Topic: [ANN] World's First Web3 Betting Platform Launch in January (Read 86 times)

Short Description

Tor Token Pre-sale between January 19 and January 23 at Pinksale.finance

Tor Bet operates in a decentralized structure based on the web3-based blockchain technology of today's betting sites.
There is no system that works like Tor Bet in the betting industry, which exceeds 250 billion dollars worldwide.

Website: https://torbet.bet/
TorBet Platform: https://torbet.casino/
Video explaining the project details: https://www.youtube.com/watch?v=s7v7443nopI
Pinksale Pre-sale: https://www.pinksale.finance/launchpad/0xC1EeA211e01C7020991386F2470224aD6B7CC919?chain=BSC
Telegram: https://t.me/torbetglobal


Torbet Version 1
In March 2023, the planning and then the software work was realized.
As of December 2023, Tor Bet testing was completed and Tor Bet Version 1 is now live and active.
Tor Bet Version 1 includes football betting, lottery and referral features (earning tor tokens from new users with a referral link).
A user with Tor Tokens in their Metamask wallet can connect to the https://torbet.casino/ website via the CONNECT button and then place football bets or participate in lotteries with the lottery feature. (These features are described in brief detail below.)
The betting odds on the Tor Bet platform are slightly higher than on global betting sites.
When a person places a bet on the Tor Bet platform, their Tor Tokens go to a wallet that acts as a vault and operates automatically. When the user wins a bet or lottery, he/she does not need to press any claim button and the winnings are returned to the wallet.

Tor Bet Version 2
Tor Bet version 2 is scheduled for release at the end of March. Features that will be in Tor Bet Version 2:
Live betting, Handball Basketball Tennis betting, Tor Bet platform working with Turst wallet, coinbase and ledger wallets.

Tor Bet Version 3
Tor Bet version is planned to be released in August 2024.
Activation of the AUTH feature (This feature is very important and is described in detail below)
The ability to create and bet on your own team with NFTs (detailed information is available on the website)


Introduction
TOR BET is a pioneering web3 project that opens the door to betting on its own platform with its own cryptocurrency based on blockchain for the first time in the world.
TOR BET is a transparent betting platform with a decentralized structure in the betting industry. Users can only place bets on the Tor Bet platform using Tor tokens.
The online betting industry continues to grow every day worldwide. In it
In 2022, the global legalized market size reached $93 billion (legal sports betting). This figure is estimated to reach $182 billion by 2030.
TOR BET is a platform created to revolutionize the global betting industry, bringing innovations and aiming to gain a share in the betting industry with tor token.
Tor Bet offers a wide range of betting games such as football, basketball, handball, as well as live betting, lottery and NFT betting.


TORBET Sports Betting
TORBET betting platform has a much more advanced structure than traditional betting sites. Many users are faced with the situation of giving their private information such as credit card information, identity information to central betting sites where they bet. They can face many problems such as freezing their accounts on illegal betting sites and not getting their money back.
The TORBET platform, on the other hand, eliminates the centralized structure wherever you are in the world thanks to its decentralized structure and blockchain technology, paving the way for safe betting with high odds. Thanks to TORBET's decentralized structure, users bet anonymously. In addition to users betting anonymously, thanks to TORBET's use of blockchain technology, all bets (data) made are digitally encrypted. This ensures a transparent and fair betting experience compared to centralized betting sites. Thanks to the TORBET platform, users experience an anonymous and transparent betting experience without being connected to any central authority.


What is Tor bet lottery logic?
Let's explain the TORBET lottery logic with an example.
The first user buys 1000 coupons with 1000 dollars worth of tor tokens. The second user buys 500 coupons worth 500 dollars, the third user buys 300 coupons worth 300 dollars and the fourth user buys 200 coupons worth 200 dollars. According to the table, a total of 2000 coupons were purchased. The user who buys 1000 coupons has a 1000 chances in 2000 to win. The user who buys 200 dollar coupons has 200 chances in 2000 to win.
When the draw is made, the First Winner wins 80% of the tokens in the pool. The second user wins 10% and the third user wins 5%. The remaining 5% of the tokens will go to the TorBet platform and will be used for the development of the Tor bet platform.


What is the Tor Bet Referral System?
When you connect to the Tor Bet platform with your wallet, there is a uniq referral link that belongs only to you. When you copy this referral link and give it to another user. When that user clicks on the link and connects to the tor bet website, you earn tor tokens equal to 10% of that user's first bet.
For example, you give your tor bet referral link to 30 users. These users made a total of $5000 worth of bets. 500 dollars worth of tor tokens are automatically sent to your wallet.
The more people you distribute referral links to, the more tor tokens you earn. Thanks to the referral system, the Tor Bet platform gains new users. The tor tokens purchased by new users are expected to increase tor token value and the number of tor token users.


What is the TORBET Partnership?

At Tor Bet, we are on a mission to bring Tor Token beyond our platform into the global betting arena. We realize that many global websites are not yet part of the web3 ecosystem and we are determined to fill this gap with the AUTH system by developing a core feature.

1. AUTH Feature: Bridging Web3 and Traditional Betting Sites
We are aware that most global betting sites do not work on web3 platforms. We are working on our AUTH feature to provide seamless integration and enable these websites to work like web3 platforms. This innovative plugin allows non-web3 betting sites to place bets using Tor Token.

2. How AUTH Works?
Betting sites that want to use blockchain technology on their websites but are not built with web3 technology apply through the Tor official website. After the applications are approved, we will provide these betting sites with a unique key for integration. With this key and the return URL, existing betting platforms will be able to seamlessly and securely integrate with the TOR BET platform, allowing their users to place bets with Tor Token.

3. Shareholder Empowerment and Incorporation
With the Tor Bet Affiliate feature, we aim to expand the Tor Token user network and encourage partner betting sites to place bets with tor tokens. By offering a wider range of betting options to anonymity-conscious customers, these sites can increase their own profits and participate in the tor token ecosystem.

4. Revenue Sharing
Only 1% of the winnings of betting sites using Tor Token will be deducted as commission by Tor Bet. The remaining 99% will be transferred to the wallet address specified by the betting sites in our system. This fair and transparent revenue sharing model allows our partners to directly benefit from Tor Token-based betting activities.