Project Name: Moneyball Project Track: GameFi Team Name: jtcheng26 Team Member(s): 1 DevPost URL: Moneyball | Devpost Project Goal: Reward players for staying active using P2E GameFi mechanics. Project Info:
Moneyball is the first ever app that pays you to play basketball. Using GameFi pay to earn mechanics and AI computer vision algorithms, Moneyball tracks your shots and rewards you for successful shooting.
Project Details: The app connects to the Metamask mobile app using Walletconnect. Smart contracts are hosted on BTTC Donau Testnet, but unfortunately, Metamask mobile has problems with BTTC Testnet transactions (for me at least), so public-facing transactions are done through the ETH Goerli Testnet using the mapped BTT asset.
The business model is primarily through the in-game shop with ticket purchases and through a 10-20% fee on BTT winnings. The only mechanism (currently) to earn tickets for free requires a fair amount of effort from players (traveling around to different basketball courts), so dedicated players will still be able to earn. There are more revenue streams planned for the future as well.
And yes, of course cheating is an important thing to consider for any gamefi project, especially exercise-to-earn models like ours. Since our games require video recording, however, cheating will be easier to detect and prevent. One idea currently is a peer-to-peer verification system where players can pay to put a “bounty” on the opponent’s video, and then a randomly selected “jury” can vote on the video’s legitimacy, earning them a portion of the bounty if their vote matches the consensus.
So in short, a robot shooting the ball on video would be easy to label as cheating.
Your project goal pretty much sums up the reason I like it:
I don’t play basketball but I like that this encourages people to go out and be active. You could apply this concept to archery, knife throwing, pistol or rifle practice. Feel free to use those ideas . But if you do, let me know and I will give you more support for those projects.