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Parabolic Announces the Multichain Relaunch of its Token with a GameFi Twist

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Parabolic Announces the Multichain Relaunch of its Token with a GameFi Twist

 

After a successful parabolic run when it first launched in October last year, Parabolic is now re-launching as a multi-chain platform. The new platform will initiate a launch on ETH, BSC, Fantom, Matic, and AVAX on the 21st April 2022! Along with an upcoming tier 2 exchange listing that is planned after launch, Parabolic plans to be a powerhouse in crypto-style casino games that will one day be available in its very own MetaVerse!

The debut game from Parabolic is a unique launch simulation crash game with mid-game cashouts and a chart that climbs and collapses. The game is finally going to be made public after 6 long months of development.

The platform has also just released a Gleam Giveaway Competition with a grand prize worth $1000. One lucky winner will receive $1000 worth of Parabolic Token after Game Launch, while 100 more lucky winners will receive $10 worth of Parabolic after Game Launch. In order to participate and stand a chance to win the grand prize users must complete actions on the gleam competition to get entries. The more entries you have, the higher your chance of winning!

The Parabolic team has also commissioned one of the most respected contract developers in space to build their new bridge. Utku Alpagut from dapprex.com is a renowned developer with an impeccable record to back it up. His involvement with the Parabolic ecosystem only signifies the potential that this GameFi project holds.

This new crash game will offer much more excitement than any other similar game on the market. The game is very engaging and immersive. At the beginning of each round, players will place their bets by depositing the amount of parabolic token they wish to gamble. As the round progresses the trading chart will become more and more parabolic increasing the bet multiplier. The aim of the game is to cash out before the chart rug pulls (crashes). The gameplay is based on crypto trading charts and is designed to look that way also. To place your bet, you ‘Buy’ tokens, and to cash out you ‘Sell’ Tokens. A portion of the house edge is then burned and removed from circulation, enhancing the token’s value for all holders.

There are several elements that distinguish this crash game from the rest. One of them is a one-of-a-kind feature that allows users to cash out a percentage of their wager while playing live. 50% of the house edge profit from the parabolic game will be burned to boost the coin’s value for its owners. The remaining 50% of profits will be put aside for game liquidity. With a large amount of game liquidity, winners will always be able to be paid out on schedule. The transaction taxes of the Parabolic Token include:

Transaction Taxes:

3% – Unique Buy Back

3% – Deflationary Burn

3% – Auto Liquidity

3% – Game Development

What makes the Parabolic ecosystem so Lucrative

When Parabolic burns tokens, it entirely eliminates them from the supply, unlike most coins that simply transfer burnt tokens to a dead address. As a result, the liquidity to market cap ratio is constantly decreasing, raising the value of users holdings in respect to the market cap. The project expects it’s tokenomics to wipe out a high percentage of the supply within the first 24 hours of its debut.

Holders of Parabolic Token will also not be hit by exorbitant taxes. Instead, every penny collected from transaction taxes will be invested back into the project. The Parabolic team have given their commitment to providing the best crypto experience to all their valued investors.

Blockchain

Veteran Horse Racing Gaming Exec Joins Game of Silks as President and Chief Operating Officer to Gear for Hyper Growth

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Game of Silks, the first metaverse that mirrors the real world of thoroughbred horse racing, has added Ron Luniewski, a sports, gaming, and entertainment veteran with a proven track record of success and growth, to its executive suite.

Luniewski joins Silks from the gaming world where he established a reputation as a builder, leveraging emerging technology to initiate hyper growth for companies and lead them successfully through massive expansion. Prior to joining the Silks team, Luniewski transformed Xpressbet from a small regional phone operation with 15 employees to a multi-platform juggernaut generating more than $300M in annual revenue and growing the team up to 150 employees by the end of his tenure. Before that, Luniewski was a pioneer in expanding access to horse racing early on, leading the first ever legal online horse gambling website, YouBet.com, as Chief Executive Officer from 1996 to 2002, kickstarting what is now a $7 Billion enterprise.

“Throughout my career, I have looked for ways to employ innovative technology to grow the sport of horse racing, so I was immediately inspired when I came across Game of Silks. Silks is a revolutionary platform that can fundamentally change horse racing by giving a whole new class of fan the ability to participate in this sport. Major players in racing, like the New York Racing Association (NYRA), have already hitched their wagon to Game of Silks, having seen its potential. We’re excited to establish additional partnerships with the racing community as we advance,” said Luniewski.

Despite the current bear market, the Silks executive team continues to expand to meet demand. Game of Silks, the fasting growing metaverse sports game in the space, added Srini Vasan, former DraftKings Vice President of Engineering, in April as the platform’s Chief Technology Officer. Additionally, Silks has secured landmark partnerships and agreements with horseracing titans NYRA, Fox Sports and The Jockey Club while also distributing record-breaking payouts to owners of Silks Horses.

“With the first Game of Silks racing season in full swing, our business is looking to scale rapidly to new users and showcase what’s possible when you marry the timeless tradition of horse racing with blockchain technology. Ron’s experience growing successful companies from start-up status to IPO, adapting and implementing new technology, and his deep industry connections to the global horse racing community are invaluable in any market,” Dan Nissanoff, CEO and co-founder of Silks, said.

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How Blockchain Technology Enables Using Online Services Much Safer and Faster

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How Blockchain Technology Enables Using Online Services Much Safer and Faster

 

Introduction

Blockchain technology has become increasingly popular in recent years due to its ability to provide secure and fast transactions. The technology works by creating a decentralized and tamper-proof ledger, which makes it difficult for hackers to steal data or manipulate transactions. This has led to a wide range of use cases for blockchain technology, including online services such as banking, gambling, and e-commerce.

Blockchain Technology and Online Services

Blockchain technology has several benefits for online services. One of the most significant advantages is the security and privacy that it provides. Blockchain technology allows for secure transactions, which means that users can be assured that their personal and financial information is protected.

Monero and Technological Advancements

Monero is a cryptocurrency that uses blockchain technology to provide users with privacy and security. Monero has several technological advancements that make it stand out from other cryptocurrencies. For example, Monero uses ring signatures to keep transactions private, making it nearly impossible for anyone to trace a transaction back to its source.

Using Monero in Online Casinos

Monero is becoming increasingly popular in the online gambling industry because of its privacy and security features. Monero casinos allow players to deposit and withdraw funds anonymously, which can be especially attractive to players who want to keep their gambling activities private. Monero casinos also provide players with fast transaction speeds, which means that players can start playing their favorite games faster.

Using Monero Safely

While Monero casinos can be a safe and fun way to gamble online, it is essential to use reputable Monero casino sites. Players should research Monero casinos before depositing funds to ensure that they are reputable and safe. Players should also use strong passwords and two-factor authentication to protect their accounts from hackers.

Conclusion

Blockchain technology has transformed the online services industry, providing users with secure and fast transactions. Monero is a cryptocurrency that uses blockchain technology to provide users with privacy and security, making it an attractive option for online gamblers. While Monero casinos can be a safe and fun way to gamble online, it is essential to use reputable Monero casino sites and take steps to protect personal and financial information. As blockchain technology continues to advance, it is likely that we will see more use cases for this technology in online services, providing users with even more security and privacy.

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Blockchain Bets Launches a Decentralized Online Gaming Platform

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Blockchain Bets, a new token in the world of cryptocurrency, is capturing attention for its unique approach to online gaming. The token offers users a chance to own a part of an online casino and to participate in various sports and games using popular blue-chip cryptocurrencies.

With new developments, Blockchain Bets operates on a decentralized platform, providing a secure and transparent experience for its users. Transactions are recorded on a public ledger, and the smart contract code ensures fairness for all parties involved. The token is highly divisible, enabling users to invest any amount they desire.

Blockchain Bets is set to become a significant player in the cryptocurrency market. The token has the potential to establish itself as a world reference for decentralized online gaming.

Blockchain Bets facilitates with a wide range of sports and games for users to participate in, including soccer, basketball, football, and more. The platform aims to become one of the largest online gaming platforms of its kind and to revolutionize the traditional online gaming industry.

Furthermore, Blockchain Bets has a total supply of 1 billion tokens, with 83% of this amount being made available for circulation at the time of its relaunch. A portion of 3% was allocated to a betting exchange wallet, while 12% was intended to be burned. As of now, 2% of the burn allocation has already been burned and an additional 12% is expected to be burned as the price reaches certain milestones.

Blockchain Bets was created with an initial investment of over $250,000 worth of Ethereum, and its goal is to provide users worldwide with a fair and transparent gaming experience. The $BCB token is used within the platform and enables token holders to have a stake in ownership and receive a share of the profits generated from the platform. Therefore, Blockchain Bets embodies the essence of decentralization and provides users a safe and secure gaming platform.

“The company is absolutely thrilled to launch Blockchain Bets and to offer a new way for users to invest in the online gaming market. By providing a secure, transparent platform for participating in a variety of sports and games, and by enabling users to become part-owners of the platform, Blockchain Bets is poised to disrupt the traditional online gaming industry,” officials said in a statement.

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