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BETGALAXY.IO 2.0 PROFIT-SHARING CASINO IS OFFICIALY LIVE
SIGNUP BONUS - WHITEPAPER
TELEGRAM - TWITTER - DISCORD🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Quality In-House Games & Third Party GamesSlots
Dice
Crash
Wheel
Current Promotions- Reach 3 qualifying referrals, receive $150. (Qualifying referral requires the user to deposit, and wager $10,000)
- Deposit, and mine 10 COSMO, receive 250 GLXY free! (First 500 users, credited to user account's after first dividend distribution)
About Profit-Sharing System 
Group 1: Players (COSMO Token)
Every wager on BetGalaxy earns COSMO Tokens, depending on the "mint cost" of COSMO at the time.
Features of COSMO Tokens:
- 50% of house profits distributed to COSMO holders
- Cosmo tokens can only be earned by wagering on betgalaxy.io
- Cosmo tokens get more expensive to mine after every stage
- Cosmo tokens burn after receiving 2X their mint cost
- Please review our Whitepaper for more information.
Group 2: GLXY Holders
GLXY holders are token holders that have been carried over from past projects. These tokens are not mineable and can be sold on Pancakeswap or other centralized exchanges.
Features of GLXY Tokens:
-30% of house profits go to GLXY holders
-GLXY tokens earn dividends my getting COSMO tokens
-GLXY will be used for governance in the future
Group 3: House
The house earns 20% of the dividend pool.
COSMO Token Mining & Burning COSMO MININGCOSMO is mined by wagering on any game (in-house games and third party games) on BetGalaxy.
COSMO mining has an escalating price structure, that increases with every 10,000,000 minted tokens. Each stage has 10 levels, and each level within the stage has a price increase associated with it:
Stage 1, Level 1: $0.05 ($5 wagered at a 1% edge, or $1.25 wagered at a 4% edge)
Stage 1, Level 2: $0.1 ($10 wagered at a 1% edge, or $2.5 wagered at a 4% edge)
Stage 1, Level 3: $0.15 ($15 wagered at a 1% edge, or $3.75 wagered at a 4% edge)
…
Each time the stage increases, the cost per level increases by an additional $0.05
Stage 1: +$0.05 per level
Stage 2: +$0.1 per level
Stage 3: +$0.15 per level
…
With BetGalaxy 2.0, we have “Mint Cost”, this number implies the amount of money each token should cost to mine.
COSMO RECYCLING / BURNING Other profit-sharing casinos have struggled to combat dilution. Early players earn tons of the in-house token like COSMO and become leeches on the profit from the rest of the sites existence. We have solved this.
How does it work?Each day, there will be a “Decay Rate”, the Decay Rate is always 2x whatever the current Mint Cost is for the stage/level. So during Stage 1: Level 1, the Mint Cost is $0.05, and the Decay Rate is $0.1, and on that day for every $0.1 you receive from Dividend rewards, 1 of your tokens will decay and recycle.
Does it benefit to get in early?Yes! It absolutely benefits to get in early, because the more Mint Cost increases (the more levels that are completed) before you have decayed your entire supply, effectively grants additional returns above the 200% that you are guaranteed to receive at minimum.
Does dilution become a problem?It does not, because of how this system works, there will always be tokens decaying and reducing the supply of tokens that are sharing the dividend pool. This allows for a constant sustainable reward system for miners. Regardless of what stage/level they enter, they will earn 200% back, at minimum.
What happens to recycled tokens?Tokens that are recycled are added to additional stages at the end of the mining model. Currently there are 10 stages with 10 levels per stage, the tokens that are temporarily burned are added as stages to the end.
Profit-Sharing Mechanics 
Our dividend pool will consist of all currencies that are playable on the platform. The dividend pool contains all total profit of the platform (losses minus wins). All players earn dividends in all available currencies.
Each day, 3% of the total dividend pool will distribute to all COSMO holders. This will credit directly to their balances on BetGalaxy.io
97% of the dividend pool carries over to the next day.
Investment OpportunityWith this change, brings a opportunity for new investors to get into a high quality product, offering a unique, and consistently profitable reward model that should be very attractive.
- 200% Guaranteed Minimum Return on Mining
- Active dilution fighting ecosystem.
- Over 3,000 Game offerings, generating revenue from players across the globe.
RoadmapDecember 2021- Bring BetGalaxy 1.0 offline to begin implementing BetGalaxy 2.0 upgrade. ✅
- Release BetGalaxy 2.0 Whitepaper ✅
- Apply for IDO Launchpad (BSCPad, BinStarter, among others) ✅
January 2022- Announce Release Day for BetGalaxy 2.0 ✅
- Social Media and Marketing Campaign for BetGalaxy 2.0 ✅
- Launch BetGalaxy 2.0 ✅
February 2022- Re-Launch Perk Station with new perks that correlates with the 2.0 model.
- Re-Launch Cashback system that correlates with the 2.0 model.
Summer 2022- Innovative Sports Betting is the Top Priority
- Launch major expansion for BetGalaxy. Voted on by Governance. Poker Room, Metaverse Casino, etc. The options are limitless!
Greetings Cosmonauts!
🚀Slot Races are LIVE!🚀
🏁First race begins at 10PM EST tonight (in 2.5 hours from now!)
- The event type is ‘Top Wagered’
- The event runs every day with a 24-hour duration
- Flat prize pool, $500 total, paid out to 20 winning spots
- The daily race ends at 10 PM EST (New York Time)
- Prize payouts are made every day at 10 PM EST (New York)
- The prize is paid in BUSD instantly at the conclusion of the daily event
- Prizes deduct from the BUSD dividend pool
- No minimum wager amount or multiplier minimum to qualify
- All the games and providers are eligible (no blacklist)
Prizes breakdown
1st: $150
2nd: $100
3rd: $50
4th: $40
5th: $30
6th: $20
7th: $15
8-11th: $10 each
12-15th: $7.5 each
16-20th: $5 each
May the best racer(s) win!
🎩ADMIN🎩
