TaikoFlip is a CoinFlip project developed by the MoveChess Labs team. This product is designed to attract users who wish to harness their own luck by flipping coins on the Taiko Blockchain, and subsequently receive rewards based on their predictions of either "Tails" or "Heads." By combining the Random Method with blockchain technology, the project aims to provide a more transparent outcome. The concept of "Tails" and "Heads" has persisted for a long time, and to this day, many individuals employ this method in various contexts, including gambling, testing their luck, sports, and other activities. TaikoFlip will utilize tokens from the Taiko ecosystem to allow users to engage in the Coin Flip experience developed on the Taiko blockchain. Not only CoinFlip, we’re going to build a gambling ecosystem for the users to experience.
2. Project Description
TaikoFlip - Realizing Transparency and Excitement of Tails and Heads through Smart Contracts
TaikoFlip - A unique project within the Taiko ecosystem that not only brings joy and challenges to Tails and Heads enthusiasts but also introduces an entirely new approach to transparency through Smart Contract technology. With TaikoFlip, betting on Tails or Heads is no longer just about luck; it's about precision, accuracy, and security.
At TaikoFlip, users have the ability to place bets on Tails or Heads using smart transactions. This mechanism ensures that every transaction is executed transparently, and cannot be altered, or manipulated. By utilizing blockchain technology and smart contracts, each betting round becomes an immutable and accurate record, creating maximum trust for users.
Smart contracts at TaikoFlip not only help track all transactions but also automatically process rewards based on the coin flip result. Once the outcome is determined, the smart contract will seamlessly and swiftly execute reward distribution, eliminating the need for third-party intervention.
Moreover, Smart Contract technology ensures absolute transparency. Every transaction, from placing bets to coin flip outcomes, is stored on the blockchain, creating an indelible audit trail. This guarantees that there is no external interference or tampering with results, making TaikoFlip a secure and transparent environment for users.
In summary, TaikoFlip is not just an entertainment platform revolving around Tails and Heads; it represents a significant leap forward in optimizing transparency and accuracy through Smart Contract technology. This ensures that users not only engage in an exciting game of chance but also experience absolute trust and transparency. Join TaikoFlip and immerse yourself in an entirely new way of betting and experiencing the thrill of Tails and Heads.
Category
Games
Timeline
Milestone 1: Develop the TaikoFlip
Landing Page
Connect Wallet
TaikoFlip Smart Contacts
TaikoFlip interaction for users on Testnet
Milestone 2: Develop Other Entertainment Features
Early Q4/2023
Develop Lottery
Lottery Smart Contract
Spin NFTs
Develop Spin NFTs smart-contract
Testing the Spin NFTs smart-contract on Testnet
Milestone 3: Expand the Development of Bettings System
Mid Q4/2023
Develop the Esport Bettings
LIVE Horse Race
LIVE Esport Bettings (Dota 2, League Of Legends, Chess)
LIVE Sports (Football, Basketball,...)
Testing the system and deliver it on mainnet.
We'll provide more features when we have more ideas of the development.
Project Plan
We are MoveChess Labs, and our vision extends beyond creating products solely for the broader Taiko community; we aim to provide offerings that enrich the entire ecosystem. Drawing from our experience in the software outsourcing industry, we have crafted products related to betting, such as Horse Racing, Esports Betting, and Gambling, all on web2 platforms. Our comprehension of odds and the intricacies of betting activities is deeply rooted.
Our long-term goals revolve around developing entertainment products, encompassing gambling, betting, and more, with a focus on generating maximal blockchain transactions through these activities. This is where we seek financial support to propel the TaikoFlip project forward.
The foundational features that align with our timeline include:
Taiko CoinFlip
Slot Machine
For more intricate features, requiring ongoing financial support for sustained development:
Esports Betting
Sports Betting
Lottery
Furthermore, we anticipate a continuous evolution of features, engaging with Taiko in collaborative discussions (given potential sponsorship and assistance from Taiko) to expand the product spectrum within the Taiko ecosystem.
Project Impact
Impact on Taiko's blockchain and community
Increased Transaction Activity: By introducing prediction-based activities involving Heads and Tails, TaikoFlip will generate a surge in transaction volume. Users participating in these prediction events will inherently contribute to heightened blockchain activity
Attracting Luck-Enthusiasts: The allure of leveraging luck for financial gains will attract users passionate about games of chance. This, in turn, will stimulate user engagement in earning tokens through the TaikoFlip platform, thereby resulting in an upsurge in transaction volume as users actively predict Taiko token outcomes.
Expanding User Participation: The interactive nature of TaikoFlip, where users predict the coin toss outcomes, will draw in a broader user base. This influx of participants will create more transactional engagements, amplifying the vibrancy of the Taiko ecosystem.
Fostering Traditional Product Integration: TaikoFlip represents a seamless integration of traditional luck-based activities into the blockchain space. This not only diversifies the offerings within the Taiko ecosystem but also draws users who have a penchant for such traditional forms of engagement.
In essence, the launch of TaikoFlip doesn't solely revolve around community growth; it strategically leverages prediction-based activities to fuel transactional activity, entice luck-driven users, and seamlessly amalgamate conventional elements into the modern Taiko ecosystem.
Team Information
Nguyen Le: Project Lead
Nguyen Le entered the crypto market in 2015 and has had a 4-year involvement in the blockchain space across ecosystems such as Ethereum, BNB, Solana, Aptos, and Sui. Nguyen Le has participated as a Core member in projects like DungeonSwap, Space SIP (part of the BNB ecosystem), and most recently, also as a former Core Team and Growth Hacker of the Fewcha Wallet project developed for the Aptos and Sui ecosystems, alongside Vien Le and Long Nguyen.
Long Nguyen - Head of Developer
Long Nguyen is a passionate blockchain programmer with over 7 years of experience and a profound understanding of blockchain technology. He has been involved in projects and products such as Remitano (a cryptocurrency trading platform in the early years of 2015), Space SIP, Fewcha Wallet, and SuiFrens AI, serving as a former core team member of these projects. He, along with Nguyen Le and Vien Le, decided to depart from these previous projects and embark on their first venture together.
Github: https://github.com/search?q=pierreneter&type=repositories
Vien Le - Smart Contract Developer
Vien Le is an individual with a strong passion for the crypto market and active participation in hackathons. He initially crossed paths with Nguyen Le and Long Nguyen while collaborating on the development of the Space SIP game for a company. Since then, he has continued to work with these two individuals, jointly contributing as core team members in the development of Fewcha Wallet, and SuiFrens AI, and ultimately coming together to embark on their own inaugural project, MoveChess and TaikoFlip.
Phuong Nguyen - Project Manager
Phuong Nguyen is a colleague at the same company as Nguyen Le, Long Nguyen, and Vien Le, serving as a project manager for the Space SIP project. Simultaneously, she also holds the role of QA/QC for the Space SIP project. With strong and highly regarded skills within the company, she has been invited to join forces and contribute to the development of MoveChess and TaikoFlip.
Oanh Tran - Marketing Officer
Oanh Tran is a Communication Marketing Officer who made her entry into the blockchain market through an invitation from Nguyen Le to join the Space SIP project in a marketing capacity. She was alongside Vien Le, Nguyen Le, and Long Nguyen in the development of the Space SIP project. With the conception of MoveChess, she found herself captivated and eager to delve into understanding and participating in the development of MoveChess and TaikoFlip.
Galen Constantine - Head of Community
Galen is a talented community manager who first crossed paths with Nguyen Le while collaborating on the DungeonSwap project, where both served as community moderators. He joined forces with Nguyen Le to nurture communities like Space SIP, Fewcha Wallet, and the communities he's currently involved in developing, including SuiSwap, Abel Finance, AptoSwap, and Koizumi (projects within the Aptos and Sui ecosystems). Skillful in problem-solving and community administration, Galen has demonstrated prowess in these areas. He has also accepted and embraced the invitation to contribute to the development of MoveChess and TaikoFlip.
Nguyen Le, has been involved in projects such as DungeonSwap (Moderator), Space SIP, Fewcha Wallet, and SuiFrens AI (Core Team).
Long Nguyen, worked as a developer for Remitano, Space SIP, Fewcha Wallet, and SuiFrens AI (backend, smart-contract developer). He contributed significantly to Fewcha Wallet, winning 1st place in the Infrastructure category in collaboration with Aptos and C98.
Vien Le, served as a fullstack developer for Space SIP, Fewcha Wallet, and SuiFrens AI. Like Long Nguyen, Vien also played a vital role in Fewcha Wallet's success, achieving 1st place in the Infrastructure category in collaboration with Aptos and C98.
Phuong Nguyen, who functioned as a Project Manager and QC for the Space SIP project and currently works at FPT Software in Vietnam.
Jay Tran, who worked alongside Nguyen Le as a Marketing Officer. Together, they developed Space SIP in 2021, achieving remarkable community engagement and player attraction. Beyond Space SIP, Jay also handles marketing for a traditional company.
Galen Constantine, who participated in projects like DungeonSwap, Fewcha Wallet, SuiSwap, Abel Finance, Koizumi, and various other communities.
Among them, Nguyen Le, Vien Le, and Long Nguyen have notably contributed to Fewcha Wallet by:
Contributing to and developing wallet adapters for the Aptos ecosystem.
Winning 1st place twice (Seasons 1, 3) and 2nd place in Season (2) of DoraHacks in the Infrastructure category.
Aiding Fewcha Wallet in achieving the 1st place award in the GM Vietnam Hackathon 2023, specifically in the Infrastructure category for Fewcha Perpetual Exchange.
Introducing the First Tool on the Sui Network for Merging Objects (This tool assists individuals who have accumulated numerous objects in their account after merging several NFTs. It creates objects directly within their address. Utilizing the Fewcha Object Merge Tool will consume objects and convert them into Sui Tokens)
Additional Information
We'd like to request a small initial grant, based on the Taiko Foundation's decisions and discuss further information.
Agreement
[X] I agree to comply with the terms and conditions of the grants program
Project Description
1. Abstract
TaikoFlip is a CoinFlip project developed by the MoveChess Labs team. This product is designed to attract users who wish to harness their own luck by flipping coins on the Taiko Blockchain, and subsequently receive rewards based on their predictions of either "Tails" or "Heads." By combining the Random Method with blockchain technology, the project aims to provide a more transparent outcome. The concept of "Tails" and "Heads" has persisted for a long time, and to this day, many individuals employ this method in various contexts, including gambling, testing their luck, sports, and other activities. TaikoFlip will utilize tokens from the Taiko ecosystem to allow users to engage in the Coin Flip experience developed on the Taiko blockchain. Not only CoinFlip, we’re going to build a gambling ecosystem for the users to experience.
2. Project Description
TaikoFlip - Realizing Transparency and Excitement of Tails and Heads through Smart Contracts
TaikoFlip - A unique project within the Taiko ecosystem that not only brings joy and challenges to Tails and Heads enthusiasts but also introduces an entirely new approach to transparency through Smart Contract technology. With TaikoFlip, betting on Tails or Heads is no longer just about luck; it's about precision, accuracy, and security. At TaikoFlip, users have the ability to place bets on Tails or Heads using smart transactions. This mechanism ensures that every transaction is executed transparently, and cannot be altered, or manipulated. By utilizing blockchain technology and smart contracts, each betting round becomes an immutable and accurate record, creating maximum trust for users. Smart contracts at TaikoFlip not only help track all transactions but also automatically process rewards based on the coin flip result. Once the outcome is determined, the smart contract will seamlessly and swiftly execute reward distribution, eliminating the need for third-party intervention.
Moreover, Smart Contract technology ensures absolute transparency. Every transaction, from placing bets to coin flip outcomes, is stored on the blockchain, creating an indelible audit trail. This guarantees that there is no external interference or tampering with results, making TaikoFlip a secure and transparent environment for users. In summary, TaikoFlip is not just an entertainment platform revolving around Tails and Heads; it represents a significant leap forward in optimizing transparency and accuracy through Smart Contract technology. This ensures that users not only engage in an exciting game of chance but also experience absolute trust and transparency. Join TaikoFlip and immerse yourself in an entirely new way of betting and experiencing the thrill of Tails and Heads.
Category
Games
Timeline
Milestone 1: Develop the TaikoFlip
Milestone 2: Develop Other Entertainment Features
Early Q4/2023
Milestone 3: Expand the Development of Bettings System
Mid Q4/2023 Develop the Esport Bettings
We'll provide more features when we have more ideas of the development.
Project Plan
We are MoveChess Labs, and our vision extends beyond creating products solely for the broader Taiko community; we aim to provide offerings that enrich the entire ecosystem. Drawing from our experience in the software outsourcing industry, we have crafted products related to betting, such as Horse Racing, Esports Betting, and Gambling, all on web2 platforms. Our comprehension of odds and the intricacies of betting activities is deeply rooted. Our long-term goals revolve around developing entertainment products, encompassing gambling, betting, and more, with a focus on generating maximal blockchain transactions through these activities. This is where we seek financial support to propel the TaikoFlip project forward.
The foundational features that align with our timeline include:
Project Impact
Impact on Taiko's blockchain and community
Increased Transaction Activity: By introducing prediction-based activities involving Heads and Tails, TaikoFlip will generate a surge in transaction volume. Users participating in these prediction events will inherently contribute to heightened blockchain activity
Attracting Luck-Enthusiasts: The allure of leveraging luck for financial gains will attract users passionate about games of chance. This, in turn, will stimulate user engagement in earning tokens through the TaikoFlip platform, thereby resulting in an upsurge in transaction volume as users actively predict Taiko token outcomes.
Expanding User Participation: The interactive nature of TaikoFlip, where users predict the coin toss outcomes, will draw in a broader user base. This influx of participants will create more transactional engagements, amplifying the vibrancy of the Taiko ecosystem.
Fostering Traditional Product Integration: TaikoFlip represents a seamless integration of traditional luck-based activities into the blockchain space. This not only diversifies the offerings within the Taiko ecosystem but also draws users who have a penchant for such traditional forms of engagement. In essence, the launch of TaikoFlip doesn't solely revolve around community growth; it strategically leverages prediction-based activities to fuel transactional activity, entice luck-driven users, and seamlessly amalgamate conventional elements into the modern Taiko ecosystem.
Team Information
Nguyen Le: Project Lead Nguyen Le entered the crypto market in 2015 and has had a 4-year involvement in the blockchain space across ecosystems such as Ethereum, BNB, Solana, Aptos, and Sui. Nguyen Le has participated as a Core member in projects like DungeonSwap, Space SIP (part of the BNB ecosystem), and most recently, also as a former Core Team and Growth Hacker of the Fewcha Wallet project developed for the Aptos and Sui ecosystems, alongside Vien Le and Long Nguyen.
Long Nguyen - Head of Developer Long Nguyen is a passionate blockchain programmer with over 7 years of experience and a profound understanding of blockchain technology. He has been involved in projects and products such as Remitano (a cryptocurrency trading platform in the early years of 2015), Space SIP, Fewcha Wallet, and SuiFrens AI, serving as a former core team member of these projects. He, along with Nguyen Le and Vien Le, decided to depart from these previous projects and embark on their first venture together. Github: https://github.com/search?q=pierreneter&type=repositories
Vien Le - Smart Contract Developer Vien Le is an individual with a strong passion for the crypto market and active participation in hackathons. He initially crossed paths with Nguyen Le and Long Nguyen while collaborating on the development of the Space SIP game for a company. Since then, he has continued to work with these two individuals, jointly contributing as core team members in the development of Fewcha Wallet, and SuiFrens AI, and ultimately coming together to embark on their own inaugural project, MoveChess and TaikoFlip.
Phuong Nguyen - Project Manager Phuong Nguyen is a colleague at the same company as Nguyen Le, Long Nguyen, and Vien Le, serving as a project manager for the Space SIP project. Simultaneously, she also holds the role of QA/QC for the Space SIP project. With strong and highly regarded skills within the company, she has been invited to join forces and contribute to the development of MoveChess and TaikoFlip.
Oanh Tran - Marketing Officer Oanh Tran is a Communication Marketing Officer who made her entry into the blockchain market through an invitation from Nguyen Le to join the Space SIP project in a marketing capacity. She was alongside Vien Le, Nguyen Le, and Long Nguyen in the development of the Space SIP project. With the conception of MoveChess, she found herself captivated and eager to delve into understanding and participating in the development of MoveChess and TaikoFlip.
Galen Constantine - Head of Community Galen is a talented community manager who first crossed paths with Nguyen Le while collaborating on the DungeonSwap project, where both served as community moderators. He joined forces with Nguyen Le to nurture communities like Space SIP, Fewcha Wallet, and the communities he's currently involved in developing, including SuiSwap, Abel Finance, AptoSwap, and Koizumi (projects within the Aptos and Sui ecosystems). Skillful in problem-solving and community administration, Galen has demonstrated prowess in these areas. He has also accepted and embraced the invitation to contribute to the development of MoveChess and TaikoFlip.
Point of Contact
tg: @fiesta_0604, twitter: nguyenlefch, discord: .moldova, personal-email: nguyenle2000@aol.com, project-email: development@movechess.com
Previous Work
MoveChess Labs comprises 7 members:
Nguyen Le, has been involved in projects such as DungeonSwap (Moderator), Space SIP, Fewcha Wallet, and SuiFrens AI (Core Team).
Long Nguyen, worked as a developer for Remitano, Space SIP, Fewcha Wallet, and SuiFrens AI (backend, smart-contract developer). He contributed significantly to Fewcha Wallet, winning 1st place in the Infrastructure category in collaboration with Aptos and C98.
Vien Le, served as a fullstack developer for Space SIP, Fewcha Wallet, and SuiFrens AI. Like Long Nguyen, Vien also played a vital role in Fewcha Wallet's success, achieving 1st place in the Infrastructure category in collaboration with Aptos and C98.
Phuong Nguyen, who functioned as a Project Manager and QC for the Space SIP project and currently works at FPT Software in Vietnam.
Jay Tran, who worked alongside Nguyen Le as a Marketing Officer. Together, they developed Space SIP in 2021, achieving remarkable community engagement and player attraction. Beyond Space SIP, Jay also handles marketing for a traditional company.
Galen Constantine, who participated in projects like DungeonSwap, Fewcha Wallet, SuiSwap, Abel Finance, Koizumi, and various other communities.
Among them, Nguyen Le, Vien Le, and Long Nguyen have notably contributed to Fewcha Wallet by:
Additional Information
We'd like to request a small initial grant, based on the Taiko Foundation's decisions and discuss further information.
Agreement