多边形（MATIC）区块链
PolyFlip
PolyFlip
Introduction:
Polyflip is a virtual and decentralized gaming platform, using a smart contract built on Polygon blockchain.
The platform introduces a unique gaming experience through the combination of both traditional core game and blockchain mechanics, that are described in this document ahead for new players and NFT investors.
Users can play Coinflip and double up their MATIC / ETH with 50/50 odds or play multiple Coins and win up to 16 times the pot. Every bet comes with a 2% fee, distributed as an Exclusive Reward to all Polyflip NFT holders.
Polyflip is powered by Chainlink, the leading provider of VRF: Verifiable Source of Randomness”, that ensures the total fairness and randomness of our protocol.
The smart contract will be linked as soon it is deployed on Polygon blockchain.
What is Polyflip?
Polyflip is a decentralized betting platform powered by Polygon Network and Chainlink.
Unlike traditional casinos that operate in black boxes, Polyflip runs on smart contracts that are fair, transparent and immutable.
The principle of the smart contract is to allow the users to play with their tokens on Polygon blockchain with a double or quits mechanism.
The users have the possibility to choose the amount of the prize, by increasing the number of coins to flip simultaneously, up to 16 times the pot.
These are the possible plays:
Win 2 times* the value of the pot with only one coin and 50% odds;
Win 4 times* the value of the pot with two coins and the 25% odds;
Win 8 times* the value of the pot with three coins and the 12.5% odds;
Win 16 times* the value of the pot with four coins and the 6.25% odds.
Once the user connects the wallet, he gets access to his/her private dashboard that shows:
The player's history and the game stats.
Acredit bonus balance, only in MATIC, where the users will receive special prizes during the gameplay. More details in the next paragraphs.
The polyflip points balance.
The holders of the Polyflip partnership NFTs will also find a dedicated section where they will receive their Exclusive Holders reward.
*Excluding the 2% of the play fees.
NFT Holders:
The benefits for the holders of at least 1 of the 950 Polyflip partnership NFTs includes, but not limited to:
The possibility to receive weekly 1,5% of the total volume generated by the platform, as a reward in MATIC. The Exclusive Holder reward per each NFT is calculated as the 1,5% of the total volume generated that week divided by the total number of NFTs. If more Polyflip NFTs are detected in the user wallet, the rewards in MATIC will be the sum of the rewards of each NFT. As an example: if the total volume of the WETH or MATIC played on the platform in one month has a countervalue of 5.000.000 MATIC, the reward received per each NFT, monthly.
Exclusive priority to future NFT projects related to other services that we will implement in the platform.
Be our partner in the development of the project that aims to become the leading gaming platform of Web 3.0.
There are 2 ways to redeem your reward:
Claim the rewards
In the spirit of the platform, we give the possibility to our holder to double up (or more) their weekly reward by flipping one, two or more coins.
As a reward to the most loyal users, Polyflip will introduce two special editions of NFTs, as part of our ecosystem: a PRO edition and an ELITE edition.
The NFT ELITE and the NFT PRO will be airdropped to players who achieve a certain amount of MATIC/WETH volume played on the platform. The amount will be disclosed few weeks from the launch, when the platform will be fully operative.
The benefits associated to the NFT ELITE and the NFT PRO will be:
Fees discount for Polyflip games;
Be whitelisted in new projects;
Get exclusive access in new Polyflip initiatives (i.e. MATIC cashback, exclusive competitions to win a treasure);
These NFTs can also be exchanged on Opensea.
The Games?
The principle of the smart contracts is to allow the users to play casino games with their tokens on Polygon blockchain.
The users have the possibility to play Coinflip, Crash, Roulette, Dice and many other games directly on-chain. This ensures the total transparency and fairness of the platform, which integrates verifiable source of randomness through VRF service powered by Chainlink.
How do you ensure the randomness of the results?
Polyflip smart contract communicate with an off-chain service powered by Chainlink which ensures the randomness of the results and prevents the system from being exploited and hacked.
Holder's Reward Distribution:
As a Polyflip NFT Holder, you will get an exclusive reward based on Polyflip games profit. Only a total of 1000 Polyflip NFTs will be sold and will ever exist.
Every bet transaction placed on the website will have a fee retained in order to make the protocol sustainable. The profits are calculated weekly, directly on-chain, considering the difference between the MATIC played during the week and the MATIC won during the same week, between the two blocks of the rewards distribution.
For example, if on Sunday the house starts with 30,000 MATIC and on the next Sunday there are 40,000 MATIC, the positive difference, in this case 10,000 MATIC, will be distributed according to the following shares:
50% distributed to holders and 50% kept in the house until the house reaches 50,000 MATIC balance;
60% distributed to holders and 40% kept in the house until the house reaches 80,000 MATIC balance;
70% distributed to holders 30% kept in the house until the house reaches 100,000 MATIC balance;
75% distributed to holders and 25% kept in the house above 100,000 MATIC MATIC balance in the house.