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BetKing Relaunch
BetKing is back on
September 4th with
highly anticipated new and improved software.
About BetKingBetKing opened in April 2013 and by the end of 2014 quickly became the most popular crowdfunded Bitcoin casino.
From 2015 BetKing had the most wagered volume of all crowdfunded gambling sites, 400,000 Bitcoin, almost more than all competitors combined!
With a 6000 Bitcoin crowdfunded bankroll BetKing was the most trusted dice site with the highest betting limits. All 6000 Bitcoin were returned to investors when we closed in December 2016.
What's new?
The new platform will offer new updated provably fair casino games such as Blackjack and Roulette as well as all your favorites.
We will support multiple cryptocurrencies including Ethereum and Litecoin betting.
We will also allow casino websites and app owners to integrate with our platform. We'll take care of user accounts and betting and let casinos develop their own unique games and promos while not having to worry about bankroll funds or security issues.
Soon after launch we will add sports betting, more casino games, poker games and tournaments and native mobile apps.
We also have some unique new games and social features that will be announced next month that players will be able to try on the
beta site.
Why join the ICO?BetKing made a profit of almost 7400 Bitcoin in a little over two years!
This was with one simple game and minimal marketing.
We will be launching and marketing brand new exciting games and services.
We have a list of 3rd party partners already interested in integrating with our new platform.
BetKing Bankroll Token Crowdsale
Distribution100,000,000 BetKing Bankroll Tokens will be created as Ethereum ERC23 tokens and issued after the crowdsale ends.
70 million will be available for sale to crowdsale participants.
30 million will be retained by BetKing for ICO bounties, testing bounties, advisors, hiring, future marketing and development.
BetKing Bankroll Tokens can be purchased with Bitcoin, Ethereum, Litecoin and Dash.All funds will be held in cold storage.
Use of funds raisedAfter the crowdsale at least 50% of the funds raised will be used for the house bankroll that players bet against and winnings are paid from.The remaining funds will be used for marketing, promos, seo, design, development, server costs and legal.
Profit DistributionA percentage of the profit made from bankrolled games will be used to buy back BetKing Bankroll tokens from holders.All profit made on bankrolled games will be audited and made available to token holders as was done in the past with the crowdfunded bankroll profits.
Bankrolled games are games where a player plays against the house such as dice, blackjack and other casino games as well as 3rd party partner casino games.Player vs. player games such as poker are not.
Early Discounts- 1st week 15%
- 2nd week 10%
- 3rd week 5%
- 4th week no discount
An extra 5% discount will be available for previous BetKing bankroll providers regardless of what week they buy.
Pre-saleYou can purchase tokens with a 25% discount in our pre-sale up until the 17th of July 12am UTC.
The pre-sale has a cap of 1000 Bitcoin. Email
admin@betking.io if you would like to participate.
Pre-sale participants are not eligible for the 5% extra discount for being a previous BetKing bankroll provider.
Token PriceThe total funds raised will determine the price per BetKing Bankroll token.We will take the total value of all funds at the current exchange rate at the end of the crowdsale to determine the total raised funds.E.g. If we raised $1,000,000 then the price per token would be $0.014 (1,000,000 / 70,000,000).
The buy back price offered by BetKing will be based on the current total bankroll profit.So for example if the price of the token at the end of the crowdsale was $0.014 and the bankroll profit was $1,000,000 then the buy back price would be $0.024 (1,000,000/100,000,000 + 0.014).
Every quarter BetKing will offer to buy back up to 10% of a holders tokens at the current buy back price.
Token holders may choose to sell offsite to 3rd parties or on any exchanges that may list BetKing Bankroll Tokens if they require more liquidity.
TermsThe crowdsale will start on the 7th of August (00:00 UTC) and end on the 4th of September (00:00 UTC).
There is no cap on the total funds that can be raised.
There is no minimum amount needed to be raised for the crowdsale to be successful.
BetKing Bankroll Tokens are intended to be used to invest in the bankroll on BetKing only.
BetKing Bankroll Tokens are not a share in a company and have no voting rights.
Bounty programJoin our bounty campaign and help us spread word about the BetKing ICO. You will be rewarded in BetKing Bankroll Tokens.
We will reward 1,000,000 (1%) of the total BetKing Bankroll Tokens to bounty participants.
To earn BKB tokens you first need to sign up to our bounty program at
https://bounty.betking.io with your email address. Your tokens will be credited to that account when the ICO ends.
After signing up start spreading BetKing ICO information via one of the methods below.
Each task will earn you bounty stakes. Once the ICO has ended the 1,000,000 BetKing Bankroll Tokens will be distributed proportionally to stakes in each of the following categories.
- Bitcointalk Signature Campaign (35%)
- Twitter reposts (20%)
- Bitcointalk translation threads (15%)
- Bug Bounties (15%)
- Blog articles (15%)
Bitcointalk Signature CampaignTo join the signature campaign you must rank Jr. Member or higher. Signup to
https://bounty.betking.io and enter your Bitcointalk username and Account Id. Set your signature and avatar (optional) to the one shown on that page.
Rules:- You must write at least 15 constructive posts per week.
- You must post at least 1 time in the ANN thread each week.
- You cannot change your signature during the campaign. Doing so will see you disqualified.
- You need to complete at least 3 full weeks before the ICO ends to earn tokens.
- If you do not post the minimum of 15 posts per week two weeks in a row you will be disqualified.
- If your rank increases during a week we will count the rank at the start of the week.
- Spammers and multi accounters will be banned from the campaign.
- You won't earn tokens with just an avatar, it's a bonus on top of signature.
- You cannot participate if you have negative trust. If you receive negative trust during the campaign you will be disqualified and receive no tokens.
- BetKing has the right to disqualify any participant if we feel your posts are mostly spam or non constructive.
- Posts in the following forums do not count: Games and Rounds, Off-Topic, Archival, Auctions, Lending, Politics, Beginners Help, Investor based games, Press or any tipster based threads.
- Week starts at 12am UTC and ends Sunday 23:59 UTC
- The latest you can join a week is Friday 23:59 UTC. Any posts you do if you join after that will not be counted until Monday
- Stakes are earned weekly
Stakes:- Legendary/Hero - 20 Stakes
- Sr./Full - 15 Stakes
- Member - 10 Stakes
- Jr. Member - 5 Stakes
- Avatar - +5 Stakes
Twitter RepostsSignup to
https://bounty.betking.io and connect your Twitter account.
You must retweet our official
@BetKingIO account tweets marked with the hashtag
#ICOBetKing within 5 days of the original tweet date. Retweets must not be deleted before the ICO end on 4th September. Each retweet will earn you stakes based on your follower count. Your account must be at least 4 months old and have at least 10 followers. Only retweets of our official account marked with
#ICOBetKing will count. Your follower count is fixed at signup time.
Stakes:- 29 followers and less - 1 Stake
- From 30 to 99 followers - 10 Stakes
- From 100 to 249 followers - 25 Stakes
- From 250 to 999 followers - 60 Stakes
- From 1000 to 9999 followers - 120 Stakes
- 10000 followers and more - 250 Stakes
Bitcointalk Translation ThreadsTo apply for translation bounties post in the ANN thread the language you wish to translate to and include a link to previous ICO's that you have translated. BetKing will pm you on BitcoinTalk to confirm if you will be picked for translation.
Each translated ANN thread will receive 60 stakes and 5 stakes per page in the thread.
Google translate will not count. Posting "reserved" does not guarantee you a translation bounty. If it is discovered that your translation has errors you will receive nothing. You must moderate the translated threads by answering posters questions.
Bug BountiesIf you report a bug on the test website you can earn tokens.
Depending on the severity of the bug reported we will rank your report to determine your stakes. You can report via email (
admin@betking.io), github (
https://github.com/BetKingIO/BetKing-issue-tracker) or post on the main thread (
https://bitcointalk.org/index.php?topic=1842538.0).
Stakes:- Small UI or non security related bugs - 10 Stakes
- Major bugs in major features - 35 Stakes
- Security critical bugs (the type where you can access accounts or steal funds) - 100 Stakes
Note that your bug report may not be awarded stakes if it has already been reported or it is very low quality to make any difference to player experience.
Blog ArticlesIf you have a personal website, social page or blog you can earn tokens by writing articles about the BetKing ICO You can post in any language. Article must be at least 1000 words and contain two links to
http://betking.io.
Depending on the website, content and audience reached we will rank your post to determine you stakes. Send a link of the article to
admin@betking.io.
Stakes:- Standard - 10 Stakes
- Good - 25 Stakes
- Excellent - 90 Stakes
Bounty PaymentAt the end of the ICO you will see your final stakes and tokens on your account on
https://bounty.betking.io where you can then withdraw to an Ethereum address. We will update your account page often to show your current stakes earned.
