Website Development & Design-Hashtag Systems Inc-California

Megalot

  • Industry:Lottery & Gambling
  • Location:California, US
  • Service:Blockchain development
  • Technologies:Blockchain, Solidity, Metamask, ETH Smart Contract, Web3

Our potential team has deep knowledge about Ethereum platform based applications to develop smart contracts and dApps.

INTRODUCTION

About Megalot

In the world of crypto and decentralized finance, gambling has always been one of the ideal use cases. Crypto facilitates gambling in the form of easy to use decentralized applications more commonly known as Dapps. In the current market where crypto and DeFi are gaining popularity we here at hashtag bring our own take on gambling using crypto.

megalot-laptop
WORKFLOW

Architecture

Architecture

CRACKING CHALLENGES WITH OUR TEAM OF BLOCKCHAIN EXPERTS

Challenges

One of the main benefits of using crypto is the security features which go hand in hand with it. Traditional online gambling sites require the users credit card details and other personal information in order to grant entry.

While this might be ok to some, there would be others who value privacy especially in this age where security is lacking and credit fraud and other security breaches are common.

Not to mention in traditional gambling we have to trust the authority to decide the winner and there is little to no transparency in the selection process.

PRODUCT UNIQUENESS

Our Solution ?

  1. We tackled the privacy issue and barrier of entry in one simple solution by implementing betting using Metamask, which is an ethereum based waller used by most Dapps.
  2. The beauty of this feature is that anyone with ethereum in their metamask account can participate in the game with the click of a button, skipping over complex signups and ensuring security by remaining both anonymous and not having to enter their credit details .
  3. By using Ethereum as our currency and smart contracts based on it we provide the users of our Dapp with 100% transparency as all the transactions and code is public on the blockchain.
  4. Even the selection of winners is done on chain and is easy for anyone to see.
  5. We have also implemented a simple payout mechanism where users are paid the winnings automatically after a draw with no additional transaction fee required from their end.
megalot-mobile
DESIGN WITH USER IN MIND

User Interface

design
PROJECT STACK

Technologies Used

Solidity language on Ethereum :

The smart contracts used in this project are built using solidity language on ethereum. The front end is built using HTML and JS. Web3 integration is achieved using JS. Metamask is used as the wallet and it provides the users address.

  • Django
  • REST
  • Angular
  • Bootstrap
  • Wordpress
  • NLP

WHAT`S INSIDE

Features

feature

Ease
Registration

The use of metamask as the user account removes any unwanted steps in the registration process and provides security and ease of access to users.

feature

Secure
Control Panel

High level security features in the control panel of the management.

feature

Multi User
Unlock System

Multi user unlock system which involves 2 out of the 3 owners agreeing to access the system.

feature

Secure
Admin Panel

Access to the admin panel is provided only based on the account signed in currently in metamask.

feature

Fair
Selection

Use of an external unbiased oracle to provide the unique random number in order to select the winners based on the provables library previously known as oraclize.

SKILLS

Our Skillset

At Hashtag Systems, We are specialized in Full-stack development of blockchain based web applications. Boost your efficiency, security and service with our custom blockchain development services and Smart Contracts.

  • Ethereum
  • Token Development
  • Staking
  • Uniswap
  • ERC20
  • Node Creation & Setup
  • Flash Swap
  • ERC721
  • Web3 with Node and Python
  • HDWallets
  • Liquidity Pairs
  • Contract Automation
  • Chain Migrations

Are You In Search For A Technology Partner?

LET'S SPEAK

Get in touch