888 Tron: New gaming DApp on Tron's mainnet provides dividends in TRX
888 Tron platform, a gaming platform based on the Tron network, was launched in December 2018. With an aim to revolutionize the gaming industry, the platform intends to change the traditional approach to managing a business in the industry. 888 Tron is ranked No.1 with volume on the Tron blockchain, with a daily volume of about $ 10 million.
In addition to playing games and mining, 888 Tron’s first users can also become co-owners of the business. The 888 Tron platform allows users to own 888 Tron tokens by playing games, making them owners of the platform.
Using a smart contract, the platform seeks to keep the platform’s profits transparent and evenly distributed. Additionally, the dividends will be paid in Tron’s TRX token, a popular cryptocurrency ranked 10th, based on market cap.
Users can mine tokens on the platform by betting. However, the supply of tokens is limited to 100,000,000 tokens. The process of mining involves levels, which is restricted by time. A block is mined every 48 hours. For mining one 888 token, the user is required to use TRX 700, which is the minimum starting bet.
At the end of each level, the minimum bet to mine one 888 token increases by TRX 10. So, if a level 1 player uses TRX 700 to mine one 888 Tron, the user needs TRX 710 for another token and so on. Every 48 hours, at the end of each level, players are paid dividends in TRX.
The Mining Process
Dividends are distributed automatically once every week, after the mining process is complete. For example, if a player has 1% of the total volume of the platform’s tokens and the platform’s income during that time is TRX 30,000,000, the platform will receive TRX 30,000,000*0.01=TRX 300,000.
In the first mining stage, users can earn 12 million in TRX dividends. Currently, there are 10 million TRX, translating to TRX 12 million, with 1 million TRX dividends rising every day.
The team, partners, and the reserve fund receive a reward of 54%, for each token mined. Once the mining process is complete, the platform’s tokens are distributed as: players mine tokens – 65%, team tokens – 20%, advertising – 10% and technical – 5%. The listing of the 888 Token on exchanges will begin once 3% tokens are mined.
Apart from unique games with fair play, and a fair and transparent mechanism for distributing dividends, 888 Tron’s games will be based on well-designed models and high winning percentages. The dice 52 game on the platform boasts a winning percentage of 96.15%.
As the 888 Tron is based on cryptocurrency and mining, players will need to consider local laws to avoid violations.