The WINk Advantage for Players: An Overview of WINk’s Sub-Platform Tokens

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At the dawn of the age of the internet, many doubted its usefulness and underestimated the extent to which the internet would change the world as it was known then. In the nascent stages of the internet, online gambling emerged as one of the use cases for the internet and played a major role in its mass adoption. Since 2009, the world has been coming to terms with the potential disruptions and innovations of cryptocurrencies and distributed ledger technologies. Once again, online gambling is among the use cases driving the adoption of cryptocurrencies.

For years, many online Dapp games have been using Bitcoin and other cryptocurrencies for playing. WINk has been charting a path with a novel business model which offers advantages, traditional online Dapp game cannot provide for close to two years now. Players at WINk are rewarded with loyalty tokens which allow them to earn part of the house revenue, daily, in perpetuity. In this sense, players become part of the “house” by playing at WINk. The blockchain technology WINk uses ensures transparency and fairness with the reward of loyalty tokens and distribution of house winnings.

Players earn the loyalty tokens for their wagers on the WINk platform. Whether they win or lose, they receive the loyalty tokens. The wagering requirements for receiving the loyalty tokens increase over time. Players simply stake (freeze) their tokens on the website of WINk and the daily rewards (drops) are paid into their wallets automatically. Let us take a closer look at the various loyalty tokens offered by WINk platform:

DICE Token

The DICE token is the loyalty token for WINk’s e-gaming or decentralized games section. Being decentralized means the gameplay occurs directly on the Tron blockchain. When playing games on the E-gaming platform, your crypto does not leave your wallet and your winnings are deposited into your wallet instantaneously.

The total supply of the DICE token is 1,000,000,000 and it’s released into circulation only when players wager on the e-gaming sub-platform. Wagering requirements to earn DICE tokens change whenever 5,000,000 tokens are released into circulation (mined). There are a total of 200 levels of 5,000,000 tokens each partitioned into 20 stages, each stage containing 10 levels. Starting from the wagering requirement of 200 TRX (or its equivalent in other tokens) at level 1, stage 1 to earn 1 DICE token, it increases by 4 TRX per level. [See Illustration 1]

Illustration 1: Dicedrop Pool Interface

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DICE token holders receive their rewards (Dicedrops) once every 24 hours at 03:00 UTC. Whenever the Dicedrop pool is positive at 03:00 UTC, 50% of the total accumulated winnings are paid to token holders who have staked (frozen) their tokens. The DICE tokens are also tradable on exchanges so players can choose to sell the tokens they obtain from wagering (mine).

LIVE Token

The Live sub-platform of WINk is its traditional Dapp game platform and the LIVE token is the loyalty token. The total supply of the LIVE token is 999,999,999 and they are released into circulation when players play any of the games under the Live sub-platform. Wagering requirements to earn LIVE tokens change whenever 3,333,333 tokens are released into circulation (mined). There are a total of 300 levels of 3,333,333 tokens each partitioned into 30 stages, each stage containing 10 levels. Starting with a wagering requirement of 200 TRX (or its equivalent in other tokens) at level 1 stage 1 to earn 1 LIVE token, it increases by 2 TRX per level. [See Illustration 2]

Illustration 2: Livedrop Pool Interface

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LIVE token holders receive their rewards (Livedrops) twice every 24 hours at 03:00 UTC and 15:00 UTC. Whenever the Livedrop pool is positive at payment time, half of the accumulated pool is paid out. Token holders with staked (frozen) tokens receive 50% all payments. The LIVE tokens will also be tradable on exchanges so players can choose to sell the tokens they obtain from wagering (mine).

RAKE Token

RAKE token is the reward token for WINk’s Poker sub-platform. The total supply of the RAKE token is 1,000,000,000 and they are released into circulation when players play poker. Wagering requirements to earn RAKE tokens change whenever 2,000,000 tokens are released into circulation (mined). There are a total of 500 levels of 2,000,000 tokens each partitioned into 50 stages, each stage containing 10 levels. Players can earn RAKE tokens in two ways; by their wagering and winning pots.

Starting with a wagering requirement of 600 TRX (or its equivalent in other tokens) at level 1 stage 1 to earn 1 RAKE token, it increases by 6 TRX per level for wagering to earn RAKE. At Stage 1 level 1 each 150 TRX (or its equivalent in other tokens) Pot wins you 1 RAKE token and this increases by 1.5 TRX per level. [See Illustration 3]

Illustration 3: Rakedrop Pool Interface

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RAKE token holders receive their rewards (RAKEdrops) twice every 24 hours at 03:00 UTC and 15:00 UTC. At the payment times, half of the accumulated pool is paid out. Token holders with staked (frozen) tokens receive 50% all payments.

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WINk is a gaming platform for users to play, socialize, and stake across multiple blockchain ecosystems.

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