APT-Casino

One of our team-mate was on etherscan exploring some transactions and saw an advertisement of https://stake.com/ which was giving a 200% bonus on the first deposit, when, our team-mate deposited the 120 USDT into this platform they gave him 360 USDT as total balance and when our teammate started playing game he was shocked to see that he was only able to play with $1 per game of Play Plinko Online - Pachinko Casino Game on Stake.com and was unable to increase the betting amount beyond $1 coz he was using the bonus scheme of 200% and when he tried to explore and play other games on the platform he got to know that this platform has cheated him under the name of wager limits.

When he tried to withdraw money they showed him this rule list of wager limit which said that if he wants to withdraw the deposited amount then he have to play $12,300 worth of game play and this was the big shock for him where he was explained a maths logic by their live support. Thereby, In the hope of getting the deposited money back he played the game Plinko entire night and lost all money.

He was very annoyed of this and that's how APT-Casino born, which is a combination of gamefi, ai and defi all in one platform where new web3 users can play games, perform gambling but have a safe, secure, transparent platform that does not scam any of their users. Also, we wanted to address common issues in traditional gaming platforms.

Problem

The traditional online gambling industry is plagued by several issues, including:

• Unfair Game Outcomes: Many platforms manipulate game results, leading to unfair play.
• High Fees: Users face exorbitant fees for deposits, withdrawals, and gameplay.
• Restrictive Withdrawal Policies: Withdrawal limits and conditions often prevent users from accessing their funds.
• Bonus Drawbacks: Misleading bonus schemes trap users with unrealistic wagering requirements.
• Lack of True Asset Ownership: Centralized platforms retain control over user assets, limiting their freedom and security.

Solution

APT-Casino addresses these problems by offering:

• Provably Fair Gaming: Utilizing VRF to ensure all game outcomes are transparent and verifiably fair.
• Low Fees: Leveraging the efficiency of Mnatle Blockchain to minimize transaction costs.
• Flexible Withdrawal Policies: Providing users with unrestricted access to their funds.
• Transparent Bonus Schemes: Clear and Clean bonus terms without hidden traps.
• True Asset Ownership: Decentralized asset management ensures users have full control over their assets.

Key Features

APT-Casino offers a multifaceted platform with three main features:

1. AI - Social Aspect:

• Users create AI-generated NFT profile pictures based on keywords.
• View a community leaderboard.
• Explore other players' profiles, recent activity, and ENS.

2. GameFi - Gaming Aspect:

• APT-Casino includes a fully functional European roulette game.
• Users can place various types of bets such as straight, split, street, corner, six line, column, dozen, red, black, high, low, even, and odd.
• The roulette wheel, powered by VRF, randomly generates winning values.
• Winnings are automatically calculated and transferred to the users' wallets.

3. Defi - Lending Aspect:

• Users can deposit $MNT tokens on mantle sepolia as collateral to borrow in-game currency token APTC.
• Facilitates gameplay without the need to sell existing holdings.
• Ensures players have the necessary assets to participate in games seamlessly for real-time asset prices.

Diverse Game Selection: A variety of fully on-chain games, including roulette, blackjack, plinko, and more. As a (POC) Proof of Concept we developed fully on-chain Roulette but similar model can be applied to introduce the new casino games to the platform.

What's next

All though started as an idea but now we are thinking of carrying it forward as a business model and expanding further.

• Applying for Grants: Seeking funding to further develop and expand the platform.
• Mainnet Launch: Deploying on the mainnet for real-world use.
• User Testing: Conducting extensive user testing to refine the platform.
• Promoting the Product: Marketing to attract a wider audience.
• Introducing new games to the platform.
• Explore additional DeFi features like staking, farming, yield strategies to offer more financial services within the platform.
• We also aim to implement gasless transactions to enhance user convenience.
• Enabling Developers to build more transparent games in our platform.
• Bringing in new monetization to compensate the casino games/ game creators.
• Having an inbuilt live streaming for gameplay, allows players to do streaming within the application.

Pitch Deck:  https://docs.google.com/presentation/d/1M0R15CxA7YmXonR19mKLIObG06vPV0A4/edit?usp=sharing&ouid=107127521196855578697&rtpof=true&sd=true

Be the biggest gamefi/ gambling / games hub centre of the gaming industry.