3.4. Age of Gold

Congratulations, you have passed quite a long way to be familiar with betting and reserve a precious amount of rBIV.

In this Age, after the Token Generation Event (TGE), all of your rBIV will be converted to BIV token. BIV could be staked or used for betting. The key milestone of this Age is the introduction of BetFi where Players are involved in Crypto Betting 3.0.

Players’ journey in the Age of Gold

BIV token

BIV token is the native token of Betiverse blockchain with a fixed total supply. BIV will be used to trade, stake, real yield farm, bet, pay for translation fees and govern the platform.

BIV Staking

BIV token could be staked for staking reward.

Crypto betting

Now you can connect your crypto wallet and use BIV as a wager. For more convenience and lower fee, you could deposit your crypto, bet and withdraw at your demand.

Golden bets and BetFi

BetFi allows you to take profit from every "Golden bet". If you win, you will receive the payout. Otherwise, you will receive a rebate in accordance with your share in the Laying Pool that day. Your rebate is profit sharing accumulated in the next 30 consecutive days. This means you can receive quick profit as a winning Player or profit sharing "as a Bookie" in one game. You will have 03 free Golden bets to experience BetFi before purchasing packages of 10 - 50 - 100 - 500 Golden bets to activate this BOSS mode.

In-play betting

You can place a bet during an event. Due to the changes happening so quickly during the match, the Odd values are also adjusted in some milliseconds accordingly.

Auto-balancing mechanism

This is the algorithm to automatically adjust the Odd values so as to maintain the profit margin of Laying Pool.

Real Yield Farming

Besides staking BIV to earn reward, Betiverse allows you to invest in a Laying Pool to receive passive income “as a Bookie”. This process is called “Real Yield Farming”.

Different from other farming, Betiverse attracts outside tokens inflow for betting and has real revenue. Thus liquidity providers will receive both Fixed Staking Reward and Profits share:

Real Yield Farming Reward = Fixed Staking Reward + Profits share

System Workflow in the Age of Gold

System Workflow in the Age of Gold