πUtilization
Player Bets:
Participants in CashCab engage by placing bets on the multiplier, with the expectation that the multiplier will continue to increase. π°
Each player has the autonomy to decide when to cash out their bet before the multiplier crashes, allowing for individual strategy and risk management. β³π°
Multiplier Increase:
The game dynamics involve a multiplier that steadily increases as players place their bets. π
The longer a player holds onto their bet, the higher the multiplier becomes, presenting an opportunity for potentially greater winnings. πΈ
Crash Event:
At a certain point, the multiplier stops increasing, triggering the crash event. π₯
This moment is unpredictable, and it determines the outcome of each player's bet β whether they successfully cashed out or experienced a loss. π’
Profits Generated:
When the crash event occurs, the accumulated profits from all losing bets contribute to the overall revenue pool. πΌ
The losses incurred by players who didn't cash out are pooled together to generate revenue for the platform. π
Revenue Distribution:
The revenue generated from the crash is distributed among token holders in CashCab. π°
The distribution process may be proportionate to the amount of tokens held by each participant, rewarding them based on their stake in the game. π
Smart Contracts and Blockchain:
The distribution process is likely facilitated by smart contracts on the blockchain, ensuring transparency and automation in the revenue-sharing mechanism. π
The use of blockchain technology enhances trust and provides a verifiable record of the revenue distribution process. π
Regular Payouts:
Depending on the game's design, revenue-sharing payouts may occur at regular intervals, providing token holders with a share of the profits generated during each crash event. βπ΅
This regular payout structure adds an element of ongoing engagement for participants. π
Last updated