Multiplier.fun is a SocialFi and Gambling platform offering on-chain games. It emphasizes user participation through decentralized finance (DeFi) and social engagement mechanisms.
Multiplier.fun is launching on Abstract and their testnet is coming soon.
What is Multiplier ?
Multiplier is a game where users can bet on tokens with high leverage, potentially resulting in considerable benefits for users & holders .
Their goal is to not only provide a fun onchain game experience, but to also create a positive-sum system. Indeed:
Users can earn their favorite tokens through fun, game-like experiences
Each win adds liquidity to the won token, benefiting all token holders
Microcap communities can draw attention to their tokens
If the Game’s Multiplier > Your Multiplier, then you receive the tokens you selected. After a win, you can choose to cash out or hold those tokens in your wallet.
If the Games Multiplier < Your Multiplier you receiveMINT
Consolation -Users earn MINT whenever they don't win their original bet. This ensures no one leaves the game empty-handed.
Distribution - MINT rewards users who create content about the product, its ecosystem, and partners. It's an incentive to encourage user-generated content and promote engagement.
Upside - With the above two mechanisms, our primary stakeholders (product users), over time, receive more and more upside from the success of the product.