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Summary of BoxBet
- BoxBet aims to decentralize the iGaming Industry.
- Features a Telegram iGaming bot integrated with Azuro’s decentralized betting markets.
- 30% of monthly bot revenue is used to acquire and burn $BXBT tokens until 75% of tokens are burned.
- $BXBT token is the native digital asset, serving as a reward and governance token.
- Token supply: 100m total tokens, 70% in Uniswap pool, 30% for early contributors & marketing.
- Revenue streams: 5% bot fee, 5% trading fees, Azuro affiliate fees.
- Revenue allocation: 30% for $BXBT
About BoxBet: Empowering a New Era of Decentralized Gaming
BoxBet is embarked on a visionary quest to revolutionize and decentralize the iGaming Industry, thereby ushering in a new era of unparalleled transparency and democratization.
Introducing BoxBet, the pioneering Telegram iGaming bot, harmoniously integrated with Azuro’s decentralized betting markets. This innovative synergy empowers users to embark on a new frontier of sports betting, where a mere few clicks suffice to place wagers on a diverse array of sports. By streamlining the process, BoxBet ensures an efficient and intuitive experience for all. Join us and revolutionize your betting experience today.
On a monthly basis, a substantial 30% of our bot-generated revenue will be allocated towards the strategic acquisition and subsequent burning of $BXBT tokens, a deliberate process that will persist until a remarkable 75% of the total $BXBT token supply has been permanently removed from circulation, thereby cementing its stature as a deflationary asset of distinction.
The $BXBT token, the native digital asset of the BoxBet platform, is poised to fulfill a dual role as both a reward and governance token. On a monthly basis, a portion of the $BXBT tokens will be systematically burned, with the goal of ultimately reducing the token supply by 75%.
Out of a total of 100 million tokens, 70% is allocated to the Uniswap pool, whereas 30% is reserved for early contributors and marketing initiatives. The innovative buy-and-burn program ensures that the token supply commences at 100% in Q1, subsequently decreasing on a monthly basis until it reaches a steady state of 25%. Furthermore, active users of BoxBet are entitled to receive 30% of the monthly revenue generated by the bot.
BoxBet’s diversified revenue streams comprise a 5% bot fee, 5% trading fees, and affiliate fees generated through Azuro. The allocation of revenue is strategically distributed as follows: 30% is dedicated to the buy-back and burn of $BXBT tokens, 10% is reserved for enhancing liquidity, 30% is allocated for rewarding active users, and the remaining 30% is designated for core contributors and strategic partnerships.