Altcoin News Podcast | Gate.io

What is Decentralized Casino | BetU | Altcoin Gems #10

November 10, 2021 Gate.io Season 2 Episode 10
Altcoin News Podcast | Gate.io
What is Decentralized Casino | BetU | Altcoin Gems #10
Show Notes

Gate.io Altcoin Gems: 
BetU Betting $BETU


"Money never sleeps. Thanks for tuning in."


On BetU, you can be your own bookmaker and set your own terms on any bet.

Or be on the other side and take the best bets. 

Whichever you’ve chosen, here’s how the process works: Once a bet is made on BetU, it is confirmed in a smart contract and the BetU tokens are locked until a winner is decided. The winner then receives their payout in BetU tokens.


The $BETU utility and governance token powers the betting platform. It is also the only form of currency allowed within the ecosystem. The token will act as chips/credit for betting, and be used for various rewards and incentives. Benefits from staking and being a whale holder and finally, governance of the platform will all rely on the BEP-20 token.


In terms of token allocation, 35% goes to the team and advisers and the foundation, 27.5% goes to pre-sale and public sale, 17.5% goes to staking and user incentives, and the remaining goes to marketing efforts and liquidity providing for the markets.


*Disclaimer: The information presented in this podcast is for informational purposes only. Trading cryptocurrencies comes with high risks, so make sure to do your own research before committing your capital to any investment.


Music: BGM (Pixarbay)

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