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Bull Run Bets Announces Token Offering Coming Soon on TrustSwap Launchpad

Onuora Amobi·July 25, 2024
TrustSwap
Bull Run Bets Announces Token Offering Coming Soon on TrustSwap Launchpad

Bull Run Bets, a full-service web3 casino, live streaming, and sports betting ecosystem, has announced the upcoming $BRBC token offering starting August 22nd, 2024, at 5:00 PM UTC on the TrustSwap Launchpad.

Introducing Bull Run Bets

Bull Run Bets is changing the game by combining real-time streaming video with cutting-edge web3 casino gaming to provide a superior experience for anyone who likes to watch and wager on professional sports. The platform is designed to cater to a wide range of users, offering a diverse selection of games, secure transactions, and innovative features along with access to free live-streaming video of popular sporting events.

Now, you can watch your favorite sports live and bet on them in real-time, as well as play other popular casino games, all from one secure platform that includes community integrations such as live chat rooms and gamified engagement rewards. With a vast library of over 15,000 games and a complete sportsbook with live-streaming high-quality video, Bull Run Bets ensures that every user finds something they enjoy, making it a one-stop destination for all online gambling and sports betting.

Bull Run Bets uses industry-leading blockchain technology to ensure that all games are highly secure and provably fair. The platform is accessible in over 190 countries and supports both fiat and cryptocurrencies, including major payment methods like Visa and MasterCard.

With the launch of the $BRBC token at $8M FDV, Bull Run Bets will become a fully tokenized GambleFi platform offering many new benefits, including revenue sharing, token burns, staking rewards, and more!

Key Innovations

Live Broadcasting of Sporting Events: Bull Run Bets is the first crypto casino ever to enable live broadcasting of all sporting events directly on the platform with online chat functions and in-app moderators to boost community engagement through exclusive tournaments, events, and giveaways.

Instant Buy Pressure: The only casino to create instant automated buying pressure from every deposit, complementing the buying pressure from the buy-back and burn program.

PvP Bet on Anything: The first casino to offer a player-vs-player betting option on any subject, fostering real community engagement.

Trusted Game Providers: Uses well-known and trusted game providers, offering the best industry bonuses and rewards schemes-twice that of industry leader Rollbit.

Full Gamification: Includes custom events and leaderboards for all games (slots, poker, etc.), increasing user engagement with best-in-class loyalty programs.

Advanced AI User Tracking: Provides personalized offers and bonuses based on deposit, wager, and withdrawal habits.

Comprehensive Tokenized Casino: One of the few fully comprehensive tokenized casinos on the market offering a full range of gambling products under one roof.

Problems Solved

  1. Lack of Trust and Security in Online Gambling:
    • Solution: Bull Run Bets is fully licensed and regulated, holding a Curacao E-gaming license. This ensures that the platform operates within strict legal and ethical standards. Additionally, AI-driven security measures protect users from fraud and enhance the overall safety of the platform.
  2. Unreliable and Unfair Gaming Practices:
    • Solution: Games on Bull Run Bets are powered by reputable software providers who ensure fairness through rigorously tested Random Number Generator (RNG) technology. This guarantees that all game outcomes are random and unbiased, fostering a fair gaming environment.
  3. Fragmented User Experience:
    • Solution: By offering a comprehensive suite of gaming options—from classic slots and table games to a full-fledged sportsbook with live broadcasting—Bull Run Bets eliminates the need for users to switch between multiple platforms.
  4. Limited Engagement and Rewards:
    • Solution: Bull Run Bets engages its community through regular campaigns, competitions, and a unique "Buy and Burn" program. The platform’s airdrop campaigns, such as Zealy, Gleam, TaskOn, and Galxe, reward users for their participation, fostering a loyal and active user base.

Bull Run Bets is not just another online gambling platform; it is a pioneering solution that sets new industry standards for security, fairness, and user engagement.

Business Model

Here's an overview of the Bull Run Bets business model:

Revenue Allocation: A dedicated portion of daily earnings from all verticals – the Casino, Crypto Futures, and Sportsbook – is allocated for the Buy and Burn initiative.

Deflationary Mechanism: $BRBC tokens are purchased from the market and directly from Bullrunbets.io. These tokens are then permanently 'burned', i.e., removed from circulation.

Scarcity and Value: As more tokens are consistently bought and burned, the overall supply diminishes. This reduction in supply makes $BRBC a deflationary cryptocurrency, potentially increasing its scarcity over time.

Transparency Dashboard: Bull Run Bets has a Revenue Dashboard that displays detailed burn statistics. This on-chain burn process is automated and updated daily, ensuring transparency and allowing users to track burn activities in real-time.

Inclusive Revenue Model: The Buy and Burn initiative encompasses revenue from all our business verticals, including the Casino, 1000x Crypto Futures, and Sportsbook, with the following revenue distribution:

  • 1000x Crypto Futures: 60%
  • Sportsbook: 40%
  • Casino: 20%

Rewarding Loyalty: 20% of the purchased $BRBC is redistributed to the community as staking rewards, ensuring that the Buy and Burn initiative not only supports the token's deflationary nature but also reinforces the team's commitment to the community.

$BRBC Token Utility

  • Buy-Back-and-Burn: 20-60% of the casino's Gross Gaming Revenue (GGR), depending on the game, is used to buy back the token and burn it. This increases scarcity allowing players to tap into the value generated by the casino.
  • Industry-First Backend Deposit Smart Contract: This feature creates significant buying pressure on the token from every deposit made into the casino through instant smart contract purchases.
  • Lottery Pool: All holders, players, and stakers automatically gain free entry to a weekly lottery pool with large payouts. By wagering or staking more of the token, tickets are increased.
  • On-Chain Casino: Offers transparent, verifiably fair betting on-chain, which enhances user trust and allows instant withdrawals to any crypto wallet.
  • Increased Bonuses and Rewards: Additional community perks and benefits for using $BRBC token.

Meet The Team

Jamie Beck - Co-Founder
With 6 years as an IT consultancy owner, preceded by a decade as an IT engineer, Jamie is an avid competitive gamer turned game developer. He has been focused on blockchain since 2016.

Tom Burge - Co-Founder
Tom has over 10 years of experience in advertising and marketing. He was the Sales Director for 13+ years at an award-winning company and served as a CMO for 2 years. Tom has been a blockchain Enthusiast since 2017.

David Woodrow - Social Media Manager
David has directed social media for multiple crypto projects and managed online engagement and social media presence for top firms. He has been passionate about cryptocurrency since 2016

Learn More

Learn more about Bull Run Bets and the $BRBC token by clicking the links below.

Token Offering Details

This is a Public Round token offering for the $BRBC token launching on BNB Smart Chain with an FDV of $8M.

TGE with both CEX & DEX listing on MEXC and PancakeSwap is planned for September 3rd.

Tokenomics

Secure Launch Process

To ensure a smooth launch, the Bull Run Bets team has agreed to:

  1. Have their domain fully SSL certified one week prior to the launch date.
  2. Have their domain protected by Cloudflare and share the proof with TrustSwap prior to the launch date.
  3. Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
  4. Distribute tokens to launchpad participants within one hour of exchange listing.
  5. Provide the timeline for token distributions and distribute tokens within a one-hour window of the agreed-upon time.
  6. Have at least one community moderator on each social platform (Twitter, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch.

Participation and Allocation

This Launchpad offering is for a Public Round allocation of the $BRBC token. Anyone who wants to join can apply, but application does not guarantee an allocation.

As always, anyone with a $SWAP Staking Score of at least 4,000 can receive a guaranteed allocation provided that individuals (and entities) pass KYC (jurisdictional restrictions apply). Token allocation will be split up among eligible participants proportionately based on their percentage of the total combined Staking Scores. Any unclaimed allocations after the initial funding round will be offered to those who might otherwise be ineligible.

Visit the TrustSwap Dashboard to check your staking score. You can add more SWAP and/or increase the duration of your stakes at any time to increase your Staking Score. To learn more about Staking Scores and the TrustSwap Long-Term Staking Pool (LTSP), read our comprehensive blog post.

Step-By-Step Guide

Prepare for Launch Day by ensuring that your SWAP stakes are topped up before the snapshot. You can also complete your KYC in advance.

  1. On August 22nd, 2024, at 5:00 PM UTC, the application window will open for 24 hours. During this time, go to the TrustSwap Launchpad and click the “Start” button to apply. The snapshot will be taken 24 hours after the launch event begins.
  2. Complete all of the steps required for KYC verification. This can be done in advance at any time for free in just a few minutes. To save time on launch day, complete your KYC registration now.
  3. On August 23rd, 2024, at 5:00 PM UTC, the application portal will close, and a snapshot will be taken of all active SWAP stakes. There will then be a waiting period of up to 48 hours as the team finalizes internal processes.
  4. Successful applicants will receive an email confirming their total allocation (the maximum amount they are allowed to contribute to the token offering) and asking how much they wish to contribute. Individual allocations will be either the full allocation or the pledged amount, whichever is lower.
  5. You will have 24 hours to send funds. After 24 hours, your position will be given to the next in line, and you will lose it. Payments must be sent in USDC or USDT on either Ethereum (ERC20), BSC (BEP20), or Polygon (MATIC) blockchain.
  6. Any tokens that are unclaimed after the initial funding round may be offered to those who applied successfully but were not eligible for guaranteed allocations.

How To Prepare

  1. Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens in the Long-Term Staking Portal before the snapshot on 8/23/2024 at 5:00 PM UTC.
  2. Take a photo of your government-issued ID card (Passport, Drivers License, or any other form of government-issued ID card that has your photo in it).*
  3. Take a selfie of yourself holding the ID card along with a note that reads: “BRBC 2024”.*
  4. Make sure to follow the TrustSwap Announcement channel for updates and confirmations.
  5. Submit your details and documents at any point during the 24-hour launch window at https://dashboard.trustswap.org/app/launchpads.

Note: Steps 2 and 3 are not necessary if you have an active KYC registration. You can save time by pre-registering at https://dashboard.trustswap.org/app/sekuritance.

Who Can Participate in the $BRBC Token Offering?

Anyone not domiciled in the USA or UN-sanctioned countries can participate in the $BRBC Public Round token offering.

Disclaimer: Launchpad dates and details are subject to change. This is not an endorsement, partnership, or offer for investment by TrustSwap. Bull Run Bets is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.

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