How It Works:

The first game launched at the same time as the token is Monte’s Pot Luck. This will let users stake some of their tokens into a pot with the chance to win big. Over a period of time your entries will be tallied by the game contract, and when it is time the winners will automatically be drawn and paid. The UI is available on the website where you can see the pot size, previous winners, etc.

About The Token:

Monte Crypto Token ($CASINO) is designed to be the utility token for a decentralized, houseless casino. This means that there is no centralized authority that is responsible for the mechanics of the casino, it is all handled by the blockchain and a network of smart contracts. The result is a casino with a reduced house edge and an ecosystem where new games can be developed and accessed via the monte crypto platform.

The token is available on Binance Smart Chain and Ethereum. The BSC section will host games for low to medium bets, while the ETH section will allow users to play games with larger gambles. There is a 0.5% tax on buys/sells of the token, but NOT on gambles (gambles are tax-free). This is to fund the chainlink VRF necessary for on-chain randomness and compensation for the creator of the token to develop new games and features for the platform. This is what constitutes the “house edge” which will amount to less than 1% across any of the games you play.

Monte Crypto, the token creator, does not hold any of the token. In a decentralized ecosystem there is no room for a developer wallet, especially since any liquidation of such a wallet will result in a negative impact on the token price. All funds for development come from the small tax on buys/sells mentioned above to grow the ecosystem.

Queen's Gambit Slots

Roulette

Single-Draw Blackjack

About The NFT Pass:

Holders of the token are capped at holding up to 4% of the total token supply as an anti-whale mechanism. Bet sizes are capped at specific limits depending on the network ecosystem you are using. To lift the limitation on bet sizes, and to become a beneficiary of many other exclusive perks, the VIP NFT pass for high rollers can be purchased for 0.25 ETH.

A New Era of Blockchain

When we look at the history of cryptocurrency (and the internet as a whole) we see distinct periods of accelerating growth and rapid increase in capital flow. Each of these periods their own 'Gold Rush', software engineers race to capitalize on new advancements in user experience and create bubble industries for a chance at making the right gamble on a potential titan in an emerging market. In crypto alone, we have seen 3 of these moments.

Era 1: Cryptocurrency

The first of these moments was with the infamous creator of bitcoin and the blockchain rush that followed. We see clones/forks and alternative blockchains emerge to grow a backend infrastructure for the entire internet. Miners racing to turn a profit, crypto believers buying into the coins, people who participated in and stuck around through this era were heavily rewarded as time went on.

Era 2: Smart Contracts

The second era of crypto was through the development of ERC-20 smart contracts and the resulting initial coin offering ('ICO') craze. Companies and individuals raced to develop their own form of blockchain currencies with varying utility (or lack thereof). We see massive cap raises to fuel the growth of blockchain infrastructure and decentralized applications (dApps), but at the same time forces such as the SEC begin to crack down on the growing number of securities disguised as tokens that naturally emerge to capture naive money entering an emerging market.

Era 3: Non-Fungible Tokens (NFTs)

The third era, the one we are on the tail end of, is the ERC-721 moment. This form of smart contract is what we all know as the 'NFT", the non-fungible token. An entire bubble industry born from an application of blockchain UI/UX. The value of the NFT is decentralized ownership, a vision we should all share for the future of the internet.

What turned this incremental step in blockchain technology into a period of unbelievable growth was very simple: a use case. Brands and ecosystems began to build themselves around collectible NFTs like trading card companies. People came for the art but stayed for the gamble that the art industry inevitably brings. The digitization of the 'fine art' industry, jokingly done with cartoon apes in classic crypto fashion. This foreshadows the period that is to come. But only after a trip through the desert...

~ End of Era 3 ~

The house of cards that was the NFT rush like all good things came to a harsh end. Massive liquidity events, a few crypto scandals, and a never ending cycle of scams meant there is much less gold in the ground for new talent. This doesn't mean NFTs are dead, quite the opposite. Crypto is waiting for the next era and the whole industry can feel this moment building, it is in these moments when it is darkest that the sun rises.

Era 3.5: Meme Coins

From the ashes of Era 3 sprang the golden age of meme coins, a wild west of speculation and big gains/losses. It seems to be the only place where money is still being made, but its entirely built on an imaginary foundation with no utility or growth potential. A glorified pyramid scheme, dependent on the inflow of new gullible capital fueled by the fear of missing out.

So what will the next era be?

Era 4: The Casino Token

The on-chain digitization and automation of the chip exchange, the dealers, the table games...this is all possible with blockchain. More importantly, the high speed, low cost infrastructure that can support mass adoption of crypto use is readily available.

Crypto gambling has been done unofficially through convoluted means that are not accessible to the general population. it's been available for, let's be blunt, internet and finance geeks. No average person has ever touched crypto, let alone a crypto casino. Most people don't even touch online casinos because it feels like a scam (it is).

The casino token completely changes the structure of a casino. Everything becomes automated and the smart contract becomes the house. This is not the same as any ordinary casino, even the "crypto casinos" that currently exist. These "crypto casinos" are just ordinary online casinos that accept crypto. That's not innovation.

Cheers to the New Era

This is the future of casinos. It is not an online casino, but the first decentralized crypto casino coin. A casino designed for the players rather than the house, with the best odds you can get anywhere. All made possible through blockchain, with plans to develop new games of chance, release additional VIP/NFT features, move into the crypto-metaverse hotel space, and beyond.

Monte Crypto will be the leader of the 4th era of crypto/blockchain, comparable to the Bored Apes Yacht Club & Opensea of the Crypto Casino Era. Not only does this project represent the first scalable casino token, it is an entire ecosystem built around the utility token, primed for mass adoption and the first of its kind. $CASINO utility produces an entire gambling economy, and the Monte Crypto web platform is your interface to interact with blockchain smart contracts to have a taste of the future of High Roller lifestyle.