Bitfresh Token (BFT) IEO on ChainX
One of the main problems in the iGaming industry is the lack of transparency and, as a result, users distrust of traditional applications and online games. With blockchain, you can provide complete transparency, secure storage of user funds and non custodial gambling. This explains the growing popularity of gaming decentralized applications. In 2019, dApps from the gaming and gambling categories occupied the first six places in the ranking of the most popular decentralized applications.
A dApp is an application that runs without a backend in a decentralized computer system — for example, on a blockchain. Accordingly, the dApp uses the main advantages of the blockchain: transparency, reliability and data immutability. DAPP (Decentralized Application) consists of a backend code running on a decentralized peer-to-peer network. DAPP can also have a frontend-generated user interface that accesses the backend. No central server is required for DAPP to function: the interaction between users and providers is direct.
The emergence of blockchain technology and other digital assets has changed the way the world today now manages and conducts transactions. This technology has been adopted by various industries including the iGaming industry to improve on the existing method on which their day-to-day business activities are carried out. The transparency and immutability of blockchain technology helps creating a unique experience for players in the online gaming space.
Bitfresh is a blockchain-based community driven social iGaming experience that pays dividends to the players. The platform is filled with reward systems to give players many ways to win and earn over time Bitfresh uses blockchain technology to create a decentralized platform, where the gaming processes are efficient, transparent, and provably fair.
Bitfresh will harness the maximum capabilities of blockchain technology to provide gamers with numerous advantages which include: increased security, full transparency, non custodial betting and dividend sharing.
Bitfresh provides a secure and transparent blockchain-based iGaming platform that offers a range of games for interested users. There are both famous games and new ones. Choose from a huge variety and enjoy your time. Thanks to blockchain technology, the whole process is completely secure and you don’t have to worry about the platform’s fairness. We like to think of it as the first community-driven iGaming platform. One of our goals is to bring a decentralized system that makes the whole experience 100% trustless and manipulation free.
We carefully consider the interest of both the customer and the platform, to ensure that both are satisfied, and we do that by providing a solution that creates a win-win scenario for everyone. The most important thing regarding Bitfresh is to guarantee the interest, security and protection of both customers/users and the platform.
Transparency & Fairness
Blockchain technology is considered as a means by which true transparency can be encouraged in a given business of a digital context. Bitfresh would be using blockchain technology to verify transactions on the platform, thereby eliminating the need for trust.
Extra steps have been taken to ensure that the Bitfresh iGaming platform is compliant with the most recent trends regarding iGaming platforms.
To ensure a fair gambling experience Bitfresh will only use RNG-certified game providers and provably-fair technology for in-house games.
Bitfresh prides itself to be community first. We want to build the first community driven iGaming platform where our players and community suggest our roadmap. Bitfresh will be built on top of its community feedback and suggestions, and we want to keep it that way as we grow.
Innovative gaming mechanics
At Bitfresh we aim to disrupt the industry not only by leveraging blockchain but also by implementing innovative gaming mechanics to increase user engagement and retention. These include configurable and extensible auto betting, token mining while gambling, hidden surprise jackpots, dividend sharing system and complete gamification of the whole experience.
Our vision is to be a community driven iGaming platform that makes constant changes and iterations based on user feedback.
- Be recognized as the first truly community-driven iGaming platform.
- Grow and change as blockchain technology advances.
- Set an example of how a blockchain company should work with their community.
- Act as a stepping stone towards moving the iGaming industry in the right direction with provably fair gaming and true transparency.
On the core level, we want to make the concept of decentralized gaming tangible. Most importantly, our main vision is to supply the gambling ecosystem with trust, security and fairness. To achieve this, Bitfresh is designed to be interoperable; it is fair, transparent and secure as well as easy to use.
Bitfresh is Transparent and fair gambling. Community-driven. Blockchain-based.
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