Introduction to the BetDao Ecosystem
WHAT IS BETDAO?
BetDao, a GameFi project; set to revolutionize the gaming industry in Blockchain World. BetDao incorporates a staking Decentralized Application ( Dapp) that allows gamers to earn $Bchief tokens, used for betting systems from staking their $BDao tokens.
The primary function of BetDao is a gamefi betting system such as Lottery, Casino, and Sports betting where users will make massive income from the win.
In the Gamefi ecosystem, players use their native coins Like Bitcoin, Ethereum, Bnb, etc. Our native coin — $BChief token to play and get the chance to win in the pools and earn prizes.
You can bet on BETDAO because it brings you the most stimulating games, with the edge of gaming risk, using provable and fair algorithms and gaming systems. It is a fair game of time and chance, and you stand a chance to win. Furthermore, it allows you to earn the unique $BCHIEF token with straightforward functionality.
The staking DApp enables users to earn the BetDao governance token.
By holding the BetDao governance token, users have the chance to earn a profit through the lottery platform & BetDao betting ecosystem.
The holders of Governance token can make decisions on the BetDao ecosystem’s growth. In the future, Governance token holders can vote on allowing regular BetDao users to buy the governance token.
BETDAO GAMEFI SYSTEM
The games are structured into three major Gamefi sections: the Lottery Gamefi, the Sports betting Gamefi, & Casino Gamefi. The games are simulated in different forms – lotteries, casino games, or sports betting. BETDAO offers you your very own crypto laden Las Vegas!
There are two types of lottery games, i.e., Y.O.L.O & FATAL FORTUNE.
– In FATAL FORTUNE, users buy tickets and get to be part of the Fatal Fortune round where only two people can get the fortunes, and the others turn the game’s fatalities. A round ends once the users are 20 in number, and the game randomly picks the 1st & 2nd winner. Once the users are picked, they are given their prize for the round. Is lady luck your best friend? Then, this might be the game for you.
– In Y.O.L.O, you only live once. Every day around is drawn, and users can buy tickets to join the round. Each user is expected to choose six numbers manually or automatically and wait until the end of the round when the winning six numbers are displayed. After this, prizes are distributed based on specific rules and matching numbers.
If James Bond had you on the edge of your seat, this gaming system brings you to the edge of gaming paradise, with the no. of things that can go bad & the staggering stakes of the wins one can get to make if things go right. There are three types of games in this system: MINES, CLASSIC, & CRASH.
– CRASH is the game with the spice of danger in Casino Royale; everything hangs on a curve. In this game from BETDAO, there is a curve & it offers a multiplier that starts at ×100.
Users place bets by focussing on the curve & ready to cash out before the curve crashes but hold out long enough to pick just the right time and get a good reward for their efforts. The wins in Crash are determined by calculating the bet and multiplying it with the multiplier level that the user cashed out on.
– CLASSIC takes us back to the good old dice and how all the tension can stay wrapped around the roll of a cube. In the classic play out, players get to predict the numbers to come out as an outcome. These predictions can lead to big wins in the form of crypto rewards like $BCHIEF. The closer the predicted number is to the winning numbers, the better the chances of winning.
In the case of MINES, things get a lot trickier. It is a game inspired by the Minesweeper game and follows a similar pattern with gems and fortunes in the form of BETDAO tokens to be found and numerous dangers lurking around to make that impossible. There is a grid in this gaming space and gems that serve as multipliers. The higher the gems found, the higher the multipliers and the higher the layout for those so sure that they would lose. However, the stakes are still high, and there is still an edge to it; a single bomb would mean you have come to the end of mines.
The BetDao project also comes with an exciting approach to sports betting. It offers a wide range of adrenaline pumping games to stake your bet on and enjoy a game alongside. The gaming process is pretty simple but with the edge is a risky play. Users can participate in the gaming experience by betting on the matches they support using crypto.
Users stand a chance to earn up to 50ETH if the stakes go in their favour. There are over five supported sports types on BetDao, with a possibility of adding others to the mix with more players and recommendations.
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