Insanity Bets is a fully audited platform within the CasinoFi industry that allows players to earn a passive income by becoming the house. Through owning the $IBET token, players can receive a revenue share from trading fees, or invest in the $ILP index to receive 90% of the wins and losses from players’ bets. The platform also incorporates token burning, has a developer plug-and-play interface, and is fully audited by top security firms. The presale for Insanity Bets recently went live, providing an opportunity for early adopters to get involved.
With a focus on decentralized casino gaming, Insanity Bets aims to provide a professional-grade gaming experience and generate revenue for token holders. The platform has been audited by reputable security firms such as SOLIDproof and Cyberscope, providing proof of fairness through the use of Chainlink VFR RNG. The $ILP index allows players to become the house by minting $ILP using $USDT, providing an opportunity to earn a passive income through the platform’s revenue sharing model.
The $IBET token on Insanity Bets offers another opportunity for players to earn a passive income. By buying and staking $IBET, players can receive a yield from fees generated on the platform. Staked $IBET ($sIBET) holders receive 35% of protocol fees in a revenue-sharing model, with the potential to increase APR with long-term staking multiplier points. Burning $IBET also allows holders to earn enhanced revenue by receiving 50% of protocol fees, creating incentives to hold the token over time for potential value appreciation.
The presale for $IBET has attracted investors looking to become early buyers of the token. With a total supply of 5 billion tokens, half of which are being sold in the presale, investors have the opportunity to purchase the token at a low cost. The remaining supply includes allocations for various purposes, including escrowed versions of $IBET, exchange listings, airdrop rewards, and team allocation. The rising pricing strategy during the presale stages means the cost of the token will increase, offering potential unrealized returns for presale participants.
Insanity Bets is revolutionizing the CasinoFi industry by allowing players to become the house and earn real yields through the platform. The $IBET token, along with the $ILP index, offers multiple avenues for players to earn a passive income on the platform. With a focus on fairness, security, and revenue sharing, Insanity Bets is poised to compete with industry giants and offer a unique gaming experience for players. The presale for $IBET provides early adopters with an opportunity to get involved in the platform at a low cost and potentially benefit from its future success.
