Introducing DGX — Decentralized Games Platform

Solana Entertainment Platform

DGX is a PVP-oriented entertainment platform that combines coinflip, prediction markets, and other games while also providing a safe and fair experience powered by the Solana blockchain. The players are in charge of their operations, strategies, and decisions. The platform and its administrators do not interfere in the gaming process between players but simply provide and maintain security for the environment for all participants.

Why Solana?

The Solana blockchain has proven to be a new and performant technology that allows creating an enabling environment for projects that offer an advanced experience to users. The technology allows transactions to be performed faster and at a very low cost compared to other existing blockchains. This will also open new horizons for the developers to work together with other new projects and become one of the biggest entertainment platforms on Solana.
All players are treated fairly without incurring excessive transaction fee costs, everything being transparent through the blockchain explorer.

Token Utility & Tokenomics

$DGX token is used in the games on the platform and particularly in the lottery, for which tickets can be bought exclusively with $DGX tokens. An additional possibility to use the token will be announced in later stages of the project.

The $DGX token has a fixed supply of 7 million (7,000,000) tokens, 51% of which will be distributed among the community via airdrop (more details below). The rest 49% of the supply will be distributed as follows:

Features

DGX platform will include several gaming options including coinflip, prediction markets, and lotto. The platform retains a margin of 2% from the prize pool. 1.2% of this margin is used by the platform to cover administration costs. The remaining 0.8% is accumulated and will be used for the token burn.

Coinflip — is a game played by two participants who bet equal amounts and compete for the prize. The game will have 5 fixed bet sizes to simplify the process and a winning chance of 50% for each player.

Prediction Markets — the players bet on one of the outcomes of unknown future events.

Lotto — the platform will host daily and weekly lotteries with multiple winners. Participation in the lottery is possible only using the $DGX token.

Later we will consider adding the SOLCrash game, depending on users’ preferences.

Token Burn

The token burn will be held at the end of each economic quarter, meaning September 30, December 31, March 31, and June 30. The 0.8% house margin (see above) will be used to purchase tokens from the market and these tokens will be subsequently burned.

Community Airdrop

According to our roadmap, the community airdrop registration will take place in mid-June. There is allowed only one registration per person and all forms will be filtered to eliminate bots, duplicates, and people attempting to cheat. Tokens will be distributed at the beginning of July.

Keep an eye on our Twitter for more updates or ask a question in the Telegram group.

Good luck with your bets!