The GOB gaming ecosystem is driven by a concept we call the Risk-To-Earn model.

The Evolution of Play-To-Earn

The Play-2-Earn models often operate by having players acquire assets, play the game and earn a token or other NFTs with no risk attached. The problem with this model is that there are only winners and no losers. This issue is compounded by the fact that there is often a constant influx of new supply entering the market, out of the inflationary pools of assets, that was never paid for. This results in never-ending supply pressure that dilutes the value of each token and creates a Pay-to-Earn scenario where players with more assets have an advantage in the ecosystem. As a result, most Play-To-Earn projects that launched during the last cycle have ceased to exist.

Risk-To-Earn, the Alternative

The concept of risk is rooted in the economic principle that for a reward to exist, some risk must be involved. In the Web3 Gaming industry, Risk-To-Earn offers an additional dimension, a more sustainable alternative to the common Play-To-Earn models prevalent in many Web3 Gaming projects.

The Risk-To-Earn model operates on the principle of a game that is zero-sum, similar to trading. In each trade, there is a winner and a loser. In this model, both players must risk a wager sum, and upon winning the match, the winner takes the risked sum away from the loser. This creates a sustainable system where the same escrowed bounty continues to be exchanged back and forth between players, creating a constant demand and trading volume for the token, whether it’s buying to risk or selling the reward.

Ecosystem Integration

As our ecosystem is a Web2/Web3 hybrid, it allows the opportunity for players to participate in their PvP TCG battles off-chain for free. However, for players wanting to earn, we are opening the opportunity to wager against each other in a Risk-To-Earn system, or microwagering.

Why Microwagering?

The goal is to make the game attractive to all market participants, regardless of their financial standing. There are no minimum or maximum limits to wager. Each player chooses a token tier to wager and waits for an opponent willing to match within that tier. Once both players agree and sign their transactions, the amounts are combined, sent to an escrow account, and the game starts. Upon the game’s result, the combined amount becomes available to be claimed by the winner.

Arbitrum - Ethereum Layer 2

The token supporting the microwagering utility in GOB's games is meant to be a DEX-only token launched on Ethereum’s popular L2 network, Arbitrum. This Layer-2 blockchain makes the token accessible to micro-participants due to extremely low gas fees. It becomes easy to trade and easy to use for microwagering purposes.

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