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Learning & News => Announcements [ANN] => Topic started by: sieemma on December 19, 2019, 09:57:53 PM

Title: ACEWINS (ACW) - An ERC 20 token that pays HODL Rewards automatically
Post by: sieemma on December 19, 2019, 09:57:53 PM
(https://i.postimg.cc/mkkcbn5Y/acewins.png) (https://www.acewins.io/)

ACEWINS (ACW) is an ERC-20 Token hosted on the Ethereum Blockchain, developed exclusively for the Online Gambling. Initially ACW Tokens will be used as the utility token to play games from ACEWINS. Over a period of time, ACW Tokens may also be used to play games from other Online Casinos. To make this token unique, we have implemented a first of its kind HODL Rewards System into the contract, which rewards the ACW token holders up to 21% a month as HODL Rewards approximately. The rewards will get credited automatically to the respective wallets after the generation of every block on the Ethereum Blockchain which sums to 21% a month approximately, if you allow the HODL Rewards to compound.

Since the ACW tokens pay you HODL Rewards, the initial supply is limited to 12,500,000 tokens. The ACE (Old tokens) balance in the burn address along with the HODL rewards piled up to a huge total supply. To avoid confusion, we created and deployed a new smart contract ACEWINS (ACW) with 12.5 million total supply on Nov-01-2019 09:26:29 PM +UTC and distributed the equal amount of ACW tokens to all the ACE holders. The old smart contract (0xbffdd152a9da1eda4afcc550fb1c789019e75334) and the ACE Tokens are not valid any longer. ACW is the new token and 0xd29fa4b8cc936a68bb560b19eed969ebfdbaa565 is thenew smart contract address from Nov-01-2019 09:26:29 PM +UTC.

To avoid a huge total supply of tokens over a period of time, we will halve the HODL Rewards manually by calling the function “setCalc” and replacing the value of “calc” from the Smart Contract on 24th November every year.

The smart contract is verified on the Etherscan and the code is public. Click here to see the verified smart contract code on the Etherscan. At the moment ACW can be traded only on the Saturn Exchange (Dex) - https://www.saturn.network/exchange/ETH/order-book/0xd29fa4b8cc936a68bb560b19eed969ebfdbaa565

Note: 60 Percent of the net revenue of the casino will be distributed to the ACW holders as dividends on daily basis. 

Telegram - https://t.me/AceWinsCasino
Discord - https://discord.gg/JR7KGKU
Facebook - https://www.facebook.com/Acewins.io/
Twitter - https://www.twitter.com/ace_wins
Website - https://www.acewins.io