Decentralized Betting Platform LunaFi to Launch First-Ever Gamified IDO – CoinCheckup Weblog



Key takeaways:

  • LunaFi has introduced the first-ever gamified Preliminary DEX Providing (IDO)
  • Gamers will be capable of take part within the LunaFi IDO Crash sport and wager on the sport’s end result to earn LFI rewards
  • LunaFi is a decentralized betting protocol, which unites gamers, liquidity suppliers, and builders in an LFI-powered ecosystem

LunaFi IDO Crash sport gamers can rating LFI awards

LunaFi, a decentralized betting protocol that enables gamers to earn a share of home earnings, has introduced a betting-inspired Preliminary DEX Providing (IDO) that options thrilling and probably profitable gamification parts.

The LunaFi Crash blockchain-powered sport lets gamers earn crypto rewards with a twist. The premise of the sport is fairly easy. The LunaFi rocket is the star of the present and continuously goes up, earlier than it randomly crashes. That is the place the enjoyable component is available in. Gamers can wager their ETH holdings to try to predict when the rocket will crash. If they’re appropriate, they are going to obtain LFI on the token era occasion (TGE). Nevertheless, if their guess seems to be mistaken, they might want to strive once more. The makes use of good contracts, which ensures that the underlying mechanics are in all probability honest.

The LunaFi workforce goals to boost $500,000 within the first, week-long section of the sport, throughout which gamers can deposit ETH to take part within the IDO. The section is slated to begin on April 1. On the similar time, the workforce will launch a traditional personal slate on (BSC) and on Polygon. IDO individuals could have time till April fifteenth to say their funds. On the identical day, LFI staking will go dwell.

After the liquidity deploys to Quickswap and the preliminary token distribution concludes, the second section of the LunaFi Crash sport will begin. Throughout this section, gamers will be capable of use ETH-LFI LP tokens to attain LFT at discounted charges.

 LunaFi CEO George Porchester commented on the corporate’s gaming-inspired IDO:

“We thought it will be enjoyable to have our very personal gamified IDO. No higher technique to showcase our platform proper from the beginning. The LunaFi Crash sport is the primary Proof of Idea of how we are able to revolutionize playing with crypto, however there will likely be extra.”

LunaFi was created by a workforce of blockchain lovers with an in depth background within the playing trade. The decentralized betting platform not solely permits gamers to put bets on sports activities occasions, but in addition offers customers the power to earn yield farming rewards and earn a share of the revenues generated by the platform. The LunaFi ecosystem is underpinned by the LFI token, which grants its holders governance rights and the power to spice up their crypto earnings.