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CryptoPunt – An Original Play-To-Earn Concept!
CryptoPunt is a next generation blockchain based gambling and gaming decentralized application(Dapp). Currently built on the Ethereum blockchain, CryptoPunt leverages the pros and cons of games of the previous generations to offer a radically improved blockchain-based gaming and gambling Dapp.
Gambling has always been a strong fit for blockchain technology. The trends and statistics show that up until 2020, gambling was the dominant (Dapp) type and the only application type that catered to over 1 million users. Furthermore, gambling also catered to a big share of active users in the space – with 50% of gambling Dapp users were daily active users (DAUs) and gambling accounted for roughly 40% of the active users for all Dapp sectors.
While the growth of DeFi exploded in 2020 which resulted in the sector becoming the undisputed number one and likely to not be displaced, this is still a huge positive sign for the gambling sector. The explosion of the DeFi space has resulted in a massive surge in capital and user inflow into cryptocurrency-based sectors, which is extremely beneficial to CryptoPunt. This is because this allows us to cater to a wider user base and a much bigger pool of capital in the market. This will allow our talented team to leverage the benefits in order to innovate and improve our next-generation platform to continue to increase value for the entire community!
We are aware that with the increased opportunities in the market, to become a leader in the space and create an original play to earn blockchain based gambling and gaming platform, it is imperative for us to have clear outlined structures. This will also provide CryptoPunt with a competitive edge over current and future similar platforms. The structures that we have identified and work towards are as follows:
· Easy Setup – Users will be able to get started on our platform in less than one minute!
· Openly Auditable Program – CryptoPunt will be the first Dapp with an openly auditable algorithm, allowing users to verify the fairness of the games they’re participating in.
· Seamless UX Experience – A deeply experienced designed team shapes a seamless and intuitive UX.
· Cutting-Edge Gaming Technology – The infrastructure underpinning the CryptoPunt game offers an unprecedented experience to blockchain-based gamers.
· Permissionless Payments – The decentralized nature of CryptoPunt will enable users to easily make payments with restrictions, including but not limited to peer to peer payments and micropayments.
· The Security of the Ethereum Blockchain – We are built on the Ethereum blockchain, a network secured by vast computing power distributed worldwide.
· Deeply Experienced Team – Along with our UX team, we have assembled a full and wide ranging team consisting of experts in both the field of blockchain technology and online products.
Additionally, we’ve also focused on creating a platform token that provides great utility for our community members. The PUN token allows users to not only invest and trade confidently, but also provides great utility on the platform itself. PUN token holders will have access to exclusive promotions that will provide them with an edge on the games offered in the app. The games offered by CryptoPunt includes both casino and non-casino based games!
Further, token holders will be able to obtain a key edge in gameplay as they will be able to view odds related to various games, a feature hidden to users without sufficient PUN tokens. With this feature, token holders will be able to see that some of the games we offer, provide as high as a 50/50 chance to win! Lastly, PUN token holders will also be able to earn 0.1% of every bet made by users they refer to the CryptoPunt platform!
This was just a quick overview we wanted to provide our community members of the foundation behind our original play to earn concept. As with any original product, there will be continuous announcements, updates, and additions to the platform and the community. So we encourage you follow us on Twitter, Telegram, Instagram and subscribe to our newsletter on Substack to be the first to get all the exciting announcements!