Bet
Win
The pinnacle of decentralized casino gaming, where every bet is an investment
InsanityBets is the first crypto casinofi platform that allows you to become the house, earning real yield. 85% of fees goes back to the community.
How
it workS
$IBET
Buy $IBET during our presale to open the door to a real yield utility token. There’s plenty of options to utilize your $IBET once it’s in your wallet.
$IBET
Stake or burn your $IBET to receive real yield from trading fees, ILP fees, and game winner fees. 35% of all fees to stakers, 50% of all fees to burners.
$ILP
Become the house by minting $ILP using $USDT (and more coming soon). Receive 90% of all the wins and losses from players’ bets.
Why GET INVOLVED?
With ground-breaking new DeFi and CasinoFi utility being unlocked we’re taking on the industry giants to generate real revenue for our community.
A Year Industry
Casinos and gambling generates $231 billion a year of revenue worldwide. $62 billion of that revenue is because of online games. Capturing just 5% means $3.1bn annual revenue for $IBET holders.
Think of InsanityBets as a whole new betting ecosystem. Developers will be able to create their own front-ends and games and plug-and-play into our suite of CasinoFi contracts. Increasing decentralization.
Our team have taken inspiration from GMX but we haven’t stopped there. We’ll be at the forefront of CasinoFi innovation, from multi and side bets, to thrilling unique games. But that’s not all… we have plenty left to surprise you with.
We’re Betting Big On
Innovation
Unlocks unchartered utility and innovative tokenomics. Our ecosystem will consist of $IBET, staked $IBET ($sIBET), escrowed $IBET ($esIBET) and burned $IBET ($bIBET).
InsanityBets allows you to become the house and counterparty to bettor’s bets. This means you receive 90% of all the profits and losses, but remember that the casino always wins…
For Apes
Think of InsanityBets as a whole new betting ecosystem. Our games will keep developing with the goal to make them the most engaging in the casino world. All provably fair using Chainlink VRF RNG.
We don’t want to limit our community to just our games. We plan to enable developers on all chains to plug into InsanityBets and develop their own games using our CasinoFi contracts.
INSANE TOKENOMICS
We want to reward stakers of all kinds, but especially larger stakers who believe in the long-term mission and value of $IBET and InsanityBets platforms.
The following tiers:
- help align both protocol and token holder’s objectives
- encourages high-rollers to BUY and stake large amount of $IBET for reduced fees
- reduce circulating supply
- increases participation in governance
ROADMAP
Frequently asked questions
We’ve set the initial launch price for our token at $0.0180. However, please understand that, like all financial markets, the price is influenced by real-time buying and selling activities. As a result, the token’s value may experience fluctuations shortly after launch. Always make informed decisions and consider market dynamics when evaluating our token’s price.
Trust but verify. We urge users to dive into our ‘provably fair’ section to witness our transparent fairness protocols firsthand. In short: Each game comes with the ability to check the Chainlink VRF hash Chainlink VRF is the best-in-class RNG Each game will be audited by a leading smart contract audit firm.
Yes, the smart contracts do have an option to mint more tokens. This is when the protocol is looking to expand to new chains and may need to provide liquidity provisions and incentives. However, once activated, this will be decided by a community vote via Snapshot.org. And to keep things above board, a 14-day timelock is in place before any alterations materialize.
Our presale has 15 stages, with the stage number and the number of tokens for sale in each stage available to view through your dashboard. Get involved now, because the IBET price is set to rise quickly!
Follow Our Socials
Pre-sale has started. Get involved now to get access to insane prices on $IBET
