Pro Bets Official white paper Contract launching on the Binance Smart Chain List of contents: ● Introduction ● Mission statement ● Ecosystem: ○ Tokenomics ○ strategy & Project start ○ How will we benefit the holder? ○ Roadmap ● Final word ● Legal disclaimer Introduction Let’s face it, we got into cryptocurrency because we want to get rich, unfortunately the world of cryptocurrency is home to countless useless tokens and failed ideas. Wouldn’t it be nice to invest in a coin that instead of giving false hopes and advertising ordinary inflation of its own as a reward, will give you actual profits and passive income for as long as you hold it? Folks, we invite you to join PRO BETS - Token with a Purpose Innovative token that is designed to provide holders continuous passive income through its simple yet smart use case. PRO BETS is the first cryptocurrency with an innovative community wager fund wallet , used to wager on professional sports in Canada and the Usa. We have professional sports gamblers on board with us that have a positive track record of winning against the house, information is shared and publically available. PRO BETS community wager wallet will be used to place sports bets, wagers winnings will be used for the community buybacks and burns, lots of giveaways and competitions. Once we can see growth from the wagers we will start a community treasury. Wager wallet will be owned by the community, what will happen next to the wager wallet will be decided jointly by public voting. Mission statement PRO BETS was initiated to provide ordinary traders with a token designed to be a source of real and lasting passive income. Income that is not just another ordinary crypto based “Fugazi” but actual money, profits coming in into the project itself. We want to be known as a very successful token in the Binance Smart Chain through our innovative use case and amazing community. AT PRO BETS, it is our goal that no holder will be left behind. The whole community will be provided with tools and knowledge to make their money grow even further. We intend to grow together as a community, and we can accomplish this only as a community. The sports betting industry reached a market size of 203 billion U.S. dollars in 2021. It is a massive industry and there are plenty of opportunities to take advantage of this. TOKENOMICS PRO BETS token will be based on the Binance smart chain with the addition of the transactional fees on buys and sells. Planned percentage on buys and sells is no more than 11%. 11% tax will be charged for every buy and sell transaction. This will be allocated as follows: 1) 3% BUSD reflection 2) 2.5% marketing wallet 3) 2.5% community wager fund 4) 2% liquidity 5) 1% burn When you buy and sell PRO BETS tokens, 2.5% of said transactions will go to the pro bets community wager Wallet. A percent of these funds will then be used to wager on pro sports and winnings will be used on the community for token buybacks and various giveaways that in a long term will benefit the growth of the project. 3% of the transaction fees collected from the buys and sells will be automatically transferred to the token holders as an BUSD reflections. 2.5% of the transaction fees collected from the buys and sells will travel to the marketing wallet that will be used solely for the benefit and growth of the project. Meaning: ● covering marketing related costs or expenses ● covering growth or business itself related costs or expenses 2% of the transaction fees collected from the buys and sells will be automatically added to the liquidity pool to strengthen the project's financial position and enrich investors' bags. 1% of the transaction fees collected from the buys and sells will be automatically used to buy back the tokens from the liquidity pool and burn them in sequence in a long term this will enrich the communities general financial position. strategy & Project start Tokens Name: PRO BETS Tokens Contract: To be announced Token allocation: 1. 17% Private presale 2. 30% staking locked 3. 10% Team allocation 4. 10% marketing 4. 33% Liquidity pool Liquidity pool locked for a year Team allocation. Team allocation tokens will be used to cover the expenses and finance the beginning of the project/ marketing. How will we benefit the holder? PRO BETS initially is a reflection token which is basically the taxation system that finances the projects growth and continuation. As the deduction of 11% on buys or sales will happen each time 11% of those will go back to the holders. As we mentioned before 3% of the transaction fees will be given back as the BUSD reflections to the holders of our token meaning the more you hold the longer you hold the more you will make. Marketing wallet's main aim will be to promote and expand the project further. Meaning the funds will be used directly for the marketing campaigns and structured giveaways that would benefit the holders and the project. Wager fund wallet will have allocation of 2.5% transactions. Funds within the wallet will be used by our professionals to bet on various sports. General idea is to increase and enrich this wallet later to give the public the ability to vote on what happens next to the funds with the wallet, whether they are there to stay for further growth from betting or be used for buybacks - all communities' decisions. Liquidity 2 % tax rate will be used to funnel back into the liquidity pool. That in return will increase the ratio of liquidity pool tokens to PRO BETS tokens meaning the value of the tokens that you hold will increase over the time. Buybacks and burns 1% - this tax is directly used to buy back PRO BETS tokens and burn them meaning that the overall amount of PRO BETS tokens in existence will decrease over time which will benefit the holders directly. Apart from the 11% of the transaction fees that will be directly used to benefit PRO BETS holders we also have a team of professional sports bettors that in the long term manage to reap great profits of 60% and more. As we will be using wager wallet in accordance with their betting strategies in the long term this will bring additional funds into the project that will directly benefit our holders. What is really important is that unlike others we are open about our bets, our wins and losses and the fact that we manage to win against the house can be checked and verified, screenshots, images and other documentation will be publically available within the website. In the long term we plan to release PRO BETS NFTs that will have several different rarities and will give the owner access to bet alongside of our professional betters by following their picks directly. Released NFTs will have 3 different rarities: ● Common ones - 1 month term ● Rare ones - 3 month term ● Legendary ones - 12 month term The better the quality of the NFT the longer term it will provide for the owner of the NFT to access our picks. This brilliant idea will benefit the NFT holders directly and also will bring additional funds that will affect the project itself positively. Long term HODL approach will be encouraged and supported with random occasional airdrops to loyal holders of PRO BETS token. Looking into the future ideal would be to develop a treasury that would expand to the point of us being able to acquire a betting platform or anything else really that would benefit the profitability of the project, most importantly these things will be solely decided by the community votes. And that is not all. After all these points mentioned take into the consideration projects continues expansion, further marketing, applications to be listed in various exchanges, holders growth. Reasons and the benefits of being with PRO BETS very straight forward! Roadmap Phase 1: Business idea is born Plans are made and put in action Website Twitter presence Telegram Channels Token Launch Phase 2: Aggressive marketing Organized giveaways that would benefit the projects growth Applications to be listed in various exchanges depending on our growth CMC, Coingecko etc. Use of Wagers wallet for the first bets and profits in accordance with pro betters Cooperation with other crypto projects Various Promotions Phase 3: Aggressive marketing Staking Giveaways and promotions Further cooperations with other projects Creation of PRO BETS NFTs that depending on their rarity will guarantee the owner access to our picks Further profitable expansion of PRO BETS and their holders interests Phase 4: Further expansion of the project Creation of community treasury Air drops for the diamond hands Further marketing Team expansion Phase 5: Acquisition of a betting platform Betting based crypto sports related game creation Treasury based borrowing and lending Further expansion based on public vote Final word What is most important and what mainly differentiates PRO BETS from other crypto based projects is that PRO BETS does have actual strategy on how to bring in money and benefit the holders. Within the team we have experienced and talented individuals that time and time again show the ability to consistently win and profit in sports bets in the long term. As a consequence that alone offers great opportunities to benefit and enrich holders in the long term. We believe in this project and we are here to stay! With best regards, PRO BETS team Contact details: TG: https://t.me/probetstoken Twitter: (2) Pro bets token (@Probets12) / Twitter Legal Disclaimer Investing in crypto currencies and or any other assets carries a certain amount of risk. As a result we anticipate that you will have the financial skills and expertise, understanding necessary to assess the risk of and participation in our project. We do believe in others in being capable and accountable to do their own research, assess the risks and consequently being able to take their own decisions on what to do or not to do next. By all means we are here to stay and be as transparent as we can but in the end it is all your decision and ALL OF THIS IS NOT A FINANCIAL ADVICE OR RECOMMENDATION, just our opinion. You do have a right to agree or disagree with it. This white paper was created for informative purposes only. It is not a product disclosure statement or an equivalent formal registered offer document under the securities laws of any jurisdiction. It does not contain all of the information or any independent review from any regulatory authority that such records are required to support investment decisions. Before relying on or acting on any information offered we highly advise you to conduct your own research and get independent expert financial advice. If you choose to make an investment based on the information provided, you do so entirely at your own risk. LIMITATION OF LIABILITY PRO BETS shareholders or any of their respective directors, officers, trustees, partners, agents, advisers, employees, or other representatives make no promise on the accuracy of the information included herein. PRO BETS expressly limits and accepts no liability for any claim made by any person or entity for any damage, loss or profits resulting from or arising out of reliance on any information containing herein or any circumstances giving rise to any claim to the fullest extent permitted by law. COMPLIANCE WITH TAX OBLIGATIONS Users of the PRO BETS are solely responsible for knowing what taxes might apply to the activities transactions they are involved in. It is not the responsibility of the owners or authors of the PRO BETS of who has to do what and when, it is all individuals responsibility.