London, UK, June 7, 2022 (GLOBE NEWSWIRE) — BPAY is a deflationary token designed to become scarcer over time. The main use is:
- Bet BPAY to earn APY on the strike platform
- Use BPAY to pay with the crypto card at any POS merchant
- Use BPAY to deposit and withdraw money from BossBet Games.
An efficient blockchain combined with well-designed tokenomics ensures that the project can grow. BossPay is a crypto payment technology on Binance Smart Chain.
Crypto Wallet and Card
The BossPay wallet integrates a mobile DApp browser that allows users to connect to decentralized exchanges and trade cryptocurrencies. The BossPay wallet app will be available on iOS and Android. The BossPay Wallet allows crypto cards to be issued and managed. It allows you to pay securely with a crypto card at any point of sale and it integrates with Apple Pay and Google Pay.
“Betting” the New Form of Passive Income
BPAY holders can earn up to 80% APY in passive income simply by staking their BPAY. Staking has become a popular way to make a profit in crypto without trading coins. In April 2022, the total value of cryptocurrencies deployed crossed the $280 billion threshold, according to Staking Rewards. Staking offers crypto holders a way to put their digital assets to work and earn passive income without having to sell them. You can think of staking as putting the crypto equivalent of money in a high-yield savings account. When you deposit money into a savings account, the bank takes that money and usually lends it to others. In exchange for locking that money into the bank, you receive a portion of the interest earned on the loans — albeit a very, very small portion. Likewise, when you deploy your digital assets, you lock down the coins to help manage the blockchain and maintain its security. In return, you earn rewards calculated as a percentage return. These returns are usually much higher than any interest rates offered by banks.
BossBet games and token stream
The BPAY utility ensures that the BPAY ecosystem is sustainable and protects the users and BPAY holders. BossBet Games is the economic engine that powers the BPAY ecosystem. Cash flow generated from fees and games is injected back into the ecosystem through regular redemptions and burns. Lottery and NFT sales fees are also used to grow the BossPay ecosystem and protect its holders. Below is the token flowchart.
BossBet allows BossPay and other crypto holders to play popular games such as roulette, lottery and card games. The game does not restrict users with any restrictions on deposits and withdrawals. It is a brilliant plan to execute the roadmap in the 4 quarters of 2022. The first quarter includes the publication of the white paper and the launch of the website. Q2 consists of a referral program and a passive income stream. The third quarter includes the launch of the wallet application, bossbet games and crypto cards. The roadmap ends in Q4 with the launch of sports car gifts. The project is monitored by Hacken – a Web3.0 cybersecurity service and smart contract audits. The BPAY token is tradable on PancakeSwap and will be listed on CoinMarketCap and CoinGecko.
Disclaimer: The information in this press release does not constitute investment advice, financial advice or trading advice. It is recommended that you exercise due diligence (including consulting a professional financial advisor before investing or trading in securities and cryptocurrencies.