RE: RE: The Generosity of Steem Based Casinos
You are viewing a single comment's thread from:

RE: The Generosity of Steem Based Casinos

RE: The Generosity of Steem Based Casinos

I think there is a bit of confusion about our dividend structure.

So to clarify:

All 5B tokens are in distribution. Cupz (the enitity) initially owned all tokens.

Players are awarded Cupz tokens for playing Cupz at a rate of 500 per Steem wagered and 1 Cupz per SP delegated per day.

Players can also earn Cupz from the daily leader board and other offers.

Eventually 60% of all available Cupz will be transferred from Cupz (the entity) to players through wagering Steem. 10% will be owned by players through offers and promotions. The rest will be reserved for Dev costs and team members ie. 30%.

Profit is calculated on commission charged for each Steem wagered and that profit is shared between Cupz holders in proportion to their holdings of the total amount.

Regarding the referrals: they have nothing to do with the Cupz distribution. Referrals are calculated at 10% of the commission on a winning game.

Our commissions fees:
1% Schrodinger's Cup
2% Three Cupz
2% Dice
2.7% European Roulette
5% Raffle

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center