Close

Introduction

Embark on an exhilarating journey into the universe of the $S8B token, presented by SmartBits b.v in partnership with Spilux Innovate, Proof Platform and Source Hat.

Our mission is to reshape the gambling industry with innovative GambleFi token based on Ethereum and Solana blockchain.

The incorporation on both networks brings about a new approach in industry as in the conventional crypto casino player reward structure.

$S8B it’s an innovative GambleFi smart contracts driven by utilities and value, utility asset that serves as a cornerstone in our gaming ecosystem. It offers players a range of exceptional benefits and advantages. These include earnings from staking, a share of the profit dividend from the S8B Net Gaming Revenue, Exclusive lottery events – Wheel of Fortunes, Bonuses (No limits, Low wager…), CashBack on Loss, and later more much more…

Moreover, there are additional features set to be unveiled in phases according to our roadmap and bridge with Solana network.

🔍 Primary Distinctive Features

The $S8B token sets itself apart from typical smart contracts cryptocurrencies in numerous significant ways.

Firstly, Our legitimacy is unquestionable, as our online casino holds a license from Curacao and is backed by two legal entities along with their management teams. This credibility is further strengthened by our collaboration with two esteemed companies, each backed by proficient developers, experienced advisors, and extensive industry know-how. The SourceHat team serves not only as contract developers but also as initial auditors, while Proof Platform joins us as our launch partner. Additionally, we have attained Gold KYC Verification status with Assure Defi. A third-party auditor will also be engaged during the presale to ensure the safety and integrity of both contracts.

Secondly, the incorporation of GambleFi $S8B into a functional casino gaming product will instantly offer a variety of utilities upon the token’s launch, going beyond simple trading. Each utility will uniquely enhance gameplay and offer diverse advantages to token holders. These utilities will deliver passive income for holders as other benefits for registered participants as players at casino or holders thru investments rounds and public token launch at two blockchains, firstly at Ethereum, upon that on Solana.

Moreover, the platform introduces an attractive multiply reward streams:

  • 20% Bonus in USDC credits on casino based on invested amount in presale.
  • The profit-sharing reward feature is available to all S8B staking participants who commit to a locked period of 30 days.
  • Each month, 50% of the net gaming revenue from S8B will be added to the staking contract in USDC. Only S8B users with staking lock 30 days can claim this amount through the dApp on player account at www.888bits.com.
  • Passive income through a staking contract, where participants will earn rewards by staking their tokens.
  • Presale investors will have access to featuring perks such as access to the Wheel of Fortune, free $S8B chips, cashback on losses, and various exclusive bonuses.
  • Furthermore, holders who maintain the minimum required tokens in their wallet for 30 days will also gain access to the Wheel of Fortune.
  • NFTs on Solana will introduce additional utilities and advantages for $S8B holders, increase trading volume, and attract more players from the rapidly expanding casino community within the Solana network.

Additionally, the platform is shaped with advisor board experts and frequently audited by gaming authorities, ensuring it adheres to all necessary audits and licenses for its operation.

The buy and sell taxes are thoughtfully structured to prioritize user interests and the sustained growth of the ecosystem.

🎲 Utility, Rewards, Benefits

🎉 20% BACK IN USDC CREDITS

Investors participating in the $S8B fund raising rounds on our platform will receive a 20% back on their investments. This promotion will be credited in USDC and can be used at casino upon TGE. Presale Investors will be credited with casino algorithm upon registration at casino with Metmask and wallet which they used in presale rounds. Please note that these credits cannot be used for Live Dealer games and must be wagered 20 times before they can be withdrawn.

The total amount raised in presales is $900,000. Investors will receive a 20%, equating to $180,000 USDC, credited to their registered player accounts at the casino. This bonus will contribute to the Revenue Dividend Share for the initial month. The casino’s algorithms will ascertain the Net Gaming Revenue in USDC, just as they do for S8B.

💰 SINGLE SIDE STAKING AND REVENUE DIVIDEND REWARDS

Participants in the presale will have the opportunity to secure their tokens at presale rates by engaging in a staking contract right after the Token Generation Event (TGE).

Participants in the presale can stake their tokens at the presale rates by using a staking dapp at casino right after the TGE. They’ll use the same MetaMask accounts they used during the presale. Everyone involved will have vested interests without auto staking.

Users in staking contracts have the opportunity to receive two kinds of rewards:

$S8B tokens rewards and Revenue Dividend Reward Share in $USDC.

  • The token to be staked is the $S8B token.
  • Anyone can stake any amount of tokens at any time.
  • Users can create multiple stake positions.
  • The staked $S8B tokens can be locked for a period of 7-14-30 days. During this time, the users cannot withdraw their staked tokens.
  • The Revenue Dividend Reward Share is available to all S8B staking participants who commit to a locked period of 30 days.
  • The $S8B token rewards constitute 14% of the entire $S8B supply. These rewards are distributed among stakers who hold active stake positions, with allocation based on the proportion of their stake amount.
  • Additional rewards in $USDC – are rewards from Revenue Dividend Reward Share. Each month, 50% of the net gaming revenue from S8B gameplay will be added to the staking contract in USDC. Only S8B users with staking lock 30 days can claim this amount through the dApp on player account at www.888bits.com. Revenue share in USDC will be injected into a staking contract each 30 days from TGE.
  • Revenue Dividend Reward Share is share of the profit from the $S8B Net Gaming Revenue, which is generated in within $S8B wager (Total BET) at the casino.
  • The portion of S8B Net Gaming Revenue injected into the Staking Contract remains constant at 50%, distributed every 30 days. Revenue Dividends are distributed proportionally among stakers with active 30-day stake positions, based on their stake amount.
  • Users must manually claim Revenue Dividend Share that they are entitled to at each 30 day.
  • Casino algorithms will determine the amount of Net Gaming Revenue in $S8B currency, based on formula: S8B Total Amount Wagered – S8B Total Amount Won = S8B Net Gaming Revenue 50% of the S8B Net Gaming Revenue will be allocated to the Staking Contract Pool in $USDC for claim.
  • The transparency concerning the injection of Revenue Dividend Share into the staking contract is accessible to registered players of the casino, specifically only for those within the 30-day staking periods.
  • Registered users of the casino, eligible to receive this share through 30-day lockups, will have access to transparent information regarding the amount to be injected. They have the option to access comprehensive reports generated from the back office, encompassing details such as total bets, total winnings, net profit, games played, highest wins, highest losses, and additional information.
  • If any $S8B has been provided to the contract while there are no active staking positions, the $S8B will be unallocated until there are active staking positions.
  • If a user chooses a 7-day stake duration, rewards will stop accumulating once that period ends if they haven’t unstaked. Rewards are exclusively accrued during the 7-day duration. Furthermore, these rewards must be manually claimed from the casino player account.
  • Users at staking contract can claim both type of rewards without unstaking their $S8B tokens.

🐉