Play To Earn: TrustDice TXT Token
TXT is our very own cryptocurrency token built on the robust and secure EOS Blockchain, designed to enhance your gaming and investment experience on the TrustDice Live Casino. By staking TXT, you can earn attractive cryptocurrency dividends, including up to 50% of the profits generated by our popular Dice game. This staking mechanism not only rewards you for holding TXT but also ties your earnings directly to the platform's success, providing a dynamic and lucrative investment opportunity.
In addition to staking, TXT serves as the primary currency for engaging with our diverse range of self-developed games, such as the exciting Crash game. These games are designed to offer thrilling experiences while allowing you to utilize your TXT Coins for placing bets, unlocking exclusive features, and maximizing your gaming potential. Furthermore, TXT can be used across various other games on our platform, providing flexibility and enhancing your overall gaming strategy.
The integration of TXT within the TrustDice ecosystem ensures seamless transactions, secure asset management, and access to exclusive promotions and rewards. Whether you're a seasoned gamer or a cryptocurrency enthusiast, TXT empowers you to participate actively in TrustDice, earn substantial rewards, and enjoy an unparalleled gaming experience. Additionally, TXT holders benefit from regular updates and innovations on the TrustDice platform, ensuring that your investment remains valuable and your gaming experience continually improves. Join our community today and leverage the power of TXT to elevate your gaming and investment endeavors to new heights!
How can I earn money by playing?
To earn money online is quick and simple - Everyday a certain amount of TXT is released into the gaming platform. By taking part in our crypto casino, every bet you make, whether you win or lose, are converted into Claim Points, which are used to calculate the amount of TXT you will be receiving. The more you bet, the higher your Claim Points, and ultimately your TXT earnings.
Your claim points are calculated as follows: Bet Amount (in USD) x Game House Edge Percentage (Dice and Crash = 1.5%, Sports = 3%) x (1+ Bonus Percentage) X 20.
These Claim Points allow you to play and earn TXT every day at 09:00 UTC. It is important to note that after you have claimed your daily TXT earnings, your Claim Points are reset until you bet again.
Stake TXT and earn Crypto
The TXT you have received through your accumulated daily Claim Points can now be staked to earn crypto online everyday at 10:00 UTC - It truly is that easy!
So in short - TXT can be seen as the means to accumulating cryptocurrency dividends. So there is really nothing left to do but play our free online games, stake TXT and earn money today!
How many rewards can I receive every day?
It depends on the amount of TXT you staked. The more TXT you staked, the more rewards you will get.
The staking pool consists of 50% of Dice game profits.
At 09:00 UTC every day, a certain percentage (1% EOS, 1% BTC, 1% ETH, 1% USDT) of the staking pool will be paid to the TXT holders based on the amount of TXT they staked. You can also calculate your potential rewards on the “Stake” tab of the TXT page.
Earn even more TXT
If you’ve already made good headway with your TXT earnings, here are a few ways to make even more!
- Simply by playing and earning! (50% of the total supply of TXT will be used to reward those who bet on our “Wager-to-Mine'' promotional games via the “Play-to-Earn” mechanism)
- Buy TXT on Uniswap Exchange
- By playing Dice Game/Crash Game/Sports Betting
- Claim free TXT from the Claim Faucet Page
- Claim free TXT rewards when you’ve reached a higher level or completed specific tasks that promise free TXT earnings
TXT Coin Overview
The TXT Coin is the native cryptocurrency issued by the TrustDice Gaming Platform on the EOS Blockchain. As a utility token, TXT offers various benefits to its holders, primarily through daily rewards derived from the platform's gaming profits. This comprehensive overview provides detailed insights into the TXT Coin's structure, distribution, acquisition methods, reward mechanisms, staking rules, and other essential aspects.
1. What is TXT?
TXT is a cryptocurrency token specifically designed for the TrustDice Gaming Platform, leveraging the EOS Blockchain's capabilities. The primary incentive for holding TXT is the daily rewards system, where 50% of the profits generated by the platform's dice game are distributed among TXT holders. This mechanism not only incentivizes users to hold and stake TXT but also aligns the token's value with the platform's success.
2. Total Supply and Allocation
The TXT Coin has a fixed total supply of 5 billion tokens. The distribution of this supply is carefully structured to ensure the platform's sustainability, incentivize team members, and engage strategic partners. Below is a detailed breakdown of the TXT Coin allocation:
Category | Percentage | Description |
|---|---|---|
Claim | 50% | Allocated for rewarding players through the Play-to-Earn mechanism. |
Team Incentive | 20% | Reserved for the development team with a 4-year lockup period. |
Strategic Partners | 10% | Allocated to strategic partners, also subject to a 4-year lockup. |
Bounty | 10% | Set aside for bounty programs to incentivize community participation and marketing efforts. |
Token Sale | 10% | Available for initial token sales to raise funds and distribute tokens to early adopters. |
3. Ways to Acquire TXT
There are multiple avenues through which users can acquire TXT Coins, catering to both active participants and passive investors:
- Play-to-Earn (Claiming): 50% of TXT’s total supply is dedicated to rewarding players who engage with the platform’s games. By betting on games like Dice, Crash, Casino, Sports, and Esports, players can earn TXT daily.
- Purchase on UniSwap Exchange: Users can buy TXT directly on UniSwap, a decentralized exchange, allowing for easy acquisition using various cryptocurrencies.
- Participate in Crypto Games: Engaging in games such as Dice, Crash, Casino, Sports, and Esports not only provides entertainment but also opportunities to earn additional TXT rewards.
- Faucet Rewards: The platform offers a Faucet feature where users can claim free TXT Coins periodically.
- Task Completion and Leveling Up: Players can earn TXT by reaching higher levels or completing specific tasks within the platform, encouraging active participation and skill development.
4. TXT Release Mechanism
The distribution of TXT Coins follows a half-life decay pattern, ensuring a controlled and predictable release of tokens over time. Each half-life period spans 250 days, during which the number of TXT Coins released daily remains constant within that period.
Here’s a detailed breakdown of the TXT release schedule:
Period | Start and End Dates | Amount of TXT to Be Released | Percentage of Total Supply |
|---|---|---|---|
1 | 1st – 250th day | 1.25 Billion TXT | 25% |
2 | 251st – 500th day | 0.625 Billion TXT | 12.5% |
3 | 501st – 750th day | 0.3125 Billion TXT | 6.25% |
4 | 751st – 1000th day | 0.1563 Billion TXT | 3.125% |
... | ... | ... | ... |
Total | Over multiple periods | 2.5 Billion TXT | 50% |
For instance, during the first half-life period, 1.25 billion TXT will be distributed over 250 days, resulting in a daily release of 5,000,000 TXT.
5. Earning Claim Points and Rewards Distribution
Players earn Claim Points with every real money bet they place, regardless of the bet's outcome. These points are pivotal in determining the TXT rewards a player receives daily. The calculation for Claim Points is as follows:
Claim Points = Bet Amount (in USD) × Game Percentage × (1 + Bonus Percentage) × 20The specific game percentages are:
- Dice: 1.5%
- Crash: 1.5%
- Sports: 3%
- Casino: 3%
At 09:00 UTC each day, the current round of Play-to-Earn gaming concludes. TXT rewards are then distributed to players based on their proportion of Claim Points accumulated that day. After distribution, all Claim Points are reset to zero, and a new round begins. For example, if there are 2,500,000 TXT to be claimed in a day and the total Claim Points are 1,000, a player with 10 Claim Points would receive:
(10 × 2,500,000) / 1,000 = 25,000 TXT6. Bonus Percentage and Staking TXT
The Bonus Percentage enhances the rate at which Claim Points accumulate. Initially set at 0%, players can increase this percentage by staking more TXT. The higher the Bonus Percentage, the faster the Claim Points grow, allowing players to earn TXT more rapidly. The daily Bonus Percentage is determined by the amount of TXT a player has staked before 08:00 UTC the previous day. The staking tiers and corresponding Bonus Percentages are as follows:
Staked TXT | Bonus Percentage |
|---|---|
≥ 3,000 TXT | 5% |
≥ 10,000 TXT | 10% |
≥ 30,000 TXT | 14% |
≥ 50,000 TXT | 18% |
≥ 100,000 TXT | 22% |
≥ 500,000 TXT | 25% |
≥ 5,000,000 TXT | 28% |
≥ 50,000,000 TXT | 30% |
Staking more TXT not only increases the Bonus Percentage but also enhances a player's potential earnings from Claim Points, making staking a strategic move for maximizing rewards.
7. TXT Staking and Rewards
Staking TXT is essential for eligibility to receive daily rewards. Only staked TXT Coins qualify for these rewards, which are distributed from the staking pool. The staking pool comprises 10% of the profits generated by the Dice game.
Each day at 09:00 UTC, a fixed percentage (1% each of EOS, BTC, ETH, and USDT) from the staking pool is distributed to TXT holders based on the amount they have staked. Players can estimate their potential rewards using the “Stake” tab on the TXT page, which provides detailed calculations based on current staking amounts and pool distributions.
It's important to note that staked TXT cannot be used for other activities on the platform, such as playing games, tipping other players, or withdrawing. Staked tokens are locked to ensure the stability and integrity of the staking mechanism.
8. Unstaking TXT
To access staked TXT, players must initiate an “Unstake” process. This process requires a 72-hour waiting period before the tokens become available again. After this period, players need to perform a “Refund” action to return the unstaked TXT to their account. This mechanism ensures that the staking pool remains stable and that rewards are distributed fairly among active stakers.
9. Claim Points Eligibility and Exclusions
Claim Points are earned through real money bets using specific currencies. However, not all activities or games contribute to Claim Points. The following are key points regarding eligibility and exclusions:
- Only real money bets using JPY, EUR, BTC, ETH, EOS, USDT, USDC, LTC, Dogecoin, or TRX are eligible for Claim Points.
- Betting with bonus money or free spins does not generate Claim Points.
- Certain games are excluded from the Play-to-Earn promotion, including titles like Platinum Lightning Deluxe, Battle for Atlantis, and others. A comprehensive list excludes various casino and live casino games except for slots.
- Claim Points can only be accumulated through eligible real money bets, ensuring that rewards are tied to genuine platform engagement.
These restrictions ensure that the Claim Points system remains fair and incentivizes meaningful participation within the platform.
10. Daily TXT Release Schedule
TXT Coins are released daily following the half-life decay schedule mentioned earlier. This structured release ensures a steady distribution of tokens while preventing sudden inflation that could devalue the token. By adhering to this schedule, TrustDice maintains a balanced and sustainable ecosystem for both players and investors.
For example, during the first half-life period (days 1-250), 1.25 billion TXT are released, averaging 5,000,000 TXT per day. This consistent daily release allows players to anticipate their rewards and plan their staking and gaming activities accordingly.
11. Additional Considerations
Some additional points to consider:
- Players must ensure they are using the correct currencies for betting to earn Claim Points.
- Understanding the staking tiers can help players decide the optimal amount of TXT to stake for desired bonus percentages.
- Monitoring the release schedule can aid in strategic planning for staking and gaming activities to maximize rewards.
- Being aware of the excluded games ensures that players do not inadvertently engage in activities that do not contribute to their Claim Points.
By adhering to these guidelines and actively participating in the platform’s ecosystem, players can effectively leverage TXT Coins to enhance their gaming experience and financial rewards.
Conclusion
The TXT Coin serves as a fundamental component of the TrustDice Gaming Platform, offering users multiple avenues for earning and leveraging cryptocurrency rewards. Through mechanisms like Play-to-Earn, staking, and a structured release schedule, TXT provides a robust and engaging environment for both gamers and investors. By understanding the token’s distribution, acquisition methods, and reward systems, users can strategically maximize their benefits and contribute to the platform's growth and success.