Blockchain technology has changed the world and will probably continue to do so for many years to come as one of the most amazing innovations. Currently, technology adds the most advantages to everyday life for important companies like the gaming industry. Only if people concentrate on learning about the incredible prospects offered by blockchain technology can this movement be expected to pick up steam.
Gambling has existed since the beginning of human history, and with the development of the internet, it has become much more widespread and is still growing as mobile connectivity increases globally. By creating decentralized applications with a gambling focus, blockchain technology has accelerated this trend.
Now on the subject of gaming, in this article, we are going to be talking about a project called 88token and we are going to be dissecting it into understandable bits by talking about:
- What is 88 token?
- Benefits and Features.
- Tokenomics.
- Conclusion.
What is 88 token?
88token is a game-fi platform that operates on a blockchain network. It provides its users with a fantastic experience by delivering effective payment options to gamers and bookmarkers.
The was created to give gamers and bookies effective payment options, which is the sole reason 88Token was founded. The project’s creators assert that they will offer cutting-edge gaming.
Today, 88 tokens have been invested in the gaming world by recognizing that many people play games and intend to receive and be able to trade and earn tangible rewards.
Benefits and Features.
Benefits:
Transparency: The 88Token smart contracts are public and based on blockchain technology. On this platform, transactions are completely decentralized and publicly available.
Fast: The platform’s payment transactions happen very quickly, which creates a distinctive gaming experience.
Security: Since platform transactions are broadcast anonymously on the blockchain, custodial wallets are used to protect player identities. The 88Token smart contract and platform have been thoroughly audited and safe from external exploits or hacks.
Holders of 88Tokens receive mouth-watering incentives.: The platform provides a variety of ways for owners of its native token to receive rewards and make money using the platform. The currency grants you full access to a variety of reward systems and entertaining gaming opportunities.
ONLINE MARKETPLACE: The platform offers a built-in marketplace where users may quickly and easily trade its token. As time goes on, more tokens will be added to the marketplace, ensuring that consumers have access to everything they require.
Features
Marketplace for 88Tokens
The 88Token can be purchased or simply sold on the official marketplace run by the core team for cryptocurrency enthusiasts, gamblers, and investors. Everyone needs to keep an eye out for listings on foreign exchanges.
For holders.
Observe your Tokens. When holding 88Token, all Holders can benefit from up to 60% profit sharing to their individual wallets. This could be a source of passive income. The revenue sharing results from working with bookmakers and using 88Token as a form of payment. Once more, the ability to burn up to 40% of tokens used in a loss is a positive feature because it would allow the price to climb. The increase might also be attributable to gamers and bookies who made purchases on the open market.
Tokenomics.
Name: 88Token
Ticker: 88T
Type: Bnb smart chain- Bep-20
Total Supply: 10 Billion
Smart Contract:
0xc4eE9302Db2899187a12D76264f2f227B4Ad43Ff
ALLOCATIONS
The total quantity of 88Tokens is distributed among eight separate measures. A complete distribution of the 88Tokens is given below:
Game Prize
Gamers on the platform will be rewarded with 15% of the total supply. With a 10% monthly unlock, a total of 1 billion 88T will be locked for a whole year.
MARKETING
Only 12% of the supply has been set aside for marketing. With 1% being unlocked each month, 1.2 billion 88T will be used for marketing.
Liquidity
Liquidity will be added to the total supply at a rate of 2.7%.
Reserve
A reserve of 10% of the supply will be retained for the project, and the technique for unlocking it will change every month.
Public sale
The public sale will receive 0.3% of the total amount.
Seed round
A seed round allocation of 11% of the total supply will be consumed for six months with a 10% monthly unlock.
Private Sale
The private sale, which will similarly take place over a six-month period with a 10% monthly unlock, will exhaust the remaining 39% of the supply.
As of this writing, the team has successfully closed both the seed round and private sales, raising a total of $13,280,000.
Summary
88token is a game-based blockchain platform, it is a network created for gamers.
The idea was to give gamers and bookmarkers efficient payment choices, it offers its consumers an amazing experience. Custodial wallets are utilized to conceal player identities because platform transactions are broadcast anonymously on the blockchain.
One of its outstanding feature is its official market place, it is run on the blockchain to provide unbiased services for users, gamblers, and investors where the asset (88Token) can be bought or simply traded.