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Up-and-coming Telegram crypto casino TG.Casino, has just announced that its $TGC token is now playable and fully integrated into TG.Casino – you can start wagering today.
Furthermore, users betting with the token will receive a generous 25% cashback on all net losses, with refunds to be paid weekly.
The TG.Casino presale has already been making waves in the GambleFi space since its launch late last month and is now attracting a renewed wave of interest and fresh demand for its native $TGC token.
TG.Casino has raised over $797,000 in barely two weeks since it started taking contributions from eager investors seeking action in the rapidly expanding and lucrative crypto-powered online gambling sector.
TGC is now playable & fully integrated into https://t.co/1CivTnIx4Z.
𝟮𝟱% 𝗰𝗮𝘀𝗵𝗯𝗮𝗰𝗸 on losses when wagering with $TGC.
Join our Telegram for more info, details in bio. pic.twitter.com/qRESdVJyBP
— TG Casino (@TGCasino_) October 11, 2023
Given investors can now use their $TGC tokens in the TG.Casino and get a considerable cashback refund on losses, the pace at which the protocol has been raising funds is expected to jump.
Investors should move quickly to secure their tokens before the $5 million raise target is hit and benefit from the massive yields currently offered to presale investors.
Initial $TGC Investors Reap a Whopping 632% APY from Staking
As per the official TG.Casino website, $TGC presale investors are benefiting from yields of as much as 632%.
But how is TG.Casino able to offer such an impressive yield to its early buyers?
Well, TG.Casino offers a portion of the platform’s profits to $TGC token holders, with token stakers having the most to gain.
TG.Casino runs a buyback program, burning 40% of these tokens and sharing the other 60% 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 in early August when the protocol announced a token buyback scheme.
At its price peak shortly after the buyback announcement, Rollbit’s $RLB achieved a market cap in the region of $700 million.
TG.Casino’s Pioneering Telegram Features Set to Elevate It Above Rivals
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 around 5,000 at the start of the year.
But the first generation of crypto casinos faces 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 use traditional gambling platforms.
Here is where TG.Casino’s big innovation 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.
If Rollbit can hit a market cap of $700 million, just think how high TG.Casino’s $TGC token could go.
Is It the Ideal Moment to Invest in $TGC? Are 100x Returns on the Horizon?
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 the price has plenty of upside.
A popular YouTube crypto market news and analysis channel, Cilinix, with over 33,000 subscribers, is tipping TGC coin to deliver profitable returns for presale buyers.
Top crypto and tech news sites such as Decrypt, Finbold, CoinJournal, CoinGape, Techopedia, and HackerNoon have all covered the $TGC token presale as the marketing push gathers steam.
As outlined on the TG.Casino website, 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).
“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 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 would be no surprise to see the sector grow to a market of multiple billions in the coming years. Also, thanks to its Telegram integration, TG.Casino is well positioned to be at the forefront of this expansion.
If $TGC can 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.
40% of the token supply is available to the general public via the presale.
20% is reserved for DEX liquidity, 20% is dedicated to staking rewards, 10% to player rewards, 5% for marketing, and only 5% for the project’s affiliates.
Finally, token buyers can rest assured that the project’s smart contract is audited by leading blockchain security firm Coinsult. TG.Casino is also one of the few licensed casinos operating on Telegram.
The token can be bought with ETH, BNB, and USDT (ERC-20 and BEP-20) and runs on the Ethereum blockchain.
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