The project offers casino gaming and DeFi capabilities in a captivating blend.
Introducing Slam Token
Slam Token is the first project that will incorporate all of the useful features of DeFi and casino gaming into one platform called the Slam Token, also dubbed the SLAMAZON of Binance Smart Chain powered by Decentralized Finance (DeFi).
What is Slam Token?
Slam Token is a revolutionary BSC-based project incorporating both worlds of DeFi and casino gaming. The project has successfully launched three of its products in just the first month of operation—projects including Slam Charts, Slam Swap, Slam Vegas, and Slam Crash.
The platform aims for the comfort and enjoyment of its users by implementing simplicity to sophisticated systems like its swap platform – Slam Swap – and fun activities through its gaming systems while expanding the earning abilities of users.
Key Features
Slam Charts
Slam Swap
Slam Casino Gaming, including Slam Vegas and Slam Crash
Bankroll Investment
Project Components
Slam Token majorly targets the improvement of already established systems in DeFi, an aggregation of all of these systems housed under one platform – the Slam Token ecosystem and simplicity of operation, which will drive the needed adoption and utility.
Slam Charts
According to the Whitepaper, Slam Charts is the 2nd product after Slam Swap launched in the first month. It’s an integral part of the Slam Token ecosystem created to serve users.
The fork of TradingView is entirely free, unlike PooCoin, which only allows specific access to premium users. In Slam Charts, users will be given access to;
Track whale wallets
Convert any crypto or fiat and see the token’s actual USD value on charts compared to BNB value.
Swap across different chains using the integrated Slam Swap platform on the chart (coming soon)
Receive push notifications
On the left-hand side of the chart, users can also see the market cap data and LP amount in USD for V1 & V2. By maintaining the free mode access of the charting platform and becoming the go-to tool for all traders, Slam Charts will keep up its revenue through ads and paid collaborations. However, this will not affect the smooth user experience assured by the team.
The platform will carry out the following;
Add all cryptocurrencies into the database, starting with Uniswap tokens and further expansion of the library.
Stop loss and take profit features will be added alongside the integration with Slam Swap.
Alert tool for brand new tokens listing on BSC network
Whale Radar will be implemented for any token, exchange, or blockchain. Ability to directly copy trade whale wallet transactions.
The team has assured users of the release of the IOS and Android version of the Chart Tool during the mid-part of June.
Slam Swap
The Slam Token team is trying to improve upon some of the issues PancakeSwap had in their recent migration. This is currently the number one priority for the team, who want to ensure their user base does not encounter any of the same issues.
For example, in Slam Swap, users will be able to swap without searching tokens via contract address. The integration of the following features will enable a smooth experience for users:
Auto-Slippage (All coins WIP)
Auto-Router Selection (V1-V2)
Simplified UI
Auto-Language Detection
Understandable Errors (Soon for all errors)
Token Bridge across blockchain and not just BSC
There are over 1000 tokens added with their listings already updated. The platform will automatically detect the version where liquidity is available for tokens. This will take away the complexities and commands encountered in the PancakeSwap platform. The team has also hinted at the creation of its own router in Q3.
Further plans include:
The integration of an analyzer tool for all tokens on Slam Swap. It will provide data on the selected tokens, holder count, social media following, whale holder details, audit reports, LP info, basic contract scan, and more. This will further reduce the impact of scam tokens prevalent in the chain as project owners will be able to add and verify information on their analyzer score.
Automatic addition of tokens through Slam Swap cross bridge.
Cross-chain bridge, with swapping between Slam Token and Ethereum as an example.
Slam Casino Games
Slam’s first casino offering was the crash game Slam Crash, followed by Slam Vegas. Slam Crash has been live for over one month, and the casino stats are eye-catching. For now, the crash game is under maintenance for version 2 and should be live again within the next two weeks.
Here are the stats so far for Slam Crash
Registered Users: 2.615
Total Bets: 1.631.048
The leading player has won more than 30.000 USD
More than 25M USD wagered in one month
A few days ago, the developers also announced that Slam Token signed a deal with a gaming provider for Slam Vegas where they will offer the following:
Blackjack (+Live)
Roulette (+Live)
Baccarat (+Live)
Slot Machines
Live Games (such as Crazy Time.)
Launch of Slam Vegas;
Invite-Only Launch: 20th of June
Full Launch: 27th of June
Bankroll Investment
With the launch of the Slam Vegas platform, there will be the launch of the Bankroll investment, a unique model for Bankroll profit. The investment will be made either in BNB or USDT and will be locked for 30 days, after which it can be withdrawn at will. For further information, check the Whitepaper section on Bankroll Investment to get full details.
Slam Token Updates
Slam Token has been listed on WhiteBit as of Monday, June 14th. This is Slam’s first CEX listing – but it will most definitely not be the last.
Slam Token has also partnered with SavePlanetEarth Token to help fund nurseries in Kandy, Central Province, Sri Lanka. The partnership is for a good cause, a special event in Slam’s casino where the proceedings will be donated to the charity.
Tokenomics
SLAM Token Total Supply – 1,000,000,000,000 $SLAM
Presale: 300,000,000,000 $SLAM
Locked Liquidity: 225,000,000,000 $SLAM / Until April 2022
Burn Wallet: 245,000,000,000 • Initial Burn: 125,000,000,000 / Burned
Manual Burn: 120,000,000,000 / %50 Burned
Casino Bankroll: 150,000,000,000 / Vesting Schedule – %50 Still Locked
Dev/Marketing/Team: 74,000,000,000 / Vesting Schedule – %50 Still Locked
TechRate Contract Audit
SLAM Token Smart Contract
Locked DXSALES Wallet
SLAM Token has both reflectionary and deflationary properties. There is a 10% transaction fee to buy or sell $SLAM. 5% goes to the liquidity pool, while 5% is redistributed to SLAM holders. This ensures that holders are always rewarded while the LP is being supplied liquidity with each transaction.
Roadmap
The following are the plans for the next 4 quarters;
Q2
Exchange Listing
Slam Crash V2
Slam Charts Mobile Apps
Slam Vegas and Bankroll Investment
Token Collaborations
Q3
Rebranding
Slam Swap V2
Aggressive Marketing
Las Vegas Billboard Advert
Q4
Slam Vegas Exclusive Tournament
Certik Audit
Token Collabs
Q1 2022
Slam Swap Bridge
Major Exchange Listing
This month is packed with the launch of the core feature Slam Crash V2, which is currently under update. Slam Vegas and Bankroll investment, new partnerships, and starting Q3 are also on the slate. There will be aggressive marketing of the platform and its token, and the roadmap is packed with exciting plans for the project.
In Conclusion
One platform embedded with DeFi attributes and a casino platform with simplicity at its core could strongly attract the BSC DeFi community. The casino industry is a multi-billion dollar investment; having one around in the blockchain under the scalable platform of BSC will expand the global reach of cryptocurrency technology.
Source : bsc.news
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