INTRODUCTION.
Gambling has been done by humans for a long time and has even become part of human culture for thousands of years. In the past, people gambled with a variety of media, the most popular of which were cards, roulette, etc. All gambling activities used to be done offline, but since the emergence and development of the internet, online gambling has become popular among people around the world. Until now, the global online gambling market size is expected to reach USD 127.3 billion by 2027, this makes the gambling industry very potential.
Talking about online gambling, maybe you will be interested in this one platform. It is an online gambling platform that offers users a transparent and fair service. This is Bitfresh - the first community-driven iGaming platform where everyone wins.
A dApp is an application that runs without a backend in a decentralized computer system - for example, on a blockchain. Accordingly, the dApp uses the main advantages of the blockchain: transparency, reliability and data immutability. DAPP (Decentralized Application) consists of a backend code running on a decentralized peer-to-peer network. DAPP can also have a frontend-generated user interface that accesses the backend. No central server is required for DAPP to function: the interaction between users and providers is direct.
The emergence of blockchain technology and other digital assets has changed the way the world today now manages and conducts transactions. This technology has been adopted by various industries including the iGaming industry to improve on the existing method on which their day-to-day business activities are carried out. The transparency and immutability of blockchain technology helps creating a unique experience for players in the online gaming space.
About the Bitfresh?
Bitfresh is a blockchain-based community driven social iGaming experience that pays dividends to the players.
The platform is filled with reward systems to give players many ways to win and earn over time BitFresh uses blockchain technology to create a decentralized platform, where the gaming processes are efficient, transparent, and provably fair.
BitFresh will harness the maximum capabilities of blockchain technology, using the TRON network to provide gamers with numerous advantages which include: Low commission fees, fast transactions, minimum bets, increased security, non custodial betting and dividend sharing.
Currently, Bitfresh provides various games that you can access through an easy interface, such as classic dice, coin flip, classic slots, 3D slots, and many more. It is planned that Bitfresh will develop and launch new games through the TRON ecosystem. The TRON ecosystem is considered very suitable for development and iGaming deployments, so Bitfresh chose TRON as the architecture of the game.
Bitfresh Features
Bitfresh offers a secure and transparent blockchain-based gaming platform for global users. Players can access various games such as classic dice, coin flip, classic slots, 3D slots, and many more easily and safely. But the Bitfresh feature is not only that, there are still other features provided by Bitfresh, the following are the features;
• Transparency: Bitfresh leverages blockchain technology to create a gaming platform that is transparent and can be trusted by users.
• Fairness: To create an honest gaming ecosystem, Bitfresh uses RNG-certified game providers and provably-fair technology for games.
• Community Driven: On Bitfresh, the community can participate in participating in Bitfresh development by sending feedback or suggestions.
• Innovative Gaming Mechanics: Bitfresh implements an innovative game mechanism and is quite new to the industry. With this mechanism, Bitfresh can increase user engagement and retention.
• Staking: Players can stake their tokens to maximize their profit.
• Dividend: Players and stakeholders can get dividends through the Bitfresh dividend system.
BLOCKCHAIN GAMBLING
Gambling on the blockchain has been on the rise. With actors like Wink, BlueBet and Dice2Win averaging more than a USD 4 million weekly transaction volume each. From what is currently reported on sites like Dappradar the top 25 casinos Dapps average more than USD 50 million in weekly transaction volume. If we account for a 2% casino edge, we are talking of at least USD 1 million in profits a week generated just by the top 25 casino Dapps.
WHY BITFRESH?
One of the main problems in the iGaming industry is the lack of transparency and, as a result, users distrust of traditional applications and online games. With blockchain, you can provide complete transparency, secure storage of user funds, and non custodial gambling.
Bitfresh provides a secure and transparent blockchain-based gaming platform. We like to think of it as the first community-driven iGaming platform. Bitfresh is our take on the future of gambling, with a refreshed spin on how society gambles. In different words, it is the future of gambling in which trust is not always the top priority.
OUR GOALS
Our vision is to be a community driven iGaming platform that makes constant changes and iterations based on user feedback. The main goal is to create a fair and trusted environment for stakeholder and gamers alike.
We want to be recognized as the first truly community driven iGaming platform
We want to be amongst the first big blockchain based iGaming platforms
We want to help moving the iGaming industry towards the right direction with provably fair gaming and true transparency
We want to be referenced on how successful a decentralized project can be become through the next generation of token economies.
THE PLATFORM
Gamification
Ranking System
One the many ways that Bitfresh rewards players are through crypto rewards & bonuses for reaching a new rank. Each rank has a requirement of some amount of wagering and missions. The higher the rank, the higher the prize.
Daily Missions
The platform will have a set of missions that can be completed daily to access special bonuses and additional ranking points.
Purchasable Items
Players will have access to a set of items that can be purchased with BFT. These items will give the players a special ability or bonus over our in-house games. These bonuses can go from extra mining rewards to the reduced house edge.
Many Ways To Earn
Referral Program
Referring players to BitFresh gives the referrer a percentage of all future bets from the referred players. The platform covers this cost so that referred players are not negatively affected. The referral program allows for passive income for as long as those referred players use BitFresh.
Staking
When players stake with their BFT tokens, they will receive a portion of the platform's profit (dividends) from the Dividend pool.
BFT Token & Dividends System
Players and stakeholders can earn through our dividend system and BFT token price speculation.
BFT token is a means of exchange within the platform and has multiple applications like:
• Staking. By staking users can have the opportunity to gain platform profits (dividends)
• An in-game currency for betting and payouts
• The reward for participating in the Bitfresh iGaming ecosystem
• Cash Back
• BFT tokens may also be sold or exchanged for other cryptocurrencies, such as Bitcoin, Ethereum, etc.
BitFresh is a proof-of-gameplay reward mechanism aiming to revolutionize the iGaming industry. Users are rewarded for their time playing, while Game Developers grow their gaming community, earn crypto and get help from adhering services. Everybody wins! These tokens are the basis for the platform’s revenue sharing system through a dividend distribution.
BFT Token Details:
• Token Name: BitFresh Token
• Token Symbol: BFT
• Total Supply: 1,000,000,000
• Token Type: TRC-20 TRON Based Token
• Token Type: 18 TRON Based Token
TOKEN DISTRIBUTION
A total of 1,000,000,000 BFT tokens will be issued and allocated as follows:
• 5%: of the BFT tokens will allocated for Staking
• 5%: of the BFT tokens will allocated for Advisors
• 5%: of the BFT tokens will allocated for Early Supporters
• 10%: of the BFT tokens will allocated for Public Sale
• 5%: of the BFT tokens will allocated for Bonus Mechanics
• 20%: of the BFT tokens will allocated for Team
• 50%: of the BFT tokens will allocated for Players
ROADMAP
Q0 2020
• Whitepaper development
• Team building
• Coin flip & dice game
• Initial mining system
• Platform alpha launch
• Pre launch campaign & bounty program
Q1 2021
• Accessibility enhancements
• Official main net launch
• BFT mining begins
• Referral program
Q2 2021
• Addition of new in house games
• Token emission and initial sale
• Dividend pool rewards
• Jackpots system
• Token listing
Q3 2021
• Addition of new cryptocurrencies
• Enhanced mobile experience
• Daily gambling missions
• Player items
Q4 2021
• Token burn begins
• Ranking system & achievements
• New games & integration with Gaming providers
For more information:
Website: https://www.bitfresh.win/
Ann Thread: https://bitcointalk.org/index.php?topic=5302447
Telegram: https://t.me/bitfresh
Facebook: https://www.facebook.com/bitfresh.win/
Twitter: https://twitter.com/BitFreshWIN
Instagram: https://www.instagram.com/bitfreshwin/
Discord: https://discord.gg/a8ShwSe7ns
AUTHOR
Bitcointalk Username: Bimal2022
Telegram Username: @bimal1665
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2892610
TRX wallet address: TVFL82CrdmfLNthPM5Pxg1F8nvdkqoT3TA