Bet45.co Litepaper: Intro
Introducing Bet45.co and $B45 token
Welcome to bet45.co
Bet45.co is a community-driven crypto casino project launched in December 2023. Our core belief is that our community is our most valuable asset, and we are committed to giving back the highest possible benefits to our community.
About bet45.co
Bet45.co is a decentralized casino platform powered by blockchain and decentralized finance technology. We aim to provide a secure, fair, and entertaining gambling experience to our users while prioritizing the interests of our community.
Mission and Vision
Our mission is to create a thriving and engaging community of users who love gaming and web3. We envision bet45.co as a transparent and sustainable platform where every $B45 token holder is rewarded for their participation.
Tokenomics
Utility
One of the utilities for the $B45 token will be to receive the reward when you stake the token on Bet45 platform. The reward comes from multiple sources and pools, one of which is from the rewards sharing pool where we give a huge sum of our bonuses from the operations back to active users, campaign participants, stakers, NFT holders and traders, and so on.
Rewards sharing table
As well as active players, $B45 token holders will benefit from holding our tokens as we will continue to pay out the rewards daily to network participants.
Launch Strategy
Launching a casino is extremely difficult as it is a highly competitive business. Therefore, Bet45.co has formed a strategic partnership with a leading entertainment platform on BNBchain with over 16 million registered users. We will reveal the partnership and make announcement in due time.
Bet45.co will run a quest on 13 December 2023 to build a strong community and give out special NFTs to our loyal customers.
Quest for Community
Run a quest in December 2023 for a limited time.
The launch of the Community Launchpool will occur in February 2023.
Token Distribution:
3 million tokens will be distributed.
These tokens will be shared with community partner NFT holders and bet45.co NFT holders.
The rarity of NFTs will determine the number of points earned, affecting the $B45 tokens received from the launchpool.
Quest for Real Users:
Run a “First Bet” quest for users interested in betting.
Each $1 bet will equal 1 token.
There will be a maximum allocation of 300 tokens per user.
Users holding NFT chips may receive more tokens based on their chip ranking.
Total Token Allocation:
Initially, there will be 100 million tokens for the quest.
The allocation may increase depending on the quest’s success.
*When you bet $1 you earn 1 bet45.co token (max. 300 tokens per person). 100 million tokens will be allocated for this quest.
** When you win $100 you will earn 10% more if you hold the number “5” NFT. There are no additional or combinations of NFTs allowed; we only give a bonus to your highest power NFT. Meaning if you hold all 5 NFT you only get a 10% net bonus for each winning you make for 1 year.
Special “Pawn shop” feature
bet45.co will develop a Pawn shop where users can pawn their digital assets and earn bet credits.
This product from bet45.co introduces lending mechanisms to the gambling sector. Everyone is able to earn some bet credit by depositing their asset as collateral. Real-time calculations are used to determine the lend capacity and liquidation percentage. Users are allowed to gamble for free with this feature and to cash out their winning wagers. The function operates according to standard lending principles. To preserve position and avoid being liquidated, users must balance their lending and deposit valuations. Users can return the bet credit at any moment to receive their collateral returned. Users can deposit USDT as a bet credit and return it for collateral if the bet credit is too low.
Timeline
1st quest in Q4 2023
bet45.co.co casino open in Q1 2023
First bet quest start in Q1 2024
List on CEX and DEX in Q2 2024
Launch Pawn shop in Q2-Q3 2024
This whitepaper outlines bet45.co’s mission, tokenomics, launch strategy, NFT Chip bonuses, and the timeline for key events. As bet45.co continues to grow and evolve, we remain dedicated to delivering value to our community and providing a secure and enjoyable gaming experience. Please note this whitepaper is subject to change as we learn and evolve over time.
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