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Token $NUMMUS – When Blockchain Meets Online Casinos (Rewarding Users)
Unless you’ve been living under a rock, you’ve probably heard about blockchain technology and its potential to disrupt various industries. It all started with Bitcoin, then Ethereum, and now thousands of projects are using this innovative technology.
The potential of this technology is probably unknown and continues to evolve every day. The latest we have identified is $NUMBERa blockchain-based casino platform that offers new features and benefits for users.
This article will explore how $NUMMUS is bringing blockchain technology to the world of casinos. As you’ll see, the team has designed a staking program, the use of NFTs, and a beautiful architecture, among other things. We’ll look at the benefits of using blockchain in casinos and how the token’s architecture sets it apart from traditional platforms.
Benefits of Using Blockchain Technology in Casinos: The Case Study of $NUMMUS Token
If you’re a casino fan, you’ve seen your fair share of new companies enter the industry. From traditional brick-and-mortar establishments to online casinos, the market has plenty of options. However, only a few casino entrepreneurs have dared to introduce blockchain technology. Or at least, that’s been true until now.
But what exactly are the benefits of using blockchain in the casino niche? And how does Nummus Casino (and $NUMMUS) use it? Below we’ll talk more about it, from NFTs to staking.
The Unique Features of the $NUMMUS Token
The first thing you should know about the project is how it rewards users and token holders. Staking is a very popular concept among cryptocurrency enthusiasts, but it doesn’t usually apply to online casino users. $NUMMUS changes this by creating a system that rewards not only stakers, but also active casino users.
- Staking allows token holders to lock up their tokens and receive additional tokens as a reward.
- You can invest your tokens for up to 12 months and expect an annual return of up to 24% for the longest period.
- Staking involves locking up tokens for a specific period of time (see previous point). The idea is simple: you have the ability to add extra tokens to extend the lockup period.
- Staking is managed by secure and transparent smart contracts, which are regularly audited to ensure their safety.
- Stakers are guaranteed to receive the amount originally staked and any rewards earned once the staking period ends.
Additionally, if you read the project’s whitepaper, you’ll see how $NUMMUS places a lot of emphasis on NFTs. NFTs (or non-fungible tokens, if you prefer) have long been a buzzword in the cryptocurrency world. The token takes it a step further by creating exclusive NFTs that offer lucrative perks and rewards.
- The project’s NFTs provide exclusive benefits and rewards to their owners. An example? We can mention access to unique rewards and privileges in Nummus Casino.
- 25% of Nummus Casino’s net profit is paid to NFT holders in stablecoins (with a ROI of 3.22%).
- The team has only minted 2,500 NFTs and there will never be another one, making them a limited and valuable resource.
Additionally, there are three types of NFTs available in this project’s ecosystem: Fortuna, Jupiter, and Mercury.
- NFT of Fortune They are awarded for every wagered purchase of $5,000 and comprise 25% of the casino’s net profits.
- On the other hand, Jupiter NFTs are only awarded for every staked purchase of $10,000. These tokens also provide a 25% share of the net profits. The idea is that these NFTs should be even more exclusive and valuable than Fortuna’s.
- Lastly, Mercury NFT are awarded for every $1,000 staked 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 sought-after among collectors.
If you’re worried about the lack of utility in some crypto or NFT projects, $NUMMUS has you covered. The connection between the project’s tokens and the casino is a crucial aspect for this team, providing real-world value and usability.
The architecture of the project
We don’t want to get too technical, but it’s definitely worth taking a look at the token project architecture.
So let’s take a closer look at the technical project:
- Telegram Integration: Thanks to the Telegram Bot API, Nummus Casino uses advanced bots to handle various tasks. Among them, we mention the management of gameplay, player accounts and real-time transactions.
- Cloud-based infrastructure: The backend services that support the bots run on cloud infrastructures for uninterrupted performance even during peak usage periods. This setup also allows for efficient load balancing and automatic scaling to provide uninterrupted service.
- Smart Contracts: Leveraging Ethereum smart contracts, Nummus Casino automates critical tasks such as staking and managing its tokens, while ensuring security and efficiency.
- Security measures: Nummus Casino prioritizes user privacy and security by relying on Telegram encryption protocols. The platform also undergoes regular security audits to maintain integrity and identify vulnerabilities.
Adding A, B, C and D, the project architecture behind $NUMMUS is solid, secure and transparent. While it is not necessary to get lost in its intricacies, it is worth recognizing and appreciating the efforts and professionalism of the team.
Token Assignment (And What It Should Tell You)
If you are used to reading cryptocurrency whitepapers like we are, you will 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 some more details:
- The liquidity pool holds 5% of the total tokens and ensures sufficient liquidity for trading on the exchange.
- Airdrops are 5% of token allocation, rewarding early backers with free $NUMMUS.
- The current pre-sale has a 5% assignment and it’s a great opportunity to get in early and take advantage of bonuses and rewards.
- Staking constitutes the largest part of 5%incentivizing users to hold their tokens and participate in governance decisions.
- Affiliates receive 5% of token allocation, encouraging them to promote and bring new users into the project’s ecosystem.
- The bonuses constitute 5% of the award, providing rewards for certain actions within the ecosystem, such as participating in community events or referring friends.
- Consultants receive 5% of tokens, providing valuable expertise and guidance to help ensure the success of $NUMMUS.
- The reserve holds 10% of tokens, acting as a safety net for unforeseen circumstances.
What does this token allocation tell you? First, consider the issue from the perspective of the project community. The fact that a large portion (37.5%) of the tokens go towards staking incentives rather than advisors (2.5%) is essential. This strategy shows that the project community is at the heart of the project. Setting aside a reserve (10%) also shows that the team is prepared for potential problems and prioritizes long-term sustainability.
Additionally, airdrops and bonuses demonstrate the team’s commitment to rewarding early backers and incentivizing active participation within the ecosystem. This helps with community engagement and supports the overall growth of the Nummus project.
Our Conclusions on $NUMMUS (and What to Expect from the Future)
$NUMMUS (from the makers of Nummus Casino) has the potential to change the online gambling industry using blockchain technology. With a focus on security, $NUMMUS is an interesting new project you might want to check out.
Also consider the team roadmap. The team whitepaper explains it better, but for the sake of this review, keep in mind that:
- The roadmap includes three phases
- Phase 1 is about building the foundation for Nummus Casino and integrating it with blockchain technology.
- Phase 2 focuses on launching the project to the public, emphasizing the importance of marketing and achieving the set goals.
- Phase 3 brings even more innovation, including the launch of a poker room and strategic token buyback/burning.
There is also the matter of the project’s ECO model. This strategy involves a holistic approach where the team reinvests all proceeds from the sale of $NUMMUS into the casino. Additionally, 25% of the casino’s net profits will allow the project to buy back the value of the token. The model works as a way to ensure long-term sustainability and growth.
Curious to learn more about the team behind $NUMMUS? For more information, please refer to project website and the project’s social pages below.
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