DecentraBet (π,π§‘)
@DecentraBet
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Decentralized Gaming on @zkSync $DeBet https://t.co/KwrGOzAc7f
Joined March 2022
1/ Thread of important DecentraBet tweets and threads. Start here if you're new π§΅β¬οΈ
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π«‘ wen zkSync?
π First Month of VRF Success on @Arbitrum One: Achieving lightning-fast response times and powering the Layer 2 ecosystem A little over month ago, our smart contract was launched on Arbitrum, bringing a much-needed solution for decentralized random number generation in the
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4/ With these changes, we're confident that we're on the right path to revolutionizing the world of decentralized gaming. Loyal discord/community members and ALSO those who participated in the IDO will be rewarded. https://t.co/yybPf9xLSt
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3/ Airdrop By switching to an airdrop model, we aim to build a strong community around DecentraBet, emphasizing fairness and inclusivity. This approach will reward loyalty and community rather than wallet size.
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2/ We have been working hard to become the first casino on zkSync and our games will be live very soon. zkSync will also be the home of the $DeBet token. Thus we will be refunding the entire IDO and switching to an airdrop model!
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1/ We'll be refunding the IDO and pivoting to an airdrop model for our @zkSync launch. β¬οΈ
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8/ π Stay Connected Stay tuned for updates on DecentraBet's move to zkSync and other exciting developments by following our twitter and discord. Join us as we take the gaming world by storm, one bet at a time!
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7/ π― Our Commitment to Excellence At DecentraBet, we are committed to providing the best possible gaming experience for our users. By moving to zkSync once VRF support is available, we will continue to innovate and lead the way in the decentralized gaming industry.
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6/ π Benefits of Moving to zkSync Once randomizer is live on zkSync, DecentraBet's transition will bring numerous benefits. The most important being: β’ Faster, cheaper, and more efficient gaming β’ Increased adoption and user base
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5/ π° DecentraBet: The Future zkSync Casino As the first casino built on zkSync, DecentraBet will offer: β’ Lightning-fast transactions β’ Significantly reduced gas fees β’ Enhanced security & privacy β’ An even better gaming experience for our users
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4/ β‘οΈ zkSync: A Layer-2 Scaling Solution zkSync is a Layer-2 scaling solution that brings high-speed and low-cost transactions to the Ethereum network. A perfect solution for our confirmation-less casino.
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3/ Waiting for RandomizerVRF on zkSync We're eagerly awaiting the integration of @RandomizerAi on zkSync. Once it's live, DecentraBet will move to zkSync and become the first zkSync-powered casino!
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2/ π VRF: A Critical Component for DecentraBet VRF is essential for our gaming platform to ensure fair play and true randomness. As of now, zkSync does not support VRF, which is the main reason DecentraBet hasn't made the switch yet.
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1/ DecentraBet is coming to zkSync Era! You might be wondering why DecentraBet hasn't moved to zkSync yet, given its numerous advantages. Let's dive into this topic in this thread! β¬οΈ
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14/ π Join the Revolution: DecentraBet Sportsbook Exchange is just the beginning of our journey into the world of sports betting. Join us as we revolutionize the world of sports betting, one bet at a time!
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14/ βwen? Our sportsbook will be live on zkSync and Arbitrum shortly after our confirmation-less casino https://t.co/CYGJjQqRhH
1/ π 1. Our confirmation-less gambling system is ready! While we wait for @zkSync native account abstraction in the upcoming zkSync Era, we've come up with a temporary yet innovative solution. Threadπ§΅
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13/ Tokenized positions can be made for anything as long as oracles are available, we will be able to offer any bets, such as the result of a political campaign.
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12/ Then we will be able to implement leveraged bets and liquidation mechanisms which are currently being developed by ZigZag Exchange.
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11/ As the platform matures and users become more involved in trading, the market will become highly efficient and self-sufficient, with odds reflecting the collective wisdom of the user base.
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10/ β‘οΈ Liquid: Initially, we'll bring on market-makers to provide liquidity, using tradfi's odds for anyone to take bets with. This ensures the smooth execution of even six-figure trades with minimal slippage, unlike other decentralized sportsbook exchanges.
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9/ π Simplified: Sports betting on our platform involves tokenized positions traded on a decentralized order book.
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