Blockchain Mechanics
Blockchain Based In-Game Currency In LasMeta, we use blockchain to make a safe, decentralized system for in-game currency. This makes game transactions clear and efficient, and lets players own and trade game assets on a blockchain market. Using blockchain for currency also supports features like staking, burning and making decisions in-game through smart contracts.
Decentralized Ownership in LasMeta In LasMeta, game assets are decentralized NFTs, ensuring players own and control their assets on the blockchain. These NFTs, buyable, sellable, and tradeable in the open market, have values set by supply and demand, though some are buy-only. This system creates a decentralized economy, enabling players to earn real-world value from gaming, promoting fairness and new monetization opportunities. Omnichain Interoperability Protocol for Cross-Chain Communication LayerZero's Omnichain solution provides an ideal resolution for applications operating within multi-blockchain environments, such as our LasMeta Token ($LASM). LasMeta utilises LayerZero's Omnichain solution to further streamline this process and enhance it with several advantages.
By adopting LayerZero's Omnichain solution, LasMeta significantly improves cross-chain interaction and functionality for our multi-chain applications, thereby substantially enhancing the overall user experience. This technology is particularly beneficial in areas such as real-time gaming mechanics and digital asset management. It offers significant improvements over existing solutions in terms of security and efficiency, aiming to appeal to a broad user base. (On-Off Ramp) DeFi Directly Integrated Into Game Interface LasMeta integrates DeFi, letting players trade in-game items and currency with cryptocurrencies and access decentralized finance services like lending. An on/off ramp system makes switching between fiat and cryptocurrency easy, enhancing user experience. This integration increases accessibility, utility, and the potential to earn real-world assets through gameplay, offering players more ways to grow their wealth in the LasMeta universe. VRF + Automation Integration The integration of Chainlink's Verifiable Random Function (VRF) and Automation technologies in LasMeta represents a significant advancement in the platform's functionality and fairness.
Chainlink VRF: This feature is crucial for games that rely on randomness. Chainlink's VRF provides a secure and verifiable source of randomness, essential for various in-game scenarios such as card shuffles and deals or loot mystery drops, random event outcomes, or procedural generation. The VRF ensures that the random number generation process is not only fair but also transparent and tamper-proof. This is achieved by generating random numbers that can be independently verified by anyone using the data and cryptographic proof provided. This level of transparency and security in random number generation is vital in maintaining trust and fairness in gaming scenarios.
Chainlink Automation: In the context of LasMeta, Chainlink Automation plays a pivotal role in the platform's tokenomics, particularly in the process of token burning. LasMeta plans to use Automation for automatically burning a portion of the tokens collected as fees from its treasury. This process is crucial for maintaining the token's value and ensuring a balanced economy within the game.
The integration of Chainlink Automation allows for these token burning events to be executed automatically and in a timely manner, based on predefined conditions set within the smart contract. For instance, the smart contract could be programmed to automatically burn a certain percentage of tokens every time the treasury reaches a specific threshold. This automation ensures that the token burning process is efficient, consistent, and transparent, as it operates independently of any manual intervention.
The Graph Protocol Nodes The Graph is an indexing protocol for querying networks like Ethereum and IPFS, allowing for the efficient and accurate retrieval of blockchain data. It plays a crucial role in enhancing the functionality and user experience of decentralized applications (dApps) by providing a way to query blockchain data quickly and effectively. In the context of LasMeta, The Graph is utilized to significantly improve various aspects of the gaming platform:
Real-Time Tracking of Player Progress: LasMeta uses The Graph node to track players' level progress in real-time. This means that as players advance through the game, their progress is continuously and accurately updated. This feature is essential for maintaining an engaging and competitive gaming environment, where players can see their advancements and achievements updated dynamically.
Recording Game Statistics and Transaction Records: The Graph node is also employed to record detailed game statistics, transaction records, and achievements for each hand played. This real-time recording ensures that all in-game actions, transactions, and milestones are accurately captured and stored. This data is invaluable not only for players who want to track their performance and growth but also for maintaining transparency and integrity within the game.
Maintaining the Leaderboard in Real-Time: The Graph node is instrumental in updating the leaderboard in real-time. Leaderboards are a critical component of competitive gaming, providing a platform for players to see where they stand among their peers. By using The Graph, LasMeta ensures that the leaderboard is always current, reflecting the latest achievements and rankings of players, which adds to the excitement and competitive spirit of the game.
Direct Swap Possibilities In The Game Interface "Any-to-Any" refers to the ability for players to directly swap their tokens from one blockchain network to another within the LasMeta metaverse interface. This means that players can easily convert their existing tokens, such as Chainlink or any coin on Binance Smart Chain, to Ethereum Network in order to purchase $LASM token. This feature provides players with the convenience and cost efficiency of being able to make transactions within the game, without having to leave the LasMeta and go to a different exchange. On-Chain Governance On-chain governance refers to a system in which the rules and decision-making processes of a decentralized organization or project are encoded directly into its blockchain protocol. This allows for a transparent and decentralized method for stakeholders to vote on and make decisions about the direction and development of the project. In the case of Lasmeta, on-chain governance would enable token holders to have a direct say in the direction and decisions of the platform through the use of smart contracts, making them true partners in the success of the platform. This system ensures that the community's interests are taken into account and that the platform is responsive to the needs of its users. Staking LasMeta staking periods are designated periods of time during which LASM token holders can stake their tokens and earn rewards. The staking rewards vary depending on the length of the staking period, with higher rewards for longer staking periods. In addition, there are special stake pools available for LasMeta investors, which open periodically and offer even higher rewards for staking. To participate in staking, LASM token holders must follow the rules and guidelines set forth by LasMeta, such as holding a minimum amount of tokens and participating in the staking period for the full duration. Blockchain Security with Lossless LasMeta is committed to providing the highest level of security for its players and investors. That's why we have implemented LossLess's Aegis Monitoring System to protect our smart contracts. The Aegis Monitoring System is a state-of-the-art security tool that uses advanced algorithms and real-time monitoring to detect and prevent any potential threats to our smart contracts. This ensures that all transactions on the platform are safe and secure, giving our users peace of mind when playing or investing in LasMeta. With LossLess's Aegis Monitoring System in place, we can easily say that our smart contracts are always protected and that any potential security breaches are dealt with quickly and efficiently. This is just one of the many measures we have taken to ensure the safety and security of our platform and its users.
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