Mega Dice Crypto iGaming Token Surpasses $1.5 Million In Presales

DICE, an upcoming crypto token from the Mega Dice online casino, has raised more than $1.5 million in its presale, so far. The presale has a hard target of $10 million and plans to launch once this stage has been reached. The token, which is based on the SOL blockchain, will be accepted by the Mega Dice casino. Early investors have the opportunity to benefit from $750,000 of airdrops, as well as rewards for holders of staked tokens.

Mega Dice is at the forefront of the crypto casino charge. The site not only enables gamers to play using cryptocurrency but is listed as one of the top live Bitcoin casinos by this guide. According to crypto expert Patrick Jennings, it offers highly sought-after live games and has recently introduced a Telegram bot to improve table interaction.

Before a cryptocurrency coin reaches the Initial Coin Offering (ICO) stage, some startups offer potential buyers the opportunity to get in early as part of a presale offer. Tokens are offered at a discount compared to their likely launch rate, and investors are given access to airdrops and other bonuses. Most investors buy early in the hope of achieving a significant boost when the currency hits exchanges.

Some successful tokens have seen their value increase by 100 or even 1,000 times, bringing obvious appeal. That increase is typically based on the presale success of the coin, as well as the industry in which the coin will operate and its utility. Presales have become big money, both for the platform and investors who bet on the right ones that actually live up to their potential. 

As the presale continues, the price to purchase tokens increases. This extra incentive acts as a way for the token company or blockchain startup to raise early funds. However, the buyer cannot access or use the tokens until they launch officially.

Dice has a hard cap of $10 million on its presale, which means when this target is reached, it will launch the token on decentralised exchanges. Approximately one-third of the Dice tokens have been set aside for the presale, with a further 15% in the liquidity pool. While the Dice token is being launched primarily as a utility token to be used on the Mega Dice website, it will be tradeable on exchanges once it launches, potentially further increasing its value.

DICE will specifically target users of the Mega Dice casino, and it could be one of the first of a new rash of gambling tokens. Crypto gambling is becoming increasingly popular with players as it offers them greater anonymity and security.

Players in jurisdictions where online gambling is restricted use crypto casinos to circumnavigate the rules, but this isn’t the only benefit bettors enjoy. Using a crypto casino means that players do not need to submit bank or card details. If there is a security breach at the online casino, the player won’t have their personal details taken.

Bitcoin is the world’s largest cryptocurrency, and its creation in 2009 paved the way for other cryptocurrencies built on blockchain technology. It was established as a means of transferring money, and while it took some years for its popularity to soar, Bitcoin and the cryptocurrency market as a whole is a disruptive technology that has changed many industries. 

Today, players can place wagers and play at casinos using Bitcoin, Ether, Doge, Tether, and other cryptos. Dice aims to enter this market. Although it looks as though Dice will be used solely on the Mega Dice platform, the increasing popularity of crypto gambling means other tokens will follow.

Bitcoin casinos typically offer substantial bonuses to attract crypto deposits. These include sign-up and first deposit bonuses, and offers to match initial deposits, while some establishments offer reload bonuses that give additional money for betting with every crypto deposit made by clients. However, it’s also important to note that players do need a cryptocurrency wallet and they need to buy their chosen cryptocurrency to be able to wager.