ScamCrypto Forum Forums Scam Reports and Alerts Gamin.io: Exposing the GPU Power Scam

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      Recently, the token “GMRX” also known as “DPIN Hero” was listed on major exchanges such as Bybit, KuCoin, Gate, and MEXC. Within three months, the price plummeted from $0.06 to $0.0018, a 99.20% drop. Gamin.io appears to be a scam targeting the crypto community based on a BBB complaint.

      • Amount Lost: $2000
      • Scammer Email: admin@gamin.io
      • Scam Type: Cryptocurrency

      If this project has also scammed you, please share your story to help warn others.

      Stay vigilant and always research thoroughly before investing.

      Domain Analysis

      The domain gamin.io was registered on January 5, 2022, and will expire on January 5, 2025. Tool Domains Ltd. is the registrar responsible for this domain, which is hosted by Amazon Technologies Inc. in Frankfurt, Germany. The registrant’s details are private, and all contact information has been redacted for privacy.

      The domain has minimal online presence and backlinks, indicating that it might have been set up primarily for this fraudulent activity without a legitimate business footprint. The scam’s anonymous nature and the privacy-shielded domain registration make it challenging for authorities and victims to pursue legal action.

      Gamin.io Review

      The domain gamin.io is currently listed for sale, with its purchase being facilitated by Seo.Domains.

      Gamin Reviews

      The website gamin.io has been highlighted in various articles and discussions, including a market analysis and project review on Medium by Jordan dated September 3, 2019. The review noted the project’s strong team, proven concept, and significant market potential. Specifically, Gaimin.io aimed to harness gamers’ dormant GPU processing power to create value, promising seamless integration of their GMRX token within the gaming ecosystem.

      The Medium article praised the project for having “a proven concept, strong investment potential, and a very active and experienced team.” It detailed the potential market, emphasizing that the global gaming community represents a vast, untapped resource of GPU power, with 1.3 billion gaming PCs worldwide. Gaimin.io aimed to capitalize on this by incentivizing gamers to utilize their idle GPUs, generating GMRX tokens. According to the Medium article, the project had a detailed roadmap and had met all its milestones ahead of schedule.

      Bottom Line

      In conclusion, the rise and abrupt transition of gamin.io from an ambitious cryptocurrency project to a domain for sale raises significant concerns.

      The initial promise of harnessing dormant GPU power and integrating seamlessly into the gaming ecosystem captivated many. However, the subsequent collapse and the domain’s current status suggest a more troubling narrative.

      The lack of transparency, the swift shift to a high-priced domain sale, and the apparent abandonment of the project indicate a high likelihood of a scam.

      While some may have initially believed in the project’s potential, the evidence now points to a scheme that has left many investors and users in the lurch. It is a stark reminder to approach such ventures cautiously and conduct thorough due diligence before committing resources.

      If you have been affected, sharing your experience can help others avoid similar pitfalls and contribute to holding such entities accountable.

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