Post
Topic
Board Gambling
Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token
by
dimonstration
on 15/04/2024, 13:11:35 UTC
I am assuming there's gaming revenue of course. Without it burnings aren't going to be effective. But if there is enough revenue, then market speculation can only be unhealthy, if it's artificially inflating the price, market speculation as sellers dumping will just be very healthy in the long run. But without bullish market speculation, or increase in current revenue, i have to admit that price could drop from here. As currently more tokens are being issued then burned. But i would totally welcome that as i will be grabbing this token as much as i can if this ever goes to $0.1.


The only pros of SHFL tokens compared to other casino token is they don’t have IDO but rather they just listed their token in open market while reward players in the form of airdrop for every wager made.

This means that they will generate profit whenever they send reward tokens to buy back on the open market. The burn mechanism of this token will be successful if the team continue on burning using the profit of the casino which other casino failed to deliver consistently.

Airdrop holders will just hold their tokens if they knew that the team consistently buy back. The price growth will start if everyone will appreciate the regular buy backs using casino profit.