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Summary

BCH Guru is launching a decentralized on-chain price prediction game on Bitcoin Cash, with a beta version soon to be released, showcasing the capabilities of CashTokens and smart contracts on the Bitcoin Cash blockchain.

Abstract

The BCH Guru project is at the forefront of CashTokens, a technology enabling smart contracts on the Bitcoin Cash network. With the upcoming beta release of their price prediction game, BCH Guru is demonstrating the potential of Bitcoin Cash's recent upgrade. The game allows users to bet on cryptocurrency prices using FURU tokens, which incur no platform fees, or Bitcoin Cash (BCH), which has a 6% platform fee. The project has completed two waves of NFT minting and distributed airdrops of FURU tokens to NFT holders. The FURU token is also gaining traction on the Cauldron DEX, where liquidity providers earn fees from trades. This development is seen as a positive step for the CashTokens ecosystem, with the potential to attract widespread interest from the cryptocurrency community.

Opinions

  • The author views the BCH Guru price prediction game as a significant development within the CashTokens ecosystem, highlighting its innovative use of smart contracts on Bitcoin Cash.
  • The use of FURU tokens for free bets is presented as an advantageous feature of the BCH Guru platform, contrasting with the 6% fee for bets placed in BCH.
  • The distribution of FURU tokens through airdrops to NFT holders is seen as a beneficial event for the community, with two such airdrops already completed.
  • The author suggests that the success of the FURU token on Cauldron DEX, where it leads in volume and liquidity, indicates growing interest and could lead to increased attention as the BCH Guru platform launches.
  • The article concludes with an optimistic outlook on the CashTokens technology and the BCH Guru game, suggesting that it could attract high-profile investors and may benefit from increased advertising on crypto-related platforms.
Cover Picture (background) on Pixabay

Cryptocurrency & NFTs

BCH Guru: Price Prediction Platform Preview

The Top CashTokens NFT Collection Developments

One of the first projects in CashTokens, BCH Guru, will soon release the beta version of the decentralized on-chain price predictions game.

The new BCH Guru developments demonstrate some of the new capabilities of the new Bitcoin Cash upgrade.

The team released a small tutorial video of how the game/market will be and how players will be betting on the price of various cryptocurrencies.

We dive into the details of this new development on Cashtokens.

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BCH Guru Demo

With Wave 2 of the NFTs fully minted and FURU tokens airdrop distributed, BCH Guru proceeds towards the big announcement, the launch of the price predictions game.

This is also the first example of an on-chain prediction market on Bitcoin Cash.

The game works with one user making a prediction and submitting a bet amount and other users making their own predictions and matching the bet.

When the time the first user sets expires, the price prediction closer to the one in the market wins.

The price at each period is determined by an oracle service provided by General Protocols (oracles. cash).

Platform fees:

Players will pay no fees when submitting and matching bets utilizing FURU tokens, but the bets performed with BCH will incur a 6% platform fee.

- FURU: free bets - BCH: 6% platform fee

119,328,542 FURU tokens were airdropped to BCH Guru NFT holders with a system that calculated various collections fullfillments.

A second airdrop will occur after all NFTs are minted (10,000) on wave 5.

Currently, 4000/10000 are minted after the end of Wave 2 (each wave releases 2000 NFTs).

Also read:

FURU Token on Cauldron DEX (cauldron.quest)

On Cauldron, every LP provider receives 0.3% fees from every trade on their pool.

(FURU/BCH swap on Cauldron: link)

FURU is the top token in terms of volumes and liquidity on Cauldron.

The price has been increasing lately, and perhaps interest will rise soon as BCH Guru launches the price predictions platform.

*1 FURU currently trades at ~350 sats (0.00000350 BCH).

Conclusion

CashTokens is a relatively new technology bringing smart contracts on one of the fastest decentralized blockchains (Bitcoin Cash).

The BCH Guru predictions game is a positive development, capable of attracting interest from the whole cryptocurrency domain.

The Cashtokens ecosystem on Bitcoin Cash is slowly advancing, yet, it would definitely need the attention of the top investors and perhaps advertisement on crypto-related websites with high traffic.

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