Vidya is a multipurpose DeFi gaming token built on the Ethereum network that was created as a digital transfer of value for traditional games, blockchain games, and decentralized financial experiments. We assembled as Team3D to build Vidya as a cryptocurrency at the forefront of a cascading change that’s taking place in the world of digital value transfer in the gaming industry, specifically through peer-to-peer networks made possible by the blockchain. The Uniswap liquidity pool is locked behind a liquidity controller smart contract, appropriately titled for the job as “LiquidityController3D”. This smart contract keeps the Uniswap liquidity pool decentralized, and protected, from the woes of human error. Vidya was officially launched, and began trading, on August 22nd, 2020.
If you have ever thought to earn cryptocurrency for winning in games of skill against your friends then you have already touched upon the original vision that sparked the creation of the Vidya project. Having this medium be in the form of a token on the Ethereum blockchain allows it to avail of the unique opportunity to have its own liquid, decentralized market, thereby giving it an inherent value based purely on demand, that can’t be controlled, manipulated or subverted by any entity. Just as we intend to create a player-driven market with in-game items, and Easter eggs in the form of NFTs (http://erc721.org/), we intend for the value by which these items are measured to be completely in the hands of the community of players, enthusiasts and speculators alike.
Leaving consensus to those who do it best, we chose for the highly established processing power of Ethereum miners to handle Vidya token’s needs, with open ledger, blockchain based programs and protocols, transaction processing and network requirements all being handled by the most accepted provider in the world. Vidyans are therefore given the choice between an extensive and varied collection of blockchain and traditional games, as well as decentralized financial mechanisms, some examples of which being popularized in the mainstream mostly during the “Summer of DeFi” of 2020. This means, for example, that users can choose to stake their Vidya in our Generator, which will provide an even greater market liquidity for the token, whilst allowing anyone to put up their holdings for risk-free, exponential earnings over time.
In contrast to having a single, limiting sphere of functionality, the dynamic utility of Vidya gives users the freedom to interact with it in the way they like best while evolving with, and taking advantage of, the ever-progressing world of decentralized applications and finance. We make this easy for users by laying out an interactive, seamless hub through which they can interface with all Team3D and Vidya related projects, media, and information.
We call this TeamOS.
Though seemingly complex at first, we have created a personalized crypto-gaming hub through the Team3D website that provides users with information that’s unique to them, as well as a cross-game and cross-platform system of progression through our inventory and equipment systems. When a user enters TeamOS, they have the option of connecting to it through their Ethereum public key with a Web3 provider such as Metamask. This will fetch all their wallet-specific data for use in any of our work, as well as provide them with access to their very own personalized Vidya portfolio, NFT inventory, equipment page, staking, and more. We strive for the user experience to be as familiar as it is nostalgic, staying true always to our history, our character.
Ownership is the cornerstone of Vidya. Users spend millions of dollars daily around the world on microtransactions, items, and points that are totally under the control, and at the mercy of, the companies they were bought from. Many games or developers also become irrelevant, existing now only as distant memories, revisited only for the purpose of this example. This isn’t an issue with the market we’re building. It’s totally player-driven, can be maintained by its users even if something happens to the team, and puts total freedom in the hands of the participant. Think of it like Steam, but without the market restrictions. That means you actually get value that can be used elsewhere for the items you find or trade.
One of the great benefits of having this system take advantage of blockchain technology is how easily progression can be universally tracked across multiple games, even those from independent, 3rd party developers that opt to use Vidya! The traditional method of converting players’ real, hard-earned money into completely worthless data is, to put it kindly, for noobs. We’re an extension into gaming of crypto’s mission to redefine the meaning of value, as much as we redefine the value of control.
From this one location, users have access to their entire Vidya portfolio. Be they NFTs, or Vidya itself, anything token related will be found here. Included to the right of the inventory panel is your personal blockie paper doll, a digital representation of yourself in all your glory! Along with your paper doll comes six slots; one for headgear, one for main-hand, one for off-hand, one for torso, one for pants, and one for footwear. Only certain items can be equipped, and provide their user not only with unique cosmetic options that vary between games, but also unique abilities, buffs, or prerequisites for the discovery of secrets hidden amidst our work.
Along with our traditional gaming ecosystem, Vidya’s Generator is an NFT-based liquidity staking mechanism, and one of the more recognizable elements of typical decentralized finance in our project. The Generator consumes an NFT energy source called “Dark Matter” as fuel. In order to enter the staking pool, users first must acquire Dark Matter, then provide liquidity to the Vidya pool on Uniswap in order to receive liquidity provider tokens that they may then stake in our Generator. They will receive VIDYA daily, which rewards more for larger stakes, and compounds exponentially the longer they hold their stake within it. This incentivizes Vidyans to hold as many tokens as they can, for as long as they can. Due to the nature of this particular system of staking, the liquidity pool for Vidya on Uniswap benefits from amplified support which is bolstered, and maintained, through the rake from games.
Apart from our Generator, Vidya will feature many more rewards and earnings mechanisms. NFT staking in-game will allow users to not only earn Vidya, but also maintain status or cosmetic effects for the duration of their stake, or until their expiry. This helps to build value for Vidya as well as individual NFTs, inspiring you to hold onto them for dear life awaiting the next opportunity to capitalize on their use, or to sell them on for a profit.
Player-created lobbies are established by Web3-enabled users, who must first pick a deposit amount that must be matched by others before they can join the lobby. Upon accepting the lobby configuration, the lobby-creator is then charged for the amount specified to begin the initial pool, securing the initial wager instantly. Subsequent users who then try to join will be prompted with a transaction to meet the original wager prior to joining. Once paid, they will then be entered into the lobby with the creator, where they will either begin the match, or wait for other players, depending on the match configuration.
The non-custodial escrow contract responsible for managing the match will await the trigger of a win condition, upon which it will be notified by the game to close the pool, and distribute winnings to the appropriate user(s). In the event of a lobby closure, or failure to meet win conditions, users will be sent back to the lobby menu and refunded their initial wager minus gas. Fees are only ever deducted from the pool following successful match completion.
Who are we? We’re Team3D. We prefer to stay anonymous, but our work is known so that we don’t have to be. We’ve helped out with a ton of projects in the scene, some being: TronGoo, TronFarms, BroFistCoin, 0x60, Uptrennd, UniPower, GemBites, and many more. We’re always active, feel free to stop by for a chat any time. Look forward to meeting you!
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If you have any questions or comments, feel free to send us an e-mail at [email protected]
