Tron casino DooTron, a popular gambling dapp vanished over the past week and gamers were left with useless tokens without a word. Before vanishing, the dapp launched a second game named ‘’Shoot’’ which issued a second token. Let’s find out more in the latest cryptocurrency news below.
This Tron casino as with the others works by letting the players earn a casino-centric token for each bet they place. This means that when the players place more bets, they will receive more tokens. Further, they are able to sell the tokens or keep them to earn dividends from the profit pool of the casino. Some of the casinos provide up to 70 percent of their profits to the dividend pool.
This Tron casino is similar to the EOS-based casinos meaning they let the users purchase the tokens on the market and later have the ability to earn a dividend from the casino operations. DooTron.com had two tokens: Doo. Doo and Shoot. The first one was obtained in the Hi-Lo game that allowed users to choose from multiple options in the different versions of the Hi-Lo game.
The second token that the Tron casino issued was another twist on Hi-Lo so players earn a token for each bet. The games based the results on the unpredictable blockchain. The hash was interpreted to determine the result so it would be harder to rig the traditional models. The more popular a casino is, the tokens are easier to mine. Each token is mined through play. The first casino to offer games like these was TronBet.io which issued the ANTE token currently worth over 20 TRX each as reported in the altcoin news.
According to the Tron casino data, about 59,082,099.596981 Doo tokens were mined during the time the casino was online. However, more than 12 million of the tokens are now frozen and there are also no dividends available as well.
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The SHOOT tokens reached up to 1.4 million to be frozen. Both of the tokens were delisted on multiple exchanges.
Currently, there is an ongoing investigation about the disappearance of the Tron casino. The motive is still unknown and people on social media are really upset.
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