Roost has officially entered the world of Play2Earn, launching its very own game on the Kismet platform. As the starting point, the platform is offering a simple but thrilling Coinflip game. In this blog, we’ll walk through how the game works, the role of Roost’s bankroll, and how you can get started playing with either Roost or ETH.
The Coinflip Game
The first game available on Roost’s game is a classic Coinflip, where players can wager their funds by playing on either the Roost logo or the Base logo. The outcome, as you’d expect, is determined by a fair coin flip, offering a 50/50 chance of winning. It’s straightforward yet highly engaging—perfect for both newcomers and experienced players looking for quick, adrenaline-filled games.
Max Wager Size
One of the unique features of Roost’s game is that the maximum amount you can play with is dynamic, based on the bankroll’s height (the total amount of funds available in the bankroll). At any time, the maximum amount is capped at 3.6% of the current bankroll, ensuring that no single wager can overly deplete the pool
Playing Options
You can play using either:
- Roost Tokens, or
- Base ETH, the native cryptocurrency of the Base network.
This provides flexibility for players, giving them the option to play using different assets depending on their preference.
Funding the Bankroll: $700 Roost
To kickstart the game and bankroll, Roost has contributed $700 in Roost Tokens to the designated bankroll wallet. These funds act as the seed for the game’s rewards and future growth.
This setup not only ensures a balanced pool of assets to cover winnings but also allows for a healthy bankroll from the start, so players can enjoy playing without liquidity concerns.
Current Setup: Wallet, House Edge, and Profit Distribution
Currently, the game’s bankroll is tied to a wallet connected to Realmisterco’s account, a temporary setup designed to protect the main treasury wallet from any potential risks. The plan is to grow the bankroll and eventually transition to a more secure multisig wallet setup.
House Edge and Payouts
The house edge for the Coinflip game is 3%, meaning that if the player wins, they will receive 1.94x of their original wager. For example, if a player wagers $100 and wins, they will receive $194—the original $100 plus $94 from the bankroll.
If the player loses, 97% of their wager will go back into the bankroll.
The remaining 3% will be split as follows:
80% of the 3% will also be reinvested into the bankroll.
20% of the 3% will go to Kismet and its partners.
Example: Current Setup
A player wagers $100 and wins: the payout will be $194, with $94 coming from the bankroll to the player.
A player wagers $100 and loses:
$97 goes back into the bankroll.
Of the $3 house edge, $2.40 goes back to the bankroll, and $0.60 goes to Kismet and partners.
As Roost’s game grows, the current setup will be replaced with a new multisig wallet connected to Kismet, alongside a royalty splitter contract to manage the distribution more effectively.
Watching the Action
An exciting feature of the platform is that you can watch other players and see the results of their games in real-time. This adds an interactive element, making the experience more social and engaging. Whether you’re a player or just an observer, there’s always something happening on the platform.
Future Prospects
As Roost’s game grows, new games and features will likely be added, broadening the scope of gaming options for the community. For now, the focus is on building a strong and sustainable bankroll, and it all starts with this classic Coinflip game.
In conclusion, Roost’s foray into the Play2Earn space through the Kismet platform marks an exciting new chapter for the community. Whether you’re in it to play or just want to see how the bankroll grows, the game is up and running, and the profits are being reinvested to ensure long-term sustainability.
Bankroll wallet:
0x81b51260AA32847D66F56968f66EDB0Fd8078C56
Play here:
https://kismet.tools/base/roost
