HASHFAIR - Decentralized blockchain technology and dealer smart contracts

Introduction.

The involvement of gamers in the platform's decision-making process not only gives them the ability to influence the path that the platform will take in the future, which is a direct result of their participation, but also gives them the opportunity to benefit directly from the results of their efforts in this regard. HashFair encourages the creation of an environment that benefits all interested parties, one where the efforts of community members are recognized, valued and rewarded in some way. This environment is one in which community members are compensated for their work in some way.

About Hashfair.

HashFair is the firm that is redefining the standard of reliability and equity in the sector where it operates. It is doing this by using the most advantageous aspects of distributed ledger technology (blockchain), decentralized autonomous organizations (DeFi), and smart contracts to produce an atmosphere for gaming that is at the same time risk-free and fascinating. This is one step closer to being a reality now that the very first decentralized dealers in the world have opened their doors for business. The implementation of this forward-thinking notion has the potential to catapult the gaming ecosystem into the future by providing its players with an experience that is open and transparent, self-sufficient, and immensely rewarding for their efforts. This will be achieved by giving the players an experience that recognizes and appreciates the work they have put forth in the game.

HashFair is not only the company that is paving the way for the future generation of online gaming, but it is also the business that is redefining the standards of trust and fairness in the industry. Both of these attributes are very important in the gaming industry.

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 games 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 bought, 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.

In summary, HashFair is not just pioneering the next evolution in online gaming but is also reinventing the standard of fairness and trust in the industry. With the world's first decentralized dealer, it is building a gaming ecosystem that is both secure and engaging, harnessing the best elements of blockchain technology, DeFi, and smart contracts. This innovative model promises to propel the gaming ecosystem into the future, offering an experience that is transparent, autonomous, and immensely rewarding for its participants.

Features HashFair

HashFair offers a decentralized and transparent gaming ecosystem that sets us apart from traditional centralized online gaming systems. Here's a breakdown of the differences and a SWOT analysis highlighting why HashFair is the better choice:

Transparency and Trust:

Centralized System: In a centralized system, players must trust that the operator is fair and transparent, without any means to independently verify the outcomes.

HashFair: We leverage blockchain technology to ensure transparency and trust. Every game outcome is derived from decentralized smart contracts, providing a verifiable and tamper-proof record of fairness.

Security and Control:

Centralized System: Centralized platforms require players to deposit and hold funds within the platform, leaving them vulnerable to risks such as hacking or fund mismanagement.

HashFair: With HashFair, players maintain control over their funds in their own decentralized Web 3.0 blockchain wallets, minimizing the risk of fund loss and enhancing security.

Immutable Game Rules:

Centralized System: In a centralized system, game rules can be subject to change or manipulation, impacting the fairness of gameplay.

HashFair: Game rules on HashFair are written on decentralized smart contracts, ensuring they remain unalterable and transparent. Players can trust that the rules are consistently applied, providing a fair gaming experience.

Fair Profit Distribution:

Centralized System: In a centralized system, profits generated by the platform are typically retained by the operator, with limited benefits for the players.

HashFair: We believe in community-driven success. HashFair automatically distributes 80% of profits to an exclusive NFT pool, benefiting the community. Additionally, 20% of profits are burned, increasing the value for token holders.

SWOT Analysis:

Strengths:

Decentralized and transparent ecosystem.

Immutable game rules for fair gameplay.

Secure control over funds in personal wallets.

Fair profit distribution through the NFT pool.

Weaknesses:

Potential learning curve for users unfamiliar with blockchain technology.

Relatively new concept compared to established centralized platforms.

Opportunities:

Growing demand for transparent and fair gaming platforms.

Expansion into new markets and partnerships.

Continual innovation and improvement based on user feedback.

Threats:

Regulatory challenges in the evolving landscape of blockchain and gaming regulations.

Competition from established centralized platforms.

Vision of HashFair

"Transforming Online Gaming through Blockchain Innovation".

Our vision is to revolutionize the online gaming industry by creating a transparent, secure, and innovative platform that offers an unparalleled gaming experience. We strive to be the leading destination for gamers worldwide, providing a diverse range of exciting games, powered by cutting-edge blockchain technology.

Mission of HashFair

"Empowering Players with Transparency, Trust, and Unforgettable Gaming Experiences"

Our mission is to establish Hash Fair as a trusted and forward-thinking platform that sets new standards in online gaming. We are committed to delivering fairness, transparency, and integrity to our users through decentralized smart contracts and secure payment systems. We aim to foster a vibrant and engaged community, driven by our passion for innovation and continuous improvement. By combining technology, user-centric design, and exceptional gameplay, we aspire to redefine the way people engage in online gaming, ensuring an immersive, enjoyable, and responsible gaming environment for all.

HashFair 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:

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.

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.

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.

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.