Please describe your proposed solution.
Cardano needs more generic users to succeed in the Web 3.0 Space. One way to do that is to enable gaming capitalizing on Cardano Blockchain. This will attract NEW USERS to the blockchain, creating a NEW DEMAND for Ada. Having fun is a sure way to expand the Cardano Community.
Our team wants to do that introducing a “Stake to Play and Play to Earn” Chess Gaming Platform leveraging on the Cardano Blockchain.
Chess is one of the most widely played game in the world. According to United Nations, about 70% of the adult population (US, UK, Germany, Russia, India) has played chess at some point in their lives, 605 million adults play chess regularly. This will mean that there are no lack of players for this game, even among the Cardano community.
Chess Played on the Streets of Salzburg
Essentially, our platform operates on a “Stake to Play, Play to Earn” concept. Players will need Ada to play on the platform.
The mechanism of the platform as follows:-
- Average number of moves in a game is 40 moves.
- Each move is recorded on the platform
- Player has to register with an email address
- When player opens a game, he is the game creator and he has to define the parameters
The Parameters for playing the game on the platform is as follows:-
- Creator define the maximum amount of time allowed to make a move. Minimum amount of time is 1 minute. This means that maximum cannot be less than 1 minute.
- If the time lapse, the player that did not make a move will lose automatically.
- Competitor can request creator to change maximum amount of time.
- Creator can also define the stake of the game for each player. Minimum stake is 20 Ada. If creator defines the stake of the game to be 30 Ada, competitor must match. In this case, the total Ada stake for the game is 60 Ada.
The operation of the Platform as follows:-
- Before the game can start, the Ada must be deposited into an escrow wallet.
- Administrator takes 3% of total stake to keep the lights of the platform on
- Once the game is over, the moves of the game is stored on the blockchain as a single transaction funded by the escrow wallet
- Winner takes whatever that is remaining in the stake.
- The game will expire in 24 hours if no top ups are made
An example of how it will work is as follows :-
- Player A and Player B stake 20 Adas each in the game, making a total of 40 Adas staked by both Players.
- The platform takes 1.2 Adas excluding transaction fees.
- The game is played on the platform.
- Player B wins the game and the Platform will send the moves made by both players on the game to the to the Blockchain as a single transaction of 2 Ada.
- Player B as the winner of the game will take whatever that is left from the Stake Pool in the Escrow Account after Platform Fees (1.2 Ada), Game Record Fees (2 Ada) and associated transaction fees.
- A key will then be made available on the platform so that anyone can view and analyze how the game is played on the platform.
- This record is immutable as it is stored on the Cardano Blockchain.
- The winner will win points on the platform which other players can see to give other player a sense of how good a player the opponent can be.
Various permutations of the game may exist. Including timed game, where the player who takes the most number of pieces or the highest weightage of the pieces will win. There can also be group games and sponsored games.
The concept of "Stake to Play, Play to Earn" in Chess is not a Gambling Philosophy because Chess is not a game of chance but a game of skill. Our concept resides on the idea of reinforcement learning, such as Q-learning. This learning pit the player against another player and if that player win, they get positive reinforcement from winning the stake pool. The losing player will lose what they invested on that stake pool. This is negative reinforcement.
Reinforcement learning and training sharpens the focus of the players and help them play with higher intensity. This can help improve their game by leap and bounce. In addition, the players will have a chance to see all their moves on the Cardano blockchain and learn to play better the next time.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
Our team want to address the challenge in getting more people interact with the Cardano blockchain via gaming. We do so by building a platform for chess, one of the most widely played game around the world.
Kids learning how to play Chess
The team attempt to innovate with the idea that players play against each other in a "Stake to Play" format with a "Play to Earn" dimension for the players with the winner of the game taking the stake pool. As the platform operator, we take a small cut to keep the platform running and marketing the platform to chess players worldwide.
In order to play, the player has to have Ada to place onto the stake pool. Our team will inform players on our website of how they can buy Ada and how they can stake those Ada for the game.
With 605 million Chess players in the world, we believe our platform has the potential to bring in new users to the Cardano Blockchain in a fun and simple way while at the same, increase the demand for Ada.
Once these users are familiar with Cardano Blockchain, they will be inclined to see what other prospects and applications are available in the Cardano Blockchain.
How do you intend to measure the success of your project?
We hope to bring new users to interact with the Cardano Blockchain. This will have a direct benefit for the Cardano eco-system in three ways: -
a. As players need to stake Ada, the value of Ada may increase. This is a function of supply and demand.
b. Many of these players will be new to Cardano They could be interested in what other opportunities and applications are available on the eco-system.
c. There will be more transactions on the Cardano Blockchain when more games are played on the platform. Each game is a transaction. Although each transaction is low in Ada, there will many games played.
In addition, Cardano will grow with more games played on our platform as each game is a transaction.
Please describe your plans to share the outputs and results of your project?
On our platform, we would show the number of registered players and the number of games played to date.
If the platform finds success in attracting a good number of players, we can improve the permutations on how the game can be played based on feedback from the players. We could in theory introduce other abstract strategy games to introduce even more users to the Cardano Blockchain.