The fully audited CasinoFi platform Insanity Bets is turning casino gamers into the house by offering multiple avenues to earn a passive income on the platform.
Gamers can earn a passive income by owning the $IBET token, which provides a revenue share from trading fees, or investing in the $ILP index, allowing holders to receive 90% of the wins and losses from players’ bets.
Furthermore, Insanity Bets incorporates token burning, has a developer plug-and-play interface, and is fully audited by the top security firms in the industry.
Its presale went live this week, providing the perfect entry opportunity as an early adopter.
Insanity Bets is giving CasinoFi a new meaning by allowing its players to become the house and earn a real yield through the platform’s revenues.
Described as the pinnacle of decentralized casino gaming, Insanity Bets is a non-custodial decentralized crypto-based casino platform where gamification is central to its operations.
The newly launched casino intends to compete with industry giants by offering a professional-grade gaming experience and generating revenue for token holders.
SOLIDproof and Cyberscope, two of the sector’s most recognizable security firms, have fully audited the casino.
The platform also provides proof of fairness as all games utilize the Chainlink VFR RNG.
Insanity Bets offers all its players the opportunity to become the house by minting $ILP using $USDT to receive 90% of all the wins and losses from player bets on the platform.
$ILP is an index fund and a liquidity pool that serves as the house funds for platform winners and losers. The tokens in the index are $USDT, $ETH, $WBTC, and $IBET. Users can cash out of the liquidity pool at any time by burning the $ILP and
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