INTRODUCING THE ATOCHA PROTOCOL
Introducing the Atocha Protocol — Everything you must know about it
Some time last year and around this time was the Octopus Network Showcase Day which debuted a series of informative videos on the network and projects built upon Octopus.
The Atocha protocol is a system that supports different puzzle games that allow problem creators and solvers alike to make a living off the platform.
Recent years have greeted the puzzle games market with exponential growth. There are tens or even hundreds of puzzle TV shows globally with puzzle websites running into tens of thousands.
Why? What’s the drive for all these? Good question!
From our evolutionary point of view, humanity has an innate psychological need to solve problems because of our problem-solving skills and creative thinking which we inherited from our ancestors. This biological drive has fueled our passion for puzzles and riddles and sustained our interest in them.
Why was the Atocha Protocol created?
Because Atocha recognizes the significance and value of playing puzzles and whatnot, the Atocha Protocol was invented to create a system that makes it so simple for creators and lovers of puzzles and riddles to make money while enjoying the game. This way, pleasure and making money off pleasure are sandwiched together.
The Atocha Protocol achieved this by adopting blockchain technology that allows different individuals to build their puzzle games, allow others to place bets on them, and make use of the game as a war field to attract and engage a large audience.
The goal? As stated earlier, users can now monetize their passion using Ato coins!
How the Atocha Protocol was built
The Atocha Protocol has a client-friendly interface supported by the Octopus Network characterized by a high level of compatibility or interoperability.
And because blockchain intercommunication protocols are rather employed, users of other blockchains can add different assets from their blockchains to Atocha’s appchain.
However, the Octopus bridge with the NEAR Protocol is used if users want to connect to the Ethereum Network. This way, even customers who own assets from different blockchains can communicate with Atocha and use whatsoever assets they have to make and solves puzzles in a very easy way.
The working process of the Atocha Protocol
In addition to developers on the protocols, other professionals exist such as puzzle makers, solvers, and judges. All these people make up the Atocha’s ecosystem.
The developers pay a sum to have their puzzles published alongside the answer and deadline. Participants pay a participation fee. This means developers can receive a payment if their puzzle gets solved eventually. On the other hand, even those who get the correct answers get compensated for their submissions.
Another category of people who get compensated for their jobs is puzzle judges. All they do is judge how authentic the puzzle is so things are kept organized.
Solvers can request their assistance if they hit a brick wall while solving the puzzle.
Peradventure, if the puzzle is ruled invalid, solvers get their entry fee refunded.
As the Atocha Protocol becomes more organized, it will continue to accommodate more puzzle lovers with time.
What are your thoughts? Let us know.
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