HashFair is an innovative online games platform pioneering the integration of Web 3.0 technologies within the gaming industry.

 

Introduction

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.

This innovative approach guarantees a gaming environment where trust is an established premise, and fair play is the norm. Constructed on the sturdy architecture of blockchain and smart contracts, HashFair goes beyond providing secure and transparent transactions. It also equips gamers with the ability to participate in, validate, and shape the gaming ecosystem, fostering an interactive and inclusive environment.

HashFair marks a distinctive departure from the ‘provably fair’ concept that is prevalent in the online games space. While ‘provably fair’ systems do offer a certain degree of transparency, they still operate within a centralized model, entrusting a single entity with the responsibility of fair play. HashFair, on the other hand, leverages decentralization to its full potential, ensuring absolute transparency and autonomy through its blockchain-based framework and decentralized dealer smart contracts.

HashFair harnesses the power of blockchain to replace the traditional trusted third party with smart contracts. These autonomous agents automatically reward all key contributors, from game developers and referrers to operators of independent platforms essential for gaming discovery. Our advanced system can create a marketplace for permission less decentralize games developers and foster a multitude of independent front-end platforms where players can discover and engage with games that are undisputedly fair and no one can raise a question on integrity and randomness of these games.

What really sets HashFair apart?

Games are Based on DAO Concept

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’s 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.

Hashfair NFT

HashFair NFT: Lose the Bet, Win a Lifetime – Transforming Losses into Sustainable Earnings.

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

The Dealer Contract

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. 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.
2. 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 bets. 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.
3. 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.

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.

Comparison of Web2 and Web 3 Online Games

Our approach focuses on implementing a transparent and verifiable system based on block hashes, ensuring fairness and integrity in the generation process. This section provides an in-depth exploration of the key points of comparison.

1. Randomness and Fairness:

1. Ongoing Game: Most games employ random number generators (RNGs) to determine game outcomes. However, the underlying algorithms and mechanisms used in these apps may lack transparency and fail to provide users with robust verifiability of the generated numbers. Consequently, concerns about fairness and the potential for manipulation can arise.
   2 Hash Fair System: Our proposed Hash Fair System addresses the challenge of randomness and fairness by utilizing block hashes. These hashes, obtained from an unbiased and auditable source, undergo a rigorous transformation process that ensures a transparent and secure derivation of roulette wheel numbers. By leveraging cryptographic principles and mathematical techniques, our system guarantees fairness and mitigates the possibility of manipulation.

2. Security and Transparency:

1. Ongoing Game: Security and transparency of the RNG algorithms employed in ongoing game may vary significantly. Some apps lack proper audit mechanisms or fail to offer users visibility into the underlying processes, potentially undermining trust and confidence in the generated outcomes.
   2 Hash Fair System: Our Hash Fair System places paramount importance on security and transparency. By leveraging block hashes, which are generated in a decentralized and publicly auditable environment, our system provides an enhanced level of transparency. The transformation of these hashes into numerical values follows well-defined and verifiable procedures, ensuring the integrity and security of the derived roulette wheel numbers.

3. Verifiability and Trust:

1. Ongoing Game : Ongoing game typically rely on third-party RNG providers or proprietary algorithms for generating random numbers. However, users often lack the means to independently verify the fairness and reliability of these outcomes, leading to concerns regarding the verifiability and trustworthiness of the generated results.
2. Hash Fair System: The Hash Fair System we propose empowers users with the ability to independently verify the fairness of the derived roulette wheel numbers. Through transparent and auditable transformation processes from block hashes to numerical values, users can gain confidence in the integrity of the generated outcomes. This verifiability fosters trust and enhances the overall user experience.

4. Implementation Complexity:

1. Ongoing Games : Implementing random number generation in games typically involves integrating existing RNG algorithms or relying on third-party providers. While this simplifies the development process, it may restrict customization options and control over the randomness generation mechanism.
2. Hash Fair System: Implementing our Hash Fair System entails developing custom algorithms and methodologies to transform block hashes into numerical values and map them to roulette wheel numbers. This approach introduces additional complexity but offers greater control and customization possibilities. Consequently, our system provides a tailored and transparent solution, allowing for meticulous management of the randomness generation process.

Conclusion:

Our proposed Hash Fair System offers distinct advantages over ongoing games in terms of randomness, fairness, security, transparency, verifiability, and trust. By leveraging block hashes and implementing transparent and auditable transformation processes, we ensure a fair and trustworthy derivation of roulette wheel numbers, thereby enhancing the gaming experience for users.

#HashFairGames #HashFair #HFG #blockchain #cryptocurrency #technology #bitcoin #money #crypto #Binance #BNB #cryptocurrencies #fintech @Hashfair_Games

For More Information:

• Website: https://hashfair.io/
• Twitter: https://twitter.com/hashfair_games
• Facebook: https://www.facebook.com/hashfairgames
• Reddit: https://www.reddit.com/r/Hashfair/
• Meddium: https://medium.com/@hashfairgames
• Github: https://github.com/thehashfairgames
• Youtube: https://www.youtube.com/@hashfairgames
• Whitepaper: https://docs.hashfair.io/

Author

Forum Username: IPregistration

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3457659

BSC Wallet Address: 0x38e7B14ae5Ef6A615d625665efa91df1b1290B19