Crypto Casino Pays Record Jackpot In Its Own Token, Which Arrives Worth $31
The winner watched the prize lose almost all of its value during the celebration animation, which the casino says runs for a minute and a half.
WILLEMSTAD. The crypto casino Glimmerchain paid the largest jackpot in its history on Tuesday, crediting a player with 2.4 million GLIM, the casino’s own token, which was worth $2.4 million when the reels stopped and $31 when the transfer cleared.
The winner, Devon Marsh, 31, a forklift instructor from Columbus, Ohio, said he watched the balance fall in real time while the confetti was still on his screen.
It went under a thousand before the music stopped. By the end of the animation I was looking at sandwich money.
Glimmerchain, which holds a gaming licence from Curaçao and gives its headquarters on its website as “the blockchain,” said the jackpot had been honoured in full. A spokesperson, Erin Kowalczyk, said the casino had sent exactly the number of tokens it promised and could not be held responsible for what they did after they left.
We paid him 2.4 million GLIM. What GLIM is worth is between GLIM and the market.
The token lost 99.9 percent of its value in the ninety seconds after the win was announced, a fall the company blamed on a single large holder who sold at the same moment. Blockchain records show that the large holder’s wallet was opened by Glimmerchain in 2024.
Marsh said he plans to hold the tokens until they recover. Glimmerchain has offered him a 200 percent bonus on his next deposit, payable in GLIM.
