Utility
The Bank It app and token is a fully decentralised, smart betting, peer to peer competitive betting platform, built on the Ethereum network. Whether you play smartphone games, console or PC, whether you are high stakes sports bettor, a casual sports bettor, athlete, sportsman or casual gamer, Bank It app and token allows you to turn a hobby or skill into a career or secondary income.
Providing players the freedom to create custom bets between each other on whatever you desire. High-stakes game of FIFA? Poker? Call of Duty? Sports bet? 8 Ball Pool? Or maybe a bizarre bet between two friends. You set the terms, you set the stakes!
Organise and Participate in E-sports competitions on whichever console and game you choose. Bet against the house on your favourite sports team and sporting event. Get better odds, more data and better rewards.
View your Bank It token balance, your betting history, friends, interact with other players and create custom bets, build a following and a reputation, picture your favourite social media app merged with your favourite betting app
Ecosystem and User Interface
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.
Smartphone Betting
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!
Metaverse betting
With the ever expanding Metaverse and world of opportunity it brings, competitive betting definitely has its place, whether its virtual cardgames or any one of the new and upcoming metaverse based games, the ability to challenge other players and create custom bets within the Metaverse will be very valuable, now and in years to come.
Smart Betting
The hybrid, oracle and house contracts also allow users to place bets against the house on a variety of traditional sporting events in the same way you would with any other betting platform,
No more unfair and biased regulation!. No matter which country you reside and the legal status of betting, 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.
Unlike traditional betting companies, Bank It makes its money on transaction tax and the liquidity pool, and therefore has no gain to be made by players losing bets.
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. You set the date, you set the stakes. All done through the app and executed on the blockchain. The rewards pool will be used for weekly competitions on a variety of different games and platforms.
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!
Poker players
Players will be able to search for other poker players and challenge each other to high or low stake games, virtually, physically or in the metaverse. This can be individual bets or multi pool, multi player tournaments, you decide.
Smartphone gamer
Play competitively from wherever your location and challenge other players on any mainstream smartphone games, participate in smartphone esports tournaments and competitions. With many new smartphone games set to launch, we believe we are at the forefront of much needed utility and we give a world of opportunity to people in impoverished parts of the world that will soon be able to potentially earn a living from their smartphone.
Casual sports bettor
Unlike the balance of any fiat based betting app, the value of Bank It coin has potential for profit even if not being used to bet) not the case for fiat balance. Bank It app will hold more data and betting history of events for sports, more than traditional betting apps. , so players can base their decisions on historical data rather than emotion and pot luck.
Racing bettors
Bank It app will have historical odds and data on all forms of racing, dogs, horses, camels. This data will be more in depth than what you would fun in traditional betting apps or newspapers. Users will have the choice to place high stake bets whilst remaining anonymous.
Professional Sports bettor
Bank It will have different tiers of users, Professional and high stake bettors will be given better odds, more sports including e sports and more historical data to study than any traditional betting apps or bookies. Also providing discretion for high stakes betting which normal betting apps do not.
Weightlifters, Athletes and sports teams
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.
App
Beta version 1.0 coming soon.
Tokenomics
8%
Total Tax
2%
Burn
2%
For rewards competitions
2%
Platform
2%
Liquidity Pool
Bank It Token Allocation
Total Tokens
100000000000
20%
Private Sale
8%
Team Allocation
2%
Reward Pool
10%
Liquidity Locked
13%
PRESALE 1
12%
PRESALE 2
15%
MARKETING & CEX LISTING
10%
STRATEGIC PARTNERS & ADVISORS
Submit your details below to register for phase two of the private sale
Roadmap
Q1 2022
Smart contracts deployed, eco system development and token deployment.
Q2 2022
Private sale
Pre sale launchpad listing
beta version App development will begin and deployment of oracle and hybrid smart contracts .
Q3 2022
Public sale and beta version of app allowing peer 2 peer bets including escrow facility will launch in conjunction with each other.
Q4 2022
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 2023
API contract development to feed live data into app to allow users to place bets outside of peer to peer. I:e global sports events, racing, boxing, football . . typically the same type of user interface and use case as SKybet, Bet365. NFT integration and verification for profile pictures, verified (ETH built NFTs) showing verification. Also allow users to bet against each other with their NFTs, which can also be held in escrow on the blockchain.
VERSION 3.0
Ads in the betting app
Fully documented API for betting house and data service management
Q2 2023
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 2023 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 2023
Without revealing to much, Bank It will launch the fiat side of the business model in which a small percentage of liquidity pool will be utilised to generate profit in fiat, part of the profits go back to holders and players and remaining will 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.
Team
Marcus Hud Bailey
Founder CFO
14 years experience in private equity, digital marketing
Haveloon LTD
DAPP and platform specialists.
Platform and eco system advisors.
Brugu Software Solutions LTD
End to End Developers
Specialists in hybrid smart contracts and mobile app development.
Fitore Gerbeshi
Community Manager and gaming consultant.
Partners
TBA
Bottomline Marketing LTD
Digital marketing and funding consultants
Marketing
TBA
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.
Conclusion
Ultimately we believe competitive gaming and smart 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 a game or sports that may have no true financial fiat gain to be made. Whilst also steering people away from addictive pot luck based games or bets.
Bank It only encourages bets based on in depth historical data (smart betting – sports) or competitive betting – betting on your own skill set. We believe this eliminates a lot stigma attached to betting/gambling whereby bets are placed on biased emotions and reliance on luck. Bank It encourages a competitive but fair environment where players can interact with each, have the freedom to create custom bets and be proud of their betting history and record.
Whether you play smartphone games, console or PC, whether you are high stake sports bettor, a casual sports bettor, athlete, sportsman or casual gamer, Bank It app and token allows you to turn a hobby or skill into a career or secondary income.
How It Works
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.
The hybrid, oracle and house contracts also allow Users to be able to place bets against the house or against each other on a variety of traditional sporting events in the same way you would with any other betting platform, however due to Bank Its deflationary ecosystem and utility, holders of the bank it token will be making money even if they are not using the app or platform to bet, the price of the token should increase over time due to increasing usage and demand, coupled with the deflationary eco system, making it a more viable option than the current betting apps for those who just want to use it 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.
FAQs
1
You’re going to need a wallet first and foremost! metamask.io/ offers the most popular and functional option on the market, all available in a browser extension.
2
Next up, gas. Head to trustwallet.com/ which should provide you the opportunity to buy some Smart Chain BNB. Send that to your Metamask wallet, and you’re ready to trade on Binance Smart Chain.
3
Head to exchange. pancakeswap. finance/ and click on “Connect or Unlock Wallet” at the top right corner to connect your Metamask wallet. Follow the prompts and allow PancakeSwap to view your accounts and addresses.
4
Click on “Select a currency” above where it currently says
“Enter an amount” and paste in the token contract address: Address of CR7 Token.
5
Press the settings button that you see at the top right corner of the center panel. Adjust slippage to 11% to account for CR7 Token. (In case the volume is high, you can increase the slippage in order to confirm your transaction!)
