Lowcap Connoisseur.

Why $WINR will go to $1🪙 Americans love a gamble, spending more on the lottery than sports, films, music, books and video games combined. @WINRProtocol has built the infra to bring this entire sector on-chain and is only $20m mcap. I’m targeting a valuation over $200m 🧵 What is WINR Protocol❓ Many people misunderstand @WINRProtocol and believe that it is just another crypto casino front end, but these people could not be more wrong. WINR is a decentralized liquidity layer and infrastructure provider for on-chain gaming and gambling protocols (igaming). It is NOT just a casino interface. They provide a full suite of tools which other protocols can use to build and run their own on-chain gambling/gaming/betting protocols. This means major gamblefi protocols like @rollbitcom @shufflecom and @solcasino are NOT competitors, but potential clients. WINR provides the infrastructure for these projects to build fully on-chain casinos, complete with a decentralized bankroll, betting incentive mechanisms, high quality games and more. It’s primarily a B2B provider while all the rest compete on the B2C side. WINR isn’t just for building casino protocols though. Their products are highly flexible and have a huge number of varying applications. For example, their tech has already been used to build: - A 1000x leverage trading protocol @0xdegensbet - A sports betting protocol @0xsportsbet (under development) And WINR isn’t just focusing on providing services to other Web3 protocols. The team have stated that they’re already in discussions with some Web2 casinos who are interested in integrating WINR tech too. So how will WINR scale to a valuation in the hundreds of millions? 📈 Horizontal expansion. Every single protocol (Web2 or Web3) that builds on or integrates WINR tech will accrue value to the WINR protocol and token. By buying $WINR, you’re betting on any one of the many protocols using their tech to be successful. If many of these projects become successful, WINR volumes and growth will go parabolic. WINR is an ecosystem play, similar to buying an L1 or L2 token rather than a specific protocol’s token. This gives it powerful growth potential. There are currently over 10 independent teams & protocols waiting to integrate WINR across 4 different chains 👀 This is WINR’s horizontal expansion strategy and this is how they can scale to becoming a billion dollar protocol. Their growth potential is uncapped. So what products and infra do they offer? 🎰 The WINR team are serial builders, and have shipped an incredible amount of tech. I’ll go into some of these products in more detail below, but the full range includes: 🪙 A permissionless, decentralized bankroll (counterparty to gamblers) 🪙 A betting incentive mechanism 🪙 Over 15 fully on-chain and open-sourced casino/table games (more soon) 🪙 2 WINR-powered protocols to demonstrate the potential of their tech (@JustBetOfficial and ) 🪙 WINR Chain (an upcoming gambling-focused L3 Orbit chain) 🪙 Fastest on-chain VRF in crypto (verifiable random function) 🪙 An account abstraction wallet (for social login, gasless & signatureless transactions etc.) 🪙 An SDK + game engine to simplify building on-chain games Literally everything you could need to launch your own on-chain gaming/gambling protocol. Decentralized Bankroll 🏦 WINR offers a decentralized bankroll which acts as the counterparty to gambler bets. It accrues revenue from gambler losses and pays out gambler winnings. It uses a GMX-style design where anyone can provide liquidity to a mixed pool of assets called WLP (consisting of BTC, ETH and stables). All WINR games have a house edge, so WLP is guaranteed to accrue assets over time. More volume =more real yield. Now imagine the potential when 10s of protocols all start pumping volume through this pool. Independent protocols will also be able to connect their own games to the liquidity pool (not just WINR games) pending DAO approval and proof of a house edge in the game. Incentive Mechanism 🥕 To encourage people to use WINR-powered products, every single gambling transaction through a WINR game earns VWINR (vested WINR) as a reward. That’s right, all gamblers get paid to play. And if you think WINR will do a certain number of Xs over the coming months like I do, it is positive EV to be gambling now. This is a genius and hugely overlooked flywheel. WINR bulls start betting in volume as it’s positive future EV → protocol volumes and revenue skyrocket → price rises → becomes actually positive EV to bet → more volume In other words, at a certain $WINR price you will earn more in rewards than you lose to the house edge, so it’s mathematically profitable to gamble. All it takes is a couple of early movers to start betting in volume and the flywheel will run. Any takers? Games 🎲 WINR offers an impressive range of over 15 fully on-chain and open-sourced games which independent protocols can integrate into their own platform. This includes typical popular casino games like Crash and Plinko, as well as table games like blackjack, roulette and poker. Third parties can permissionlessly use these games by staking or burning a certain amount of WINR, and integrate them into their platforms with just one click thanks to WINR’s SDK. New games are constantly being developed, and I’m very excited for the imminent launch of WINR Bonanza, the first ever fully on-chain cumulative multiplier slot game. It’s been in-development for months and is based on the hugely popular traditional slot game Sweet Bonanza. The quality of the game is incredible and as good as any Web2 provider. Have a look for yourself at the bottom of this post (I can't put videos in the middle of this post for some reason). Now that the smart contract logic is complete and audited, WINR can use it to replicate all of the most popular Web2 grid slot games. They’ve already confirmed that Gates of WINR and WINR Rush (based on similar highly-popular slot games) are also in the works. Until now, crypto casinos have had to use Web2 game providers to offer these types of games to players. Now they can offer fully on-chain, transparent and decentralized versions of these games via WINR, and earn big revenue for doing so. These games will seriously ramp up volumes imo, and remember that every single bet will accrue value to $WINR. WINR Chain ⛓️ WINR are also soon launching their own L3 chain (using Arbitrum Orbit technology) specifically customized for igaming applications. This includes fast block times w near instant finality, an inbuilt and verifiable random number in every block (for settling wagers), shared accounts (across all apps built on the WINR chain) as well as the full range of WINR products including a decentralized bankroll, incentives, SDKs etc. The WINR chain will also be the onboarding platform for Web 2 companies looking to integrate WINR’s technology. WINR chain will also introduce a host of new utility for the $WINR token too. Validators will need to stake $WINR to their nodes for the right to build blocks and $WINR will also be the native gas token. 50% of network transaction fees will be burned, adding to the already existing deflationary mechanisms in place. Token Utility 🔨 Call me old fashioned but I like it when a token has actual utility, and $WINR has plenty. It can be staked as VWINR to earn a share of protocol revenue (real yield), and must also be staked or burned by third parties as payment for integrating WINR games and tools (the VRF and the AA wallet). Once WINR chain launches, it will also be the gas token for the network and will be staked by validators to secure the chain. Upcoming Catalysts 🚀 So why is now a particularly good time to buy $WINR? 🪙 Chain expansions 🪙 WINR are expanding to Solana any day now (the token is already on Sol) and expansions to Base and Fantom are also already confirmed for April. There are over 10 independent teams across these chains already waiting to integrate WINR games and tech. All of these expansions will accrue value back to the $WINR token through buybacks & burning and rev share. I wonder what WINR expanding to the 2 hottest chains rn (Base and Sol) with multiple new integrators and frontends coming to market will do to volumes? 🪙 New Games 🪙 The launch of WINR Bonanza and similar cumulative multiplier slot games will boost volumes hugely imo. They’re super popular in Web2 online casinos and are a class above existing on-chain casino games. They’re Web2 quality games but fully transparent and decentralized. Protocols will also be able to launch these games with custom artwork and using private bankrolls if they wish. The possibilities with this are endless. Imagine a $BODEN themed WINR Bonanza game where users can bet with $BODEN tokens and earn a 100x return. This will be possible very very soon. 🪙WINR Chain Launch 🪙 The WINR chain launch will introduce a raft of new utility for the $WINR token, and will enable buttery smooth onboarding of new independent integrators, both from Web2 and Web3. It will also ensure fast, cheap and reliable transactions, bringing WINR ever closer to replicating the full Web2 gambling experience. So how big can WINR grow? 💸 WINR has no direct competitors, since it is the only protocol providing gamblefi infrastructure. As a result, I firmly believe $WINR will surpass all of the following gamblefi protocol valuations. They simply give an idea of the enormous growth potential for WINR. Protocol Market Cap FDV Rollbit $305m $305m Solcasino $79m $172m Shuffle $22m $300m WINR $20m $60m See you at $1 🫡