Grant awarded to Signa X
The HUMAN Protocol grants committee has awarded a grant to Signa X, who will use the grant to fund the integration of HUMAN Protocol’s oracle network to launch, verify and initiate payout in HMT for game-related challenges in Web3.
This grant represents the potential of the Routing Protocol to facilitate new economies. The Routing Protocol’s framework for incentivizing the decentralized and automated verification of work – in this case a game challenge – and subsequent reward executed on-chain, enables Signa X to attract game developers who wish to enhance gameplay, provide new experiences, and monetize their work.
Designed for use within the metaverse and gaming worlds, Signa X is a 3D asset creation platform that offers developers and gaming communities a platform to build assets, such as characters, weapons, environments, power ups, and utilities.
Signa X has already made efforts to support a Web3 market by offering minting and leasing capabilities for digital assets.
Signa X will embed the HUMAN Job Launcher as a feature to enable game developers to design challenges that can be formally assessed and rewarded on-chain. Game developers will be able to use the Job Launcher to leverage the Recording and Reputation Oracles to, first of all, determine whether or not a given game-related challenge has been completed and, secondly, to use it to initiate payout of HMT on-chain.
While the grant focuses specifically on developers rewarding successful competitors with HMT, the broadly applicable nature of the Routing Protocol – which is where this integration is being built – means that many other kinds of asset could be used as a reward.
This integration allows game developers in the broader Signa X ecosystem to create in-game economies to attract players, via rewards, and developers, via engagement.
Signa X is also planning to incorporate Proof of HUMANity in the sign-up process for game developers and 3D asset creators, and as part of a gamer registration feature.
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The HUMAN Protocol Foundation makes no representation, warranty, or undertaking, express or implied, as to the accuracy, reliability, completeness, or reasonableness of the information contained here. Any assumptions, opinions, and estimations expressed constitute the HUMAN Protocol Foundation’s judgment as of the time of publishing and are subject to change without notice. Any projection contained within the information presented here is based on a number of assumptions, and there can be no guarantee that any projected outcomes will be achieved.