Introduction

Understanding Farkade

Web3 is a new paradigm for the internet that prioritizes decentralization and user ownership. It is a more transparent and equitable model that is quickly gaining traction in various industries, including gaming.

Specifically, arcade gaming has a rich history of being a social and competitive activity that brings people together to have fun and test their skills. The intersection of Web3 and arcade gaming offers a new opportunity to combine the best of both worlds.

Farkade is a platform that embraces this intersection and provides a unique gaming experience that is both social and competitive. We are committed to creating a gaming environment that is fun, engaging, and accessible to all players who own a digital wallet. We believe that blockchain technology can be used to create a gaming experience that is more rewarding, transparent, and secure than traditional arcade games while also providing a quicker, less time-consuming experience than traditional Web3 games.

As we are seeing, the emergence of the blockchain has transformed the gaming industry, providing gamers with a new experience that is decentralized and more immersive than ever before. The traditional arcade gaming industry, however, has remained largely unchanged. We see little innovation in gameplay and interaction, leaving the niche open for disruption.

Here, we introduce 'Farkade,' a new Web3 arcade that provides a platform for gamers to engage in arcade games and compete for a portion of the prize pool.

Background

Arcade gaming has a rich history dating back to the 1970s, when the first arcade games such as Pong and Space Invaders were introduced. Arcades provided a social experience for gamers to compete with each other, showcasing their skills and having fun with friends. However, with the rise of home gaming consoles, arcades began to decline, and the traditional arcade gaming industry has struggled to remain relevant in the 21st century.

On the other hand, Web3 has revolutionized the gaming industry, introducing new gaming experiences, expanding what people envision as the future of gaming. Web3 enables gamers to have true ownership of their in-game assets, allowing them to trade and exchange their items with other gamers. This has created a new economy centered around gaming, with gamers now able to earn real-world value from their in-game assets and experiences.

The Intersection Of Web3 & Gaming

Through Farkade, The Fallen aims to leverage the benefits of Web3 technology and integrate them into the traditional arcade gaming experience. Farkade will be a platform for gamers to engage in arcade games and compete for a portion of the prize pool. Each game will have an entry fee, and a percentage of the fees will be added to the prize pool. The winners of each game will be awarded a portion of the prize pool, incentivizing players to compete and improve their skills.

The arcade will be built on a decentralized infrastructure, utilizing Web3 technology to provide a secure and transparent gaming experience. The arcade games will be built using C and/or JavaScript, providing a seamless and engaging gaming experience for players. The games will be hosted on IPFS, ensuring that they are always accessible and cannot be taken down.

To create a seamless user experience, Farkade will be built on a range of technical frameworks. These include:

1. Smart Contract Frameworks: The arcade will be powered by a range of smart contracts that enable secure and transparent gameplay, rewards, and monetization. These contracts will be built on the Avalanche Network and will enable the creation of custom tokens and NFTs, as well as a range of other features such as voting, staking, and/or governance.

2. Blockchain Interoperability: To enable cross-chain functionality, the arcade will be built on a blockchain interoperability framework such as Avalanche. This will enable the arcade to leverage the strengths of multiple blockchains and enable the creation of custom tokens and NFTs that can be traded on multiple platforms.

3. Decentralized Storage: To ensure the security and privacy of player data and game assets, the arcade will leverage decentralized storage solutions such as IPFS. This will ensure that all data is stored in a secure and distributed manner, reducing the risk of hacks or data breaches.