DDEX partners with Blockchain game HyperDragons to support in-game decentralized transactions

Hydro Protocol
Jul 5, 2018 · 6 min read

HyperDragons is one of the first large-scale blockchain turn-based strategy games offering stunning graphics and entrancing gameplay. The game just announced its support for decentralized exchanging of its in-game token DST. Since its launch, HyperDragons has seen a industry-leading amount of growth and success. By partnering with DDEX, HyperDragons will offer an in-game decentralized transaction environment, which will increase the free circulation and liquidity of the DST in the game and take transaction security to a higher level.

HyperDragons partners with DDEX to develop an in-game decentralized transaction environment

Decentralized transactions aim to solve the difficulties of digital asset trading and to improve transaction security. The components of DDEX’s decentralized trading incorporated in HyperDragons will both meet users’ security demands and enhance their general trading experience. Firstly, when a user initiates a transaction related to a digital token within the game, the page can complete the transaction function without redirecting to a third-party payment processor. Just like the convenience of Alipay and WeChat payment through a cellphone by scanning a QR code, the built-in decentralized transaction method will significantly enhance the accessibility of digital token circulation.

Secondly, the decentralized exchange aims to resolve the inherent security issues of centralized trading and improve the security of digital token circulation. The traditional centralized transaction assets remain in one dedicated server or network which is prone to hacking and other malicious manipulations. If a centralized exchange is hacked, all users that trade within the site run the risk of losing all of their digital assets.Furthermore, a traditional asset management system relies heavily on the centralized credit endorsement procedure. All transaction activities are carried out on private servers, and the database is intransparent.

The emergence of decentralized exchanges will fill the security gaps of traditionally conducted centralized transactions. It does not bear the risk of fund custody, and all transaction data can be publicly queried on the chain by an easy to use blockchain explorer, so it is difficult to fake and difficult to manipulate blockchain assets.

Hydro Protocol relayer DDEX — leading decentralized trading application in-game scenarios

DDEX is the first decentralized exchange built on Hydro Protocol technology, offering instant, real-time order matching with secure on-chain settlement on a non-custodial system. Using Ethereum smart contracts and the 0x protocol, DDEX allows users to trade digital assets directly from wallet-to-wallet. No depositing required: you have complete control of your assets.DDEX is now one of the top decentralized exchanges by both total number of transactions and trading volume. To provide players with a free and safe gaming experience in HyperDragons, its team is cooperating with DDEX to embed the decentralized trading component within their DAPP, offering peer-to-peer transactions in the digital asset exchange of the game platform.

Hydro is a network layer protocol for high performance decentralized exchanges and marketplaces with built-in incentives for coordination. The protocol is underpinned by Ethereum and utilizes the 0x Protocol for settlement, and empowers anyone to easily create a high-performance decentralized exchange (DEX) and become a part of the ever growing tokenized revolution. It enables DEXs to share pools of token liquidity, and provides stimulus mechanisms to help this liquidity flourish to the benefit of all network participants. With the security of wallet-to-wallet trading and none of the common downsides, projects built on the Hydro Protocol make up a global network of token marketplaces that are fast, easy to develop and use and have no risk of trade collisions, front-running and other common types of trade griefing.

DDEX built-in support for free trading of HyperDragons’s Utility Token —DST

The built-in version of DDEX will support the free trading and circulation of the HyperDragons in-game token (DST). DST is the economic and ecological link of the entire HyperDragons ecosystem, and the rich gameplay and transactions are directly related to the output and consumption of the DST token economy. The background of HyperDragons’s story takes place on a floating island of dragons. The island has many dragon kingdoms, and each player is the owner of his dragon castle which also acts as their DST generation center. Players can appoint dragons to mine DST. In addition to production, DST is also consumed through various in-game activities. For instance, to increase the level of Dragon Castle, players need to spend DST. In addition to Dragon Castles activities, players can engage in arena battles to earn DST prizes.

Half of the total DST in HyperDragons is going to be used as a players reward to popularize the spirit of the blockchain games and to promote an active developer and user understanding. From looking through the player’s point of view, the in-game DST token they receive is a traceable digital token that cannot be tampered. The built-in version of DDEX dramatically facilitates the circulation of digital assets from the players and will also help the entire HyperDragons token economy system to become more prosperous and fluid. The prosperity of the whole ecosystem will be further reflected in the value of the token.

DST supports the Dragon Ecosystem, and DDEX assists game token economy

Since the launch of the public beta, the blockchain game HyperDragons has lead the industry in the development and progress of blockchain games — from product design to innovative technology to the token economy. The Dragon Castle gameplay launched in June redefined the concept of the token economy in blockchain games. In July, HyperDragons will be the first blockchain game to support built-in decentralized transactions. The HyperDragons game is just the cornerstone of “The Dragon Series Ecosystem”; with similarities to HyperDragons continuous efforts to make innovative breakthroughs for users, the Dragon Series games will be gradually introduced in the near future, and DST tokens will become the cross-game currency of the entire ecosystem.

In addition, the HyperDragons team respects the opinions of the holders of the tokens and will gradually improve the interaction mechanism between the players and the developers. For example, the “gold slot” delegation method will be decided by the votes from DST holders to escalate blockchain POS ideology and further increase community spirit. The inauguration of new Dragon games will unlock more DSTs in the platform. These circumstances are related to the rights and interests of the user base. The HyperDragons team will endorse the recommendations of the holders of the token.

As a leader of blockchain games, HyperDragons has reason to believe that the built-in transaction of DDEX will help the prosperity of the game’s token economy and bring users a better blockchain gaming experience.

New to DDEX?

DDEX is a decentralized relayer, or you may see it as a decentralized application, which functions as an exchange. Running as a hybrid model decentralized relayer for Ethereum and ERC-20 tokens, DDEX utilizes both the hydro protocol and the 0x protocol to facilitate a safe and smooth decentralized exchange experience.

Go to DDEX: https://ddex.io/?scmedium

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New to Hydro?

Hydro is a network layer protocol for high performance decentralized exchanges and marketplaces with built-in incentives for coordination. Hydro utilizes’Federated Liquidity Pools’ (FLP) to address the issue of liquidity sharing among various decentralized exchanges.

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Go to Hydro: https://thehydrofoundation.com?sc

Trade on DDEX: https://ddex.io?scmedium

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Best regards

Hydro Protocol Team

Hydro Protocol

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An open-source framework for building decentralized exchanges. New website coming December 17, 2018!

Hydro Protocol

Hydro Protocol is an open-source framework for building decentralized exchanges

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