CASINO token ICO

Ethereum network decentralized random gamification protocol on chain

Introduction

SpinCasino is a gaming platform of which provides a user experience of providing a minimal risk with a high reward. SpinCasino has a unique gaming staking mechanism where the native token is utilized for users to receive passive income. The idea is a holder of $CASINO is also a part of the houses edge. At SpinCasino you can be part of the house and receive payouts daily, so holders experience the feeling of not only playing a fun fair game, but enables them to have a share in a crypto casino. SpinCasino will be deployed on the Binance Smart Chain Network.

Passive Income Solution

In decentralized finance, one of the most exciting aspect for a user is having a passive income and getting
incentivized for holding a token. SpinCasino model is heavily based on passive income solutions for its users. The significance of holding $CASINO as a user is it will allow you to be a part of SpinCasino ecosystem in receiving payouts from users playing. This will be the main use case of which will attract users to join SpinCasino. However, this won’t be the only use case available, more so it will be the immediate use case of which holders can enjoy.

In decentralized finance, staking and farming is traditionally used to incentivize its holders. However, it
causes large dumps, as users farm for the native token and market sell them at any price which causes
unnecessary negative volatility in the token value and can hinder the projects development. We believe token value is a representation of the project hence every available $CASINO is very valuable. This is why when users stake their $CASINO tokens to receive a payout, they will be paid out in $BNB daily, and the platform will deduct 20% of the daily drop to run operations. This will make sure that there is no selling pressure on the native token. We will also be adding more use-cases to our native token which you can see in the Roadmap.

How it works

SpinCasino game utilizes blockchain technology at its core. We believe we have achieved a decentralized
random gamification on chain. Our game is able to provide true randomness as you are betting on the
upcoming block hash, of which its numbers are impossible to predict. At the same time of being a player
and betting on the block hash, you can also be a staker which enables the user to have passive income which will be paid out daily and in $BNB. The amount of $CASINO staked by a user will correlate with the amount of $BNB they will receive from the staking pool. The more $CASINO you hold, the more passive income you can expect, which is paid out in $BNB daily.

There will be two games with separate jackpots. The blockhash game utilizes our own technology to provide true randomness. The VIP game adds Chainlinks VRF layer of randomness to the game.

Ape Slots

A player can bet on chain between 0.01 BNB and 1 BNB. The winning slot will be determined by 2 to 5 horisontal or vertical same symbols of the bet transaction.
5 same symbols multiplies Bet amount X10
4 same symbols multiplies Bet amount X6
3 same symbols multiplies Bet amount X3
2 same symbols multiplies Bet amount X2

Two Win

A player can bet on chain between 0.001 BNB and 1 BNB. The winning slot will be determined by 2 symbols of the bet transaction.

Coming soon games

Shell

A player can bet on chain between 0.01 BNB and 10 BNB. The winning shell will be determined by the last hash of the bet transaction.

Blockhash game

A player can bet on chain between 0.01 BNB and 1 BNB

Each bet gives a user a chance to win up to 50% of the current jackpot amount which rolls over if there is no winner. The betting amount will determine the % of the jackpot you are entitled to, as an example: If you bet the maximum bet of 1 BNB then you are entitled to win 50% of the jackpot. From users playing the game, the jackpot will continuously grow. From every bet made on the platform.

10% will go to the platform for project expenses.
40% will go to the current jackpot.
50% will be distributed to among $CASINO stakers.

VIP game

A player can bet on chain between 0.1 BNB and 1 BNB

Each bet gives a user a chance to win up to 50% of the current jackpot amount which rolls over if there is no winner. The betting amount will determine the % of the jackpot you are entitled to, as an example: If you bet the maximum bet of 1 BNB then you are entitled to win 50% of the jackpot. From users playing the game, the jackpot will continuously grow. From every bet made on the platform.

10% will go to the platform for project expenses.
30% will go to the current jackpot.
30% will be distributed to among $CASINO stakers.
30% will go to Chainlink VRF Contract.

The initial jackpots available on launch will be bootstrapped with a healthy amount depending on the
total funds collected as well as the Chainlink VRF Contract.

The jackpots will eventually and gradually grow over time; hence we are working with smart contracts we need to plan for the future. This is why security measures will be implemented from the very beginning. Once the jackpot has reached a large considerable amount. A % will be manually transferred onto a hardware wallet. This % will then be utilized for marketing, exchange listings, liquidity, development, new chains, buy backs, burns and also airdropping $CASINO Stakers. This will be transparent and disclosed with the community as when the team will make a decision to implement these measures.

Roadmap

^{Q2 2022}

• The Launch of our BEP-20 Token ($CASINO)
• Fully working product 2 games on launch.
• Initial Marketing.
• Building our community.
• Optimizing UI/UX Performance.
• Mystery Events for participating in playing $CASINO.
• Partnerships with other projects for them to utilize our platform.

^{Q3 2022}

• Expanding Chains (cross-chain).
• Implementing new L1 Chains.
• Special Burn Event.

^{Q4 2022}

• Improving the use case of $CASINO.
• Implementing more utility of $CASINO.
• Various strategies to reward $CASINO holders.
• Exploring CEX Listings (Tier 2 and Tier 1).
• Introducing a semi-governance system.

^{Q1 2023}

• Being listed on at least one CEX exchange.
• Marketing Campaign.
• Further expanding the utility of $CDROP.
• Adding features to the platform depending on UX
• experience and feedback.

Tokenomics

Token ticker	CASINO
Token name	CASINO
Token type	BEP-20
The ICO token decimals number (The decimals field of ICO BEP-20 token)	10`000`000`000
The ICO token rate, in BEP (The number of tokens per 1 BEP, i.e. the token to BEP exchange rate)	0.0001 BEP
The ICO token rate, in USD (The number of tokens per 1 USD, i.e. the token to USD exchange rate)	0.33 USD
ICO start date (The date when your ICO would start from)	04/28/2022
ICO period in days (The number of days your ICO would be opened)	120
ICO soft cap, in ETH (A soft cap is the amount received at which crowdsale will be considered successful. It is the minimal amount required by your project for success. Expected to refund all money if this cap would not be reached)	9`000`000
ICO hard cap, in ETH (A hard cap is defined as the maximum amount a crowdsale will receive. The crowdsale is expected to stop after this cap is reached)	28`545`500

The Reserve Foundation will be decided by the stakers of how it should be distributed into the market and how to utilize it, which will prepare for our semi-governance system.

Initial rise of BNB

If the raise is successful and all tokens sell out the distribution of the raise will be as followed, all unsold
tokens will be burnt, and the following will be adjusted accordingly. A raise will be distributed as
below :

Liquidity	500 BNB
Marketing	1000 BNB
Blockhash Initial Jackpot	150 BNB
VIP Initial Jackpot	350 BNB
Chainlink Bootstrap	100 BNB
Future Development Expenses	400 BNB
Future Exchange Listing	500 BNB

Our Raise will be conducted in a decentralized manner via icodrops.com:
The Allocated icodrops.com round will be 1000 BNB with a 1.5x from listing price, as well as the Pre Sale which will be open to our community will be 2000 BNB and a 1.25x from listing, with no vesting