A new decentralized online gaming platform called Blockchain Bets has launched, promising what it calls “a unique experience for users.” The token allows users to become part-owners of the platform, which operates on the blockchain, receiving yield rewards through staking.

The new token facilitates its users a chance to own a part of an online gaming club and to participate in various sports and games using blue-chip cryptocurrencies, a press release explains.

Blockchain Bets operates on a decentralized platform, providing “a secure and transparent experience” for its users. Transactions are recorded on a public ledger and the smart contract code ensures fairness for all parties involved, the platform noted. The token is substantially divisible, enabling users to trade any amount they desire. 

With a projected market capitalization of 8 billion dollars, “Blockchain Bets is set to become a significant player in the cryptocurrency market,” the operator said in a statement. The token strives to drive “the next bull run in the crypto market” and establish itself “as a world reference for decentralized online gaming.”

The platform offers “a wide range of sports and games for users to participate in,” including soccer, basketball, football and more. As stated in a press release, the platform aspires to become” one of the significant online gaming platforms of its kind” and to transform the traditional online gaming industry.

Blockchain Bets has a total supply of 1 billion tokens with 83% of this amount being made available for circulation at the time of its relaunch, the platform noted. A portion of 3% was allocated to a betting exchange wallet, while 12% was intended to be burned. As of now, 2% of the burn allocation has already been burned and an additional 12% is expected to be burned as the price reaches certain milestones. 

Blockchain Bets was created with an initial investment of over $250,000 worth of Ethereum. The $BCB token is used within the platform and enables token holders to have a stake in ownership and receive a share of the profits generated from the platform. Therefore, Blockchain Bets “embodies the essence of decentralization,” the business said.

The company is absolutely thrilled to launch Blockchain Bets and to provide a new way for users to trade in the online gaming market. By providing a secure, transparent platform for participating in a variety of sports and games, and by enabling users to become part-owners of the platform, Blockchain Bets is poised to disrupt the traditional online gaming industry,” officials said in a statement.

Original article: https://www.yogonet.com/international/news/2023/02/16/66121-blockchain-bets-launches-decentralized-igaming-platform

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