📚Concept and Mechanism

Concept and Mechanism of Gachaz NFT

Overview

Welcome to Gachaz NFT, a revolutionary platform that blends the excitement of gacha gaming with the robustness and transparency of blockchain technology. This page delves into the core concept and underlying mechanisms that make Gachaz NFT a unique and engaging experience for gamers and digital collectors alike.

The Concept: Decentralized Gacha Gaming

  • Gacha Gaming Reimagined: At the heart of Gachaz NFT is the traditional gacha gaming (loot box) model, reimagined and enhanced by blockchain technology.

  • Decentralization: Unlike traditional gaming platforms, Gachaz NFT operates on a decentralized network, ensuring transparency and fairness in every aspect of gaming and transactions.

The Mechanism: How Gachaz NFT Works

  1. Blockchain Integration: Utilizing the Polygon Matic network, Gachaz NFT ensures secure, fast, and low-cost transactions. Polygon network is still popular for NFT, and the gas cost is relatively low which is important for the game.

  2. Smart Contracts: Each game on Gachaz NFT is governed by smart contracts, automating game mechanics and prize distributions without any central authority.

  3. Random Mechanism: Random generation is achieved through Chainlink VRF Contract. This contract is to ensure the project to generate fully random numbers via blockchain. Solidity (programing language for the smart contract) is not supporting fully randomized number generation by default, but Chainlink VRF makes it possible.

NFTs and Digital Ownership

  • NFT Integration: Players can win, collect, and trade NFTs, which are unique digital assets verified on the blockchain, ensuring true ownership and authenticity. Web2.0 could not authenticate nor normalize the digital data in public to use or buy/sell. Collecting NFT is similar experience to collecting the real goods now.

  • Asset Control: NFT owners on Gachaz NFT have complete control over their digital assets, including the ability to use them as prizes in their own gacha games.

Gacha Coin (GCC): The Currency of the Platform

  • GCC Usage: Gacha Coin (GCC) is the native cryptocurrency of the platform, used for transactions, playing games, and participating in DAO. Platform fee using DAO token is lower than using USDT to motivate the NFT owners to accept GCC.

  • Reward System: GCC also plays a crucial role in the reward system, incentivizing players to engage with various games on the platform and DAO.

DAO: Decentralized Governance

  • Community-Driven: Starting in later 2024, the Gachaz NFT platform will be gradually governed by a Decentralized Autonomous Organization (DAO), where GCC holders can propose or vote on key decisions, reflecting our commitment to a community-driven ecosystem.

  • Operational Decisions: The DAO will make crucial decisions regarding treasury usage, fee structures, and the introduction of special gacha games.

The Gaming Ecosystem

  • Diverse Gaming Experience: Gachaz NFT offers a variety of games, each with unique themes, prizes, and mechanics, hosted by NFT owners. We assume NFT project owners can use this platform to promote their projects.

  • Player and Host Roles: Users can choose to be players, game hosts, or both, creating a dynamic and interactive gaming community.

Security and Responsibility

  • Smart Contract Security: While we prioritize the security of our smart contracts, users are advised to participate at their own risk, understanding the beta nature of the platform. We kindly welcome the bug-haunter for the smart contract. Please contact us via Discord if you find any vulnerability on our codes.

  • Ethical Gaming: We promote ethical gaming practices and encourage game hosts to adhere to high standards of fairness and transparency. We do not recommend any "gambling"-like games to be hosted nor fake NFT/tokens to be prized in order to attract players for scam.

Last updated