🟢 Wasabi.casino 🟢 You are the house.

[Cointxz]

From the tagline of their announcement We are back means they gonna do continue their casino. But curious to know if their platform has been stopped operating since then? Or just got back here in forum to make their name prominent and get users.

including a complete tokenomics.

Tokenomics? Means you intended to have a utility token later on. Pretty much obvious I assume as theres a 20% allocation of players airdrop.  Is that correct OP?

Yes, they started this project last December and I’m one of the early user that was attracted to the idea and try the casino on its earlier version after they gave me “free WT tokens” to test the casino which on that time WT tokens can’t be traded unless you generate BT tokens which is impossible to generate since generation rate of BT tokens so low.

I manage to grow my free WT tokens by playing on casino games but after that this casino never actually made progress on WT tokens utility and at some point my stake WT tokens was gone after unstaking. Now they just convert it to BT tokens.

[asvsfs]

From the tagline of their announcement We are back means they gonna do continue their casino. But curious to know if their platform has been stopped operating since then? Or just got back here in forum to make their name prominent and get users.

including a complete tokenomics.

Tokenomics? Means you intended to have a utility token later on. Pretty much obvious I assume as theres a 20% allocation of players airdrop.  Is that correct OP?

Yes, they started this project last December and I’m one of the early user that was attracted to the idea and try the casino on its earlier version after they gave me “free WT tokens” to test the casino which on that time WT tokens can’t be traded unless you generate BT tokens which is impossible to generate since generation rate of BT tokens so low.

I manage to grow my free WT tokens by playing on casino games but after that this casino never actually made progress on WT tokens utility and at some point my stake WT tokens was gone after unstaking. Now they just convert it to BT tokens.

I don’t want to stir a drama here over “free tokens” but I will definitely not gonna forget about it. Lol

I think this is on us! but we have released the tokenomics much earlier than expected, And since only free WT tokens were in circulations we thought its more than fair to convert them to BT, any other plans would mean a huge disruption in migration.
And I'm again sorry it gave you a negative feeling, but I'm sure there is no loss here .

Also now no need to hold BT for WT exchange, WT is withdrawable and BT converts to WT normally, if at anytime wanted to give it another shot please take a look at platform and token guide.

[cryptoaddictchie]

Correct.

Tokenomics = utility token path (WT), fixed supply, named allocations. The 20% is the player airdrop share (earned by playing). Live breakdown: wasabi.casino/wt/allocations.

I see nice break down of tokenomics. But seriously Im really wonder why casino needed the tokens when anyone can use distinguish tokens or coins like bitcoin, eth, sol, usdt, and usdc.

Yes, they started this project last December and I’m one of the early user that was attracted to the idea and try the casino on its earlier version after they gave me “free WT tokens” to test the casino which on that time WT tokens can’t be traded unless you generate BT tokens which is impossible to generate since generation rate of BT tokens so low.

Was the WT tokens you tested are the one used on playing casino games? Was this a testnet activity or real money casino gaming? Confuses with the way BT tokens work in the process.

OP whats the perks of the WT tokens on playing the casino? Ive seen a staking feature too that will be present? For a casino that have utility tokens isnt that an added permit or requirements on legal aspect since Ive read you plan to have Public Sale?

[Cointxz]

Yes, they started this project last December and I’m one of the early user that was attracted to the idea and try the casino on its earlier version after they gave me “free WT tokens” to test the casino which on that time WT tokens can’t be traded unless you generate BT tokens which is impossible to generate since generation rate of BT tokens so low.

Was the WT tokens you tested are the one used on playing casino games? Was this a testnet activity or real money casino gaming? Confuses with the way BT tokens work in the process.

It’s the real WT token which they gave me for free to try the casino. WT tokens is already being traded back then with their built-in swap feature on the casino. Selling WT token is the only challenge before because you will need to earn equivalent BT token to sell WT token while BT token can only generate if you lose your WT token. 

Both WT and BT tokens utility are still on development that’s why there’s changes done along the way.

Maybe the current version is the final one since they already created a new ANN thread to introduced their tokens formally.

[Tetu100]

KYC: in the forum we pay attention to this very well. Either you are operating No KYC casino and you have to make everything clear foe the forum users to understand or you are operating KYC which is must be stated in the announcement thread and the website to avoid dispute between the gambler and the casino. Because I didn't see any of them in the ToS. And not when a gambler wins and you ask for KYC and that will lead to a big problem which your reputation will be at risk too. Therefore I will want you to make things clear for the forum users.

This is another area they need to pay close attention to by making it very obvious to their users to avoid long stories when money is as stake. Paherps, If they are none KYC casino it should be specify boldly, if it strict KYC or compulsory KYC then there's no need mixing words, let it be indicated so that people will know this information before they can start making deposit to avoid any problem in future . Just like you said earlier, their reputation is mostly tied on this factor and if they are wise enough they shouldn't try to play any fast one on users, because by doing so, it might end up jeopardizing or putting their reputation on the line and this wouldn't go down well with them.

[asvsfs]

Correct.

Tokenomics = utility token path (WT), fixed supply, named allocations. The 20% is the player airdrop share (earned by playing). Live breakdown: wasabi.casino/wt/allocations.

I see nice break down of tokenomics. But seriously Im really wonder why casino needed the tokens when anyone can use distinguish tokens or coins like bitcoin, eth, sol, usdt, and usdc.

Yes, they started this project last December and I’m one of the early user that was attracted to the idea and try the casino on its earlier version after they gave me “free WT tokens” to test the casino which on that time WT tokens can’t be traded unless you generate BT tokens which is impossible to generate since generation rate of BT tokens so low.

Was the WT tokens you tested are the one used on playing casino games? Was this a testnet activity or real money casino gaming? Confuses with the way BT tokens work in the process.

OP whats the perks of the WT tokens on playing the casino? Ive seen a staking feature too that will be present? For a casino that have utility tokens isnt that an added permit or requirements on legal aspect since Ive read you plan to have Public Sale?

Token has multiple benefits

• Instead of cashback which is not really clear how it happens in most casinos, we have a transparent straight forward formula that BT is generated from wagering and then that WT can be redeemed to USD or sold on market. And we are spending 80% of Casino revenue on making sure WT price stays increasing to create incentives for buyers, now your wagering value goes up in time.
  
• Public and private sale is a way to raise money for the house, Incentive for us.
• Staking adds value to platform and users gain benefits like x2 BT generation and access to investing in the bankroll.

This level of transparency, creates trust and value and a fair thrill for everyone to roll.

KYC: in the forum we pay attention to this very well. Either you are operating No KYC casino and you have to make everything clear foe the forum users to understand or you are operating KYC which is must be stated in the announcement thread and the website to avoid dispute between the gambler and the casino. Because I didn't see any of them in the ToS. And not when a gambler wins and you ask for KYC and that will lead to a big problem which your reputation will be at risk too. Therefore I will want you to make things clear for the forum users.

This is another area they need to pay close attention to by making it very obvious to their users to avoid long stories when money is as stake. Paherps, If they are none KYC casino it should be specify boldly, if it strict KYC or compulsory KYC then there's no need mixing words, let it be indicated so that people will know this information before they can start making deposit to avoid any problem in future . Just like you said earlier, their reputation is mostly tied on this factor and if they are wise enough they shouldn't try to play any fast one on users, because by doing so, it might end up jeopardizing or putting their reputation on the line and this wouldn't go down well with them.

We are no KYC, If at any time this changes it won't affect anyone's activity till that point. In case of fraud it is clear in terms, and Its not related to KYC.