Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Add VIP: VRF implementation on VechainThor #78

Open
wants to merge 3 commits into
base: master
Choose a base branch
from

Conversation

akanoce
Copy link
Member

@akanoce akanoce commented Nov 29, 2024

Hi all,
This VIP aims to see a VRF (Verifiable Random Function) implementation both at protocol or built-in level. VRF would open the doors for a whole new set of applications and use cases on vechain, also unlocking new reward mechanism for VeBetterDAO apps

Some of the use cases to be unlocked with a VRF:

  • Gaming Applications
    • Lotteries: Fair and transparent random selection of winners.
    • Arcade Games: Securely powering random spins, rolls, or draws.
  • NFT Ecosystem
    • Randomized trait assignment during minting.
    • Introducing unpredictability to NFT drops or airdrops.
  • Gamified Platforms (e.g., VeBetterDAO)
    • Engaging challenges with randomly assigned tasks, multipliers, or rewards.
    • Transparent reward distribution in competitions or leaderboards.
      -Governance Mechanisms
    • Fairly selecting committee members or resolving disputes via random processes.

@akanoce akanoce requested a review from a team as a code owner November 29, 2024 08:33
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

Successfully merging this pull request may close these issues.

1 participant