What Is HoldToWin (7ADD)?

What Is HoldToWin (7ADD)? Complete Guide Review About HoldToWin.

What Is HoldToWin (7ADD)?

The HoldToWin is a standard ERC20 token which is originally minted in full supply. The minting was made at block 11268495 on the Ethereum Network. The INITIAL total supply is 100.000 7ADD. No more minting of 7ADD is possible. The token contract address. In this paper we will introduce the idea of a game based on a deflationary supply (7ADD). A smart contract has been deployed on the Ethereum Network.

All the code is public and anyone can check by a trust less method all the details of the ERC20 token 7ADD. The smart contract is the only one holding tokens and by buying 7ADD you are included in a list of HOLDERS. Anyone can check the list of HOLDERS at a given time. The smart contract gives the right for addresses to spend 7ADD. The primary condition for a game to take place is that it should exist on a network with enough potential participants.

The second condition of a game to take place is to have players. Only after players announce their wish to play, the game can begin. (Players). The third condition for a game to begin is that players must have the ressources required by it. (Primary Resources). The fourth condition for a game to begin is to have specific rules stated to all players BEFORE the game begins (Rules of the Game).

HoldToWin Storage Key Points

Coin BasicInformation
Coin NameHoldToWin
Short Name7ADD
Circulating SupplyN/A
Total SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Primary Resources

The primary resource needed for players to be able to play the HoldToWin game is the Erc20 token 7ADD. Number of resources needed (mutable rule) For participation into jackpot drawings a player must hold 5(five) 7ADD tokens at a specific time. Holding 5 (five) 7ADD tokens will grant any player a chance to be drawn as winner. A player can hold a multiple of 5 tokens for more chances to be drawn as a winner (WEIGHT of Holder).

A players’ amount of tokens that is nondivisible by 5 will be rounded to the nearest to 0 decimal value. A player with 16 tokens will have a WEIGHT of 3 (16:5=3.2). A player with 14 tokens will have a WEIGHT of 3. (14:5=2.8) For participation into GOVERNANCE a user must hold ANY amount of 7ADD tokens.

Jackpot Drawings

A drawing of 3 winners will take place every day at 11:00 GMT. Snapshot of holders will be taken at 10:00 GMT every day. Jackpot and participants are capped at 10:00 GMT. Drawing will be made using randompicker.com Proxy Random Provider. (subject to change in further development of the project). The jackpot is made out of 1.25% from ANY transaction of 7ADD. Obtaining resources in HOLDTOWIN game can be made through various methods. The initial distribution of resources is made in several STEPS.

Liquidity Generation Event

All ETH gathered in the PRESALE will be put as collateral for 39000 (40% minus burns and jackpot contribution from transfer) 7ADD. The PRESALE can be considered as a Liquidity Generation Event with an increased price. If all 48750 7ADD will be sold into PRESALE at 1 USD/ 1 7ADD, the price of 1 7ADD on UNISWAP will be 1.25 USD / 1 7ADD when providing liquidity. (1 ETH = 460 USD) Liquidity will be locked via Unicrypt and the transaction Hash will be available on the official website of HoldToWin game. Presale will last 20 DAYS.

Governance

The Governance will start after the 2 jackpots are given to lucky users. (after 48 hours from Liquidity Providing Event) Governance will take place on the snapshot page platform. Any holder of above 5(five) 7ADD tokens can propose rule changes and the other holders will vote. The rules will be changed based on vote majority. Over 50% of the total amount of circulating coins must vote for proposal to be admitted. (Uniswap liquidity is not included into the circulating coins).

The HoldToWin of this contract can propose official rule changes on the CORE proposal tab of snapshot.page dedicated website. Over 50% of the total amount of circulating coins must vote for proposal to be admitted. Voting is free. No gas will be spent. A web 3 interface is required for authentication before voting (Metamask / Trust Wallet) Only Holders of 7ADD can vote for rules change.