Betbetter - Web3.0 Crypto Casino - Come Join Us

 Betbetter - Web3.0 Crypto Casino - Join US

BetBetter: Leading Crypto Casino Solution Web 3.0

BetBetter aims to provide seamless, fun, profitable gaming experience on most EVM compatible networks, near, and terra networks. 

Supported Tokens

BetBetter currently support BTC, ETH, Solana BSC, Polygon, OEC, AVAX, xDAI, etc. You can check the complete supported tokens on website. 
For Bitcoin, we support 0 confirmation deposit now as long as your fee is greater than 4.979 sat/b. Otherwise, deposit will be credited after 1 confirmation. 

Core Tokens vs Community Tokens

Tokens are categorised as core tokens and community tokens. You can check the token type next to the your wallet balance in the header. Core tokens are mainstream tokens such as BTC, ETH, BNB, Matic, FTM and stablecoins. 
We also list tokens for other DEFI projects too. These are community tokens. 
For communities who are partnered with BetBetter, their tokens can have customised limits. For communities who do not have a will to work with us, their tokens are only supported for players who wanna try out our platform in order to protect the community. These tokens have lower bet limit and withdraw limit. Also, since most community tokens do not have good liquidity and high price volatility, their price is quoted on a 24-hr TWAP.

Withdrawal Limits

Core tokens: the default withdrawal limit for any core token is $10,000 worth per day unless otherwise indicated.
Community tokens: the default withdrawal limit for any community token is $1,000 worth per week unless otherwise indicated.
Withdrawal limits can be checked by clicking withdrawal button next to a specific token in wallet page. 

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How Cryptocurrency Games Raise the Stakes for Modern Gamers

Gaming and the blockchain are seemingly made for each other.

Gamers have long been willing to spend a great deal of time and money on a well-crafted virtual world, and blockchain technology, with its ability to support the robust global trade of digital currencies and items, provides the perfect path for expansion. Cryptocurrency games are bringing these two worlds together, and although it’s still early days, the signs of what’s to come are promising.

This article explores the world of cryptocurrency games, explaining what they are, uncovering why they’re important, and highlighting some of the most prominent players in the space. 

• Play-to-earn games
• Crypto-educational games

Why are cryptocurrency games important?

Important cryptocurrency games and video game cryptocurrencies

• Axie Infinity
• Decentraland
• Enjin Coin
• Forest Knight
• CryptoZombies

What are cryptocurrency games?

Cryptocurrency games are video games that use cryptocurrency as the foundation of an in-game economy. Cryptocurrency games use blockchain technology to support digital tokens traded in the game by its players and outside the game via exchanges. Because blockchain technology allows for a decentralized store of information, the tokens used in cryptocurrency games can be less susceptible to the risks involved with other in-game currencies, such as the closure of a game developer. The term “cryptocurrency games” can also describe games that teach what cryptocurrency is, how it works, and more.

Cryptocurrency games are under the umbrella of blockchain games , but they are not entirely equivalent terms. Blockchain games also include games that leverage blockchain technology only as a means of supporting the use of non-fungible tokens (NFTs). NFTs are not designed to be treated as equivalent in the same way all currencies — including cryptocurrencies — are. Instead, NFTs assign individual ownership to unique digital assets.

Major cryptocurrency game types

Cryptocurrency games can generally be grouped into one of two categories: play-to-earn games and educational games. Let’s take a look at each in turn.

Play-to-earn games

Play-to-earn games  can function in several different ways. Their defining characteristic is that the game’s mechanics financially reward players for their time. Cryptocurrency games that employ play-to-earn mechanics award players cryptocurrency in exchange for completing tasks or goals. Some play-to-earn games require players to invest their own money as a start-up cost, and these are called “pay-to-earn” games. Not all play-to-earn models rely on cryptocurrencies to incentivize players: Others use NFTs that players can earn and treat as investments. Finally, some play-to-earn games utilize both cryptocurrencies and NFTs to power their in-game economies.

Crypto-educational games

Crypto-educational games explore and explain cryptocurrencies via interactive lessons delivered in video game format. These games can help players understand the basics of cryptography, blockchain technology, and cryptocurrencies. They also can help players gain blockchain development skills and launch their own decentralized applications — also known as dapp.

Why are cryptocurrency games important?

Many of the gaming industry’s most influential and powerful players are embracing cryptocurrency games. The CEO of Ubisoft, Yves Guillemot, has called blockchain games “revolutionary,” and EA’s chief executive has dolled out similar praise, declaring that some of the types of games leveraging the technology are the “future of our industry.” While not all publishers are convinced — most notability Valve — many are working to incorporate this approach into their developmental roadmap.

But the trend is bigger than just gaming, as blockchain games have established themselves as a powerful force within the dapp ecosystem. Blockchain games now account for the bulk of the user activity in the space, with 55% of unique active wallets connecting to these titles in October of 2021. 

The rise of cryptocurrency games also complements another massive tech trend: the metaverse. As the recent rebrand of Facebook attests, the metaverse is a vision of the future of the internet that has attracted the full backing of some of the world’s most influential organizations. With their ability to provide digital ownership, employment, and robust marketplaces, cryptocurrency games could serve as both an entry point to a metaverse and an engine of its continued growth. 

In short, cryptocurrency games have gained the gaming industry’s attention, are gobbling up the dapp ecosystem, and seem to be a match made in heaven for the metaverse.

Important cryptocurrency games and video game cryptocurrencies

While there are already scores of cryptocurrency games and video game cryptocurrencies, only a few have proven their merit. To give you a lay of the land, we’ve broken down some of the most important here.

Axie Infinity

Axie Infinity is a pay-to-earn game that has become the poster child of the cryptocurrency gaming space. Like Pokémon, the game is built around the collection and combat of cartoon monsters, known as Axies. Each Axie is an NFT, and players must purchase several to start playing. The game rewards players for completing tasks with its native cryptocurrency, AXS, whose market capitalization as of the time of this writing is well north of $9 billion. Axie Infinity has such a thriving economy that it affords many players a living wage — with some claiming to make over six figures a month for their efforts.

Decentraland

Much like Roblox, Decentraland offers a vast, open-ended, open-world platform designed to empower a player’s inner explorer and creator. The game allows players to customize their character, buy and develop land, and explore an enormous virtual landscape. The platform runs its economy and governance via MANA — a cryptocurrency built using the Ethereum blockchain. The project has taken off, and MANA’s market capitalization sits second among all gaming cryptocurrencies — just under $5 billion.

Enjin Coin

Unlike AXS and MANA, Enjin Coin was not designed to suit the needs of any particular game. Now the third-highest video game cryptocurrency in terms of market capitalization, Enjin Coin enables developers to create their own cryptocurrency and blockchain games — or add these features to an existing game. One of the most notable early adopters of Enjin Coin is Minecraft, which uses it to support NFTs for their players.

Forest Knight

Built around the KNIGHT token, Forest Knight is a mobile, turned-based fantasy game that uses the play-to-earn framework and storytelling to drive player engagement. The game ensures the rarity and uniqueness of player items using NFTs, with some of the world’s items having fewer than a dozen extant versions. While there are relatively few item types currently, the game’s developers are in the process of building out a wide assortment of other NFT categories to drive player interest and growth.

CryptoZombies

CryptoZombies is a crypto-educational game that teaches players about cryptocurrency and blockchain technology, particularly development. The game currently features two courses that guide players from fundamentals to app deployment via interactive lessons. The game rewards its players’ progress by giving them “crypto-collectibles” along the way, which they can use to battle against other players.

Need a crypto-collaborator?

The future of cryptocurrency gaming is bright. The space has only begun to take shape, and there are already four cryptocurrencies with market capitalizations over a billion dollars — one of which is listed in the top thirty among all cryptocurrencies. For many publishers, this represents the next frontier of the gaming industry.

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Kucoin's Bitcoin Cloud Mining Is Back! Is It Still Worth It?

Asan avid crypto enthusiast and HODL-er looking for ways to expand my avenues of passive income, the idea of cloud mining has always appealed to me. I was very excited when the first phase of Kucoin Cloud mining launched; I wasted no time in subscribing to it. The 3rd phase of Kucoin’s Bitcoin cloud mining plans have launched today, much to my excitement! As such, I will be providing a follow-up review of my earnings from the first phase of Kucoin’s cloud mining service thus far, so that you can make an informed decision on how worthwhile is this mining plan.

 

A Recap

I purchased a 180-day mining plan with a 5T hashrate from Kucoin, which commenced mining on 9th March 2022, at a cost of 116.7USDT.

My earnings so far of 41 days are summarized below.

Summary by month

Daily breakdown of earnings for the past week.

Displaying this in a graphical format gives the following graph.

The apparent increase in my mining income on 16th April 2022 was due to the fact that I had chosen to utilize my prepaid USDT to pay for electricity fees, instead of having it deducted from my mined BTC.

 

Some Calculations

I have, in total, mined for 41 days. For the purpose of calculation below, I will exclude the last 2 days of mining whereby my electricity fees were prepaid by USDT.

As such, total BTC mined over 39 days = 0.00058972 BTC

Cost of my mining plan for 39 days = (39/180) x 116.7 = 25.285 USDT

Given the current BTC price of $39000, earnings of 0.00058972 BTC translates into 22.99 USDT. This does not seem profitable when compared to the cost of my mining plan for the same duration of time (25.28 USDT), having taken into account electricity fees.

As such, we can conclude that the profitability of this mining plan largely depends on the price of BTC, as a relatively fixed amount of BTC is earned per day regardless of its market price.

Dividing the cost of my plan by the amount of BTC mined gives 25.285/0.00058972 = 42,876.

In other words, for my mining plan to become profitable, BTC needs to break above $42,876.

 

New Mining Plans

Kucoin has launched its 3rd phase of cloud mining plans today, apparently running on a new miner, the Whatsminer M30S++.

The projected yield is somewhat lower than when the first round of plans were launched as shown below, likely due to a decline in the price of BTC since then.

 

How To Improve Earnings?

Electricity fees account for a significant deduction of the earnings. When the price of BTC drops, the amount of BTC used to pay for electricity fees increases.

Note that the amount of BTC used to pay for electricity fees increases when the price of BTC dumps.

Hence, a strategy would be to pre-pay for electricity fees in USDT, which can be done throughout the course of the mining plan, or only toggled on when the price of BTC is low. To opt for electricity fee deduction in USDT, firstly ensure that you have sufficient credit balance in USDT, which you can top up under the “Electricity Management” section of your dashboard as shown below. On average, electricity fees amount to 0.3 USDT per day.

Once you have recharged your pre-paid funds, head over to “Orders” on your dashboard, and note the electricity fee deduction toggle on the lower right corner.

Turning this toggle off deducts electricity fees from the pre-paid USDT; and vice versa.

 

How To Purchase A Mining Plan?

Sign up for Kucoin here, if you don’t already have an account.

Go to Cloud Mining > Select the corresponding product > Click Buy Now > Enter the amount of hashrate to purchase > Select whether you want to prepay the electricity fees > Submit the order > Click Pay > Complete verification > Complete the payment.

JOIN KUCOIN :- CLICK HERE

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