HashFair: Decentralized dealer, an innovative feature set to revolutionize the industry

 




Introduction

As we step into the heart of the Web 3.0 era, the landscape of digital interaction continues to be revolutionized. One of the sectors at the forefront of this change is the online gaming industry. The evolution of gaming industry, particularly in the online games domain, has had a long, intertwined relationship with technological advancements. From the first electronic games half a century ago to the modern virtual reality experiences, technology has consistently driven the industry forward, birthing economies and experiences that were previously unfathomable.

In the current landscape of blockchain technology, smart contracts, and decentralized finance (DeFi), we're witnessing the beginning of a new era in the gaming industry. This era is dominated by decentralized applications (dApps) that advocate for fair play, transparency, and true ownership of digital assets, rewriting the rules of the online gaming. But as this transformation unfolds, it's clear that a rift is emerging between the traditional gaming community and the advocates of Web 3.0 technologies. Introducing for the first time a decentralized dealer, an innovative feature set to revolutionize the industry. This dealer operates autonomously, with no need for human intervention, marking a breakthrough in the gaming world. Additionally, leveraging the power of DeFi, we have ensured a pool of locked liquidity to provide continuous, immutable withdrawals. This pivotal shift guarantees a seamless gaming experience, bringing about a perfect blend of innovation and practicality in the gaming world.

Despite significant investments from prominent funds like Galaxy Interactive, Immutable, and a16z, mainstream gamers have shown mixed to negative responses to Web 3.0 gaming and its components like NFTs. This tension stems from a lack of trust - a central issue plaguing the online gaming industry, where opacity in games outcomes and the absence of a level playing field can lead to dissatisfied and disengaged players.

In the face of these evolving dynamics, we are thrilled to announce HashFair, a groundbreaking Web 3.0 based online games.


ABOUT HashFair

HashFair is an innovative online games platform pioneering the integration of Web 3.0 technologies within the gaming industry. Built upon the robust infrastructure of blockchain technology, decentralized finance (DeFi), and smart contracts, HashFair has introduced the world's first decentralized dealer. Operating autonomously on an immutable smart contract, this decentralized dealer is a groundbreaking feature that has the potential to revolutionize the online gaming landscape.

The Web 3.0 revolution, typified by blockchain technology, has brought about substantial changes in various sectors, including gaming. Web 3 games like HashFair are becoming increasingly popular for several reasons:
  1. Transparency: The openness of blockchain technology ensures that all transactions and game results are transparent and can be audited by anyone. In HashFair, the outcome is determined by transaction hashes on the blockchain, making it impossible to manipulate the results. This transparency builds trust among players, as they can verify the fairness of the game themselves.
  2. Ownership and Control: HashFair revolutionizes online gaming by integrating Web 3.0 wallets. Unlike traditional platforms, players play directly from their wallets, transferring funds to the game's smart contract. The contract autonomously manages fund distribution based on game outcomes, eliminating human intervention, and ensuring instant access to winnings. This creates a secure, transparent, and decentralized gaming experience, marking a new era in the industry.
  3. Interoperability: The digital assets in Web 3 games can often be used across different games or platforms. This interoperability is exciting for gamers because it extends the value and usability of their digital assets.
  4. Decentralization: Traditional games are usually controlled by a central authority or a company. If the company goes out of business or decides to shut down the game, players can lose everything. However, in decentralized Web 3 games, the game and its assets continue to exist on the blockchain regardless of what happens to the original developers or platform.
  5. Earning Potential: Web 3.0 games often incorporate play-to-earn models, where players can earn tokens or other rewards that have real-world value. This dynamic offers an entirely new way to engage with games, where players can not only have fun but potentially earn money too.
  6. Security: Blockchain technology offers enhanced security measures. The decentralized nature of the technology means it's extremely difficult for hackers to compromise the system.
  7. Community-Based: Web 3 games like HashFair often prioritize community engagement and decision-making. The players have a voice and can impact the future direction of the game through a democratic governance process. This creates a more inclusive environment, fostering a sense of camaraderie and connection among players.
  8. Profit Shared in Community: Another critical aspect of Web 3 games is the model of profit sharing. Instead of the profits being accrued solely by the game developers or the platform, they are distributed among the player community. This aligns the incentives of the players with those of the game itself, as the success of the game directly impacts the profitability for the players. This not only rewards players for their engagement but also fosters a sense of shared purpose and collaboration.
  9. Immutability: Finally, the immutability of blockchain technology is another key draw for players. Once data is written on the blockchain, it cannot be altered or tampered with. This immutability protects the integrity of the game, player transactions, and digital assets, providing an additional layer of security and trust.
Web 3 games like HashFair are reshaping gaming by leveraging transparency, ownership, interoperability, decentralization, and profitability. They foster user engagement through community interaction, profit-sharing, and immutable systems. With NFT integration and granting supervisory powers, HashFair is evolving gamers from mere players to influential stakeholders, making them integral to the game's progress and success. Essentially, this represents a future where gamers are at the core, directly influencing and benefiting from the gaming ecosystem.

Our vision is to revolutionize the online gaming industry by creating a transparent, secure, and innovative platform that offers an unparalleled gaming experience. We strive to be the leading destination for gamers worldwide, providing a diverse range of exciting games, powered by cutting-edge blockchain technology.

Games are Based on DAO Concept

At HashFair, we believe in the power of community-driven decision-making. That's why we have implemented a Decentralized Autonomous Organization (DAO) concept into our platform, ensuring that the control and governance of the ecosystem lie in the hands of our valued community members. 

Here's how you can actively participate and make a difference:
  1. DAO Governance: The DAO represents a community-led governance model where stakeholders have the ability to shape the future of HashFair. By staking our native token, you gain voting rights and the opportunity to contribute to key decisions that impact the platform. This inclusive approach ensures that every member of the community has a voice and can actively participate in the growth and development of HashFair.
  2. Participatory Decision Making: As a DAO participant, you have the power to propose and vote on various matters, including platform enhancements, new features, strategic partnerships, and more. Your stake in the native token not only gives you a say in these decisions but also fosters a sense of ownership and collective responsibility for the success of HashFair.
  3. Strengthening the System: By actively engaging in the decision-making process, you play a vital role in making the HashFair ecosystem more robust, resilient, and responsive to the needs of the community. Together, we can identify areas for improvement, address challenges, and implement innovative solutions that drive the platform forward.
  4. Transparency and Accountability: The DAO framework ensures transparency in decision-making as all proposals, voting records, and outcomes are recorded on the blockchain for public scrutiny. This transparency fosters trust within the community and enhances accountability for all participants.
  5. Rewarding Participation: Active participants in the DAO are not only shaping the future of HashFair but also benefiting from their contributions. As a token holder, you may receive rewards or incentives for actively participating in the decision-making process, creating a mutually beneficial ecosystem that values and rewards community involvement.
At HashFair, we recognize the importance of community empowerment and collective decision-making. By introducing the DAO concept, we provide a platform where every participant has a say in shaping the direction and success of our decentralized gaming ecosystem. Join us today, stake our native token, and become an integral part of the HashFair DAO. Together, let's create a stronger, more inclusive, and prosperous future for online gaming.

The Dealer Contract

The HashFair Dealer Contract is primarily responsible for managing the supply of HFG Tokens and distributing profits among NFT holders. However, it does not directly handle gaming round transactions. The gaming round transactions are typically handled by other contracts or components of the HashFair platform.

In the context of a gaming round, the Dealer Contract may be involved in the following ways:
  1. Token Transfer: When a player participates in a gaming round, they may need to transfer HFG Tokens to a specific contract or address to place their bets. The Dealer Contract can facilitate this token transfer by allowing players to interact with it and transfer their HFG Tokens to the appropriate gaming contract.
  2. Profit Distribution: After a gaming round is completed and profits are generated by the platform, the Dealer Contract receives a portion of these profits from the platform's profit calculation mechanism. The Dealer Contract then distributes a percentage of this profit (usually 1%) among the NFT holders according to their stake in the platform.
  3. Updating Token Balances: As profits are distributed to NFT holders, the Dealer Contract updates the token balances of each holder based on their share of the profit. This ensures that the NFT holders' HFG Token balances accurately reflect their earnings.
It's important to note that the specific implementation and details of gaming round transactions may vary depending on the architecture and design of the HashFair platform. The Dealer Contract's role in gaming round transactions would be defined by the platform's smart contract infrastructure and how it interacts with other components involved in gaming round operations.


Hashfair NFT

HashFair NFT: Lose the Bet, Win a Lifetime - Transforming Losses into Sustainable Earnings
  1. Dealer Contract (DC): This is the starting point of the flow. The dealer contract is where the profits are initially held. When it's time to distribute the profits, the dealer contract sends them to the staking pool.
  2. Staking Pool (SP): The staking pool receives the profits from the dealer contract. It's responsible for calculating the shares of each stakeholder based on the number of NFTs they have staked in the pool. The more NFTs a stakeholder has staked, the larger their share of the profits.
  3. Stake Holders (SH): These are the individuals or entities that hold NFTs and have staked them in the pool. They receive their share of the profits from the staking pool based on the number of NFTs they have staked.
  4. The cycle continues as stakeholders stake more NFTs in the pool, and the staking pool recalculates the shares whenever it receives profits from the dealer contract.
This flow ensures that the profits from the dealer contract are distributed fairly among the stakeholders based on their contribution to the pool (i.e., the number of NFTs they have staked).

An exciting aspect of HashFair's NFT token integration is that it also confers supervisory power to its holders. NFT owners will have a say in crucial decisions concerning the game's development, mechanics, or future updates. This model ensures that the community has a significant role in shaping the game's trajectory and fosters a deeper level of engagement between the players and the platform. The ability to influence the direction of the game transforms players from passive participants to active stakeholders in the HashFair ecosystem.

Token Details
Join us as we embark on this journey to revolutionize the gaming industry, bridging the gap between traditional gaming and the promise of Web 3.0 technologies. Welcome to the world of HashFair – where every player can experience fair play.


Official link below:



Author
Forum Username: Hayabuss

BSC Wallet Address: 0xc0C2d0810241bF8ccCC2C4C9a70E3a1934c0e455

Komentar

Posting Komentar

Postingan populer dari blog ini

Zorotoken

Gambar
  One project in the quick-paced world of cryptocurrencies is drawing interest from both enthusiasts and investors. With its forward-thinking outlook and creative approach to cryptocurrency investing, Zorotoken is paving the way for a successful foray into the realm of blockchain technology and digital assets. Unlocking the Road Map of Zorotoken Like any successful business, Zorotoken begins with a clearly defined plan. With three key phases and a 100 billion token supply, Zorotoken's path is well-mapped out and promises exciting potential for value creation. Phase 1: A Positive Start The first phase is the first step toward taking the Zoro Token to new heights; it runs from June 20, 2023, to August 31, 2023. 50 billion Zoro Tokens were issued at this time at a starting price of $0.000075, offering an alluring entry point for investors wishing to participate in the project's early phases. Phase 2: Increasing Trade Activity Using IEO Phase 2, which ran from October 10 to October
Baca selengkapnya

Paysenger makes another correspondence ethic and adapts correspondence.

Gambar
The world’s significant interpersonal organizations have fostered their calculations so one of a kind substance positions higher and is seen all the more frequently by clients. Notwithstanding, up to this point, crowds have not framed the assessment that they can adapt their own substance just as the substance made by others. An individual should try to understand that they are both a maker and a customer of other makers’ substance and that every other person is something very similar. Paysenger makes another correspondence ethic and adapts correspondence. With Paysenger, it turns out to be extremely simple to contact a media agent or take master exhortation. You can demand correspondence with a fascinating individual with regards to an advantageous arrangement like solicitation for a visit, a gathering, a video welcoming. Because of this assistance, you can cause to notice a message or a call by paying for it with fiat or EGO tokens. The media content got in answer messages can be cha
Baca selengkapnya

HashFair is an innovative online games platform Web 3.0

Gambar
  Introduction HashFair is an innovative online games platform pioneering the integration of Web 3.0 technologies within the gaming industry. Built upon the robust infrastructure of blockchain technology, decentralized finance (DeFi), and smart contracts, HashFair has introduced the world's first decentralized dealer. Operating autonomously on an immutable smart contract, this decentralized dealer is a groundbreaking feature that has the potential to revolutionize the online gaming landscape. Traditional online games platforms often rely on a centralized authority or a 'trusted third party' to maintain fair play, which can create a layer of opacity and mistrust. HashFair, however, disrupts this approach by providing an autonomous dealer that guarantees both the integrity of game outcomes and the immediacy of transactions. By leveraging blockchain technology, all game outcomes are transparent, traceable, and tamper-proof, which not only instills trust among gamers but also r
Baca selengkapnya