DoubleDice: Bringing the Creator-Economy to the Gaming Industry

·2 min read

Takeaways:

  • A decentralized predictions-based gaming multiverse lets users play games or open their rooms in a user-friendly environment.

  • Users benefit from total privacy, increased fairness, and enhanced risk-reward parameters.

Road Town, British Virgin Islands--(Newsfile Corp. - October 28, 2021) - DoubleDice has created a ground-breaking decentralized gaming (DeGa) platform that will provide multiple games in a social trading setup, allowing users and token holders to open their rooms, invite their networks and followers, and monetize their network. Moreover, the room owners never have to risk losing money by playing the house or being a counterparty.

DoubleDice, created by an experienced team of coders, managers, and founders who have previously delivered ground-breaking blockchain innovations, aims to provide a paradigm shift in the $250 billion a year speculations market with the first major innovation in decades.

The project is backed by well-known industry veterans such as Darkpool Liquidity, Skyvision Capital, Axia8 Ventures, Polygon, njoi, and Zion Capital, and it plans to launch for customers in Q4 2021.

It will use its Ethereum/Polygon deployment, along with a tailored state channel environment, to provide users with the millisecond response times they expect. The project received the Polygon grant and intends to collaborate with other protocols to increase community outreach, lower transaction costs, and increase block speed. DoubleDice is also collaborating closely with the Constellation team, which promises to bring the benefits of an L0 while enabling a one-step cross-protocol deployment.

DoubleDice recently won a launchpad competition held by the Constellation and Lattice Exchange communities and will be launching a launchpad offer in the coming days.

DoubelDice will begin with speculation options on sports before expanding into political races, roulette, poker, blackjack, Yahtzee, craps, and e-gaming. These services can be supplemented with project collaboration and NFT interfaces. The founding team is already in talks with projects interested in branded rooms powered by DoubleDice infrastructure and tech-stack. Projects, brands and communities can directly reach out to start collaboration discussions at www.doubledice.com.

DoubleDice said: "Players are genuinely missing real innovation and would love to have a more socially engaging as well as informed environment. Given all the unfair bias that goes into the current centralized house-based setup, there is a need for a fair and transparent alternative. They are only up against other players without advantage and where their risk-reward is not capped by arbitrary odds placed by the house.

As an example, consider the game of Roulette. Today, players lose all their money if the outcome is incorrectly predicted. Their maximum returns, on the other hand, are artificially capped at 35x. At DoubleDice, if no one guesses correctly, their money is returned, and there is no artificial cap for a correct guess. For any event/game/spin, the returns are always based on the pooled maximum. This is the promise of providing accurate risk-reward parameters in the pooled gaming setup."

About Double Dice

DoubleDice is the infrastructure player and technology provider for the decentralized gaming metaverse, allowing users and token-holders to open their rooms, invite their networks and followers and earn revenues from doing so. The settlement protocols have been secured through a patent successfully registered with the USPTO (the United States Patent and Trademark Office). For more information, go to https://doubledice.com/. DoubleDice aims to be the global backbone for the decentralized predictions market on which anyone and any project can build.

Media Contact:
Company: MediaX Agency
Email: contact@mediax.agency

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101140

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