BDJ was created to affect how users interact with Formula 1 racing. It creates a mechanism through which users will have fun and also make sports predictions
BDJ was created to enhance how users interact with Formula 1 racing. It introduces a mechanism that enables users to have fun and make sports predictions while leveraging the efficiency and security offered by blockchain technology.
The project has been attracting attention from both innovative crypto solutions enthusiasts and Formula 1 fans. Users can make predictions on Formula 1 race results using the BDJ token, which serves as the platform's native token and facilitates various activities within the platform.
Users predict sports outcomes using the BDJ tokens, which are also the currency used for paying out winnings. Every game becomes an interactive adventure with the token, allowing fans to follow their beloved sport and potentially earn money while doing so.
One of the platform's prediction modes allows users to predict the top 10 finishers of each race. Once these predictions are made, users from around the world will be continuously ranked on the top 10 leaderboards based on the accuracy of their predictions.
Staking for Additional Rewards
Another aspect that is attracting people to the platform is the opportunity to earn rewards through staking. Those who purchase the BDJ tokens during the presale can also begin staking them right away, maximizing the benefits of their purchase.
Users can monitor their rewards and the growth of their funds through the staking dashboard. This way, they can always have an up-to-date view of the value of their BDJ tokens at any given time.
However, following the presale, the tokens will be subjected to a 7-day lock-up period from the claim activation date to prevent the token dumps that occur immediately upon launch. This also helps the BDJ token to gain some level of stability and reduced volatility.
You can check more details about BDJ staking here.
BDJ’s Growth Plan
The Billion Dollar Jackpot project has a detailed plan for its development and expansion, and making it public helps investors track the project's growth. It also instills more confidence as they witness BDJ meeting its outlined goals.
Phase 1: ICO And Building A Community
The first phase is dedicated to raising funds through the ICO and establishing a strong community around the project. This is crucial for garnering early support and laying a solid foundation for the future.
Phase 2: TGE And Listing On Exchanges
Following the Token Generation Event (TGE), the $BDJ tokens will be distributed to early buyers. The project aims to secure the token's listing on major centralized exchanges (CEXs), increasing its liquidity and visibility within the market.
Phase 3: Launching The Platform And Getting Feedback
The grand launch of the Billion Dollar Jackpot platform, featuring F1 prediction markets, will be a defining moment. The team plans to actively gather user feedback and incorporate it into enhancing the platform, ensuring it’s tailored to the community's needs.
Phase 4: The Jackpot And Growing The Platform
This phase will encompass hosting the first grand end-of-season jackpot event, awarding top performers with substantial prizes. The platform will also be optimized based on user feedback, further improving its functionality and user experience.
The Last Phase: Expanding And Diversification
The current plan concludes with the expansion of the platform's services to include more sports markets. This will cater to a broader audience and solidify the platform's presence within the market.
Tokenomics
The token allocation also follows a strategic plan. In total, there will be 2.5 billion $BDJ tokens, and here's how they’ll be distributed:
40% (1 billion tokens) will be sold at the presale level, 20% (500 million tokens) will go into the staking pool and reward, and 10% (250 million tokens) each will be allocated to development, liquidity, marketing, and ecosystem needs.
The well-structured plan ensures ample tokens are available during the presale while allocating funds for crucial aspects like platform development, marketing, and maintaining market liquidity.
Conclusion – Why Investors Are Rushing To BDJ
From the details we've covered above, several factors are driving investors' enthusiasm for the Billion Dollar Jackpot project and its $BDJ token, including:
The ongoing presale of BDJ tokens has sparked a lot of interest from investors. People who want to buy these tokens can use Ethereum, Binance Coin, USDT, or even a regular bank card to get their share. This range of payment choices has made it easier for people to participate.
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