Weekly Video Updates

Mentor:

Boidu and Andi

Challenge:

The online gambling industry faces significant trust issues, with players often questioning the fairness of games and worrying about rigged systems. Traditional online casinos lack transparency, providing little insight into game mechanics, which fuels skepticism and uncertainty. Additionally, security concerns over user data and funds are prevalent, as high-profile breaches have made players wary of depositing money. Moreover, many online casinos restrict access based on geographic locations, limiting the audience and potential player base.

Solution:

Building a Plinko casino game (and subsequently other games that rely on the same foundational smart contracts and logic) on the Mode Network addresses these challenges by leveraging blockchain technology to enhance trust and transparency. Running the logic on the blockchain and using verifiable random number generator oracles such as Chainlink VRF ensures that all game outcomes are transparent, guaranteeing fairness. Smart contracts encode the game's rules and mechanics into the blockchain, making them publicly accessible. This provides robust security features, protecting user data and funds against hacks and fraud. Furthermore, the decentralized nature of the Mode Network allows global accessibility, enabling players from around the world to enjoy the game without geographic restrictions.

Why it is important:

Building trust in online gambling is crucial for the industry's reputation and growth, and building the Plinko game on the Mode Network would set a new standard by ensuring fairness and transparency. By removing geographic restrictions, the game can attract a larger and more diverse player base, fostering an inclusive gaming community. The successful implementation of this game can serve as a model for future blockchain-based casino games, especially ones using a similar formula. Additionally, building this game will be a valuable learning exercise for the team, providing hands-on experience with blockchain technology and smart contract development.