RioDeFi’s ecosystem is expanding by welcoming Lepricon
RioDeFi is excited to announce the expansion of its ecosystem by welcoming Lepricon under its umbrella, a Dapp providing prediction games. RioDeFi and Lepricon will bring gaming to decentralised finance, opening new horizons to the community: users will soon be able to play, bet and stake while getting rewarded for their participation by earning tokens, including L3P (Lepricon’s native token), NFTs and digital collectables.
Lepricon is an ambitious project that was initiated by Joshua Galloway and Stephen Browne, 2 veterans in the gaming and tech industry. At launch, three games developed in-house will be available in Q1 2021. Lepricon’s objective is to open its platform to gaming developers by Q2 2021 and become a leading community for gamers and crypto lovers. As a Decentralised Autonomous Organisation (DAO), Lepricon will also extend voting rights to its token holders under certain rules to involve them in decisions making such as the selection of new games and distribution of rewards. The platform will also issue NFTs and collectibles at a later stage that could be traded against digital assets.
Both RioDeFi and Lepricon share the same vision of community-building through rewarding programs and activities. Lepricon’s has the potential to bridge gaming and financial services while interacting and educating its audience about DeFi, helping it to take control of its assets and generate extra returns from the time spent online playing.
RioChain is renowned for its ability to execute up to 3,000 transactions per second, making it more efficient than many other blockchains. The speed of transaction, scalability and interoperability RioChain offers will allow Lepricon to deploy its multi-chain development strategy and make its games accessible from and compatible with other blockchains such as Ethereum or Polkadot. RioChain’s other advantage is its low transaction fees denominated in RFUEL, one of the lowest on the market, that could be used for cross chain transactions.
The properties of decentralised networks such as RioChain entails more secure and transparent data processing and interaction between the gamers and the platform. For instance, transactions will be accessible and verifiable on the chain. Also, RioDeFi recently announced it will integrate with decentralised storage solutions such as aleph.im and with world leading oracle solution Chainlink thereby enhancing users data protection or prevent cheating. .
Securing prediction games on blockchain has been a big thing this year and will attract even more attention in 2021. Blockchain offers several advantages for the gaming sector and it’s a question of time before the entire industry adopts this technology.
Lepricon is a community-governed prediction games platform set to launch in early 2021. Lepricon will offer hyper-casual prediction-based games to the general public, developed in-house and by third parties, which operate on a blockchain backbone via a native governance and platform token named L3P.
Lepricon will become a fully Decentralised Autonomous Organisation (DAO) where proposals and resolutions are in the hands of those who hold the L3P token. Lepricon believes that gamification is a key step to the general acceptance of blockchain technology in daily life.
RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services. We develop solutions that connect banking institutions with blockchain systems. Our applications enable lower transaction fees, faster confirmations, more efficiency, better returns for savings account holders, and global reach.
To learn more about the latest developments regarding RioChain, visit: Riodefi.com