HashFair: Introducing a breakthrough concept to the online gaming industry, through DAO governance, and the world's first decentralized Dealer.

in #hashfair11 months ago

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Introduction

HashFair is an innovative online gaming platform that pioneered the integration of Web 3.0 technologies in the gaming industry. Built on a robust infrastructure of blockchain technology, decentralized finance (DeFi), and smart contracts, HashFair has introduced the world's first decentralized dealer. Operating autonomously with immutable smart contracts, this decentralized dealer is an innovative feature that has the potential to revolutionize the online gaming landscape.

Traditional online gaming platforms often rely on centralized authorities or 'trusted third parties' to maintain fair play, which can create layers of ambiguity and mistrust. HashFair, however, disrupts this approach by providing autonomous dealers who guarantee the integrity of game results and the immediacy of transactions. By leveraging blockchain technology, all game results are transparent, traceable and tamper-resistant, which not only instills trust among gamers but also removes the need for a central authority.

HashFair marks a distinct departure from the 'provably fair' concept prevalent in the online gaming space. While 'provably fair' systems do offer a certain level of transparency, they still operate in a centralized model, entrusting a single entity with the responsibility of fair play. HashFair, on the other hand, makes the most of decentralization, ensuring absolute transparency and autonomy through a decentralized blockchain-based framework and dealer smart contracts.

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 randomness of these games.

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. 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.

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. 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.

At HashFair, we firmly believe in the power of community-driven success. Our platform gives every community member the opportunity to contribute their ideas, insights, and expertise to shape the future of our gaming ecosystem. Through the DAO governance model, users can actively participate in decision-making processes, propose enhancements, and vote on crucial matters that impact the platform's development.

But it doesn't end there. At HashFair, we are committed to sharing the fruits of our success with the very community that drives our growth. Profits generated by our gaming application are distributed among our community members. By actively participating in the ecosystem, users are rewarded with a share of the profits, ensuring that success is collectively celebrated.

This unique approach sets us apart from traditional online gaming platforms, where decisions are made by a select few, and profits are predominantly retained by the operators. At HashFair, we believe that our community should have a significant say in the direction and operation of our platform, and they should be duly rewarded for their contributions.

With our user-centric DAO governance and profit distribution model, we are redefining the online gaming industry, placing the power and control in the hands of the community. This revolutionary system fosters a sense of ownership, collaboration, and shared success, building a stronger and more vibrant gaming ecosystem.

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.

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

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
Bitcointalk Username: Grendy
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2280016
Telegram Username: @grendy2
Polygon Chain Wallet Address: 0x69cc5E1078374E8915938f76bE99e381213c01E5

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