WINK MONTHLY REPORT FOR JULY

Image for post
Image for post

This July edition of our monthly report provides the following details: WIN current APR, mining prices for sub tokens, 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 May.

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, 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 July was 54%

Here are the drop amounts for June vs July:

WINDROPS — $TRX earnings below are based on having 10 million WIN tokens frozen for the month.

June 2020: 1,040 TRX

July 2020: 1,900 TRX

DICE DROPS — $TRX earnings below are based on having 10,000 DICE tokens frozen for the month.

June 2020: 890 TRX

July 2020: 1,770 TRX

LIVE DROPS — $TRX earnings below are based on having 10,000 live tokens frozen for the month.

June 2020: 590 TRX

July 2020: 510 TRX

Live tokens cannot currently be purchased and are awarded for playing games under the Live sub-section of the website, which is referred to by our players as “mining”. Below is the current expected mining cost of live tokens

The current expected mining cost for LIVE is — 4.6 trx per LIVE

Dice Token Listing:

On 8th July 2020 Dice token was officially listed on Polonidex. This was a much anticipated event by the community and was well received. This was reflected in a marked increase in playing volumes. Trading volumes on Polonidex also had an all-time high volume in the first 24 hours of Dice listing. There was over 600% increase in volume on Polonidex and over 400% increase in DAU in the first 24 hours of Dice listing. Dice token have traded between 1.2 trx to 2.7 trx since it was listed. The APR for buying Dice at 1.5 trx was 141% in July. On the other hand, the expected mining cost of Dice is 7.7 trx.

DAU and Platform Traffic:

July witnessed a significant increase in DAU compared to June. This is in part to the listing of Dice tokens. The increased DAU on the E-gaming sub-platform resulted in a marked increase in APR for Win and Dice 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 41 new slot games. Following the launch of our Mine game, an event was started on July 4th to mark the game release. The event dubbed the Dice and Mine Carnival Event distributed 400,000 TRX to Leaderboard winners with the top recipient winning 200,000 TRX.

In July 2020 two games from Evolution Gaming, Crazy Time and Lightning Dice, were made directly accessible from the main page of the live casino section. This makes it easier for Winksters to find their popular games and improve their overall playing experience.

During the month under review, the ability to wager with USDT and DICE tokens on Dice and Mine games was also introduced. Additionally, the ability to play with WIN tokens was also introduced on the Mine game. The losses from the wagers of players using these tokens on the Mine game are accumulated in the smart contract below:

TQqbtjk4x4YuuPEoizdaNfVqDpkVzGAXgi

July also witnessed the launch of a new WINk themed scratch game called “Wink’s Fast Fortunes”. Players have the possibility to win up to 5,000X multiplier on this game betting 100 TRX per round. WINk continued with its plan of getting WIN tokens listed on more top exchanges. WIN token successfully listed on HBTC exchange during the month of July.

WINk embarked on a campaign to receive feedback on improving the user experience with WINk games by launching the “Let’s make WINk better together” competition. Community members were encouraged to share their ideas about making specific improvements to games and stand the chance to be rewarded for ideas that were selected for implementation by the team. Very encouraging entries were made by community members and the entries are under review by the team.

The Live sub-platform had a bug incident caused by a server error which sent different amounts of TRX into the Live wallets of some players. The team successfully fixed the bug and included additional layers of protection to eliminate the reoccurrence of the incident.

Buyback and Burn:

WINk team continued with the monthly buyback and burn and the figures for July are as follows:

The Buyback amount — 81,883,690 WIN

Buyback burn hash:

dfdae88271fab4c790c072db3ca5c22d1617d47b1f7acaa1f4f7d5344fe3fd62

The wager burn pool amount — 107,697,259.8216 WIN

Wager burn hash:

6b17bc00d3c7901a048a953af085a84072cf905807e9b2be745242dc4e6360df

The combined total amount of $WIN burned for July is 189,580,949.8216

WINk Community Information:

Lucia Wong took over as the CEO of Wink from July 1, 2020. She gave a presentation about WINk during the Tron 4.0 Great Voyage Conference. WINk CEO conducted her maiden AMA with the community. Subsequently she launched the “Wink Great Voyage AMA Tour” which will see her conduct a series of AMAs in many communities on the Tron ecosystem. She has already completed an AMA in the Tron Whales Group.

Website: https://www.wink.org

Telegram: https://t.me/winK_org_official

Twitter: https://twitter.com/WINkorg

Email: hi@wink.org

Written by

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

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store