Phase One

Phase One Overview:

  • Total Distribution: 1.3 billion $casino will be distributed.

Phase Breakdown:

  • NFT Staking Mining: (600 million)

    • Distribution Based on Card Rank: NFT holders receive allocations according to their card ranks.

    • Annual Reduction: The amount of $casino allocated will halve each year.

    • Incentive Multipliers:

      • NFT Self-Destruction: Rewards for self-destructing NFTs are increased by 5X.

      • Yin-Yang Inscription: Poker rewards for NFTs with Yin-Yang inscriptions are tripled.

      • Collaborative Project NFT Mining: Rewards for NFTs from partnered projects are enhanced by 1.5X, based on community activity. Examples include:

        • Bitmap

        • BTC

        • Runestone

        • Beatle

  • Texas Hold'em Poker: (700 million)

    • Game Participation: NFT holders can win portions of the 700 million $casino pool based on their performance in Texas Hold'em games.

      • Reward Structure:

        • Winners: Collect rewards.

        • Losers: Lose their stakes.

      • Game Frequency: A new game initiates every X blocks.

    • Alternative Participation: Individuals without NFTs but holding CasinosDollar tokens can participate by sending their $casino tokens to a specified address.

    • Rake: The system takes a 1% rake from the winners' $casino tokens each game.

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