what's vault777?
Vault777 is a decentralized on-chain casino protocol that enables fully transparent gambling experiences through smart contracts. Every bet, payout, and game result is executed and verifiable on the blockchain, eliminating the need for custodians or centralized deposits. It integrates Chainlink VRF for provably fair randomness, ensuring trustless operations where players can directly interact with the platform. The project allows users to participate not only as players but also as liquidity providers, enabling them to act as the "house" and share in the casino's profits. This model fosters a community-driven ecosystem for online gaming, addressing common trust issues in traditional online casinos by making all outcomes publicly auditable. Currently in testnet phase, Vault777 offers incentives like prize pools for early users to test games and earn rewards, paving the way for a scalable, decentralized alternative to conventional gambling platforms.
Vault777: $1 V777 per bet, $2 protocol fee per $100 bet.
Links
x.com/vault777casinoDistributes $1 worth of V777 tokens to users for each bet placed on the casino platform, with $98 of each $100 bet going to the game and $2 taken as protocol fee.
Confirmed airdrop scheduled for vault777 users.
Running a $20,000 incentive program with 3x XP multiplier active.
Integrated with tonso_ai platform, offering 0.5% rewards in VAULT tokens, additional XP, and 1000 Buzz prizes for Telegram creators.
Launched a campaign on Xeet platform.
Mainnet launches with XP earning system where users accumulate points through participation that convert to tokens at Token Generation Event. A Design 2.0 UI revamp is coming soon.
Mainnet launches on Arbitrum within 1 day (tomorrow).
A new advisor officially joins the team after working with them for several months.
The project completed a $500K private funding round at $20M fully diluted valuation, selling 2.5% of token supply to long-term investors.
CertiK conducts a smart contract audit for the platform, representing a significant security milestone ahead of launch.
A 150-page white paper releases outlining advantages over competitors, and the platform is built fully on-chain on Arbitrum blockchain.
A $777 USDT giveaway runs for 48 hours, and the platform uses Chainlink VRF for verifiable fairness and allows users to become the house and share fees.
Token Generation Event (TGE) is upcoming with farming opportunities available on the testnet.
A user won $7,777 for wagering on the testnet.
Partnership announced with a crypto trader and testnet launched with over $200K in prizes for users who play games to earn rewards.