BlackBet Application

[MasterCryptoLord]

Project Abstract

BlackBet is the first decentralized crypto casino and betting platform that not only offers traditional casino games but also enables users to create and bet on any event they like. In addition to gaming and custom betting events, BlackBet introduces a unique share ownership model, allowing community members to own a stake in the casino. This innovative solution ensures transparency, fairness, and community-driven growth within a trustless blockchain environment.

Grant level

• Level 1: Up to $10,000, 2 approvals
• Level 2: Up to $30,000, 3 approvals
• Level 3: Unlimited, 5 approvals (for >$100k: Web3 Foundation Council approval)

Application Checklist

• The application template has been copied and aptly renamed (BlackBet.md).
• I have read the application guidelines.
• Payment details have been provided (Polkadot AssetHub (USDC & DOT) address in the application and bank details via email, if applicable).
• I understand that an agreed upon percentage of each milestone will be paid in vested DOT, to the Polkadot address listed in the application.
• I am aware that, in order to receive a grant, I (and the entity I represent) have to successfully complete a KYC/KYB check.
• The software delivered for this grant will be released under an open-source license specified in the application.
• The initial PR contains only one commit (squash and force-push if needed).
• The grant will only be announced once the first milestone has been accepted (see the announcement guidelines).
• I prefer the discussion of this application to take place in a private Element/Matrix channel. My username is: @mastercrypto:matrix.org (change the homeserver if you use a different one)

[github-actions]

CLA Assistant Lite bot All contributors have signed the CLA ✍️ ✅

[MasterCryptoLord]

I have read and hereby sign the Contributor License Agreement.

[keeganquigley]

Hi @MasterCryptoLord thanks for taking the time to submit this application. Unfortunately, gambling apps are against our funding guidelines. Therefore we won't be able to support the grant. But we wish you the best of luck in securing funding for the project.