Overview:
Launched in February 2023, Shuffle has become a crypto casino and sports betting platform with over 35,000 users and 2.8 billion bets across its product range. Shuffle.com is designed to meet the demands of the modern gaming market, emphasising a user-friendly experience and trust. The Shuffle Token ($SHFL) has been introduced to further enhance the platform's offerings.
SHFL aims to drive innovation within the casino industry, ensuring close integration with Shuffle’s platform. It is intended to reward active users, contribute to community growth and improve the overall user experience. The token's value is expected to align with Shuffle's growth, supporting its position in the crypto casino market.
$SHFL utility
- Wager Asset: Users can utilise SHFL for betting across Shuffle's diverse game offerings, from slots to sports betting, offering a unique utility for the token while rewarding users.
- Buyback and Burn: 15% of the platform's revenue will be used to buy back SHFL tokens from the market weekly. These tokens will then be permanently removed from circulation via a burn mechanism, effectively reducing the total supply.
- VIP Perks: Users who bet with and hold SHFL on the platform will gain access to exclusive bonuses, early feature releases and potentially enhanced multipliers for future airdrops.
$SHFL Airdrops
Shuffle plans three airdrops to reward early users and encourage further engagement.
Airdrop 1: Targets early active users, distributing 10% of SHFL's total supply based on an algorithm that factors in wager volume, net revenue since Shuffle's inception and how early users joined. 20% of this airdrop is available immediately at TGE, with the rest vesting over three months, accelerated by the Wager-to-Vest program. The snapshot was taken on Shuffle's first anniversary, February 1st 2024.
Airdrop 2: Allocates 9% of SHFL's supply to a broader user base, rewarding wager, affiliate volume and ongoing loyalty. The tracking period starts from Airdrop 1's snapshot until a future specified date, with more details to come.
Airdrop 3: This airdrop also accounts for 9% of the total supply, details for this final airdrop, including requirements and the snapshot period following Airdrop 2 will be announced at a later date.
These airdrops aim to distribute SHFL tokens to dedicated users, with conditions designed to foster platform growth and user retention.
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.