What if PrimeDice launched its own coin? PDC

[Chikou1306 192]

primedice has been around for a long time now ! and it has one of the biggest backgrounds in bitcoin gambling world, some other sites could start other projects besides crypto gambling gambling by launching their own crypto coins, or at least crypto tokens, some are working on ! and here the question came to my head ! why didnt PrimeDice start its own project ? it will be great to see a primedice coin in the markets, the game will be more funny ! and of course, it will be a good business for the admins to make their projects larger.

i really wanted to see PrimeDice much more than a dice site that we use to gamble, and to spend our times rolling the dice, i want to see a bigger community ! a better project that makes primedice taking the lead again in crypto gambling ! in my personal opinion , a primedice coin wont be a bad idea, and they will lose nothing if they started it as a token inside the site ! lets say they can make a faucet back where you can claim only tokens to try the site ! and if the project is good enough then you can release a coin and put it in the markets !! 

of course as players we will do our best to support that coin if that ever happened ! it is still just my opinion ! 

what do you guys think if there was a PrimeDice coin ( PDC ) ! will it be a successful project ? 

 

[UltraChief 1,473]

Success of any altcoin project depends on:

• 1. The utility of the coin
• 2. The market demand of the coin

Now how do you expect such a coin to have either of these? The utility is playing here, but that can be done very well by any other coin which currently has liquidity on the market.

Some casinos did their own ICOs but they have never been bigger than that yet.

 

[Chikou1306 192]

6 minutes ago, UltraChief said:

Success of any altcoin project depends on:

• 1. The utility of the coin
• 2. The market demand of the coin

Now how do you expect such a coin to have either of these? The utility is playing here, but that can be done very well by any other coin which currently has liquidity on the market.

Some casinos did their own ICOs but they have never been bigger than that yet.

 

but at least they can start an inside token which allows players to use only inside the site as a premium project ! and of course they wont be able to exchange or withdraw it ! only to play with . and for the long term it may be a successful project ! its only an opinion  

[Sokah 47]

19 minutes ago, UltraChief said:

Success of any altcoin project depends on:

• 1. The utility of the coin
• 2. The market demand of the coin

Now how do you expect such a coin to have either of these? The utility is playing here, but that can be done very well by any other coin which currently has liquidity on the market.

Some casinos did their own ICOs but they have never been bigger than that yet.

 

The utility can lead to a demand of the coin if they (players) keep winning big. If they want to exchange it for others coins it would eventually help to add the pd coin in some trades sites for an exchange with lower fees, and of course, if people keep trading the price will increase and more people will want to buy it to play here.

[nolep 168]

in my opinion this project will be very successful but it is better not to just pdc because primedice has a sibling namely stake. so making coins that are used on both sites because I see there are a lot of players on both sites so there is no harm if the owner launches a coin because it has the possibility of success if everyone who plays must use the coin.

[policewale 61]

Wow! I think this Idea has a potential. I think having PDC is nice specially that it comes with new games or events. I will look forward to this Idea, I cant wait for the day that this will be trending ^^ 

[nolep 168]

6 hours ago, policewale said:

Wow! I think this Idea has a potential. I think having PDC is nice specially that it comes with new games or events. I will look forward to this Idea, I cant wait for the day that this will be trending ^^ 

Hopefully this coin will be made right, I think there will be many interested people to have it. One way to promote it is by requiring that all who want to have this token have an account in stake and then the primedice must complete 100 $ wagered. I think this will be very beneficial for stakeholders and primedice because there will be a lot of new players coming and then they will definitely be at home playing and not wanting to stop.

[Jelanstream 76]

I don't know if Primedice add token because they are already popular no need to create own token to pursued people 
also if they add token there's a lot of poeple who playing but didn't deposit because of coin. like I see on other gambling site
they have more that 130+ billions bet but 60% of that bet is maid by token. 

[Chikou1306 192]

6 hours ago, Jelanstream said:

I don't know if Primedice add token because they are already popular no need to create own token to pursued people 
also if they add token there's a lot of poeple who playing but didn't deposit because of coin. like I see on other gambling site
they have more that 130+ billions bet but 60% of that bet is maid by token. 

as i said, they can start the project as an inside token, players wont be able to exchange, withdraw or do anything with the token, they can only play for fun as a first step, if they noticed any activity they can take it to another level.

[nolep 168]

8 hours ago, Jelanstream said:

I don't know if Primedice add token because they are already popular no need to create own token to pursued people 
also if they add token there's a lot of poeple who playing but didn't deposit because of coin. like I see on other gambling site
they have more that 130+ billions bet but 60% of that bet is maid by token. 

of course if primedice wants to get a bigger profit they can make the coin to compete with other coins. This coin is one way to get it can only be bought in the market, so there is a possibility the price is better than other coins.

[sheenaz.bay 442]

Some online gambling sites release their own coins, but can only be used on the site itself, and usually there is a race for these coins, but the coins cannot be withdrawn, can only be exchanged for other coins if there are already many. maybe it's a good idea if primedice makes its own coins that can be claimed per 15 minutes, XD

[sourc3code 206]

I guess they always could, however from what I've seen on other gambling sites what ends up happening is the internal coin replaces real coin faucets/reloads which I am definitely against. Trading real coins for ones with no actual monetary value is a downgrade and it would cause me to play at PD significantly less. If you want to see how garbage it usually turns out when gambling sites create their own coin, go take a look at Btsler and luckygames. Both examples are more than enough reason to keep things the way they are, imo.

[Chikou1306 192]

17 minutes ago, sourc3code said:

I guess they always could, however from what I've seen on other gambling sites what ends up happening is the internal coin replaces real coin faucets/reloads which I am definitely against. Trading real coins for ones with no actual monetary value is a downgrade and it would cause me to play at PD significantly less. If you want to see how garbage it usually turns out when gambling sites create their own coin, go take a look at Btsler and luckygames. Both examples are more than enough reason to keep things the way they are, imo.

thats exactly what i was talking about ! they can start their coin to replace faucet, and of course to make new players test the site and their own strategies, they wont be able to transfer or make any profit out of that coin, and if they decide to play for real then they will have to deposit... i dont think its a bad idea, is it ?

[policewale 61]

I think its nice if they'll create a token for test bets, and/or for other games like, if you accumulated a certain number of token you'll be able to enjoy VIP perks for a day or so. 

[Chikou1306 192]

37 minutes ago, policewale said:

I think its nice if they'll create a token for test bets, and/or for other games like, if you accumulated a certain number of token you'll be able to enjoy VIP perks for a day or so. 

i really think its a good idea ! but i dont believe they will apply it ! they are removing the site slowly ! thats what i really think ! i am afraid of that point !

[Dboyeric 249]

I think primedice already has its own coin which is the forum credit.

[bananas 4]

I personally think that is very likely to happen, similar to real life casinos in which where you can to exchange your money for chips, I think it would be good and would add more gambling feel if ever that happens.

[MrNice23 445]

On 10/01/2020 at 21:47, sourc3code said:

I guess they always could, however from what I've seen on other gambling sites what ends up happening is the internal coin replaces real coin faucets/reloads which I am definitely against. Trading real coins for ones with no actual monetary value is a downgrade and it would cause me to play at PD significantly less. If you want to see how garbage it usually turns out when gambling sites create their own coin, go take a look at Btsler and luckygames. Both examples are more than enough reason to keep things the way they are, imo.

Totally agreed @sourc3code, if Primedice create its own coin it will replace the real coins so instead playing with BTC or ETH, we gonna spend our time trying to make some PDcoins in order to convert them into coins who has a real value in the crypto market. Well that's one the reasons i don't play in such sites like Bitsler, lucky games for e.g

[DarkBlood096 61]

It might appeal to those who have spent most of their time here rather than Stake. I would love to see them release it and give it away according to how long you have been with primedice as well as how much has been wagered. But I don't see it overall being a successful instalment to primedice. However if it gains some more long term appeal, there you might have a reason to release their own coin.

[@zulfandina 209]

seems like a pretty good idea.
I think if primedice releases its own coin even though it can only be used in primedice. through this coin the admin can later hold a match with btc prizes. I think this can be used as a promotion

[Chikou1306 192]

3 hours ago, @zulfandina said:

seems like a pretty good idea.
I think if primedice releases its own coin even though it can only be used in primedice. through this coin the admin can later hold a match with btc prizes. I think this can be used as a promotion

but it need a very large of a bankroll to start this project ! we're not talking about few thousands of USD ! it costs millions to launch your own coin and to be acceptable in the markets ! i think they are doing fine with the casinos , they dont have to risk their money on a project that might be failed !

[@zulfandina 209]

On 03/05/2020 at 18:02, Chikou1306 said:

but it need a very large of a bankroll to start this project ! we're not talking about few thousands of USD ! it costs millions to launch your own coin and to be acceptable in the markets ! i think they are doing fine with the casinos , they dont have to risk their money on a project that might be failed !

I only say that this main coin can only be used in the prime itself ... not to be traded in market share, but through this coin, the primedice party can use this coin to create a kind of challenge among gamblers using this coin, and prizes in the form of bitcoin or other coins.

[Chikou1306 192]

21 hours ago, @zulfandina said:

I only say that this main coin can only be used in the prime itself ... not to be traded in market share, but through this coin, the primedice party can use this coin to create a kind of challenge among gamblers using this coin, and prizes in the form of bitcoin or other coins.

then they need to enter the markets ! ig they started an inner project then we can exchange it to crypto iside the side it will cause a damage to the site, because people will stop depositing and claiming it to exchange later !

[@zulfandina 209]

On 06/05/2020 at 00:44, Chikou1306 said:

then they need to enter the markets ! ig they started an inner project then we can exchange it to crypto iside the side it will cause a damage to the site, because people will stop depositing and claiming it to exchange later !

no, they will not enter the market. This coin will only be used in primedice. It seems like you don't understand what my words mean.
if primedice makes its own coins, it's only used in primedice. and not for sale. This coin can only be used when primedice holds a wagering competition, the most number of balances, and so on. and the winner will be given a prize with bitcoin. so this coin is only a means, a tool. not for trading.

[BidaManEris 6]

I don't think this would happen. It is much more likely to happen on Stake now, if ever Eddie would consider to grab an another step to making his business grow by reaching the actual cryptocurrency trading platform.