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Author Topic: [ANN][PK 365] 🔥 PK is a fully decentralized sports betting platform 🔥  (Read 109 times)
kabootle (OP)
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October 10, 2022, 04:26:54 AM
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PK 365 PK365 is a binary betting platform developed based on blockchain technology
                                                                   Support your team, and win big!🚀🚀🚀

  What is the difference between PK365 and traditional gaming platforms?
a. PK365 runs entirely on the blockchain, and features decentralization and no custody of
funds, so that the safety of players' funds is guaranteed.
b. PK365 automatically generates the odds based on the bets placed by players into the
betting pool.
c. The agency’s commission/bonus earned from PK365 referral program is unlimited, instantly
credited to the agency’s account and can be withdrawn at any time.
d. The payout on any bet in PK365 can be credited to the account immediately and can be
withdrawn at any time

 What is the difference between PK365 and other on-chain betting platforms?
a. Most of the on-chain betting platforms actually manipulate the odds in a centralized way
and manage the asset of players. They use cryptocurrency only for settlement purposes,
which has higher operational and capital risks for players.
b. PK365 is a platform with agents as the core backbone. PK365 protocol automatically
allocates higher commission to agents (Agent Card holders), encouraging agents to
recommend more new players to the platform and help the protocol with more use cases.
c. The business model adopted by PK365 is "Prediction Markets", which is a betting method
that enables all the moves to take place on the blockchain. The operation process is very
simple. Players don't need to wait for the best odds, but just need to bet on the selections.
The odds are automatically determined at the final cut-off.

                                                        Betting Rules
                                                     Bet on the winner; Winner-take-all
                                                  For each game, there are three selections: Team A, Team B and No action. Players can place
                                                  a bet on any selection, and the winner will automatically receive all the bets placed on the
                                                  selections that are inconsistent with the outcome of the game

                                                         No action
                                                  This selection represents any other contingencies, including but not limited to:
                                                  - Cancellation of the game due to unforeseen circumstances
                                                  - The team is readjusted due to special reasons
                                                  (Postponing the game will not affect the betting in PK365, and the betting time will be
                                                  changed along with the readjusted opening time of the game.

The preparation before betting
PK 365 is built on Ethereum, and players need to make preparations before placing bets:
a. Ethereum wallet (Metamask recommended)
b. ETH tokens (ETH used as the transaction fee)
c. USDT tokens (USDT on Ethereum as the bet)

Funds Distribution
Cardano blockchain is one of the most sustainable 3rd generation blockchains with green energy vision. We also share the same values and fundamentals. We are building a system that allows interaction between creators and collectors.

Protocol earnings
-Agency Qualification Fee
-2% commission on each bet from the player who is without a referrer
-10% commission on the return on each winning bet from the player who is without a referrer
(For the player recommended by a referrer, the protocol only charges 2% of the payout)

Agency earnings
-1.5% commission on each bet from the referral player
- 8% commission on the return on each winning bet from the referral playe

                                                                       PK365 Referral program

Funds Distribution

 Why do we need an agent?
a. Less commission to be charged once the player uses the invitation link to enter PK365 and
place a bet.
2. Agents can help to expand the player base and the betting prize pool, so that the amount
of return on bets will be increased. PK365 relies on agents to search more players, helping
PK365 to maintain a long-term healthy operation, and at the same time, players can also have
the opportunity to obtain higher return

Adding referrers
Option 1. Click the invitation link to enter Pk365 and connect the wallet
Option 2: After entering Pk365 and connecting the wallet, please get into the profile page
and click the Add Referrer button.

Earnings withdrawal
When the referral player makes a bet, the betting commission will immediately go into the
agent's account. The agent can instantly withdraw the commission to his wallet by clicking
the Withdrawal button on the profile page. All of the above operations run on-chain, without
centralized fund custody, and are fast and secure.

Security
All of the funds are put in smart contracts audited by the security agency, and there is no any
fund custody by any centralized organization

                /LwOxTOBo5x]WEBSITE |TELEGRAM | TWITTER  
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