🤑Honey Casino

Release date: Q1 2023 - Q2 2023

Honey Casino is a blockchain casino with a portion of the profits going into Honeypot Game Bank. The development and launch of the casino will occur in several stages.:

• Crowd-funding

  • Private sales

  • Public sales

• Development

• Launch

• Scaling and development

Crowd-funding

A token that qualifies for a portion of the casino's income.

Fundraising process

The fundraising will take place in USDT tokens in the Binance Smart Chain network, for which a special smart contract will be developed, and it's source code will be verified. To buy a token, you must own an apiary in the Honeypot Game, as well as pay 1,000 HNY to have an access of purchasing issued tokens.

Token description

Blockchain: BNB Chain

The standard: BEP-20

Emission: 32,500,000

Feature: designed to earn money at the casino. The user places a token on staking and receives a proportional % of the casino’s earnings.

Token distribution

13,000,000 Private sells (40%)

3,250,000 Public sells (10%)

16,250,000 Team tokens (50%)

Private sells

At the private sales stage, 40% of the total token issue will be sold at a rate of 0.1$, unlocking 25% every 3 months (quarter).

Allocation of funds:

• 800,000$ on the casino:

  • 80,000$ Casino software (site, design, additional providers)

  • 720,000$ Cost of 1 year of work (60,000$ * 12 Months)

• 200,000$ on the stock market and marketing:

  • 50,000$ listing (+ marketing from the stock)

  • 50,000$ marketing

  • 100,000$ liquidity

• 300,000$ on partnership rewards and bonuses

Public sales

At the stage of public sales, we are listed on the centralized stock market. By this point, private traders will have 25% of the tokens they have purchased in their hands, meaning they will have 10% of the total token issue. They will also have a unique opportunity to sell their coins at the price they deem appropriate (due to the fact that nobody except participants of private sales and organizers of the project will hold tokens). The demand will be provided by large-scale marketing of the project, which will take place immediately after successful completion of private sales. Market-making project team will have 10% tokens and $100,000 initial budget to provide liquidity, volumes and maintain the price of the coin, excluding any possibility of the price falling below $0.1..

Development and launch

Software and legal development will be managed by the contractor company - studio specializing in the development and maintenance of software solutions for the management of online casinos. They provide the most stable and safe online casino platform you can think of. Payment solutions for all major markets and operating licenses provide us as customers with everything we need for successful business in this competitive industry. Reliability of this company and their professionalism will provide us with everything we need to start our own online casino. The development and launch will take about 3 months.

The name of the contractor’s company is not disclosed until a formal cooperation agreement is signed.

Scaling and development

It takes about 6 months to start generating profit and put the whole process on stream. We immediately raise funds with reserves to avoid any miscalculation and budget deficit since this is a gambling business and it is impossible to calculate every penny