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$IBET Whitepaper
  • šŸŽ²What Is InsanityBets?
  • šŸš€InsanityBets Vs. Traditional CasinoFi: Game On! šŸš€
  • Tokenomics
    • šŸ’°$IBET Derivatives
      • šŸ„©Staked $IBET = $sIBET
        • šŸ’ÆMultiplier Points
        • šŸ“‰Staking Tiers (Reduced Fees)
      • šŸ¤ŒEscrowed $IBET = $esIBET
      • šŸ”„Burned $IBET = $bIBET
    • šŸ”“Unlock Schedule / Vesting
      • šŸ”Presale Token Holders
      • šŸ‘Øā€šŸ”¬Team Tokens
  • $ILP - Become The House
    • šŸ¤‘What Is $ILP?
    • šŸ‘‰Why Mint $ILP?
    • ā“FAQs About $ILP
  • Real Yield
    • šŸ’°$IBET Real Yield
    • šŸ’°$ILP Real Yield
  • Features
    • šŸ“–Why Choose Insanity Bets?
    • šŸ”Recapping Fees
    • šŸ™†ā€ā™‚ļøCirculating Supply Management
    • šŸ˜ļøProvably Fair
    • šŸ•¹ļøGamification
    • šŸ“ˆAffiliates and Referrals
    • šŸ‘Øā€šŸ’»Developer Economy
    • šŸ’ Side Bets
  • Roadmap
    • šŸ›£ļøOur Roadmap
    • šŸ›£ļøGame Roadmap
  • Useful Links
    • šŸ–ŠļøHow To Buy?
    • ā“Frequently Asked Questions
    • šŸ”—Links
  • Social Links
    • InsanityBets.com
    • X (Twitter)
    • Telegram
    • Medium
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On this page
  • šŸ” Transparency Showdown:
  • šŸ’ø Sharing is Caring:
  • šŸŽ® Gamification Galore:
  • šŸ¤ Community Central:
  • šŸ”— On-Chain Trust:
  • āœ… Proof in Fairness:
  • šŸ“ˆ Scale without Sacrifice:
  • šŸ€ No Discrimination Zone:
  • šŸ„œ In a Nutshell

InsanityBets Vs. Traditional CasinoFi: Game On! šŸš€

šŸ” Transparency Showdown:

āŒ Traditional Casino: Secretive house edge, players kept in the dark. āœ… InsanityBets: Crystal-clear house edge, backed by fair randomness tech using Chainlink VRF. Players know their odds, every step of the way.

šŸ’ø Sharing is Caring:

āŒ Traditional Casino: All profits hoarded, community gets the crumbs. āœ… InsanityBets: Decentralized profit sharing! A win-win for the platform, players, and our esteemed liquidity providers (ILPs).

šŸŽ® Gamification Galore:

āŒ Traditional Casino: Boring, monotonous, repetitive games. āœ… InsanityBets: Electrifying games, thrilling side bets, dynamic slots, vesting gamification and much more. Plus, soon our doors are open to developers, allow anyone to deploy a front-end and plug into Insanity's smart contracts.

šŸ¤ Community Central:

āŒ Traditional Casino: Isolation, every player for themselves. āœ… InsanityBets: The community IS the game. Engage, challenge, celebrate together. Because at InsanityBets, the vibe is different.

šŸ”— On-Chain Trust:

āŒ Traditional Casino: Murky financial dealings, players' trust compromised. āœ… InsanityBets: Unrivalled on-chain transparency. Witness the size of the house treasury (ILP) LIVE. When you win, the payout is always there.

āœ… Proof in Fairness:

āŒ Traditional Casino: Unverifiable game results, where's the fairness? āœ… InsanityBets: Our commitment is on-chain. Using Chainlink VRF, our fair randomness tech ensures every game is provably fair.

šŸ“ˆ Scale without Sacrifice:

āŒ Traditional Casino: Limited scalability, compromising bet sizes and user volume. āœ… InsanityBets: Think global. Our GMX-inspired tokenomics and tools make Insanity Bets scalable without compromising even an inch on security or fairness.

šŸ€ No Discrimination Zone:

āŒ Traditional Casino: Banning winners? Yep, they do that. āœ… InsanityBets: Our decentralized essence guarantees every player gets a fair shake. No bans. No biases.

šŸ„œ In a Nutshell

Traditional online casinos are plagued by opacity, greedy monopolies, stale games, isolation, and scalability challenges.

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Last updated 1 year ago

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