The gambling industry is one of the most restrictive, distrusted, and shadiest industries in the world, but what if there was a casino that wasn’t going to follow these rules anymore.
In the latest video, Joe Parys, a crypto expert, has shared an undervalued micro-cap altcoin that is set to take NFTs, gambling, and gaming to the next level.
Ridotto (RDT)
An undervalued altcoin Joe mentioned in his video is Ridotto (RDT). Ridotto is the first cross-chain gambling and lottery protocol based on complete transparency, anonymity, security, and fairness. Our approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous liquidity.
Ridotto’s overarching goal is to elevate the user to the role of “house,” thereby offering a fully scalable alternative to centralized online gambling.
NFT Farming: Introducing the World’s Fairest Minting Process
While most NFT Minting processes are overly demanding, unfairly selective, and prone to ridiculous gas wars, Ridotto is opting for a more community-centered NFT distribution approach.
Proof of Ownership NFTs
Ridotto’s Ownership NFTs set the infrastructural foundation for the ecosystem. Each one will be specific to the type of game, whether it be a lottery, slot, or specific table game, and will give its owner the ability to customize their casino product’s internal and external design and bankroll and profit from its gameplay.
NFT Farming
Given the newness of such a revolutionary utility, the team is being careful to slowly introduce Proof of Ownership NFTs into the market without flooding supply beyond demand.
For this reason, Ridotto is introducing a new approach: NFT Farming, which allows community members to stake the RDT native token to farm and progressively earn fractionalized Ownership NFTs. Only whole NFTs are claimable; the progressive fractional earning system simply exists as a mechanism to slowly give out NFTs to individuals rather than giving them out all at once. However, the more an investor stakes, the quicker they will earn a whole NFT.
They also entitle owners to lotteries, slot machines, and specific table games. That will allow its owner to customize its casino’s product design and internal rule structure.
You’ll be able to customize the win rate, jackpot size, and to what degree the particular casino product will be open source and bankrollable.
It’s all about this utility for businesses, individuals, charities, web 3, and native token-based communities. This will represent an opportunity to earn income while bettering those core communities. Further benefits will also include reward-based marketing opportunities, community engagement, native token utility, and non-inflationary staking.
By buying this RDT token staking it and then getting fractional ownership of the house, there could certainly be profits, not only from the casino games themselves but also if the RDT token increases.
The Team Behind Ridotto
The team is absolutely essential. They have been incredibly professional. They are certainly in this project for the long run. They have things as far as 2023 and beyond, and while this is a micro-cap gem, they have a strong community and have been featured on some of the biggest influencer channels.
The only two places to get this token are PancakeSwap and Uniswap, but the team is looking to become even more multi-chain and get on new exchanges.
This project is insanely undervalued and has a market cap of just eight million dollars. This could be your next potential micro-cap altcoins to keep an eye on.
Read more:
- Top 5 Potential Altcoins To Buy In May 2022, According to Cheeky Crypto
- Top 5 Undervalued Altcoins With Massive Potential In May 2022