Be A Player | Be The House
Easy & fun betting games with no house edge & provably fair results.
First Games Launching Summer 2023
Play to Win on
We pay the full & fair payout odds on every outcome with no house edge built into our prices. Players pay zero fees on winnings when betting with $DGTX tokens, and 3% fees on winnings when betting with $USDC.
On Digitex you can be a Player or the House. As a Player you're in full control of when to bet big. As the House you're in it for the 24/7 automated grind of taking all bets to earn 1% of every USDC denominated winning payout.
Digitex will revolutionize the decentralized betting user experience with email-only onboarding and one-click, gasless bet transactions. We'll bring the benefits of non-custodial blockchain technology to the non-crypto masses.
No need for KYC, registration or depositing funds. Just connect or create your wallet and send your bets or liquidity to our trustless smart contracts on the Polygon blockchain. It's impossible for us to hold back or steal your funds.
The Digitex Protocol
A Decentralized Ecosystem
Digitex Games is a non-custodial set of smart contracts that trustlessly pay out the winners and automatically reward the 3% fees on $USDC winnings to the liquidity providers, affiliate marketers and game developers that power the protocol.
- spent on automated daily buy back of DGTX, half of which is burned
- shared proportionately with liquidity providers who act as the House
- paid to the affiliate marketer who brought in the Player
- paid to the game developer whose UI the bet was placed through
3% Fee on Every $USDC Payout Is Split As Follows:
Win more with
The DGTX Token is the native cryptocurrency of Digitex Games, with deflationary tokenomics that constantly reduce the circulating supply. Players pay zero fees on winnings when betting with DGTX tokens.
- Max Supply
- Circ Supply
- Market Cap
- DGTX price
- Bet with DGTX tokens and pay zero fees on your winnings, meaning there's no edge working against you.
- 1% of all USDC winnings will be used to buy DGTX tokens from the circulating supply, half of which will be burned.
- The DGTX minting keys have been burned, meaning that it's impossible to mint any more DGTX ever again for any reason.
- We're bridging DGTX over to Polygon to enable real-time on-chain betting with sub-penny transaction costs.
- 100% of the Total Supply of DGTX tokens are already circulating - the project and team have no tokens to dump.
- The DGTX market cap reached over $100 million on three separate occasions in 2018, 2019 & 2020. Ready to try again?
Be The House
Deposit your DGTX or USDC liquidity into the House Bankroll smart contract to earn your share of fees & gambling profits.
FROM THE BLOG
DGTX Minting Keys Have Been Burned
May 1, 2023
It’s official: the DGTX minting keys have been burned! They have been irrevocably destroyed and it is impossible to mint any more DGTX ever again. I also burned my admin/ownership keys to the DGTX token smart contract to ensure that it’s impossible to create another minter role in the future.
By Adam Todd
What Is Digitex Games
April 25, 2023
Digitex Games provides non-custodial betting games with easy email-only onboarding of new users and one-click bet submission with no gas fees.
By Adam Todd
Chainlink VRF (Verifiable Random Function) is a provably fair and verifiable random number generator (RNG) that enables smart contracts to access random values without compromising security or usability.
By Adam Todd
April 25, 2023
DGTX is the deflationary betting token of Digitex Games. When you bet with DGTX tokens you pay zero fees on all winnings.
By Adam Todd
Frequently Asked Questions
What is Digitex Games?
Digitex Games are peer-to-peer, non-custodial, provably fair betting games of chance with zero counterparty risk, guaranteed payouts and a great user experience of email-only onboarding of new users and one-click betting with no gas fees. You never have to do KYC or even deposit funds into an account - all your bets are blockchain transactions that interact directly and trustlessly with our game smart contracts on the Polygon blockchain.
You can play our games either as the Player or as the House, and the bankroll is provided entirely by third party liquidity providers. Every outcome of every game is provably fair and generated through Chainlink's VRF random number generator.
There are zero fees on winnings when you bet with DGTX tokens, and if you prefer to bet with USDC tokens there's only a small 3% fee on winnings which is used to pay our liquidity providers, affiliate marketers and game developers and to buy back DGTX from Uniswap every day, half of which is burned.
Our games will be controversial and a little outrageous and very entertaining to play.
What cryptocurrencies can I bet with on Digitex games?
You can bet on all Digitex games using DGTX tokens or USDC tokens. The DGTX token is the native betting currency of Digitex Games and you pay zero fees on your winnings when you bet with DGTX.
USDC is a major stablecoin pegged to the value of the US dollar. It is a top five cryptocurrency with ~$30 billion market cap and deep liquidity so many people will prefer the stability of USDC betting over the added volatility of betting with DGTX tokens. When you bet using USDC you pay a small 3% fee on your winning payouts.
What games will be available to play on Digitex Games?
Digitex games are games of chance. But instead of the usual boring dice games and wheel spins and endless slots that you find elsewhere, Digitex games will be slightly more controversial and a lot more entertaining. And most importantly, our games will provide multiple betting opportunities at varying probabilities depending on your desired win rate and payout odds.
For example, on our Russian Roulette game you'll be betting on each trigger pull as to which guy does or doesn't get his brains blown out. Such a game provides betting opportunities with payout odds varying from 1 to 6 all the way through to 6 to 1, and many different possible side bets too.
On our Runaway Wheelchair game you will have multiple betting opportunities at various different payout odds to bet on whether our unfortunate hero will make it past the different life threatening obstacles he encounters on his unexpected and high speed downhill journey.
Other games such as Stripper Dance-Off, Shoot The Apple Off The Regulator's Head, Dwarf Toss, Mousetrap, Chicken, Sniper and many others will have outrageous, sometimes violent, but always entertaining outcomes on which you can place all kinds of bets at all kinds of desired payout odds.
Apart from the myriad betting opportunities on our games, a big factor in their appeal will be in the high quality of the game graphics. We will achieve this by inviting professional game developers to create the front end Graphical User Interfaces (GUI) for our games in return for an ongoing revenue share from each game.
We at Digitex will focus on building the system of smart contracts that make up the back end mechanics of the games, which we call the Digitex Protocol. Built into the Digitex Protocol will be a revenue sharing system that shares 17% (0.5% of 3%) of all fees on winnings with the game developers that create the game GUIs.
Are there any fees on winnings?
When you bet using DGTX tokens there are zero fees on winnings on all our games. When you bet using USDC tokens there is a small 3% fee charged on all your winning payouts which is distributed amongst the liquidity providers, affiliate marketers and game developers that power the Digitex Protocol. A portion of this fee is also fed into the automated system that buys back DGTX from Uniswap on a daily basis, half of which is burned.
How is the 3% fee on USDC winnings split?
When betting with USDC tokens, Players pay a 3% fee on every winning payout they receive. This fee is distributed as follows:
- 0.5% is used to buy back DGTX from Uniswap and deposit it into the house bankroll smart contract
- 0.5% is used to buy back DGTX from Uniswap and burn it
- 0.5% is shared proportionately with all USDC liquidity providers
- 0.5% is shared proportionately with all DGTX liquidity providers
- 0.5% is paid to the affiliate marketer who brought the Player to Digitex
- 0.5% is paid to the game developer who built the GUI through which the bet was placed
What is a Liquidity Provider (LP) on Digitex Games?
All betting on Digitex Games is peer-to-peer, meaning that active Players of our games are always betting against other users who are acting as the House. Users who are acting as the House are called Liquidity Providers (LP) and they make it possible for Players to place any bets they like at any time and be guaranteed of finding a counterparty for their bet.
Players can bet on our games with DGTX tokens or USDC tokens. Therefore, you can add USDC liquidity into the USDC house bankroll smart contract or you can add DGTX liquidity into the DGTX house bankroll smart contract. Liquidity Providers do this for the following financial incentives:
- USDC liquidity providers receive 0.5% of every USDC payout, shared proportionately amongst them according to how much liquidity they are providing compared to the overall amount.
- DGTX liquidity providers receive 0.5% of every USDC payout, shared proportionately amongst them according to how much liquidity they are providing compared to the overall amount.
- All gambling profits that are made by the USDC house bankroll are shared proportionately with all USDC liquidity providers according to the level of liquidity they are providing.
- All gambling profits that are made by the DGTX house bankroll are shared proportionately with all DGTX liquidity providers according to the level of liquidity they are providing.
How do I make money as a Liquidity Provider (LP) on Digitex Games?
To become a Liquidity Provider you must deposit either USDC or DGTX tokens into the respective house bankroll smart contract for that token. Upon deposit of your tokens you will receive an amount of liquidity pool tokens that represent your proportional share of the liquidity currently in the house bankroll smart contract. You can withdraw your liquidity at any time and without penalty by redeeming these liquidity pool tokens.
The USDC and DGTX house bankroll smart contracts each receives 0.5% of every USDC payout from every game and you will receive your proportional share of that according to your share of the liquidity. This house edge will always be clawing the house bankroll back into profitability regardless of any variance or runs of good luck by certain Players. As a Liquidity Provider you will also receive your proportional share of any overall gambling profits made by each house bankroll smart contract. These gambling profits will be equal to however much is the total aggregate loss of all Players.
How can I make money by promoting Digitex Games as an affiliate?
On our USDC denominated markets, we charge a 3% fee on every USDC winning payout and 0.5% of that fee is used to pay the affiliate who brought in the Player to Digitex. Affiliates can be casual users who invite their friends to play on Digitex Games, or an affiliate can be a full time gambling super-affiliate who sends large volumes of traffic to his affiliate link.
Every user on Digitex will automatically be given a unique affiliate link they can share with their friends or promote across the internet. When a new user registers on Digitex for the first time we check if that user was referred by an affiliate link, and if so we permanently link the new user's wallet address and the affiliate's wallet address.
Each affiliate will receive 0.5% of every USDC payout won by every person they refer, forever. The USDC denominated house bankroll smart contract will automatically assign 0.5% of each winning payout to the respective affiliate. To withdraw your affiliate earnings you will simply send a transaction to the house bankroll smart contract which will then instantly send your total accumulated payments to your wallet address.
How can I make money as a game developer on Digitex Games?
We have decided to focus on building the back end mechanics of the games while building in financial incentives for professional game developers and studios to build the front end GUIs of our games. Therefore, out of every 3% fee charged on every USDC payout, 0.5% of the fee is paid to the game developer who built the game GUI that brought in the winning bet. This is an ongoing revenue share that lasts as long as we use the GUI as the front end of our game.
Please contact us on Telegram if you are a game developer interested in building games for Digitex. We are looking for high quality photorealistic graphics that will make our wacky and controversial game concepts highly entertaining to play.
How much money can liquidity providers, affiliates and game developers expect to make from Digitex Games?
This of course depends on how many users we attract and their betting volumes. The following scenario assumes some conservative user numbers and betting volumes and then extrapolates some possible revenue figures from them.
- As a popular decentralized betting platform with great UX and provably fair and highly entertaining games and a few decent affiliate marketers driving traffic, let's assume Digitex reaches a core base of 10,000 Daily Active Users (DAU) in its first 12 months online.
- 10k DAUs is approx 500 users online in any particular hour of the day.
- Assume each user's average bet size is $10 and he places 60 bets per hour which is an hourly turnover of $600 per user which is $300,000 per hour turnover for all users (500 users x $600).
- Assume half the users are betting with DGTX tokens and half are betting with USDC tokens, which means USDC turnover is $150,000 per hour.
- 3% fees on $150,000 is $4,500 per hour revenue ($108,000 fees per day from $3,600,000 daily turnover from 10,000 users).
- The $4,500 per hour in fees ($108,000 per day) is split as follows:
- $1,500 per hour goes to automated DGTX daily buyback system, half of which is burned ($36,000 per day)
- $1,500 per hour paid to liquidity providers ($36,000 per day)
- $750 per hour paid to affiliates ($18,000 per day)
- $750 per hour paid to game developers ($18,000 per day)
- The above figures don't account for any of users being high rollers or even medium rollers. And another huge factor to consider is that the above figures are only the 3% fees on winnings and do not take into account the gambling profits made by the DGTX and USDC liquidity providers.
Where can I buy and sell DGTX?
We recommend the decentralized exchange Uniswap for buying and selling DGTX tokens, whether you're buying and selling on the Ethereum or Polygon blockchain. We're going to connect the Digitex website to the Uniswap API soon so you'll be able to trustlessly buy and sell DGTX and USDC directly from our games without needing to do any KYC.
What is the utility of the DGTX token within Digitex Games?
DGTX is the native token of Digitex Games that gives its owner the ability to play games of chance with absolutely no mechanical edge working against you. This is a powerful and valuable utility to a disciplined and well capitalized gambler who practices good money management with the right staking system. As long as you can survive the losing runs there's no reason why you should lose when gambling on Digitex Games, making it the fairest betting platform in the world. DGTX has deflationary tokenomics and if we attract high liquidity in the DGTX house bankroll smart contract our provably fair games and guaranteed payouts could likely attract a lot of high rollers, further strengthening demand for DGTX.
How does the automated DGTX buyback system work?
The automated daily buyback is a mechanism that systematically applies upward price pressure to the DGTX token by constantly taking tokens out of circulating supply. Half of the tokens bought will be deposited into the house bankroll smart contract and the other half will be burned. Not only is the circulating and total supply reducing but the increased bankroll means the maximum bet size for DGTX bets is also increasing, and both of these factors increase the value and utility of the token. This ensures that gamblers wishing to hold the token for its main utility of being able to gamble with no edge working against them can hold the token long term knowing that its deflationary fundamentals are on their side for a steadily increasing price over time.
The DGTX daily buyback mechanism will be a fully automated smart contract that systematically buys DGTX from Uniswap on a daily basis and then deposits half of them into the house bankroll smart contract and burns the other half. 1% of all USDC winnings from every game will be automatically sent from the USDC house bankroll smart contract to the buyback smart contract which at a random time every day will send its total accumulated USDC balance to Polygon Uniswap to buy Polygon DGTX from the open market.
Upon receipt of the DGTX from Uniswap this buyback smart contract will automatically deposit half the tokens into the DGTX house bankroll smart contract and will bridge the other half back to the Ethereum blockchain and then burn them.
What is the current Circulating Supply, Max Supply and Distribution of DGTX?
The Maximum Supply of DGTX is 9,200,000,000 tokens and all of them are currently in circulation. The automated DGTX buyback system has been devised to systematically take DGTX out of circulation and deposit half of them into the DGTX house bankroll smart contract and to burn the other half. This means that after the launch of the USDC denominated betting markets the circulating supply and total supply of DGTX tokens will be decreasing on a daily basis. The DGTX minting keys have been burned so it's impossible to mint any more DGTX ever again for any reason, meaning that the Maximum Supply can never go above 9.2 billion DGTX.
What is the maximum bet size on Digitex Games?
The maximum bet size allowed on any Digitex game is 0.1% of the value of the house bankroll smart contract. divided by the number of games. This ensures the longevity and safety of the House and the liquidity providers who fund it. For example, if the USDC house bankroll smart contract contains $50,000,000 worth of USDC tokens and there are 10 games then the maximum possible bet size on any Digitex game would be $5,000. Such a high figure would most certainly attract a lot of high rollers who could bet big on provably fair games with guaranteed payouts and zero chance of counterparty default.
If the DGTX token price reached $0.10 and the DGTX house bankroll smart contract contained half of the DGTX supply, this would be a TVL of almost $500 million that gamblers could bet against. This would mean the maximum bet size on any Digitex game would be $50,000, with zero edge working against you, no fees and no possibility of counterparty default or not getting paid out. There will come a tipping point where Digitex games become very attractive to high rollers and when that happens the DGTX markets will suddenly become ultra liquid and active.
What is the DGTX Bridge?
The DGTX Bridge is a set of smart contracts that allow you to bridge your DGTX tokens from the Ethereum blockchain over to the Polygon blockchain and back again. You can use the DGTX Bridge by clicking on the Connect button top right and connecting your Metamask wallet to the Digitex website.
It is a Proof of Stake bridge which means you lock up your DGTX tokens on the Ethereum blockchain and then the bridge mints the same number of DGTX tokens for you to use on the Polygon blockchain.
The whole time that your DGTX tokens exist on the Polygon blockchain, your DGTX tokens on Ethereum are locked up in the bridge smart contract and cannot be released. Now you can use your DGTX tokens on Polygon to bet on Digitex games and enjoy 2 second confirmation times and sub-penny transaction costs.
If you want to switch your DGTX tokens back to the Ethereum blockchain for any reason, such as a price arbitrage opportunity for example, then you send your Polygon DGTX back to the bridge which burns them and then it unlocks your original DGTX tokens from the smart contract on the Ethereum blockchain that was keeping them locked up. Now that the Polygon versions of your DGTX have been burned and no longer exist you can have your original DGTX tokens back on Ethereum.
In this manner the DGTX bridge maintains a constant supply of DGTX tokens across both chains and makes it easy for users to enjoy all the benefits of using the Polygon blockchain whilst still keeping DGTX as an ERC20 Ethereum based token.
What is the purpose of the DGTX Bridge?
Digitex's pivot to being a non-custodial casino where every bet is placed on-chain means that we must use the Polygon blockchain to make this viable. It's simply too expensive and slow to use the Ethereum blockchain with such a high frequency. Therefore, in preparation for the launch of our first games in the summer, we would like for most DGTX tokens to be already bridged over from the Ethereum blockchain to the Polygon blockchain so that liquid DGTX markets can form on Polygon Uniswap and our users can easily buy and sell Polygon DGTX.
Do I need to do KYC to play Digitex games?
No, there are no KYC requirements on Digitex. Digitex games are non-custodial, on-chain smart contracts that anyone can interact with directly by sending transactions directly to the Polygon blockchain from their wallet through block explorer sites such as Polygonscan.com or through their own node. Therefore it is impossible for us to stop anyone who wants to from interacting directly with those smart contracts by sending transactions to the Polygon blockchain to place bets and withdraw their winnings.
The Digitex website is merely a front-end Graphical User Interface (GUI) that facilitates interaction with those smart contracts by constructing the transaction data and passing it to the blockchain. Digitex is not a custodian of anyone's funds at any time and therefore has no legal requirement to conduct KYC on anybody wishing to send transactions to a public, decentralized blockchain.
Are US persons allowed to play Digitex games?
Yes. Digitex games are non-custodial, on-chain smart contracts that anyone, even those in the “land of the free”, can interact with directly by sending transactions to the Polygon blockchain from their wallet. Therefore it is impossible for us to stop anyone who wants to from interacting with those smart contracts by sending transactions to a public blockchain.
The Digitex website is merely a front-end Graphical User Interface (GUI) that facilitates interaction with those smart contracts by constructing the transaction data and passing it along to the blockchain. Digitex is not a custodian of anyone's funds at any time and therefore we have no legal obligation, nor do we even have the ability, to block anyone from any geographic location from sending transactions to a public, decentralized blockchain.
Is Digitex regulated or do you have a gambling license?
As a non-custodial, on-chain platform, Digitex has no legal obligation to submit to any regulatory body or licensing authority in any country. Digitex is regulated by smart contract code and blockchain technology, which does a far better job of protecting user funds than any regulator or licensing authority could ever hope to achieve - at a fraction of the cost and in real-time.
As a non-custodial, on-chain, provably fair, fully transparent platform with guaranteed and instant payouts, our users' funds, identities and chances of winning are fully protected without the crippling costs of compliance that regulators bring - costs which must obviously be passed onto the consumer in the form of high fees and lower payouts which pretty much ensure that most consumers under their "protection" will end up losing. We are happy to have created a better and fairer system where the consumer doesn't have to sacrifice his chance of winning to secure his funds.
Where are my bets held and how can I be certain of being paid out?
Digitex is non-custodial meaning that we never have possession or custody of your funds, even when you place bets. Each time you place a bet you send your bet directly to an independent, publicly verifiable and fully transparent smart contract on the Polygon blockchain which holds all bets until the market is settled according to Chainlink's decentralized, tamper-proof random number generator. After receiving the game outcome directly from Chainlink, the smart contract automatically and trustlessly pays out the winners.
Do I need to deposit funds into an account to play Digitex games?
No. You retain custody of the tokens in your wallet at all times and do not need to create an account on Digitex or send funds to us. When you want to place a bet you do so by interacting directly with our game smart contract on the Polygon blockchain which holds all bets and then pays out the winners.
How do I know you're not rigging the outcome of the games to make me lose?
We use Chainlink's verifiable random number generator to determine the outcomes of all our games. The outcome is fed directly into each game's smart contract which then automatically pays out the winners accordingly. It's impossible for us or anyone else to interfere with this process.
Chainlink VRF (Verifiable Random Function) is a provably fair and verifiable random number generator (RNG) that enables smart contracts to access random values without compromising security or usability. For each request, Chainlink VRF generates one or more random values and cryptographic proof of how those values were determined. The proof is published and verified on-chain before any consuming applications can use it. This process ensures that results cannot be tampered with or manipulated by any single entity including oracle operators, miners, users, or smart contract developers.
Will I get banned if I'm a consistent winner on Digitex?
No. It will be impossible for us to ban anyone from playing and betting on our games because they are independent smart contracts deployed on the public Polygon blockchain. This means anyone can fully interact with them directly, such as placing bets and withdrawing winnings, by sending transactions from their wallet through an interface such as Polygonscan.com or through your own node. We can't prevent anyone from sending transactions to a public blockchain.
How do I bridge DGTX tokens over from the Ethereum blockchain to the Polygon blockchain using the DGTX Bridge?
Simply connect your Metamask wallet containing your DGTX tokens to the Digitex website by clicking on the Connect button on the right side of the top menu. After you have connected your wallet, click on the big button called DGTX Bridge.
On the next panel that appears you will see your DGTX balance on the Ethereum blockchain and your DGTX balance on the Polygon blockchain. Make sure the Deposit button is selected because you are depositing DGTX from Ethereum to Polygon.
Enter the amount of DGTX that you want to deposit onto the Polygon blockchain and then click the Transfer button.
This will take you to a new panel that explains you are about to do 2 separate transactions on the Ethereum blockchain: the first transaction is to Approve the bridge to access your DGTX tokens in your wallet and the second transaction will send your DGTX tokens to the bridge smart contract to be locked up.
The panel will show you an estimate of the gas fees for each transaction. Depending on how busy the Ethereum network is, the total gas fees will cost anywhere between $4 to $20 to complete both transactions. (The equivalent transaction on the Polygon blockchain would only cost $0.01 in gas fees - this is an example of why we're using Polygon to run our games). You should really load up with as much DGTX as possible on the Ethereum side to mitigate the high gas costs of bridging them over to Polygon.
Click on the Continue button which will show another panel that confirms that you are about to bridge x number of DGTX to the Polygon blockchain and then click Continue again.
This will open your Metamask wallet where you will click Confirm to send the first Approve transaction. This transaction should confirm on the Ethereum blockchain within 30 seconds and then the DGTX Bridge panel will change to show your second transaction.
Click on Confirm which will open your Metamask wallet again and then Confirm the transaction in Metamask. This transaction should also confirm within 30 seconds but after it does you will still have to wait around 20-30 minutes for your DGTX tokens to be minted on Polygon and deposited into your Polygon wallet. You can see your Polygon wallet DGTX balance easily by switching the chain selector dropdown in the top menu to Polygon.
That's it. Your Ethereum DGTX have now been locked up in the bridge smart contract and the equivalent number of Polygon DGTX have been minted and deposited into your Polygon wallet and you are earning future airdrop rewards for as long as those Polygon DGTX are sitting in your Polygon wallet.
When the games are live will I be able to buy and sell DGTX on the Digitex website?
We are working on connecting to the Uniswap API which will allow you to easily buy and sell DGTX on the Ethereum blockchain and the Polygon blockchain through the top right dropdown panel on the Digitex website. This means that users will be able to buy and sell DGTX and USDC without leaving the Digitex website in a fully decentralized and trustless manner with no KYC requirements or geographic restrictions.
Digitex runs on Polygon
Polygon is a decentralized Ethereum scaling platform that enables Digitex to offer non-custodial, peer-to-peer, on-chain betting with sub-penny transaction costs and guaranteed payouts.
- transactions per second
- avg block time
- 2 sec
- avg transaction cost
- MATIC market cap
Launching Summer 2023
to Polygon now
Get ready by bridging your DGTX over from the Ethereum blockchain to the Polygon blockchain.