ChainCade

According to its whitepaper, ChainCade was created as an idea that a crypto project should be fun and rewarding at the same time. Therefore, ChainCade seeks to create a one-of-a-kind blockchain gaming ecosystem to benefit the creators and players. The platform intends to be sustainable, open, and, most importantly, fun and rewarding for the user. By utilizing an innovative blend of blockchain, VR (Virtual reality), SDKs (Software development kit), NFTs, and mobile applications, this network claims its full-scale ecosystem provides a sustainable and robust platform for players and creators alike.

The network seeks to use these tools' power to create a metaverse for those playing and creating it. The metaverse is an idea of an online, virtual, 3D-space linking users in all aspects of their lives.

CHAINCADE is the native token of the ChainCade network. A BEP-20 token launched on the Binance Smart Chain (BSC). BEP-20 is a token benchmark on BSC. The Binance Smart Chain is a blockchain network created for operating smart contract-based applications. As per the document, 10 percent tax on each transaction is utilized to help the longevity and progress of the project. Out of this tax, 4 percent is for holder redistribution, 2 percent for automatic LP, and 4 percent for the gamer wallet. A liquidity pool is a group of funds locked in a smart contract. Liquidity pools are utilized to promote decentralized lending, trading, and other functions.

Further, the network claims that all the games available on their platform charge no cost to play. However, only those who hold ChainCade tokens or ChainCade NFTs have the advantage of winning tickets and prizes. Furthermore, the network seeks to assure security, decrease gas fees, and develop an open platform. For that, this platform utilizes an account system for players. Signup only requires a Web3 wallet (Metamask and Trustwallet officially supported) on the BSC network. Also, the users can play games and earn tickets, hold the tokens to play and win more, trade tickets for a lucky box, unlock crypto, NFTs, other prizes, and much more.

The CHAINCADE token was launched on July 9, 2021, and the total supply of this token is one Quadrillion. Out of the total supply, 50 percent of the tokens were burned.