4.7 PROBLEM FIVE

A common issue with casinos based on cryptocurrencies are the strong fluctuations in value to which the token can be exposed. Especially after an ICO, a large loss in value of the token can occur. This leads to further problems with the pricing of services on the platform and the profitability of the casino.

SOLUTION 5

Being aware of the risks associated with a deflationary effect, BITBET has decided to counteract this danger by taking both supply- and demand-sided measures. On the supply side, we will be using 10% profit to burn BITBET tokens reducing the amount of BITBET tokens in supply, these tokens will be burned by sending them to a zero-address. On the demand side, in addition to increasing demand we are taking a host of measures to incentivize the usage of the BITBET token over other cryptocurrencies on the BITBET platform, such as reflections for holders of a minimal 40,000 tokens, besides, a farm like system can be created to incentivize holders to lock their tokens.