KINEKO IS NOW COMING TO SOLANA
https://twitter.com/KinekoDefi/status/1438896042976677891
Topic: Bittawm Defi Platform Review - Kineko - DEFI meets Betting! (Read 77 times)
Quote
This is an interesting idea, combining DeFi lending with Casinos. Another cool idea is combining a casino with a mixer like mixercasino dot com. It's interesting how the online gaming is advancing. They say that pornography and gambling normally are at the front of technological advances.
That is an interesting statement.
This is definitely first of its kind
blockchain betting at its finest!
Dont sleep on this incredible new platform!
Let me know your experiences with using the platform?
I am an advocate for Defi and disruptive tech, for some insight go here:
Bittawm's Intro to Liquidity "Mining." The new most profitable form of mining?:
https://bitcointalksearch.org/topic/--5349340
I present to you a true innovation. A platform that combines DeFi with betting! Kineko!
Platform Name: Kineko
Native Token: KKO : https://www.coingecko.com/en/coins/kineko
Chain: Ethereum
Discord: https://discord.com/invite/kineko
Docs: https://kineko.gitbook.io/kineko/
Website: https://kineko.com/ (for betting) and https://stake.kineko.io/ (for staking)
First what is it?
Kineko is an online bookmaker with DeFi integration. The DeFi platform rewards the user for participating in the liquidity provider pools, rewards are then transferable to the bookmaker which offers real rewards for the liquidity providers.
Different Components of the website:
[Exchange] fully licensed bookmaker with real time odds and liquidity for all markets specializing in sports and eSports
[Staking] Staking allows users to utilize their assets in by providing liquidity and be rewarded with KKO
[Token Distribution] KKO will be split among developers, the DAO and the community, with most of the rewards going to the staking protocol from fees generated on the bookmaker.
[Kineko DAO] The governance of Kineko will be managed by a DAO with the native token KKO
This is what the platform looks like:
This project really interested me because it combines some really lucrative and high growth industries. Defi, bookmaking and DAOs
Really innovative and with the potential to really take off.
Let me tell you why I expect this project to do well:
The Target market is huge:
Both betting and Defi are highly attractive industries. This platform caters to many markets: Betters (both sports betting and cassino). Defi users and Crypto enthusiasts.
A token with real utility:
The Kineko token represents governance of the platform. While it is not a complete DAO yet it will be in the future. The main punchline here:"Owning / staking the KKO token gives you access to revenue share from the betting platform"
Meaning the more success the platform has the more profit KKO holders make.
Cashback and rewards:
Users also get "cashback" of 2% KKO back on any bet made with KKO. On top of this, there is an extra 2% of the defi staking rewards that get rewarded to the users with the highest betting volume (on all bets with at least 1.50 odds) This is pretty attractive comparing to traditional oddsmakers. Kineko also has other attractive promotions such as a 100% welcome bonus. users are encouraged to use this platform. I see this platform capturing much more market share in the future.
This is what the staking platform looks like:
At first glance the KKO-ETH Liquidity pool has the highest reward of over 200% APR but remember you will suffer impermanent loss for any liquidity pair. In my opinion it should still be well worth it but do your own research. The LP pool has $1,790,000.00 currently staking
the KKO staking pool is still pumping out a juicy 24.52% APR which is pretty good for a single asset staking pool. the KKO pool has approx $8,400,000.00 currently staking
Conclusion:
Kineko is the first to market incorporating defi to oddsmaking. It has every ability to really take off.
If you are a Defi Investor and want to own a piece of this incredibly innovative platform then buy some KKO and stake it in the staking pool maybe even pair up some KKO with ETH and enjoy the Liquidity Providing staking reward.
If you enjoy sportsbetting test Kineko out, enjoy some of those cashback rewards and staking volume rewards listed above.
If you are enjoy casino related games test Kineko out. They have all the traditional casino games including card games and slots.
DISCLAIMER:
REMEMBER TO GAMBLE RESPONSIBLY
DO YOUR OWN RESEARCH. I AM NOT A FINANCIAL ADVISER. I AM JUST SHARING NEW PLATFORMS WITH THE COMMUNITY
Bittawm's Intro to Liquidity "Mining." The new most profitable form of mining?:
https://bitcointalksearch.org/topic/--5349340
I present to you a true innovation. A platform that combines DeFi with betting! Kineko!
Platform Name: Kineko
Native Token: KKO : https://www.coingecko.com/en/coins/kineko
Chain: Ethereum
Discord: https://discord.com/invite/kineko
Docs: https://kineko.gitbook.io/kineko/
Website: https://kineko.com/ (for betting) and https://stake.kineko.io/ (for staking)
First what is it?
Kineko is an online bookmaker with DeFi integration. The DeFi platform rewards the user for participating in the liquidity provider pools, rewards are then transferable to the bookmaker which offers real rewards for the liquidity providers.
Different Components of the website:
[Exchange] fully licensed bookmaker with real time odds and liquidity for all markets specializing in sports and eSports
[Staking] Staking allows users to utilize their assets in by providing liquidity and be rewarded with KKO
[Token Distribution] KKO will be split among developers, the DAO and the community, with most of the rewards going to the staking protocol from fees generated on the bookmaker.
[Kineko DAO] The governance of Kineko will be managed by a DAO with the native token KKO
This is what the platform looks like:
This project really interested me because it combines some really lucrative and high growth industries. Defi, bookmaking and DAOs
Really innovative and with the potential to really take off.
Let me tell you why I expect this project to do well:
The Target market is huge:
Both betting and Defi are highly attractive industries. This platform caters to many markets: Betters (both sports betting and cassino). Defi users and Crypto enthusiasts.
A token with real utility:
The Kineko token represents governance of the platform. While it is not a complete DAO yet it will be in the future. The main punchline here:"Owning / staking the KKO token gives you access to revenue share from the betting platform"
Meaning the more success the platform has the more profit KKO holders make.
Cashback and rewards:
Users also get "cashback" of 2% KKO back on any bet made with KKO. On top of this, there is an extra 2% of the defi staking rewards that get rewarded to the users with the highest betting volume (on all bets with at least 1.50 odds) This is pretty attractive comparing to traditional oddsmakers. Kineko also has other attractive promotions such as a 100% welcome bonus. users are encouraged to use this platform. I see this platform capturing much more market share in the future.
This is what the staking platform looks like:
At first glance the KKO-ETH Liquidity pool has the highest reward of over 200% APR but remember you will suffer impermanent loss for any liquidity pair. In my opinion it should still be well worth it but do your own research. The LP pool has $1,790,000.00 currently staking
the KKO staking pool is still pumping out a juicy 24.52% APR which is pretty good for a single asset staking pool. the KKO pool has approx $8,400,000.00 currently staking
Conclusion:
Kineko is the first to market incorporating defi to oddsmaking. It has every ability to really take off.
If you are a Defi Investor and want to own a piece of this incredibly innovative platform then buy some KKO and stake it in the staking pool maybe even pair up some KKO with ETH and enjoy the Liquidity Providing staking reward.
If you enjoy sportsbetting test Kineko out, enjoy some of those cashback rewards and staking volume rewards listed above.
If you are enjoy casino related games test Kineko out. They have all the traditional casino games including card games and slots.
DISCLAIMER:
REMEMBER TO GAMBLE RESPONSIBLY
DO YOUR OWN RESEARCH. I AM NOT A FINANCIAL ADVISER. I AM JUST SHARING NEW PLATFORMS WITH THE COMMUNITY
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