HashFair is not just pioneering the next evolution in online gaming but is also reinventing the standard of fairness and trust in the industry.
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 removes the need for a central authority.
Moreover, HashFair differs significantly from conventional 'provably fair' and 'Random Number Generator (RNG)' models prevalent in the online gaming domain. While the 'provably fair' systems provide a certain degree of transparency and the RNG models ensure unpredictability in game outcomes, they both operate within a centralized framework, thereby inherently entrusting a single entity with the responsibility of fair play. HashFair skillfully integrates the best features of both these models while eliminating their shared drawback of centralization. The result is a gaming environment that is not just provably fair but also visibly fair.
In addition to this, HashFair addresses common pain points in traditional online gaming, such as delays in withdrawals and the risk of funds getting stuck due to centralized controls. By leveraging the power of DeFi and smart contracts, HashFair ensures a pool of locked liquidity, facilitating seamless, immediate, and immutable withdrawals. The decentralization of game outcomes and payments also significantly reduces the risk of funds being stuck or confiscated, thereby cultivating trust among gamers and fostering a more secure and robust gaming ecosystem.
HashFair's profitability also plays a significant role in enhancing the value of its native HF tokens. A unique deflationary mechanism is in place, whereby the profits generated from the gaming operations are used to buy back HF tokens from the open market. Once bought, these tokens are permanently removed from circulation or 'burned.' By reducing the total supply of HF tokens over time and maintaining or increasing the demand, this mechanism leads to an appreciation in the token's value, benefiting all HF token holders.
In summary, HashFair is not just pioneering the next evolution in online gaming but is also reinventing the standard of fairness and trust in the industry. With the world's first decentralized dealer, it is building a gaming ecosystem that is both secure and engaging, harnessing the best elements of blockchain technology, DeFi, and smart contracts. This innovative model promises to propel the gaming ecosystem into the future, offering an experience that is transparent, autonomous, and immensely rewarding for its participants.
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:
- 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.
- 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.
- 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.
- 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.
- 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.
Why Hashfair?
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:
- 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.
- 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.
- 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.
- 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.
- 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.
- Security: Blockchain technology offers enhanced security measures. The decentralized nature of the technology means it's extremely difficult for hackers to compromise the system.
- 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.
- 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.
- 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.
Hashfair NFT
- 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.
- 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.
- 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.
- 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).
HashFair 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:
- 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.
- 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.
- 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.
Join HashFair today and be part of the future of online gaming, where users are not just players but active contributors and beneficiaries of our community-driven platform. Together, we will revolutionize the industry, shaping a gaming experience that truly reflects the desires and interests of our community members.
#HashFairGames #HashFair #HFG #blockchain #cryptocurrency #technology #bitcoin #money #crypto #Binance #BNB #cryptocurrencies #fintech @Hashfair_Games
For More Information:
- Website: https://hashfair.io/
- Twitter: https://twitter.com/hashfair_games
- Facebook: https://www.facebook.com/hashfairgames
- Reddit: https://www.reddit.com/r/Hashfair/
- Medium: https://medium.com/@hashfairgames
- Github: https://github.com/thehashfairgames
- Youtube: https://www.youtube.com/@hashfairgames
- Whitepaper: https://docs.hashfair.io/
Author
Forum Username: _Renimbi
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3447661;sa=summary
BEP-20 Wallet Address: 0x22E18A53e0E0BE71afa7DAa89EC0BF8bc960846E
Komentar
Posting Komentar