New GameFi Approach based on community focused mechanics

[grantshares-dapp]

Abstract

What would you like to do? Describe your project/idea in a few sentences.
Please, be short and concise here! Brevity is key.

GameFi Community-oriented on-chain platform on NEO, where users play against each other in the Telegram Mini App, playing with the probability score, betting their tokens

Proposal Information

Description

The overall and broad proposal description.

Community oriented Gaming Mechanic

Players compete in rooms of 10, 50, 100, or 1000 users;

Each room has 3 key parameters:
– Risk rate (e.g. 3% or any other rate, created by host)
– Number of players (might be 10 / 50 / 100 / 1000)
– Common pool of all the deposits

Once the room is full, the gambling starts;

Losers are chosen completely randomly, according to the room risk rate.
– e.g. room with 100 players has 5% risk rate. At the end 5 out of 100 players are losing.

The deposits of these 5 players are being distributed between other 95 players in proportion to their deposit size

Additionally:

/ Each player can also host a room and earn a share of the revenue from the platform
// All deposits are made in $DEGEN without platform fees
/// All deposits are made onchain, supporting all popular tokens (coming soon)

Motivation

Why are you requesting funding? Is there anything that triggered your interest and would like to share with us?

We like the domain and have a plenty of experiene in it :)

Goals

The main goals are to increase the TVL of NEO chain, increase token turnover and number of transactions. And of course to bootstrap the project and make it profitable
The community would benefit out of token price growth and attraction of lots of other pashionate users

Deliverables & Roadmap

Specify deliverables in detail, including the following info for each:

• Total Estimated Duration: 10 days
• Full-Time Equivalent (FTE): 1
• Total Budget: X GAS

Also, provide a roadmap overview for the deliverables.

Deliverables Verifiability

How would the community be able to verify that the promised deliverables (or milestones) were successfully achieved?
For each deliverable/milestone, add supporting info on how it can be verified by the community.

Budget Plan

• What are the overall required resources (i.e., budget)?
• Provide reasons why the requested budget is a good fit for the proposal.
• How the budget would be used to achieve the project goal?

About You / Your Organization

• Individual/Entity Name: David Virabian
• Website: https://blockgamble.io
• GitHub Organization (if applicable): https://github.com/11me/blockgamble.io

Short-Bio

– David Virabian Ex-NEAR Ecosystem builder, technical product manager. Products under management with over 15M MAU. Builder of a gambling the gambling platform DUX Group. Board member of “3V Labs” web 3 freelance collective •
– Emil Hamdamov, Fullstack Software Developer, Solution Architect. Crypto Native developer with great experience in building products. Professional in scaling infrastructures. 9 years of High Load products development
– Artem Abrichkin, operations chief'n rockstar, business developer & gambling fun with a huge experience of solutions validation in role of startup scout.

Portfolio of Projects / Past Experience

Related to the gambling experience has David. He was growing the https://ninecasino.com/, https://betonred.com/ and https://brunocasino.com/lobby projects, responsible for 12% first conversion growth and multiple hypotheses testing through A/B test having the budged of 3M EUR for each feature (can prove that. There is just a lot of money in the industry.
Emil has a great experience in building high load calculating platform having an experience in banking & crypto.
Artem has an experience of entrepreneurship and has ongoing business, consulting agency.

There's no problem if you don't have vast past experience or a portfolio. We just want to hear more about what you've done or have been doing.

---

Proposal Info 📋

• Proposal Type: request-for-funding

• Amount Requested: 600

• Token: 0xef4073a0f2b305a38ec4050e4d3d28bc40ea63f5 (NEO)

• Receiver Address: NgQVTCMjofVjqQQhQTgBeFucbHV4Z2qnRV (0x93d5b57b044000a7f0ec22996595bc67756dc7e0)

• Created by: @11me 🚀

• Raw Intents: 👀

[ {
  "target_contract" : "0x6276c1e3a68280bc6c9c00df755fb691be1162ef",
  "method" : "releaseTokens",
  "params" : [ {
    "type" : "Hash160",
    "value" : "ef4073a0f2b305a38ec4050e4d3d28bc40ea63f5"
  }, {
    "type" : "Hash160",
    "value" : "93d5b57b044000a7f0ec22996595bc67756dc7e0"
  }, {
    "type" : "Integer",
    "value" : "600"
  } ],
  "call_flags" : 15
} ]

---

👇 React with 👍 if you liked it, or 👎 if you think this proposal can be enhanced!

[antecrypto]

// All deposits are made in $DEGEN without platform fees

On your website it says $SWTR instead of $DEGEN. Which one is it? Will that token be bridged to Neo? & why is there confusion?

It also seems like the app is already built for Cosmos Chain & being promoted for Cosmos but not live or built. What is the teams plan with Cosmos and other chains and how does Neo fit into it?

What is the 600 NEO (~$8,000 at time of writing) being used for?

We like the domain and have a plenty of experiene in it :)

What? What domain? and what experience?