BitFresh | Transparent and fair gambling. Community-driven. Blockchain-based.

davidtosin (8)in #steem • 4 years ago

Bitfresh is the first community-driven iGaming platform where everyone wins. Bitfresh is a social gaming gaming platform based on Blockchain technology where this platform provides transparency and efficiency for its users. The platform is filled with a unique reward system that gives each player multiple ways to win and make money from playing games.

BUT FIRST, WHAT IS CRYPTOCURRENCY?

Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service.

Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security. Offering friction-less transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Counterfeiting and anonymous transactions are impossible to achieve.

INTRODUCING THE BITFRESH PLATFORM

Bitfresh is a blockchain-based association driven social iGaming experience that passes on advantages to the players. The stage is piled up with pay constructions to give players different approaches to manage win and get over the long haul. BitFresh utilizes blockchain improvement to make a decentralized stage, where the gaming measures are beneficial, direct, and provably reasonable. BitFresh will prepare the most exceptional restrictions of blockchain progression, utilizing the TRON relationship to furnish gamers with various tendencies which include: Low commission charges, smart exchanges, least wagers, broadened security, non custodial wagering and advantage sharing. Bitfresh gives a secured and clear blockchain-based gaming stage. We like to consider it the main association driven iGaming stage. Bitfresh is our comprehension of things to happen to betting, with an invigorated turn on how society bets. In various words, it is the fate of betting wherein trust isn't overall the central concern. Bitfresh is a blockchain-based association driven social iGaming experience that passes on advantages to the players.

This innovation has been received by different ventures including the iGaming business to develop the current technique on which their everyday business exercises are completed. The straightforwardness and unchanging nature of blockchain innovation helps making an interesting encounter for major parts in the internet gaming space. Discussing web based betting, possibly you will be keen on this one stage. It is a web based betting stage that offers clients a straightforward and reasonable assistance. This is Bitfresh - the main local area driven iGaming stage where everybody wins. A dApp is an application that runs without a backend in a decentralized PC framework - for instance, on a blockchain. In like manner, the dApp utilizes the primary benefits of the blockchain: straightforwardness, unwavering quality and information unchanging nature. DAPP (Decentralized Application) comprises of a backend code running on a decentralized shared organization.

OUR VISION: Our vision is to be a community driven iGaming platform that makes constant changes and iterations based on user feedback.

●Be recognized as the first truly community-driven iGaming platform.
●Grow and change as blockchain technology advances.
●Set an example of how a blockchain company should work with their community.
●Act as a stepping stone towards moving the iGaming industry in the right direction with provably fair gaming and true transparency.

On the core level, we want to make the concept of decentralized gaming tangible. Most importantly, our main vision is to supply the gambling ecosystem with trust, security and fairness.To achieve this, Bitfresh is designed to be interoperable;it is fair, transparent and secure as well as easy to use

The Unique Feature of BITFRESH

Transparency & Fairness

Blockchain technology is considered as a means by which true transparency can be encouraged in a given business of a digital context. Bitfresh would be using blockchain technology "distributed ledger" to verify transactions on the platform, thereby eliminating the need for a third party. Extra steps have been taken to ensure that the BitFresh iGaming platform is compliant with the most recent trends regarding iGaming platforms.
Bitfresh platform offers online casino games like classic dice, coin flip, classic slots, 3D slots, and many more. Many of these games are developed and deployed on the Bitfresh platform using the TRON ecosystem. Bitfresh is built on the TRON ecosystem because, TRON offers a comfortable and convenient architecture for iGaming deployment.

Community Driven

Bitfresh prides itself to be community first. We want to build the first community driven iGaming platform where our players and community suggest our roadmap. Bitfresh will be built on top of its community feedback and suggestions, and we want to keep it that way as we grow.

Innovative Gaming Mechanics

At Bitfresh we aim to disrupt the industry not only by leveraging blockchain but also by implementing innovative gaming mechanics to increase user engagement and retention. These include configurable and extensible auto betting, token mining while gambling, hidden surprise jackpots, dividend sharing system and complete gamification of the whole experience.

THE PLATFORM

Gamification
Ranking System
One of the many ways that Bitfresh rewards players are through crypto rewards & bonuses for reaching a new rank. Each rank has a requirement of some amount of wagering and missions. The higher the rank, the higher the prize.

Daily Missions
The platform will have a set of missions that can be completed daily to access special bonuses and additional ranking points.

Purchasable Items
Players will have access to a set of items that can be purchased with BFT. These items will give the players a special ability or bonus over our in-house games. These bonuses can go from extra mining rewards to the reduced house edge.

BITFRESH TOKEN ECONOMY

The token system is a behavior therapy method. The aim of the token system is to build desirable behavior through small rewards. The so-called tokens can be smileys, marbles,chips, etc. The player can collect these and exchange them for a reward if a certain number is earned. The Player is rewarded for good behavior and has a sense of achievement.

BitFresh Token (BFT) is a utility token for profit sharing and stakeholding. The BFG token acquires value due to the possibility of receiving dividends, which increases the interest and demand for this asset. BFT token is a TRC20-based utility token created for Bitfresh platform actions, with a max supply of 1,000,000,000. BFT token is a means of exchange
within the platform and has multiple applications like:

Staking. By staking users can have the opportunity to gain platform profits (dividends)
An in-game currency for betting and payouts
The reward for participating in the Bitfresh iGaming ecosystem
Cash Back
BFT tokens may also be sold or exchanged for other cryptocurrencies, such as Bitcoin, Ethereum, etc.

BitFresh is a proof-of-gameplay reward mechanism aiming to revolutionize the iGaming industry. Users are rewarded for their time playing, while Game Developers grow their gaming community, earn crypto and get help from adhering services. Everybody wins!

These tokens are the basis for the platform’s revenue sharing system through a dividend distribution.