π¨Introduction to Fullhouse.gg & $FH
The Web3 Gaming Platform Where You Are Part of The House
Last updated
The Web3 Gaming Platform Where You Are Part of The House
Last updated
Fullhouse.gg, a leading crypto casino and sports betting platform started in 2021 and launched in 2024. It has garnered over 30k active users and 10.5 million bets, offering a true top-notch user experience, and offer users a novel way to become part of the house (and its upsides). Wherein platforms like Stake.com create revenues in the billions of dollars each year, they accrue such value only to the few shareholders they have. While Stake does not offer a native token, it is one of the three largest web3 corporations and creates tremendous value in the market, some even note that almost half of the transactions in web3 are in some way related to gambling (source).
While this market is growing exponentially, there have not been many casino eco-systems able to accrue value to a token-based community. With aligned incentives and redistribution of wealth instead of accrual to the few at the top. Fullhouse aims to solve this problem and provide every user opportunities to participate in the growth and monetary gains of the platform. Players who join Fullhouse refer to their former casinos as having poor user experience, mediocre bonusing or native tokens that don't directly enhance their gaming experience. The Fullhouse eco-system runs by the GMX/DyDx playbook, wherein you can not only earn a portion of platform revenues (fees), you can also decide on business decisions together with the core team. The token is designed to grow alongside the platform, with value accrual that scales with platform use-age. As such, there will be several exciting token utilities such as:
$FH will be used as a wager asset
$FH will have a buyback-and-burn
$FH holders can gain early access to new features, exclusive bonuses and much more
$FH will be lockable for native rewards in ETH, BTC and any other currency Fullhouse supports, based on monthly platform revenues.
$FH will provide any holder rights to vote on decisions and proposals through FH DAO.
FH will embark on its distribution path by reaching out to the primary user base of Fullhouse. Over the upcoming years, 28% of the FH supply will be disseminated through airdrops to the Fullhouse community, with three distinct airdrops designed to encourage platform engagement. The initial airdrop will constitute the largest portion, comprising 2-6% of the overall token supply. Just note that FH will make sure the platform generates enough NGR each month to offset such an unlock with buy-backs. TLDR:
fullhouse.gg platform launched on May 1st 2024, with the Airdrop 1 snapshot for FH to be taken later in 2024.
Ticker: FH (L1/L2 TBD)
Initial Circulating Supply: 11,000,000 FH
Total Supply: 100,000,000 (50M after burn)
Max Supply: 100,000,000 (50M after burn)
Fullhouse will distribute $FH tokens to the community in 4+ separate airdrops, with Airdrop 1 containing 4-6% of the total supply.
FH will launch as a wager asset, with a buyback & burn and exclusive bonusing / VIP privileges & DAO voting rights.
Links to external websites for information and trading of FH will be going live throughout the launch of the token.
$FH token will be tightly integrated with the core platform, reward the most active users, build the community, and take the player experience to new heights. The token is designed to grow alongside the platform, with value accrual that scales as Fullhouse makes the journey to being the premier crypto casino.