A new ICO for Solana GambleFi token Mega Dice (DICE) started this week and it has already raised over $350,000 in just a few days of launching, according to an announcement on Mega Dice’s X account.
The ICO began on Wednesday, and within 24 hours it had already netted a whopping $300,000. Early support came strong because Mega Dice has already established itself pretty well in the world of GambleFi, aka crypto casinos.
It launched last year as the world’s first licensed crypto casino accessible through the popular messaging app Telegram.
This week’s launch of the DICE token ratchets Mega Dice’s services to a whole new level. Being the platform’s native token, players can use it as casino chips, to fund games and receive payment, with some games requiring the token.
DICE will serve as a funding and payment token on Mega Dice’s platform, with certain games requiring the token to play,
Mega Dice has a staggering array of games for the casual player. The website currently offers over 4,500 games, including classic staples like slots, roulette and blackjack, in addition to a bookmaker.
DICE has a hard supply cap of 420 million tokens, with 35% allocated to the presale, which can be accessed via the official website, where the token sells at a current fixed price of $0.069 per coin. This is the cheapest price investors can purchase it for in the ongoing presale.
The token can also be staked to earn passive income, with 10% of the total supply earmarked by its progenitors for staking rewards.
This indicates to early investors that DICE is a token from a well-established brand with strong fundamentals and utility.
It shows promise for significant near-term growth as it integrates into the casino’s loyalty program, offering more
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