With over 10 years of experience in the industry, the team behind the innovative sports betting platform Bitgame recently launched the Native Currency Lucky Tokens (LUT) Lightpaper. In parallel with this post, the team organized a $ 200,000 bounty campaign to raise awareness of blockchain-based entertainment. Compared to traditional sports betting platforms, Bitgame harnesses the power of the blockchain to deliver real, transparent and unshakable results and to support a large number of cryptocurrencies. for their participation in the platform and the opportunity to generously share the profits of the entire ecosystem.
Bitgame leads the industry
Long behind new innovations, Bitgame has followed emerging technology trends to lead the online sports betting industry into the future. As a state-of-the-art decentralized infrastructure, Bitgame offers you a secure, reliable and fair platform. These characteristics are the result of deep insights into the future of entertainment, particularly in light of the global Playtoearn phenomenon which is becoming an increasingly important part of the broader entertainment world.
Additionally, Bitgame recognizes the growing adoption of cryptocurrencies around the world as a major trend and therefore supports betting on more than 20 of the largest cryptocurrencies in the industry (Bitcoin, Ethereum, Tron, etc.).
Transparent and fair sports betting entertainment platform. Bitgame recognizes that a major problem with traditional sports betting platforms is their centralized and secret nature, and has built an entire ecosystem around profit sharing and rewards from user activities and contributions. In the future, Bitgame users will be able to play and bet on more and more sports games and matches.
LUT Lightpaper marks the beginning of a wider proliferation of the token
Lucky Tokens are the native digital currency that underpins the entire Bitgame ecosystem and can be used in a variety of ways, including betting on sports games, participating in the House of Platform auctions, and Von Of the 1 billion LUTs spent, 70% is reserved for mining rewards, 10% is used for community building through incentive rewards, 10% is used for marketing promotion and as reserve funds for development, research and legal compliance, and the project team stands 10% with a lock -in time of at least two years available for technical purposes.
Development and partnerships. As part of the ecosystem’s focus on profit sharing, LUT holders earn a percentage of the profits of the entire ecosystem just by holding the token. A portion of every profit is distributed to the dividend pool. They regularly receive a percentage of the reserve in relation to the size of their farms and the rest of the ecosystem.The more tokens a user has, the higher the percentage of rewards they will receive. This gives a new twist to the emerging gambling business model by paying dividends for participation in the ecosystem.
Rewards Campaign To accelerate the rollout of the Bitgame platform, the team sponsored a cross-platform social media rewards campaign worth $200,000. Bitcointalk forums users can participate in the campaign where they have to share information about Bitgame with their own communities and networks.
During 12 weeks the participants have to carry out specific actions. and post certain posts on Twitter, Facebook, Reddit, Instagram, Telegram, YouTube and TikTok to redeem your LUT. In addition, some lucky ones will be rewarded with random cash prizes for participating.
For more details about the campaign, head over to https://bitcointalk.org/index.php?topic=5360440.0
LUT Lightpaper: https://bitgame-lut.gitbook.io/lightpaper/