About Bitwin 2.0
Cryptocurrency casino and sportsbook - Bitwin recently announced update plans to Bitwin 2.0 version, to improve existing platform infrastructure with blockchain and smart contracts. Bitwin Token (BWT) will become the main payment method on Bitwin 2.0 and other affiliated platforms.
BWT Token is designed to meet the most sophisticated demands of iGaming vertical and eliminate most pain points bothering existing online gambling market. The update will ensure smart contracts supporting trust, transparency and security, together with high RTP (Return-To-Player) rate.
Features
Bitwin’s 2.0 blockchain ecosystem will be equipped with cashback system, as well as Global Jackpot and Game Developers Community mechanisms that grant Bitwin Token attractive use-case and scaling-up potential. These functionalities will also serve other platforms, which will use Bitwin as turnkey solution provider.
Bitwin Network - allows players to enjoy iGaming without having to transfer funds to operators account. While playing, users interact with a smartt contract and recieve the reward based on the outcome, Bitwin never has any control over your wager.
Fair RNG - In order to generate random numbers, the smart contract will be using repeated hashing function to generate a stream of random numbers, as big as is required for the player to play the game seamlessly. This solution allows anybody interested to verify the randomness by dehashing last revealed hash output and comparing it to the outcome on Ethereum blockchain.
GDK - We strive for a community fueled platform that allows for users entertainment, but also grows together with the community. In order to fulfill that premise, Bitwin team will create a Game Developers Kit. It will consist of all the game development tools necessary for seamless creation and adoption of the final product into the platform, such as game engine licences, unified developer program and other crucial middleware.
Bitwin 2.0 Roadmap
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MVP
- An MVP part of our project is the first and most crucial one.
During the course of this phase we will focus on launching a basic
gaming content and a production ready random number generator
responsible for provable fairness of the games.
At the same time, Bitwin Team will develop
foundations for payment channels within the platform.
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Phase 1
- Carrying out Phase 1 will begin as soon as
an MVP phase ends successfully. With it, two
distinctive elements of the Bitwin ecosystem
will be developed. Firstly, a Game Developers Kit consisting of all the game development tools and middleware necessary for
the creation and adoption of games into the
platform.
Secondly, a sportsbook with Bitwin Vault as
one of the pillars, which sole purpose will
be to provide liquidity for sportsbook in the
first 6 months.
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Phase 2
- In the second phase, our main goal is to
proceed from the beta version of Game
Developers Kit by starting a fully functional
Game Developers Community system that
allows for submission of the game project
into our Queue, where users can play with
Play Money to test the game and vote for
their favourites with BWT tokens.
Secondly, while putting finishing touches to
the Developers Community system, Bitwin
developers team will be simultaneously
working on a set of additional games for the
platform.
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Phase 3
- The goal of the third phase of our project is
to launch a Global Jackpot which connects
the network of blockchain slot games run
by multiple Bitwin platform operators and
accumulates a percentage of winnings into
one, truly enormous jackpot.