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BingoToken

About The Project

Bingo Token has been minted on the Binance Chain as a mini-BEP8 token with a maximum supply of One Million.

Proof of Play

Bingo Token will be distributed on bingochain.io as a reward for playing Bingo. Users will generally not have to bet any money and will be able to win real money and Bingo Tokens. Token distribution will follow a similar pattern to the bitcoin halving strategy as the number of coins rewarded will be halved every time the number of distributed coins hit 50% of the previous halving supply.

Initial Distribution

  • 15% of the Bingo Token total supply will be distributed to the Developers and Owners of the Project.
  • 20% of the Bingo Token total supply will be made available to early investors through the Binance DEX (decentralized exchange).
  • 65% of the Bingo Token total supply will be distributed through bingochain.io.

BingoChain Distribution

The token distribution on bingochain.io will be as follows:
  • To each Player: 1 Bingo Token for every card a player plays in the game. Players will be able to play additional cards per game by inviting friends to join.
  • To the Caller: 1 Bingo Token for every player that plays in the game.
  • To the Winner: 1 Bingo Token for every player that plays in the game.

Once 50% of the total supply has been distributed (500K of 1 Million) the distribution will halve and half a token will be rewarded instead of the one above.

Once 75% of the total supply has been distributed (750K of 1 Million) the distribution will halve again and a quarter token will be rewarded.

Buy Tokens Now!

BingoToken Features

  • Proof of Play

    Bingo Players and Callers are rewarded for participating
    in Bingo Games where they don't even have to bet any money.

    Join a Game

  • Reward Halving

    Rewards are halved every time the distributed number of tokens
    reach the next halve, i.e. 50%, 75%, 87.5% etc.

  • Investment

    As the liquidity of the token goes up with more distribution,
    more people will be exposed to the coin and interest will increase.

  • Scarcity

    While the demand will increase, the token supply will be decreased at every
    halving while the total supply will never exceed one million tokens.

Steps to earn a token reward

Scroll Down

  • 01. Registration on BingoChain

    Register now to start participating
    in the new disruptive Bingo craze.

  • 02. Join a Game

    Join any scheduled game. You will receive one bingo card and can
    increase the number of available cards by inviting friends to play.
    You receive an additional card for every invited user that joins.
    There will be a maximum number of cards per game, but
    you can use remaining cards in subsequent games.

  • 03. Play the Game

    Simply by participating in a Game you will receive
    a Bingo Token for each and every card you play.

  • 04. Win the Game

    If you win the game, you receive additional tokens for every other
    player in the game. You could win thousands of tokens and if
    the Caller placed real money on the game, you win that as well!

  • 05. Call a Game

    If you are a Bingo Caller, sign up as a Caller and you will be
    rewarded for every player that participates in the game.
    Invite your own players and make a real money prize
    available to boost the number of participants.

  • 06. Receiving Tokens

    Bingo Tokens will be distributed to your BingoChain account on completion
    of every game and you can withdraw tokens when you have a minimum
    of 10 tokens. Withdrawals will be processed through
    the Binance Chain to a Binance BEP2 compatible wallet.

  • 2020

    Idea

    (Covid closes Bingo
    halls wordwide)

    Start Streaming
    Bingo Games

    (October - December)

  • 2021

    Q1

    Proof of Concept

    Q1

    Platform
    Development

    Q1

    Mint Token

    Q1

    List Token

    Q1

    First Game Completed
    on BingoChain

    Q2

    BEP8 Token
    Upgrade
    to BEP2

    Q4

    List Token
    on Binance

    2022

    Q1 - Q4

    List Token on
    other Exchanges

Investor Tokens

Investor Distribution
Investors can acquire Bingo Tokens on the Binance DEX (decentralized exchange)
Simply head over to binance.org with a Binance Chain compatible wallet to get your tokens.
20
of Total Supply
Investor Pricing

Pricing tiers:

Coins Price
0-1000 $0.20 USD
1000-2000 $0.40 USD
every 1000 20c increase

Up to 200K of a maximum supply of 1 Million Tokens

Distribution of Tokens

Distribution of Tokens

15%

Reserved for the team

20%

For early investors

65%

Distributed on BingoChain

BingoChain Reward Halving

Up to 50%

1 Reward Token per Bingo Card played

Up to 75%

0.5 Reward Tokens per Bingo Card played

Every Halving

Half of the previous reward distributed