DuckDice.io is an online dice roll game where interested players can try their hands on guessing the dice number before it is generated, and place their bets according to their predicted outcome.
DuckDice.io accepts betting in cryptocurrency and entertains 7 of the most popular cryptocurrencies.
Interested players can deposit and withdraw funds in their DuckDice.io account using any of these cryptocurrencies, and start enjoying the game.
The game is similar to the other online dice roll games out there. In the roll, the dice generates a number between 0 to 9,999. However, before it does that, players have to guess whether the number they are selecting will be lower or higher than the generated number.
If the players believe that their picked number will fall lower than the generated number, then they can roll Low. If their assumption is true, they win the round.
Similarly, if the players think that the number which they picked is going to be higher than the dice number, then they can roll High. On meeting the prediction, they can enjoy their win payout.
Needless to say, in the cases where the players are wrong, they lose, and have to bid adieu to their bet amount. However, even when that happens, players know that it was not the site’s fault due to its provably fair mechanism.
The site also offers support through its live chat option, but it seems that the chat option allows you to enter your inquiry and it then pulls up some content that would answer your question. If that query does not provide a true result you will then see a live chat option that you can tap into. The customer service is great, they actually respond!
The site creates an automatic account for its users upon their very first visit to the site. The players can claim that account later by associating an email address with it so they could login with their own account regardless of whether they are using the same device or not.
DuckDice.io operates at a 1% house edge, which seems to be on par with most of the online dice roll sites.
While placing their bets as described above, players also have the option to select a chance to win percentage. This directly correlates with the payout multiplier, since a higher chance to win percentage means a lower bet multiplier, while a low chance to win percentage translates to a higher payout.
The minimum bet amount depends upon the cryptocurrency in which users are playing. For instance, the minimum bet amount for BTC is set as 0.0000001, while for ETH the amount gets to be 0.000001.
Similarly, the maximum win amount for a single bet also differs from cryptocurrency to cryptocurrency. While it is slated as 4 BTC for Bitcoin bets, it gets to be 134 ETH for bets placed in Ether.
Other than that, DuckDice.io also has additional features which enhance the overall gameplay.
Provably Fair: DuckDice.io has a provably fair mechanism which it defines clearly on its site. This lets players have the peace of mind that the gameplay remains neutral and not in the favor of the site itself.
Automatic Bets: By using this feature, players can set up automatic bets through their funds. This means that they do not have to setup each bet manually. Each round of automatic bets can go on until a predefined condition set by the player has been met, such as the specified number of rolls.
Community Chat: The site provides an interaction platform to all users as a sidebar chat interface, which enhances user participation and adds a social aspect to the game. However, if socializing is not someone’s cup of tea, then they can turn off the community chat feature.
Reward Distribution: The community chat feature also lets other players distribute their own rewards among online players, which the game terms as “making it rain”. This also enhances the sense of community and adds another aspect to the gameplay.
Tips: Similar to reward distribution, a player can share some of their existing funds with another user of their choice on the site. This feature also enhances the social and community aspect of the game.
Faucet: The site also has a faucet system, which basically provides a demo of the game to the users by providing them with minimal balance in cryptocurrency so they could try out the game without having to go through the procedure of transferring their own cryptocurrency to DuckDice.io. By using this feature, players can experience the full game in action before deciding whether it’s a good fit for them or not.
Jackpot: The site has a progressive jackpot, which starts at 0.25 BTC and keeps increasing until a user hits the roll of 7777, with their bet ID symbol ending in 7. The jackpot amount accumulated until that time gets transferred to the winner, and the jackpot gets reset to 0.25 BTC again to start the whole cycle again.
Built-In Exchange: This feature allows DuckDice.io users to instantly trade their existing, already deposited cryptocurrency with another supported cryptocurrency. This is to add to the gameplay features so users could place bets in their choice of cryptocurrency from the exchange’s offered list. The current exchange rate is always displayed on the site for this purpose.
Referral Program: The site also has a referral program through which existing players can earn Bitcoin by referring other users to the site.
Depositing and Withdrawing
Deposits can be made to DuckDice.io’s specified wallet address for each user. There is no minimum deposit limit for any cryptocurrency. The site also vows to facilitate deposits within a few minutes at most, depending upon network confirmations for each cryptocurrency.
However, the withdrawals do have a minimum amount which varies per cryptocurrency. While DuckDice.io does not charge a fee of its own for withdrawals, network fees still applies, and the site actually partially covers low fees for its players as well.
By The Numbers: The Rate Bitcoin Must Climb To Reach $100K By July
Bitcoin is a numbers game through and through. There are only 21 million BTC. The code and its consensus algorithm are both made up of complex math. The total coins are slashed in half every four years, and so on and so fourth.
Most important of all, here’s the growth rate Bitcoin price must hit steadily to reach $100K per BTC by July 2021 according to one crypto capital manager – as well as the one thing that could get in the way.
Bitcoin Price Growth Rate Should Take Crypto Valuation To $100K By July
Bitcoin’s growth from virtually worthless to more than $60,000 per » Read more
” href=”https://www.newsbtc.com/dictionary/coin/” data-wpel-link=”internal”>coin came to be reads as if it was ripped from a sci-fi film: Mysterious person takes a shot at all money, and takes no credit for the monumental effort.
” href=”https://www.newsbtc.com/dictionary/satoshi/” data-wpel-link=”internal”>Satoshi’s creation is now more than a decade old and has grown far beyond most people’s expectations. Over the last year alone, the leading cryptocurrency by market cap has grown at a daily average rate of 0.65% since April, resulting in a nearly a ten times climb in value.
At the current pace, according to crypto capital manager Timothy Peterson, Bitcoin price would reach $100K by June 30th.
At only a daily growth rate of 0.64% the top crypto should hit $100K by July | Source: BTCUSD on TradingView.com
The One Factor That Could Cause BTC To Fall Short Of Target
Bitcoin price must maintain comparable momentum over the last year to keep climbing at a similar rate and reach more than $100K per » Read more
” href=”https://www.newsbtc.com/dictionary/coin/” data-wpel-link=”internal”>coin. The number is now closer to the current price action than $10K is, and thus potentially more achievable.
Price predictions for the next cycle top reach as much as $400K, with estimates more steeped in reality ranging from $125,000 to $325,000 per BTC.
The rally could really be over if the historically accurate signal is right again | Source: BTCUSD on TradingView.com
There’s a chance, however, the cycle top is in, according to the Pi Cycle Top Indicator. If the historically accurate tool is right yet again, the leading cryptocurrency’s daily growth rate will begin to decline from here on out until another bull market breaks out.
Bitcoin price wouldn’t make it to $100K by July, and a return to prices much lower would follow. If that’s the case, crypto investors would have to wait a while longer for the number one cryptocurrency by market cap to reach that ultimate target.
Featured image from Deposit Photos, Charts from TradingView.com
Bitcoin’s time has come: TIME magazine to hold BTC on balance sheet
Institutional fund manager Grayscale has partnered with acclaimed New York-based magazine TIME to produce an educational video series on the subject of crypto assets.
The partnership was announced on April by Grayscale’s CEO, Michael Sonnenshein, with Sonnenshein revealing that TIME and its president, Keith Grossman, will receive payment in Bitcoin.
Further, TIME does not intend to convert the Bitcoin it receives through the deal into fiat, and will hold the crypto asset on its balance sheet. No further details of the partnership have been revealed so far.
— Michael Sonnenshein (@Sonnenshein) April 12, 2021
TIME was first published on March 3, 1923, with the magazine and online publication having been active in the crypto space of late. In March, TIME cashed in on the NFT mania by dropping a set of tokenized magazine covers on NFT marketplace SuperRare, with the “TIME Space Exploration – January 19th, 1959” NFT fetching 135 ETH worth almost $250,000 on March 30.
“The media industry is undergoing a rapid evolution. TIME is seeking a Chief Financial Officer who can help guide its transformation,” the listing said.
According to Bitcointreasuries.com, TIME will become the 33rd publicly traded company to hold Bitcoin on its balance sheet. TIME joins the ranks of top U.S. companies Microstrategy — who have invested billions into BTC from August 2020, Square — who added 4,709 BTC to their treasury in October, and Tesla — which purchased $1.5 billion worth of BTC in January. Multinational investment corporation Blackrock also began dabbling in crypto during February, profiting more than $360,000 from a small long using Bitcoin futures.
This deal marks a significant partnership between giants of the mainstream and crypto worlds. Grayscale was founded in 2013 and has $46 billion worth of crypto assets under management, including roughly 3% of Bitcoin’s total circulating supply.
Moonstake integrates with Sylo to bring their staking protocol to the Sylo Smart Wallet
Moonstake, a staking pool protocol and service provider, has announced a new partnership with Sylo, a decentralized software development firm and the creators of the Sylo Network and Sylo Smart Wallet.
Through this collaboration, Moonstake will connect Sylo with their robust API/SDK solution, thereby enabling staking functionalities in the Sylo Smart Wallet and allowing Sylo users to earn passive income from their idle crypto assets.
Founded in 2010, Sylo is committed to decentralization and has created an ecosystem consisting of digital consumer wallet software, applications, infrastructure, and developer tools in order to usher in a decentralized future worth looking forward to.
A unique wallet app that combines digital asset management with decentralized communication, the Sylo Smart Wallet is a savvy decentralized e-wallet that enables users to purchase, store, track, send, and receive crypto assets, explore the world of Ethereum dApps by means of a Web3 Browser, pay with cryptocurrency in the real world, and provides secure communications by chat or audio/video call.
“We’re pleased to offer our community of global users yet another way to access the benefits of crypto. As always, our user flow has been designed with simplicity in mind, and staking via Moonstake in the Sylo Smart Wallet will make earning from digital assets simple enough for people everywhere.”
– Dorian Johannink, Co-Founder and Business Director of Sylo
Born over a year ago with the aim to create the largest staking network in Asia, since its inception Moonstake has developed highly user-friendly wallets for both Web and Mobile (iOS/Android) that are compatible with over 2000 cryptocurrencies.
After a full-scale operational launch in August 2020, Moonstake’s total staking assets have grown rapidly to reach USD 800 million in staked assets over just six months. Within a year of its founding, Moonstake became ranked in the top 10 of the world’s premier staking service providers and it continues to strongly expand its business.
“The Sylo Smart Wallet is an interesting e-wallet that combines the functionality of a flexible digital asset management tool and a secure instant messaging app. We are happy to help proper crypto projects like Sylo enable staking in their wallet so that users can have more ways to earn with crypto. With a wide selection of PoS coins and attractive yield rates from our high-quality staking pools, we are confident that users will be pleased with their staking experience on Sylo powered by Moonstake.”
– Mitsuru Tezuka, Founder of Moonstake