EpicDice might be what you are looking for if you ever felt that you missed out on the good opportunities of KryptoGamers and MagicDice. The latter was obviously trash for everybody in the long term, but it's impossible to deny that several of the early adopters made huge profits due to the dividends.
One could say that I am an early adopter of EpicDice, the most transparent STEEM gambling dApp out there, but the truth is that everyone would be early as they've distributed only 4% of the supply so far.
1 STEEM = 100 EPC and the distribution rate will be halved for each 10%, so in about 6%, you'll earn 50 EPC for each 1 STEEM.
Some of the coolest things with EpicDice so far, is that you can both buy and sell tokens on steem-engine, but you can also gamble with your tokens directly on the site. In a winning scenario, you'll get 95% of the tokens back and the winnings in STEEM. In a scenario where you lose, 100% of the tokens will be lost and burned, which basically means that you either burn 5% or 100% of the tokens whenever you gamble for tokens.
Since they made it official, 12 days ago, that you can gamble with tokens, they've paid out more than 947 STEEM and more than 13.000,000 tokens have been burned. This does not only decrease the total supply of the tokens, it also, eventually, can and most likely will increase the value of the EPC tokens further on!
12900 STEEM has been paid out to token holders since the launch of dividends, (approximately 2 months ago), and I have personally received 312 STEEM so far. I have also, since today, become a moderator in the Epic Dice discord channel. They are still looking for Korean and Japanese moderators, and you can apply here.
Are you not into gambling, but looking for a potentially good investment? I say potentially, because there's always risk involved in any type of investments, (while the risks with delegation are minimal), you can buy EPC tokens on Steem-engine and get a share of the dividends on a daily basis. Or, in case you want to invest with the least risks there is, delegation might be what you are looking for.
Every 1 SP delegation earns 2 EPC daily. It takes one day for the delegation to be effective in order to receive the dividend from the moment of delegation. - For quick delegation links, check the bottom of any
articles.
Now, I know that 1 million EPC tokens or 100 STEEM might sound like a small fortune for some, but I only took 1 million tokens as an example, as it is easier to use that amount of tokens to calculate a somewhat accurate payout in STEEM.
You see, I have about 10 million EPC tokens and I have been paid 312 STEEM at the point I'm writing this. So a rough estimation would be 30 STEEM if I had 1 million tokens instead...
Note that this is the total amount of dividends I would've got in approximately 2 months. So, if I had bought 1 million EPC 2 months ago, I would've got roughly 30 STEEM so far.
Also, what you need to keep in mind, is the increase in users and stake during that time, so I have been paid larger amounts these last few days (weeks). A guesstimation would be that it would take about 2 weeks at this current pace to reach 30 STEEM with 1 million EPC.
That said, there are options for non-gamblers with EpicDice too!
While I'm talking about the options for non-gamblers, I might as well talk about the referral program. This is obviously not only for non-gamblers. This is for everyone who's interested in earning a passive income for referring others. - Icing on the cake, so to speak!
You get 10% of the house edge from referred users and one of the coolest things about the referral program is that anyone can sign up using your link, and they can change their referral at any point in time by using another referral link. - Sounds weird?
Let me explain this in a different way:
- User A signs up under my link.
I get 10% of the house edge from User A, as long as User A does not use another referral link.
- If and when User A wants to use another referral link, he simply use User B's link and User B will start to receive 10% from the house edge due to EpicDice's unique one-day lockdown mechanism. Meaning, I will not receive anything more from User A after he has changed referral link.
- All the referral bonuses are paid on a daily basis.
How Cool Is That?!
I haven't mentioned the Daily Bet Contest where you can win prizes in forms of EPC tokens, because truth is, you'll find out in case you're going for it or not. It's as easy as gambling, but you need to wager a lot of STEEM to have a chance of an additional chunk of tokens.
I will, however, mention the Prize pool for token gambling. Like stated earlier, you can gamble with tokens on EpicDice. At the current time 100,000 EPC is worth 1.042 STEEM (affected by amount burnt & halving). If you place a bet of 100000 tokens at "under 95" for instance, you'll get 95% of your tokens back and 1.086 STEEM if you win. The 1.086 STEEM comes from the Prize pool, which is topped up with 3 STEEM every hour. The cap is set at a maximum of 300 STEEM in the prize pool, but it usually drains quickly after it reaches around 30 STEEM right now.
I love STEEM, I love gambling and I love the superb opportunities of passive income. EpicDice seems to be a perfect match for me and I will continue to gamble, acquire tokens and receive dividends for being an investor. - What about you?