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Introduction

OnchainPoints is a dynamic ecosystem of fast-paced, onchain games built on a Layer 3 blockchain. It's designed to test the limits of global markets and blockchain scalability through games with short-term settlements. At its core, OnchainPoints transforms player activity directly into $POP rewards, creating a seamless blend of entertainment and earning potential.

Apps participating in the OnchainPoints Ecosystem must use Powerloom in some way.

Architecture​

Onchain Points is comprised of several key components that work together to create a seamless and rewarding experience for players and developers. The following diagram provides a high-level overview of the architecture:

Overall Architecture

Key components:​

1. Points Issuance System​

Points can be thought of as locked $POP tokens. They are issued through various campaigns and activities including but not limited to referrals, staking, playing games, and more. Points usually have a lockup period associated with them which is specified by the campaign or activity. While points are locked, they can still be used across multiple apps in the ecosystem. This promotes long-term engagement with the ecosystem as users can still use their points to play games and earn rewards in form of $POP while they are waiting for their points to unlock.

2. Staking Application​

Staking is a core component of the OnchainPoints ecosystem. It allows users to stake their $POP tokens to earn additional $POP rewards and points. Points have a higher APY but they can't be unlocked, they can just be used across various apps in the ecosystem. This creates a strong incentive for users who like any app in the ecosystem to stay active since they can earn points by staking and use them to play games. Also, there's no lockin period for staked $POP so users can withdraw their $POP at any time.

3. Social Points Contract​

The Social Points Contract is used to issue points to first time users of the ecosystem. Think of this as a kind of onboarding campaign, where users coming from various social media platforms are issued points for the first time they use any app in the ecosystem. Points issued through this mechanism are usually limited in quantity (just enough for them to test the ecosystem).

4. OnchainPoints Contract​

OnchainPoints Contract is the heart of the ecosystem. It manages points, activities, and rewards. It also defines interfaces for other apps in the ecosystem to use Points issued through various activities. You can read more about it in Build on OnchainPoints and OnchainPoints Contract section.

5. $POP Token​

POP is the native gas token of the Layer 3 blockchain and is used as currency in the ecosystem across different games and applications. It can be earned by playing games and participating in activities. It is available on Base at 0xC9ef0E04038f64d6f759Bd73b4B1Cb6c78C59dAa. You can directly trade it on Uniswap.

Ecosystem Extensibility​

The OnchainPoints ecosystem is designed for continuous evolution and expansion, allowing developers to create new games and applications that integrate seamlessly with the OnchainPoints interface. This allows developers to focus on creating new games and applications without having to worry about the complexities of the underlying infrastructure. Points issued to users through various activities are accessible through the OnchainPoints interface to all Ecosystem apps.

For Developers​

  • OCP Interfaces: OnchainPoints provides interfaces that developers can use to integrate their games and apps with the ecosystem.
  • Flexible Integration: New games can leverage the existing points system, $POP token, and user base.
  • Innovation Opportunities: Developers can create diverse applications, from new prediction games to complex DeFi tools, all integrated with the points system and reward mechanism. The only condition is these apps must use Powerloom in some way.

Key Features​

  1. Dynamic Ecosystem: A platform for fast-paced, onchain games that challenge players and blockchain technology.
  2. Direct Reward Mechanism: Player activity seamlessly translates into POP rewards.
  3. Flexible Point System: Points can be earned through various activities and can be used in any Ecosystem app.
  4. Staking Rewards: Users are incentivized to stake $POP tokens through additional $POP and point rewards.
  5. Developer-Friendly: The ecosystem is designed for easy integration of new games and applications.

Potential Future Games and Apps​

The possibilities are endless and we are excited to see what the community will create. Some ideas include:

  • High-Frequency Trading Games: Test players' skills in rapid-fire market prediction and trading.
  • Real-Time Sports Betting: Allow users to make predictions and earn rewards during live sporting events.
  • Flash Tournaments: Host short-duration tournaments with immediate payouts in POP tokens.

Conclusion​

The ecosystem's true potential lies in its ability to continuously evolve. As more developers join to create new games and applications, players will have an ever-expanding universe of ways to engage, compete, and earn. From high-stakes prediction markets to intricate DeFi games, OnchainPoints is building a future where gaming, finance, and blockchain technology converge.

By providing a flexible, scalable foundation for innovation, OnchainPoints is positioning itself at the forefront of the next generation of blockchain gaming ecosystems. It's not just about playing games – it's about being part of a dynamic, rewarding economy where every action contributes to the ecosystem's growth and your personal earnings.