Automated CNT Distribution

Leaderboard & Automated CNT Distribution

Problem Statement

In the growing world of blockchain-based gaming, arcade-style games with leaderboards present an exciting opportunity for engagement. However, there currently isn't a streamlined way to reward top players with cryptocurrency in a fully automated and transparent manner.

Solution Overview

We are creating a leaderboard system for arcade games where players pay with Cardano Native Tokens (CNTs) to play. Their scores are tracked, and rewards are automatically distributed to top players at the end of each period (e.g., quarterly).

Key Features:

• Player Authentication and Payment:

  • Players log in to the arcade using their Cardano wallets.

  • Players pay with CNT to participate in arcade games.

• Game-Specific Leaderboards:

  • Each arcade game will have its leaderboard tracking individual player scores.

  • Game scores will be aggregated into an overall leaderboard for total player performance.

• Automated Token Distribution:

  • A backend interface will allow administrators to set distribution percentages (e.g., 1st place receives 50%, 2nd place 30%, etc.).

  • At the end of each period, administrators can trigger an automated distribution of tokens to top players' wallets based on their rankings.

  • The leaderboard will reset after each distribution period.

• Off-Chain Leaderboard with Smart Contract Integration:

  • The leaderboard will be managed off-chain to reduce complexity and ensure quick updates.

  • A smart contract will handle the actual distribution of tokens based on the final standings retrieved from the off-chain database.

• Backend Administration:

  • Simple backend interface for setting reward distribution rules, resetting leaderboards, and managing the funded wallet.

Impact

This project will significantly enhance the gaming experience within the Cardano ecosystem by creating a platform that incentivizes skill and participation in arcade games. By enabling players to compete for CNT rewards, the platform will drive greater engagement and utility for Cardano Native Tokens. The automated nature of the rewards distribution ensures transparency and fairness, fostering trust and excitement among players.