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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