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Binary Cat - revolutionizing the world of decentralized betting!1-10 Employees
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  • Early Stage
    Startup in initial stages
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Binary Cat - revolutionizing the world of decentralized betting!
Binary Cat is a decentralized platform that runs on the Avalanche network where users can bet on the price of crypto assets and the relationship between them. Unique to Binary Cat and a key differentiator from competition is that in addition to receiving a share of the winnings if bets placed on the platform are correct, users are further incentivized by receiving KITTY tokens proportionate to their bet size regardless of whether or not they were correct - this increases rewards associated with winning bets and lessens the cost associated with a loss. Holders of KITTY tokens are able to receive a proportionate share of transaction fees generated by the platform if their tokens are staked and will also have a share of voting rights to participate in governance based on the amount of tokens they hold.
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