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HashFair: introducing the world's first decentralized dealer! Experience the thrill of playing your favorite game with complete transparency and fairness.





 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 the 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 game outcomes and the absence of a level playing field can lead to dissatisfied and disengaged players.

What is 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 game 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 purchased, 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.

The Dealer Contracts

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 batch. 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.P
  2. rofit 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.U
  3. pdating 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.

Token Details

#HashFair #BlockchainRevolution #HashFairDAO #Innovation #polygongaming #HFG #Polygon #SmartContracts #ProfitDistribution #polygonchain


HashFair Official Link


Author
Forum Username: Bistrex
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3346526
Telegram Username: @biistrex
Polygon Chain Wallet Address: 0xD07B92206c357Aa009545266e99cfD1Deb01Af88

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