Gambling Dapp News & Dividend Report | Wink.org & Sportbet.one
I continue to closely follow both the Wink.org & Sportbet.one platforms and am bringing weekly updates on the news and the Returns they are providing...
Binance Chain Blink Update
The drops page shows that Blink now is at a -1537.626 BNB loss or 352k Dollar which could add up even more if BNB continues to moon during this bull market. I'm not sure how they will play this but I can see a scenario where the Blink token (trading on Pancakeswap) might start getting dumped since it doesn't give dividends right now. At some point it will probably be too cheap and I don't see them stopping the development of the platform so there might be an opportunity there even though I'm not that much into gabling tokens that can be mined.
WIN Dividends
The Dividends were up a lot in the last report but came all the way down again this week with an average daily payout of around 48 TRX for freezing 23 Million WIN good for 'only' 0.33% weekly returns. This does indicate that the WIN price is likely to correct down again a bit more in the coming weeks if the dividends do not reach higher levels again.
The 100-day average payout for 1M WIN still ranges around 0.10$. Right now I'm just holding on to my WIN despite seeing the price drop a bit. If if ever gets to a zone where it becomes a buy again, I might rebuy the 2M I sold last on the pump. Right now it also is at a record low frozen WIN with around 10% of the total supply getting dividends.
SPORTBET.ONE News & Dividends
The dividends so far remain quite stable even though the number of active bettors remains rather low. I don't think that those who are using the casino are counted in the leadrboard.
The price in dollar on SBET dropped -21% similar to the rest of the crypto market last week. The dividends however are still around +0.919% weekly despite the number of users that took at least 1 bet dropping down some more.
I continue to track my personal weekly passive earnings currently holing 23M WIN / 740K SBET / 10k TRX / 2271 RAKE which is my gambling dapp portfolio right now. My goal is to get these to above 50$ weekly on average Still 43 weeks left this year and I'm looking forward to seeing how it will all unfold. I'm also still interested in adding another gambling dapp that pays the losses from the gamblers using the platform to those holding a token that can't be mined but haven't found another good one just yet.
I'll be back next week with another update...
|
|
|
Posted Using LeoFinance Beta