Parabolic, why its ecosystem is beneficial to players? The game and tokenomics has been designed to best benefit the token and it’s ecosystem.
Parabolic, find out why this game is unique, exciting and how its $PARA chip has been optimized to make the game very interesting in terms of payouts.
Parabolic, what makes this game different from others?
There are few things that separate Parabolic from other existing crash games. One of them is a unique feature of our game that allows you to cash out a percentage of your bet during the live game. This means that while the chart is running, you can withdraw 25%, 50%, 75% or 100% of your bet at ANY time.
Another unique feature of our gameplay is that this graph will not only rise and then crash, but it can also fall and rise again at random before the rug pull (crash) occurs. Finally, and perhaps the most exciting thing of all is how we will share the profits of the game with Parabolic Token holders. That’s why this GameFi game is innovative, but let’s continue to discover what it has to offer.
The Game and How it Works
The Parabolic game will be super fun and super addictive! 50% of the profits made from the game would be burnt to increase the token value and reward the long-term holders of the coin.
At the beginning of each round, players will place their bets by depositing the amount of parabolic token they wish to gamble. As the round progresses the trading chart will be become more and more parabolic increasing the bet multiplier. The aim of the game is to is to cash out before the chart rug pulls (crashes). Gameplay is based on crypto trading charts and is designed to look that way also. To place your bet, you ‘Buy’ tokens and to cash out you ‘Sell’ Tokens.
Parabolic token, PARA:
Parabolic Token has been carefully designed to achieve a single purpose which is GOING PARABOLIC (making an upward price move). With these comes the introduction of the super addictive game and tokenomics that will be of great help to the coin in taking it to attainable heights. All profits made from our super fun and addictive game would be burnt in order to raise the value of the token. And that our trusted holders may get the best financial advantage of the limited supply that is left.
Parabolic token is made by the trusted and doxed Dev Mark Hamilton, the owner of MIND MUSIC.
Mind Music is a long-term secure project developed to raise money for mental health awareness, thus breaking the stigma, whilst rewarding token holders.
To make this work out, we charge a little expense (12%) on every exchange that happens. We additionally disperse those assessments in the following manner.
3% – Buy Back
Unlike most other coins that simply buy back tokens and send them to a dead wallet, we will buy back the tokens and automatically pair them with multiple liquidity pairs. This will increase the floor price of the coin and generate a higher transaction volume to keep the liquidity pools level. We will pair liquidity in 8 different pairs BNB, BTC, ETH, BUSD, USDC, USDT, DOGE, CAKE.
3% – Deflationary Burn
Most other coins simply burn tokens by sending them to a dead address, we burn our tokens by completely removing them from supply. This constantly decreases the liquidity to market cap ratio and therefore increases the individual price of each token. We fully expect this tokenomic to remove at least 20% of the supply from existence within 24 hours of launch.
3% – Auto-Liquidity
Nothing says a healthy token like having a ton of liquidity! Having a large amount of liquidity increases the stability of coin and reduces the impact of any sells on the chart. Reducing the impact of sells is vital to keeping a chart moving upwards.
3% Game development
This percentage of all transactions will be used to fund the development our game. The moment that game is paid for and released, we will update this tokenomic to a 2% reflection that rewards the holders of the coin and a 1% donation to Mental Health Awarness. We expect to update this tokenomic at some point in November.