TG.Casino ($TGC) has raised $4 million on the back of strong growth for its Telegram-based crypto casino, which has seen over $45 million in bets placed on the platform and whose presale event is close to selling out.
The casino, live events and sports betting platform has seen total deposits of more than $4 million and a player base of nearly 3,000. Meanwhile, its Telegram channel has more than 11,000 subscribers.
Rival Rollbit is concerned about the new upstart as it sees its own market share threatened.
40% out of the 1 million $TGC token supply will be available to the public in the presale. The token price will increase by $0.005 every 5 days until the $5 million hard cap is reached. There are two days left until the next price increase, and the current price of a $TGC token is $0.185.
TG.Casino is on its way to becoming the next GameFi cryptocurrency to break out like Rollbit. This new gambling and gaming ecosystem has many advantages, such as free passive income from staking.
In addition, it far exceeds Web2 traditional online casinos in terms of ease of onboarding and use. Players at TG.Casino can easily gamble using their Telegram accounts and cryptocurrency-funded wallets.
Additionally, after purchasing $TGC token in the presale, you can immediately stake your newly purchased tokens to earn up to 158% annualized returns. There are also exclusive benefits for presale buyers who are active on the platform.
After the NFT is launched, it will be available exclusively to pre-sale buyers, while generous rewards will be offered to high-volume investors who invest $5,000 or more.
As TG.Casino approaches its $5 million hard cap goal, fundraising is accelerating, so time is running out to secure your purchase at the lowest price and avoid disappointment if the presale ends early.
Whale buyers emerged to ensure they got a piece of the action. On December 7, a whale purchased $TGC tokens worth 14 ETH, which was worth $31,000 at the time.
The next day, another whale showed up, this time investing $56,000 worth of ETH (23.88 ETH) to buy their $TGC tokens.
Unlike many pre-sales, TG.Casino already has a product on the market that attracts users and generates revenue. If you are one of the growing number of gamers already using TG.Casino, you can benefit from the new referral program that earns you 10% commission on all invited players.
Additionally, the team announced an airdrop event on November 10th, which will distribute 16% of the total token supply in four phases. See Telegram for more details.
TG.Casino is one of the few Telegram casinos that has a Curacao gambling license, which makes it a safe bet for investors and players.
The project has also been verified by Assure DeFi and received a KYC certificate in November. The KYC certificate means that the team members who manage the verification application have passed rigorous multiple identity verifications – a much more rigorous process than identity verification on professional social networks such as LinkedIn.
Additionally, security firm Coinsult audited the project’s smart contracts and found no major issues.
Leading cryptocurrency experts and analysts are cheering TG.Casino on as the next big thing in the GameFi space, likely because they see the appeal of its many unique selling points.
Crypto influencers supporting TG.Casino include Eric Cryptoman, Poe, Sibel, Erik Stevens, CTM, CheatCoiner, Wizard of Soho, and Dogen.
The fact that Eric Cryptoman has invested his own money into the project shows his commitment and belief, but please do your own research.
A recent post shows that he believes TG.Casino has what it takes to take market share from Rollbit.
The TG.Casino platform has a unique buyback program that allows $TGC token holders to effectively share in the platform’s profits.
A portion of the daily profits will be used to fund a buyback mechanism, with 40% of the funds being destroyed and 60% being used for community rewards. The destruction plan has a supportive effect on the price because it increases the scarcity and value of the remaining $TGC tokens.
Meanwhile, those who choose to buy and stake can earn an annualized yield (APY) of 1,58% today. Nearly 76% of the purchased $TGC tokens have now been staked, and nearly 5 million $TGC rewards have been paid out. 20.2 million $TGC tokens have been staked. The total amount of rewards paid out to date is 5,764,906 $TGC.
The APY is set dynamically based on the ratio of the amount deposited into the staking contract and the amount held in each wallet.
Rollbit ($RLB) hit an all-time high of $0.2957 on November 14 but has since fallen to $0.1948. However, like other altcoins, it has been on the rise recently, gaining 19% in the past 24 hours.
According to Coinmarketcap, Rollbit tokens have gained over 200,00% since July last year, so imagine how high its price could go given TG.Casino’s numerous advantages over $RLB.
Rollbit’s continued success demonstrates the value being created in the crypto gaming industry. Blockchain technology is well suited to provide the transparency and security needed to ensure trust in online gambling products.
Although Rollbit offers reduced fees to $RLB holders, and token holders will receive rewards for participating in the lottery if they stake $RLB, it does not have a passive income stream like TG.Casino.
Additionally, Rollbit does not have high investor rewards, which provides TG.Casino with another competitive advantage.
For high-volume investors who purchase $5,000 or more of $TGC tokens in the presale, the following important NFT rewards will be obtained:
50% staking token rewards from buyback
10% Casino Points, 5 times your bet amount
5% cashback on weekly house edge ($TGC is doubled)
Seasonal Rewards
Commemorative Limited Edition NFT
The staking token rewards will augment the staking rewards from the token buyback which will begin at the token launch. The reward distribution will begin when the $TGC token is launched.
There are two additional high roller reward tiers for players who wager $100,000 or more (Gold) or $250,000 or more (Diamond):
TG.Casino offers 200% cashback and 25% net cashback to players who bet using $TGC.
Net cash back and 200% cash back bonus encourages pressure to buy $TGC while providing a layer of protection for high-risk bets.
By offering a longer gaming experience, crypto gambling enthusiasts are now flocking to the TG.Casino platform to make the most of their gambling balance.
Stay connected with TG.Casino via the Telegram channel and X account to get the latest pre-sale news and product developments.
YouTuber Crypto VO told his more than 300,000 subscribers that he thinks TG.Casino will be the “next 100x presale gem.” With 16,000 people watching his video, it’s likely that many more now agree with him.
Another cryptocurrency YouTuber who is making a name for himself believes TG.Casino could be the “ultimate crypto game-changer.”
Crypto media also began to pay attention to TG.Casino.
Coinpedia, Business Insider, Cryptonews and Finbold are some of the financial media outlets reporting on the latest GameFi hype.
As revenues at TG.Casino have exploded, it’s one of the best altcoin opportunities offering life-changing returns for a relatively small investment, but FOMO is building, so time is running out.
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