HashFair - Harnessing the power of blockchain to replace traditional trusted third parties with smart contracts.
Join HashFair, where players transform into decision-makers! 🎮✊ Dive into a gaming realm governed by its community, not corporates.
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.
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.
Hashfair NFT
"HashFair NFT: Lose the Bet, Win a Lifetime - Transforming Losses into Sustainable Earnings."
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).
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.
HashFair integrates the NFT token, giving the holder control over the game's evolution. This game-changing move makes players active stakeholders, driving unprecedented engagement within the HashFair ecosystem.
Blockchain Technology
The blockchain technology base lends itself to a new era of gaming, with components such as decentralization, security, tokenization and ownership all able to play a large role in changing games as we know them. Integrating NFTs and digital possessions that can be brought into games has major implications for gamers who value their in-game items. However, it can also provide the gaming industry with a new revenue stream. GameFi, P2E & Gaming Economies are also coming into play with blockchain-enabled Web3 games. This new dynamic is to the liking of gamers, but also a huge boon for game makers and developers.
HashFair leverages the power of blockchain to replace traditional trusted third parties with smart contracts. This autonomous agent automatically rewards all major contributors, from game developers and referrers to independent platform operators critical to game discovery. Our state-of-the-art systems can create a market for less decentralized permissions for game developers and develop many independent front-end platforms where players can discover and engage with games that are truly fair and no one can ask questions about the integrity and the randomness of these games.
Traditional online gaming platforms have long struggled with issues of trust, fairness and lack of player involvement. However, HashFair aims to address these challenges head-on by leveraging the power of blockchain technology and the principles of decentralization. By utilizing blockchain's immutable ledger and cryptographic algorithms, HashFair guarantees transparent and tamper-proof gaming outcomes. Each game result is derived from blockchain hash values, ensuring that every play is fair, provable, and beyond manipulation. Players can now trust that their gaming experience is governed by a decentralized and trustless system.
What really sets HashFair apart?
HashFair's unwavering commitment to user control and ownership in the Web3 decentralized gaming realm. By integrating blockchain technology, HashFair gives players complete control over their funds and assets in their own decentralized Web 3.0 wallet. Gone are the days of relying on middlemen or worrying about the security of funds. HashFair empowers players by putting control back into their hands, offering a safe and empowering gaming experience like never before.
At the heart of HashFair's innovation is the introduction of the world's first decentralized dealer. Operating independently of smart contracts, this groundbreaking feature is revolutionizing the gaming industry by removing the need for human intervention and ensuring true fairness in gameplay. The decentralized dealer guarantees impartial gaming results, offering a level playing field for all players. By eliminating the influence of middlemen and centralized control, HashFair ensures an unparalleled gaming experience where trust is inherent and fairness prevails.
But HashFair goes beyond transparency and fairness. It actively encourages player participation through a unique governance model. Token holders have the opportunity to actively shape the development and direction of the platform. By holding tokens, players become integral stakeholders, with the power to influence key decisions regarding game development, mechanics, and future updates. This community-driven approach fosters collaboration and inclusivity, empowers players and creates a vibrant ecosystem where everyone has a voice.
HashFair, the innovative Web3 decentralized gaming platform, is set to change the world of online gaming with its cutting-edge technology and innovative approach. Offering unparalleled transparency, fairness and user control, HashFair presents itself as the best solution for gamers looking for an immersive and rewarding online gaming experience.
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.
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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 : siska55
- Bitcointalk profile Link: https://bitcointalk.org/index.php?action=profile;u=1662258
- Polygon wallet address: 0x77297ff822f498Fe57698EaB1c1edE3dE21e154f