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Betting Reimagined: Dive into Betswap.gg's Dynamic World

July 8, 2024
Altcoins
5 min

Betswap.gg is revolutionizing the sports and eSports betting landscape with its decentralized betting exchange, built on Ethereum and Polygon blockchains. For global betting enthusiasts, it offers unrestricted, anonymous access to unparalleled betting opportunities across all sports and eSports. Harnessing the power of blockchain technology, Betswap.gg ensures safety, transparency, and minimal transaction fees, all while utilizing the native BSGG token. Whether you're seeking enhanced returns through staking or aiming to participate in governance, BSGG transforms the betting experience, providing unique perks like participation rewards and liquidity for AMM pools. Discover how Betswap.gg is setting new standards in the betting world.

What Is BETSWAP.GG EXCHANGE (BSGG)?

Betswap.gg is a decentralized sports and eSports betting exchange launched on the Ethereum and Polygon blockchains. It allows bettors worldwide to access all sports, eSports, and fantasy sports without geographical restrictions, ensuring complete anonymity and the use of stablecoins to place bets.

Key Features of BSGG Token

The BSGG token is the native utility token of the Betswap.gg platform and serves several essential functions:

  1. Governance and Voting: BSGG token holders can participate in community governance, influencing decisions related to the Betswap protocol.
  2. Staking: Users can stake BSGG tokens to receive a dedicated share of the fee pool, offering higher returns than other collateral types.
  3. Participation Rewards: BSGG tokens are used for various reward programs, including bonuses on initial bets, rewards for back and lay bets, cashback on lost bets, and referral rewards.
  4. Liquidity for AMM Pools: BSGG tokens provide liquidity for Automated Market Maker (AMM) pools, enhancing the platform's overall liquidity.

Unique Selling Points (USPs) of Betswap.gg

Betswap.gg offers several advantages as a decentralized sports betting platform:

  • Anonymity: Users can deposit and withdraw funds anonymously and instantly.
  • Safety and Lower Fees: The platform uses secure payment methods with lower or zero transaction fees.
  • Flexibility: Users can interact with the platform using various cryptocurrencies, such as USDT and MIM.
  • Decentralization: Betswap.gg provides a higher degree of safety for user funds and transparency due to its decentralized nature.

How Many BSGG Coins Are There in Circulation?

The project was launched on May 13, 2021, and listed on Sushiswap on January 6, 2022. The maximum supply of BSGG tokens is 10 billion, with 1.5 billion currently in circulation. Over time, 90% of the max supply will be burned using part of the fees generated by the Betswap.gg platform to limit supply and create value for holders.

Who Are the Founders of BSGG Protocol?

For security and confidentiality reasons, the founders' identities are not disclosed. However, a personal audit will be conducted and shared by a renowned third-party personal ID auditor.

Where Can I Buy BSGG?

BSGG was initially listed on Sushiswap and is supported on Ethereum, Avalanche (AVAX), and Fantom (FTM), along with multiple centralized exchanges.

Token Market Data

  • Current Price: $0.0028
  • Market Cap: $0.00
  • 24h Price Change: -1.85%
  • 7d Price Change: -5.13%
  • 30d Price Change: 23.49%
  • 24h High: $0.0029
  • 24h Low: $0.0027
  • All-Time High: $0.1199 (2022-01-12)
  • All-Time Low: $0.0009 (2023-04-29)
  • Circulating Supply: 0.00
  • Total Supply: 10,000,000,000.00

Purpose and Utility of the Betswap.gg Crypto Token

The BSGG token is designed to facilitate transactions and interactions within the Betswap ecosystem, providing a seamless and efficient experience for users. It aims to solve liquidity and accessibility issues in traditional sports betting platforms by offering a decentralized and permissionless solution. By using blockchain technology, Betswap.gg creates a more equitable and transparent betting experience, allowing users to set their own odds and engage in peer-to-peer betting without intermediaries.

Functions of BSGG Token

  1. Utility Token: BSGG is used as a utility token for the Betswap.gg platform. Users need to stake a certain amount to become an operator, allowing them to provide betting exchange services through a separate front-end application with Web3.
  2. Exchange Fees: Betswap.gg exchange fees (up to 30%) are converted to BSGG dynamically (via DEXs) and burned up to 90% of the initial supply, helping maintain the token's value and reducing inflation.
  3. Staking Rewards: Users can stake BSGG to receive staking rewards, incentivizing them to hold and stake the token.
  4. Governance: Token holders can participate in voting processes to define and change the amount of BSGG tokens required to become an operator.
  5. Ecosystem Development: A portion of the BSGG token supply is allocated for ecosystem development, gaming partnerships, and airdrops, contributing to the platform's growth and adoption.

Tokenomics and Distribution Model

The BSGG token has a total supply of 10 billion tokens. The initial circulating supply is 1.5 billion tokens, which is 15% of the total supply. The tokenomics and distribution model include the following:

  1. Buyback & Burned: 90% of the total supply is allocated for buyback and burning, with 25% being initially available.
  2. Private Sale: 100 million tokens (1% of the total supply) are allocated for private sale, locked for 3 months with a 3% monthly linear release for 33 months.
  3. Public Sale: 1 billion tokens (10% of the total supply) are allocated for public sale, fully unlocked.
  4. Admin: 420 million tokens (4.2% of the total supply) are allocated for admin, locked for 12 months with a 4.2% monthly linear release for 24 months.
  5. Reserve: 420 million tokens (4.2% of the total supply) are allocated for reserve, locked for 12 months with a 4.2% monthly linear release for 24 months.
  6. Initial Community: 750 million tokens (7.5% of the total supply) are allocated for the initial community, locked for 3 months with a 3% monthly linear release for 33 months.
  7. Team: 750 million tokens (7.5% of the total supply) are allocated for the team, locked for 12 months with a 4.2% monthly linear release for 24 months.
  8. Advisor: 500
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Betswap.gg is revolutionizing the sports and eSports betting landscape with its decentralized betting exchange, built on Ethereum and Polygon blockchains. For global betting enthusiasts, it offers unrestricted, anonymous access to unparalleled betting opportunities across all sports and eSports. Harnessing the power of blockchain technology, Betswap.gg ensures safety, transparency, and minimal transaction fees, all while utilizing the native BSGG token. Whether you're seeking enhanced returns through staking or aiming to participate in governance, BSGG transforms the betting experience, providing unique perks like participation rewards and liquidity for AMM pools. Discover how Betswap.gg is setting new standards in the betting world.

What Is BETSWAP.GG EXCHANGE (BSGG)?

Betswap.gg is a decentralized sports and eSports betting exchange launched on the Ethereum and Polygon blockchains. It allows bettors worldwide to access all sports, eSports, and fantasy sports without geographical restrictions, ensuring complete anonymity and the use of stablecoins to place bets.

Key Features of BSGG Token

The BSGG token is the native utility token of the Betswap.gg platform and serves several essential functions:

  1. Governance and Voting: BSGG token holders can participate in community governance, influencing decisions related to the Betswap protocol.
  2. Staking: Users can stake BSGG tokens to receive a dedicated share of the fee pool, offering higher returns than other collateral types.
  3. Participation Rewards: BSGG tokens are used for various reward programs, including bonuses on initial bets, rewards for back and lay bets, cashback on lost bets, and referral rewards.
  4. Liquidity for AMM Pools: BSGG tokens provide liquidity for Automated Market Maker (AMM) pools, enhancing the platform's overall liquidity.

Unique Selling Points (USPs) of Betswap.gg

Betswap.gg offers several advantages as a decentralized sports betting platform:

  • Anonymity: Users can deposit and withdraw funds anonymously and instantly.
  • Safety and Lower Fees: The platform uses secure payment methods with lower or zero transaction fees.
  • Flexibility: Users can interact with the platform using various cryptocurrencies, such as USDT and MIM.
  • Decentralization: Betswap.gg provides a higher degree of safety for user funds and transparency due to its decentralized nature.

How Many BSGG Coins Are There in Circulation?

The project was launched on May 13, 2021, and listed on Sushiswap on January 6, 2022. The maximum supply of BSGG tokens is 10 billion, with 1.5 billion currently in circulation. Over time, 90% of the max supply will be burned using part of the fees generated by the Betswap.gg platform to limit supply and create value for holders.

Who Are the Founders of BSGG Protocol?

For security and confidentiality reasons, the founders' identities are not disclosed. However, a personal audit will be conducted and shared by a renowned third-party personal ID auditor.

Where Can I Buy BSGG?

BSGG was initially listed on Sushiswap and is supported on Ethereum, Avalanche (AVAX), and Fantom (FTM), along with multiple centralized exchanges.

Token Market Data

  • Current Price: $0.0028
  • Market Cap: $0.00
  • 24h Price Change: -1.85%
  • 7d Price Change: -5.13%
  • 30d Price Change: 23.49%
  • 24h High: $0.0029
  • 24h Low: $0.0027
  • All-Time High: $0.1199 (2022-01-12)
  • All-Time Low: $0.0009 (2023-04-29)
  • Circulating Supply: 0.00
  • Total Supply: 10,000,000,000.00

Purpose and Utility of the Betswap.gg Crypto Token

The BSGG token is designed to facilitate transactions and interactions within the Betswap ecosystem, providing a seamless and efficient experience for users. It aims to solve liquidity and accessibility issues in traditional sports betting platforms by offering a decentralized and permissionless solution. By using blockchain technology, Betswap.gg creates a more equitable and transparent betting experience, allowing users to set their own odds and engage in peer-to-peer betting without intermediaries.

Functions of BSGG Token

  1. Utility Token: BSGG is used as a utility token for the Betswap.gg platform. Users need to stake a certain amount to become an operator, allowing them to provide betting exchange services through a separate front-end application with Web3.
  2. Exchange Fees: Betswap.gg exchange fees (up to 30%) are converted to BSGG dynamically (via DEXs) and burned up to 90% of the initial supply, helping maintain the token's value and reducing inflation.
  3. Staking Rewards: Users can stake BSGG to receive staking rewards, incentivizing them to hold and stake the token.
  4. Governance: Token holders can participate in voting processes to define and change the amount of BSGG tokens required to become an operator.
  5. Ecosystem Development: A portion of the BSGG token supply is allocated for ecosystem development, gaming partnerships, and airdrops, contributing to the platform's growth and adoption.

Tokenomics and Distribution Model

The BSGG token has a total supply of 10 billion tokens. The initial circulating supply is 1.5 billion tokens, which is 15% of the total supply. The tokenomics and distribution model include the following:

  1. Buyback & Burned: 90% of the total supply is allocated for buyback and burning, with 25% being initially available.
  2. Private Sale: 100 million tokens (1% of the total supply) are allocated for private sale, locked for 3 months with a 3% monthly linear release for 33 months.
  3. Public Sale: 1 billion tokens (10% of the total supply) are allocated for public sale, fully unlocked.
  4. Admin: 420 million tokens (4.2% of the total supply) are allocated for admin, locked for 12 months with a 4.2% monthly linear release for 24 months.
  5. Reserve: 420 million tokens (4.2% of the total supply) are allocated for reserve, locked for 12 months with a 4.2% monthly linear release for 24 months.
  6. Initial Community: 750 million tokens (7.5% of the total supply) are allocated for the initial community, locked for 3 months with a 3% monthly linear release for 33 months.
  7. Team: 750 million tokens (7.5% of the total supply) are allocated for the team, locked for 12 months with a 4.2% monthly linear release for 24 months.
  8. Advisor: 500
Want to see why this token scored 76/100?