Changing the gaming industry with Night Life Crypto
The blockchain industry has seen a boom in the past few years and while NFTs, DeFi, DEX, and blockchain are seeing a wide-scale adoption cutting across sectors, the gaming industry has been slower in its adoption.
Some of the major issues faced by the gaming industry currently are that of lack of transparency and trust, slow transaction speed and the transaction fees itself, absence of user privacy measures, and thus a fear of data breaches.
Night Life Crypto aims to address all these issues and introduce blockchain into the gaming industry.
What is Night Life Crypto?
Night Life Crypto is an all-on-chain gaming platform allowing its users to stake liquidity and pay zero fees on the game transactions. It makes use of the Turtle Network as a second layer solution, enabling the platform to provide its users with instant confirmation time for results and bets.
The platform also lets a user play high-quality arcade games without paying any transaction fees. The platform is seeking to develop action-packed, good-quality games with high replayability, in order to give users a real-world arcade experience.
Night Life Crypto’s goal is to provide gamers a functional platform that lets them play games without worrying about cheating or rigged results.
Major issues solved by Night Life Crypto
Source: Night Life Crypto
As mentioned earlier, Night Life Crypto aims to solve a lot of the problems faced by the gaming sector currently. Some of the major issues it solves are-
- Providing a two-layer solution– The Night Life Crypto platform uses the Turtle Network blockchain for the gaming platform and the Binance Smart Chain for selling and buying NLIFE (its native token).
- Building a trustless platform– Everything on the Night Life Crypto platform is verifiable and open-source. This creates a trustless platform where the results of any game can be re-checked with the Random Number Generator.
- Freedom from transaction fees– The platform charges zero transaction fees to its users if they wish to play any games on the platform. Adding to this users can spend NLIFE instead of BNB to send their funds to the BSC chain.
- Holding a non-custodial wallet– Users have full control over the wallet that is generated on the Night Life Crypto platform. The seed phrase to the wallet is owned by the user, this lets them have full control over their funds and achievements.
- Protecting user’s privacy– Night Life Crypto gives its users complete control of the information they want to provide on the website. Users can choose to create anonymous accounts without any email address required or they can choose to create a platform account with their email address that would let them activate 2FA (Two-factor authentication) for added security.
How it works?
To play games on the website, users can get the NLIFE tokens on PancakeSwap and generate a seed phrase on the Night Life Crypto platform, later they can send tokens from their BSC wallet to the NLIFE platform wallet which would enable them to play any game on the platform.
Users who want to stake liquidity can do so for the NLIFE/BNB pair on PancakeSwap after which they can click on the Staking link at the top menu and connect their Binance Smart Chain or Metamask wallet and enter and stake the amount they want to. Once this is done, the user will get a portion of the transfer fees which is based on the amount staked vs the total amount staked by all users.
The NLIFE token
The NLIFE token that is tradable on the Binance Smart Chain is the Night Life Crypto’s native token. The low latency and cross-chain digital asset management features offered by Binance Smart Chain provides users with a smooth buying process.
It has a maximum supply of 3,425,000 tokens which can be further broken down to 250,000 tokens for the Initial Seed Sale, 1,125,000 NLIFE tokens for the Private Sale, 1,500,000 tokens for game payout reserves, and another 550,000 tokens kept for initial liquidity.
NLIFE would also be listed on PancakeSwap and users can choose to provide liquidity to pools and earn a 1.5% profit. PancakeSwap lets its users trade crypto by exchanging against AMM liquidity pools instead of an order book, this makes the process of swapping easy, flexible, and seamless.
Conclusion
Integrating blockchain technology into the gaming sector and providing gamers with a secure, trustless environment forms the core of what Night Life Crypto is offering to its users. Its collaborations and partnerships with known industry leaders such as Multi Tech Solution, KGB Concepts and AUREUS helps its case in making a mark in the gaming sector.
The platform itself is up-and-coming with a lot of things lined up according to its roadmap. It would be interesting to see how it tries to shape the online gaming sector in the future.
To learn more about the platform check out their website.
Disclaimer: This is a paid post and should not be treated as news/advice.
OhNoCrypto
via https://www.ohnocrypto.com
Anjali Sriniwasan, @KhareemSudlow