What is Vidya

Vidya is a DeFi gaming token and escrow solution for multiplayer player-versus-player games, wagering, and esports betting. The medium of exchange for games and platforms that use VIDYA is a liquid, market-backed ERC-20 token, uniquely also named VIDYA. Through in-game and on-chain mechanics, VIDYA enjoys the unique position of providing entertainment and finance wrapped together as one to an emergent market of decentralized products and services. Decentralized gaming and finance are massive and growing markets with few notable attempts at an innovative merge of industries.

How it works

With open source, decentralized software hosted on the Ethereum blockchain in the form of smart contracts as escrow for players' wagers, holding them upon deposit and releasing them upon completion of prerequisite conditions that are agreed to on entry. Each session is subject to a rake from the pool that's distributed among VIDYA stakers, who will receive rewards proportional to the amount of tokens they've deposited and held within the staking platform. Games will be able to implement our immutable intermediary at ease, with the requirement of interacting with the contracts via Web3 user interface and the use of VIDYA tokens.

System in practice

Player created lobbies are made by Web3 enabled users after they pick the deposit other users must make before being able to join their lobby. The user will then be charged this amount in order to start the lobby, securing the initial wager instantly, and the rest upon entry of other players. Users will be refunded in the event of a lobby closure. Staking fees will only ever be deducted from the pool following successful match completion.

The DeFi angle

Our aesthetic nuance and love of designing games doesn't count us out of financial experimentation, it only gives us the chance to do it with style. We present new ways of designing an interconnected and highly interactable environment for our users. Our Vidya token is advantaged by providing unique markets and tokenomic models within our products and games via the creative utilization of deflationary mechanics, non-fungibility, item degredation and token staking all easily accessbile to you from a single personalized hub, TeamOS.

TeamOS

TeamOS refers to the team3d.io website and delivers all things Team3D through its user interface. You can check out your holdings, stats, cross-game inventory and a plethora of information unique to the public key you use to connect with TeamOS. You can play our games with other users, check market data, buy and sell VIDYA and keep up with new additions to the project.