Dubbz is a web3 gaming platform that aims to bridge traditional gaming with blockchain technology to create a comprehensive ecosystem for gamers, developers, and creators. It focuses on facilitating skill-based wagering, monetization, and community engagement within the gaming industry through blockchain innovations.
Dubbz operates on blockchain technology, leveraging the Base network, which is a layer-2 solution on Ethereum. It utilizes the Proof of Stake (PoS) consensus mechanism, transitioning from its initial Ethereum base, to enhance efficiency through faster and cheaper transactions. Dubbz employs smart contracts to manage its ecosystem, handling token transactions and wagering processes. These contracts are based on the ERC-20 standard and encompass various functionalities related to trade and fees.
Dubbz's use cases are primarily focused on the gaming industry and include:
Dubbz was founded to merge web3 innovations with traditional gaming, backed by an investment from its founders. Over time, the platform has reached several milestones including integrating stablecoin USDC for transactions, launching a web3 gaming marketplace, and incorporating fiat payment methods. It has migrated to a new contract on the Base network to leverage enhanced blockchain capabilities. The ongoing evolution of its technology focuses on transparency, security, and user-friendly processes, establishing Dubbz as a significant player in bridging traditional gaming with blockchain-based systems.