DApps that pay is a series of articles that explores blockchain-enabled applications that pay dividends to their token holders. Contrary to the claims of mass media, blockchain-enabled businesses do make money.
Since my last DApps that pay article, the bullish market sentiment has pushed the 24-hour user base of DApps up by nearly 15%, reaching a record 233,000 users.
DApps are starting to operate as businesses with real cashflow; the key distinction is that many of them offer the kind of revenue sharing centralized entities don’t. DApps like BetHash, which is targeting interoperability across multiple blockchains in order to give a united Crypto gaming platform to every blockchain user, distributes casino revenue to token holders; HASH is listed on Newdex.
Due to the lack of awareness of the dividends provided by HASH, the dApp dividend monitor has reported that the platform has been distributing daily dividends of nearly 0.5% on the current token value, which sums up to a 600% compounding return. BetHash’s user boom is due to that fact it’s a single platform that supports betting with Bitcoin, Ethereum and ERC-20 tokens, EOS and EOS tokens, and Tron.
Dividend Monitor: Due to lack of awareness of dApp tokens, annual dividends of some dApps are worth more than their tokens!
Other blockchains will be added on a regular basis as BetHash is committed to creating a single casino for every Crypto user in the world. DAppradar shows that the very recent Tron addition added to the platform’s user base by an additional 3,000 in the past 24 hours.
The key drivers behind the growth in this decentralized casino are that:
- The results are provably fair since they are based on blockchain transaction hashes; an uncontrollable variable.
- HASH tokens, which provide dividends, are given to players for free; this effectively makes players the owners of the casino.
Using Blockchain Hash as the Source of Winning Numbers
As public blockchains are decentralized network, no single person or entity can control the transaction hashes generated on the network. The use of smart contracts for staked funds, hash to derive winning numbers, and tokens for distributing revenue provides a Crypto gaming platform that is:
- Publicly Visible: Players can verify the hash using a blockchain explorer.
- Provably Fair: The casino cannot control blockchain transactions.
- Auditable:Players can verify the legitimacy of the smart contract.
- Reliable: Funds are escrowed in a smart contract.
- Decentralized: Casino revenue is given to the players.
BetHash uses these features to create a provably fair lottery, Dice game, and Blackjack. Popular games like Baccarat, Slots, and Jacks or Better will be available soon.
Play Blackjack with Crypto
The classic Blackjack game is now on the blockchain.
BetHash uses transaction hashes to decide your card at the moment you make the bet. The characters in the transaction hash decide the card color and number based on these rules. Irrespective of whether you win or lose the wager, you will win HPOINT for free; these can be traded for HASH tokens, which can be sold at Newdex, or staked for daily dividends of about to 0.5% of staked value based on current HASH price.
Here's a guide on staking HASH:
BetHash has designed a lottery that runs every 60 seconds.
At the start of every minute, a new decentralized Crypto lottery commences and anyone who has access to a wide range of cryptocurrencies can enter the draw. At the end of the minute, the first 5 EOS block hash that end with a numeric character decide the winning numbers.
Crypto Dice Game
BetHash uses blockchain has to decide the winning numbers for the ever-popular decentralized Crypto Dice game.
The Dice game and its results are straight-forward:
- A player chooses a number which he/she must roll less than. For example, if a player chooses 50, to win, he/she must roll less than 50.
- The number that the dice will roll is derived from the 2 last numbers (double digit) in the EOS hash that was generated at the time of the roll.
Beyond dividends, BetHash has a number of on-going community engagement rewards.
For one, players who use HPOINT to buy HASH enter a jackpot of enough HPOINTs to get about 80,000 HASH tokens. Since HPOINTs cannot be bought, the jackpot is available exclusively to BetHash's players. In addition, seasonal events called races offer large prizes of up to $10,000 to players. Presently, a $4,000 race is under-way and players who wager on any game will be automatically be placed in the race.
Lastly, there's also a bounty.
Bounty for Passive Income
BetHash has launched a bounty for 500,000 HPOINTs.
Presently, approximately 8 HPOINTs convert to a HASH token and therefore the bounty equates to 62,500 HASH tokens at present conversion. HASH tokens have a market price of roughly 0.05 EOS each. To get a share of all this money, all you have to do is share the project on social media, write about it, or talk about it on Bitcointalk.
A unique thing about this bounty is that HASH tokens can be staked for a continuous passive income. Unlike any other airdrop or bounty campaign, the rewards of this campaign provide a lasting source of income.
First 20 users to complete the following 2 steps get 1 STEEM for free.
- Resteem this post.
- Head to BetHash.io and make an account. Then just post a screenshot of your username with your EOS ID, like this:
That's all! After that, I'll use @tipu to send 1 STEEM straight to your wallet.
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