$BBB (Game Token)
Bingo Box utilizes a dual-token economic model featuring the in-game token $BBB and the governance token $GGG.
Both tokens are designed with a deflationary mechanism, where their respective burning processes ensure steady value appreciation, providing long-term and stable value for platform participants.
Although $BBB and $GGG cannot be directly exchanged, they are interconnected through a meticulously designed mechanism, creating a spiraling upward relationship that further enhances the value of the tokens and users' dividend benefits.
$BBB:
$BBB is Bingo Box's in-game token, which will be listed on centralized exchanges in the future and freely traded in the secondary market.
Total Supply: 10 billion
Blockchain: Arbitrum
Contract Address: 0xe854D4E3f131930897007c490A6561E6183a24b4
Functions:
Game Participation: As the in-game token of the Bingo Box platform, players can use $BBB to participate in various games within the ecosystem.
Staking Rewards: In the future, players can also stake $BBB to earn $GGG. (coming soon)
How to Obtain $BBB:
Early Airdrop Activities
Whitelist Participation in Early IDO
Participate in Platform Games
Purchase on DEX or CEX
$BBB Redemption Pool
The $BBB Redemption Pool is used to fulfill users' $BBB needs. After winning, players can choose to exchange their prizes for equivalent $BBB tokens. For example, if a player wins a mystery box and opts to forgo the physical prize, they can choose to receive equivalent $BBB tokens, which will be automatically transferred to their wallet by a smart contract.
If the redemption pool has not reached its reserve limit, 50% of the $BBB consumed in each game participation will be added to the redemption pool, while the remaining 50% will be burned. Once the redemption pool reaches its reserve limit, all $BBB consumed in game participation will be burned. This mechanism ensures the deflation of $BBB, further enhancing its intrinsic value.
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