Bitnity.com - a community-driven gambling platform

[Daltonik]

Dev Update
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🚀 New Features
- Bitcoin is now shown in the wallet list (pending implementation).
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You say that bitcoin is now shown in the list of wallets, but after registration, I see only BTNTY and ETH available for deposit so far, I hope bitcoin will be there soon, too.

[coin-investor]

Ok I have two casino-based tokens in my portfolio and I'm looking at the potential of your token, there are many cons and pros to holding casino-based tokens, but as always I love its staking features, one of the things that will make me add this token to my portfolio is the community support and how they present their platform in the gambling community.
So I would like to advise hiring a good thread designer and if possible launching a marketing campaign, I hope you can keep up with 70% of your monthly profit to stalkers.

[tranthidung]

Ok I have two casino-based tokens in my portfolio and I'm looking at the potential of your token, there are many cons and pros to holding casino-based tokens, but as always I love its staking features, one of the things that will make me add this token to my portfolio is the community support and how they present their platform in the gambling community.

There are casinos with their tradeable tokens on exchanges but it is fair to not mention their names here. The idea to launch a token for Bitnity casino is great and it can be a good utility token for the casino.

So I would like to advise hiring a good thread designer and if possible launching a marketing campaign, I hope you can keep up with 70% of your monthly profit to stalkers.

After building products, having an attractive announcement thread with good graphic design is a plus, then further marketing. I read in the BTNY tokenomics that there are some rooms for marketing, promotion, airdrop, bonus so I am sure the team will launch a lot of things in future.

Designers and campaign managers can be found in my thread
[Overview] Bitcointalk Services from Bitcointalk Members

I recommend jayce and icalical for thread design and signature code design.

[crzy]

Good to see another community driven platform, and I'm currently looking for its advantage over its competitor especially with Moonbet.
Anyway, this site is still new and I'm excited to see another games to be introduce in this platform. Maybe having a bounty campaign can help this project be known, if there's a budget for marketing better to have  this one as well. Having your own token is a big help but don't expect every gamblers to use that token alone.

[dbshck]

We will be doing a 2 week test period approximately, then will launch ETH and BTC play/bankrolls.

Will players be able to use $BTNTY to play as well or it's just for staking?

Also from the Medium

Bankroll — 20%
Tokens from this wallet can be used to grow the bankroll. This means that a portion of the tokens will be used to increase the liquidity of the platform, which will make it more attractive to investors and players.

Does this mean that the 20% will be converted to BTC and ETH? How do you plan to incentivise the liquidity for $BTNTY pair? Right now there's only like $4k liquidity on the BTNTY/ETH Uniswap pool.

[TimeTeller]

Good to see another community driven platform, and I'm currently looking for its advantage over its competitor especially with Moonbet.
Anyway, this site is still new and I'm excited to see another games to be introduce in this platform. Maybe having a bounty campaign can help this project be known, if there's a budget for marketing better to have  this one as well. Having your own token is a big help but don't expect every gamblers to use that token alone.

new to community based gambling and how it works, but it looks like it is necessary to have a signature campaign on this forum to entice forum users to test and play at this casino, at least maybe it will bring some additional traffic to the casino 

They can pay their tokens for the promotion, as it will attract some players to join their marketing campaign.
I have seen such situation before with Betfury when they were just starting, they paid BFG tokens to their participants.
And look at where they are now, they progressed a lot throughout these years. They can have such path as well depending on how this site is being handled.
But being a community-driven platform, this will be more challenging as the developments are also relying on their regular users, how they will keep using
the site to maintain its operations and how they are utilizing the casino token to its full potential.

[Haunebu]

Interesting. I don't think your team will be able to tempt many gamblers through your site since this concept is risky in the long-term. Very few sites became successful using this concept in the crypto world based on what I observed.

Your site itself looks great, but a FAQ section needs to be added at the bottom for obvious reasons. All the best!

[SirLancelot]

Ok I have two casino-based tokens in my portfolio and I'm looking at the potential of your token, there are many cons and pros to holding casino-based tokens, but as always I love its staking features, one of the things that will make me add this token to my portfolio is the community support and how they present their platform in the gambling community.
So I would like to advise hiring a good thread designer and if possible launching a marketing campaign, I hope you can keep up with 70% of your monthly profit to stalkers.

Not sure if you already saw the issue about staking. It is said that SEC is after it. I think for our safety it will be better to avoid them for a while until the issue subsided or have been cleared out that staking is allowed again. The are still other community-driven casinos out there which you can invest in their bankroll but has no staking features. Casinos like bitvest and cryptogames for example.

It is said that the casino is still in testing phase so I don't think they will do a marketing campaign now but maybe soon once testing has been completed. It would be better if they can also add more games because dice is now pretty common these days. Dice games are only good if they are one of the early crypto casino.

[Hispo]

Interesting. I don't think your team will be able to tempt many gamblers through your site since this concept is risky in the long-term. Very few sites became successful using this concept in the crypto world based on what I observed.

Your site itself looks great, but a FAQ section needs to be added at the bottom for obvious reasons. All the best!

It may work good enough for those who have no intention to provide liquidity or bankroll but only try this casino as if was any other traditional online casino. Nonetheless, the competence in this market is huge.

I noticed that their profit calculator goes down to 50k$ for house wins, which in my opinion is too high for a casino that is relatively unknown, even if they wanted to create advertisement campaigns, how would that work?

Where would the money to make this service more well-known come from?, from the administrators or stakers?

[bitnity]

We will be doing a 2 week test period approximately, then will launch ETH and BTC play/bankrolls.

Will players be able to use $BTNTY to play as well or it's just for staking?

Also from the Medium

Bankroll — 20%
Tokens from this wallet can be used to grow the bankroll. This means that a portion of the tokens will be used to increase the liquidity of the platform, which will make it more attractive to investors and players.

Does this mean that the 20% will be converted to BTC and ETH? How do you plan to incentivise the liquidity for $BTNTY pair? Right now there's only like $4k liquidity on the BTNTY/ETH Uniswap pool.

Thank you for your questions.

1. $BTNTY can be used only for staking. The first 2 cryptos that will be eligible for playing are ETH and BTC

2. We are putting bankroll out of our own pockets and won't touch the bankroll wallet for some time.


Additionally we have removed the USD value from Play Token to avoid any confusion. To clarify: Play Token is solely used for testing purposes if somebody wants to try the game without depositing anything.

[dbshck]

2. We are putting bankroll out of our own pockets and won't touch the bankroll wallet for some time.

Thanks for the answer. If that's the case, shouldn't you put some of these allocations into a lockup? Maybe the team, bankroll, and advisors allocation? This will increase your potential token holder's trust, in my opinion.

[worldofcoins]

Hi, welcome to the forum. I have just checked your site. The site is simple and attractive, also your offers. However, please add more currency options shortly. Also, add new games collection on your site. Also, please share your KYC policy as well (If you have any)

[CryptSafe]

Hi, welcome to the forum. I have just checked your site. The site is simple and attractive, also your offers. However, please add more currency options shortly. Also, add new games collection on your site. Also, please share your KYC policy as well (If you have any)

Yes mate this aspect I think is one of the issues that seems to be lingering on this platform between members and casinos here. It seems casinos are now using this as a bait to get members to register in getting onboard there platform which they know too well members of this platform do not like the Idea of kyc  hence they do away with casinos that requires kyc before getting registered. The idea of no kyc attracts members so much and casinos are now taking advantage of it to lure members into their traps after that, when you play and win more than they could expect, they tag your account with claims of you defaulting the casino policy there the issues begins and your funds are gone. It would be nice casino comes up plain by letting their members know the certain level of withdrawal limit that requires kyc before funds would be released to the gambler or bettor. I think this would help very much.

[AmoreJaz]

Hi, welcome to the forum. I have just checked your site. The site is simple and attractive, also your offers. However, please add more currency options shortly. Also, add new games collection on your site. Also, please share your KYC policy as well (If you have any)

for now, as they have no license yet, they won't ask KYC from its customers. but as they progress their business and maybe years from now, they will acquire their gambling license, certainly, you can expect that they may require KYC from its clients. but for the moment, you can also read their ToS on their site if you have qualms on other matters. they are adding classic casino games but to be unique, they should add a different game.

[Haunebu]

I noticed that their profit calculator goes down to 50k$ for house wins, which in my opinion is too high for a casino that is relatively unknown, even if they wanted to create advertisement campaigns, how would that work?

Where would the money to make this service more well-known come from?, from the administrators or stakers?

It could be their own money though it's tough to tell. They are taking a huge gambler whatever the case and the chances of it working out successfully aren't high as I mentioned in my previous post.

The crypto gambling market is getting saturated making it tougher and tougher for new sites like this one to take off successfully.

[acroman08]

You say that bitcoin is now shown in the list of wallets, but after registration, I see only BTNTY and ETH available for deposit so far, I hope bitcoin will be there soon, too.

-snip

I am not surprised, as you can see the OP says "pending implementation", so deposit using bitcoin is not yet implemented.

1. $BTNTY can be used only for staking. The first 2 cryptos that will be eligible for playing are ETH and BTC

do you have an ETA as to when deposit using bitcoin will be implemented? it seems that there are members that are waiting for it to be implemented.

[Solosanz]

Hi, welcome to the forum. I have just checked your site. The site is simple and attractive, also your offers. However, please add more currency options shortly. Also, add new games collection on your site. Also, please share your KYC policy as well (If you have any)

for now, as they have no license yet, they won't ask KYC from its customers.

Wrong, they currently have mandatory KYC rule even though they're an unlicensed casino. You may say it's only for suspicious transactions, I never done any suspicious activity, so I have zero chance to get asked to submit KYC. It's really a wrong thought because many casinos especially small casinos will ask to submit KYC when you win big amount money. Unlicensed casino doesn't always mean it's a zero KYC casino.

3.13. The site reserves the right to request verification in case of suspicious or fraudulent transactions.

[joeperry]

Thank you for your message! Absolutely! Both BTC and ETH play is planned and will be implemented. For the rest of this month, we are doing beta testing with PTKN (playmoney token), after that we are enabling the possibility to play with crypto.

That's good to hear, does anyone here already tried it? Maybe it's a good to test it with that playmoney token in order to get initial feedback or to see if there's a problem or bugs in the game. Maybe you could let us try it without singing up first so everybody can test it right away and leave feedback once they find something unusual?

3.13. The site reserves the right to request verification in case of suspicious or fraudulent transactions.

I'm actually curious too about this one, how does the casino would be able to detect fraudulent transactions? Is it something like, a user deposit and then withdraw without playing? thus will result into laundering? or there's a way to detect a suspicious or tainted (stolen) coins?

[Plaguedeath]

3.13. The site reserves the right to request verification in case of suspicious or fraudulent transactions.

I'm actually curious too about this one, how does the casino would be able to detect fraudulent transactions? Is it something like, a user deposit and then withdraw without playing? thus will result into laundering? or there's a way to detect a suspicious or tainted (stolen) coins?

If the casino is hire a blockchain analysis e.g. chainalysis, they can give you a report which address is suspicious since it's came from a high illicit funds. If someone is use the casino to deposit and immediately withdraw the money without playing, it's a red flag and I believe every casinos will confiscate your funds.

I don't think they will give a specific answer because it just tell how they judge a suspicious transactions, a criminal will take this advantage to avoid their account get trigger warning.

[Daltonik]

Thank you for your message! Absolutely! Both BTC and ETH play is planned and will be implemented. For the rest of this month, we are doing beta testing with PTKN (playmoney token), after that we are enabling the possibility to play with crypto.

It's good that there is an opportunity to get 100,000 PTKN tokens during registration that can be used to test Dice game on your platform, so those who wish can try it out now, I just saw it just now, I thought there was just a minimum test amount, so after registration I did not change the amount of bets.