✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token

[hd49728]

Unfortunately, most of the token project owners want people to buy their tokens from DEX to increase the number of holders and the adoption. But when the project is handled by another project where they are generating money, and the token generation comes from that platform, that is something else. You already have a huge user base on your platform, and the community is going to utilize your tokens, so you don't have to do extra marketing.

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

Listing on CEX is favorite by cryptocurrency enthusiasts because they see it as one of commitment of a project team to their own project. Like spending pocket money for listing on CEX, the project team will not easily abandon that project. With project teams, listing on CEX has disadvantages too, for example, if they don't list a token on Tier-1 Centralized Exchanges, cost spent for listing will not bring good effects. Because of low trading volume on lower Tier CEX, trading volume of their token will be low, and price impacts will be very small or no impact at all.

DEX is good, and to use DEX, people must use non custodial wallets, that will help users to secure their own funds better. The team can easily to check token distribution of most of token holders are holding tokens in their non custodial wallets, not in exchange accounts. With investors in the community, watching and analyzing token distributions is important to avoid rug pulls.

[Wind_FURY]

Although, they do already have the casino. Accepting SHFL for deposits and bets is "OK utility".

It's one of good utility for SHFL token.

I had the same debate with some regular posters in BitcoinTalk. Why would people use Bitcoin for their coffee transactions if they can merely use fiat? It would be inefficient to do fiat > Bitcoin > coffee transaction. But if their salaries are paid in Bitcoin, then it will make more sense to spend them, although sometimes, they might need to exchange them for fiat.

It can be big problem with Bitcoin transactions when mempools are not good, and transaction fee is expensive, but with most of altcoin blockchains, transaction fees are cheaper, and this issue no longer exists.

People who receive salary in SHFL token, or receive it from airdrop or any bonus program, will have no issue with on chain transaction fee. Ethereum ERC20 chain after the Dencun upgrade gives cheaper transaction fee too.

I don't have the latest information about Ethereum, but the fees there are simply too high, AND it's consistent/constant because the majority of their users utilize that blockchain more for trading tokens/NFTs than simple financial transactions. BUT my point was earning SHFL within the casino and spending/using them IN the casino itself through bets and probably another sort of future use case. Plus if the original game is an actual online game, then purchase gaming items with SHFL that could help increase a player's SHFL earnings perhaps?

[fruktik]

Or they may vary some features to have their unique offering to the players. Because as we have observed, most casino games are similar, they just change their aesthetic features or some perks involved. Like for example, the crash game. Every casino can vary how they will present the crash game, like if they will use the rocket to crash or a car to crash.

With the competition among casinos, they need to find a way how to sustain the interest of their patrons. Otherwise, they will just hop on to the next interesting casino.

And how to achieve this advantage over other competitors? Apply new algorithms, games or something similar? How to become more noticeable against the background of many similar ones? Yes, there must be a unique feature that will become that very unique feature of the casino that others do not have.

Now most casinos give out bonuses to players and invite them to take part in promotions. This is the tool today that not only attracts, but also keeps people for a long period of time.

For example:

[avp2306]

Or they may vary some features to have their unique offering to the players. Because as we have observed, most casino games are similar, they just change their aesthetic features or some perks involved. Like for example, the crash game. Every casino can vary how they will present the crash game, like if they will use the rocket to crash or a car to crash.

With the competition among casinos, they need to find a way how to sustain the interest of their patrons. Otherwise, they will just hop on to the next interesting casino.

And how to achieve this advantage over other competitors? Apply new algorithms, games or something similar? How to become more noticeable against the background of many similar ones? Yes, there must be a unique feature that will become that very unique feature of the casino that others do not have.

Now most casinos give out bonuses to players and invite them to take part in promotions. This is the tool today that not only attracts, but also keeps people for a long period of time.

If you look at Shuffle on X here https://x.com/shufflecom you could see that they have lots of promotions and contest offer to their community.

They also do some good partnership to streamers before which is good move to be done especially that now this is famous way on how to market their casino.

So what they can add up is to go reach for global market and have a good deals with famous celebrities or sports club since this could bring a lot of traffic for their casino. Also the only thing they need to do now is to be consistent on having promotions since by this way they could attract more gamblers to play in their casino.

[Learn Bitcoin]

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

Listing on CEX is favorite by cryptocurrency enthusiasts because they see it as one of commitment of a project team to their own project. Like spending pocket money for listing on CEX, the project team will not easily abandon that project. With project teams, listing on CEX has disadvantages too, for example, if they don't list a token on Tier-1 Centralized Exchanges, cost spent for listing will not bring good effects. Because of low trading volume on lower Tier CEX, trading volume of their token will be low, and price impacts will be very small or no impact at all.

This is very true. I have seen a couple of projects that were listed on some unnamed CEX but later started to fade away. I guess you have seen the signature campaign of ElonCoin, which was started by Bitvest owner Light Lord. They have listed their token on some unpopular exchanges, but later, the trading volume became almost zero.

They have promoted their token on this forum as well, but there is no activity on their social media anymore. So, I assume it is because of the light lord, who disappears often, and the whole team depends on him. If a project team invests in the wrong place, they are unlikely to get a return.

[Synchronice]

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

While CEX comes with big expanses, it also comes with a huge traffic. Take any coin, list it on Binance and the trading volume will immediately go to the moon compared to its previous state.

And how to achieve this advantage over other competitors? Apply new algorithms, games or something similar? How to become more noticeable against the background of many similar ones? Yes, there must be a unique feature that will become that very unique feature of the casino that others do not have.

Now most casinos give out bonuses to players and invite them to take part in promotions. This is the tool today that not only attracts, but also keeps people for a long period of time.

For example:

What kind of new algorithm do you talk about? To achieve advantage over competitors, constant working on product improvement is a must but today, we live in a world where attention means everything, so some things change. Stake hired lots of streamers and they succeeded, DuelBits also hired some famous athletes and I believe they'll become very popular too. Their partnership with Conor McGregor was very funny and entertaining.
Getting famous influencers ASAP and making your product popular through them is a part of modern marketing. The most famous influencer you have and the first you are in hiring them, the better.

[o48o]

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

While CEX comes with big expanses, it also comes with a huge traffic. Take any coin, list it on Binance and the trading volume will immediately go to the moon compared to its previous state.
-cut-

CEX doesn't necessary bring adoption or traffic. Even with huge exchanges with real trading it mainly brings just speculators. And in worst cases you need to pay ton of shuffle tokens to CEXes for listing, which CEXes can use for price manipulation. And huge portion of these "large" cexes have just fake volume without decent liquidity.

But has anyone looked the chart lately?



I don't know what you people are seeing, but i am seeing a potential ath and moon right after that. That could happen before the next airdrop, which will probably suppress the price a lot again. But that's not an imminent problem.

[Fivestar4everMVP]

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

While CEX comes with big expanses, it also comes with a huge traffic. Take any coin, list it on Binance and the trading volume will immediately go to the moon compared to its previous state.
-cut-

CEX doesn't necessary bring adoption or traffic. Even with huge exchanges with real trading it mainly brings just speculators. And in worst cases you need to pay ton of shuffle tokens to CEXes for listing, which CEXes can use for price manipulation. And huge portion of these "large" cexes have just fake volume without decent liquidity.

Well, with all honesty, I think this also translates to exactly what the other user said, more speculators having their eyes on a crypto asset, as well as discussing about its technological potentials and what the price could possibly be in the future, this is what also translates to the pump in volume, and subsequently, the price of the crypto asset when ever it gets listed on a very good tier 1 exchange like Binance, coin base etc.

And regarding price manipulation, is it not better for a crypto asset to be high in price, well known and exposed  to alot of people/investors and it's price possibly manipulated? Than for the crypto asset to have a possible low and stable price, no trading volume and lack exposure to alot of people and specially important investors in the industry? A crypto asset like this is known as shit coin, and those who hold it will hardly see any profit, and it also risk being delisted even from the unknown exchanges where it is listed.

[o48o]

Well, with all honesty, I think this also translates to exactly what the other user said, more speculators having their eyes on a crypto asset, as well as discussing about its technological potentials and what the price could possibly be in the future, this is what also translates to the pump in volume, and subsequently, the price of the crypto asset when ever it gets listed on a very good tier 1 exchange like Binance, coin base etc.

And regarding price manipulation, is it not better for a crypto asset to be high in price, well known and exposed  to alot of people/investors and it's price possibly manipulated? Than for the crypto asset to have a possible low and stable price, no trading volume and lack exposure to alot of people and specially important investors in the industry? A crypto asset like this is known as shit coin, and those who hold it will hardly see any profit, and it also risk being delisted even from the unknown exchanges where it is listed.

Binance would probably only one that would make sense, and i am sure that they have applied into it. But from fundamentals of gambling tokens, $SHFL is more alike to $RLB than $FUN (which is listed in there), and if $RLB haven't got in binance either, so i doubt that SHFL would either for the same reasons.

But since i don't know what those reasons are, it might as well be just a matter of time. I am not going to hold my breath until that happens though.
And in case of SHFL. I would rather see fundamentals rising the value rather than speculation, but speculation pump will come sooner or later, no matter what i want.

[virasog]

Binance would probably only one that would make sense, and i am sure that they have applied into it. But from fundamentals of gambling tokens, $SHFL is more alike to $RLB than $FUN (which is listed in there), and if $RLB haven't got in binance either, so i doubt that SHFL would either for the same reasons.

But since i don't know what those reasons are, it might as well be just a matter of time. I am not going to hold my breath until that happens though.
And in case of SHFL. I would rather see fundamentals rising the value rather than speculation, but speculation pump will come sooner or later, no matter what i want.

Considering the fact that SHFL is currently mostly listed on the DEX (uniswap), it is too early to think that it may list to binance. The team need to list the token to other CEX sites first and focus on binance at sometime later when they have enough interest among the public for their token.

I can see that SHFL is only listed on two centralized site, Backpack Exchange and XT.COM and these aren't the more popular exchanges.
However the 60% of the volume resides on xt.com.
https://www.coingecko.com/en/coins/shuffle

[Wind_FURY]

Or they may vary some features to have their unique offering to the players. Because as we have observed, most casino games are similar, they just change their aesthetic features or some perks involved. Like for example, the crash game. Every casino can vary how they will present the crash game, like if they will use the rocket to crash or a car to crash.

With the competition among casinos, they need to find a way how to sustain the interest of their patrons. Otherwise, they will just hop on to the next interesting casino.

And how to achieve this advantage over other competitors? Apply new algorithms, games or something similar? How to become more noticeable against the background of many similar ones? Yes, there must be a unique feature that will become that very unique feature of the casino that others do not have.

Shuffle is hiring a Senior Product Designer, which definitely shows that the next process of their path to be one of the largest casinos in crypto are marketing/promotion which is obvious, AND improving UI/UX by making it better than the largest crypto casinos.

Plus they're also building an original game.

Now most casinos give out bonuses to players and invite them to take part in promotions. This is the tool today that not only attracts, but also keeps people for a long period of time.

For example:

That actually could be a mathematical problem. Hahaha. How much is your current capital, how much could you lose, how much are the rewards, and will you break even after rewards?

[panjul07]

That actually could be a mathematical problem. Hahaha. How much is your current capital, how much could you lose, how much are the rewards, and will you break even after rewards?

Reward should always be taken as a side bonus from our gambling activity, not a thing which should be chased unless we are billionaire who want to take it as a challenge then take a risk of decent amount of money while it wont bring any issue if we lose the whole amount.
If we should force ourselves to chase the reward (not only as what mentioned by above users), I'm pretty sure it wont be something profitable unless we are making profit while wagering $250M
This kind of promotion is good, no doubt about it because it may attract players to keep gambling as long as possible and as much as they can in a hope to get the rewards but of course small-medium gamblers will never think about it.

[avp2306]

Binance would probably only one that would make sense, and i am sure that they have applied into it. But from fundamentals of gambling tokens, $SHFL is more alike to $RLB than $FUN (which is listed in there), and if $RLB haven't got in binance either, so i doubt that SHFL would either for the same reasons.

But since i don't know what those reasons are, it might as well be just a matter of time. I am not going to hold my breath until that happens though.
And in case of SHFL. I would rather see fundamentals rising the value rather than speculation, but speculation pump will come sooner or later, no matter what i want.

Considering the fact that SHFL is currently mostly listed on the DEX (uniswap), it is too early to think that it may list to binance. The team need to list the token to other CEX sites first and focus on binance at sometime later when they have enough interest among the public for their token.

I can see that SHFL is only listed on two centralized site, Backpack Exchange and XT.COM and these aren't the more popular exchanges.
However the 60% of the volume resides on xt.com.
https://www.coingecko.com/en/coins/shuffle

That will be a tough job for their team to aim binance. Since this exchange seems not listing tokens which doesn't have solid foundation. Binance is business and they make sure to get something from the token they listed on their platform. So before SHFL team think about that maybe much better if they should list it first on other decent exchange since maybe with this they could able to catch more demand and volume from people supporting their platform.

Two mentioned exchange is unknown so provably people will doubt to use that exchange and that can affect the demand of SHFL, so maybe they should consider those exchange listing suggestion.

Also its amazing to see that they have this buy back and burned and this is their result for this week.

This week's SHFL Buyback & Burn 🔥

15% of non-SHFL NGR:
376,577.30

30% of SHFL NGR:
242,427.498

Total SHFL Burnt: 619,004.80 SHFL

This is posted on X https://x.com/shufflecom/status/1842082469945999374

[tranthidung]

Also its amazing to see that they have this buy back and burned and this is their result for this week.

This week's SHFL Buyback & Burn 🔥

15% of non-SHFL NGR:
376,577.30

30% of SHFL NGR:
242,427.498

Total SHFL Burnt: 619,004.80 SHFL

This is posted on X https://x.com/shufflecom/status/1842082469945999374

If possible, I would like to see Shuffle team adding one more information for their message, next time in their update for SHFL Buy back & Burn 🔥 .

A figure of % total supply is burned in this particular round.
A figure of % total supply has been burned so far by this SHFL Buy back & Burn 🔥

These numbers can give visitors some insights and the Shuffle team can get new investors into SHFL token this way.

[virasog]

That will be a tough job for their team to aim binance. Since this exchange seems not listing tokens which doesn't have solid foundation. Binance is business and they make sure to get something from the token they listed on their platform. So before SHFL team think about that maybe much better if they should list it first on other decent exchange since maybe with this they could able to catch more demand and volume from people supporting their platform.

Two mentioned exchange is unknown so provably people will doubt to use that exchange and that can affect the demand of SHFL, so maybe they should consider those exchange listing suggestion.

Also its amazing to see that they have this buy back and burned and this is their result for this week.

I think the Shuffle team need to establish credibility first and then the small centralized exchanges may approach them directly to get the coins listed on their exchanges. Listing on smaller and reputable exchanges can help build a track record and more bigger userbase. This can enhance SHFL's visibility and credibility and this will help attract interest before them aiming for larger exchanges like Binance.

Here is what they need to focus on initially.

>Building Community Trust

>Generating Demand and Volume

>Buyback and Burn Mechanism (they already did that)

>Exchanges Listing with predetermined special offers

[o48o]

Considering the fact that SHFL is currently mostly listed on the DEX (uniswap), it is too early to think that it may list to binance. The team need to list the token to other CEX sites first and focus on binance at sometime later when they have enough interest among the public for their token.

I can see that SHFL is only listed on two centralized site, Backpack Exchange and XT.COM and these aren't the more popular exchanges.
However the 60% of the volume resides on xt.com.
https://www.coingecko.com/en/coins/shuffle

That's because volume there is fake and buy/sell liquidity is low. If you don't believe it, just visit there.

And look at trading action between the orderbooks. Buy- and sell walls are thin and all the buys happen in the middle of it, without touching those walls.

Fake volume in there with every altcoin has been quite transparent every time i have checked it during my years in crypto. I don't get why people don't seem to see it.

This is what happens when someone actually tries to sell some. Volume was actually lower then constant volume in there and still causes a spike to the chart.


You can pretty much guess it, just by looking at this liquidity depth versus volume section:



I sure hope that they didn't pay anything for listing there. I don't get how fake volume is even legal as it's clearly market manipulation if people make decisions based on it.

[fruktik]

Shuffle is hiring a Senior Product Designer, which definitely shows that the next process of their path to be one of the largest casinos in crypto are marketing/promotion which is obvious, AND improving UI/UX by making it better than the largest crypto casinos.

And there is nothing surprising here if the casino plans to become the largest. It is a natural phenomenon to hire a designer who will take the product to a new level. With such an approach to business, we can already say that the project has a promising future and good potential profit looms on the horizon.

[Synchronice]

CEX doesn't necessary bring adoption or traffic. Even with huge exchanges with real trading it mainly brings just speculators. And in worst cases you need to pay ton of shuffle tokens to CEXes for listing, which CEXes can use for price manipulation. And huge portion of these "large" cexes have just fake volume without decent liquidity.

Get listed on CEX means that millions of people will be able to see your coin, buy and sell it. Compare the userbase of DEXs to CEXs, there will be a significant difference because an average person prefers to register on CEX, get KYC verified and trade easily with his smartphone while trading on DEX is a little more complicated and when you own a crypto wallet, you need to take some responsibility on your shoulders.
Compare CEX and DEX to eBay/Amazon and other crypto marketplaces. List your item on eBay, you'll sell it easily but list your item on any crypto marketplace, you'll struggle. CEXs are like eBay/Amazon, they are popular and have traffic, that is a significant moment. Listing your coin on CEX is a good marketing strategy for any coin, let alone the possibility of easy trading for millions of people.

By the way, I can't talk about price manipulation and how often that happens with tokens like Shuffle has. The company has to outweigh pros and cons of each of their step but I still think that everyone wants to get listed on major CEXs.

[Wind_FURY]

That actually could be a mathematical problem. Hahaha. How much is your current capital, how much could you lose, how much are the rewards, and will you break even after rewards?

Reward should always be taken as a side bonus from our gambling activity, not a thing which should be chased unless we are billionaire who want to take it as a challenge then take a risk of decent amount of money while it wont bring any issue if we lose the whole amount.

If we should force ourselves to chase the reward (not only as what mentioned by above users), I'm pretty sure it wont be something profitable unless we are making profit while wagering $250M

This kind of promotion is good, no doubt about it because it may attract players to keep gambling as long as possible and as much as they can in a hope to get the rewards but of course small-medium gamblers will never think about it.

Although that's true, BUT for those people who would seriously chase that expensive reward and be the FIRST Red Diamond VIP holder, then they probably should have the capital and make a plan. THAT makes it a mathematical problem. I didn't say anything that rewards shouldn't be a side-bonus.

Furthermore, Noah posted the total volume wagered for September. It's higher 👀

September update - steady on



https://x.com/noahdummett/status/1841693517258559701

[o48o]

CEX doesn't necessary bring adoption or traffic. Even with huge exchanges with real trading it mainly brings just speculators. And in worst cases you need to pay ton of shuffle tokens to CEXes for listing, which CEXes can use for price manipulation. And huge portion of these "large" cexes have just fake volume without decent liquidity.

Get listed on CEX means that millions of people will be able to see your coin, buy and sell it. Compare the userbase of DEXs to CEXs, there will be a significant difference because an average person prefers to register on CEX, get KYC verified and trade easily with his smartphone while trading on DEX is a little more complicated and when you own a crypto wallet, you need to take some responsibility on your shoulders.
Compare CEX and DEX to eBay/Amazon and other crypto marketplaces. List your item on eBay, you'll sell it easily but list your item on any crypto marketplace, you'll struggle. CEXs are like eBay/Amazon, they are popular and have traffic, that is a significant moment. Listing your coin on CEX is a good marketing strategy for any coin, let alone the possibility of easy trading for millions of people.

By the way, I can't talk about price manipulation and how often that happens with tokens like Shuffle has. The company has to outweigh pros and cons of each of their step but I still think that everyone wants to get listed on major CEXs.

What happened here was probably that Shuffle had promised a CEX listing, and since they didn't want to break their promise, they chose the one that lists anything for money.
I would imagine that they know what they are doing, unless this was some newbie from marketing doing the listing.

Cexes have their upsides, and binance was an extreme suggestion. Any legitimate CEX would do, XT just isn't one of them. All i am asking is that we shouldn't fall for them being what they are advertising to be.

For example, let's take a look that XT again shall we, as i pointed out it has major faked volume without decent liquidity, so maybe we get millions more eyes watching for SHFL when we are listed in there like you said.

Here are quick stats from ahrefs.com:

CEX:



DEX:



For some reason people are underestimating the traffic on DEXes. CEXes used to make more sense when every coin had their own blockchain.

When those tokens can be traded in DEXes, there's no real reason for CEXes (except maybe in some cases cheaper fees). Especially when those CEXes are something like XT is.