HashFair: Introducing for the first time a decentralized dealer, an innovative feature set to revolutionize the industry.

 

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.

Global Market Size

HashFair aims to make a significant impact on the global online gaming landscape, targeting a user base of 15 million gamers worldwide by 2025. With an ambitious YOY growth rate of 30%, we envision substantial expansion and widespread adoption of our platform. By continuously enhancing the user experience, prioritizing transparency, and fostering a vibrant community, we are confident in achieving our goal of becoming the platform of choice for millions of online gamblers globally.

While HashFair is poised to make a significant impact on the online gaming market, it is essential to acknowledge that market size and share are influenced by various factors. These include our ability to differentiate from competitors, the demand for decentralized and provably fair games, and the overall adoption of blockchain technology and cryptocurrencies. While we have set ambitious goals, specific figures and forecasts require ongoing analysis and assessment. As we continue to innovate and attract users with our transparent and innovative platform, we aim to capture a substantial market share and drive significant growth in the coming years

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

Games are Based on DAO Concept

HashFair: Power to the Players - Transforming Gaming with Decentralization and Shared Prosperity.

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 how you can actively participate and make a difference:

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.

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.
2. 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.
3. 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.

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.

Security and Risk Mitigation

In HashFair, the safety of user information, funds, and gameplay is of utmost importance. Here are the measures they undertake for Security and Risk Mitigation:

1. Blockchain Security: Being a decentralized platform, HashFair operates on Polygon Chain, renowned for its robust security features. It ensures transactions are secure and transparent, leaving no room for tampering.
2. Cryptographic Security: The use of cryptographic hash functions in determining game outcomes assures players of the fairness and transparency of the games. The unpredictability and immutability of the hash functions make it impossible to manipulate game results.
3. Smart Contract Audits: To ensure the integrity of the platform, HashFair conducts regular audits of its smart contracts. This helps to identify and rectify potential vulnerabilities, further enhancing the platform's security.
4. Risk Monitoring: HashFair actively monitors the platform for any unusual activities or threats. It also has robust risk management policies in place to quickly address and mitigate any potential risks.
5. User Education: HashFair believes in empowering its users with knowledge about potential scams and phishing attacks. It educates its users on the best practices to secure their accounts and be vigilant against potential threats.

Token Details

• Name: HashFair
• Symbol: HFG
• Total Supply: 2,000,000,000 HFG
• Contract Address: https://polygonscan.com/token/0x681E04eA8F903da45A6520eE1e5F4B21b4503fcf
• Blockchain: Polygon Mainnet

Join us as we embark on this journey to revolutionize the gaming industry, bridging the gap between traditional gaming and the promise of Web 3.0 technologies. Welcome to the world of HashFair – where every player can experience fair play.

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HashFair Official Link

• 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
• White paper: https://docs.hashfair.io/

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