๐ฒ From Dice to Decentralization: Onchain Decentralized Gambling is Happening ๐ฒ
Gambling has always been a peer-to-peer activity, relying on intermediaries to facilitate the games. From dice games in Ancient Rome to playing cards in 9th century China, and the rise of modern casinos in 17th century Europe, gambling has evolved alongside human behavior and technology.
Gambling is inherently risky, and traditionally, a middleman was necessary to manage this risk. Technological advancements have fueled the growth of online gambling, making it accessible to anyone from their home. However, the core issue remains: players must still choose their middleman carefully to avoid scams.
Today, with infrastructures and smart contracts acting as transparent, permissionless, and decentralized middlemen, WINR Protocol solves this problem. By providing a decentralized infrastructure, WINR ensures trust and transparency in every bet. @JustBetOfficial, the worldโs first fully decentralized casino. Built on WINR, itโs a game-changer in the gambling industry.
$WINR focuses on building sustainable, revenue-generating technology. Just as @ethereum revolutionized finance, @WINRProtocol is revolutionizing gambling. ๐
๐ WINR Protocol Roadmap: https://t.co/kAYqBWXAdh
The future of gambling is here, brought to you by the only WINR.
@CarlParker_KDA @layer1hunter I am sure nobody gets the money, and maximum is 50k which is LOL. What, you can support like 2000 projects with 100m, and you dont give anyone in the community nothing $kda
Hey everyone, a small break from shitposting and an update on where we are with the WINR Protocol development and roadmap ahead.
- The Solana launch has basically been waiting for a successful mainnet deployment, and we have been constantly trying since last Thursday. Since Ore mining stopped, we can get this done today or tomorrow. Some of the community members have already tried our closed staging product. More games will launch biweekly alongside isolated public meme bankrolls. We want to see the product market fit on Solana over a few weeks to determine the roadmap further (i.e., going more casino games, or new-age degen games, or going for https://t.co/U62aHpB6kt first)
- https://t.co/LylYVU45UD (whitelabel version of WINR on Fantom) will have a soft launch today. Their team is very active and will push a lot of marketing, especially after Fantom's Sonic upgrade, which will have speed par with Arbitrum, if not better. They have industry-leading people on their team, and we will help them perfect the product.
- Following the Fantom launch, we will start deploying WINR on Base. There will be three products launched on Base on top of WINR:
1. JustBet: ETH and USDC-based WLP, isolated meme, and utility token pools.
2. DegensBet: Also using the same pools.
3. A new product targeted entirely on meme/flash launch speculation and dynamics.
You can bridge WINR to Base, and we will have a liquidity pool similar to Solana.
Now, that was mostly the next few weeks, but the two main components that we are working on to further develop WINR to what we eventually dream of are WINR as a base layer for decentralized gambling that existing/new products can easily plug into/launch on and perfecting JustBet / https://t.co/U62aHpB6kt as the core products as well as core proof of concepts. These goals are very aligned as we progress and further develop base products. We also get to find out hurdles of what future potential (and as you know, there are +10 frontend operators similar to https://t.co/NgrMQNxqjd and 3 game providers waiting for this structure) users of WINR may face or simply what they need to have a product that is decentralized, but feels as if it was a web2 product.
So, in this regard, the core developer team has been divided into two.
The product team is now working on v2 of JustBet smart contracts, which will introduce a vast technical upgrade, more decentralization, modularity, and the possibility of adding more features. Here are some features coming, to give you an example:
* The auto-bet feature is similar to https://t.co/FZvdpEGjAA, with detailed strategies for each game and an updated live bets section. We realized that many people just enter the strategy, sit back, and watch the game in auto-bet mode.
* The weekly contests and tournaments will now be decentralized. A pot will be filled from each game, rewarding the top players at the end of the week. There will be no more manual tournaments.
* Each day, a casino-wide jackpot will be distributed and collected from every game in a single pot. Each bettor that day earns points through their daily volume, and RNG/VRF picks a winner and distributes the winning amount at the end of the day.
* There will be direct daily, weekly, and monthly cashback - a part of the edge of the volume created by the user, directly paid out to the user. A higher badge (explained below) will result in more losses being returned.
* All games will have a modular contract in between that calculates its profit, so reward contracts like the above can work. This also aligns with the WINR part of the development that I will mention later in this post.
* We have built an on-chain badge system where users accumulate badges as they achieve specific tasks. This will help their chances of winning daily/weekly jackpots and increase their chances of getting a vWINR multiplier on bets. Thanks to modularity, this can be improved when it goes live and when we start collecting feedback.
* There will be daily and weekly challenges (like winning 10 in a row from a Dice game) that will instantly reward the user if hit.
* We are introducing a new synthetic token called xUSD, which is simply a mock token that may convert to real USD if specific parameters are met. These are more commonly known in the industry as deposit, VIP, and welcome bonuses. We already have the entire technical structure built.
* Simpler games with clean CSS/HTML interfaces (but with detailed strategies and features mentioned above), while the Unity team focuses on grid slots.
These will be the features coming to JustBet, and they are an essential part of the entire casino product. They will help recruit new users and increase the number of returning users with added fun and loyalty-program-like rewards. After the above, we are aiming to have a 1-click setup with a certain fee for ANYONE to launch their own casino with a few clicks on WINR Chain. They are not the complete or final feature list, and we welcome any input from the community as well. These features will come to all EVM deployments, including Solana deployment.
Similar research is ongoing for https://t.co/U62aHpB6kt and new potential products. They will follow in the footsteps of JustBet in this regard: Build fun, addicting, decentralized gaming products.
As you can see above, the development of products also paves the way for WINR to become a go-to infrastructure for anything related to on-chain gambling:
* The team is now working on WINR Chain as an Arbitrum Orbit based Layer 2, directly settling on Ethereum and using EigenLayer (AnyTrust DA) as the data availability layer (as it's cheaper as a DA). This decision to transition from Layer 3 to Layer 2 came after the immense decrease in gas fees with blobs and our desire for WINR to capture the sequencing revenue generated directly from products using the chain. With the product changes coming to JustBet, we are packing this up so that everyone can select whatever game they want, build (or customize through an app) a design, and launch their own decentralized casino on WINR Chain. The cost? Paying gas fees for every tx, which returns as direct ETH revenue for the chain and the protocol thanks to the sequencer revenues. WINR Chain will be the go-to chain for decentralized gambling products, and the protocol as a whole will benefit from added revenues.
* Again, with the product upgrades coming to JustBet, we are revamping the frontend operator onboarding, allowing the operator to deploy from a full suite product with any of the above features or single games if they want. Imagine Hyperliquid, but a chain that lets anyone launch a similar product they own without funding a bankroll or product development.
* We are building an easy step-by-step guide to onboard game providers using the WINR Game SDK (smart contract framework, frontend, and backend packages). Using our already-built framework, the audit process will be very light, and onboarding will be very fast.
* We are building an app page for WINR that we will transition of stake and earn pages to. This app will also work as an explorer to monitor each bet on each chain on WINR, frontend operators, their stats, frontend operator deployment page, and game building page. It will also include a block explorer of the WINR Chain.
* We are constantly fine-tuning the VRF and smart wallets on the go to make them faster and more reliable.
So much has been going on in the background, and the next few months will be amazing. We are incredibly excited to hop on to the next stage of truly building WINR to pioneer decentralized iGaming infrastructure. We plan to drop an AMA next week on Discord to have a direct live session with the community to answer further questions.
Whats wrong with $KDA #kda - for sure they dont like their community and projects building on it. They want some outside biz to come and thinks they will save them and the world.
That's why no devs, good price, docs, engaging with community and listening,,, etc
@foxdie47 @Speculation236 @kadena_io@NakamotoGames check $kda thursday they said mostly grant was 10k. Even if you get 50k, thats like 1 dev for few months salary, isnt it?
tbh 2030 seems realistic, his 5k kda bag is fine, and I think it can happen, and kda can takeover. But we still can make $ earlier and not trust too much
@Speculation236 @kadena_io@NakamotoGames Correct, they want so skip steps and bring some biz outside kripto, but nobody cares and neither the price. They don't like community obviously, not Mike and Carl, I mean founders.
$kda gives grant 10k to kda devs, only if you wait six months on them and even then is hard
Anyone here who thinks that $kda will make it, but is in community at least 2.5
years. Please explain why then:
- team dumping #kda
- relationship with community and projects building (not giving grant/talk to anyone, grant small 10k$)
- everything 'soon' last 3y, hard to build
Anyone here who thinks that $kda will make it, but is in community at least 2.5
years. Please explain why then:
- team dumping #kda
- relationship with community and projects building (not giving grant/talk to anyone, grant small 10k$)
- everything 'soon' last 3y, hard to build