Blockchain

Basebet.io Launches $BBT Token: A New Era in Blockchain-Powered Gaming

G, H, September 17th, 2024, Chainwire

Basebet.io, the leading blockchain-powered casino and sportsbook, is excited to introduce the $BBT token. The $BBT token provides players with access to staking opportunities, VIP program acceleration, and enhanced jackpot features, creating new avenues for engagement on the platform.

The pre-sale for the $BBT token begins Wednesday at 10 AM EST, offering early participants exclusive bonuses.

What Is $BBT?

The $BBT token is integrated into the Basebet.io platform, allowing holders the chance to benefit from high-yield staking, expedited VIP progression, and increased jackpot opportunities. Users can leverage these features for more seamless participation in the Basebet.io ecosystem.

Key Features of $BBT:

  1. Staking Opportunities: Token holders can participate in Basebet.io’s staking program, which provides returns aligned with industry standards.
  2. Accelerated VIP Progression: Level Up Faster- Holding $BBT enables faster advancement through Basebet.io’s VIP ranks, unlocking benefits such as cashback, rakeback, and access to exclusive events.
  3. Enhanced Jackpot Opportunities: Players betting with $BBT get more chances to hit those massive jackpot wins. With every bet, you’re increasing your chances for bigger payouts, making $BBT perfect for high-rollers looking for that next big win.

Additional Benefits for $BBT Holders:

  • Access to exclusive VIP tournaments and high-stakes events.
  • Participation in Basebet.io’s referral program, offering lifetime commissions and potential earnings of up to $4,000 per referral.

Deflationary Token Model

The $BBT token operates under a deflationary model, aiming to support long-term value. A portion of platform profits is allocated for buybacks, liquidity, and staking rewards, designed to foster a sustainable token economy.

Pre-Sale Information

The $BBT token pre-sale starts Wednesday at 10 AM EST, giving early participants access to exclusive bonuses and discounted rates. Those who want to join should visit Basebet.io and follow the easy steps to purchase $BBT tokens. Pre-sale participants will enjoy exclusive bonuses and additional rewards before the token officially launches.

Key Features of $BBT’s Tokenomics

The $BBT token offers more than just in-game utility; it is designed to evolve alongside the Basebet.io ecosystem. Here are some key features supporting its long-term potential:

  • Deflationary Model: A portion of platform profits is allocated to buybacks and token burns, helping to manage the circulating supply.
  • Staking Rewards: 2% of platform profits are distributed as rewards to users participating in the staking program.
  • Liquidity Growth: 3% of platform profits are directed toward liquidity, contributing to a stable market environment for $BBT.

Proven Success of Basebet.io

Prior to the $BBT launch, Basebet.io has achieved notable growth milestones:

  • Over 560 holders of Gatos NFTs, with a low sell-off rate, demonstrating community confidence.
  • USD 10 million in platform volume since the mainnet launch in June.
  • An active community supporting the platform’s future development.

About Basebet.io

Basebet.io is a blockchain-based casino and sportsbook offering over 10,000 games and extensive sports betting markets. Focused on transparency and security, Basebet.io uses blockchain technology to ensure a fair and decentralized gaming experience. The platform integrates user rewards, NFTs, and a robust token ecosystem to enhance player engagement

Users can stay connected with Basebet.io on social media:  

Twitter: https://x.com/Basebetio

Discord: https://discord.com/invite/basebetio 

Telegram: https://t.me/Basebetio

Contact

Basebet
partners@basebet.io

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OKX Ventures Partner Jeff Ren Shares Insights at 'Swap to the Future' Event in Singapore

2024-09-18T04:20:13Z

SINGAPORE, Sept. 18, 2024 (GLOBE NEWSWIRE) -- OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for September 18, 2024.

OKX Ventures Partner Jeff Ren Shares Insights at 'Swap to the Future' Event in Singapore

At the recent 'Swap to the Future' exhibition event hosted by OKX Wallet and Uniswap Labs in Singapore, OKX Ventures Partner Jeff Ren shared valuable insights on the future of CeFi and DeFi collaboration. The event, which took place on September 17, featured a fireside chat with Jeff and Uniswap Head of Customer Experience Steph Gulati.

Key highlights from Jeff's discussion include:

  • Product-driven approach: Jeff emphasized OKX's focus on product development and innovation, highlighting that most OKX employees are product-focused and engineers
  • Comprehensive product suite: OKX offers a range of products including the OKX Exchange and OKX Wallet, with new products in development to bring people onchain
  • Global community: Jeff noted OKX's global audience, describing them as having a deep understanding of crypto and Web3, represents the first large-scale community to embrace Web3
  • Partnership with Uniswap: Jeff expressed enthusiasm about collaborating with Uniswap, recognizing it as one of the most successful onchain products with valuable expertise. Their ongoing collaboration aims to create a user-friendly and secure onchain experience to bring more users onchain, creating a seamless experience between CeFi and DeFi by providing better liquidity and market access
  • CeFi to DeFi transition: Jeff highlighted OKX's excitement about channeling CeFi users to DeFi products like Uniswap and various blockchain networks. The development of OKX Wallet, which integrates multiple onchain applications and supports self-custody, emphasizes OKX's commitment to decentralized finance
  • Onchain Wallet innovation: Jeff discussed the ongoing development of the OKX Wallet, including upcoming projects and launches
  • Compliance commitment: Both Uniswap and OKX emphasize the importance of compliance while ensuring an optimal user experience. They work closely with legal and compliance teams to align products with regulations globally. Transparency and user education are key to balancing innovation and regulatory risk

Several other events co-hosted by the OKX team this week include: "TON Asia - Singapore," co-hosted by OKX Wallet and OKX Ventures on September 18; "Bits, Bytes and Brews," co-hosted by OKX Wallet and OKX Ventures on September 19; and "Summer Is Here Mixer: Breakpoint 2024 ft. Silent Disco," co-hosted by OKX Wallet on September 20.

To learn more, visit OKX's Support Center.

For further information, please contact:
Media@okx.com

About OKX Ventures

OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.

Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.

Find out more about OKX Ventures here.

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