▄▄▄ How doese BetOnYourself work?
BetOnYourself serves as a tool for players who want to bet on their own gaming skills against anyone,
anytime, anywhere! Every player can bet as much money as they want. Every player can choose their opponent. Everything is in the player's hands.
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What problems does BetOnYourself solve?
Our main question when creating BetOnYourself was why should we play video games for nothing if we could play them for money?
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MARKET OPPORTUNITY
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BUSINESS PROFITABILITY
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TOKEN CROWDSALE & USE OF FUNDS
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iBET PRICE & TOKEN SUPPLY
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iBET TOKEN
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About
The development of the BetOnYourself platform will be funded by selling vouchers (iBET) for our future escrow service fees to ICO backers.
Vouchers (iBET) represent an advanced payment offers for the escrow service and will be usable right after the launch of the BetOnYourself platform.
As an iBET owner, you have the right to have your iBET tokens withdrawn at the time of a trade, but you can also decide to sell your rights on the market as iBET will be a tradable token.
The iBET token will have a great advantage over other payment options. By using the iBET tokens, there will be a 50% discount on the service fees for every single bet placed.
The amount of playing “bets on yourself” with a single token will be based on the market price of iBET tokens at the moment of the trade.
A transaction for an iBET holder will be charged at the best asking price which favours buying iBET tokens in advance.
Any user will be charged a fee in the currency they are playing in; therefore, owning iBET tokens in advance will not be necessary.
The fee cost will be executed automatically. iBET owners will have their iBET tokens subtracted from the balance, based on the iBET’s market value.
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Fee destruction
iBET tokens used for fees when playing “bets on yourself” will be burned on the Ethereum network using a smart contract designed to
destroy tokens on a regular basis. We will also allocate 100% of the funds received from other Crypto commissions for the buyback and burn of our (iBET) tokens.
This commitment will apply during the first two years of the platform’s operation.
After two years of operation, we will prepare a new strategic plan based on the experience gained from the first two years; the new strategic plan will be valid for an additional two years.
With our longstanding presence and experience in the crypto industry,
monitoring the movement of usability in the related demand for
issued tokens in other projects and after discussions with the team
and our advisors, we find that the only suitable usability of a token is
when the user has an actual benefit with its use.
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iBET functionalities
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ROADMAP
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TEAM
To stay up to date with the project and join our mailing list, register to BetOnYourself Alpha: (https://alpha.betonyourself.io),
and test how BetOnYourself works in real-life.
For joining and testing the platform, you will also get some tokens as a reward! Want to earn some iBET tokens? Join our bounty campaign by clicking this banner:
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