[ad_1]
LONDON, UK – 
(NewMediaWire) – June 27, 2022 – Titano Finance, a
popular DeFi project on the Binance Smart Chain, has recently launched the
Titano Gaming Platform. This development follows hot on the heels of last
month’s partnership announcement with BetSwirl, the DeFi gaming platform.
Titano’s expansion
into gaming should come as no surprise, with gaming protocols and platforms on
the blockchain performing exceptionally well in the last 24 months. Investors
and consumers are attracted to the decentralized nature of blockchain games,
with the underlying perception being those games residing on the blockchain are
fair. This fairness is especially appealing when it comes to games of
chance.
Titano’s Gaming
Platform features a daily draw with tickets available for just $5 worth of
Titano. For every draw, there is a random eight-digit combination with each
digit being between 0 and 9. Winning tickets are determined by matching digits
in the correct order.
Matching the first
number only pays out a share of 4% of the prize pool, matching two pays a share
of 3% of the prize pool, matching three pays a share of 5%, matching four pays
a share of 7%, matching five pays a share of 10% of the prize pool, matching
six pays a share of 13%, matching seven pays a share of 16% and matching all
eight pays out a share of 25% of the prize pool. The share of each winning
ticket depends on how many other tickets also win within that category. The
rewards for that category get split between all winning tickets for that
category. All other prizes in the pool get rolled over to the next Gaming
Platform draw the following day.
Therefore, the total
paid out in prizes amounts to 83% of the total ticket sales. From the remaining
17% of the funds, the team will burn 12% and send 5% back to the treasury for
future development. These fees add up quickly to help the project grow, and
also assist in containing the inflationary nature of the Titano token.
Every round of the platform
starts at 14:00 UTC and runs for 24 hours until the next round starts. After
the winning numbers are drawn, entrants can check their tickets directly on the
website to see if they were lucky enough to win this round. The first drawing
saw a prize pot of $71,320.78 with over 1,500 tickets winning some form of a
prize.
As time progresses
and more daily draws take place, the Titano team is projecting the prize pool
will grow to immense sizes just like those in traditional lotteries. The team
has predicted that we will likely see prize pools into the millions of dollars
as time goes on.
For Titano, a
successful Gaming Platform brings multiple, significant benefits to the
protocol and its holders. Furthermore, with the launch of SWYCH, the new
decentralized exchange from Titano, it is now easier than ever to onboard new
users to the project. The SWYCH DEX, was forked from PancakeSwap, and as such,
the Gaming Platform, games, and future utilities will all combine effortlessly
and safely to bring increasingly deflationary mechanics to the Titano token.
The 12% burn on every Gaming Platform ticket will quickly add up!
Titano was launched
in October 2021 and continues to develop, steady and sure. The Gaming Platform
is the latest in a series of updates to the project and the team has promised
that there are many more improvements to come. This is a team of builders and
innovators, backed by one of the biggest and most active social communities in
DeFi.
About
Titano
Titano Finance, is a
DeFi company transforming the space with its innovative protocols, tools and
projects. The token is auto-staking with a buy-hold-earn strategy meaning upon
purchasing the token, you automatically begin earning rebase rewards right in
your wallet. No staking procedures are required, and there is no time lock-ups.
In addition, rebase rewards are consistent, arriving every 30 minutes or 48
times per day every day.
Social
Links
Discord: https://discord.gg/zzJuZAsXX2
Twitter: https://twitter.com/TitanoFinance
Telegram chat
group: https://t.me/titano_finance
Instagram: https://instagram.com/titano.finance?utm_medium=copy_link
Media
Contacts
Brand: Titano Finance
Contact: Julius
Email:
info@titano.finance
Website: https://titano.finance/
SOURCE: Titano Finance
View the original release on www.newmediawire.com
[ad_2]
