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Launching the Highest Paying Dividend System – Equipped with the first-ever Token Buyback Program to distribute even greater rewards to our Steem community. by kryptogames

View this thread on: hive.blogpeakd.comecency.com
· @kryptogames ·
$196.81
Launching the Highest Paying Dividend System – Equipped with the first-ever Token Buyback Program to distribute even greater rewards to our Steem community.
We are proud to launch the Highest Paying Dividend System, in which 70% of the profits will be distributed daily to our community token holders. As a token of appreciation to the Steem community, we have also incorporated the first ever Token Buyback Program, which will increase the GAMER token value steadily in the longer term. 

<center>![kg_logobanner.png](https://cdn.steemitimages.com/DQmcE2y4SBUszRvmToD5WM2qgFKsdFuSCn6NHPw9jbqV3aM/kg_logobanner.png)
[Checkout kryptogamers.com](https://kryptogamers.com)
</center>

### <center>Dividend Program Features</center>

* **Transparent**
All players can view the next day’s total upcoming dividends as well as their expected share of dividends in real time in their Dividends tab of their dashboard.		

* **Time**
Dividend Distribution will happen daily at 8:30 AM UTC as per the token balance snapshot of each account taken at that time (8:30 AM).

* **Cost Calculations**
	* **Referrals**:  10% of the House Edge (1%) of Dice, 20% of the House Edge (0.5%) of Blackjack and 10% of the House Edge of Video Poker (1%) is given out as referrals. In other words, 0.1% of the total wagered bet amount is given out as referrals.

	* **Insurance**: Statistically, 9 out of 10 insured bets of 10 Steem such as Roll Under 11 (10% probability) will be a loss and thus costs us 90 Steem (0.9 Steem per insured bet) since we have to return the loss amount as insurance. Taking into account the growing number of insured bets (100+), 0.05% of the total wagered bet amount is given out as insurance.

	* **Token Buyback**: 0.05% of the total wagered amount will be kept for token buyback. Token buyback will be a monthly buyback in which the GAMER tokens with the lowest value will be bought from the market and will be stored in ‘kryptogameapp’ account for transparency. The time of buyback will not be disclosed in order to prevent market manipulation and token dumping.


*	**Guaranteed Dividend Distribution based on total wagered bet amount**
	* The house does not make profits every-day. However, after 10 Million wagered Steem, we have experienced that in the long term the house ends up with the profit very close to the house edge of the game. 
	* Hence, for the greater good of the community, we have decided to incur the temporary bad day losses to our account and reward our players with daily guaranteed dividends depending solely on the daily wagered bet amount and not on the fluctuating profits/losses of the house thereby granting them a more stable daily income. Now that’s exciting! 
	* After subtracting the above cost calculations, 70% of the net profits will be distributed daily to the community token holders in their unclaimed section of dividends. “Claim” feature is incorporated to benefit “Minnows”, who earn less than 0.001 steem daily, so that they can accumulate and claim their dividends when it reaches the minimum payable amount (0.001 Steem). Also, this will reduce the load on our servers for smooth operation of our platform.

*	**Staking**
Staking will be enabled in the future in order to increase the token value.

**IMPORTANT**: All token holders should hold tokens in their account at the time of daily snapshot (8:30 AM UTC). In other words, Tokens that are in the pending order-books of the trading market of Steem Engine will NOT be eligible to receive dividends.

### <center>Platform Updates </center>
*	Max Payout has been increased to 1000 Steem for Dice and Blackjack and 2500 Steem for Video Poker and Max Bet has been increased to 400 Steem for all games.
*	UI changes have been implemented as per community feedback.
*	Some Performance Bug Fixes have also been done.

### <center>Support </center>
For any questions, feel free to contact us on [Discord](https://discord.gg/KpFUZh2)


Thanks again for your tremendous love and support all this time. We would not have made this far without you guys.

Stay Happy! Stay Motivated!
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 336 others
👎  ,
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vote details (402)
@abrockman ·
$0.02
The day we have all been waiting for! Not only have you had the best variety of games from the beginning, but now this is the best token model I have seen on this platform yet. 

The buyback is essential, great implementation, but the even more exciting element… The dividend payout based on volume! I see a few other casinos moving through this and I think it's fantastic. It takes the risk off the token holder, With a essentially guaranteed payouts as long as at least one person is playing. 

To everyone else, If you do not have any gamer tokens, you are going to miss out!
👍  ,
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vote details (2)
@niel96 ·
How much dividends do they pay? Like what is the roi?
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@abrockman ·
ROI is about 72 days based on current volume.
👍  
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vote details (1)
@apnawallet ·
good post i follow you
👍  
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vote details (1)
@arcange ·
Congratulations @kryptogames!
Your post was mentioned in the [Steem Hit Parade](/hit-parade/@arcange/daily-hit-parade-20190504) in the following category:

* Pending payout - Ranked 1 with $ 222,48
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@bitandi ·
Cool

Posted using [Partiko Android](https://partiko.app/referral/bitandi)
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@cryptoeater · (edited)
$1.04
I have been a massive supporter of this project for a long time purely because of the transparency and communication from the team.

However, since the beginning it's developed into more than just communication, it's all the times they've helped someone on Discord, all the times they've smashed expectations and delivered on every promise. 

As a massive advocate for token buyback and burning, I'm so glad they have implemented this. This means that there will be continued token demand AND your tokens won't lose as much value as more and more are distributed. This is essential to a sustainable token in my opinion. 

Furthermore, this token is also tradable on [Steem Engine](https://steem-engine.com/?p=market&t=GAMER) for those who don't want to gamble but also want a share of this project. This is another massive advantage this token has over other gambling tokens. 

I honestly think this project is going places, thank you so much to the team @kryptogames
👍  , , , , , , , ,
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vote details (9)
@igster · (edited)
I'm waiting for delegation possibility, please implement this fast so those who don't want to gamble can gain some tokens as well and show support, @kryptogames!
👍  
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@cryptoeater ·
You can delegate right now for free daily tokens! Alternatively, you can buy some from Steem Engine! 
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@kryptogames · (edited)
$0.05
Thanks for your kind words. We are doing our best for the community and will continue to do so forever.
👍  ,
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vote details (2)
@okean123 ·
Exactly! KryptoGames is the best and most undervalued Steem gambling app.
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@smarthamster72 ·
tradable  for $0. this token is scam
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@niel96 ·
$0.00033
👎  
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vote details (1)
@cryptoeera ·
Glad to acknowledge that your word is worth something as you keep delivering on promises.
I also like how you carefully manifest your actions and do everything in timely manner; it looks professional in my view.
Let’s see what the future holds for us all! :)

Posted using [Partiko iOS](https://partiko.app/referral/cryptoeera)
👍  
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@cwow2 ·
Fucking amazing!

Posted using [Partiko Android](https://partiko.app/referral/cwow2)
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@felander ·
$0.05
I was so exited to see the dividend live today I wrote my post about it
https://busy.org/@felander/own-part-of-the-casino-kryptogamers-launch-dividends

The best thing in the long run is indeed "owning" part of the casino and I really like what you guys are building here.  

Any plans to combine other cryptos on the platform like Tron or EOS like @steemmonsters ? That would also be an added value for the Steem platform as users would need a Steem account and their wagers in other currencies would give GAME tokens and be rewarded with STEEM dividends driving further adoption
👍  ,
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vote details (2)
@fosfat123 ·
Thanks for sharing. Good news.

Posted using [Partiko iOS](https://partiko.app/referral/fosfat123)
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@fosfat123 ·
Thanks for good sharing. It s useful topic 

Posted using [Partiko iOS](https://partiko.app/referral/fosfat123)
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@fullcoverbetting ·
Well done guys!
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@geovanny1000 ·
fini fino.... fino
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@gingerninja ·
You guys keep on delivering awesome updates! Keep up the good work :)
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@glory7 ·
Wow, this is great. Looking forward to see the daily dividends!

Posted using [Partiko Android](https://partiko.app/referral/glory7)
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@gulia.peito ·
Hooray! I've been waiting for this for a long time! Thank you for being!!! It is very cool!
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@jamesndungu ·
$0.12
The project progress is looking good, looking forward to delegating some of my steem power to your project. I love your communication and transparency.  

Posted using [Partiko iOS](https://partiko.app/referral/jamesndungu)
👍  , ,
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vote details (3)
@kim0412 ·
That's good news.
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@kurairuisu ·
this super and a pretty good update, this super and a pretty good update
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@michealb ·
thanks guys, i like the games
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@mike25 ·
Amazing @kryptogames gd job 😁
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@movingman ·
I cant resteem as the amount of votes covers it up  lol
Really great work from the Dev team, always on spot with delivering updates and a fluid communications effort also!

One thing I noticed is that you said, "in our experience" meaning this might not be your first project already?
👍  
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vote details (1)
@gulia.peito ·
I also follow them for a long time. Great guys! I have long started collecting their tokens))
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@movingman ·
Fluid so far! Hope you are good man, its fucking deadzone quiet on here init 😂

Posted using [Partiko Android](https://partiko.app/referral/movingman)
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@nathen007 · (edited)
$0.98
This is stunning because unlike other gaming platforms which have an ever decreasing shelf life and popularity as their token awards decrease and thus their dividends, this scheme preserves the tokens and dividend payout.

Genius and unique within the crpto gaming community  and that can only be good news for Steem too!

I hope this exciting news also gives the token price a boost and improves liquidity on Steem Engine.

Seriously brilliant. Best wishes and thanks as a gamer and Steemit community member :-)
👍  , ,
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vote details (3)
@kryptogames ·
Thanks nathen. This is all possible because of the love and support of people like you.
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@plumbers ·
Fantastic!
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@ronel ·
This post has been resteemed!

https://media.giphy.com/media/l49JHz7kJvl6MCj3G/giphy.gif
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@sebescen81 ·
Very nice. I have also delegated SteemPower to your account, but i don't see the delegation.
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@sku77-poprocks ·
Yo #LETSGO Unbelievably DOPE! @kryptogames FTW!
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@startyourjourney ·
So cool to hear, wish I had more Steem to use.. lol
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@steemitboard ·
Congratulations @kryptogames! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td>https://steemitimages.com/60x70/http://steemitboard.com/@kryptogames/voted.png?201905041939</td><td>You received more than 3000 upvotes. Your next target is to reach 4000 upvotes.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@kryptogames) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=kryptogames)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Do not miss the last post from @steemitboard:**
<table><tr><td><a href="https://steemit.com/steemmeetupaachen/@steemitboard/steemitboard-to-support-the-german-speaking-community-meetups"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeoNp9iCaCfd2D6TqnWa3Aky2mU4Fm3xaSmjTM91YoNBS/image.png"></a></td><td><a href="https://steemit.com/steemmeetupaachen/@steemitboard/steemitboard-to-support-the-german-speaking-community-meetups">SteemitBoard to support the german speaking community meetups</a></td></tr></table>

###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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@tts ·
To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/kryptogames__launching-the-highest-paying-dividend-system-equipped-with-the-first-ever-token-buyback-program-to-distribute-even-greater.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
properties (22)
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@ugos ·
Awesomeness.
👍  
properties (23)
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vote details (1)
@vegeta ·
As soon as I heard the news that its on steem-engine I bought a bit and look forward to buying more. Really look forward to what the future holds with this.

Posted using [Partiko Android](https://partiko.app/referral/vegeta)
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@whatsup ·
I'm already a fan!  However, thanks for adding value.
properties (22)
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@zontomonto ·
Jet Hay to tmr korar r jonno doya korbo km

Posted using [Partiko Android](https://partiko.app/referral/zontomonto)
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