Hashfair Established the First Blockchain, Defi and Smart Contract Decentralized Dealer
About Hashfair
HashFair is a cutting-edge online gaming platform that was among the first to implement Web 3.0 features in the gaming sector. HashFair has introduced the first decentralized dealer in the world, based on the solid foundation of blockchain technology, decentralized finance (DeFi), and smart contracts. This decentralized dealer, which runs independently on an immutable smart contract, is a game-changing innovation with the potential to completely alter the face of digital gambling.
Traditional online gaming platforms often use a centralized authority or 'trusted third party' to ensure fair play, which can cloud matters. However, HashFair challenges this conventional wisdom by introducing a decentralized dealer that ensures both fairness in game results and swiftness in financial dealings. Blockchain technology verifies and cannot change gaming results, fostering player trust and eliminating the need for a governing body.
HashFair also differentiates from online gaming's 'provably fair' and 'Random Number Generator (RNG)' approaches. While 'provably fair' systems give some transparency and RNG models provide unpredictability in game outcomes, they both function inside a centralized framework, entrusting one institution with fair play. HashFair masterfully combines the benefits of both approaches while reducing centralization. The game environment is provably and transparently fair.
A HashFair Dream
"How Blockchain Technology Is Changing Online Gambling."
Our mission is to provide players with a safe, user-friendly, and cutting-edge online gaming environment that will change the face of the industry forever. We want to be the go-to place for gamers all around the world by delivering a broad variety of engaging games enabled by state-of-the-art blockchain technology.
Mission of HashFair
Empowering Players with Transparency, Trust, and Memorable Games.
Hash Fair aims to be a reputable and innovative online gaming platform. Our decentralized smart contracts and secure payment mechanisms provide fairness, transparency, and integrity for our users. Innovation and continual development motivate us to build a dynamic and active community. Technology, user-centric design, and great gameplay aim to change online gaming by creating an immersive, fun, and responsible experience for everybody.
HashFair's Pristine Features
HashFair's decentralized and transparent gaming environment distinguishes us from centralized online gaming platforms. Here's a comparison and SWOT analysis of why HashFair is better:
Honesty and confidence:
• Players in a centralized system have no way of independently verifying the results and must rely on the operator's word that they are fair and transparent.
• Here at HashFair, we use blockchain technology to guarantee honesty and openness. Decentralized smart contracts determine the results of all games, creating an immutable log of fairness that can't be altered.
Safety and Management:
• Risks, such as hacking or manipulation of player funds, are increased on centralized platforms since players must deposit and maintain their assets there.
• By giving participants access to their own decentralized Web 3.0 blockchain wallets, HashFair reduces the danger of fund loss while boosting security.
Absolute Ground Laws of Play:
• It is possible to modify or manipulate the game rules in a centralized system, which can have an adverse effect on the fairness of the games.
• HashFair's game rules are defined on decentralized smart contracts to ensure they are immutable and open to all players. The regulations will always be administered the same way, guaranteeing a level playing field for all players.
Equal Sharing of Gains:
• In a centralized system, the operator keeps the majority of the money made by the platform, and the participants get very little of it.
• We think success should come from inside the group. Eighty percent of HashFair's earnings go into a special NFT pool for the good of the community. To further boost the value for token holders, 20% of earnings are burnt.
The HashFair Algorithm
Web 3.0 and blockchain technology, as used in platforms like HashFair, provide a number of potential answers to issues plaguing conventional MMORPGs:
Our strategy employs a random number generator based on the Polygon Chain hash to determine the outcome of games. Polygon Chain hashes provide an unalterable and public source of randomness. By including this hash into the game's algorithms, we can ensure that the results are random, fair, and unaffected by any form of manipulation.
Transparency: The use of blockchain technology helps maintain transparency since each transaction and game result may be recorded on a public ledger that anybody is free to examine. Players are able to independently validate the integrity of the games they play because to the open and decentralized ledger of transactions.
Improved Safety: Blockchain uses sophisticated cryptographic algorithms to protect all financial transactions and user information, making hacking nearly impossible. The elimination of a single target for attacks is another benefit of decentralization.
Quick Deposits and Withdrawals: The blockchain's smart contracts can streamline the money transfer and withdrawal procedure. This makes things go more smoothly for users by cutting down on wait times, expenses, and the possibility of human mistake.
Free-Roaming Games: Since decentralized games are not controlled by a central authority, they are not subject to the geographical limits that plague conventional online games. Players are still responsible for adhering to any regulations in their jurisdiction that prohibit online gambling, so please keep that in mind.
Secrecy and Anonymity: HashFair is a blockchain-based game where users may play without disclosing any personal information.
Unchangeable and Verifiable: The blockchain keeps an immutable record of all transactions and outcomes in all games, making the system more trustworthy by making it possible for anybody to verify the data.
Distributed Wallets: Using decentralized Web 3.0 blockchain wallets, HashFair customers may keep full access to their cash at all times. Giving participants full access over their money eliminates the possibility of misappropriation of funds or withdrawal restrictions imposed by centralized platforms.
Traditional Game Play: Our game's rules are written indelibly into blockchain-based smart contracts, making them immune to modification. In this way, everyone is playing by the same rules, and no one has an unfair advantage over another.
Involvement in the Community: HashFair encourages player participation and feedback. We offer a forum where people may share their thoughts and ideas for the ecosystem's future development. Users are given more agency and a shared space is established through our emphasis on community building.
Equal Sharing of Gains: We have set up a special NFT pool where 80% of the platform's revenues are shared among the users. This guarantees that people that contribute to the ecosystem in a meaningful way are rewarded for their efforts.
In a nutshell, HashFair is not only the company that is ushering in the next stage of development for online gaming, but it is also the company that is redefining the norm for trustworthiness and fairness in the sector. It is establishing a gaming ecosystem that is both secure and interesting by utilizing the most advantageous aspects of blockchain technology, DeFi, and smart contracts. This is made possible by the introduction of the world's first decentralized dealer. This forward-thinking concept promises to catapult the gaming ecosystem into the future by providing its participants with an experience that is open and transparent, self-sufficient, and extremely rewarding for their efforts.
For more information visit:
Website: https://hashfair.io/
Telegram: https://t.me/HashFairGames
Whitepaper: https://docs.hashfair.io/
Medium: https://medium.com/@hashfairgames
Twitter: https://twitter.com/Hashfair_Games
Facebook: https://www.facebook.com/hashfairgames
Youtube: https://www.youtube.com/channel/UCt_4P2eqk0Jsn5MNsWapqcA
Reddit: https://www.reddit.com/r/Hashfair/
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