New Project｜Hunch: Can Arbitrum's gamified DeFi become a new generation of DeFi Kingdom?
Hunch is a gamified DeFi project,
The Hunch team believes that many excellent encrypted traders are active in DeFi, and the rise of DEX has made transactions more free. But in the world of DeFi, traders will miss some interesting experiences.
At the time of the initial rise of blockchain technology, it was widely believed that blockchain technology would be initially adopted in the gaming industry. But so far, the industry has not been able to reasonably apply game elements to DeFi. Specifically, the success of video games is due to the strong sense of immersion created by games, which can bring players into another real world and have some positive and interesting experiences. And game developers will also cater to the needs of players and continue to enrich the game content.
Hunch hopes that this more positive gamification factor can also be added to the DeFi experience, making DeFi more interesting.
After entering Hunch, the homepage of the game is a large map of the game, and different locations on the map represent various products/games.
In design, Hunch provides players with the following:
Gamification of Uniswap v3 and Curve
A perpetual contract DEX similar to GMX/GNS, and a game built on top of it
Derivatives exchange, and provides players with a PvP arena to trade various exotic options in the arena
Provide players with a gamified lending agreement through dynamic LTV based on future price trends
secondary title
The Flippening
Sadly, despite the huge plans, only one feature, "The Flippening," is currently live on Hunch.
The Flippening, that is, "flip". In this game, players can predict when the market value of ETH will surpass BTC and win rewards.
This game relies on oracles to guide a gamified marketplace that focuses on the exact time (date and time) when the rollover will occur.
The term "flippinning" was coined in 2017 to refer to the possibility that etherum's market capitalization would surpass that of bitcoin. The concept of cryptocurrencies and their supporters and opponents has generated a lot of debate in the cryptocurrency community. Hunch launches with its first DFG, allowing anyone to try and measure the exact point at which flippning will occur.
In the first game, DFG's paradigm shift begins.
Once the flip happens (ETH market cap exceeds BTC market cap), the exact moment on the blockchain will be finalized and the jackpot will be determined to be distributed to the winner. Prize pool allocated to winners
A winning ticket is any 1 week radius lottery with an upside down date.
The prize pool will be distributed among the winners in proportion to their votes.
After the rollover, the 7-day claim period will begin. Winners must claim their prize within this period. Unclaimed winning tickets will lose their fair share of prize money.
Governance: 5% of each ticket price goes to the Hunch treasury. Process after Flippning event:
Hunch is a gamified DeFi protocol. This is an area of pure skill games where a player's ability to make precise assumptions about the future will determine his or her success. As in DeFi, the game element does not involve any RNG (Random Number Generator), but relies heavily on pure skill.
When the game starts, gamers can navigate between different dfGs (deFi games), and Hunchville represents the gamified deFi world in "Hunch". Each DFG is unique, based on its own financial and/or DeFi-community-related aspects, while introducing unique gameplay and mechanics.
DeFi Kingdoms is more like a DeFi and NFT market in essence, but these are all carried out in the form of games. It makes DeFi and NFT transactions as interesting as games. This design can be described as ingenious. According to its roadmap, DeFi Kingdoms will add more gameplay links in the future.
It is foreseeable that gamefi is the application closest to the "entity" in the crypto world. Judging from the proportion of gamefi's market value in the overall market value, its market value still has room to grow. At the same time, the application layer is still in the early stages of exploration, but there have been amazing developments in just a few years. Of course, while firmly believing in a bright future, we must also be aware of the current difficulties and the complexity of the process: gamefi still has many pain points that have not been resolved, and these problems cannot be resolved in the short term. Personally, I think that in the future, gamefi may have a polarized development where games belong to games and crypto belongs to crypto. That is to say, gamefi, which is close to modern electronic games, will be more "light chain reformed", gradually reducing its own ponzi characteristics and increasing players' consumption Behavior; CP with a more crypto native form will be composed of a core team with a background in mathematics and cryptography, and will never return to the "interesting" road that geeks and financial players will find.
