Crypto Casinos with Their Own Tokens & Coins

Some crypto casinos issue their own native tokens or coins. These are built on existing blockchains or have their own chain. They can be used for staking, governance, or as in-game currency. This article examines three casinos that have done so, focusing on the tokenomics, utility, and provably fair verification. Before engaging, always verify the casino’s provably fair system and understand the risks.

What Are Crypto Coins and Tokens?

Crypto coins are native to their own blockchain (e.g., Bitcoin). Tokens exist on another blockchain (e.g., ERC-20 tokens on Ethereum). Both have value, but tokens often have additional functions like governance or staking. In the context of casinos, these assets are used to reward players, enable staking, and provide governance rights.

Trust Dice and TXT Token

Trust Dice casino issues the TXT token on the EOS blockchain. TXT is a utility and governance token. Players earn TXT by betting on the platform. Every bet generates Claim Points, which determine daily TXT rewards. Claim Points reset daily after claiming. The more you bet, the more Claim Points you accumulate, and ultimately you get more TXT tokens. Staking TXT earns dividends from the network’s profit; the percentage of the staking pool paid daily depends on the amount staked. Trust Dice even has an option to calculate potential rewards on their TXT page.

Additional ways to obtain TXT include:

• Claim free TXT from Trust Dice’s faucet
• Claim free TXT rewards when reaching certain higher levels or completing specific tasks
• Get TXT by playing Dice, Crash, or Sports games at Trust Dice
• Buy TXT on Uniswap exchange

Note: Rewards from betting are not guaranteed; token value fluctuates. Trust Dice is provably fair, allowing players to verify game outcomes.

Kineko and KKO Token

Kineko casino’s KKO token is being developed on the Ethereum blockchain. According to Kineko, the token is envisioned as a solution for making and settling betting markets without losing time, liquidity, or regulations. It aims to maximize decentralization and user experience. KKO is intended to be tradeable via a smart contract. The token will be native to the Kineko protocol’s Decentralized Autonomous Organization (DAO), giving holders influence over project developments and a share of protocol profits.

Features of KKO include:

• Participation in liquidity programs
• Rewards on the exchange via liquidity pools, single stake pools, and three stablecoin rewards pools
• Access to cashbacks, bonus bets, and odds boosting at Kineko casino

KKO can be traded on Sushiswap. As of the time of writing, KKO price is approximately $0.13, but this changes. The token is still in development; use caution. Verify Kineko’s provably fair status before playing.

BC.Game and BCD Coin

BC.Game uses BCD (BC Dollar) as its native in-game currency, pegged 1:1 to USDT. BCD is an exchangeable game currency used for transaction fees, coin drops, and more. Players can earn BCD through deposit bonuses and by completing daily tasks on the Task Hub. Staking BCD in the ewallet offers up to 10% annualized return. BCD can also be swapped for other cryptocurrencies.

Deposit bonuses at BC.Game are subject to wagering requirements; always check the terms. BC.Game is provably fair, allowing players to verify game outcomes.

These are three examples of crypto casinos with their own tokens or coins. As the space evolves, more may appear. Before engaging, verify the provably fair system and understand the token’s utility and risks.