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V.Dollar (V$)

What is V.Dollar V$?

V. Dollar (V$) is our utility token and comply with BSC20 token protocol. When the game launches, V$ will be pegged to USD to reflect its value. 1 V$ equals to 1 USD. V$ is the only game token players can use to play all sorts of poker games and entertainment games, such as Texas Cowboys and Lucky Draw.
V$ can be converted into BUSD directly. Once players complete the game and wish to exit, they can choose to withdraw V$ to their wallet and convert to all major crypto currencies via Binance exchange and other DEX on BSC network such as Pancake Swap (https://pancakeswap.finance/) or Bitmart (https://www.bitmart.com/en).
Please be aware, from May- end of June, 2022, it is the testing period of the game platform, so we have only have limited numbers of games offering, mainly turbo MTT and Texas Cowboys. Also, I would like to draw your attention to the difference between Play V$ and Real V$.
To Kick start the game with, we will make sure V$ is peged to BUSD as the token will be on BSC smart chain. BUSD seems the most reliable assets for now , way better than UST and USDT. Then gradually the game will be switched to a combination of both PLAY V$ and REAL V$.
How to get REAL V$
There are two ways to get REAL V$:
  1. 1.
    Using BUSD to top-up will give you REAL V$ directly , that means you can withdraw anytime you like and no limit on the amount of withdrawal.
  2. 2.
    Using PLAY V$ to earn REAL V$. By participating any PLAY V$ game, the profit won from the game ( could be the prize from the MTT or the profit from your cash game play) will be credited to your account as REAL V$. At the start of the game, due to the workload, there will be some restriction on withdrawal , but we aim to lift the restriction in Q3 of 2022. That means all REAL V$ earned from the game should be able to withdrawn at your will.
  3. 3.
    In addition, REAL V$ will also carry utility token functionality, that's if you pay rake or transaction fee with V$, you get certain discount, so it works like BNB. Once we reach that stage of REAL V#x27;s immediate deposit and withdrawal, we will let V$ appreciate or depreciate following market dynamics, but to do that, we will ensure we already have enough players and enough liquidity pool and it will be an inflationary eco-model we deploy, so I expect the V$ to increase its value more and more as the total volume is fixed but with more players into the game, the demand will go up and up.

How to earn PLAY V$?

  1. 1.
    Most of the V$ will be gained via NFT staking. By staking at least 2 of your NFTs you will receive V$ on a daily basis. The APR will adjust based on the change of NFT floor price.
  2. 2.
    Staking V$ to earn V$. APR is also dependent to the NFT floor price.
  3. 3.
    We will giveaway 500 V$ to every NFT holder if they have bought their NFT(s) before the game launch. NFTs bought after game launch are not entitled to receive the giveaway but holders can always stake your NFT at any time to earn certain APR rate.
PLAY V$ and REAL V$ will be separately displayed in player account
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What is V.Dollar V$?
How to earn PLAY V$?