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Hi everyone, how are you? today I am taking about Arcade Colony new casino game Stakehouse Den . and I discussion about Stakehouse Den game among you. I hope this information will be very useful to you before play Stakehouse Den game.Let's get started.
Arcade Colony is a blockchain-based gaming platform that currently has three games available: Splinterlands, Moonkarts, and Genesis League Goals. The platform uses the COLONY token, which acts as a governance token and has utility in various games.
Stakehouse Den is a new casino game in the Arcade Colony ecosystem that will be released soon. This game has some unique features, such as, it is a casino game where players cannot lose. Only if they win, they will get a prize, if they lose, they will lose nothing. Players can play their favorite games (roulette, slots, or blackjack) and if they win, they earn rshares based on Hotsauce tokens, and if they lose, they get nothing, but they also lose nothing.
NFTs are required to play this game. And it comes with a Soulbound token called Hotsauce, which can be obtained by staking NFTs found in the Ladyluck pack. The more Hotsauce you have, the higher the reward multiplier. The Stakehouse Den ecosystem has an annual allocation of 80 million COLONY tokens from Arcade Colony (over a 5-year period). 8 million COLONY tokens per year go to standard play per game. 2 million COLONY tokens per year go to the jackpot pool per game.
The COLONY token is the governance token of the Arcade Colony platform and plays a key role in the Moonkarts game. When Moonkarts’ reward system is fully activated, staked COLONY tokens will determine the bonus multiplier in conjunction with the rating. The use of COLONY tokens through Stakehouse Den will further expand. As of November 2024, the market value of the COLONY token was relatively low and the daily trading volume was almost zero, as the token had limited use in games at the time. However, its value is likely to increase as new games and use cases are introduced.
The Arcade Colony platform is constantly adding new games and Stakehouse Den is a new addition to this ecosystem that will further increase the utility of the COLONY token. In my opinion, it is good to invest here so that you do not lose anything. This is the end of my writing, thank you everyone.
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