About

JustBet is a decentralized gaming platform built with smart contracts on the Polygon Layer 2 Ethereum network. The platform runs fully autonomously and is designed to create a unique gaming experience which is fast, secure, and fully decentralized. The platform is also designed uses Chainlink oracles to promote its speed and efficiency.

History

The platform was designed to create a fully democratized gaming experience with a utility token for participation within the platform as part of the in-game experience. The platform airdrops 64% of all gaming profits daily to users who participate and stake WINR tokens. Users may also participate in the weekly lucky draw lottery which accumulates and distributes another 16% of gaming profits. The platform also runs on a Proof-of-Wagering model where minted tokens are earned from each game transaction. Each game transaction is minted using a logarithmic, cumulative distribution function model, as well as leveraging Chainlink oracle technology.