BetU Reports & Announcements
Claim BETU:PACES airdrop
To claim your PACES Tokens:
Step 1:
Visit:
https://massdrop.multisender.app/airdrop/w45er9s66x
Step 2:
Connect your wallet
Step 3:
Select Claim
Step 4:
Authorize Transaction
Notes:
To see tokens in your wallet you will need to add PACES contract to your wallet:
Contract Address: 0xc79670481e01fedcf299d1ad4bc66d73cb8ea8be
BETU token holders will receive the same % of supply in PACES tokens that they held in BETU.
BETU has a supply of 1 Billion
PACES has a supply of 100 Million
Eg: If you hold 10,000 BETU tokens you will receive an airdrop of 1,000 PACES tokens.
PACES is an ERC-20 token & your will need to pay a gas fee in ETH to claim the tokens. The gas fee will vary depending on the network congestion.
Please check the value of PACES tokens before claiming the airdrop - The cost of gas in ETH to claim the airdrop may be worth more than the PACES token value.
You can view the amount of PACES your wallet can be claimed by searching your address on this sheet:
https://docs.google.com/spreadsheets/d/1P_MdlLvLHFKN0fPmwS0N3vNeppl94c3Qs3PGe8aWtHs/edit?usp=sharing
People who still hold BETU tokens on a centralized wallet (BitMart, Gate, XT, BetU, EarnU) and wish to claim the airdrop please withdraw your tokens to a self custody wallet (Trust, MetaMask) and complete this form:
https://forms.gle/MrMwS8S32r7c7WEZ6
The next airdrop snap shot will be taken at a future to be advised date.
BETU : PACES Token Airdrop & Presale
As you may be aware, the BetU platform is no longer in operation. We are actively working on options to help benefit BETU token holders.
As a first step in that process, BETU holders will receive an airdrop of an upcoming token launch for Pocket Aces Club - PACES token.
The airdrop is based on a snapshot taken on April 20. BETU token holders will receive the same percentage of supply in PACES token that they held in BETU token.
A presale for PACES token will be held on PinkSale on April 26 & GemPad on April 27. PACES token will be listed on UniSwap on April 28. BETU holders will be able to claim the airdrop on April 28.
Details of how to claim the airdrop will be posted on BETU Token Telegram on April 28.
Pocket Aces Club has been aggressively partnering with other crypto projects. They are leveraging existing communities with the aim to establish a large and diverse holder base.
Several influencer groups on Twitter and Telegram are supporting their launch. We anticipate that it will be successful, and create value for holders.
Airdrop Request for Sold BETU Tokens
If you were a long time holder of BETU and sold tokens between 28-30 March and wish to be considered for the first airdrop please complete the attached form.
Only submit for wallets that sold BETU tokens.
Wallets still holding BETU tokens will be automatically airdropped.
https://forms.gle/2waExjn1Yd922xVR8
Balances left on BetU / EarnU
If you still need to remove any balances from BetU or EarnU, please contact [email protected] with your registered email, and your desired receiving address.
Update:
Domain & License Acquisition:
We have concluded a deal for a group to acquire the BetU.io & BetUVerse.io domains and gaming licenses.
The BetU platform will be rebranded and launched under a different name. The acquirer's platform will have no association with the BETU token or any other token.
Airdrop:
Completely separate to the acquisition, we have arranged a partnership where BETU holders will be airdropped a token of an unrelated project. The project will hold an ICO in April 2023 and release their platform in June 2023.
The airdrop will be distributed based on your % of BETU tokens held. Holders will receive the same % of supply in the partners token as they hold in BETU - based on the total initial supply.
The date of the snap shot of BETU holdings held by each person will take place at 10am UTC on the 20th of April. We do not advise on buying BETU tokens to receive the airdrop. The partner has advised the initial market cap will be low.
The snap shot of holdings will include tokens held in all self custody wallets Eg: Metamask, Trust, Ledger, Trezor etc. It will also include those held in Beefy & LP.
It will NOT include tokens held on exchanges. We advise you to remove tokens from Gate, BitMart & XT.
Staking Pool
Based on the technology deal announced in February, a USDT/BETU staking pool will be established. The pool value will be completely determined by the acquirer's market success. We anticipate the pool to be established in Q4 2023.
Token Burning
All BETU tokens that are not currently in the circulating supply will be burnt.
Future Platform based on BETU tokens
It is still to be determined if BETU tokens will be used for utility within a new platform in the future.
Dear BetU Community,
We regret to inform you that we will be halting current operations of both BetU and EarnU platforms as of today.
Unfortunately our current client base is insufficient to maintain the platforms and we have so far been unsuccessful in raising additional capital to enable us to grow.
As we have built the entirety of our tech stack, it comes with expensive operational costs of $50,000 USD per month. (In total we have spent $2.7 million USD)
Despite our best efforts, several deals that were in the pipeline did not come to fruition, which has left us unable to continue with the current structure.
As the majority of gaming activity is in BETU tokens, the only option for us would be to sell down the token which would not be sustainable.
We are actively exploring options for BETU token holders, such as:
- USDT staking pools / token buybacks with revenues that we will receive from prior deals of our tech stack.
- Airdrops to BETU token holders for upcoming partner token launches.
- Selling the existing platforms / tech stack & launching a simpler version.
- Selling the existing platforms / tech to a group that wants to integrate the token.
We understand that this news will come as a disappointment, and we express our sincerest apologies.
Regretfully, by focussing on token growth in the initial stages upon launching BetU, we didn’t give ourselves sufficient runway for the bear market and player adoption was slow.
We appreciate the support that you have shown us, and hope that we can rebound in some way in the future.
Over the coming days, please withdraw your tokens / coins from BetU & EarnU platforms.
We will hold a voice chat in Telegram today at 10am UTC to answer any questions you may have.
Thank you.
Sincerely,
BetU Team
Follow BetU Esports on Facebook:
https://m.facebook.com/100090512132967/
BetU Acquisition Negotiations
We have been approached by and in negotiations with an experienced gambling operator in regards to the acquisition of the BetU platforms & token.
At their request, we won't be conducting any daily buybacks or burns while negotiations continue.
30x NBA & IPL Campaigns will continue as planned and will be released next week.
More details will be released when available.
Todays BETU Token Buyback
10,048 BETU tokens were bought back from the market💰
Todays BETU Token Burn
2,000,000 BETU tokens were burnt 🔥
Total BETU burnt 83,274,391
'BetU casino has over 5,000 caino games to chose from 48 of the world's top game providers'
Todays BETU Token Buyback
12,802 BETU tokens were bought back from the market💰
Todays BETU Token Burn
2,000,000 BETU tokens were burnt 🔥
Total BETU burnt 81,274,391
'BETU VIP Holders get up to 15% Edgeback & 15% Cashback on our sportsbook & casino '
Todays BETU Token Buyback
18,801 BETU tokens were bought back from the market
Todays BETU Token Burn
2,000,000 BETU tokens were burnt
BETU Token Buybacks & Burns
Tokens bought back for January - 241,721
Tokens bought back for Febraury - 439,379
Tokens burnt today - 1,085,927
Moving forward 100% of daily token buybacks will be burnt.
We will soon also start burning tokens from the uncirculating supply.
https://bscscan.com/tx/0x8094d94d85722d9d39d25d1de5e6d0a5e8ac60d172ca0ae5b233dc56bd2958ac
Todays BETU Token Buyback
31,214 BETU tokens were bought back from the market
It's almost time to start the burn
We have secured a partnership deal with a new Arbitrum poker platform that will hold their ICO in April.
BetU players and BetU VIP holders will receive a juicy airdrop of their new token that will be based off players wagering and VIP level.
The deal will not only reward BetU players with the airdrop, it will also drive new traffic to BetU sportsbook & casino.
More details will be released in 3-4 weeks.
Todays BETU Token Buyback
19,824 BETU tokens were bought back from the market
30X NBA offer for any team to win the NBA Championship in 2023 coming soon!
Todays BETU Token Buyback
8,064 BETU tokens were bought back from the market
We will soon be launch a 20x IPL offer for any team to win the Indian Premier League 2023 Championship. 🏆💰
Todays BETU Token Buyback
8,565 BETU tokens were bought back from the market
Who’s ready for some F1 action?
Todays BETU Token Buyback
27,871 BETU tokens were bought back from the market
BetU offers a complete gambling and gaming ecosystem, with a sustainable model where staking rewards are paid out from revenues.
BetU #Gambling
EarnU #GameFi
BetU Verse #Metaverse #GambleFi