🚗Utilization
Player Bets:
Participants in CashCab engage by placing bets on the multiplier, with the expectation that the multiplier will continue to increase. 🎰
Each player has the autonomy to decide when to cash out their bet before the multiplier crashes, allowing for individual strategy and risk management. ⏳💰
Multiplier Increase:
The game dynamics involve a multiplier that steadily increases as players place their bets. 📈
The longer a player holds onto their bet, the higher the multiplier becomes, presenting an opportunity for potentially greater winnings. 💸
Crash Event:
At a certain point, the multiplier stops increasing, triggering the crash event. 💥
This moment is unpredictable, and it determines the outcome of each player's bet – whether they successfully cashed out or experienced a loss. 🎢
Profits Generated:
When the crash event occurs, the accumulated profits from all losing bets contribute to the overall revenue pool. 💼
The losses incurred by players who didn't cash out are pooled together to generate revenue for the platform. 🚀
Revenue Distribution:
The revenue generated from the crash is distributed among token holders in CashCab. 💰
The distribution process may be proportionate to the amount of tokens held by each participant, rewarding them based on their stake in the game. 📊
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. 🔗
The use of blockchain technology enhances trust and provides a verifiable record of the revenue distribution process. 🌐
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. ⌛💵
This regular payout structure adds an element of ongoing engagement for participants. 🔄
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