iPirates dividend pool just passed 10 million IOST putting the IOST blockchain back in the spotlight as the Dapp tops the listing pages in Dapp Review and Dapp Radar. When most Dapps are turning off-chain, the IOST blockchain is able to sustain a very high number of transactions with speed and low cost.
iPirates house edge indirectly pumps the entire Guppys ecosystem by distributing his income into Fishnchips, previous iPLAY holders and current i/FRY holders. This is a good way to bring miners into the Guppys ecosystem while still not having any i/FRY holdings.
Needless to say that most Guppys whales went hard into iPirates expecting longer lasting investment returns. This is possible by the rollover dividend model similar to Betfury and big daily and weekly leader-board incentives. The tokenomics were precisely set with long-term in mind.
Having a strong community backing such as Guppys is enough to make most people safe in what to expect with this iPLAY takeover. We are excited with what iPirates is going to turn into.
iPirates, the new casino Dapp in the IOST blockchain is about to go live. iPirates is a takeover of IOSTPLAY by the Guppys team and holders. Holders of iPLAY will greatly benefit from this new development as the returns were dwindling for some time. And what makes this Dapp different? High leader-board prizes and instant dividend payouts will generate a lot of early volume and revenue fees for iPLAY and i/FRY holders.
Total Supply: 5 Billion
20 IOST to mine 1 LOOT
LOOT per Round: 25MM
Difficulty Increase: 1 IOST
12% Paid Daily on House Edge
5% Allocated for daily IOST Leaderboard
4% Allocated for weekly LOOT Leaderboard
79% Daily carry forward
For every 1 LOOT mined, 1 LOOT will be mined for the House. This is a 50/50 dividend model.
Distribution of House LOOT – Breakdown of the House 50%:
27% to iPLAY Holders (will be swapped for new token called BOOTY)
27% to i/FRY Holders (they actually own the bankroll players play against)
18% to devs
18% to marketing/promo/admin/legal
10% to FishnChips Reinvestment Account
Encapsulated Token Model
Players will have the ability to pledge/freeze their LOOT as well as the ability to wager LOOT with any of our games to win more LOOT or to rank up the weekly LOOT wagered leaderboard. LOOT tokens will not be available for trade or sale. The only way to get them is to play/mine games at iPirates.io or to win more using LOOT as a playable asset. LOOT won by the house will be 100% burned.
Instant Dividend Payout
The first onchain dividend model that allows LOOT holders to claim dividends in real time. No more logging in at a specific time, claim them while you play or days later. The smart contract will track your dividends and allow for instant payouts when you need them.
Guppys is about to release their new Dapp in the Guppys ecosystem, Fish n’ Chips. Read here the first details for the world’s first SELF-COMPOUNDING Hourglass…
0.75 IOST FISH Token Buy In (Feeless) for ambassadors
23 Ambassadors – Top 10 iFRY Richlist + Top 10 FRY Richlist + Justin + MC + Trevon SNAPSHOT: Nov 22 @ 7:00am UTC
FISH tokens can never be sold.
Ambassador Buy-in: Min. 50k lOST – Max 375k IOST
Start Price: 1 IOST
Fee: 11% In & 11% Out
Increment: 0.1 increase per 1 mil IOST
Name: Fish n’ Chips
Chips Buy In (with Referrals):
1% Fry Bankroll
1% Fry Bankroll
1% Floor ( 50% B&B, 50% B&D)
Node Earnings: (Operator and Voting side)
60% Fish n’ Chips Voting Rewards
20% i/Fry holders
**Fish n’ Chips Voting rewards:
50% Buyback & Burn, hourglass reinvests in itself by buying CHIPS with the voter rewards (also raises the token price every single day), then burns the CHIPS it holds.
50% Buyback & Distribute CHIPS to FISH Holders
-100% to Reserve Fund for Guppys bankroll.
-This reserve fund would buy into Fish n Chips, rain divs but liquidate the Fisn n’ Chips if necessary
Ambassadors (No fee, stable .75 rate) -> FRY Investment Fund (current around 3 million IOST, pays fees+rain divs on ambassadors) -> General Public
-Permanently locked, Can’t be sold
-Ambassadors get FISH
-Everyone has the option to convert their CHIPS to FISH and lock them
-You can swap CHIPS for FISH but not the other way around,
-You get IOST divs just like CHIPS does + CHIPS divs from 50% Buyback & Distribute
-Can be sold whenever, not locked
-Price changes with every buy and sell
-Receive divs in IOST
Newpool just added IOST to their staking lineup. Generate income through staking on chain now with IOST.
Newpool is a decentralized Staking pool that uses the method of staking on chain to generate revenue for users, without transferring coins, “0” risk, flexible exit with more freedom, and creating millions of dollars in revenue for users every year.