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alto-io / funding-the-future

monorepo for the Funding the Future hackathon
The Unlicense
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[OPGames Challenge 2] Use DeFi to create new innovative crypto payout mechanisms for non-blockchain games #2

Open polats opened 4 years ago

polats commented 4 years ago

Prize Title

[OPGames Challenge 2] Use DeFi to create new innovative crypto payout mechanisms for non-blockchain games

Prize Bounty

1st Place: 5 ETH 2nd Place: 2.5 ETH

Challenge Description

Games have traditionally been monetized through in-app purchases and ads. We want innovative new takes on rewarding players for playing a game that are still usable for non-blockchain games, since a lot of game developers are still building on non-blockchain platforms.

At OPGames we’ve started with allowing game developers to reward their players when they win in a leaderboard or a tournament. We’ve seen some crypto payout innovations though in DeFi that haven't been used in games before (such as Pool Together).

We believe the Funding the Future Hackers will be able to create new DeFi mechanisms for games that will engage players. Aside from the traditional prizes from playing games (tournament prizes, daily logins, in-app purchase, ads) How can DeFi allow game developers to monetize players and create a sustainable game economy?

Important!

The successful mechanisms will be added as one of the solutions in OPGames’ open-source libraries, or integrated as a feature in the crypto payout server. Full source code, docs and assets will be added to the repository. Make sure all code and assets are properly licensed / open-source.

Resources:

Revolutionary DeFi Apps

Decentralizing Video Games - An Introduction

Game3js.com - Some links with steps on creating games with crypto payouts

Submission Requirements

Submission Deadline

March 30, 2020, when the hackathon ends

Judging Criteria

Judging Panel

Winner Announcement Date

1 week after Submission Deadline

gitcoinbot commented 4 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

This issue now has a funding of 7.5 ETH (797.75 USD @ $106.37/ETH) attached to it as part of the OPGames fund.

gitcoinbot commented 4 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work has been started.

These users each claimed they can complete the work by 1 year, 11 months ago. Please review their action plans below:

1) leonprou has started work.

The idea is to create a prize fund that will be invested in compound. The game developers will have an API to release the earned interest as reward to users. They can use that API on their backend on certain user actions, like scoring the highest score. The question is how the users will receive the prizes? I didn't found an easy way to sell DAI instantly and receive it on credit card. So the other way is to keep it in DAI for in game marketplace. 2) masaun has started work.

I will build dApp which is included some incentivize mechanism by using smart contract. 3) rahmanunjan has started work.

I will outline a plan, look at how to monetize it, validate it with a small customer base, build an application, test and reiterate. 4) isabelgeek has started work.

I will create an innovative crypto payout for non-blockchain games

Learn more on the Gitcoin Issue Details page.

gitcoinbot commented 4 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work for 7.5 ETH (1236.8 USD @ $164.91/ETH) has been submitted by:

  1. @masaun
  2. @leonprou
  3. @isabelgeek

@polats please take a look at the submitted work:

polats commented 4 years ago

We'll be reviewing the submissions this week, thanks everyone! Will update immediately once we've decided on the winner

gitcoinbot commented 4 years ago

⚡️ A tip worth 5.00000 ETH (802.36 USD @ $160.47/ETH) has been granted to @leonprou for this issue from @polats. ⚡️

Nice work @leonprou! Your tip has automatically been deposited in the ETH address we have on file.

gitcoinbot commented 4 years ago

⚡️ A tip worth 2.50000 ETH (401.18 USD @ $160.47/ETH) has been granted to @isabelgeek for this issue from @polats. ⚡️

Nice work @isabelgeek! Your tip has automatically been deposited in the ETH address we have on file.

gitcoinbot commented 4 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

This Bounty has been completed.

Additional Tips for this Bounty: