A New Era of Haste Arcade Begins…

In early 2021, we released the original Haste “tap” game to demonstrate the value of peer-to-peer micropayments. Instant Leaderboard Payouts (ILP), allowed players to pay a small amount of Bitcoin, get on a leaderboard, and earn rewards. The concept of “Play to Earn” (P2E) was gaining traction, and we aimed to capitalize on it. With an experienced team and some seed capital, we developed Haste Arcade, a Web3 platform enabling third-party game developers to integrate ILP, which offered a new revenue stream for the devs and a fun new way for users to compete.

Despite the initial excitement, usage of the product slowly wained as P2E gaming lost its steam and anti-cheat security requirements within the Arcade posed a significant barrier to entry for most game developers who wished to integrate. We mandated a server-authoritative architecture, commonly used in realtime multiplayer AAA games, to ensure game integrity. However, this proved too challenging for many developers, who lacked the needed resources to implement such complex security measures.

While Haste Arcade hasn’t met our expectations yet, we’re driven by our passion for Bitcoin and the belief in its potential. Despite the setbacks, we remain committed to our vision and have decided to continuing pushing forward.

After a series of difficult decisions starting towards in the Fall of 2023, we’ve positioned the company to sustain for the long-term with a continued belief that a scalable version of Bitcoin, that supports micropayments, will ultimately prevail. We understand it is not the socially accepted, or dare we say “socially engineered”, norm, but it is our conviction and something we believe is worth fighting for.

Back to Our Roots 🌱

Haste Arcade started as “Haste”, a simple tap game that introduced Instant Leaderboard Payout (ILP) gaming to the world. The simplicity of the game, backed by the novelty of the ILP mechanism, was eye-catching, memorable, and FUN. It was only days after launch that hundreds, followed by thousands, of players where seeing how fast that could tap an orange circle on their mobile device in hopes of landing on the global leaderboard and instantly experiencing hundreds of “micropayment notifications” within their HandCash wallets.

Today we are introducing a new concept, one that addresses most of the challenges and setbacks that we’ve endured thus far and something we believe has a lot of potential. Simplicity and Fun is what got us here, today we return to our roots.

Introducing S2P Gaming 🚀

Haste Arcade is unveiling a new novel gaming concept called, “Stake-to-Play” or “Save-to-Play” gaming. Unlike P2E, ILP, and other forms of real money competitive gaming, S2P is not susceptible to the power law problem where gamers are disincentivized to play due to the cost of play or the 1% of players that are simply better than everyone else (cough cough… Reiney).

The way it works is simple:

• Lock/stake a chosen amount of coins for a chosen duration of time each time you play a game. (It’s completely up to you what you choose).
• Earn XP based on your stake settings and activity in the arcade.
• When the lock/staked duration expires, you get 100% of your coins back! No gimmicks.

Huge News For Game Developers 🙌

Adding your game to Haste Arcade just got a million times easier. The new Haste Arcade SDK takes a “secure enough” approach to score submission & game security by utilizing wallet signatures and unique txids. It is a 100% client side integration. Integration times will vary but it is within reason to fully integrate a game within an hour or so. Whether you are building a first person shooter (FPS), or building a game on Scratch, the door is now wide open for ALL game devs to integrate into Haste Arcade.

Additionally, you can now choose your own business model. Monetize your game however you’d like with in-app purchases, paid gameplay, etc. using a simple method call.

HST as the Centerpiece 💫

Thanks to 1Sat Ordinals and the BSV21 token protocol, we can reliably establish HST as the native in-game currency of Haste Arcade. Historically, HST served as the reward token or “ticket” you received for playing in the Arcade. Moving forward, it will now be the primary currency for both gamers and game developers within the Arcade. To enter the room, you will need some HST. To play games, you will need to stake/lock some HST. Developers will also earn in HST should they choose to monetize their games. The new 1Sat Market makes it simple to cash out HST and we plan to introducing additional ways to easily liquidate your tokens.

With these changes, HST is now the first fungible token on Bitcoin to implement locks using the lockup contract by David Case and made popular by Hodlocker.

HST is a utility token designed for use within the Haste Arcade platform and for playing games. Although the value of HST may vary in speculative markets, we do not guarantee or make any claims regarding its price or speculative value. Holding HST does not constitute an investment in Haste, Inc.

Game On 🕹

Thank you for your continued support. We look forward to locking a lot of HST with you!