JuicyBet, a Web3 startup, announced the launch of its GambleFi platform. This platform combines finance technology and gambling via blockchain to create unique opportunities and experiences for users. The company strives to revolutionize the principles of the online betting industry and the interaction between platforms and users in this market.
What is GambleFi?
GambleFi uses blockchain technology not only to ensure the fairness and transparency of games and betting outcomes but also for players to be able to get their share of the platform’s earnings and participate in its governance and day-to-day by holding its tokens.
How JuicyBet works
JuicyBet fully utilizes blockchain technology to establish a new ecosystem that has never been seen in the gambling industry. It is centered around user participation and transparency while providing gambling thrills and quality entertainment.
All game records on the platform are kept in a public blockchain, while a set of smart contracts automates gaming outcomes and payouts and provides for the platform governance via the DAO model. This reduces fraud risks and operational costs, making JuicyBet a more efficient platform.
However, the platform’s main feature is the unprecedented level of user engagement via the platform’s native tokens.
- First, the tokens provide access to betting.
- Second, token holders get their share of the platform’s profit.
- Third, token holders can vote on key decisions on the platform’s development in JuicyBet DAO.
- Fourth, users can create their bets with customized odds and outcomes.
- And finally, DAO participants can also perform the role of oracles for bets and earn rewards for that.
In other words, JuicyBets doesn’t try to be just another gambling platform, it establishes a new ecosystem where users are in control of the platform and bets and are the beneficiaries of the platform.
In addition, JuicyBet offers additional earning opportunities, such as Double Farming and staking for token holders.
JuicyBet has already been noticed by users and investors – the platform’s 3-month turnover has exceeded $1,5 million, according to on-chain data available via Dune, and multiple centralized exchanges and launchpads have listed it.
Thus, now is probably the best time to join the GambleFi ecosystem if you’re interested in exploring it and earning from it.
Social Media Links
X: https://twitter.com/YourJuicyBets
Discord: https://discord.com/invite/JuicyBet
Telegram: https://t.me/YourJuicyBets
Medium: https://medium.com/@juicybet
Zealy: https://zealy.io/cw/juicybet/questboard
Media Contact
Brand: JuicyBet
Contact: Media team
Email: ar@juicybet.net
Website: https://juicybet.net/
SOURCE: JuicyBet
