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GameFi Token TG.Casino Raises $4m After $45m Wagered As Whale Traders Buy

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NEW YORK, Dec. 15, 2023 /PRNewswire/ — TG.Casino ($TGC) has raised $4 million as its Telegram-based crypto casino goes from strength to strength after seeing more than $45 million wagered on the platform, with its presale heading for a sellout.

Total deposits on the casino, live events and sportsbook platform have surpassed $4.5 million, and the player count is nudging 3,000. Meanwhile, the number of subscribers to its Telegram channel has mushroomed beyond the 11,000 mark.

Competitor Rollbit is getting worried as it looks over its shoulder at the new upstart threatening to eat its lunch.

Forty percent of the total token supply of 100 million $TGC is on offer to the public in presale. The token price increases by $0.005 every five days until the hard cap of $5m is reached.

There are two days to go before the next increase, with the $TGC token currently priced at $0.185. The presale is now more than 80% completed.

https://x.com/TGCasino_/status/1735437411985789406

TG.Casino is shaping up to be the next GameFi crypto to explode, just like Rollbit. The new gambling and gaming ecosystem has a number of advantages over Rollbit, such as fee-free passive income from staking.

In addition, it is head and shoulders above Web2 legacy online casinos as far as onboarding and ease of use go. TG.Casino players can gamble easily using their Telegram account and a crypto-funded wallet to get up and running.

Furthermore, buy the $TGC token in presale and you can immediately stake your newly purchased tokens to earn a generous 158% (APY). There are also exclusive benefits for presale buyers active on the platform.

After launch NFTs will be made exclusively available to presale buyers, plus juicy rewards for high-roller presalers who invest $5,000 or more.

Whales are buying $TGC – maybe you should too

As the TG.Casino closes in on its hard cap goal of $5 million the rate of fundraising is accelerating all the time, so there really is no time to lose to lock in the lowest prices and avoid disappointment if the presale closes early.

Whale buyers are turning up in force to make sure they get a piece of the action. On December 7 one whale purchased 14 ETH worth of $TGC, which at the time was valued at $31k:

https://x.com/TGCasino_/status/1732883625916366878

The following day another whale turned up, this time putting down $56k worth of ETH (23.88) to secure their pot of $TGC tokens:

https://x.com/TGCasino_/status/1733246259245220113

Unlike many presales, TG.Casino already has a product in the market that is attracting users and generating revenue. If you are among the growing band of gamers already using TG.Casino, then you can benefit from the new referral program in which 10% commission can be earned on all invited players:

https://x.com/TGCasino_/status/1732791742515065312

And if that is not enough enticement to get involved in the casino, live events and sportsbook platform, there is also an airdrop, which the team announced on November 10 of 16% of the total token supply, taking place in four stages. Full details are available on Telegram.

https://x.com/TGCasino_/status/1726605371891204340  

TG.Casino is safe and secure –  licensed, audited, and KYC’d

TG.Casino is one of the few Telegram casinos that can boast a Curaçao gambling license, making it a safe bet for investors and players alike.

The project is also verified by Assure DeFi and was issued with its KYC certificate in November. The KYC certificate means the team member managing the verification application has passed rigorous and multiple ID checks –  a far more robust process than checking ID details on professional social networks like LinkedIn.

In addition, security firm Coinsult has conducted an audit of the project’s smart contract and no major issues were flagged.

Crypto media is lining up for the next big thing in GameFi

Leading crypto experts and analysts are cheering for TG.Casino as the next big thing in GameFi, presumably because they see the attractiveness of its many unique selling points.

Crypto influencers making a noise for TG.Casino include Eric Cryptoman, Poe, Sibel, Erik Stevens, CTM, CheatCoiner, Wizard of Soho and Dogen.

Indeed, Eric Cryptoman has invested his own money in the project, such is his commitment and belief, but do your own research.

A recent X post shows that he is confident that TG.Casino has what it takes to take market share from Rollbit:

https://x.com/IHunt100xGems/status/1725169763536589158  

TG.Casino’s buyback and staking rewards eclipse Rollbit

The TG.Casino platform has a unique buyback program that allows $TGC token holders to effectively share in the profits made by the platform.

A percentage of daily profits will be used to fund a buyback mechanism in which 40% of the allotted funds get burned and 60% to community rewards. The burn program is price-supportive because it increases the scarcity, and therefore the value, of the remaining $TGC tokens.

Meanwhile, those who choose to buy and stake today can earn 158% annual percentage yield (APY). Nearly 76% of all purchased $TGC has now been staked and rewards of nearly 5 million $TGC has been paid out. 20.2 million $TGC tokens have been staked. Total rewards paid out amounts to 5,764,906 $TGC at the time of writing.

The APY is set dynamically, depending on how much is deposited into the staking contract and the proportion held in each wallet.   

Rollbit ($RLB) hit its all-time high price on November 14 of $0.2957 but has since fallen to $0.1948. However, in line with other altcoins it has been pumping of late, up 19% in the past 24 hours.

Rollbit coin is up more than 20,000% since July last year according to Coinmarketcap data, so imagine how high TG.Casino‘s price could go, given its many advantages over $RLB.

Rollbit’s continuing success is indicative of the value being created in the crypto gaming sector. Blockchain technology is perfectly suited to provide the transparency and security required to assure trust ino online gambling products.

Although Rollbit does offer reduced fees for $RLB holders, and if token holders stake $RLB they are rewarded with entry into its lotteries, there is no passive income stream like TG.Casino’s.

Also, Rollbit has no high-roller rewards, providing TG.Casino with yet another competitive edge.

Presale high-roller rewards are enticing:

If you buy $5,000 or more $TGC tokens in the presale you will receive these major NFT rewards:

  • 50% staked tokens bonus from buybacks
  • 10% casino credits 5x wagering
  • 5% rakeback on house edge every week (double for $TGC)
  • Seasonal rewards
  • Commemorative limited edition NFT

The staked token bonus multiplies the staking rewards from token buybacks, which start when the token launches. Reward distributions begin when $TGC is launched.

There are two more high-roller reward tiers for players wagering $100,000 or more (Gold) or $250,000 or more (Diamond).

200% rakeback and 25% net cash-back for bets placed with $TGC – price could pump 100x

Helping to fuel user growth has been the 200% rakeback bonus of up to 10 ETH. Players are able to place bets across the TG Casino bot using top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and stablecoin Tether (USDT).

However, players betting using the $TGC token become eligible for a 25% cashback on net losses.

Net cashback on losses and the 200% rakeback bonus incentivizes buy pressure for $TGC while offering a chance to balance high-risk wagers with a layer of protection.

Keeping you in the game for longer, crypto gambling enthusiasts are now flocking to the TG Casino platform to make the most of their gambling balance.

Stay in touch with TG.Casino on its Telegram channel and X accounts so you never miss the latest presale news and product developments.

YouTuber Crypto V.O. has told than 300,000 subscribers, thinks TG.Casino will be ‘the next 100x presale gem’. With 16,000 having watched his video there are likely many more who now agree with him:

Is This the Next 100x Pre-sale Gem?

Another crypto YouTuber making a name for himself reckons TG.Casino could be the ultimate crypto game-changer.

Crypto media is taking notice too. Coinpedia, Business Insider, Cryptonews and Finbold are some of the financial media outlets covering the latest GameFi sensation.

With revenues already exploding, TG.Casino is one of the best altcoin opportunities for life-changing returns on investment from a relatively modest outlay, but FOMO is building so there’s no time to lose.

Media contact: [email protected]

Photo: https://mma.prnewswire.com/media/2302011/TG_Casino_4m.jpg

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Shanghai’s Lujiazui adds 5 global asset management institutions

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SHANGHAI, March 5, 2024 /PRNewswire/ — Five global asset management institutions, including Aspect Capital and Schroders Capital, have signed agreements to settle in Shanghai’s Lujiazui Financial City, said local authorities.

According to Xiao Jian, head of Lujiazui administration bureau under the China (Shanghai) Pilot Free Trade Zone, Lujiazui Financial City has so far attracted more than 8,000 financial institutions.

Lujiazui has become an important cluster for global asset management institutions in China. It now boasts about 80 percent of foreign-funded asset management institutions, 40 percent of foreign-funded corporate banks, nearly one-third of public fund management companies, and nearly one quarter of insurance asset management institutions of the total in the country, Xiao said.

More than 80 world-renowned financial institutions from 13 countries have established over 120 foreign asset management institutions in Lujiazui.  

“Lujiazui is an important gathering place and business expansion place for global asset management institutions in China. We are very honored to have the opportunity to join the Global Asset Management Partner Program. We also hope that through this signing, we can contribute to building Lujiazui into the core area of a global asset management center and accelerating Shanghai’s entry into the forefront of global asset management center cities,” Li You, Chief Compliance Officer of Aspect Capital (China) Limited.

Shanghai has made a great stride in pushing for financial openness and attracting more global financial institutions and investors. The next step could be to take advantage the special status of Shanghai Free Trade Zone and Lingang special area to develop an off-shore financial system, adopting the most advanced financial business models and regulatory regimes,” said Yan Hong, professor of finance of Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University.

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LAMPRO International Distributor Summit: A Feast of Gathering and Future Prospect

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-Focus On Pro, Pro For Mate

HUIZHOU, China, March 5, 2024 /PRNewswire/ — On March 2-3, right on the 20th anniversary of the establishment of LAMPRO, the International Distributor Summit was successfully concluded in Huizhou. With the theme of “Focus On Pro, Pro For Mate”, the summit attracted more than 200 partners from all over the world, sharing the industry trend and advanced leading technology. During the summit, LAMPRO held an appreciation award ceremony and signing ceremony as well for partners to co-build a partnership system and create a brighter future together.

At the summit, Sichuan opera performances, band shows, and other entertainment sessions created a warm and comfortable homey vibe, so that every guest fully enjoyed the process. One of our partners even took the initiative to sing on stage.

To share business opportunities with partners and demonstrate the vision of prosperous development, LAMPRO has elaborately planned the “Tree of Dreams” launching ceremony and the 20th-anniversary sand painting video. In the beginning, Chairman Tiger Lin thanked all partners for choosing Unilumin and LAMPRO, and he emphasized, “It is vital to choose the right brand and bind with it, which will help you become an outstanding leader locally.” Afterwards, Mr. Lawrence Liu, General Manager of LAMPRO, shared the development strategy of LAMPRO partner system. The project director introduced and demonstrated LMini and other major product series in details, which greatly boosted the confidence of global partners.

Furthermore, to thank partners for their support and seek mutual development, LAMPRO also held an awarding session, a signing ceremony, and a visiting journey to the Daya Bay intelligent manufacturing base on March 3, which demonstrated the industry-leading intelligent manufacturing capabilities of LAMPRO and high quality of products. LAMPRO sincerely expects to establish a closer cooperative relationship with global partners. Partners said that they gained valuable friendship and cooperation opportunities at the summit, and highly recognized the manufacturing strength and product capability of LAMPRO.

Meanwhile, elaborately arranged lucky draws pushed the atmosphere to a culmination, in which prizes included electronic equipment of well-known brands. At the end of the dinner party, LAMPRO prepared unique souvenirs, including the 20th-anniversary mascot of LAMPRO, hoping to leave an unforgettable impression on every guest.

Looking ahead, we expect to share greater joys of success with more partners in subsequent distributor summits, create a bright future and display a better world together.

Photo – https://mma.prnewswire.com/media/2354832/LAMPRO.jpg

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Aptoide launches campaign for a truly open digital market with new DMA website

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LISBON, Portugal, March 5, 2024 /PRNewswire/ — Aptoide, the pioneer in global alternative Android app distribution, has launched a new campaign website, Leveling the game, including an Open Letter from the Aptoide founders, to demand full compliance from gatekeepers with the EU’s Digital Markets Act (DMA) and to urge regulators to take further action against anti-competitive practices by digital gatekeepers. Since 2011, Aptoide has been a vocal advocate for fair competition in the mobile app market, consistently challenging the market dominance of tech giants like Google.

 

With the March 2024 deadline for complete DMA compliance from gatekeepers set for this week, Aptoide sees this as a critical juncture for achieving true fairness in digital markets. However, the company also points out that significant obstacles remain, particularly with Apple’s recent DMA-related proposals, which include the introduction of a Core Technology Fee (CTF) and restrictive terms that limit developers’ access to alternative platforms.

“Aptoide has always advocated for a digital marketplace where innovation thrives and fairness reigns”, said Paulo Trezentos, Aptoide’s CEO and co-founder. “The DMA is a landmark step in that direction, but it’s clear that some tech gatekeepers are reluctant to let go of their stranglehold on the mobile industry. We must continue to push for reforms that will truly level the playing field”.

Aptoide argues that Apple’s proposed changes mostly serve to preserve its market dominance rather than to foster genuine competition, maintaining control by imposing disproportionate fees on alternative app stores and discouraging users from exploring non-Apple ecosystems through complex installation processes and misleading warnings.

Álvaro Pinto, co-founder and COO of Aptoide, added, “We’re at a crucial moment where the actions of regulators will determine the future of digital markets. Apple’s half-hearted reforms under the DMA are simply not enough. We need to ensure that the spirit of the DMA is not lost in loopholes and half-measures”.

In response to these challenges, Aptoide calls on EU authorities to hold Apple accountable and to demand that they:

  • Eliminate or significantly reduce the CTF to reflect actual costs.
  • Offer developers the freedom to choose between distribution models without restrictions.
  • Simplify the app installation process for a better user experience.
  • Apply the CTF fairly across all market participants.
  • Remove misleading warnings about alternative payment systems.
  • Ensure the confidentiality of data from competing marketplaces.

Aptoide believes that real competition can only emerge if the EU takes decisive action to enforce open market principles, leading to a digital marketplace that values fairness and innovation. And that the fight for an open digital marketplace is far from over and requires a united front. That’s why the company urges developers, consumers and regulators to join in demanding more from both Apple and Google.

Aptoide invites all stakeholders to visit their new DMA advocacy landing page, Leveling the game, to learn more about the ongoing struggle for an open digital world and to join the movement against the outdated monopolistic tactics of dominant gatekeepers.

Read the Aptoide Founders’ Open Letter about the DMA and what we need for real digital freedom here:

Open Letter from the Aptoide Founders

About Aptoide

Aptoide is a game-changing app distribution and payment processing platform, with over 430 million users, 10 billion downloads and 1 million apps. Available on multiple channels including Android, Web, TV and automotive, Aptoide offers developers a trusted, experienced partnership with a deep understanding of all ecosystems.

Please contact: press@aptoide.com 

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