Basebet.io, a leading blockchain-powered casino and sportsbook, is proud to introduce its native token, $BBT, which provides players with access to staking opportunities.
The $BBT comes into play to build active user engagement and create long-term value for the Basebet.io community. The $BBT token is a foundational token created to serve different utilities that span various platform features. The token is designed to facilitate transactions and serve as an incentive tool to reward user participation and governance.
Using the $BBT token, players can access Basebet.io’s staking program, which offers a dynamic and competitive percentage yield (APY). The token also offers holders exclusive access to features, including games from top-tier providers and Basebet.io’s in-house games. Holders also get the VIP Program Pass, an automatic upgrade granted to users who lock a specific amount of $BBT. The pass elevates the user to high VIP tiers that accelerate a player’s progress to new ranks by a factor of 1.2x to 2x.
Notably, Basebet.io has also integrated the $BBT token into its progressive jackpot system to act as a key multiplier for earning points toward the various jackpot opportunities. Basebet.io has also employed a mining mechanism that operates similarly to a Rake-back system, rewarding participants according to their engagements with the platform. The more a user engages with the platform, the more they are rewarded. Other additional benefits for $BBT holders include access to VIP tournaments, high-stakes events, and rewards through the referral program.
The $BBT token operates under a deflationary model that seeks to support its attainment of long-term value. The Basebet.io platform has also portioned part of the profits for buybacks, staking rewards, and liquidity to create a sustainable token economy.
Basebet.io is an online casino seeking to revolutionize the online betting industry. It hopes to achieve this by leveraging the available tools and technology to offer a unique platform with a smooth user experience. Since its launch, the platform has made many significant steps, including attaining over 560 holders of Gates NFTs, over $10 million in platform volume since the magnet launch in June, and an actively growing community.
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