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 Co-Leads US$2 Million Initial Funding Round in Amnis Finance

2024-09-20T15:11:01Z

HONG KONG, Sept. 20, 2024 (GLOBE NEWSWIRE) -- OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for September 20, 2024.

OKX Ventures Co-Leads US$2 Million Initial Funding Round in Amnis Finance

OKX Ventures is pleased to announce that it has co-led a US$2 million initial funding round in Amnis Finance, a leading liquid staking protocol on the Aptos blockchain, with Borderless Capital in early September. This funding round also saw participation from renowned investors, including Aptos Labs, Arkgrow Pte Ltd, Ambush Capital, Gate Ventures, Sky Vision Capital, Old Fashion Research, Chorus One Venture, Re7 and Flowdesk.

Currently as one of the top protocols in the Aptos ecosystem for liquid staking, Amnis Finance is committed to enhancing its services based on Aptos and expanding its reach through fostering strategic partnerships, innovations and value-adding offerings for its ever-growing user base. This round of funding will be used to accelerate the product development and integration of Amnis Finance's liquid staking solution across Aptos' extensive DeFi ecosystem.

To learn more about OKX Ventures, visit https://www.okx.com/ventures.

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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