Blockchain Bets (BCB) is a decentralized platform for sports betting and online casino services, built on the Ethereum blockchain. It aims to transform the betting and casino industry by offering a secure, transparent, and decentralized environment for users.
Blockchain Bets operates on the Ethereum blockchain, utilizing smart contracts to automate transactions in sports betting and casino games. This ensures transparency and security, as smart contracts execute predefined agreements, eliminating the need for intermediaries. The platform employs Ethereum's Proof of Stake (PoS) consensus mechanism, making it more energy-efficient and secure.
Blockchain Bets can be used for decentralized sports betting and online casino services, providing a secure and transparent alternative to traditional platforms. It also offers a variety of gaming options, such as arcade games, poker, and planned fantasy league services. With cross-chain compatibility, it can engage with multiple blockchain networks, expanding its reach and functionality.
Blockchain Bets evolved from World Cup Inu (WCI), a sports betting token launched before the 2022 FIFA World Cup in Qatar. WCI gained significant traction, reaching a market cap of $35 million within a month of its launch. The transition to Blockchain Bets (BCB) expanded the platform's focus from World Cup-specific betting to a broader range of sports and casino games. BCB officially began trading on Uniswap in January 2023, starting at $0.0034. The platform has since undergone a Certik audit, which found no serious risks, underlining its commitment to security. As of the latest data, 398 million BCB tokens (39.8% of total supply) have been staked, indicating significant user engagement