About RouletteToken

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RLT Price: $0.00

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Market Stats

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Additional details

Market details

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Tags

Network & Addresses

Network
Address

Ethereum

0xcCeD5B8288086BE8c38E23567e684C3740be4D48

Price history

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Today
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1 Day
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1 Week
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1 Month
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1 Year
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FAQ

RouletteToken (RLT) is a digital asset that operates on the Ethereum blockchain. It is an integral part of the SmartPlay.tech platform, which aims to provide a transparent and provably fair gaming experience. The platform's flagship product is a blockchain-based European Roulette game, where the RLT token plays a crucial role. The token is used to compensate players for their participation and to distribute dividends among token holders. The total supply of RLT is approximately 11.87 million, all of which are in circulation. The token's value and supply are intrinsically linked to the activity on the SmartPlay.tech platform, making it a unique representation of the platform's performance and user engagement.

RouletteToken operates within the SmartPlay.tech platform, which uses Ethereum smart contracts to automate gaming processes. When a player places a bet in the platform's European Roulette game, RLT tokens are generated according to a specific formula. The tokens are then distributed to the player's Ethereum account, regardless of the game's outcome. This system allows players to become co-owners of the platform, as holding RLT tokens entitles them to a share of the platform's profits. The token's functionality is not limited to the gaming platform; it can also be transferred between Ethereum network addresses, making it a versatile digital asset.

The primary use case for RouletteToken is within the SmartPlay.tech platform, where it serves as a compensation for player participation and a means of profit distribution. Players may receive RLT tokens as compensation for their participation in the platform's games, and these tokens can then be held to receive dividends from the platform's profits. Additionally, RLT tokens can be transferred between Ethereum network addresses, allowing them to be used in a variety of ways outside the platform. For instance, they could potentially be used in other Ethereum-based applications or RLT tokens may be exchanged within the Ethereum network.

RouletteToken was created as part of the SmartPlay.tech platform, which was developed by a team of blockchain enthusiasts with over four years of experience in the field. The platform's flagship product, a blockchain-based European Roulette game, was launched in beta, and the RLT token was introduced to compensate player participation and distribute profits. The token's supply is linked to the volume and quantity of games played on the platform, ensuring that its value and supply reflect the platform's performance and user engagement. The platform conducted an Initial Coin Offering (ICO) to distribute a portion of RLT tokens, which aimed to support further development.

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