Has a big investor in Arcade Colony with more than 4 million tokens, I always take a good look at upcoming projects in the arcade colony platform and my favorite will be without doubt Stakehouse Den!
What is Stakehouse Den you may ask?
Stakehouse Den is a Web3 Social Casino which will provide eight (8) games of chance to play on the platform.
- The first three (3) games are Roulette, video blackjack and slots;
- Video poker will be added as fourth game;
- and more games to be added in future.
This will function like a social casino, which means players don't lose the tokens they play with, but still get reward with Colony tokens.
The economy is comprised of a few steps.
- Players purchase NFT packs
- Players combine NFTs to make them more powerful.
- Players stake combined NFTs.
- Players start earning a non-transferable, fungible token called “Hot Sauce”
- Players choose a game and transfer “ Hot Sauce” into the game to set their reward multiplier.
- Players spin/draw/play in which they win or lose.
- Players that lose earn no Colony tokens.
- Players that win receive rshares based on the amount of HotSauce they used and quality of win they received.
- The win is modified based on additional factors such as NFTs staked, special reward bonuses, and various jackpots.
- Their share of the daily rewards are compared against the reward pool and players receive a proportional amount of Colony from the pool.
I have high hopes that this will be HUGE!!! and you know the best? The pre-selling of Lady Luck packs has finished in short time, showing the interest that the community has in this project!
I'm definetely buying more arcade colony tokens!