SEED SALE
CLOSED
100%
Utility
The Bank It app and token is a fully decentralised, peer to peer competitive betting platform, built on the Ethereum network. Whether you play smartphone games, console or PC, whether you are a high stakes or casual sports bettor, athlete or casual gamer, Bank It app and token allows you to turn a hobby or skill into a career or secondary income.
Organise and Participate in E-sports competitions on ANY console or smartphone, create custom bets between you and any other player/s on whatever event you like.Â
Bet on your favourite sports team or big sporting event, get better odds, more data and better rewards. Build your Bank It token balance, be proud of your betting history, gain a following and reputation. Your favourite social media app merged with your favourite betting app
E-SPORTS FOR EVERYONE!!
No longer will gamers have to rely on 3rd parties to host E-sports events and competitions. Amateur and pro gamers will be able to organise and create events themselves for their console and games of choice. This includes mobile versions of your favourite games. You set the date, you set the stakes. All done through the app and executed on the blockchain.Â
Bank It will host monthly in app competitions on a variety of different games and consoles or sporting events. Rewards will be paid from the accumulated 2% rewards pool tax.
Physical team sports and events!!!
The Multi pool betting function allows players to organise team and single…
SPORTS BETTING!!
Metaverse Betting
With the ever increasing amount of metaverse games, it is inevitable that competitive betting will have a place, we aim ….
SPORTS BETTING!!
Multi Pool Bets!
The Bank It app and token allows the freedom to create custom multi user pools bets, meaning whole sportsÂ
SPORTS BETTING!!
NFT Integration and Verification
Version 2.0 of the app will have NFT verification for players profile pictures. NFTs that are built on the ethereum network can be held in escrow in the same way tokens can, allowing players to also use their NFTs to bet.
SPORTS BETTING!!
REPUTATION!!
Players will aim to win bets, accumulate Bank It tokens and be proud of their betting history.
SPORTS BETTING!!
Smartphone E-sports
When talking about esports, generally it’s about games being played on a professional level…
SPORTS BETTING!!
DEFLATIONARY
All tokens from losing bets will be destroyed and there is also a 2% burn tax. This creates a deflationary ecosystem and finite amount of tokens, which should lead to organic price appreciation for all holders.
SPORTS BETTING!!
DECENTRALISED!!
There is no 3rd party KYC verification or AML checks, players are identified from their wallet address which will be linked to the Bank It app. Create a profile as yourself or an alias, you decide.Â
SPORTS BETTING!!
SPORTS BETTING!!
No more unfair and biased regulation!. No matter which country you reside, as long as you can purchase crypto you can buy the Bank It token and download the Bank It app.
Bank It app will offer better odds, more historical data and betting history for all of your favorite sports, players will have access to the most relevant and recent statistics, so you can base your bets on data rather than emotion and pot luck.
SPORTS BETTING!!
APP DESIGN AND LAYOUT
 The interface and design of the app will appear very similar to other social media and betting apps, whereby you have your profile tab, (betting history, win percentages etc). A browse tab to search other players, games, consoles. A create tab where players create the terms of the custom bet. A chat/messages tab,  where players discuss betting terms with each other before creating bets. A sports betting tab which open all the upcoming sporting events and statistics for players to review and place bets against the house.
Roadmap
Bank it is already actively in talks with small and medium cap gaming companies with the intention to acquire partnerships and sponsorships to held large global gaming competitions and events. Bank It aims to acquire partnerships and sponsorships with sports teams, venues, gaming companies and many more.
Q2 2022
Smart contracts deployed, eco system development and token deployment.
Q3 2022
Seed sale
Q1 2022
Private sale
Q1 2023
Pre sale launchpad listing
Q1 2023
Beta version App development will begin and deployment of oracle and hybrid smart contracts .
Q2 2023
Public sale and beta version of app allowing peer 2 peer bets including escrow facility will launch in conjunction with each other.
Q4 2023
version 2.0 of app and web version launched. App enhanced to include social media type dashboards and ecosystem, including friends and followers. Search features to allow players to look for games they want to play and search for other players. Further optimisation of smart contracts. Lower blockchain fees for betting transactions and event data updates. Multi pool multi player bets will be functional.
Q1 2024
API contract development to feed live data into app to allow users to place bets outside of peer to peer. I:e global sports games, racing, etc, typically the same type of user interface and use case as SKybet, Bet365. NFT integration and verification for profile pictures, to allow users to not only have verified (ETH built NFTs) as their profile pictures that will have verification mark to show it is owned by the same wallet. Also allow users to bet against each other with their NFTs, which can also be held in escrow on the blockchain.
VERSION 3.0
Progressive web app for mobile devices
Ads in the betting app
Fully documented API for betting house and data service management
Q2 2024
Bank It will begin hosting multiple different large in house competitions with large reward pots for players, that has been accumulated from the 2% reward tax. This will range from console and smartphone gaming, to sports betting, to physical sporting events.
Q3 2024
Version 4.0 Fully documented API for betting house and data service management Complex bets involving combinations and comparisons of outcomes Cross blockchain development. Debit and credit card payments.
Q4 2024
Without revealing to much Bank It will launch the fiat side of the business in which a very large team of experts will utilise some of the liquidity pool to generate substantial profits, part of the profits go back to holders and players and remaining will continue to be utilised to generate profit and accumulate leverage, more will be revealed about this side of the business in due time. Bank it is already actively in talks with small and medium cap gaming companies with the intention to acquire partnerships and sponsorships to held large global gaming competitions and events. Bank It aims to acquire partnerships and sponsorships with sports teams, venues, gaming companies and many more.
Total Tokens
Total tax
100,000,000,000
8%
2%
burn
2%
competitions
2%
platform
2%
liquidity pool
Team
Legal
Bank It has taken advice from multiple different UK and EU based legal and compliance companies just to ensure we fall outside the remit of any regulations and can operate in completely de centralised manor, which we know is the case. We will always seek a quarterly revision of legal and regulatory changes, however the whole ethos of Bank It is decentralisation.
Partners
TBA
How It Works
Once terms are agreed, tokens deposited into escrow and automatically paid out to the winner/s after the event. Each user would accept the terms of the custom or pre selected bet, select the stake and odds, once both parties agree, the bank it token is then deposited into the escrow and paid out to the winner if both parties agree on the outcome, this is all possible through the development of our hybrid and oracle smart contracts. Due to Bank Its deflationary ecosystem the price should increase over time due to increasing usage and demand, making it a more viable option than the current betting apps even for those who only want to place casual sports bets and not use the app for competitive betting.
Bank It platform does not rely on players losses to make money. As stated in tokenomics 2% of tax will go to the Bank It liquidity pool and 2% will go to the rewards pool. The Bank It liquidly pool will functional as any other traditional liquidity pool, however a small percentage of it will be traded in house. More about this will be revealed later in the roadmap.
Conclusion
Bank It provides and eco system whereby that innate competitiveness we all have, can be used in a casual but competitive manner with other like minded people. Peer 2 peer betting brings a whole new world of opportunity for millions of people no matter the gender or economical circumstance, the ability to earn a living from being skilled at your favourite game or sport whilst steering people away from addictive casino style games or bets. Bank It only encourages bets based on in depth historical data (smart betting – sports) or competitive betting against other players. This eliminates a lot stigma attached to betting/gambling, encouraging a competitive but fair environment where players can interact with each, have the freedom to create custom bets and be proud of your betting history and record, all while building your Bank It token balance.
CEO
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