"Tron Fan Club" Tron Based Review Constest - My Contribution
Hi everyone.
I’m here to submit m entry on the second edition of Tron fan club contest. I was not able to submit for the first contest due to some personal issues but Alhamdulilah I’m now over it and I’m here to submit my entry for this second contest.
The topic for today’s contest is “Tron Based DAppp Review Contest". I will be picking one of the Tron based dApps and making a review about it. But I think we need to understand what dApps are before proceeding to the main task of the day.
dApps is an acronym for decentralized applications. They are applications that can function separately, frequently with the use of smart contracts which operates on a decentralized computing system. Just like any other normal applications, dApps give some functions to its clients.
I will be making my review on the Wink Tron based decentralized application.
DApp Link Wink.org
Category Gaming DApp
Wink is a casino based decentralized application that has been there for a long time and has managed to develop a strong fair games that spread several gaming categories. It is a platform with team members from all parts of the world. It is known to be experienced in games and platforms development.
Wink is the first and better casino decentralized application probably in the Tron blockchain system. It was formally known as “TronBet” with a native token of “Ante”. Now it has been updated to Wink with a native token of “Win”. The wink platform is made of different casino games whereby players play and make profit for themselves.
Let’s take a look at the different loyalty tokens that are present on the wink platform.
Dice Token: This is one of the loyalty token for Wink’s decentralized games. It being a decentralized game simply means the way the game is played has to do with the direct occurrence on the Tron blockchain. During the play of this decentralized games, your crypto assets does not leave your wallet and your winnings on that game are payed into your wallet directly.
The Dice token has a total supply of 1,000,000,000 and it is released into the system only when players stake on the decentralized game. Staking to earn the Dice token changes whenever 5,000,000 tokens are released into the system.
The 5,000,000 tokens are partitioned into a total of 200 levels with 20 stages in terms of gaming. Each stage then contains 10 different levels. At level one stage one, if you want to start staking with 200 TRX then you will earn 1 Dice token that is if you win and it will increase by 4 TRX as you proceed at each level. The Dice token is tradable on many exchange platforms so Dice token holders can decide to sell the tokens they win from playing the decentralized games .
Live Token: Live token is another loyalty token of the wink decentralized application. It has a total of 999,999,999 Live tokens supply and it is released into the system when players any of the decentralized games under the Live sub platform. The Live sun platform consists of different decentralized games which you can choose to play any of it at anytime.
The amount a player will stake to win Live token changes whenever 3,333,333 tokens are released into the system. The Live sub platform is made up of 300 levels of 3,333,333 tokens each level partitioned into 30 different stages again and each stage also contains 10 levels. At level one stage one, if you want to start staking with 200 TRX then you will earn 1 Live token that is if you win and it will increase by 2 TRX as you proceed at each level.
Just like the Dice token, the Live token is also tradable on many exchange platforms so Live token holders can decide to sell the tokens they win from playing the decentralized games.
When the internet was first introduced, many never thought it will be this useful and underestimate the extent at which the internet will change the world. Online gambling came into being when internet was at its early stages, and it gained many people attention as they were making profits from it. Somewhere around 2008 thereabouts, there has been the establishment of great innovations including cryptocurrencies and distributed ledger technologies.
Furthermore, online gambling is one of the cases that have been adopting cryptocurrencies. For a long time now many decentralized applications games have been using BTC in the field of play or in its operations. Wink is also creating a way with a business strategy that gives advantages. Those who engage themselves in Wink, playing the respective games on it get rewarded with loyalty tokens which enable to get part of the site revenue. With this players now become part of the site by playing at Wink. Wink blockchain system gives transparency and fairness in rewarding of loyalty tokens.
These loyalty tokens are earned with respect to your staking on the platform. It does not matter whether you win or you lose, you get these loyalty tokens so far as you are staking on the platform. When your staking is hug then your rewards also increases as time goes on. Some players also freeze their tokens on the platform and earn daily rewards which will be payed directly into their respective wallets.
With regards to how often I have been on this platform, I don’t think I have seen any issue wrong with it but what I will just have to say about it is that it is a unique opportunity of making money.
In the near future, the possibility of the number of people joining the platform is very high, so if you are a person holding any of the wink loyalty tokens be it Dice token, Live token or Rake token it has the possibility of becoming a very good source of generating profit.
Strategizing yourself is all that you need to do, it will make you recover your initial capital as well as making u generate more profits. Never forget to bet or stake an amount you can not afford to lose, always gamble responsibly.
I can say that Wink platform is a Tron based decentralized application. It is the first gambling platform built on the Tron blockchain probably. It is very user friendly and provides adequate security to its users. So anyone who wants to join this platform should be ready to take risk and should gamble responsibly.
Now I would like to express my sincere gratitude to @tron-fan-club for organizing this nice contest. Such contest enables us to write more and learn new things which also broaden our knowledge about some decentralized applications.
Thank You All!!
Twitter Link
Interesting Dapp to see and you explanation is very well
I always thought Wink native token is WIN?
@suglo100 I am really thrilled by your article. I would always save u 30 minutes daily to read your posts. You are genius!
I’m pleased 😊
Note: You must enter the tag #fintech among the first 4 tags for your post to be reviewed.
You see, you have completed this homework task very well. And I like your post about dapps you have explained in a very nice way.
Thank you for participating in this competition. You have implemented your contribution very well. Good luck to you.
Thanks. Do you use WhatsApp?
In a word, extraordinary. Your presentation was very good. I was fascinated to see that. You share with us a very beautiful description of everything. Wrote neatly. Good luck to you.
Thanks very much.
Those who play games should know about this wink app. I didn't know about this app before. However, after reading your post today, I came to know a lot of information. Thanks bro.
Thanks for going through
Nice review bro.
You really did a good research