all chips were mined by placing bets , the team doesn't own a fixed percentage of chips like other projects and they don't need the token itself since the site is getting 50% of the profits anyways
so in short if the token was listed the team won't be able to dump the price
but yeah I agree with you about the other sites' tokens , most of them are dying in price
it's kinda complicated since these type of tokens pay you divs , so for example you may buy the token for 1$ , sell it a year later for 0.5$ and still make money if you count the dividends you got during the year
The problem is that when there is token that can be earned by wagering there is a good amount of people who keep wagering and then hoping to make some money from the dividends, when you give people an option to just buy it instead of wagering they will do that instead of wagering because why risk your money when you can simply buy it.
However this creates a vortex, which means that less and less people will wager because they can simply buy the token instead of risk wagering, which means that there will be less wagering, when there is less wagering there is less dividends earned, and when you earn less dividends that means price will fall and when the price falls then people will wager less to earn it and the cycle repeats itself. This is why I hope that chip doesn't do something like this, it is not going to end up with anything profitable for anyone ever.