Problem & Solution

What problem does the product solve?

The problem we see with many casinos, online gambling and crypto gambling applications is that the house will always try to have the edge against the players. There is no transparency on how the system works especially with digital machines which are easy to rig. Bet Lounge ($BETZ) solves this problem, all payout algorithms for the betting process is simple and easy to follow. Payouts are based on ownership of pool ratio, so if you own 50% of the pool for one side and your side wins, you win 50% of the pool on the other side everything is transparent and done through smart contracts, anyone can make sure that the numbers line up. Not only do we have an onchain personalize P2P betting product for telegrams, we have minigames that give the full casino experience. Our Blackjack, Poker and Higher/Lower minigames will be based on the same values. Fully decentralised, on chain, telegram minigames that allow you to play with/against your friends without any invasive software or external popups.