X WINNER is the world’s first decentralized fully on-chain gambling platform offering guaranteed earnings through gambling. It blends the thrills of gambling with the profitability of DeFi, delivering a genuine GambleFi experience to its participants. Today, we’ll delve into this project and explore why it is set to disrupt the gambling industry.

New Gateway to Gambling Wealth

X WINNER is a fully on-chain gambling platform, offering a diverse range of games commonly seen in casinos, such as Slots, Baccarat, Roulette, and other gambling products like Lottery, Powerball, and Gachapon. During a five-month testing period on Polygon, X WINNER managed to onboard over 90,000 testnet users, accumulate a prize pool exceeding $100 million, and distribute promoter rewards surpassing $1.6 million.

How to Connect

Because X WINNER is a fully on-chain platform, the only way for players to engage with X WINNER is through a crypto wallet. All the major crypto wallets are supported on the X WINNER platform.

Playable Games

All the games currently featured on X WINNER are internally developed. The games available on the testnet include:

1. Instant Wins: Lottery, Scratchers, and Gachapon

2. Table Games: Poker Baccarat

3. Lottery: Power Ball

X WINNER plans to release more games like Slot Machines, Dice Games, and Binary Trade Options in the first quarter of 2024.

Gambling Meets DeFi

Unlike conventional online casinos primarily using affiliate programs or raking systems to reward the players, X WINNER incorporates numerous DeFi elements to achieve highly engaging and rewarding gaming experiences.

Gambling With Dividends?

X WINNER’s product offers the highest payout rates in the industry. Furthermore, the platform’s use of the ERC-3525 token standard enables the use of SFTs and adds a layer of financialization to the act of gambling. 20% of each bet placed is returned to the players’ SFTs in the form of platform shares. The shares distribution model and valuation model follow an ingenious mathematical protocol that guarantees earnings for keen players who participate in the early rounds. Shares are instantly stored in player SFTs when bets are placed and can be liquidated at any time for profit realization.

Gambling With Passive Income?

X WINNER Players can create a permanent social network through their unique invitation codes. This chain of player relationships is recorded on the blockchain using smart contracts with every new player they bring on board. Players earn at a fixed commission rate on the total volume of bets placed by their network. These earnings are instant and secure with smart contracts executing all transactions within the platform.

Gambling With Fintech?

XT, X WINNER’s native token, is the utility token for the X WINNER ecosystem. It is used for X WINNER’s decentralized community governance, facilitation of X WINNER infrastructure services, and purchasing of X Captain titles. In the future, Chip Coins (CCs) will be the only accepted currency for placing bets on X WINNER and XT will need to be staked to mint CCs. CCs are pegged 1:1 to stablecoins like USDT and USDC, opening up yield farming and arbitrage opportunities.

There is no ICO, private pre-sale, or OTC trading for XT; 100% of tokens are given to community contributors. Not a single token is reserved for the team. This is because of the team’s vision to completely transform the negative perception around the gambling industry, which has been plagued by greedy casino operators exploiting their players for profit maximization.

More on XT Token

Token Release Schedule: 50% of the locked XT is unlocked and released every year, distributed daily to all X Captains.

1. Forfeiting: X Captains failing to generate any commission for the day are considered inactive and inactive X Captains’ XT rewards are burned immediately.

2. Token Utility: X WINNER infrastructure services such as Layer2, game data oracle, and VRF Random Number Generator will consume XT.

3. Token Buyback: X WINNER uses 50% of protocol revenue to purchase and burn XT daily. This process known as Buy & Burn makes XT a deflationary cryptocurrency asset.

Web3 Casino Operator — X Captain

X Captains is the game operator within the X WINNER ecosystem similar to traditional casino operators.

1. X Captains are entitled to daily token rewards. These benefits are coded into the contract, meaning they’re automatically dispensed.

2. X Captains get permanent referral benefits, with 5% commissions from referred players’ betting volume.

Why Can X WINNER “Revolutionize” the 2 Trillion Gambling Industry?

X WINNER allows a fully on-chain gambling environment, which incorporates blockchain technologies to completely transform the gambling industry. Most blockchain gambling platforms we see today only involve cryptocurrency for deposits and withdrawals, but not addressing the fundamental issues in the gambling industry, such as:

1. Opaque Operations: X WINNER runs all its game logic on the blockchain. All game results are obtained through Chainlink’s random number generator.

2. User Funds Security: Since X WINNER is fully on-chain, players don’t need to deposit funds into the platform. Instead, they pay individually each time they play a game, and rewards are immediately returned to their wallets.

3. User Retention: A combination of higher game payouts and the GambleFi reward system remedies the problematic user acquisition and retention rates in conventional online casino platforms. Player-driven user ecosystem and user-centric game protocol designs lower the barrier of entry and increase platform loyalty.

Technology is The Enabler

X WINNER’s adoption of advanced technologies is pivotal in resolving longstanding issues in the gambling industry and creating an enhanced environment for players. By integrating solutions like ChainLink VRF and Layer2, the platform guarantees fairness and transparency, addressing the critical concern of trust in-game outcomes. This technology ensures that the results of each game are genuinely random and tamper-proof, fostering player confidence.

Furthermore, technologies like ERC-3525 and Cross-Chain Interoperability Protocol expand the possibilities within the gambling ecosystem. ERC-3525 enables a dynamic and flexible token system, allowing players to own, trade, and benefit from various in-game assets and rewards. The Cross-Chain Interoperability Protocol broadens the platform’s reach, facilitating seamless transactions across different blockchain networks, and enhancing user accessibility and engagement.

These technological advancements not only rectify existing issues such as lack of transparency, high transaction costs, and limited interoperability but also significantly improve the overall user experience. Players enjoy a more engaging, secure, and equitable gaming environment, which is crucial for X WINNER’s mission to disrupt and elevate the gambling industry.

Third-Party Audits Protecc

Security is a top priority for X WINNER, given its fully on-chain architecture. The platform has already undergone three public audits by CertiK, Salus Security, and Canary Technologies. All contract codes are open-source, ready for those interested in the GambleFi space to utilize and build upon.

X WINNER WIN WIN WIN