In a recent tweet made on Friday, November 2, the CEO of Tron, Justin Sun revealed that the Tron-based gambling platform, TronDice has now reached 200 million in TRX winnings.
As per the instructions found in relation to TronDice, the gambling game requires users to bet TRX tokens. In order to play the game, users need to have a TronLink wallet, which is a Chrome extension.
Users’ have the freedom to set the amount of TRX tokens they would like to bet and can adjust the slider to a range most comfortable to them. Then, the smart contract will randomly select a number between 1 and 100 and the better wins if the number falls within their selected range. Note, when the slider is adjusted, the rate of winnings also changes.
At the time of writing, ‘Total Won’ has changed to about $245.6 million. However, losses have not been depicted, which would have been interesting to see in comparison to the winnings. Many Tron followers have since commented on Sun’s tweet with some praising the ‘accomplishment’, while most still not convinced. This is what said followers had to say:
“trx is dead man.”
“But how many has been lost?”
“The only problem with the currency is its large number, making it more difficult to raise its price.”
As per CoinMarketCap statistics, TRON has managed to move up to 11th position from its previous, 12th and its token value is approximately USD$0.022, which has been stuck at that level for some time now. As for its market capitalization, we are looking at about USD$1.487 billion and volume of under USD$70 million.
What are your thoughts on TronDice? Many have argued the real-use cases here are not as impactful as other projects. What are your thoughts on said claim? Share your viewpoint right down below.