BC Game has launched a new crypto staking model to supplement its player loyalty programme.
Players will be able to obtain $BC crypto tokens by wagering through the website, which are then automatically allocated into the BC Engine.
These will go into a rewards payout pool, which will activate once per hour.
Only tokens staked for the full hour will be counted, and 10% of in-house game profits will then be shared back to the player.
The $BC can then be redeemed in the BC Token page for direct trade with USD or to enter the BC Lottery, which is currently offering a Porsche 911 Carrera or cash alternative of $150,000.
This BC Engine system will be available to all players, with no VIP tier or minimum wagering threshold required.
Kar Kheng Giam, BC GAME’s newly appointed CEO, said: “We want rewards to be more direct and more sustainable.
“Players should not have to wait until they reach a certain threshold before they begin receiving meaningful value. With this update, the role of $BC within the platform becomes clearer.
“It is no longer only an incentive tool, but a token with a more practical role in ongoing participation.”
However, this sort of player loyalty programme is illegal in many regulated gambling jurisdictions and cannot be implemented by licenced casinos.
In most tightly regulated regions, any VIP scheme or loyalty reward initiative has to be meticulously managed by a member of senior management.
This is one of the key arguments regarding the black market at the moment, specifically highlighting how difficult it is for regulated operators to compete with practises such as this.
BC Game was founded in 2017 and supports more than 150 cryptocurrencies across multiple jurisdictions, although it operates under an Anjouan licence, making it illegal in many countries.
At the time of writing, 10 $BC tokens can be exchanged for US$0.06
