BoxBet announced the launch of BoxBet 2.0 on Telegram.

The 2.0 update will be open to the public in the third quarter of 2024.

BoxBet 2.0: Advanced Casino Gaming on Telegram

This platform has many exciting features for gamers and other Web3 enthusiasts. These features include an advanced casino for betting, lotteries, and jackpots.

An exciting feature of BoxBet is its integration with Telegram. Telegram has gone beyond a messaging platform to a trading and gaming platform. It has over 900 million users, putting BoxBet 2.0 in the open for more eyes to see and use the platform. 

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You know, Web3 projects undergo funding rounds to raise extra funds for their projects. BoxBet has secured a pretty impressive funding round with top industry players. One of Solana’s early investors led the investment. This platform is yet to release official information about the funding round, but we will soon have more information.

BoxBet is improving the iGaming experience. By integrating it into Telegram, it will increase its adoption and reach. BoxBet provides a reward mechanism where 50% of the generated revenue goes back to the user. Also, BoxBet will use 30% of the revenue generated to buy and burn BoxBet’s token monthly till it burns 75% of the supply.

Source: X
More About BoxBet

BoxBet’s token, BXBT, is at $0.1775 with a market cap of $13.4 million. By the first quarter of 2024, it will be ready for use. You can place bets, win the lottery, and take part in other casino activities. Interestingly, you can have fun and make money with it.

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Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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