CRYPTO CHAMPS::Worlds first trustless, decentralised fantasy sports platform powered by Ethereum smart contracts

bitcoinmux (30)in #cryptocurrency • 7 years ago

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Stats
ETH 22.9692
Total transaction volume
119
Active contracts
34
Contract holders

CryptoChamps Is powered by the Ethereum Blockchain. Every champion’s smart contract is UNIQUE and is possessed by one person at a time. As with most Blockchain projects, the smart contracts can be examined and interacted with freely so we have nothing to hide. Each champion is identified in one smart contract.

Each contract gains values after each transaction

The price of each contract increases with each transaction. When you buy a Smart Contract, watch out! Anyone can take it away from you by paying up to double what you paid.

If you buy a contract for 0.02 ETH, another player can snatch it away from you. Once that happens, you’ll automatically receive 0.04 ETH!

Price Increase
0.005 - 0.1 2X
0.1 - 1.39 1.5X
1.3 - 2.5 1.3X
2.5 - 6.24 1.2X
6.25+ 1.1X
To purchase a Smart Contract: Send Ether to the contract using Metamask. If someone wants to buy one of your current contracts, the buyer must pay you more than the amount of your original purchase.

To get started, you need to download Metamask here and you are good to go.

Coin Details

The champ coin initiative is an active way to distribute our revenue to stake holders. The champ coin can be resold as liked. At the end of every quarter, we will distribute our revenue according to the number of Camp coin you possess. We keep a ledger balance of your champ Coin earning and you get it when you demand for it. Anyone with Champ Coins in their Wallet can get a share of our earning.

Our Unique Solutions

Digital goods have seen real-world valuation, from World of Warcrafts gold farmers to the Steam platforms online marketplace (where users can buy and sell in-game items across their PCs video game collection). However, these niche instances are limited to video games and lack any security or protections. There have been numerous examples of hacking, cheating, or developers influencing the ecosystem and larger economy.
Digital collectibles hold immense potential, but they have not proven successful for three main reasons:

Central Issuing Authority.

When digital collectibles are created, and issued, and the most rare or popular collectibles identified, there is nothing stopping the creator from simply creating more. When this happens, it diminishes the value of the original collectibles, potentially making them worthless.

Our Solution :

We decided to build on the Blockchain. Every action taken can be viewed on the Blockchain. and because it is decentralised, no single person has control over the app once it is deployed. This way, we ensure integrity of the system and make sure the collectibles are unique.

Provider Dependency

The existence of a digital collectible is dependent upon the existence of the issuing authority. If a digital collectible is created and said creator ceases to exist, your digital collectibles also cease to exist.

Our Solution :

Blockchain. Once deployed, it is accessible to anybody if the rules of the contract are obeyed. We are just an interface for easy interaction with the contract. Anyone who understands Blockchain. technology can easily continue with the project even if we cease to exist, which is unlikely.

Standard value derivative for collectibles

It can be hard to create a value for collectibles. There can be disagreements on what a specific collectible is worth.

Our Solution :

We allow the law of demand and supply to set a pace for increment on the price of a collectible.

Development roadmap

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