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Home All Events ByBet Liquidity & Staking Launch

Date

Nov 02 2022
Expired!

TimePacific Time

7:00 am

Your Time

  • Timezone: America/New_York
  • Date: Nov 02 2022
  • Time: 10:00 am

Status

Active

ByBet Liquidity & Staking Launch

November 3 update – despite raising 95 BNB with a 50 BNB softcap, the team feels they need more money and cancelled the presale. No word as to next steps.

November 1 update – the team isn’t answering “Wen launch” questions. This time is a placeholder.

Token launch for a gambling platform launching on BSC.

The team has not announced a launch time yet, only that it will take place on November 2.

DETAILS
  • Launch details
    • Token will launch on Pancakeswap
    • Token pair: BBET/WBNB
    • Presale and listing prices will be determined at the end of the presale
      • Presale will be held on Pinksale and will last for 4 days (soft cap: 52 BNB)
    • Initial marketcap will be determined at the end of the presale
    • 51% of the presale funds will be added to liquidity
      • ❌ No information on how the remaining presale funds are allocated
    • No vesting – 100% of presale tokens unlocked at launch
  • Tokenomics
    • BBET is the governance token
      • Holders receive dividends from the gaming profits
      • Used for placing bets on sport events & casino games
    • Total supply: 1,200,000,000 BBET
      • 21% – Staking (1% unlocks on 2023/03/03, then 2.8% monthly – lock info)
      • 18% – Ecosystem reserve (20% unlocks on 2022/11/03, then 20% monthly – lock info)
      • 15% – Presale
      • 15% – Marketing (1% unlocks on 2022/12/03, then 9% monthly – lock info)
      • 10% – Liquidity (1% unlocks on 2023/02/03, then 10% monthly – lock info) according to Pinksale, 20% – Liquidity according to the whitepaper
      • 10% – Team (1% unlocks on 2022/12/03, then 2.8% monthly – lock info)
      • 7.497% – Liquidity (will be locked on Pinksale 550 days after pool ends)
      • 3.503% – Unlocked
      • 1% – Free bounty & airdrop, according to the whitepaper
    • 5% buy tax, reducing monthly
      • Liquidity – 2%
      • Marketing – 1%
      • BUSD rewards for stakers – 1%
        • 60% early withdrawal fee
        • There will be staking after launch
      • Team – 1%
    • 15% sell tax, reducing monthly
      • Liquidity – 5%
      • Marketing – 5%
      • BUSD rewards for stakers – 4%
        • 60% early withdrawal fee
        • There will be staking after launch
      • Team – 1%
  • Features:
    • Football pools
      • Users can bet on team A or B to win, lose, or both to draw
      • If draw, users split the rewards in the pool in proportion to their initial investment
      • If any of the teams win, 95% goes to the winner
        • 3% to ByBet treasury
        • 2% to insurance fund
      • Rewards are claimable within 48 hours
    • Casino games
      • Crash
      • Classic Dice
      • Ring of Fortune
      • Coin Flip
      • Wheel
      • Hash Dice
        • Betting will be available after launch
    • Lottery
      • Users can buy tickets for $0.1
        • Users choose 6 numbers for each ticket
        • All 6 numbers match = $100,000 prize
        • 1st five numbers match = $3000 prize
        • 4 of 5 numbers match = $20 prize for each ticket
        • 3 of 5 numbers match = $1 prize for each ticket
      • Prize pool comes from 3% of the platform’s trading volumes & 3% of the betting prize pools
    • Insurance
      • Users can reserve BBET tokens as insurance with a max of 10% of the user prediction amount
      • 15% of the prize goes to insurance and is distributed to users who lost their prediction and reserved insurance
    • 0.15% referral commission on casino games and 0.25% referral commission on sports betting
    • Dividends are calculated from the gross profit each quarter, and distributed to BBET holders who have held for > 3 months

Blockchain

BSC

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