💀Gambit Finance

The innovation that Ethlas is introducing - Gambit Finance, SkillFi for the Gamer Economy. By tokenising & pricing Gamers, you're now able to trade Gamers like assets.

This Whitepaper is subject to periodic updates as more clarity on the roadmap emerges. Last update: July 2024.

Battle Showdown: Gambit's (the game) innovative features allow gamers to engage in a more immersive and high-stakes gaming experience, which includes on-chain elements – namely the integration of Ethlas’ governance token $ELS. Reward systems and wagering aspects are seamlessly integrated, offering a new layer of excitement, competition, and strategic decision-making to the gaming experience.

The utility of skilled gameplay will be significantly expanded. Gamers have the opportunity to play the game with stakes on hand, where every time they kill an opponent or contribute to a team's mission, they are awarded tokens; however, if they are killed or lose on team missions, they suffer a deduction of their in-game token balance. All tokens are ready to be withdrawn to external wallets at any point in time, there is no lockup or threshold. This phase highlights the fast-moving scoring system where players are rewarded based on their skills (and avoidance of deaths), hence the term SkillFi.

A key aspect is the introduction of a unique economic model, which serves both Gamers and Bit holders (the "spectators" who can invest in the winnings of the gamers).

A portion of the protocol revenue is distributed proportionately to players based on their scores, creating a direct link between in-game performance and tangible rewards.