Crypto whales are flocking to the newly launched TG.Casino ($TGC) presale, pushing the fundraising beyond $150,000 in a matter of minutes.
The project is a Telegram-powered casino that’s causing a stir as it provides a groundbreaking revenue-sharing model that integrates a deflationary mechanism, leaving traders extremely excited about its long-term prospects.
The casino offers thousands of highly polished games and an integrated sportsbook. It is also fully licensed and regulated by the relevant authorities.
Here’s everything you need to know about why whales rush to this project.
TG.Casino leveraging Telegram for impressive growth potential
TG.Casino is described as the world’s leading Telegram-powered casino platform that shares a portion of its revenues with all holders of the $TGC token.
With Telegram-based bots and casinos like Unibot and Rollbit taking center stage during the bear market, TG.Casino combines these two worlds to create an impressive platform that rewards holders as it gains more adoption.
What sets TG.Casino, apart from the competition is that it integrates an intuitive deflationary mechanism into its ecosystem, leading to scarcity over the long term.
This is one of the main reasons the project has already raised over $150,000 from Web3 circles and blue tick Twitter influencers, as they believe the project has 100x potential.
The platform isn’t just another online casino. Instead, it’s a cutting-edge solution that leverages Telegram’s security, speed, and user base while offering a seamless gaming experience that integrates cryptocurrency transactions.
The project intends to shift the paradigm of how online casino games interact with modern technology through the power of messaging platforms like Telegram.
With the crypto-based casino market valued at just $250 million, the space has room to grow into the overall casino industry valued at $263 billion.
TG.Casino plans to leverage the power of Telegram, which has over 1 billion users and is forecasted to rise to 1.5 billion in the next three to five years – making it one of the most popular social media and messaging platforms.
Telegram recently released robot capabilities on its messaging platform, allowing developers to program bots to execute processes initiated by users.
TG.Casino is leveraging this bot to bring crypto-based gambling to the masses while providing them an avenue for a passive income.
Intuitive revenue-sharing model combines deflationary mechanism for exponential returns
One of the main reasons investors are rushing to this project is the revenue-sharing model that rewards all holders.
Instead of solely benefitting the house like most casino platforms, TG.Casino shares a portion of its revenues to all token holders.
A portion of the daily revenues generated on the platform are used to buy back $TGC from the open market through a DEX – providing the market with consistent demand.
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From the $TGC purchased, 60% is distributed to all those staking on the network, providing them with rewards.
The remaining 40% is sent to a burner address, removing the tokens from the total supply and creating scarcity for the token.
As a result, stakers see their token balances increase while the total supply of the token decreases.
If you know anything about economic theory, you’ll understand that any asset with a rising demand with a falling supply sees a surge in value – which is what TG.Casino has created with its token.
Fully licensed and regulated with security as a top priority
Another reason whales are rushing to get positioned in this groundbreaking revenue-sharing casino is because it is fully licensed and regulated.
The project has obtained its credentials from the Gaming Curacao licensing entity, making its operations provably fair and transparent.
This means that investors won’t have to worry about regulatory pressure as the platform becomes popular.
Furthermore, its integrations with top gaming providers like Evolution allow TG.Casino provides thousands of highly polished casino games, including blackjack, poker, roulette, and slots.
It also has a selection of live casino games and its sportsbook to wager bets on sports matches.
Finally, as the platform uses Telegram, there’s no need for KYC verification. Users simply create an account to receive their deposit address and fund it with the cryptocurrency of their choice.
For those who are security-minded, TG.Casino has been fully audited by Coinsult, the leading blockchain security firm, and has been proven to be 100% secure.
Presale quickly selling fast – Get positioned today
The presale for the $TGC token is selling very quickly.
The token is now on sale for $0.125 and can be bought using ETH, BNB, and USDT – ERC-20 and BEP-20 versions.
The token will be the native token behind the platform, allowing users to place bets with it alongside other major cryptocurrencies.
Those playing with $TGC tokens will have additional bonuses, rewards, and prizes.
The project will run on the Ethereum blockchain with a total token supply of 100 million $TGC.
40% of the token supply is being sold in the presale, aiming to raise $5 million.
Another 20% is reserved to provide liquidity to decentralized exchanges, 20% for staking rewards, and 10% for player rewards.
The final 10% is allocated to marketing and affiliate payouts.
Overall, TG.Casino is positioned to revolutionize the traditional casino reward system through its revenue-based sharing model.
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Its ecosystem is designed to give back to its players, helping to foster community loyalty for long-term utility.
With the presale quickly gaining momentum, the $5 million hard cap will likely be hit in a matter of weeks.
Therefore, prospective investors are encouraged to get positioned as quickly as possible or face the pain of paying higher prices once the token launches and trends on popular platforms like DexTools.
