Exchange: Uniswap, ForkDelta Coin: Blockchain Ascertained Gambling System (BAGS)
What is it? The idea is very simple - bet on anything against one another. Literally anything goes. As long as the result can be verified by an oracle service, the bet can be made.
• The BTC Price • The DOW • E-Sports • Elections • Professional & Amateur Sports
• Northeastern Blockchain Engineers • Top 30 crypto advisor
Time to Buy? It’s currently way cheaper to obtain the token as the cheapest price on ForkDelta & Uniswap before they list on tier 2 exchanges in the coming Quarter 3 of 2020
* Realize the potential here, it’s not on any other exchange other than Uniswap and ForkDelta if Binance or a big exchange picks this up and your talking $$$. People in the BAG group are crying it’s so cheap.
Looked like dog shit at first. But reading the smart contract and tokenomics, this is looking damn good.
Shame they had to go with the ticker BAGS but still throwing some shekels at this
Ayden Smith
10k MC? site looks good, definitely not another wordpress template. ok, user, i'll bite.
Benjamin Johnson
can you give me a TLDR of contract?
Adrian Lee
Set slippage to 2%, was able to grab a BAG
Lincoln Carter
1/6 chance to win 50% and 1/6 chance to lose 50% on each transfer, correct? am i reading it right, user?
Leo Wood
From what I understand this is how the current tokenomics work:
- SELL FEE = 9% : 8% - BURN 1% JACKPOT FEE
- BUY = 1/6 chance of winning 50% of your buy amount + 1/1000 chance of jackpot (if you buy the minimum) + (1% JACKPOT FEE)
- TRANSFER: 1/6 chance of +50% + 1/1000 chance of jackpot (if you buy the minimum) + 1/6 chance of -50% + (1% JACKPOT FEE)
- Jackpot is 1% of all the transfers/buys/sells. When you make a transfer you have a 1/1000 chance of winning it. Once won, the jackpot resets.
- Must keep at least the balance you transferred in your address to be eligible to win anything
So if I transfer 1k to myself but then move it to another address, I am no longer eligible to win (I can lose though, if I still have anything left in the address)
Kevin Butler
ok, it's more complex than i thought but i got the general idea. thanks, anonfren. a novel idea. maybe we finally found something good on uniswap kek
Angel Price
Goddamn this contract is brilliant, who tf coded this?
Joshua Wilson
telegram t.me/projectBAGS
Aiden Johnson
interesting, possibility of abusing the jackpot with TX spam?
Christopher Gomez
Sure, go ahead and send 1000 transactions at $2 each
Brandon Bennett
Looks like it, interesting shit
Henry Rivera
kek yeah, figured out thats a no go.
Juan Brown
At this stage? Not worth it from my calculations.
Anthony Campbell
its mintable. ONE BILLION TOTAL SUPPLY
Lucas Stewart
That would cost more in gas than the jackpot prize would be, if successful
there's a 1/6 chance to win half the amount on each transaction. i guess they mint the rewards. where else would they get them from?
Eli Phillips
but what you are buying RN will have TEN TIMES that amount of new supply created.
Sebastian Long
right but the price rn is based on a 100,000,000 supply not 1,000,000,000
Blake Moore
What are you talking about, there is no indication that ten times the current supply will be created. In fact since chance of winning = chance of losing (on transfers) the supply should stay the same
Parker Taylor
but so many will be getting burned
Joseph Johnson
How did 30M get burnt already? the price will jsut keep pumping lmao
Nathaniel Torres
Same chance of getting burned also.
Landon Sanders
Thats literally the worst name and website for a scam shitcoin you deserve to lose money.
