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One of the web3 industry’s most promising start-ups, a Telegram-based crypto casino protocol called TG.Casino, is enjoying huge investor interest, with its presale recently pumping past the $1.3 million in funds raised mark.
TG Casino has raised over $1.3 million in presale so far 🔥
— TG Casino (@TGCasino_) October 20, 2023
Thank you to each and every one of you! pic.twitter.com/L8XmFGubRD
And buyers have been rushing to secure their tokens in recent days, with the price of $TGC set to rise 10% from $0.125 to $0.1375 in under 8 hours.
🎰 TGC Presale Price Update!
— TG Casino (@TGCasino_) October 20, 2023
In exactly 24 hours, the price of $TGC is set increase from $0.125 to $0.1375.
Make sure you grab $TGC at the current low price before the clock runs out ⏰ pic.twitter.com/GH0PMj8MGc
But with hype regarding to the promise of the GambleFi sector at a fever pitch and the TG.Casino already gaining solid traction since going live, this is a presale that could sell out very quickly.
TG.Casino Already Live – Can It Onboard The Next Million Web3 Users?
A distinctive feature of the TG.Casino presale over most other presales is that it has already launched its flagship product, demonstrating to the world the protocol’s use-case and potential.
While investors in most other crypto presales normally have to wait months for product development to occur and trust that the team will deliver on their promises, TG.Casino is already live and generating massive buzz in the web3 space as a result.
“Saw some big names talking about @TGCasino_ and I had to try it,” popular crypto influencer cheatcoiner.eth told his follower on Tuesday.
Saw some big names talking about @TGCasino_ and I had to try it
— cheatcoiner.eth (@cheatcoiner) October 17, 2023
Sorry babe, gonna be busy playing some slots tonight pic.twitter.com/oepmF2cfJZ
Ari speculated that TG.Casino has the potential to onboard the next 1 million users to the web3 space as a result.
TG Casino to onboard the next 1 million users to web3?
— TG Casino (@TGCasino_) October 17, 2023
Great video from @cryptonews covering all about $TGC 🎰 pic.twitter.com/NoBrZJplIY
Users betting with the token will receive a generous 25% cashback on all net losses, with refunds to be paid weekly.
Despite launching its presale about one month ago, nearly half of all funds raised have come in the last week as hype surrounding the project builds.
With presale investors able to use their $TGC tokens in the TG.Casino, get a huge cashback refund on losses, all while benefitting from massive staking yields, the pace at which the protocol has been raising funds could well accelerate from here.
Early $TGC Investors Reap Massive Rewards With 385% Staking APY
As per the official TG.Casino website, $TGC presale investors are currently benefiting from yields of as much as 385%.
$TGC presale investors are able to gain such high yields because TG.Casino offers a portion of all of the platform’s profits to its native token holders, with stakers having the most to gain.
TG.Casino runs a buyback program, burning 40% of these tokens and sharing the other 60% out to $TGC token stakers.
Crypto casino buyback programs like TG.Casino’s have already proven to be a winning formula.
Crypto gambling website Rollbit’s native token $RLB saw a 60% intra-day pump back in early August when the protocol announced a token buyback scheme.
At its price peak, which came shortly after the buyback announcement, Rollbit’s $RLB achieved a market cap in the region of $700 million.
Crypto Casinos Set To Dominate Gambling Industry Future Years
Thanks to the superior security, transparency, and anonymity that blockchain-based Web3 applications offer versus their centralized Web2 counterparts, crypto casinos have seen explosive user growth in 2023.
As per Dune, Cumulative Unique Users of Ethereum-based GambleFi platforms had exploded to just under 50,000 by mid-September from only around 5,000 at the start of the year.
“Crypto Casinos are rapidly gaining market share from Web2 online casinos due to their ease of access, no KYC, and the ability to keep transactions off bank statements,” TG.Casino notes on its website, adding that “currently 80% of online casino games are played on mobile devices with the vast majority of Crypto casinos specifically designed for mobile devices.”
It’s still very early days for Web3 casinos, a market currently valued at just $250 million, versus the $263 billion market value of the global casino and online gambling market (according to data compiled by Statista).
But given the current market trend, it would be no surprise to see the sector grow to a market of multiple billions in the coming years.
TG.Casino’s Unique Selling Point Is Ground-Breaking Telegram Integration
Whilst the outlook for the GambleFi sector is very strong, the first generation of crypto casinos face a major problem – many non-crypto native users who don’t understand the ins and outs of Web3, such as dealing with crypto wallets and exchanges, would most likely still prefer to go the route of using traditional gambling platforms.
Here is where TG.Casino’s big unique selling point comes in.
Built on the world’s fastest-growing private messaging app Telegram, TG.Casino is designed with ease of use and beginner-friendliness in mind.
Just as Unibot simplified sophisticated crypto trading strategies and put them in the hands of Telegram’s 700 million monthly users, TG.Casino is simplifying and widening access to crypto gambling. You can check out our TG.Casino review to know more.
If Rollbit can hit a market cap of $700 million, just think how high TG.Casino’s $TGC token could go.
Will $TGC 100x?
Priced at just $0.125 per token, now is the perfect time to invest in $TGC to get ahead of the crowd. That presale price values $TGC at a market capitalization of just $12.5 million, so there is plenty of upside for the price.
If $TGC is able to match Rollbit’s all-time high of more than $700 million, that could mean gains of more than 50x or possibly 100x for presale investors. Read our TG.Casino Price Prediction to get more insight into the future potential of the token.
With whales and smart money piling into the presale ahead of the start of the next major crypto bull run, now is the perfect time to get your $TGC tokens.
🌊 Big news for #TGCasino! 🎰🐋
— MartinCrypto (@martins83597369) October 18, 2023
Hold on tight, because the whales are coming! 🐳🚀 Get ready for some major excitement as influential investors are diving into #TGCasino. Don't miss your chance to ride the wave with the big players and experience the thrill! #crypto pic.twitter.com/aHbwiTgu2P
20% is reserved for DEX liquidity, 20% is dedicated to staking rewards, 10% to player rewards, 5% for marketing, and 5% for the project’s affiliates.
Finally, token buyers can rest assured in the knowledge that the project’s smart contract is audited by leading blockchain security firm Coinsult. TG.Casino is also one of the few Telegram crypto casinos that is licensed.
The token can be bought with ETH or BNB and USDT (ERC-20 and BEP-20) and runs on the Ethereum blockchain.
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