Cyclops Game – A Hybrid DeFi Project with Advanced Gaming Solutions
Blockchain is a disruptive technology that disrupts how traditional platforms have been working. The technology mainly concentrated on the financial market via cryptocurrencies.
In recent years, the relevance of blockchain technology led to the in-roads of some blockchain-powered platforms into other sectors of the economy.
The gaming industry is the latest beneficiary of the largesse of the blockchain industry. Cyclops Game is a hybrid Decentralized Finance (DeFi) project/platform that aims to provide the gaming industry with advanced solutions.
With these solutions, you are confident of having access to a variety of games that are not only user-centric but are also decentralized.
The Decentralized Architecture
Cyclops Game is using a decentralized framework for the platform because of the impressive performance of blockchain over the last couple of years.
The idea is to facilitate the migration of existing gaming platforms to a decentralized architecture where the players would enjoy better gaming innovations.
For that reason, Cyclops Game has developed a hybrid platform that includes asset identification via Non Fungible Tokens (NFTs), and Decentralized Finance (DeFi) yield farming.
This hybrid decentralized gaming platform would be used across a range of game developments, including the steps to hybridize conventional games to interact with blockchain technology.
Hephaestus Network
The broader Cyclops Game ecosystem is also committed to setting up a system that allows for convenient game development, and deployment.
That prompted the need for creating the Hephaestus Network – an inclusive marketplace for game assets.
In this all-in-one marketplace, you can have access to a variety of game tools, including trading game assets.
For every game asset you buy and trade, the value of such an asset would be impacted. For example, if you are trading non-speculative assets, you rest assured that the value/price would be impacted either in the short-term or the long-run.
That is possible because of the non-speculative undertone of those game assets that trigger the pegging of the assets’ value to the price-demand curve.
So, when the demands are low, the price/value would fluctuate. Likewise, you should expect an uptrend if the demand for the game asset is increasing.
How Cyclops Game Connects Conventional Games to Blockchain
The fact that Cyclops Game is a hybrid DeFi platform means that it can function both ways. That is, it can be applied in both the conventional/real-world game industry, as well as in the decentralized community.
Now, the major connection between both worlds is via the Layer 2 infrastructure used on the broader Cyclops Game ecosystem.
This connection goes the extra mile to make it easier for decentralized games to be developed on the blockchain network.
At the same time, you can back on the Layer 2 infrastructure to create a hybrid system that makes it possible for traditional games to be migrated to the blockchain network. The only difference here is that those traditional/conventional games would be partly decentralized because they weren't decentralized in the first place.
Conclusion
Cyclops Game changes how games are developed by integrating dual architecture that works for both decentralized and non-decentralized ecosystems.
USEFUL LINKS:
Project website: https://cyclops.finance/
Website: https://cyclops.game/
Discord: https://discord.com/invite/dbuEXdm
Media: https://medium.com/@cyclopsgames
Twitter: https://twitter.com/CyclopsFinance
Telegram: https://t.me/CyclopsFinance
Github: https://github.com/CyclopsFinance
Uniswap link: https://info.uniswap.org/token/0xbd05cee8741100010d8e93048a80ed77645ac7bf
Uniswap transaction link: https://app.uniswap.org/#/swap?outputCurrency=0xbd05cee8741100010d8e93048a80ed77645ac7bf
AUTHOR’S DETAILS
Bitcointalk Username- Chadvjcky
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2848910;sa=summary