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‘Become the house,’ LunaFi Revolutionizes Traditional Betting Platforms

Published 03/21/2022, 09:00 AM
Updated 03/21/2022, 09:00 AM
‘Become the house,’ LunaFi Revolutionizes Traditional Betting Platforms

  • LunaFi, a decentralized betting protocol, launched its betting protocol with decentralized house pools.
  • The protocol showcases the betting platform through its gamified and fair launch IDO and liquidity generation event.
  • CEO and Founder George Porchester aims to provide users with the power to “own a part of the ecosystem they are involved in.”

LunaFi, a decentralized betting protocol, has launched a gamified and fair launch initial DEX (IDO) and liquidity generation event called LunaFi Crash.

LunaFi Crash is a crypto-based game that utilizes the betting platform. Players can wager when an ever-rising rocket might crash, which occurs through conclusive random smart contracts. Users earn the protocol’s native token LFI in exchange for ETH.

The protocol aims to address a few traditional gambling challenges, including problems in fiat deposits and the lack of transparency in how platforms operate. LunaFi enables users to offer liquidity and gives them similar betting house capabilities to earn a share of profit ...

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