Post
Topic
Board Gambling
Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team
by
Coin_trader
on 11/08/2024, 07:56:04 UTC

Celebratory events made me wonder if stake is going to at some point releasing their own exchange token as a reward. I know they don't need it, but their buyback/burn volume probably would be insane compared to competition.

I know that in reality it's just extra work and hassle for them, not to mention legal risk. And i can't even imagine their server overload if they would suddenly get their wagering volume multiplied, bacause of people who want to "mine" their airdrop token.

I doubt that they will release their own token since they have deep pocket funding as they get tons of profit from the success of Primedice way back when Bitcoin price is very low. Most of the casino that introduced utility tokens are those who want additional funding with their casino.

But it’s guaranteed that Stake token will be a hit if they decide that they want to launch their own token since they are the leading crypto casino. Besides, even a relatively new casino manage to create a hype with their own token so this is an easy peasy marketing for Stake token as it will market its own due to the brand.