Update #3 - StakeIt Token

Hello everyone,

It has been a while since we have updated the blog. We have been fully focused on further developing our platform and we are proud to announce the following updates:

Arcade System — users can now play online arcade games through the StakeIt website. Users can earn 1 STAKE per hour for playing games here.
Daily Raffles— users can now participate in a daily raffle with a reward of 100 STAKE. 1 entry costs 10 STAKE and the winner is selected randomly by a bot.
New raffle starts 00:00AM (UTC).
Raffle ends @ 11:00 PM (UTC) daily.
Raffle Winners Processed @ 11:30PM (UTC) daily.
Payouts @ 11:59PM (UTC) daily.

1. Scratch Cards — users can now play scratch cards. There are over 10 different types of scratch cards available. Each scratch card is a deck which contains limited number of winning and losing cards. Users can determine their winning possibilities by referring to the number of cards available. Although, if a user is simply lucky, the rule does not apply.

2. Affiliates system (under development): we will be implementing a comprehensive affiliates system whereby users are rewarded with STAKE for referring new sign-ups as well as a 1.5% commission for all future purchases (including withdrawals) made by their referrals.

3. 1-page AD platform (under development): we will be introducing the 1-page AD platform as explained in our whitepaper v1. AD spaces will be purchasable with STAKE only. Affiliates can receive 1.5% commission.

4. NO MORE DEPOSIT FEES! — we no longer take deposit fees and we have drastically reduced the minimum amount for deposits (100 STAKE).

5. Changed Withdrawals! — we do not take ETH as withdrawal fees anymore. Instead, we will be taking 3% of the total amount of STAKE to be withdrawn as withdrawal fees. Users can reduce the fees by using affiliate coupons. By using an affiliate coupon, a user can decrease his/her withdrawal fees to 2%. 1.5% of the fees goes directly to the affiliate who has provided the affiliate coupon and 0.5% is destroyed. If a user does not use an affiliate coupon for withdrawals, he/she will have to pay 3% of the total amount as fees. When this happens, all fees (3%) are entirely destroyed.

6. Badges: users can now collect badges accordingly. View your badges on your profile! All token sale participants have gained the ‘early investor’ badge.

We now have over 14 users who are staking their StakeIt tokens on the website. The top 10 Stakers leaderboard is available on the sidebar.

Our post-ico bounty campaign is up and running! You can participate here. Arteezy.rtx is our bounty campaign manager.

More great news and updates to be provided soon!