Binary Cat

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. One awesome feature of Binary Cat is that in addition to receiving a share of the winnings if bets 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 if you win and lessens the cost associated with a loss. Holders of KITTY tokens will be then able to receive a proportionate share of transaction fees generated by the platform and will also have a share of voting rights to participate in governance based on the amount of tokens they hold.

With Binary Cat, there is no “house” - the entirety of the small transaction fee (2%) incurred to place a bet is distributed to KITTY holders! This creates a great deal of transparency and a higher degree of fairness when compared to traditional betting platforms. So the benefits of betting with Binary Cat, is that it’s fairer than anywhere else, it’s easy to use, and my favorite (and unlike any other betting platform out there): you get rewarded with KITTY tokens simply for placing a bet! This increases the reward associated with winning and lessens the losses with unsuccessful bets and totally revolutionized the traditional betting industry!