HASHFAIR NFT - HashFair introduces a groundbreaking concept to the online gaming industry

 





Community Governance and Profit Sharing betweenunity members


HashFair introduces a groundbreaking concept to the online gaming industry, offering an unprecedented level of user engagement and empowerment. Unlike any other platform, we have pioneered an innovative system where users actively participate in the creation and governance of our online gaming application through DAO (Decentralized Autonomous Organization) governance.

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 NFT


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




  1. 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. 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. 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. 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).


💪Supervisory Power


Table of NFT Ownership: Price, Multiplier and Supervisory Power.



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.



Global Market Size



HashFair aims to make a significant impact on the global online gming 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 continually 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


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. 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. 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. 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. 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. 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.




Through these measures, HashFair ensures a secure and reliable platform for its users to enjoy online games with peace of mind.



Legal and Compliance Considerations



  1. 1.Licensing: HashFair seeks to operate under the necessary licenses from relevant authorities. This ensures they can legally offer their services to users in different jurisdictions.
  2. 2.Regulatory Compliance: HashFair commits to staying up-to-date and compliant with all relevant regulations in the online gaming industry, including data protection laws, anti-money laundering (AML).
  3. 3.Smart Contract Compliance: As a blockchain-based platform, the smart contracts that HashFair employs will be designed to be compliant with the legal frameworks governing blockchain technology.
  4. 4.Player Protection: HashFair aims to align its policies with responsible gaming principles to protect players. This includes enforcing minimum age requirements, promoting responsible gaming, and providing self-exclusion tools.
  5. 5.Privacy Policies: Given the sensitivity of user data, HashFair will implement comprehensive privacy policies compliant with global data protection regulations. Users' personal and transactional data will be stored and processed in a manner that respects their privacy rights.
  6. 6.Jurisdictional Considerations: Online gaming laws vary widely across different jurisdictions. HashFair plans to tailor its operations in line with the specific legal requirements of the markets they serve. This may involve restricting access in countries where online gaming is prohibited.
  7. 7.Transparency: In line with the principles of blockchain technology, HashFair is committed to maintaining a high level of transparency in its operations. This includes open communication with users and authorities about its processes and any changes to its terms of service.
  8. 8.Dispute Resolution: HashFair intends to provide clear procedures for users to lodge complaints and resolve disputes, in compliance with consumer protection laws.

As a decentralized, ownerless DAO (Decentralized Autonomous Organization), HashFair operates differently from traditional games. Its primary responsibility is to the community, which governs its operations and shares in its success. Here are the key considerations that guide HashFair's operation:

  1. 1.Decentralized Licensing: While traditional online games require licenses from various jurisdictions, HashFair operates in a decentralized framework. This means its services are underpinned by smart contracts and blockchain technology rather than being governed by a single jurisdiction.
  2. 2.Smart Contract Compliance: The smart contracts that drive HashFair are designed to comply with the broad legal frameworks that govern blockchain technology.
  3. 3.Community Protection: HashFair seeks to protect its community by aligning with responsible gaming principles. This includes ensuring the integrity of the gaming process and providing mechanisms for self-regulation within the community.
  4. 4.Transparency: True to the core principles of blockchain technology, HashFair upholds high standards of transparency. All transactions and outcomes are recorded on the blockchain and are publicly verifiable.
  5. 5.Player Protection: As part of its commitment to responsible gaming, HashFair strictly enforces a minimum age requirement of 18 years for all users. This ensures compliance with legal regulations and provides a safe and secure environment for players of legal age to participate in online gaming activities.

By ensuring these considerations, HashFair provides a unique, community-focused, decentralized environment that aligns with the ethos of transparency, fairness, and user empowerment inherent to the blockchain and DeFi movements.


Social Media



Telegram - https://t.me/HashFairgames


Twitter - https://twitter.com/Hashfair_Games


Facebook - https://www.facebook.com/hashfairgames/


Instagram - https://www.instagram.com/hashfairgames/


Reddit - https://www.reddit.com/r/Hashfair/


Medium - https://medium.com/@hashfairgames


Youtube - https://www.youtube.com/channel/UCt_4P2eqk0Jsn5MNsWapqcA


AUTHOR

Forum Username: chaa_turu

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3538656

BSC Wallet Address: 0xf599a69d07E5e1aCcBEC19B8F6E5A99ea03b4DB9

Komentar

Postingan populer dari blog ini

BOTiFi Smart DEX

HashFair, a groundbreaking Web 3.0 based online games