Banking On ICONbet: The Casino Of The 21st Century

[kryptoskrimp3030]

ICONbet is a DAO Casino DAPP in the Icon/ICX platform, in fact it is the first and only DAO Casino in the ICX platform. At the moment there's currently two games on the site, DAO-Roulette and DAO-Dice. With a Third game (DAO-Blackjack) slated to come this month or early March, That game is currently done, it just needs the approval of the icon team at the moment. The way it works is players bet ICX (stored from their iconex wallet) and in exchange they get TAP Tokens (these are the tokens created for the Iconbet gambling platform). Think of them as Poker chips or Wink tokens except you don't need to freeze these tokens to get your dividends, Everyone that owns tap is also a Casino Owner! There's a total of 1million TAP that is mined everyday (out of 298 Million TAP to be released/mined), We are currently at 202 days active. The top wagers eventually getting the most tap that day, and therefore will make the most ICX dividends from that day's mined TAP. You make ICX dividends based on your TAP percentage ownership in comparison to the daily excess, the breakdown of the Amount of TAP  you receive based on the excess go like: 70% to the players/20% to the founders/ the last 10% is divided amongst the players in the wager war (top 10 ICX wagerers).

My ICX Rewards ​= (0.8 - Wager War) x Treasury Excess x My TAP / mined TAP

TAP Token Mining Payout =  (Individual Player’s Betting Volume / Total Betting Volume)
x 1,000,000

Wager War = 10% of Current Treasury Excess will be sent to top 10 players divided like below:

1st: 25%
2nd: 20%
3rd: 15%
4th: 10%
5th: 10%
6th: 6%
7th: 6%
8th: 3%
9th: 3%
10th 2%


Since January 2020, The average daily dividends for owning one million TAP from ICONbet is 64.59 ICX. One would have to stake an equivalent of 149.269 ICX to get the same results. We have an active and very helpful community on Telegram (t.me/iconbet_official). Since the platform's inception we have been number one in transaction in the ICX blockchain, We are also a P-Rep and i believe we have one of the best active/useful DAPPs in the ICON blockchain. Iconbet is currently a P-rep (The P-rep name for voting is ICONbet community), and we're already number 27 in the P-Rep rankings with 2, 261, 840 votes after only a month as a P-Rep and still climbing!

These are some Medium articles on how the ICONbet algorithm works for Roulette


The ICONbet Twitter is https://twitter.com/ICONbetofficial





https://medium.com/helloiconworld/banking-on-iconbet-the-casino-of-the-21st-century-df15a2c8f98d

https://medium.com/@iconographicx/whats-the-value-of-iconbet-s-tap-token-f2ce65913667

https://medium.com/iconosphere/the-iconbet-dapp-randomization-function-and-verifiability-7f601c3ccbcd

https://medium.com/@icxstation/icx-station-announces-support-for-iconbet-5701bfdc8f58



Interview With Ubik-Capital and one of the members of our P-Rep team
https://www.youtube.com/watch?v=4RiS-ySp_1E





ICONbet is a DAO(decentralized autonomous organization) Casino DAPP in the ICON/ICX platform, in fact it is the first and only DAO Casino in the ICX platform! At the moment there's currently two games on the site, DAO-Roulette and DAO-Dice. With a Third game (DAO-Blackjack) slated to come this month or early March, DAO-Blackjack is currently created as of now it just needs the approval of the icon team at the moment. The way it works is that players bet ICX (stored from their iconex wallet). In order to bet one you to go to Iconbet.io and once there, sign in with their ICONex wallet to chrome, then put your bet in. In exchange they get TAP Tokens (these are the tokens created for the Iconbet gambling platform)  Think of them as Poker chips or Wink tokens except you don't need to freeze these tokens to get your dividends, Everyone that owns tap is also a Casino Owner! .






An amount of 1million TAP is mined everyday (out of a total 288 Million TAP yet to be released/mined), We are currently at 212 days active. With The top wagers eventually getting the most tap that day, and therefore will make the most ICX dividends from that day's mined TAP. The players make ICX dividends based on their TAP percentage ownership in comparison to the daily excess, the breakdown of the Amount of TAP  you receive based on the excess go like: 70% to the players/20% to the founders/ the last 10% is divided amongst the players in the wager war (top 10 ICX wagerers).

My ICX Rewards ​= (0.8 - Wager War) x Treasury Excess x My TAP / mined TAP

TAP Token Mining Payout =  (Individual Player’s Betting Volume / Total Betting Volume)
x 1,000,000

Wager War = 10% of Current Treasury Excess will be sent to top 10 players divided like below:

1st: 25%
2nd: 20%
3rd: 15%
4th: 10%
5th: 10%
6th: 6%
7th: 6%
8th: 3%
9th: 3%
10th 2%


Since January 2020, The average daily dividends for owning one million TAP from ICONbet is 75.33 ICX. One would have to stake an equivalent of 149.269 ICX to get the same results. We have an active and very helpful community on Telegram (t.me/iconbet_official). Since the platform's inception we have been number one in transaction in the ICX blockchain, We are also a P-Rep and i believe we have one of the best active/useful DAPPs in the ICON blockchain.


Iconbet is currently a P-rep (The P-rep name for voting is ICONbet community), and we're already number 34 in the P-Rep rankings with 1,047,309 votes after less than a month as a P-Rep and still climbing! These last two months have been a big leap in our growth, we have a few partnerships and made several strides.


The ICONbet Twitter is: https://twitter.com/ICONbetofficial

The Telegram is: https://t.me/iconbet_official (you can ask any questions or concerns here. Everyone is willing to help and there's always people around to talk to or share thoughts/ideas)

The Iconbet site is: https://ICONbet.io/

These are some Medium articles on ICONbet:

A technical Explanation of how randomization of roulette works on DAO-Roulette
https://medium.com/iconosphere/the-iconbet-dapp-randomization-function-and-verifiability-7f601c3ccbcd


An article talking about how ICONbet contributes to the ICON Ecosystem and most of the recent history of the dapp
https://medium.com/helloiconworld/banking-on-iconbet-the-casino-of-the-21st-century-df15a2c8f98d


An article discussing what could be the possible value of owning TAP
https://medium.com/@iconographicx/whats-the-value-of-iconbet-s-tap-token-f2ce65913667

We just got in partnership with ICX Station this month
https://medium.com/@icxstation/icx-station-announces-support-for-iconbet-5701bfdc8f58



Interview With Ubik-Capital and one of the members of our P-Rep team
https://www.youtube.com/watch?v=4RiS-ySp_1E

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[kryptoskrimp3030]

Some visuals of the site/games. I'll be posting images when i get the chance as well

https://www.youtube.com/watch?v=7sTEvyBs7fQ&t=14s

https://www.youtube.com/watch?v=opejb6K7bIw

[lilant56]

Iconbet is the truth! I was hesitant at first because it was a big risk to take with a new platform just starting off. I came across IB through word of mouth on like day 20. Started with what iCX I already had and put in about 4k fiat to mine "tap"

I must say in a bear market I've established a pretty great position in which i see daily dividends equating any where from 80 to 130 dollars. Not shabby at all. I gained most through dao"lette the first game established on the network . Next came dao"dice" in which my divs then doubled. Theres a few more games in the pipeline that I eagerly await to drop. Hopefully my divs follow the same pattern as before.

The DAO concept is great, owning part of a casino has opened my eyes to a TRUE source of passive income.

[lilant56]

Are you invested in the platform or just real good at researching platforms such as Iconbet?

Some visuals of the site/games. I'll be posting images when i get the chance as well

https://www.youtube.com/watch?v=7sTEvyBs7fQ&t=14s

https://www.youtube.com/watch?v=opejb6K7bIw

[BriskBrisk]

I find ICONbet has come along way from when it started and it's tokenomics are great without all the dilution your get on the other platforms so it's definitely worth checking out, even if you start now there is
a lot of time to build up your percentage as a TAP holder.

[Twinkledoe]

Iconbet is the truth! I was hesitant at first because it was a big risk to take with a new platform just starting off. I came across IB through word of mouth on like day 20. Started with what iCX I already had and put in about 4k fiat to mine "tap"

I must say in a bear market I've established a pretty great position in which i see daily dividends equating any where from 80 to 130 dollars. Not shabby at all. I gained most through dao"lette the first game established on the network . Next came dao"dice" in which my divs then doubled. Theres a few more games in the pipeline that I eagerly await to drop. Hopefully my divs follow the same pattern as before.

The DAO concept is great, owning part of a casino has opened my eyes to a TRUE source of passive income.

I hope your feedback is authentic and not just promoting this site. Maybe let's wait for more higher rank members to attest this good review. Sometimes, I don't want to believe passive income anymore. Usually, it is only good at the start but later on, you can hardly receive any dividends. So you don't know if you will get your initial investments back.

[Rokds23]

I can attest that the claims are true. I don't want to spazz and sound like a commercial, so I'll just share some screenshots of my personal dividends. I have pictures for days btw lol. I'm also including the dividends for the month of Jan and Feb for those who hold a million TAP

I also want to add I've been getting $100 USD on average daily this whole month. Yup, over $2900 USD of passive income. Check out their official twitter (https://twitter.com/ICONbetofficial) and telegram channel (https://t.me/iconbet_official) if you have any questions

https://imgur.com/CV9FDoQ

https://imgur.com/HVTPRLr

https://imgur.com/NMo1gux

https://imgur.com/zvMwclC

https://imgur.com/HFSynog

https://imgur.com/lrpwGm7

[plast555]

Casino dapp in the Icon blockchain it has become a trend now launching casino dapp on every faster blockchain first EOS, then Tron, WAX and the list goes on now. What is the advantage of using ICONbet over other players gambling space is filled with hundreds of casinos everyone having dice and most of them with roulette.?

Your aim is to attract only the ICON community to your platform.? because other communities already playing in other casinos and your site looks very normal no wow factor in my view.

You have posted some part of your content twice don't you aware of that.?

[ANDROID KING]

  For me yes the daily dividends are very important and still being a new blockchain casino in comparison to the others mentioned above everyone still has a chance to be an owner ... WHO DOESNT WANT TO OWN A PIECE OF A CASINO !!!!!!  After joining the ICONBET Official telegram group i knew that this is going to become something special. No matter what time of the day it is 24/7 if a new member has a question someone will be there to answer from the community ... If you are reading this come check it out you wont be disappointed

[Timelord2067]

Might be just my imagination but five of the first eight posters have activity less than ten - Archive [1a], [1b]

• the op kryptoskrimp3030 was created on the 20th Feb 2020,
• lilant56 activity 2 was created 20/Nov/2017 and wouldn't you just know it - 2/28/2020 2:03:44 AM (GMT)   woke up - some twelve hours before BriskBrisk was created.
• BriskBrisk - Date Registered:    28 February 2020, 23:25:52
• ANDROID KING registered today ( 1st March 2020),
• Rokds23 created 13 Dec 2019

All five UID's first posts are in this thread. Kind of sad really.

[kryptoskrimp3030]

Are you invested in the platform or just real good at researching platforms such as Iconbet?

Iconbet is the truth! I was hesitant at first because it was a big risk to take with a new platform just starting off. I came across IB through word of mouth on like day 20. Started with what iCX I already had and put in about 4k fiat to mine "tap"

I must say in a bear market I've established a pretty great position in which i see daily dividends equating any where from 80 to 130 dollars. Not shabby at all. I gained most through dao"lette the first game established on the network . Next came dao"dice" in which my divs then doubled. Theres a few more games in the pipeline that I eagerly await to drop. Hopefully my divs follow the same pattern as before.

The DAO concept is great, owning part of a casino has opened my eyes to a TRUE source of passive income.

I think I got lucky with this one. The founders are transparent, the telegram community is very active and supportive, there's a lot of resourceful members in there and they work together when there's time to vote on anything. And I like the idea of when you gamble or mine you also become a part owner, Like owning shares in a stock/company.

 I've already had a return on my investment, while still collecting daily dividends. Can't wait until blackjack comes. Myself I put in about 2,500usd I tripled this investment, maybe a little more than that. The chat has a lot of good thinking individuals, Min kim also likes the dapp and has commented on it a couple of times.

I thought my dividends with wink were good but once I become familiar with Iconbet I realized the dividends there were good and has more room for growth. I also like that I don't have to freeze or stake the TAP token to receive the dividends. Everything is quick and easy when it comes to that

[Timelord2067]

Archived for future reference: [1a], [1b]

I think I got lucky with this one. The founders are transparent, ...

I thought *you* were the founder?  Did you forget which alt you were logged in as just now? - 

[kryptoskrimp3030]

Casino dapp in the Icon blockchain it has become a trend now launching casino dapp on every faster blockchain first EOS, then Tron, WAX and the list goes on now. What is the advantage of using ICONbet over other players gambling space is filled with hundreds of casinos everyone having dice and most of them with roulette.?

Your aim is to attract only the ICON community to your platform.? because other communities already playing in other casinos and your site looks very normal no wow factor in my view.

You have posted some part of your content twice don't you aware of that.?

Just tryna let others know about a good opportunity since this is the gambling section I posted it here. What's to stop them from playing in a casino that's doing something different? The same can be said about most business/apps/sites. But yea you would be correct I posted the same article in the altcoin section, I was told that there's a gambling section so that made more sense. I was going to delete the other one, but since I made it already maybe a curious member will be interested there as well.

[lilant56]

I'm not the type that typically make posts or leave reviews as I'm quite antisocial. I'm not promoting I'm just sharing my experience. I'm fairly skeptical of this blockchain space, mostly because I dont completely understand it. I gained enough knowledge to learn how to purchase bitcoin and ethereum. By friends I was told about casino dapps on TRON and EOS in which I looked hard at and wanting to get into because my eyes always get big and my ears open wide when i hear the term PASSIVE income. I never joined because I didnt quite understand how to get started. When I heard about IB I gave it a look thinking it would be the same rigamaroo but it there was a page (with pictures for the slow people in the world like me) explaining all that I needed to do to get set up.

I dont know what future is for IB, for all I know it may be extinct in two years but for me it has restored some of my faith in cryptocurrencies........for the time being anyway.

Iconbet is the truth! I was hesitant at first because it was a big risk to take with a new platform just starting off. I came across IB through word of mouth on like day 20. Started with what iCX I already had and put in about 4k fiat to mine "tap"

I must say in a bear market I've established a pretty great position in which i see daily dividends equating any where from 80 to 130 dollars. Not shabby at all. I gained most through dao"lette the first game established on the network . Next came dao"dice" in which my divs then doubled. Theres a few more games in the pipeline that I eagerly await to drop. Hopefully my divs follow the same pattern as before.

The DAO concept is great, owning part of a casino has opened my eyes to a TRUE source of passive income.

I hope your feedback is authentic and not just promoting this site. Maybe let's wait for more higher rank members to attest this good review. Sometimes, I don't want to believe passive income anymore. Usually, it is only good at the start but later on, you can hardly receive any dividends. So you don't know if you will get your initial investments back.