FAQ
What is Cardano Casino?
Cardano Casino is the first Web 3.0 casino on the Cardano network with a fully audited smart contract. Users simply need to connect their wallets to access the platform's gaming and SocialFi features.
How is Cardano Casino different from other casinos in Web 3?
Cardano Casino utilizes a custom-built smart contract to govern each game on the platform. This contract ensures the security of bets and winnings by guaranteeing that winnings are only sent to the wallet that placed the bet, while losses are transferred directly to the contract’s bank. The bank is secured by a multi-sign system, requiring the majority of key holders to authorize any fund withdrawal. Additionally, we do not require deposits to play any of our games. This means that in the highly unlikely event of an exploit, potential losses are limited to the bet amount, not the total in your game wallet.
Are the smart contracts secure and audited?
Yes, the smart contract has been audited by Vacuumlabs. You can review the detailed audit report by following this [link].
Is there a Cardano Casino NFT, and what are the benefits of it?
Yes, there are three NFT collections. The OG Chippy and Gambler NFTs will earn rewards simply by being staked on the staking platform, and these rewards will be in ADA. On the other hand, the Loyalty Pass will provide three consecutive airdrops by Q2 2025 and offer transaction fee discounts on every bet made by pass holders on the platform.
What is $CHIP?
$CHIP is the token for Cardano Casino. Owning $CHIP allows you to earn rewards by staking it on the staking platform and provides additional benefits within the casino platform.
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