After looking at such incredible statistics , We the founding members of Bravo, looked for betting platforms where users can compete with each other in-game and place wagers for tournaments.
To our surprise we barely came across a handful of platforms, and none of them were decentralized or on the blockchain, so we decided to solve this problems ourselves.
How does BRAVO! Work?
BRAVO! Is a completely decentralized platform on the binance smart chain where users can take part in various in-game tournaments by joining the challenges by paying the entry fee in cryptocurrency.
Bravo has an house-edge of 10% of every contest, which goes for buybacks of the $BRV token, which is the native token of the BRAVO! Ecosystem
Working Model of BRAVO!
Suppose 5 gamers namely John, Sam, Will, Bill and Alex join a pubg tournament (entry fee 100 usd and prize pool 450 usd) by contributing an entry fee of 100 usd each. After the match ends, we have Alex as the winner, so what happens is Alex takes all the prize pool home and a small (10%) of the prize pool goes to BRAVO! Which in turn will be used for buybacks and developments!