How would you like to gamble at a casino in which you get some of the house’s profits? Sounds crazy, right? The famous saying is “the house always wins” (except when Doland Trump owns the house, of course). The thing is, you can really become the house now, at least in terms of partaking from the profits. Keep reading if you want to find out how.
Ever since Tron became independent from Ethereum, last May, lots of new decentralized apps have been developed and deployed over Tron’s new Main Net. Many of those apps are for gambling and gaming. Among them, there is TronBet (https://tronbet.io/). This website features a series of games in which you can place a bet and play.
It’s nothing like a traditional gambling website. First of all, the odds you get from the house are 100% mathematically fair, unlike traditional gambling sites in which the house has an edge. Second of all, this is a crypto betting site, specifically, it’s a website in which bets and returns are placed using Tron’s TRX cryptocurrency. And third of all, you can share in the site’s winnings.
The website has a native token, based on Tron’s TRX token. It’s called Ante, and you get it as a reward for playing. That’s not all. Once you’ve played a bit, and received some Ante tokens you can do several things with them. For instance, if you have a Tronlink wallet (which is just a chrome extension for your browser) you can transfer your Ante tokens to your wallet. Or you could freeze them. If you do that, the online casino called TronBet will share its earnings with you, depending on the number of Ante tokens you own.
There’s even more. When the Ante token first appeared you couldn’t sell it or buy it. But now that the GOC decentralized exchange is online for Tron-based tokens, you can go there and sell or buy Ante tokens. The current rate is about 20 TRX for an Ante.
Nothing short than a revolutionary product
This is revolutionary. It’s unprecedented in gambling because the odds are fair and the house shares its revenue with players. It’s like you own a bit of the casino, without even buying anything. You just play and you get the tokens that enable you to share some of the profits. It’s a very good way to get some passive income. Basically, you’re getting paid in crypto for having some fun.
The Tron project is exceedingly ambitious, for sure. But if every (or even a few) app and smart contract running on Tron’s blockchain can manage to be as innovative as TronBet, then there’s every chance that Tron’s objectives will be met.
And if you’re interested in additional passive income in Tron-based cryptocurrencies, just start up your BitTorrent client. There’s yet another new coin called BitTorrent Token (BTT) that will reward BitTorrent seeders just for keeping their files online for longer times.
Both Ante and BTT can be traded for TRX at Tron’s decentralized exchanges (mainly GOC) and since it’s directly linked to your Tronlink wallet, it’s rather easy to take your resulting TRX to any other exchange you like and hold them, or to trade them for other coins such as Ripple or BTC.
Image courtesy of PixaBay.
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