
GHX (GamerCoin) functions as the utility and governance token of the GamerHash platform, an AI DePIN network operated by Malta-registered entity CoinAxe Ltd. The project demonstrates moderate development momentum (6.5/10) through documented roadmaps and transition toward AI compute utility, backed by a publicly identified leadership team (6.0/10) with legitimate regulatory registration under the Malta Financial Services Authority (MFSA). However, the project faces notable headwinds across multiple operational areas. In security (3.5/10), the documentation explicitly confirms that public smart-contract audit reports are not published or linked despite multi-chain deployments across Ethereum, BNB Chain, and Solana, though no hacks or exploits were identified. Market and adoption indicators (3.5/10) reflect micro-cap status ($3.5M-$8.1M market cap), thin liquidity, and severe price drawdowns. Additionally, community engagement (3.5/10) remains modest with centralized corporate governance rather than a functional DAO, and tokenomics (5.5/10) are constrained by ~22.5% insider allocations and unverified vesting specifics despite past token burns. With no qualifying catastrophic red-flag events, the overall evaluation directly reflects the mathematical weighted average of all six scored sections.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About GamerCoin (GHX)
GamerCoin (GHX) is the native utility and governance token of the GamerHash platform, an artificial intelligence Decentralized Physical Infrastructure Network (DePIN) operated by Malta-registered entity CoinAxe Ltd. Native to Ethereum as an ERC-20 token, GHX also maintains bridged deployments on BNB Chain and Solana. The project shifted its operational focus toward decentralized AI compute sharing and GPU monetization following the shutdown of its earlier mining services.
Within the GamerHash platform, GHX is utilized for GPU compute earnings, platform store transactions, tier multipliers, liquidity mining, and multi-chain staking. The token features a fixed maximum supply model reported between 808 million and 880 million GHX, supported by historical burns totaling 72 million tokens between 2021 and 2022 alongside recurring fee burns generated from platform store purchases and AI compute features.
Governance remains centralized under CoinAxe Ltd and executive leadership, including CEO Patryk Pusch and CMO Artur Pszczółkowski, without an active on-chain decentralized autonomous organization (DAO). Although the whitepaper is registered with the Malta Financial Services Authority (MFSA), official project documentation confirms that public smart-contract audit reports are not published or linked for its multi-chain bridge and token contracts. In secondary markets, GHX trades as a micro-cap asset with constrained liquidity and has experienced a severe price drawdown of approximately 70% to 80% from its 52-week high.