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[OPGames Challenge 2] Use DeFi to create new innovative crypto payout mechanisms for non-blockchain games
alto-io
defi, payout, design, games
### Prize Title
#### [OPGames Challenge 2] Use DeFi to create new innovative crypto payout mechanisms for non-blockchain games
### Prize Bounty
1st Place: 5 ETH
2nd Place: 2.5 ETH
### Challenge Description
Games have traditionally been monetized through in-app purchases and ads. We want innovative new takes on rewarding players for playing a game that are still usable for non-blockchain games, since a lot of game developers are still building on non-blockchain platforms.
At OPGames weβve started with allowing game developers to reward their players when they win in a leaderboard or a tournament. Weβve seen some crypto payout innovations though in DeFi that haven't been used in games before (such as Pool Together).
We believe the Funding the Future Hackers will be able to create new DeFi mechanisms for games that will engage players. Aside from the traditional prizes from playing games (tournament prizes, daily logins, in-app purchase, ads) How can DeFi allow game developers to monetize players and create a sustainable game economy?
**Important!**
The successful mechanisms will be added as one of the solutions in OPGamesβ open-source libraries, or integrated as a feature in the crypto payout server. Full source code, docs and assets will be added to the repository. Make sure all code and assets are properly licensed / open-source.
**Resources**:
[Revolutionary DeFi Apps](https://medium.com/@w_brealey/5-ethereum-defi-apps-revolutionizing-saving-9f717fe2e595)
[Decentralizing Video Games - An Introduction](https://dev.to/polats/decentralizing-video-games-an-introduction-1mln)
[Game3js.com - Some links with steps on creating games with crypto payouts](http://game3js.com/)
### Submission Requirements
- app + backend / smart contract source code
- working demo (smart contract / backend + example app)
- documentation about the mechanism's design
### Submission Deadline
March 30, 2020, when the hackathon ends
### Judging Criteria
Judging Panel
- 50% ease of use for non-blockchain game developers
- 50% potential to be used by non-blockchain gamers
### Winner Announcement Date
1 week after Submission Deadline
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