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Showdown Gaming

Showdown Gaming aims to revolutionise the eSports and competitive wagering landscape by bringing the benefits of the Web3 ecosystem to Web2 gaming. This involves creating a bridge between the two ecosystems and allowing gamers to use decentralised financial tools within the traditional gaming environment. The goal is to provide a platform where gamers can seamlessly wager, transact, and compete using a secure and transparent blockchain-based system.

Release Status:Development
Published At :2023-09-19T02:13:24.000Z
Free To Play :No
Social Networks :
Developer :Team | Showdown Gaming
Overview 

Relative is a cross-industry decentralized application ecosystem, focusing on derivatives and skill-based gambling. Against the backdrop of the rapid rise of Web3 and decentralized finance (DeFi), although there are many platforms serving specific fields, many platforms are still difficult to access or lack appeal for ordinary web3 users and traditional web2 users. This limits the potential for mainstream adoption. To address this issue, Relative was born, aiming to bridge these users, allowing them to easily enter the decentralized world. Relative is not just a platform; it represents a vision to popularize and make digital currency and blockchain technology more accessible by providing innovative financial tools and solutions. As its initial focus, Relative has identified three mature fields for subversion due to the huge demand and lack of suitable web3 infrastructure: SocialFi, DeFi, and GameFi. By providing cross-industry derivatives and skill-based gambling products that meet the needs of these specific fields, Relative aims to distinguish itself from existing DeFi platforms that mainly focus on digital assets and securities.

 Introduction 

On the Relative platform, users will experience a new way of financial interaction. First, P2P relative value gambling offers retail participants a unique opportunity to make huge returns on minor price movements of assets. The core of this gameplay is that users can choose two assets and bet on their relative value, providing them with a simple and intuitive way to leverage their insights into the market. Secondly, the price prediction pool is a gamified version of traditional options, combining a lottery-style reward model, offering speculators the opportunity to achieve exponential returns. This gameplay encourages users to think strategically while providing a fun and exciting way to participate in the financial market. But the gameplay of Relative doesn't stop there. Although its initial focus is on social gambling of financial assets, its expandable model and simple smart contract architecture mean that the platform has the potential to introduce any non-financial product supported by reliable data points and oracle infrastructure. As blockchain technology develops and cryptocurrencies pave the way for the hyper-financialization of the world, Relative's social gambling products will be ready to cater to the ever-expanding categories of assets. In addition, Relative is also committed to providing its users with educational and training resources to help them better understand the various gameplays and strategies of the platform, thereby making wise decisions. Whether it's a novice or an experienced investor, everyone can find gameplay and strategies suitable for them on Relative.

 Economic Model 

The economic model of Relative is the cornerstone of its core competitiveness, providing users with a stable, transparent, and innovative financial ecosystem. By creating Relative Strength Derivatives (RSD), Relative offers its users a unique opportunity to speculate on the relative price behavior of any two assets. The uniqueness of this method is that users can not only choose assets they think will rise but also assets they think will fall, effectively buying one asset and shorting another in the same transaction. The introduction of RSD greatly expands the profitable opportunities and strategies available to speculators. Traditional DeFi platforms usually only offer a limited number of asset pairs for users to choose from, but Relative's economic model provides users with a wider range of choices through RSD. This not only increases user engagement but also provides them with more strategic choices. In addition, Relative also values the fairness and transparency of its platform. Unlike many other DeFi platforms, Relative is committed to providing retail investors with a level playing field. This is achieved by providing non-custodial solutions and simplified derivatives, allowing all users to participate on an equal footing. Relative also recognizes that in order to ensure the long-term stability and success of its economic model, there must be a strong incentive mechanism. Therefore, Relative offers attractive rewards to liquidity providers and other participants to encourage them to participate and support the platform. Finally, Relative's economic model also takes into account future scalability and sustainability. As more assets and strategies are introduced to the platform, Relative's economic model will continue to adapt and evolve to meet the needs of its growing user base.

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Telegram Member 2492
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Twitter Follower 19647
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Discord Member 10431
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