Please explain why you should use internal tokens on your platform.
In order to create a fair, autonomous cloud-based betting experience for all users, a player cannot remain the house forever. For this reason, our platform uses a double token system (two utility tokens). VIA (XVIA) which is an ERC20 protocol token and an additional token called Edge.
1.) In order to qualify to become the the house a player will have to purchase and stake the required amount of XVIA & Edge.
2.) Depending on the game different amounts of XVIA & Edge will be required.
3.) You cannot host games on the VIABET platform as the house without first owning XVIA & Edge.
Users will be encouraged to transact with XVIA as this will offer many benefits within the VIABET platform such as bonuses, and higher payouts.
Now, Edge is an in-house utility token (or credit token) that can also be used as a unit of exchange between players within the VIABET platform:
1.) Each time a player plays a round of any of the VIABET casino games he earns Edge Tokens.
2.) After earning a specific amount of tokens he will qualify to become the casino and will be able to offer and open games himself/herself which will allow other players to play against him/her.
3.) During the time the player is operating as the casino, Edge Tokens will be deducted from his account. The accumulation and deduction of Edge Tokens will not be influenced by the players’ winnings or losses while a player is operating as a player or as the casino.
Once the player fails to maintain the minimum qualifying amount of Edge tokens required he becomes a regular player again, and has to go back playing against the casino house (VIABET) or against other players who have qualified to become the house thus creating an autonomous ecosystem for both players as well as the casino house.