Quote from: iv4n on February 28, 2025, 02:41:32 PM

Quote from: Galactix on February 28, 2025, 12:06:33 PM

1. Mining would become too easy – If players started earning tokens from the very first wager, even without meeting the mining requirement, it would significantly increase the token supply early on. This would lead to inflation, which could reduce the long-term value of GLX and weaken the impact of dividends.

Nonsense... mining is easy or difficult depending on one's balance. Bigger balance & bets = easier, and faster mining. Smaller balance & bets mean slow and difficult mining. So this rule of yours does not affect the difficulty of mining, you are denying players the opportunity to mine something with their first bets.

What exactly would lead to inflation? People mining more tokens? Playing more in your casino?

Quote from: Galactix on February 28, 2025, 12:06:33 PM

2. Abuse and farming risks – One of the main reasons for the $1,000 requirement is to prevent abuse. If tokens were earned from the first wager, some users could exploit the system by making small, low-risk bets just to farm GLX without actually engaging with the platform in a meaningful way. This would hurt legitimate players who are mining fairly.

Ok, that is your answer and I partly agree with it... but let's be honest here. What farming?
It would be nice if someone could explain to me what the benefit is of making small, low-risk bets just to farm GLX? And what does "fair mining" mean? All of us who register and deposit money mine fairly with every bet, and for every $10/$20 wagered we get one token. And is it fair of you that you don't give anything for wagering our first $1000?

Quote from: Galactix on February 28, 2025, 12:06:33 PM

3. Dividends would drop – A higher supply of GLX in circulation means that dividends would have to be split among more holders, which would reduce earnings for everyone. Our goal is to make dividends rewarding, and keeping mining exclusive to engaged players helps maintain strong returns.

What? Your goal is to attract more people who will play more & mine more... Dividends are dropping if we don't constantly mine, it's logic. And dividends are rewarding to those who mine (risk their money gambling). So it's a bit funny that you pointed out that "dividends would drop"...

Quote from: Galactix on February 28, 2025, 12:06:33 PM

4. Encouraging real engagement – The current system is designed to ensure that players actively participate before mining begins. This isn’t just about preventing abuse—it’s also about building a long-term, sustainable economy where GLX retains value and isn’t easily farmed without meaningful play.

Is this some kind of joke? We (players) actively participate from the moment we deposit money! There is no "easy mining" and other nonsense that you wrote... We (players) risk money playing, for the wagered money we get tokens and that's it. Is our play meaningful or not, why the fuck is that your business? You provide games and we play as we wish to play.

Quote from: Galactix on February 28, 2025, 12:09:32 PM

The reason bonus funds don’t count toward GLX mining is because they aren’t real, risked funds.

They aren't real?

Quote from: Galactix on February 28, 2025, 12:09:32 PM

When a player deposits and receives a bonus, they are getting extra funds that can only be withdrawn after meeting wagering requirements.

Wait, they are real and it's called extra funds?

It's funny because I already explained everything, but you were too lazy to read, or maybe you are an "I know everything better" person... in any case, most of what you wrote doesn't make any sense to me who is "mining" casino tokens for years.

Good luck!

1. Mining would become too easy
You argue that mining difficulty is determined by a player’s balance and bet size, not by whether it starts from $1 or $1,000. That’s true on an individual level, but on a system-wide level, allowing everyone to mine from the first $1 wagered would rapidly flood the market with GLX tokens. That is inflation. If tokens are too easy to obtain, their value drops, making dividends less rewarding for everyone. The requirement ensures that only actively engaged players contribute to the token economy before benefiting from mining.

And yes, playing more means mining more—that’s exactly how it’s designed. But removing the requirement would mean players can mine GLX with no engagement barrier, leading to rapid oversaturation. If you think that won’t affect token value, take a look at what’s happened to other in-house casino tokens that allowed unrestricted farming.

2. Abuse and farming risks?
You ask, "What farming?" Simple. Without restrictions, a player could deposit, make minimal risk bets (for example, betting both red and black on roulette), and grind out GLX with near-zero financial risk. That’s farming. Players who actually take risks and engage in real gameplay are not in the same category as those exploiting loopholes to farm tokens for free.

"Fair mining" means that tokens should be earned through real engagement, not risk-free exploitation. If there were no requirement, someone could create multiple accounts, wager tiny amounts, and rack up tokens with no real play involved. That does hurt legitimate players by devaluing the token economy.

3. Dividends would drop?
This one’s simple math. Dividends are distributed among GLX holders. If mining is unrestricted, the supply of GLX increases rapidly. More supply means more people to share the dividend pool, which lowers individual earnings.

And no, dividends don’t drop if you don’t mine constantly—they drop if the total circulating supply becomes too large. The requirement is in place to prevent excessive, uncontrolled token creation, which would lower everyone’s long-term earnings.

4. Encouraging real engagement?
Yes, real engagement starts the moment you deposit and play—but that’s not the issue. The issue is ensuring that mining remains sustainable and that token generation doesn’t spiral out of control. You say, "We play as we wish to play." Exactly. And we set up the system so that the token economy remains balanced while you do that.

The requirement isn’t about dictating how you play—it’s about making sure GLX retains its value over time. If we let everyone mine from day one, we'd be setting up a system where token inflation outpaces platform growth, leading to lower dividends, a weaker token, and an economy that collapses under its own weight.

5. Bonus funds aren’t real?
You know exactly what this means. Bonus funds aren’t the same as real funds because they come with restrictions. They aren’t freely withdrawable, and they only become real after wagering requirements are met.

If bonus funds counted toward mining, players could deposit, grab a huge bonus, and farm GLX risk-free. That destroys token value and rewards abusers instead of real players. This is why literally every dividend-based casino with its own token follows a similar rule—because allowing bonus farming is an easy way to kill a token economy.

If you mined casino tokens for years then you should already understand why these systems can’t be left wide open unless you want to devalue the token into the ground. The $1,000 requirement exists to protect long-term players, dividends, and the integrity of the token.

If you don’t like the rule, that’s fair. Feedback is always welcome. But calling it "nonsense" without understanding the economic impact doesn’t change the fact that this system is built for sustainability, not for quick farming.

Good luck to you too.