HashVegas - Casino game revenue share for dApp staker

Governance dApp Staking Applications
21

Thank you~

But it seems like there’s a lot to learn in order to do dApp staking~ Since it’s a casino game, it might not even show up on the dApp staking screen, so I think it would be good to check it out in detail and upload it~

22

We are just getting ready to start marketing~

We only have about 1,000 MAUs so far, but we plan to market intensively starting in May. If we do marketing, we don’t have to do a 50% revenue share. However, if you participate in the Astar community, we have created a structure that allows a 50% revenue share.
We can use ZK technology for betting tokens, but we don’t have any plans to use it for the entire casino game.
And we are currently in the mobile version, but the web version will be released soon.

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23

We’ve just started working on building a community. It would be great if you could join the Astar community too.

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24

I don’t understand why, you would propose a dApp in the gaming area - invest, right?

The important thing is that a large part of your dApp (game) has infrastructure deployed over the Astar Network and you use the $ASTR token within the application itself.

This is enough to welcome you.

25

Implementation for the entire casino can be costly and cumbersome. How will it work for betting tokens only?

26

The idea of the casino is great, the personalization through characters gives it a striking plus because users will feel identified. However I have some questions:

  1. What about the legal regime, how will it work? Well, in some countries gambling is regulated.

  2. Will you have a governance token or will you implement ASTR for your ecosystem?

  3. There is a lot of competition in the ecosystem in terms of gambling, how do you intend to reach more users, what is your plan in the short term to encourage the community?

27

Hi Andrew,

I have just sent you a private message, if you can please review when you have the chance.

Thanks!

28

You can check it when you enter our game. Currently, you can only play with USDT, but it can be expanded to various tokens.

Download the game from the site below and try it out.

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29

Here is answer of your questions.

  1. HashVegas has obtained an Anjouan license. However, even with this license, casinos cannot operate in countries where they are originally illegal. This is a legal regulation that applies equally to all casino games.

  2. There is no separate governance token, and various tokens will be used. First, we plan to use a coin that obtains RNG values ​​in the ecosystem so that it cannot be tampered with and someone cannot predict the game’s results in advance. Second, we plan to allow various coins such as ASTA, in addition to the existing USDT, to be used for betting.

  3. This part is about our internal business strategy, so I can’t go into detail here. However, as shown in the game, we plan to allow betting with various coins and absorb various communities to carry out initial expansion.

30

Thanks. I will review it, and reply to you.

31

The reason why we are having a hard time distributing and proceeding with the dApp right now is because the game is a gambling game, so I think it may not be listed in dApp staking. So, I think it would be right to proceed if there is no problem with the listing through the person in charge of the matter.
Of course, the process of dApp staking listing is not simple. It would be good to have a guide document for that part.

32

Actually we have it → For Developers | Welcome to Astar

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33

Thank you for your answers, I will be attentive to the news of the project, I wish you much success.

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34

Hi Friend,

thanks for the proposal. here are some of my questions :

1- Could you give us some info about your current readmap?

2- do you have a Whitepaper for your project on top of your wiki?

3- you mentionne that a private sell of HCOW as occured already and the a public sell is coming. But what’s the use of purchasing HCOW if ASTR can be used for playing/betting? Does player will need to hold HCOW too to play?

4- You mention that 50% of casino income on ASTR will be shared with dApp staker which is very generous but to me it seems that it may slow down your devloppment as 50% of your income will be realocated to community growth instead of dApp dev. Therefor, i wonder how are you planning to use dApp staking program income in your project and how dependant of the dApp staking program your project will rely on them to developp?

5- How do you intend to limit your dApp accessibility in country where Casino are forbiden

6- You mention that HashVegas is already generating income through USDT betting. Could you hsare wit hus which KPI are you using to measure your dApp growth and usage? also , would you mind sharing with us some of those KPI?

thanks for your time :slight_smile:

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35

Thank you very much for the information. I just learned that the license has quite high costs. In this case, I’ve gained additional knowledge. Anyway, I’d like to ask some additional questions:

  1. In terms of targets, what are the team’s numerical goals?

  2. Regarding competitors with similar projects, are there any specific projects you could mention?

36

First of all, thank you for asking.

  1. The roadmap needs to be explained in several aspects. To put it simply, we already have various games other than Hold’em and slots. We will continue to expand these games. And we are preparing various elements such as ranking and VIP systems in terms of business. Since it is not yet confirmed, I will explain it to this extent.

  2. We are operating two things, HashVegas game and HashCow, an RNG-based game platform protocol. The game does not have a WhitePaper. However, you can check the Whitepaper of HashCow at hash-cow.io.

  3. HashCow (HCOW) has various aspects. First of all, HCOW coins must be used to obtain fair results using RNG on game platforms. In addition, when staking ASTR, only the profits generated by the ASTR community will be shared. However, HCOW can receive a share of the profits generated by the entire casino. Currently, 10% of the total profits are planned to be distributed to HCOW staking users according to the staking ratio. In addition, HCOW is also planned to be used in games for various purposes.

  4. A 50% revenue share can be a huge number for customers who staked, as we discussed. However, from the casino’s perspective, it’s a win-win situation, so I don’t think there’s a need to adjust the ratio. HashVegas is currently in the early stages of marketing and is marketing in various ways. One way is to collaborate with projects like ASTR, and the second is to market ourselves. Other than that, it’s impossible to disclose it here, so please think of it as marketing in various ways. Please also consider purchasing HCOW as it will help you increase your sales through marketing in the near future.

  5. We will of course only serve countries that are permitted based on the licenses we have. Don’t worry.

  6. What we can reveal now is that we are growing our user base and conducting private/public sales. We hope you will also be interested in our X. https://x.com/Hashvegas_Offi

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37

First of all, thank you for asking.

  1. First of all, it is difficult to reveal specific figures here. KPI was mentioned in the previous question, but I hope you understand that it is difficult to reveal them publicly.

  2. I think it would be good to think that our competitors are projects like Rollbit and PokerStars.

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38

Thanks I will check it.

I have a question. You mentioned that I need to propose a dApp in the gaming area - invest. Can you tell me more detail about this? I will be appreciate if you can also provide related information.

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39

Hi Andrew,

Thanks for your answers.

Providing a proper roadmap is an important tool for the community and the Astar Community Council (ACC) to assess project developpement & evolution once they are part of dApp staking program. I strongly advise you to prepare one if you don’t have one already ready and share it with us. It do not have to be specifically oriented towards activities on Astar but we need to understand what are the milestones you’ve already achived, the one you are planning for the futur in and out of Astar.

Thanks, will go take a look

So HCOW holder are entitled to 10% of the whole casino profits and HCOW token will be required to play on top of currency used to bet (ASTR, USDT etc…). Is that correct?

My question was more about how you are planning to use dApp staking program income in your project and how dependant of the dApp staking program your project will rely on them to developp.
As you may know, ACC has recently established a new Code of Conduct (CoC) for dApp participating to dApp staking programm and how dApp rewards are used is an important aspect of this new CoC in order to make sure that this financial support is used heticaly and for the co-benefice of the dApp and Astar Network

My question was more about how do you plan to restrict access.
Also would it be possible to provide a liste of Country you are autorized and forbiden to operate. It would give us a short overview of the global regulation ecosystem on this subject.

CoC request that onboarded dApp in dApp staking programm provide regular repport of their activities including KPI to again allow community and ACC to assess projects developpement & evolution. We need to know early on which KPI you are planning to share as well as their current level in order to establish a baseline prior to Astar onboarding.

Thanks for your detailled answers

Mouthmouth68

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40

Since there are already reward-distribution games in the ecosystem, I don’t see an issue—in fact, this kind of initiative can increase network usage and potentially attract new users. However, my concern is whether it might just end up being another way to inject more tokens into the ecosystem without generating real demand.

I’d like to better understand what utilities the ASTR token will have within the game.

Also, as MouthMouth mentioned, the Code of Conduct (CoC) is the foundation for dApp staking applications. Please review its parameters, and if you have any questions, feel free to reach out here.

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