Post
Topic
Board Gambling
Re: ⚡ BullBear.Fun ⚡ WEB3 Prediction Game 🔥 100% Provably Fair & on-chain 🔥
by
BullBear.Fun
on 20/12/2023, 15:26:13 UTC
I was taking a look at the site and is weird to see a forex site disguised as a gambling site, because forex and gambling are two different things.

In this thread title you mention it's 100% provably fair, and that's weird because there are no seeds to predict the next bet move, so, why do you say it's provably fair, and how users can verify the round wasn't rigged?, in the Terms of service the site doesn't mention the provably fair.

well the closest comparison, like someone else said, is a gamified binary options on the price of bitcoin.

There's no seed to predict the next result as the result will be the price of bitcoin at the moment the round closes.
However it is provably fair as the winning side is picked based on the Bitcoin price, and the prices of Bitcoin used by our system can be double-checked by anyone.

As explained on our FAQs:

Quote
Our system's price is updated every 200ms and is a simple average between the latest trade prices on the following exchanges: Binance, Kraken, Bybit, OKX, BitGet, KuCoin

Our team is working to open-source the price-fetching part of our code, so anyone can run it on their own computer and confirm the price that the system uses to pick the winner side is accurate.
We expect to release the code on Github within a day or two.