IBY available on 5 blockchain protocols ✔️
Already deployed on Moonriver, Polygon, Avalanche, Binance Smart Chain & Arbitrum
With a mission to create a fun game where you stake your tokens on your opinions against other people’s tokens and opinions and receive a financial reward (the pot) and a definite proof of who was right in the form of an NFT token minted to prove you were right for eternity. More importantly, we want to build a customer-facing DeFi product that will attract thousands of people with simplicity, superior UX and well-engineered mechanics rewarding all the people in the value chain.
By deploying IBY on various chains, the iBetYou community is getting even more flexibility — liquidity, higher performance, scalable protocol support and rewarding systems. iBetYou is now officially deployed on Moonriver, Polygon, Avalanche Network, Binance Smart Chain, and Arbitrum. All platforms are available directly from our website.
Here are the top takeaways you need to know:
1 | Moonriver ✔️
As part of the collaboration, IBY received a grant from the Moonbeam Foundation to help fund the expansion of the product to the Moonbeam and Moonriver networks. IBY will integrate with the DeFi ecosystem on Moonbeam and Moonriver to start creating their own yield farming opportunities via locked bets. Moreover, in due time, launch a multichain DAO with the $IBY governance token being used on Moonbeam to govern the protocol, solve disputes between the bettors, and much more.
As our CEO explains: “We strongly believe that Moonbeam and the whole Polkadot ecosystem will play a significant role in developing our industry in the next few years. We are committed to explore the future together and to start building unique customer-facing solutions like IBetYou. Moonbeam is a great fit for IBY as it allows us to integrate different DeFi protocols as they continue to emerge in this ecosystem and to leverage Polkadot-based cross chain integrations to provide advanced and native multi-chain capabilities.”
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2 | Polygon ✔️
Thanks to Polygon’s ultra-low transaction fees and high speeds, we are able to build iBetYou the way it’s intended to be. Fun and simple.There’s a yield generation aspect to placing the bets too — once locked, bet’s funds are converted to maTokens. Their value increases over time — so the longer the duration of the bet and more locked funds there are, more yield is generated. After the bet’s conclusion, this yield is split between the judges equally.
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Moreover, from November 2021, IBY is available for trading on the QuickSwap
3 | Avalanche ✔️
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. You are now able to bet among each other on Avalanche in $AVAX and enjoy the benefits of low fees and betting in your favorite asset.
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4 | Binance Smart Chain ✔️
BSC’s dual-chain architecture will enable us to build the project on one blockchain and take advantage of the fast trading to exchange on the other chain. Additionally, the partnership will boost liquidity across the two platforms, whilst rewarding their user communities with incentives.You are now able to bet among each other on Binance smart chain in $BNB
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5 | Arbitrum ✔️
Arbitrum is a scaling solution that offers the same combination of features at the lowest cost and supports porting Ethereum contracts at the bytecode level without code modifications.
Bettors will be able to place the bets at our platform, now at Arbitrum network in ETH, with minimal costs associated with each and every transaction.
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The main goal is to make IBetYou available to everyone, which is why we’re striving to provide support on as many different blockchain networks as possible.
Creating a challenge (bet) (on all five protocols!) is a few-minute process with a user-friendly interface. Here’s the walkthrough:⚡
Stay tuned, and follow us on public channels so you’re always among the first to know all the news about IBetYou.
#iBetYou is a smarter way to place and track your bets, keep them all in one place, customize your P2P be , find player or judge in IBYCommunity & win your favorite crypto + NFT 💰
Learn more & connect with us:
Website: ibetyou.xyz
Twitter: twitter.com/ibetyouxyz
Facebook: facebook.com/iBetYou.xyz
Telegram group: t.me/IBYXYZ
Telegram announcements: t.me/IBYAnnouncement
Have a proposal? Write us! ⚡️
