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Shiaa3

Total Users
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Rewards
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chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
- No data available.
Contract Balance
The total fiat value of assets in a dapp's smart contracts
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Category
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Blockchain
Cosmos
Language
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Official links

News

Payward to Acquire Saldo Bank for European Banking Expansion

Payward, the parent company of Kraken, plans to acquire Lithuania-based Saldo Bank to enhance its banking capabilities and integrate banking products with crypto services.
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Maria Fernandez

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.
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Gustavo Mendoza

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.
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Rajesh Kumar

What is Shiaa3?

Shiaa3 represents an innovative solution for transferring non-fungible tokens (NFT) or assets between two different blockchains using Inter-Blockchain Communication (IBC) technology. This opens up new possibilities for NFT owners, allowing them to freely move their assets within a multi-chain ecosystem.

Shiaa3 features the ability to win assets by participating in pool gambling. Users can stake their NFTs in a common pool and, in case of winning, receive assets, thereby increasing their digital portfolio. This adds excitement and additional motivation for participating in the Shiaa3 ecosystem. The project is built using the following foundations:

  • cosmos-sdk;
  • golang;
  • starport;
  • vuejs.

Those interested can explore the project and try it out by visiting the GitHub repository.

The inspiration behind the Shiaa3 project stems from the famous board game "Catan." This captivating game, engaging the minds of millions with its strategic depth and unpredictability, served as the starting point for creating something unique. It was "Catan" that provided the idea of five assets that can be purchased in the store and transferred between participants. In Shiaa3, these assets become the central element of the gameplay, but with the addition of new, exciting features.

Asset transfer in Shiaa3 occurs in three ways.

Transfer Method Description
Direct Transfer to Another Participant Users can directly transfer their asset to another participant.
Risk Asset in the Club Users have the option to risk their asset by participating in a club gambling game. In case of winning, the user takes all assets in the pool.
Inter-Blockchain Transfer via IBC This method allows transferring assets between two different blockchains that support the asset module, using IBC (Inter-Blockchain Communication) technology, which is the most innovative method.

In the club, participants play the "Shai Game," and winners are rewarded with insured assets. To participate in the pool, assets must be staked, adding a strategic element of risk and reward.

The Shiaa3 project was created using cosmos-sdk, and starport was used to create types, packages, and modules. During the development process, the team encountered several challenges, including learning protobuf instead of amino, difficulties in modifying created types due to protobuf peculiarities, and understanding IBC operation and relay setup.

Despite the challenges, developers successfully utilized COSMOS-SDK to create the first project in the Cosmos ecosystem for NFT (non-fungible token) transfer, and configure the IBC protocol for use.

We learned a lot about the IBC protocol, which is the future of blockchain and web3, learned to configure complex components such as relays and chains for transmission via IBC, and mastered frontend work on Vue in Stargate edition.

The next important step for Shiaa3 is the ability to play the "Shai Game" across different blockchains. This is a crucial first step towards creating a multi-chain gaming ecosystem.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.