Bank It Token

SEED SALE
CLOSED 100%

A fully decentralized peer 2 peer betting platform built on the Ethereum network.

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. 

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. 

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!!

Physical team sports and events!!!

The Multi pool betting function allows players to organise team and single player  events on any sports or hobbies you want. Football, Basketball, Golf, Weightlifting. . . . Just set the date and location. Players would organise events using the in app chat, betting terms are created, all parties agree on betting terms, tokens are deducted from each wallet and held in escrow until the event is over. All players confirm the winner/s and outcome in the app and the tokens are released from the escrow to the winning player/s wallets. (Any ‘outcome disputes’ will be passed over to compliance and disputes department for review.)

Any players making continuous outcome disputes or reports of foul play will have their wallet address and profile banned.

Metaverse Betting

With the ever increasing amount of metaverse games, it is inevitable that competitive betting will have a place, we aim ….

SPORTS BETTING!!

Metaverse Betting

With the ever increasing amount of metaverse games, it is inevitable that competitive betting will have a place, we aim to be the go to platform for peer 2 peer betting in the metaverse and the freedom to create your betting terms are endless.

Multi Pool Bets!

The Bank It app and token allows the freedom to create custom multi user pools bets, meaning whole sports 

SPORTS BETTING!!

Multi Pool Bets!

The Bank It app and token allows the freedom to create custom multi user pools bets, meaning whole sports teams can create custom bets and competitions between each other in single or team sports. Meaning not just digital esports competitions can be held, but physical too. Whether it’s a powerlifting competition or football match, this can all be organised and arranged between users in the app.

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!!

NFT Integration and Verification.

Version 2.0 of the app will have NFT verification for players profile pictures. NFTs built on the Ethereum network are able to also be held in escrow. This means players can use their NFTs to bet against each other as well as their Bank It tokens.

REPUTATION!!

Players will aim to win bets, accumulate Bank It tokens and be proud of their betting history.

SPORTS BETTING!!

REPUTATION

Players will aim to win bets, accumulate Bank It tokens and be proud of their betting history. Display win percentages and achievements, gain fans and establish an in app reputation, either as yourself or an alias. Picture your favourite social media app merged with your favourite betting app.

Smartphone E-sports

When talking about esports, generally it’s about games being played on a professional level…

SPORTS BETTING!!

Smartphone E-sports

When talking about esports, generally it’s about games being played on a professional level across PCs or gaming consoles. But we know there are millions of people whole who play smartphone or mobile version games .

Finally there will be a way for skilled players to compete and challenge each other in games such as League of Legends: Wild Rift, Clash of Clans, Arena of Valor, Golf Clash, 8 Ball pool, PUBG Mobile, etc. Opening up a whole world of opportunity for smartphone gamers to take part in competitive gaming and e-sports and potentially make it a career. All that’s needed is the Bank It app and token and access to the internet!

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!!

Smartphone E-sports

When talking about esports, generally it’s about games being played on a professional level across PCs or gaming consoles. But we know there are millions of people whole who play smartphone or mobile version games .

Finally there will be a way for skilled players to compete and challenge each other in games such as League of Legends: Wild Rift, Clash of Clans, Arena of Valor, Golf Clash, 8 Ball pool, PUBG Mobile, etc. Opening up a whole world of opportunity for smartphone gamers to take part in competitive gaming and e-sports and potentially make it a career. All that’s needed is the Bank It app and token and access to the internet!

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. 

SPORTS BETTING!!

DECENTRALISED!!

Players do not need an account with a third party or provide Know-Your-Customer details. The only information that identifies them is the automatically produced address of their betting wallet.  Once betting terms are agreed, tokens are deposited into escrow on the blockchain and automatically paid out to the winner/s once both parties agree on the outcome, this is all possible through the development of our hybrid and oracle smart contracts.

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!!

SPORTS BETTING!!

No more unfair and biased regulation!. No matter which country you reside and whether betting is considered legal or not, 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 favourite 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.

Stake tokens and  earn rewards and token drops! Unlike traditional betting apps, the Bank It token has potential for profit even if not being used to bet. All losing tokens are burned, which means Bank It does not require players to lose bets In order to make money. Your profile Is linked to your wallet address only, so If discretion is important to you, choose an alias, or nickname, the choice is yours. Place high stakes custom bets against other players or against the house and retain your financial privacy and bank statements.

APP DESIGN AND LAYOUT

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 2023

Private sale

Q1 2023

Beta version App development will begin and deployment of oracle and hybrid smart contracts .

Q1 2023

Pre sale launchpad listing

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

Marcus Bailey

Founder/CEO

Our Team

Marcus H Bailey

14 years experience in private equity and digital marketing, has a strong network in traditional finance.

Haveloon LTD

Platform and ecosystem advisors

Our Team

Haveloon LTD

Platform and ecosystem advisors

Jack Richards

Software Engineer

Our Team
10 years experience as a Software and computer scientist, specialising in back end support

Brugu Software LTD

End to end developers. Specialists in DAPP and hybrid smart contract development

Our Team

Brugu Software LTD

Developer

End to end platform and smart contract Developers, dapp and platform specialists.

Fitore Gerbeshi

Community manager

Our Team

Fitore Gerbeshi

Community manager

Bottomline Management

  Primary digital marketing arm

Our Team

Bottomline Management

Marketing

Marketing LTD – Primary digital marketing arm

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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