Overview
Cryptocurrencies went mainstream in the last four years, and with it, many online and offline services began to accept cryptocurrencies. The majority of people are aware that blockchain is a new standard for information exchange and app development. In the coming years, the use of blockchain in online gaming will accelerate and become even more mainstream. It is also destined to revolutionize the gaming industry by providing the opportunity to create decentralized games.
Making profit through various DeFi applications is not new to all crypto users but the idea behind decentralized games where users make an income by competing against each other in a verifiable transparent manner - is largely inclosed to the field of the decentralized finance(DeFi) sector. We are already seeing projects that are disrupting the space by basing their infrastructure entirely on blockchain systems. This gives complete peace of mind to their players and is proving increasingly popular. Amongst such projects, one name is Wunzo finance.
What is Wunzo finance?
Wunzo is bringing the enhanced concept through the mixture of traditional Defi applications and gaming concepts. Wunzo tried to push the edges by developing a platform that offers users a competitive reward mechanism topped with NFT's that generate passive income for users. Along with the reformed DAO that offers users a portion of the platform's income.
For decades, traditional board, dice, and card games such as Poker and Ludo have drawn the attention of millions of people all over the world. However, they do not provide any monetary compensation in exchange for the time and effort people put in. The DeFi sector with no doubt will change all of that. Depending on one’s knowledge and skill players can earn thousands of dollars simply by doing what entertains them.
The fact that board games require tables, Wunzo decided to make the playground NFT tables, knocking off the hassle of making money through trading NTFS, users can now generate income simply by owning tables. Therefore, table owners get their fair share of every game played on their tables.
Ecosystem of Wunzo
Wunzo Basics
Wunzo Games - For starters the dedicated games are Ludo and Poker with the next one is most likely recommended by the platform users. The games will not be like any other hit and run games instead they will be in the sence of large scale last man standing deathmatch in which players compete to be the last role of standing. Only one fortunate winner will come out on top.
Wunzo Tables - Considering NFT's have captivated the interest of crypto investors worldwide. The tables will be NFT's that can be purchased and traded on Wunzo's platform or any other platform. These tables are the only playground on Wunzo where players queue for games like Ludo or Poker. Every table is adjustable by its owner.
Wunzo Tip Jar - Wunzo receives one percent of all the prize income, half of that income is transferred to Wunzos's Tip Jar as its the main resource for shareholders' earnings.
The ecosystem of Wunzo is classified into three parts Rollers, Croupires, and Shareholders. With their own methods as they interact with one another to build a strong valuable ecosystem.
1> Rollers - Rollers are first-time users of the platform competing against each other in games. One win can be as significant as a 900% profit. Each roller pays an entry fee that gets collected once the game has ended, the winner takes all along with the jackpot ticket the platform gives away for everyone including losers in the game. These tickets are used to join the monthly jackpot prize of the platform.
2> Croupires - From rollers who play on tables to Croupires who own those tables. For Croupires to generate an income they set a predetermined fee as a cost for the table. Once used by the rollers the table's fee will be deducted from the winner's prize to its owner i.e Croupires. That fee, however, is included with Wunzo's which is 1% of the winner's prize being semi deducted to Wunzo's tip jar which leads to Shareholders.
3> Shareholders - Shareholders are the investors who preemptively locked their Wunzo tokens within the platform to maintain a stable and long-term value of those tokens. In exchange for a daily share from Wunzo's tip jar. With the circular economy in mind, this strategy results in an increase in the overall token value.
How Does it Work?
Wunzo establishes the circular economy that meets the growing need for transparency and trust generating a healthy ecosystem for steady token value.
When Rollers play games to generate income they make use of NFT tables, which produce profits for both Croupires and platform, allowing to transfer some portion to Shareholders Who have staking their tokens in order to increase the value of Wunzo's exclusive items. These items are offered to Rollers to compensate for their losses.
Features of Wunzo
Jackpot - Wunzo's Jackpot provides a fun way to turn a small amount of digital currency into a life-changing pile of money. In Jackpot, you may want to put on your magical lucky hat.
Clash - Clash is a monthly tournament for Ludo and Poker in which rollers compete till the final phase to pull off the largest chunk.
Bots - One of the most unique features of this multi-level platform is Bots, Users can create amazing bots using Wunzo's open API, Whether it is for personal use or for public paid use. Bots are AI that can perform a number of useful automated activities such as strategies, so even you are not around you can just set one or various bots to play on your behalf. The best thing about the Bot is they can be purchased so it is a great opportunity for developers to place their bots in Wunzo's store for public use in exchange for a price that they set in advance.
Wunzo's token
WNZ is the platform token of Wunzo's ecosystem deployed on the Binance smart chain. WNZ is one of the primary currencies used to unlock Wunzo's features.
Tokonomics
Token Name: Wunzo
Token Ticker: WNZ
Network: Binance Smart Chain
Total Supply: 50,000,000 WNZ
Conclusion:
The idea behind Wunzo is to create decentralized games where users make an income by competing against each other in a verifiable transparent infrastructure using blockchain. It is also destined to revolutionize the gaming industry by providing the opportunity to create decentralized games.
Read More Here:
Website: WunzoGames.com
Twitter: twitter.com/WunzoOfficial
Youtube: youtube.com/channel/UCb4HQDER58jLUUhZa2Uv_Kw
Telegram: t.me/Wunzo
Medium: medium.com/@Wunzo
Reddit: reddit.com/r/Wunzo
Whitepaper: WunzoGames.com/docs
Proof Of Author
Forum Username: Cryptomate7
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3362384
Telegram Username: @Supercrypto12
Bep20 address: 0x9138d2a99b47fF2A98927fEBF620C622939a6E66