LunaFi will launch the first gamified IoT by CoinQuora

Bet on a rocket crash: LunaFi will launch the first gamified IDO

  • LunaFi has released an Initial DEX Offering (IDO) which includes a gamification mechanism.
  • The newly launched game is called “LunaFi Crash”.
  • George Porchester, CEO of LunaFi, expressed his excitement for the launch.

LunaFi has officially announced an Initial DEX Offering (IDO) which includes a gamification mechanism. LunaFi is a decentralized sports betting platform launched by professional bettors.

The game is called “LunaFi Crash” and it is a crypto-native that allows players to place bets in ETH and receive LFI in return. In the tower-based game, the LunaFi rocket keeps going up until it suddenly crashes randomly.

Players can bet ETH and after the rocket launch choose when to cash out. If he guesses correctly, he will get a return on his paid bet in LFI at TGE. If the rocket crashes before they are cashed in, they will have to try again.

LunaFi CEO George Porchester says the LunaFi Crash game is the first proof of concept of how they can revolutionize gaming with crypto.

We thought it would be fun to have our own gamified IoT. There’s no better way to introduce our platform from the start.

The game uses smart contracts and aims to raise $500,000 in the first phase of the game, where players deposit pure ETH. This phase will be launched on April 1 and will last one week. Also, a classic private sale will be launched on (BSC) and on Polygon. All IDO funds will be claimable on April 15, while LFI staking will be launched on April 15.

Additionally, a second phase of the game will launch after the initial distribution and once liquidity has been rolled out to Quickswap. This will allow players to play with ETH-LFI LP tokens to receive discounted LFI, which can be claimed after five days.

The betting arena has always been a very interesting playground for crypto. On LunaFi, users can join and provide liquidity to punters by taking advantage of the house edge of the protocols. All bets are programmed with open smart contracts and decentralized oracles, i.e. all bets have maximum transparency in terms of payouts.

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