# Introducing TigraBit: GambleFi as you imagined it. *A crypto casino where you play, own and earn.* By [TigraBit](https://paragraph.com/@tigrabit) · 2024-10-12 gamblefi, casino, crypto, finance, web3 --- Crypto casinos are popping up everywhere now. Projects can easily whip a casino up through a white-label software and integrate game providers to offer you the games that you all know and love (hopefully). Now... What makes us different? Let's get into it [Subscribe](https://paragraph.xyz/@tigrabit/memberships) State of GambleFi ================= The current state of **GambleFi** shows a lot of promise but also a lot of disappointment. Many projects hype up the potential of combining DeFi with gambling, offering features like passive income, profit-sharing, and decentralised gaming. ![](https://storage.googleapis.com/papyrus_images/a8a867f738deea087773e856bd812070.png) However, in reality, most platforms aren’t delivering what users truly want. Rewards are often small, the user experience can be frustrating, and the transparency that blockchain should provide is sometimes lacking. This has left many users feeling let down, as they expect more than just another casino— they’re looking for real value and participation in the platform. For users, the appeal of GambleFi lies in several key factors: 1. **Passive Income**: People want more than just games—they’re looking to earn through staking rewards, profit-sharing, and increasing token value. 2. **Transparency & Fairness**: Blockchain ensures that games are provably fair, and users want the trust that comes with knowing every bet and transaction is recorded and verifiable. 3. **Ownership & Community**: Players don’t just want to play; they want to be part of something bigger. Governance tokens give them a voice in the platform’s decisions, making them feel like stakeholders. 4. **Innovative Betting Options**: GambleFi offers unique ways to bet, from tokenised wagers to high-leverage trading, pushing the boundaries of traditional gambling. 5. **Financial Incentives**: Users are drawn to the idea of airdrops, token burns, and sharing in casino profits, which ties their financial gains to the success of the platform. At TigraBit, we plan to change the game by delivering on these expectations. We’re creating a platform where our community truly benefits, with a **strong focus on profit-sharing, token burns, and innovative ways to engage users**. [![User Avatar](https://storage.googleapis.com/papyrus_images/0eda197028e0d12fa0768848fefaf09a.jpg)](https://twitter.com/crypthoem) [hoeem](https://twitter.com/crypthoem) [@crypthoem](https://twitter.com/crypthoem) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/crypthoem/status/1728345126286610798) GambleFi is tapping into an industry that generates billions of revenue every year. GambleFi allows users to be the house. If 0.1% of gambling revenue came on chain it would cause multiple 100x’s. Here’s 5 projects on my treasure map: ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png) ![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png) ![](https://storage.googleapis.com/papyrus_images/a4d2f9ff316ae3baac1d0dc8bc98262c.jpg) [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 647](https://twitter.com/crypthoem/status/1728345126286610798)[ 17:29 • 25 Nov 2023 ](https://twitter.com/crypthoem/status/1728345126286610798) What inspired us? ================= The rapid rise of the crypto casino industry, with platforms like [Stake.com](http://Stake.com) earning over **$2.6 billion** in 2023, shows the huge potential of combining online gaming with cryptocurrency. Platforms like [Rollbit](https://rollbit.com/referral/tigrabit) use token burns to reduce supply, making tokens more valuable for holders. The concept of GambleFi by introducing ways for users to earn through a gambling project just sparked an idea of why not combine the two together? ![](https://storage.googleapis.com/papyrus_images/3f8c42d8e4d3b37ff40229ae3cd4c104.png) RollBit Token Burn mechanism. At TigraBit, we aim to build on these ideas by giving back to our community. We will airdrop a portion of our profits to TIGRA token holders and burn tokens to reduce supply, _theoretically_ increasing their value over time. This approach rewards both immediate engagement and long-term loyalty, aligning our success with the success of our users. Airdropped profits? Now we're talking ------------------------------------- ![](https://storage.googleapis.com/papyrus_images/f1d19217bfe518c3fbb4bf1eced5d41b.png) We knew that would catch your attention. In the world of crypto, one thing stands out for every crypto degen —making passive income. With decentralisation through blockchain, it’s now possible for token holders to share in a casino’s profits. Imagine 10% of Stake’s $2.6 billion revenue (**$260 million**) being airdropped directly to token holders each year. Now, that’s what we call real utility. We are planning a **token presale** for our project which you can stay updated in our community through discord. [Join the Community!](https://discord.gg/tigrabit) Roadmap & Long-Term Vision ========================== ![](https://storage.googleapis.com/papyrus_images/0b947db4df8d4c53509bf81fdf831518.png) Most popular crypto casinos today have large cash reserves, but their games and experiences feel quite similar across platforms. At launch, TigraBit will offer much of the same: standard game providers, an easy deposit and withdrawal system, original games, and an affiliate program. However, looking ahead, we plan to innovate beyond the typical offerings. Inspired by platforms like Rollbit, which introduced high-leverage futures trading for players, TigraBit will incorporate similar unique wagering options. In the long run, our goal is to develop original games that other casinos in the GambleFi space can integrate, creating additional income streams for our platform and token holders. Beyond gaming, we aim to expand into sports sponsorships—like sponsoring F1 teams, NBA teams and football clubs—giving our community pride in holding the TIGRA token, knowing they’re part of a larger, ambitious project. Our vision is to create a sense of ownership for our holders, ensuring their involvement is tied to both the growth and success of TigraBit. Summary ======= In summary, TigraBit is committed to delivering what the GambleFi space has been promising but struggling to achieve. From profit-sharing and token burns to introducing new ways to bet, developing innovative games, and fostering a strong community, we plan to lead the way in transforming the industry. Our focus is on creating a platform where users truly benefit and feel like active stakeholders, paving the way for a more engaging and rewarding experience in the world of decentralised gambling. We hope to see you in our community! Stay updated on our project. [Subscribe](https://paragraph.xyz/@tigrabit/memberships) [Share](https://paragraph.xyz/@tigrabit/hGSLdDU1CnTsgCGGivk9) [Join the Community!](https://discord.gg/tigrabit) --- *Originally published on [TigraBit](https://paragraph.com/@tigrabit/introducing-tigrabit)*