Monday, 23rd October, 2023 – Telegram Bots are all the rage and the latest altcoin price getting ready to blast off is TG.Casino as its easy-to-use casino bot gains traction, raising $1.43 million from early-bird investors.
Crypto gambling (GambleFi) is exploding in popularity and so too are Bots running on the fast-growing Telegram messaging service.
TG.Casino ($TGC) is set to grab the leadership of the GambleFi sector thanks to its unique crypto casino business model that includes buyback and staking mechanisms to share revenue and profits with its token holders.
Although $TGC is still in presale its casino is already up and running. $TGC is the native token of the platform and the presale will fund development and marketing.
Buyers have been rushing to secure their tokens in recent days, with the price of $TGC set to rise intermittently by increments of $0.0125 until the hard cap raise target of $5 million is reached. The token began its presale priced at $0.125 and has advanced one rung on its price ladder so far, to $0.1375.
The next presale milestone goal is $2.5 million and 57% of that target has been achieved. Because of the intermittent nature of the price ladder, it encourages prospective buyers to expedite their decision-making, explaining why the run rate has accelerated of late.
Prospective buyers need to move quickly to lock in the lowest prices.
Not only does the project have its casino live, but it also provides a way for presale buyers to earn a yield. So while waiting for the token to launch, holders can earn a staking yield that is currently earning 362% annual percentage yield.
TG.Casino the Next Rollbit? Actually, it Could Easily Double That Valuation
The significance of TG.Casino having already launched its flagship product can not be overstated. Having a working revenue-generating product shows to prospective token buyers that the team is able to execute and deliver.
With TG.Casino there is no need to wait months for product development to bear fruit. Even better, you don’t have to invest on trust, hoping that the team comes up with the goods
$TGC token is now fully integrated into the gambling platform, which means staking rewards can be easily recycled into placing bets in the casino, or reinvested by buying more tokens.
It is no exaggeration to say that TG.Casino could be the next Rollbit ($RLB), a gambling coin that today has a market cap of $517 million. Actually, it could be much more than that.
You also get the feeling that the folks behind TG.Casino have done their homework. So there is a 25% cashback bonus on net losses when betting with $TGC. That’s a nice touch and is a great way to incentivize usage of the token for wagering. The refund on net losses is paid out weekly.
Crypto influencer cheatcoiner.eth told his nearly 30,000 followers that he’s invested and played: “Saw some big names talking about @TGCasino – and I had to try it,”
Early $TGC Token Buyers Enjoying 362% Staking APY
As per the official TG.Casino website, $TGC presale investors are currently benefiting from yields of as much as 362%.
$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 To Power the Expansion of The Global Gambling Industry
Thanks to the superior security, transparency, and anonymity that blockchain-based Web3 applications offer versus their centralized Web 2.0 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 Big Unique Selling Point – 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.
If Rollbit can hit a market cap of $700 million, just think how high TG.Casino’s $TGC token could go.
$TGC price could explode 100x or more at launch?
Priced at just $0.1375 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 $13.75 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.
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.
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 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.
Buy $TGC Here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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