The Virgambler project combines cryptocurrency with gambling, using tax revenue from transactions to fund daily casino bonuses. Transparency is emphasized through daily videos and community voting. The dev wallet is locked for five years, aiming to prevent rug pulls and show commitment. However, 50% of profits go directly to the creator, which could centralize benefits and reduce trust. The tokenomics involve burning tokens in both profit and loss scenarios, potentially creating deflationary pressure. Key concerns include the lack of details about the team or legal structure, reliance on gambling outcomes which are unpredictable, and the creator retaining a significant portion of profits. Additionally, the tokenβs necessity over established cryptocurrencies isnβt clearly justified, introducing friction without clear benefits. The allocation structure shows 50% of tokens locked to be burned in 2030, leaving uncertainty about the remaining distribution and whether the creator holds a reasonable percentage (possibly below 10%). Without clear information on the creator's stake, assessing commitment is challenging.
Rating: 2
Generated with LLM: deepseek/deepseek-r1
LLM responses last updated: May 26, 2025 10:38
Original investment data:
# Virgambler ($VIRGAMBLER)
URL on launchpad: https://app.virtuals.io/geneses/2986
Launched at: Mon, 26 May 2025 09:37:48 GMT
Launched through the launchpad: Virtuals Protocol
Launch status: GENESIS
## Token details and tokenomics
Token symbol: $VIRGAMBLER
Token supply: 1 billion
## Creator info
Creator address: 0x72209e7591FD68E47cdD7B9fb2b09c91C11ac736
Creator on basescan.org: https://basescan.org/address/0x72209e7591FD68E47cdD7B9fb2b09c91C11ac736#asset-tokens
Creator on virtuals.io: https://app.virtuals.io/profile/0x72209e7591FD68E47cdD7B9fb2b09c91C11ac736
Creator on zerion.io: https://app.zerion.io/0x72209e7591FD68E47cdD7B9fb2b09c91C11ac736/overview
Creator on debank.com: https://debank.com/profile/0x72209e7591FD68E47cdD7B9fb2b09c91C11ac736
## Description at launch
π° Virgambler β The Ultimate DeGen Utility
π Dev Wallet locked for 5 years β no rugs, only trust.
π° All tax revenue goes into daily crypto casino BuyBonuses β profits or rip, all transparent.
πΉ Daily videos on X β watch the madness unfold live.
π― Farm Virgen Points nonstop β the longer you hold, the more you earn.
Gamble with purpose. DeGen with proof.
## Overview
π° **Virgambler β Where Degeneracy Meets Virgenity**
**The concept is simple:**
All tax revenue goes **directly into daily Buy Bonuses at a crypto casino** β fully transparent, recorded, and posted as videos on **X every single day**.
***
### π§ **The Utility:**
1. **Dev Wallet Locked for 5 Years**
β No rugs. No dumps. Long-term commitment.
β **Farm Virgen Points endlessly** β pure loyalty pays off.
2. **Daily 1-Hour Community Poll on X:**
β You vote for one of 4 degen slots.
β We buy bonuses with the full tax wallet β raw and unfiltered.
3. **What happens to the Free Spins payout?**
π **If we hit profit:**
* 25% is used to **buy & burn $VIRGEN** π₯
* 10% is used to **buy & burn $NOTHING** π₯
* 15% is used to **buy & burn $VIRGAMBLER** π₯
* **50% is kept by me β but only if we profit.**
π **If we lose:**
* 50% is used to **buy & burn $VIRGEN** π₯
* 20% goes to **buy & burn $NOTHING** π₯
* 30% goes to **buy & burn $VIRGAMBLER** π₯
π₯ And we donβt stop there:
If the bonus round flops, we **reinvest the payout** into a second bonus β this time on the game that got the **second-most votes** in the poll.
***
### 𧬠The Philosophy:
**βThe purest form of degeneracy, combined with the purest form of Virgenity.β**
β This isnβt just casino content β itβs culture.
β Daily burns. Daily votes. Daily degen. Full send.
***
## Additional information extracted from relevant pages
<fetched_info>
""" [Creator profile on Virtuals Protocol](https://api.virtuals.io/api/profile/0x72209e7591FD68E47cdD7B9fb2b09c91C11ac736)
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"walletAddress": "0x72209e7591FD68E47cdD7B9fb2b09c91C11ac736",
"metadata": null
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"""
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