You guys seem confused with the answer and your system. I remember you said there are no such requirements but I guess you deleted that reply later. About the Rank 2 requirement for mining, I guess you guys do not have a faucet on your website, do you? If not, players cannot start mining for free without making a deposit. Once a player makes a deposit, the player is already contributing to the ecosystem.
Whatever. It is your platform, and I understand you can make rules however you want. I could share my opinion only as a player. All I have to say is you are making it too restrictive in every other section when you are supposed to offer something competitive to grow faster as a new platform.
You’re right, we don’t have a faucet at the moment but it is planned feature. The requirement to reach Rank 2 ($1,000 wager) before starting to mine GLX is in place to ensure that tokens are earned by active and engaged players. This prevents mining from being exploited by accounts that haven’t contributed to the platform.
This system is designed to maintain the value of the GLX token and support long-term growth by linking token generation directly to platform activity. By requiring meaningful engagement before mining begins, we avoid flooding the ecosystem with tokens from inactive or minimal participation, which could lead to inflation and a loss of value.
At the same time, this approach ensures that the rewards remain substantial for players who actively contribute to the platform, creating a sustainable and balanced ecosystem where the value of the token reflects the overall health of the platform.
Thanks for the clarification. While I do understand the requirements, other dividend casinos don't have that so in my eyes this gives you a big disadvantage as wagering 1000$ is not so easy also (at least for me). With all the restrictions you guys are having (also for the withdrawal amount), why would people be inclined to really be active on your casino? This is a very competitive field and you will need to stand out, in order to make a name for yourself.
It’s important to note that the $1,000 requirement is based on total wagers, not deposits. This means that every bet you place, regardless of size, contributes toward reaching Rank 2. It’s not a single upfront deposit, which makes the goal achievable over time as you enjoy the platform.
The decision to set these thresholds stems from our goal to create a sustainable and rewarding ecosystem for our players. Allow me to elaborate further:
Token Value Preservation: The Rank 2 requirement ensures that the GLX token retains its value over time by balancing availability with demand. This approach protects the long-term interests of players and token holders alike.
Community and Engagement: We aim to foster an engaged and active community. By encouraging consistent participation, we’re building a platform where everyone contributes to and benefits from its growth.
Unique Features: We believe Galactix offers unique features like mining GLX tokens, earning daily dividends, and exclusive in-house games that set us apart from other casinos. Additinaly, players can embark on unique quests to unlock rewards, collectibles, and experiences not found on traditional platforms. This gamified approach creates an exciting and immersive journey beyond standard casino offerings.
That said, we absolutely agree that the competitive nature of the field means we need to continually innovate and improve. Your point is well taken, and be sure that your suggestions will be considered.