Cashio announced it is creating a semi-decentralized crypto casino that provides its community the opportunity to profit via the Cashio token.
Cashio is a new token in the Binance Smart Chain (BSC) ecosystem that claims to have a never-before-seen use-case. On top of that, Cashio reportedly states that it is a deflationary Buy-back token, providing rewards for loyal users.
In a press release, the Cashio team announced they are developing special decentralized games to alter the Casino and attract all crypto gamers. In addition to this, the team also said the platform would be the first to set interactions between the gambling and NFT domains, paving the way for future innovation.
To clarify, Cashio Token noted it integrates the gaming and crypto industries, allowing investors to own a piece of the casino revenues when the token price rises due to increased demand. More so, the Casino will distribute the retained profits to token holders and accumulate a massive amount into Cashio’s Jackpot contract.
According to the team, the Jackpot contract will serve as a Lotto game that collects BNB from Casino revenues and every buy or sell fee. After that, the jackpot winner will be selected based on users’ tickets, raising the price to new highs and rewarding Cashio token holders in the meantime.
Not to mention, Cashio said it will implement a three-tier system in which investors will be rewarded based on their holdings. Casino profits and Cashio token transactions will support the liquidity pool.
Recently, Cashio has launched a demo website for games, where users can track their games, earnings dashboard, and rewards.
