/biz/ - Business & Finance

>>29612573
>i really dont understand this one

The main game is a kind of gambling mechanism: you bet an amount of XPb to try to transform into a prize token you pick (wBTC, Link, Eth, etc).

The more you bet the best are your odds you have to succeed with the transformation.

The contract leverages Chainlink VRF to return a number. If the VRF number if lower than your odds then you win.

There is a burning game where players can burn tokens in exchange of USDT. For each day you hold more than 1000 tokens you can burn one at a minimum rate of 1 USDT (variable rate week over week).

There is also a "team" game based on Discord but I don't know all the details yet.

They already released the gambling game on Eth mainnet but gas fees was too high. Therefore they partnered with Matic/Polygon to offer a gas less version which is coming before end of this week.

> Only 2 million circulating supply
> Team tokens locked for 7 months
> Liquidity locked for 14 months
> First gambling game "Transmutation Engine" released and working on Ethereum network with winners during beta test
> Two additional games released on Ethereum network in 2 or 3 days
> Partnership with Chainlink: "Transmutation Engine" game fairness and transparency ensured by Chainlink VRF
> Partnership with Matic/Polygon: high gas situation will be adressed by migrating the 3 games on Polygon's layer2 so games can be played with virtually 0 user fees
> Migration completion targeted by end of February
> Chainlink and Polygon teams committed to support the marketing when games are ready
> Daily updates and transparent interaction with the devs team
> Price currently at the bottom: high gas situation created a drop from 1$ to 0.34$
> People are starting to buy back. You will enjoy a increase this week and the moon ramp in 7 to 10 days


DYOR and enjoy the awesome ROI if you can hold at least few days

Dextools:
https://www.dextools.io/app/uniswap/pair-explorer/0x1ab24a692eff49b9712ceacdef853152d78b9050

Games website:
https://www.transmute.fi

Recent update announcing Matic/Polygon solution:
https://medium.com/transmute-protocol/solution-for-the-gas-problem-found-polygon-matic-3b05669764c2

Chainlink tweet:
https://twitter.com/chainlink/status/1350110997571383299

Transmutation Engine

Put your crafting skills to the test in this supreme gauntlet of divine favor.

Users(alchemists) can choose to try and transmute a number of XPb tokens, through one of the 7 transmutation formulas.

Each formula has an increasingly more valuable single token result should the transmutation succeed.

Each alchemists’ chances at a successful transmutation increase based on the amount of XPb tokens they are willing to commit.

The Transmutation Engine is triggered at the end of every hour, at which time all pending Transmutations registered since the last trigger event are calculated and on-chain randomness is requested from Chainlink VRF.

Transmutations that have Transmute Chance >= Randomness are successful and reward tokens are sent to successful alchemists.
XPb/ETH Price and Result/ETH Price are calculated as the mean Uniswap price of the round’s duration (last 60 minutes), with a sampling rate of 3/minute.

For the first three game sessions during the beta release, a total of 105 participants were registered, who bet a total of almost 30,000 XPb.

There were 26 winners total, who won 1 GNO, 2 LINK, 2 COMP, 0.2 WBTC, 10 WETH and 9 MEME tokens.

>>28731588

It works, team did several rounds with players winning (wBTC, eth, etc.) during beta release.

Gas situation makes it prohibitive to play right now but this will be solved with the Matic/Polygon version to be released in two weeks.

2 million circulating supply
> Team tokens locked for 7 months
> Liquidity locked for 14 months
> First gambling game "Transmutation Engine" released and working on Ethereum network with winners during beta test
> Two additional games released on Ethereum network by the end of next week
> Partnership with Chainlink: "Transmutation Engine" game fairness and transparency ensured by Chainlink VRF
> Partnership with Matic/Polygon: high gas situation will be adressed by migrating the 3 games on Polygon's layer2 so games can be played with virtually 0 user fees
> Migration completion targeted by end of February
> Chainlink and Polygon teams committed to support the marketing when games are ready
> Daily updates and transparent interraction with the devs team
> Price currently at the bottom: high gas situation created a drop from 1$ to 0.44$. Bottom currently stable the past few days. You should enjoy a nice increase in 1 to 2 weeks.


DYOR instead of listening to crying fudders.

Enjoy the hidden gem.

Game website:
https://www.transmute.fi


Last update (today) announcing Polygon solution:
https://medium.com/transmute-protocol/solution-for-the-gas-problem-found-polygon-matic-3b05669764c2

Chainlink tweet:
https://twitter.com/chainlink/status/1350110997571383299

2 million circulating supply
> Team tokens locked for 7 months
> Liquidity locked for 14 months
> First gambling game "Transmutation Engine" released and working on Ethereum network with winners during beta test
> Two additional games released on Ethereum network by the end of next week
> Partnership with Chainlink: "Transmutation Engine" game fairness and transparency ensured by Chainlink VRF
> Partnership with Matic/Polygon: high gas situation will be adressed by migrating the 3 games on Polygon's layer2 so games can be played with virtually 0 user fees
> Migration completion targeted by end of February
> Chainlink and Polygon teams committed to support the marketing when games are ready
> Daily updates and transparent interraction with the devs team
> Price currently at the bottom: high gas situation created a drop from 1$ to 0.38$. Bottom currently stable the past few days. You should enjoy a nice increase in 1 to 2 weeks.


DYOR instead of listening to crying fudders.

Enjoy the hidden gem.

Game website:
https://www.transmute.fi


Last update (today) announcing Polygon solution:
https://medium.com/transmute-protocol/solution-for-the-gas-problem-found-polygon-matic-3b05669764c2

Chainlink tweet:
https://twitter.com/chainlink/status/1350110997571383299

Transmutation Engine

Put your crafting skills to the test in this supreme gauntlet of divine favor.

Users(alchemists) can choose to try and transmute a number of XPb tokens, through one of the 7 transmutation formulas.

Each formula has an increasingly more valuable single token result should the transmutation succeed.

Each alchemists’ chances at a successful transmutation increase based on the amount of XPb tokens they are willing to commit.

The Transmutation Engine is triggered at the end of every hour, at which time all pending Transmutations registered since the last trigger event are calculated and on-chain randomness is requested from Chainlink VRF.

Transmutations that have Transmute Chance >= Randomness are successful and reward tokens are sent to successful alchemists.
XPb/ETH Price and Result/ETH Price are calculated as the mean Uniswap price of the round’s duration (last 60 minutes), with a sampling rate of 3/minute.