It looks like the Minerals developer team has some very big plans for the future. As this Crypto is Starcraft-themed, they want to make a name for themselves in the world of ESports betting, and more particularly, for Starcraft tournaments!
Some of you may be familiar with the way StarCraft tournaments are held in the world of ESports. Starcraft Tournaments consist of 32/64 players, and winners will be determined under best-of-3/best-of-5 rules.
The reason why Minerals would be a very good fit for Esports betting, and Starcraft tournaments in particular, is because the main resource of this game is called “minerals”. It doesn’t always have to be so complicated, does it?
A screenshot of how Minerals Esports betting would work has been revealed (Keep in mind this is a mockup, but it gives you a pretty good idea of what we can expect) :
You might not be able to make much sense of the bottom half of the screen. Some of you will recognize two Minerals wallet addresses, one for each team. The explanation for what’s going on is as follows :
“The numbers in the middle represent Minerals block height. Blue and red bars show how much bets (total MIN amount) were placed during this particular block.”
“The idea behind it is that it is fun to bet during the game but if we gather all Minerals during the game into one big pile there will be no point in betting at the early stages of the game where the outcome is unknown. Everyone will wait until the end of the game. But this is not fun anymore!
So what I thought is that we should split that game into small time periods (time to find 1 block, or say 5 blocks).”
“Say the game begins at 30,001th block height. During blocks from 30,001 to 30,005 (~2.5 min duration) bettors will place their bets into one small pile of Minerals. Bettors that send their Minerals during blocks 30,006 to 30,010 will be betting against people who sent their Minerals during these blocks as well and will not be able to win Minerals that were sent during 30,001-30,005 blocks. And so on.”
“I’m thinking that 2.5 minute time period is too big for a Starcraft game which usually lasts 10-20 minutes, but you get the idea. We can set time periods as small as 1 block duration (30 seconds)”
If the Minerals developers can pull this off, and get their Crypto integrated with StarCraft ESports betting, this will be a massive breakthrough for Crypto, and potentially ESports as well. But there is more to come!
“Also working on “betting on yourself/player” wallet feature that will allow people to bet outside of major tournaments. Its a pretty simple concept but it should be popular among wide range of players.”
Minerals has very big ambitions to say the least, but there is no reason why they can’t succeed. We will keep an eye on any further developments in regards to these projects, and keep our readers updated accordingly.
Original announcement about ESports can be found here.
Original announcement about the betting wallet can be found here.
Minerals donations are welcome to : MRZjxpb6v8M87jwQ8XP2xUweUHMrKShSZd