Billionaire Token — an EOS token with a deflationary mechanism instead of a mining system. It is intended to be used as the in-game currency for playing Billionaire Token.
Contents:
- Description of the EOS project Billionaire Token
- Differences from other blockchain projects
- Additional information about dapp
Description of the EOS project Billionaire Token
Most other coins or tokens have some sort of mining system. Billionaire Token, on the other hand, has the exact opposite: it has a deflationary mechanism that destroys 30% of gambling coins. Thus, tokens are becoming more and more rare as more and more people gamble. This rarity is what provides intrinsic value and differentiates the marker from the competition.
Features of games on the project:
| Billionaire Raffle&Burner | You can try your chance to become one of the three winners by constantly burning billionaire tokens and having tons of fun in the process.. |
| Cello-lo DICE | Fun, fast and fair play against another player. You have three dice and a chance to defeat and crush your opponent. The winner takes everything. |
| Billionaire Hold'em | A peer-to-peer decentralized poker platform, built on the blockchain. This will allow you to test your poker skills or your luck to win even more Billionaire Tokens. |
The games of the project, unlike other popular gaming platforms, are completely decentralized. The project does not have a home and the developers do not host anything on the servers.
Billionaire Token are required to play all games on the platform. The deflationary mechanism destroys 30% of gambling XBL tokens. The minimum allowed supply is 128,000 XBL. After that, the tokens will no longer be burned.
Differences from other blockchain projects
Many coins and tokens in the crypto world are trying to attract users by supplying them with an infinite supply of coins and thus creating an inflationary economic model. The mining algorithm can be good early in the life of a coin because users have an incentive to mine and participate in the project. Coins with mining algorithms initially stimulate the growth of the community, but eventually start to fail as the maximum supply gets closer and mining rates decrease. Inflation also causes the value of each coin to decrease over time, unless demand is constantly increasing. BillionaireToken bypasses mainstream thinking and incorporates an ever-shrinking supply model, where the available number of coins is always decreasing.
Additional information about dapp
At the moment, there are no White Paper and RoadMap on the site. The developers provide only answers to popular questions.
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