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InsanityBets (IBET)

Mar 14, 2024 – Sep 20, 2024

InsanityBets is the pinnacle of decentralized gambling. A revenue sharing platform designed to make every bet placed an investment into the growth of the platform and therefore your investment. Proveably fair technology, powered by Chainlink VRF, InsanityBets wants you to become the house.

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Project industryGambling & Betting
Product typeService
WhitepaperInsanityBets White Paper Open

What is InsanityBets

InsanityBets is not just a platform; it's the evolution of CasinoFi & GameFi, allowing you to become the house. As a non-custodial and decentralized platform, InsanityBets brings the casino experience directly to the blockchain.

With InsanityBets, every dice roll and every card flip on the platform contributes to a unique flywheel effect. Players don't just gamble; they invest in the platform's growth, benefit from others' plays, and earn from the collective pool, all while enjoying a transparent and fair gaming experience powered by Chainlink VRF.

The platform's codebase will be rigorously audited by leading cybersecurity firms and can only be upgraded via The InsanityBets DAO, which empowers the community to guide the platform's evolution, from fee structures to game offerings.


Pre-sales: Mar 14, 2024 - Sep 20, 2024
Token supply: 5,000,000,000 IBET


Registration year: 2024

Token info

Ticker: IBET, ILP
Type: Utility-token
Token price in USD: 1 IBET = 0.0015 USD
Token distribution:
Team - 30%
Airdrop - 5%
Pre-Sale - 50%
$eslIBET - 10%
Exchange Listing - 5%

InsanityBets Roadmap

Initial Setup and Development
  • Twitter/X and Telegram Launch: Establish an online presence across key social platforms.
  • Website and Presale Dashboard Launch: Create a user-friendly website and a dashboard for presale activities.
  • Development of Token Contract: Code and test the InsanityBets token contract.
  • Hiring a Marketing Agency: Engage a professional agency to drive promotional strategies.
Presale and Audit Phase
  • Presale Launch: Begin the presale of InsanityBets tokens.
  • Development of $IBET and $ILP Contracts: Create derivative and liquidity provider contracts.
  • Contract Audits: Ensure all contracts undergo thorough security audits.
Gaming Development and Launch
  • Development of the First 5 Games: Create an initial suite of casino games.
  • Launch of Additional 5 Games: Expand the gaming portfolio to 10 unique offerings.
  • Implementation of Profit/Loss and Total Bets Dashboards: Provide transparent tracking of bets and financial outcomes.
  • Referral/Affiliate Program Setup: Encourage community growth through a referral system.
Community Engagement and Expansion
  • Telegram Betting Bots: Introduce interactive betting bots on Telegram.
  • API Development for Developer Economy: Enable third-party developers to build on the InsanityBets platform.
  • Enhanced Business Development Efforts: Focus on partnerships and collaborations to boost $ILP utility.
  • Surprise Announcements and Features: Unexpected updates and features.
Diversification and Integration
  • Introduction of New $ILP Collateral Mechanisms: Incorporate major cryptocurrencies like $ETH and $BTC as collateral options.
  • Continuous Development and Launch of New Games: Keep the gaming portfolio fresh and engaging.
  • Deployment of InsanityBets Git Repository: Make the project's codebase accessible for review and collaboration.
  • API Expansion and Developer Support: Further develop the API and support external developers.
  • Cross-Platform Integrations: Explore opportunities for integration with other platforms and services.
Long-Term Growth and Innovation
  • Sustainable Business Model Development: Focus on creating a long-term, sustainable business model.
  • Community-Led Initiatives and Governance: Encourage community participation in decision-making.
  • Ongoing Security and Performance Upgrades: Regularly update the platform for enhanced security and performance.
  • Scalability and Global Expansion: Prepare the platform for scalability and international user adoption.

Social media

InsanityBets web-siteInsanityBets MediumInsanityBets TelegramInsanityBets Twitter

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