⭐ Merited by icopress (1)
$10 wagered for every 1 token is not cheap... other casinos had a lot lower "mining price" when they started, but not all. Chips is another example where the mining prices were pretty high. Maybe it's just my imagination, but maybe someone can compare dividend-based casinos and make some statistics, it seems to me that the lower cost of mining in-house tokens attracts more attention and those casinos grow faster... just my opinion & imagination.
Thanks again for your stats iv4n. I like the idea of a comparison of dividend based casinos as it seems to be getting more and more popular and it is an interesting concept as you can earn some passive income. I don't really have the time to do it but maybe Efialtis from BTCGOSU could help us out ?
Yes dividend can be a passive income but we also need to look at how we can do it, if the token can be earned by wagering only then we will need to wager a lot of money in order to have decent amount of token that can be staked for the dividend.
If we are small time gamblers or even small investors, we should not expect this kind of token staking program/dividend will be a good feature to earn passive income.
About the comparison between similar dividend based casinos, I think it is not an easy task to do so I think efialtis from Gosu will also have time to do it.
Thank you for sharing your thoughts
The $10 wager-to-GLX ratio is intentionally set to maintain the value of the token and ensure sustainability. By linking token generation to meaningful gameplay, we prevent an oversupply of tokens, which helps keep their value stable and allows for higher dividends for all holders. This approach ensures that the system rewards both active players and long-term investors while preserving the token’s utility.
For players who don’t wager large amounts, there are other ways to earn GLX tokens as well. Completing quests on the platform can reward you with tokens, and you can also find GLX in chests as prizes. These options are great for casual players to build up their token holdings while enjoying the platform.
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