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 and Aptos Foundation Announce First Four Projects Selected for the Ankaa Accelerator Program

2024-09-20T04:42:56Z

SINGAPORE, Sept. 20, 2024 (GLOBE NEWSWIRE) -- OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, and Aptos Foundation, a global blockchain leader, today jointly announced the selection of four high-quality projects for the Ankaa Accelerator Program, launched in partnership with Alcove last month and operated in partnership with Ankaa.

This milestone marks a step forward in the collaborative efforts of OKX Ventures, Aptos Foundation, Alcove and Ankaa to support and nurture the next generation of consumer-facing Web3 applications.

Deeply embedded in the developer community, the Ankaa Accelerator Program offers tailored incubation plans for each selected project. Participants receive comprehensive support, including venture capital backing, mentorship, market exposure and access to an extensive network of industry experts.

With a shared commitment to nurture high-potential projects that facilitate the onboarding of the next billion users to Web3, OKX Ventures and Aptos Foundation conducted a rigorous evaluation process to select the four most outstanding projects. These projects demonstrate significant potential to contribute to the Web3 ecosystem. The selected projects chronologically are:

  • Mizu: The first PayFi on Aptos, is revolutionizing payments for users, merchants, and developers
  • PlaysOut: A Web2 and Web3 integrated mini-game platform, fully compatible with WeChat's mini-game framework. It bridges the gap between traditional and blockchain gaming
  • Luckey: A next-generation keyboard app that integrates AI and DePIN technology, aiming to onboard the next billion users to the crypto world
  • Mereo: A reputation-focused fan engagement platform that recognizes and rewards fans while providing powerful data insights into fan behaviors

Interested projects are encouraged to stay tuned for further updates and to contact the team at contact@ankaa.pro for more information.

The Ankaa Accelerator Program is backed by a US$10 million fund established by Aptos Foundation and OKX Ventures, aiming to spearhead the growth of the Aptos ecosystem and Web3 adoption.

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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