Unless you’ve been living under a rock, you’ve likely heard of blockchain technology and its potential to revolutionize various industries. It all started with Bitcoin, then Ethereum, and now thousands of projects are utilizing this innovative technology.
This technology’s potential is likely undiscovered and continues to evolve every day. The latest we spotted is $NUMMUS, a blockchain-based casino platform offering fresh features and benefits for users.
This article will explore how $NUMMUS is bringing blockchain technology into the casino world. As you’ll see, the team designed a staking program, the use of NFTs, and a nice architecture, among other things. We’ll examine the advantages of using blockchain in casinos and how the token’s architecture sets it apart from traditional platforms.
The Benefits of Using Blockchain Technology in Casinos – The $NUMMUS Token Case Study
If you’re a casino fan, you have seen your fair share of new companies entering the sector. From traditional brick-and-mortar establishments to online casinos, the market has a lot of options. However, only a few casino entrepreneurs have dared to introduce blockchain technology. Or, at least, this was true until now.
But what exactly are the benefits of using blockchain in the casino niche? And how does Nummus Casino (and $NUMMUS) utilize it? We’ll tell you more below, from NFTs to staking.
The Unique Features of $NUMMUS Token
The first aspect you should know about the project is its way of rewarding users and token holders. Staking is a very popular concept for crypto fans, but this generally does not apply to online casino users. $NUMMUS changes this by creating a system that rewards not just stakers but also active users in the casino.
- Staking allows token holders to lock their tokens and receive additional tokens as rewards.
- You can stake your tokens for up to 12 months and expect up to a 24% yearly yield for the longest duration.
- Staking involves locking away tokens for a specific period (see previous point). The idea is simple: you have the option to add extra tokens to extend the locking period.
- Staking is managed by secure and transparent smart contracts, regularly audited to ensure safety.
- Stakers are guaranteed to receive their original staked amount and earned rewards once the staking period ends.
Furthermore, if you read the project’s whitepaper, you’ll see how $NUMMUS places large importance on NFTs. NFTs (or non-fungible tokens, if you prefer) have been a buzzword in the crypto world for some time now. The token takes it a step further by creating exclusive NFTs that come with lucrative benefits and rewards.
- The project’s NFTs provide exclusive benefits and rewards to their holders. An example? We can mention the access to unique rewards and privileges in Nummus Casino.
- 25% of the net profit from Nummus Casino is paid to NFT holders in stable tokens (with a 3.22% ROI).
- The team minted only 2,500 NFTs, and no more will ever exist, making them a limited and valuable asset.
Moreover, three types of NFTs are available in this project’s ecosystem: Fortuna, Jupiter, and Mercury.
- Fortuna NFTs are granted for every staked $5,000 purchase and come with 25% of the casino’s net profits.
- On the other hand, Jupiter NFTs are granted only for every staked $10,000 purchase. These tokens also provide a 25% share of the net profits. The idea is that these NFTs are supposed to be even more exclusive and valuable than Fortuna ones.
- Lastly, Mercury NFTs are granted for every staked $1,000 purchase and still offer a generous 25% of the casino’s net profits. However, only 500 of these NFTs are available, making them the rarest and most coveted among collectors.
If you’re worried about the lack of utility in some crypto or NFT projects, $NUMMUS has got you covered. The link between the project’s tokens and the casino is a crucial aspect for this team, providing real-world value and usability.
The Project’s Architecture
We wouldn’t want to be too technical, but a glance at the token’s project architecture is certainly worth exploring.
So, let’s take a closer look at the technical design:
- Telegram Integration: Powered by Telegram’s Bot API, Nummus Casino utilizes advanced bots to handle various tasks. Among these, let us mention managing gameplay, player accounts, and real-time transactions.
- Cloud-based Infrastructure: The back-end services supporting the bots run on cloud infrastructure for seamless performance even during peak usage periods. This setup also enables efficient load balancing and auto-scaling to provide uninterrupted service.
- Smart Contracts: Leveraging smart contracts from Ethereum, Nummus Casino automates critical tasks like staking and managing its tokens while ensuring security and efficiency.
- Security Measures: Nummus Casino prioritizes user privacy and security by building upon Telegram’s encryption protocols. The platform also undergoes periodic security audits to maintain integrity and identify vulnerabilities.
If you sum points A, B, C, and D, the project architecture behind the $NUMMUS is robust, secure, and transparent. While you may not necessarily get lost in its complexities, it’s worth acknowledging and appreciating the team’s efforts and professionalism.
The Token Allocation (and What It Should Tell You)
If you are as used to reading crypto whitepapers as we are, you’ll know how important token allocation is. It can make or break a project. The good news is that the team behind this project knows this all too well. Here are more details:
- The liquidity pool holds 5% of the total tokens and ensures enough liquidity for trading on exchanges.
- Airdrops make up 5% of the token allocation, rewarding early supporters with free $NUMMUS.
- The ongoing presale has a 5% allocation and is a great opportunity to get in early and take advantage of bonuses and rewards.
- Staking makes up the largest portion at 5%, incentivizing users to hold onto their tokens and participate in governance decisions.
- Affiliates receive 5% of the token allocation, encouraging them to promote and bring new users into the project ecosystem.
- Bonuses make up 5% of the allocation, providing rewards for certain actions within the ecosystem, such as participating in community events or referring friends.
- Consultants receive 5% of the tokens, providing valuable expertise and guidance to help ensure success for $NUMMUS.
- The reserve holds 10% of the tokens, acting as a safety net for unforeseen circumstances.
What does this token allocation tell you? First, consider the matter from the point of view of the project’s community. The fact that a large part (37.5%) of the tokens goes towards staking incentives rather than consultants (2.5%) is essential. This strategy shows that the project’s community is at the project’s core. Setting aside a reserve (10%) also shows that the team is prepared for potential issues and prioritizes long-term sustainability.
Furthermore, the airdrops and bonuses demonstrate the team’s commitment to rewarding early supporters and incentivizing active participation within the ecosystem. This helps with community engagement and supports the overall growth of the Nummus project.
Our Conclusions About $NUMMUS (and What to Expect from the Future)
$NUMMUS (from the creators of the Nummus Casino) can potentially change the online gambling industry using blockchain technology. With a focus on security, $NUMMUS is a cool new project you may want to check out.
Also, consider the team’s roadmap. The team’s whitepaper explains it better, but for the sake of this review, keep in mind that:
- The roadmap features three stages
- Stage 1 is about building the foundation for Nummus Casino and its integration with blockchain technology.
- Stage 2 focuses on launching the project to the public, emphasizing marketing and achieving set goals.
- Stage 3 brings even more innovation, including a poker room launch and strategic buyback/burn of tokens.
There’s also the matter of the project’s ECO model. This strategy involves a full-circle approach where the team reinvests all proceeds from $NUMMUS sales into the casino. Also, 25% of the casino’s net profits will allow the project to buy back up the value of the token. The model works as a way to guarantee long-term sustainability and growth.
Are you curious to learn more about the team behind $NUMMUS? For more information, refer to the project’s website and the project’s social media pages below.
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