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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Kaspi.kz Statement on Misleading short-seller research

2024-09-19T16:08:05Z

ALMATY, Kazakhstan, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The company is issuing the following statement following the research report published by Culper Research today:

In our view, the report is misleading, inaccurate and misrepresents our business.

Being the first company from Kazakhstan to successfully list on Nasdaq has obviously raised our profile amongst short sellers.

For those investors who have known us over the years, our reputation speaks for itself.

About Kaspi.kz

Kaspi.kz’s mission is to improve people’s lives by developing innovative mobile products and services. To deliver upon this we operate a unique two-sided Super App model – the Kaspi.kz Super App for consumers and the Kaspi Pay Super App for merchants.

Through these Super Apps consumers and merchants can access our leading Payments, Marketplace, and Fintech Platforms. All our services are designed to be highly relevant to users’ everyday needs and enable consumers and merchants to connect and transact, using our proprietary payments network.

The combination of a large, highly engaged consumer and merchant base, best-in-class, highly relevant digital products and a capex lite approach, results in strong top-line growth, a profitable business model and enables us to continue innovating, delighting our users and fulfilling our mission.

Harvard Business School has written two case studies on Kaspi.kz which it continues to teach to its MBA students.

Kaspi.kz has been listed on Nasdaq since January 2024.

For further information david.ferguson@kaspi.kz +44 7427 751 275

Forward-looking statements

Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Kaspi.kz. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might", the negative of such terms or other similar expressions. Kaspi.kz wish to caution you that these statements are only predictions and that actual events or results may differ materially. Kaspi.kz does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Kaspi.kz, including, among others, general economic conditions, the competitive environment, risks associated with operating in Kazakhstan, rapid technological and market change in the industries the Company operates in, as well as many other risks specifically related to Kaspi.kz and its respective operations.


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