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BlitzSquad

Play, your favorite games , stream the action live, and place bets with confidence with BlitzSquad.

BlitzSquad

Created At

ETHGlobal Tokyo

Winner of

🥈 Huddle01 — Best Use

🏊‍♂️ Polygon — Pool Prize

🥉 UMA & Across — Best Use

Project Description

BlitzSquad is an web3 gaming, streaming, and betting decentralized application (DApp) that aims to create a fun experience for Everyone. We tried to built a comprehensive solution for Everyone to Play , stream , Bet on Predictions on the games that they love. We Made it because we also identified several issues in existing tournament hosting platforms, such as lack of trust, centralization, and the absence of a comprehensive solution that caters to all gaming enthusiasts. BlitzSquad addresses these problems by offering a unique combination of gaming, streaming, and betting features, while also leveraging the power of blockchain technology for cross-chain interoperability. Why BlitzSquad , when their is lot of such things already available in this world? Because ,Our end goal is to make a fun experience for all the users .. Major Problems in the Gaming and Esports Industry: 1.Trust: Traditional tournament hosting platforms often suffer from trust issues due to their centralized nature, which makes them prone to manipulation and lack of transparency. 2.Fragmentation: Gamers, streamers, and bettors have to use different platforms for their respective activities, leading to a fragmented user experience. 3.Monetization: Players and streamers struggle to monetize their skills and content effectively, as current platforms offer limited earning opportunities. 4.Interoperability: The lack of cross-chain functionality hinders the seamless flow of assets and data between different blockchain networks.

How BlitzSquad Solves These Problems: 1.Decentralization: BlitzSquad leverages blockchain technology to build a decentralized platform, ensuring a transparent and trustless environment for all users. This eliminates the risk of manipulation and promotes fairness in gaming and betting. 2.Unified Platform: By integrating gaming, streaming, and betting services in a single DApp, BlitzSquad offers a seamless and enjoyable experience for gamers, streamers, bettors, and esports enthusiasts. 3.Incentivized Ecosystem: BlitzSquad rewards players for their in-game performance, allows streamers to monetize their content, and incentivizes users for placing accurate bets on events and tournaments. This creates a win-win situation for all users and fosters a thriving community. 4.Cross-Chain Interoperability: BlitzSquad implements cutting-edge technologies to facilitate seamless interaction between various blockchain networks. This enables users to easily move assets and data across different platforms, thereby enhancing the overall user experience. Why predicition betting ? Because Prediction betting is an exciting and engaging way to capitalize on people's passion for sharing their opinions and insights. Current platforms like Polymarket, Augur, PredictIt, and PlotX fall short in providing a seamless experience for users who want to place bets or questions. By combining gaming, streaming, and betting in BlitzSquad, we bridge this gap and create an all-in-one platform where users can participate in eSports and casual events alike. BlitzSquad offers a unique and inclusive experience that caters to gamers, streamers, and bettors, setting a new standard for the industry. And this platform also allows new game developers , to showcase their games , by letting players play, stream and bet on their games .. and earn rewards to new game creators and developers .. The blockchain gaming market is predicted to experience exponential growth, reaching $65.7 billion in revenue by 2027, marking a 1,328% increase and a CAGR of 70%. Additionally, the Esport Management software market is projected to hit $3.8 billion in revenue by 2027, a 336% increase compared to 2019, with a CAGR of 20%. Given these impressive growth prospects, we are extremely optimistic about the potential and success of the BlitzSquad DApp.

https://docs.google.com/presentation/d/1m8kvp6Is-Lnmo2I2JnpGm8Wgr6x-FvSaQ8kkzHMbhHo/edit#slide=id.g1f4784372ae_0_1

How it's Made

1.Gaming: BlitzSquad incorporates a diverse selection of games, enabling users to play and compete on a decentralized platform. Our DApp utilizes smart contracts to manage game mechanics,Brackets, reward distributions, and user interactions securely and transparently. 2. Streaming: Our DApp integrates with Livepeer, a decentralized video streaming protocol, to provide high-quality, live streaming capabilities for gamers and content creators. With this integration, users can broadcast their gameplay, watch others, and interact with the community in real-time. 3.Monetization: BlitzSquad utilizes Superfluid to enable seamless and continuous monetization of content. As users stream, they can receive real-time micropayments, subscriptions, and donations in the form of Superfluid tokens. This empowers creators to earn a steady stream of income and incentivizes the growth of the platform. 4.Cross-Chain Functionality: Hyperlane is integrated into BlitzSquad to provide cross-chain interoperability, allowing users to interact with various blockchains and assets. This enables a more inclusive and expansive ecosystem, granting users the flexibility to participate in BlitzSquad using their preferred blockchain networks. 5.Betting and Predictions: BlitzSquad incorporates a decentralized betting system that incentivizes users to place bets on ongoing events and tournaments. Users can earn rewards based on their predictions, verified using the UMA protocol. This adds an exciting layer of engagement and competition to the platform.

  1. Community and Chat: To foster a strong sense of community, BlitzSquad integrates Push Chat, a decentralized messaging service. Users can chat with others, form teams, discuss strategies, and stay connected with friends and fellow gamers.
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