What is Blockchain? Blockchain is a digital ledger that records transactions across a network of computers, ensuring transparency, security, and trust without the need for a central authority. In simpler terms, it is like a digital, unchangeable notebook that lots of people can see and trust, making it hard to cheat or erase anything.
Why do we need blockchain in gaming industry? We need blockchain in gaming to turn your virtual treasures into real treasures! Imagine owning unique in-game items, earning crypto rewards by playing, and exploring new gaming universes - all while knowing that cheats are history and players are in control. Blockchain makes gaming a thrilling adventure!
What benefits can we get from using blockchain technology? Using blockchain technology brings a treasure chest of benefits: True ownership of in-game assets Player rewards in Crypto Cheat-proof gameplay New gaming possibilities like never before. It's a gaming revolution!
How will the end user and the company get benefits? Gamers win big with blockchain - they own epic loot, earn crypto while playing, and dive into mind-blowing games. Companies score too, with player excitement, decentralized riches, and cash flowing in from NFTs, play-to-earn, and esports. It's a gaming party where everyone leaves with a treasure chest! 🎮💰🚀
What are smart contracts? and how can gaming industry utilize it? Smart contracts are like digital agreements that automatically execute when specific conditions are met. In gaming, they ensure trust, automate rewards, and create player-driven economies. For example, in a racing game, a smart contract could instantly pay out crypto rewards to winners as soon as the race ends, making gaming fair and fun!
What is Minting, in Blockchain? Minting means creating new digital coins or tokens on a blockchain. It's like making a brand new, unique coin that can be used in digital games or apps. Meaning you don’t have that coin yet, you need to make it first. So you create it out of thin air by minting
What is Staking, in Blockchain? Staking is when you put some of your digital coins or tokens into a special savings account on the blockchain. When you do this, you can earn more coins as a reward, like getting interest in a regular bank savings account. Working:
When you stake your digital coins or tokens, you're helping to make the blockchain network run smoothly. Think of it like being a helpful worker in a big company.
In return for your help, the blockchain network rewards you with more digital coins or tokens over time. This reward is kind of like a "thank you" from the network for your contribution.
Here's a simple example: Imagine you have 10 digital coins, and you decide to stake them. The blockchain network might say, "Thanks for staking with us! We'll give you 1 extra coin every month as a reward." So, after a month, you'll have 11 coins, and after another month, you'll have 12 coins, and so on.
TYPES OF SMART CONTRACT
| Smart Contract | Description |
|---|---|
| Token (TTCC) Contract | Manages the native token (TTCC) including minting, burning, and transferring. |
| NFT Marketplace Contract | Facilitates the buying, selling, and trading of in-game assets as NFTs on the marketplace. |
| Staking Contract | Allows players to stake their TTCC tokens and/or NFTs to earn rewards, which can vary based on factors like gameplay performance or leaderboard rankings. |
| Game Rewards Contract | Distributes rewards in TTCC tokens to players based on in-game achievements, milestones, or play-to-earn activities. |
| Governance and Voting Contract | Implements a decentralized governance system, enabling players to vote on key decisions related to the game's development and ecosystem. |
| Asset Ownership Contract | Manages ownership and transfer of in-game assets (NFTs) securely on the blockchain, ensuring true ownership for players. |
| Random Number Generator Contract | Provides provably fair random numbers for in-game events, such as loot drops or game outcomes. |
| Royalty and Revenue Sharing Contract | Automatically calculates and distributes royalties to content creators and developers based on in-game asset sales and transactions. |
| Multi-Signature Wallet Contract | Enhances security by requiring multiple signatures for specific transactions, safeguarding high-value assets or decisions. |
| Escrow and Dispute Resolution Contract | Facilitates secure escrow services for in-game trades and includes a mechanism for dispute resolution if conflicts arise. |
| Affiliate and Referral Program Contract | Manages referral bonuses and rewards for players who refer new users to the game. |
How to Integrate Smart Contracts and blockchain to our Game?
| Steps | Subparts and Tools |
|---|---|
| Blockchain Integration | Choose the Blockchain Platform (e.g., Ethereum, Binance Smart Chain) |
| Set up a Development Environment (e.g., Truffle, Hardhat) | |
| Smart Contract Development | Develop Smart Contracts (e.g., TTCC tokens, NFTs, Staking) |
| Use Solidity or compatible languages | |
| Testing (e.g., Truffle testing framework) | |
| Security Audits (e.g., OpenZeppelin, CertiK) | |
| User Wallet Integration | Integrate User Wallets (e.g., MetaMask, Trust Wallet) Use Web3 Libraries (e.g., Web3.js, ethers.js) |
| API Integration | Utilize Blockchain APIs (e.g., Infura, Alchemy, Custom Node) |
| Transaction Handling | Implement Transaction Logic in Game Frontend |
| Event Listening | Set Up Event Listeners to Respond to On-Chain Events |
| Gas Management | Inform Users of Gas Fees |
| Handle Transactions Including Gas Fees | |
| Security and Authentication | Ensure User Authentication and Secure Handling of Private Keys |
| Decentralized Storage | Consider IPFS or Similar Solutions for Off-Chain Data (e.g., NFT Metadata) |
| Testing and Auditing | Rigorous Testing in Development and on Testnets Third-Party Security Audits |
| Scaling Solutions | Evaluate Layer-2 Solutions for Scalability and Cost Efficiency |
| Community Engagement | Foster Community Feedback and Involvement in Blockchain Features |