Connect with us

Blockchain

EarnBet Disrupts Gambling Market Through New BeTheHouse Casino and BET Gaming Network 

Republished by Plato

Published

on

2a29dc91-62b3-4d04-a3ee-e4e83a50cdf3

Bitcoin Press Release: BeTheHouse announces the launch of its brand new casino with innovative games, generous promotions, 20% rakeback (coming soon!), and a commitment to purchase BET tokens. As a BET Gaming Network casino incubated by Stacker Ventures, BeTheHouse is expected to hit the mainstream market in record time. 

 

1st  March 2021, Curacao: Aurora Tech, the mastermind behind the decentralized and profit-sharing EarnBet casino, is now ready to welcome a new member to its disruptive BET Gaming Network. BeTheHouse represents the team’s newest addition to its network of innovative casinos, boasting exciting games, a unique leveling system, and tremendous benefits to BET token holders.

 

Introducing BeTheHouse

After one year in development, BeTheHouse is ready to hit the mainstream market. Unlike EarnBet, BeTheHouse does not record each betting outcome on the blockchain, yet it aims to leverage cryptocurrency to provide users worldwide with a diverse selection of award-winning games designed to facilitate user entertainment and profitability. Featuring support for plenty of cryptocurrencies, instant withdrawals, and a strong desire to benefit the crypto gambling market, BeTheHouse is expected to be a huge success. 

BeTheHouse will complement EarnBet’s value proposition by providing a unique leveling system which entails 20% rakeback and 120 levels to go through in exchange for free spins and other rewards. Moreover, players can expect no unnecessary wagering, playthrough, or withdrawal restrictions. With generous promotions, an incentivised affiliate program, and a bonus-centred leaderboard, BeTheHouse will play an important role in the evolution of cryptocurrency casinos. BeTheHouse also comes along with a STACK token mining incentive, giving players a chance to participate in the governance of Stacker Ventures. 

 

Announcing BeTheHouse’s Launch Promotions

To kickstart BeTheHouse’s ascension as one of the market’s best-known gambling platforms, the casino will hold a series of generous promotions. 

The Lucky Launch Draw entails a raffle that will reward one lucky winner with a massive pot of 10 ETH. Placing a bet during the casino’s first two weeks of activity translates into a raffle ticket, with the winner randomly selected during the third week. To gain eligibility, users must wager a minimum of $100 worth of cryptocurrencies. 

BeTheHouse is also hosting a daily ETH giveaway for 30 days, giving away a total of 30 ETH. To participate, users must simply play their favourite games and climb the leaderboard. The higher one’s position, the more ETH they’ll receive from the daily 1 ETH pot. 

As part of the referral promotion, BeTheHouse enthusiasts can make their voices heard in exchange for up to 10 ETH in prizes. As a leaderboard-based promotion, the more users a player refers, the higher their ETH reward will be. 

Last but not least, BeTheHouse is also announcing a Gleam giveaway starting from the 1st of March until the 1st of May. To win the grand prize of 10 ETH, users must tick off as many tasks as they can to increase their chances. Each task is worth one ticket, and one lucky winner will pocket it all. 

 

BeTheHouse’s Scope Within the BET Gaming Network

Developed as part of a strategic partnership with the BET Gaming Network and Stacker Ventures, a DAO startup incubator, BeTheHouse will enhance the BET token’s utility, marking the move from dividend-based valuation on EarnBet to market-wide utility for the crypto gambling sector. 

With this in mind, BeTheHouse will use 20% of its revenue to buy back BET tokens, adopting a deflationary mechanism that will introduce buy pressure to the market. Existing holders and EarnBet stakers will greatly benefit from this, as a reduced supply not only correlates to higher demand, but it also increases entry barriers for profit-sharing giving higher dividend payouts to existing holders.

 

How the BET Gaming Network Will Revolutionize the iGaming Industry

The BET Gaming Network (BGN) is best described as a group of blockchain-based platforms pursuing the advancement of the blockchain iGaming market. In doing so, BGN will oversee the launch of decentralized projects that uphold its core values – on-chain records, non-custodial deposits, and provable fairness. Furthermore, BGN will work with projects that hold white label licensing potential and mainstream-friendly casinos with lucrative incentives, all united under the $BET native network token. By leveraging strategic partnerships, BGN will facilitate financing, license acquisition, and software development. 

Check out BeTheHouse, EarnBet, the BET Gaming Network, and Stacker Ventures. Follow BeTheHouse on Twitter and Telegram

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 9 years. Get your Bitcoin Press Release Distribution today.

EarnBet is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post EarnBet Disrupts Gambling Market Through New BeTheHouse Casino and BET Gaming Network  appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: https://bitcoinprbuzz.com/earnbet-bethehouse-bet/

Blockchain

Mike Novogratz’s Galaxy Digital Filed for Bitcoin ETF With the SEC

Republished by Plato

Published

on

The number of companies filing to receive approval to launch a Bitcoin ETF in the US continues to increase with the addition of Mike Novogratz’s Galaxy Digital. If approved, the Galaxy Bitcoin ETF will trade on the NYSE Arca exchange. 

  • Based in New York, Galaxy Digital is a diversified financial services firm dedicated to the cryptocurrency and blockchain industry. The company has made another pro-crypto step by filing with the US Securities and Exchange Commission to launch its own Bitcoin exchange-traded fund. 
  • The document reads that if the Commission approves the application, the Galaxy Bitcoin ETF will issue common shares of beneficial interest that trade on NYSE Arca.  
  • The value of the shares will follow the performance of the Bloomberg Galaxy Bitcoin index, which includes multiple pricing sources. 
  • “In seeking to achieve its investment objective, the Trust will hold bitcoin and will value its Shares daily based on the value of the Index, which is calculated based on data from bitcoin pricing sources selected by Bloomberg Index Services Limited.” 

  • With Galaxy Digital’s application, the number of US-based companies striving to launch a Bitcoin ETF continues growing. However, the SEC has yet to approve the first such product. VanEck’s filing seems to be a step ahead as the Commission put its Bitcoin ETF proposal for discussion in March. 
  • At the same time, Canada has led the way with several operational BTC ETFs. In fact, Galaxy Digital already has a functioning one in North America. Novogratz’s firm partnered with CI Global Asset Management, and the CI Galaxy Bitcoin ETF launched on the Toronto Stock Exchange (TSX) on March 9th.  
SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/mike-novogratzs-galaxy-digital-filed-for-bitcoin-etf-with-the-sec/

Continue Reading

Blockchain

Where fiat holders lose out, Bitcoiners can gain from inflation

Republished by Plato

Published

on

Currency instability and hyperinflation seemed unreal until a global pandemic struck, sending many nations into economic turmoil. Most economists began to wonder if the end of the pandemic would mean the birth of another Venezuela, which faced a 438% (hyper) inflation rate. However, like several other Bitcoin enthusiasts like Max Keiser thinks that inflation and the price of Bitcoin are correlated.

The aforementioned data is the long-term compounding of past, present, & possibly future base money, since 1970.

In a recent interview Matthew Mežinskis spoke about the inflation rate of the global monetary base, weighted averaged by each base money’s equivalent in USD. What’s important to note here is, it matched the overall 12.8% CAGR (6-year doubling time) we already saw above.

Source: https://platoblockchain.net/wp-content/uploads/2021/04/where-fiat-holders-lose-out-bitcoiners-can-gain-from-inflation.jpg

For all of 2019, central banks were actually on track to deflate their currencies. This would have been a first in the modern fiat era. So interestingly, no matter what one argues for money printing, 2019  ended with positive inflation, weighted at 1.5%.

Furthermore, he touched upon the role of monetary metals like gold. Gold’s rate of growth had, in fact, been around 1.8% per annum for the last 170 years.

Source: https://platoblockchain.net/wp-content/uploads/2021/04/where-fiat-holders-lose-out-bitcoiners-can-gain-from-inflation.png

Almost similar with silver – it’s almost as politicized as its “bigger brother of gold”. Lastly, he shed some light on Bitcoin. He added:

“Remember why the overall compound growth, thus far, is so high, and why it will never be that high again. And now is about the time for a clarification note on the Bitcoin system’s compound annual growth rate, specifically.”

Bitcoin’s finite supply, which may overcome inflation risks is what comforts many. However, this narrative keeps evolving as well.

Source: https://platoblockchain.net/wp-content/uploads/2021/04/where-fiat-holders-lose-out-bitcoiners-can-gain-from-inflation-1.jpg

What’s interesting to note here is, the phrase “supply issuance” for Bitcoin’s chart titles, and not “inflation.” Bitcoin’s “inflation,” economically, was already baked in. As already demonstrated, its growth rate is known until 2141, per the protocol. So when it comes to bitcoins, “inflation” is not the best term.

Even though the price of Bitcoin may indeed surge, its path to the target could be volatile. In the past, the asset’s price has appreciated and even collapsed several times. But some stated that even as Bitcoin increased in price, the rate of inflation, and forecasts for inflation, “remained stable.” Some provide a contrary opinion that economies need a bit more inflation, not less. At the same time, they do not expect hyperinflation to occur again, after the last great recession.


Sign Up For Our Newsletter


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/where-fiat-holders-lose-out-bitcoiners-can-gain-from-inflation

Continue Reading

Blockchain

Holdefi: A Unique Decentralized Lending Platform Shaping the Future of DeFi

Republished by Plato

Published

on

The DeFi industry offering an alternative to traditional financial services is evolving at a rapid pace. There are few platforms that are using the latest advances in the blockchain space to create DeFi solutions that could not only outperform their peers but also capable of adapting to new developments in the blockchain technology itself.

Holdefi is one such open-source, non-custodial decentralized lending platform that offers an attractive passive income stream to investors while enabling the masses to borrow at attractive interest rates. Like its counterparts, Holdefi allows users to instantly secure credit against crypto collateral. The platform does not require the borrowers to provide their KYC or prove their creditworthiness before borrowing. All they have to do is to deposit their crypto assets as collateral to secure a loan in any of the supported cryptocurrencies including stablecoins like USDC, DAI, USDT and BUSD. Users can deposit collateral in one or more types of crypto assets. Similarly, they can borrow different cryptocurrencies using single collateral as long as the value meets the platform requirements.

Attractive Interest Rates and Better ROI

Holdefi uses a mechanism that calculates interest rates for borrowing based on the market and competitive conditions. By doing so, it will balance the demand and liquidity to provide an attractive interest rate to borrowers. Meanwhile, lenders providing liquidity to the supply pool will receive a portion of the interest payments in proportion to the invested amount.

Lenders on Holdefi will get a bigger share of interest payouts in comparison to those on other DeFi platforms as borrowers do not receive any reward or interest on their collateral deposits. So, the lenders end up receiving a proportional share from the overall interest received by the platform from its borrowers.

What Makes Holdefi Stand Apart from the Rest?

Holdefi is an advanced DeFi solution based on the Ethereum protocol. Powered by a native ERC20 standard HLD token, the project is designed to work flawlessly on Ethereum’s existing PoW protocol while being future-ready to operate on ETH’s upcoming PoS upgrade.

The platform witnesses significant upgrades that impart certain qualities of CeFi platforms without affecting decentralization. One such sought-after feature of CeFi is the availability of collateral insurance. While such an option is not available with other DeFi projects, Holdefi solves the issue by separating the collateral deposits from borrowers and liquidity provided by investors into different pools. That way, the collateral won’t be utilized, and borrowers can withdraw it at any time, thus eliminating the need for insurance.

The separation of liquidity and collateral pool will also have a positive effect on Holdefi when ETH 2.0 is implemented as it will speed up the process while keeping transaction costs at a minimum.

Using HLD

HLD is a native ERC20 utility token of the Holdefi ecosystem. Apart from being a mode of value exchange within the ecosystem, it also acts as a governance token imparting voting rights to tokenholders. It can also be used for liquidity mining, staking, and revenue sharing between the participants.

The project has set the maximum supply cap for HLD at 100 million of which 13 million was offered to investors through private and public sales. Recently, Holdefi successfully concluded its private and public sale.

The public sale, a 2-day event starting March 31 was completely sold out within hours of launch. Meanwhile, those who didn’t participate in the token sale can purchase HLD on Uniswap and PancakeSwap

Buy HLD and HODL?

Holdefi is one of the few platforms that has made significant improvements to DeFi lending. It offers a lot of flexibility to users while maintaining strong security features. The future-proof design of Holdefi ecosystem is an added advantage that will make it popular with the crypto community.

While there is no definitive forecast on whether HLD will be an asset due to the volatile nature of crypto markets, Holdefi is an innovative project that is playing a major role in shaping DeFi platforms of the future.

Learn more about Holdefi at – https://holdefi.com/

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.newsbtc.com/news/company/holdefi-a-unique-decentralized-lending-platform-shaping-the-future-of-defi/

Continue Reading
Blockchain5 days ago

Decentralized oracle solution Umbrella Network adds Huobi as validator node

Blockchain4 days ago

XRP Price Analysis: 08 April

Blockchain5 days ago

Tesla’s landlord accepts crypto; will Elon Musk pay rent in Bitcoin?

Blockchain4 days ago

$48B Asset Manager Millennium Management Dabbles With Bitcoin

Blockchain5 days ago

Why JP Morgan’s CEO calls Bitcoin regulation a “serious issue”

Blockchain5 days ago

Bitcoin Miners Hit Jackpot as Hash Rate Peaks Again

Blockchain4 days ago

Binance Smart Chain Daily Transactions 200% More Than Ethereum’s

Blockchain5 days ago

Miners are hoarding Bitcoin from record daily earnings

Blockchain5 days ago

Revolutionizing the crypto-market in India with CryptoBiz exchange

Blockchain5 days ago

Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K

Blockchain4 days ago

Digital yuan campaign planned for contested island in the South China Sea

Blockchain4 days ago

America’s Second-Oldest Bank State Street to Enable Crypto Trading on its Platform

Blockchain5 days ago

3X as many crypto figures make it onto Forbes 2021 billionaires list as last year

Blockchain4 days ago

Polkadot Price Analysis: 08 April

Blockchain5 days ago

Tendermint acquires B-Harvest, creator of Cosmos-based Gravity DEX

Blockchain4 days ago

Bitcoin exchanges just saw massive Tether stablecoin deposits

Blockchain5 days ago

Ontology’s cross chain DeFi lending platform Wing is now live on Ethereum

Blockchain4 days ago

Phemex Launches OTC Trading, Enables Crypto Purchase with Bank Transfers

Blockchain4 days ago

Man Gets 12 Years in Prison After Trying to Buy Lethal Chemical Weapon With Bitcoin

Blockchain4 days ago

Cardano’s Anti-Counterfeit Solution Sees First Successful Implemetation

Trending