📃Whitepaper

Defibet white paper

DEFIBET is an innovative Play-to-Earn, Profit-Sharing Casino and DEFI Protocol which generates passive income for all token holders within the ecosystem. DEFIBET allows you dive into a new realm of live dealer casino gaming with a fun, fast, provably fair and immersive Gaming experience.

We are developing the NEXT-GEN Online Casino on the robust infrastructural framework of the Binance Smart Chain. Each time a player loses a bet, the funds go straight into a liquidity pool with a call function in our smart contract that simultaneously shares dividends amongst our Diamond Hands (50% to Wallets who bought from Private Sale and are still Holding, 20% to Wallets Holding since public sale & 10% to Wallets Holding since Launch). Dividends are paid out to token holders daily.

A robust protocol for trustless and decentralized casino gaming in combination with the live dealer will position DEFIBET as the future of cross chain gambling DApps and will unlock new possibilities for players, operators and advertisers alike.

Our BETA casino is Live and exclusive with original game offerings and provides an innovative take on blockchain-based games creatin a a unique opportunity for partnerships with leading live dealership game providers.

With our total token supply, 15% will be dedicated to the win wallet, which is where winning predicted outcomes are paid from. In order to keep the winnings wallet from running out, 20 % of tokens lost by token holders as a result of losing a game are returned to the win wallet. In addition, 50% of withdrawal fees will be returned to the win wallet.

FEATURES

PROOF OF STAKE

All Token Holders automatically receive staking rewards just by holding the $DBET in their wallets. These rewards can be traded for BNB or BUSD.

SECURE

Building on a powerful cross chain network gives DEFIBET flexibility, Transparency and Security.

EFFICIENT

$DBET is a BEP-20 token with cross-chain functionality and can be earned through our state-of-the-art Proof of Play mechanism.

IMMERSIVE

There is a wide selection of games, a unique live dealer experience and a reward mechanism for all platform participants.

Reward wallet

Our reward wallet was designed to reward the community while also giving the community control over our platform. 20% of withdrawal fees and 20% of tokens lost by token holders due to losing a game are returned to the Reward wallet and distributed to all $DBET Token Holders via our Proof of Stake Mechanism.

Team wallet

30% of withdrawal fees are directed to the team wallet for platform upkeep and marketing.

Deposit system.

You can make a deposit using our native coin and immediately begin playing our online casino and guessing game to profit from your token. You can also use BNB, BUSD, and USDT(BEP 20) to make a deposit. These deposits will be exchanged for our native token, which will be added to your balance and used to invest in our games in order for you to profit.

Withdrawal system

With a 1-Click withdrawal system, you can withdraw your native $DBET token or exchange it for BNB, USDT or BUSD.