This August edition of our monthly report provides details WIN current APR, drop amounts and our buyback and burn. We will also cover the additions to the platform, updates and provide you with all links to our recent posts that contain important information that was published during August.
Monthly Drops and $WIN APR:
As our current users are aware WINk focuses on wealth redistribution with its users. The daily revenues generated from wink.org are shared amongst its token holders.
Holding $WIN token and freezing it under the windrops section of the platform, entitles you to a share of the revenues generated from ALL games played on wink.org. Each subsection of wink pays a certain percentage to the WINDROP pool, which accumulates throughout a 24 hour period and then distributes the total amount of $TRX $BTT and $USDT once every 24 hours, to its frozen token holders. The APR for $WIN token for the month of August was 50% and the APR for $DICE token during the month under review was 102%.
Here are the drop amounts for July vs August:
WINDROPS — $TRX earnings below are based on having 10 million WIN tokens frozen for the month.
July 2020: 1,900 TRX
August 2020: 1,680 TRX
DICE DROPS — $TRX earnings below are based on having 10,000 DICE tokens frozen for the month.
July 2020: 1,770 TRX
August 2020: 1,330 TRX
LIVE DROPS — $TRX earnings below are based on having 10,000 live tokens frozen for the month.
July 2020: 510 TRX
August 2020: 650 TRX
Live Token Listing:
On 25th August 2020 Live token was officially listed on Polonidex. This was a much anticipated event by the community and was well received. This was reflected in marked increase in playing volumes. There was a marked increase in trading volumes on Polonidex in the first 24 hours of Live listing. Live token has traded between 0.50 trx to 1.1 trx since it was listed.
DAU and Platform Traffic:
The DAU recorded in August was comparable with that of the previous month. In particular, the Live sub-platform received a marked increase in DAU partly because of the listing of Live token. This resulted in a marked increase in APR for Live tokens.
New Games Additions, Events and Platform Development
Our Super Slots Friday promotion, where we offer players a 2x LIVE token mining bonus on our newly added slots games every Friday continued. Throughout this month we added a total of 33 new slot games.
An event was organized on the 7th to 11th August on our Sportsbook platform dubbed “Football Carnival Event”. The event was well participated by ours sports betting fans and we received great reviews from the participating players.
August was an important month for the Wink community because the long-awaited Poloniex Wallet Integration was launched. Wink and Poloniex exchange forged a strategic partnership in delivering this custom wallet which makes it possible for users to play with over 100 cryptocurrencies on WINk platform. To mark this momentous occasion the first 1000 players to use the Poloniex wallet to play on WINk were given TRX airdrops.
WINk has always believed that its vibrant and supportive community is very important for achieving its ambitions. To improve communication with the community, the CEO Lucia Wong launched a Daily Report wherein she makes a personal appearance in the main telegram chat room of WINk to deliver updates. This has been very well received by the community.
During the month under review, WINk also entered into a strategic cooperation with Just Swap platform which allowed the whitelisting of the Dice token and starting a liquidity pool with a TRX/DICE pair. This creates more opportunities for Dice token holders because they earn 100% fees for choosing to provide liquidity to the pool.
WINk is very much aware that advertising is critical in achieving the objectives of the platform. For this reason ads of WINk begun to be displayed on Utorrent and Tronlink wallet. This exposes WINk to thousands of potential users on a daily basis. Furthermore, the CEO continued the Great Voyage AMA by holding AMAs with the Tron Whale Group as well as the Poloniex Exchange English channel on Telegram. Also WINk started its Cryptocurrency Community Super Representative Programme. The purpose of this is to recruit marketers who would focus on attracting specific crypto communities to play on WINk platform using the Poloniex Wallet. Applications have been opened and the team is in the process of reviewing them.
WINk announced the cessation of the monthly WIN airdrops to TRX holders during the month under review. The focus of WINk is to keep such resources and use them for developing and promoting WINk through other means. This also proved to be a popular decision for the WINk community.
Buyback and Burn:
WINk team continued with the monthly buyback and burn and the figures for August are as follows:
The Buyback amount — 60,975,810 WIN
The wager burn pool amount — 56,077,480 WIN
The combined total amount of $WIN burned for August is 117,053,290 $WIN!
WINk Community Information:
A cryptocurrency news platform Crypto Gambling News featured WINk in August when it wrote a piece titled “Wink’s latest update returns confidence”. The article sought to highlight some of the actions done by the WINk CEO and team and how the community was responding to them. WINk also published two articles. The first was dubbed “The players always win at WINk” which provided a general overview of WINk and how it benefits is players. The second was titled “The WINk advantage for players: an overview of WINk’s sub-platforms” which also sought to give details about the various sub-platforms of WINk and their tokenomics.
Also, a community member was recruited to help with English proofreading and translation during the month under review.