# Introduction {*REDACTED*} is an upcoming online crypto casino with native NFTs, referred to as VIP Passes, integrated directly into the rewards and leveling system. The goal with {*REDACTED*} is to 2-fold, to build the most rewarding crypto casino and to bridge, and cross-promote crypto gambling and NFTs. {*REDACTED*} will conduct a sale for the VIP Passes whereby stakers of the passes will receive boosted rewards in the Casino. These include but are not limited to; free monthly bets, instant EXP boost to Titanium, EXP multiplier, increased rakeback, and much more. {*REDACTED*} is the culmination of the efforts put into the Moonbears project, launched in April 2022, Moonbears started off as a utility project, known for the fastest node in the space alongside a plethora of other utilities such as access to bots, tooling, and staking. Given the die-hard support from the community, all Moonbears stakers will be qualified to receive 30% of total net gaming revenue distributed monthly and claimable via the Moonbears staking dApp. {*REDACTED*} will contain a variety of different games, these will include custom-built originals, all the popular slots, live games by the various providers, and a sportsbook. In the long run, {*REDACTED*} is interested in exploring new and unique games of chance where NFTs are more tightly integrated into the gameplay experience. This document serves as a litepaper to provide details and specifications into the rewards and leveling system, revenue distribution, and a high-level roadmap. # Leveling System The core of {*REDACTED*}'s rewards system boils down to leveling. ``` 1 EXP = $1 Wagered ``` {% hint style="info" %} VIP Pass stakers unlock multipliers earning them EXP faster than non-stakers. {% endhint %} {% hint style="info" %} Dollar value is derived from the crypto asset to USD rate at the time of wagering. {% endhint %} ## Levels 1. **Steel** — *10K EXP* 2. **Cobalt** — *50K EXP* 3. **Tungsten** — *100K EXP* 4. **Titanium I** - **Titanium III** — *250K - 1M EXP* 5. **Platinum I** - **Platinum III** — *2.5M - 10M EXP* 6. **Grandmaster** — *25M EXP* The more you wager the more EXP you gain, allowing you to level up to unlock various rewards. ## Level Boosting Depending on the tier of the VIP Pass, if staked, will boost the player's level to unlock rewards and bonuses at an expedited rate. Level boosts do not stack, we will take the player's highest tier pass that's staked as the level booster. The player will not receive level-up bonuses as a result of their boost, however, the rest of the available bonuses will be derived from your boosted level. To learn more about the VIP Passes and how they enhance your experience, visit the [VIP Passes](/vip-rewards/vip-passes) page. ## Bonuses The following table is a summary of the various rewards, bonuses, and privileges you can unlock as you level up.
What?How?
RakebackA percentage of the player's rake (house edge) given back to the player. Instantly claimable, no rollover.Starts off at 6% and scales up to 20% as the player levels up.
Weekly/Monthly BonusA once a week/month a bonus is issued based on the player's activity. No rollover.Bonus is based on the player's level, total wagered, and total losses since last bonus.
Level Up BonusAs the player gains EXP and levels up, additional bonuses will be unlocked. No rollover.Fixed base amount for each level.
Raffle TicketsAs the player gains EXP and levels up, free raffle tickets for current and/or upcoming raffles will be issued.Redeeming tickets will enter the player into a raffle. The more tickets redeemed the higher the chance of winning the prize.
VIP HostDirect contact to VIP host through Discord or Telegram. Players will be able to be in direct contact with their VIP host for custom perks and benefits, additionally the hosts will be able to give players additional rewards on top of their monthly rewards based on recent activity.Unlocked at Platinum. Decisions made by the VIP host are discretionary and based on the player's activity.
Birthday BonusesAll verified accounts will be able to claim a once a year birthday bonus, the account must be KYC’d to claim this.Birthday bonuses are based on the account's rank.
Increased and/or Custom LimitsRequest for increased or custom limits on casino and sportsbook bets.Available to Titanium ranks and can scale as you level up. Speak to support or your VIP hosts about your limits.
IRL BenefitsExpensive watches to luxury cars, the top players will be rewarded in ways never seen before. Bespoke bonuses will be plentiful for all high rank players.Available to all Platinum ranks.
To understand these bonuses in further detail visit the [Bonuses ](/vip-rewards/bonuses)page. # VIP Passes VIP Pass holders are the core of {*REDACTED*}'s community and therefore deserve the best rewards possible for every dollar wagered. Each pass comes with substantially enhanced perks from one tier to the next. There will be no additional reward-enhancing passes or NFTs issued by the casino except for these passes. These are lifetime passes and provide lifetime perks for as long as they are staked.
💎 Diamond Passes (700) 1. **$600** in monthly FREE bets (15x rollover). 2. **1M** EXP Boost (Your account automatically starts at **Titanium III**). 3. **1.5x** EXP Multiplier (Get 1.5 EXP for every dollar wagered). 4. **3x** EXP Multiplier for Sportsbook (Get 3 EXP for every dollar wagered). 5. **20%** Rakeback (Max rakeback percentage). 6. **Maximum** enhancement to all weekly and monthly bonuses. 7. **Maximum** allocation for all future airdrops. 8. **Maximum** free tickets to raffles. 9. **Maximum** parlay boosters and multipliers with the release of the sportsbook. 10. **Maximum** multiplier to revenue share (if staking a bear too). ``` Mint price: 0.6 ETH 500/700 will be mintable 200/700 will be distributed amongst top silver pass buyers ```
🧈 Gold Passes (1750) 1. **$200** in monthly FREE bets (15x rollover). 2. **100K** EXP Boost (Your account automatically starts at **Tungsten**). 3. **1.25x** EXP Multiplier (Get 1.5 EXP for every dollar wagered). 4. **2x** EXP Multiplier for Sportsbook (Get 3 EXP for every dollar wagered). 5. **+8%** Rakeback (Capped at 20%). 6. **Increased** enhancement to all weekly and monthly bonuses. 7. **Increased** allocation for all future airdrops. 8. **Increased** free tickets to raffles. 9. **Increased** parlay boosters and multipliers with the release of the sportsbook. 10. **Increased** multiplier to revenue share (if staking a bear too). ``` Mint price: 0.15 ETH 1250/1750 will be mintable 500/700 will be distributed amongst top silver pass buyers ```
🔘 Silver Passes (4550) 1. **$20-$100** in monthly FREE bets (15x rollover)\*. 2. **50K** EXP Boost (Your account automatically starts at **Cobalt**). 3. **1.15x** EXP Multiplier (Get 1.5 EXP for every dollar wagered). 4. **+5%** Rakeback (Capped at 20%). 5. **Slightly increased** enhancement to all weekly and monthly bonuses. 6. **Slightly increased** allocation for all future airdrops. 7. **Slightly increased** free tickets to raffles. 8. **Slightly increased** multiplier to revenue share (if staking a bear too). ``` Mint price: 0.03 ETH or more (pay what you want) 4550 will be mintable - top 200 buyers will receive a free Diamond pass (airdropped) - top 500 buyers will receive a free Gold pass (airdropped) ```
## Free Bets Once a month all pass stakers will be entitled to claim a free bet bonus. These bonuses depend on the number of passes and the tier of the passes staked. There are no caps on the free bet bonuses, however, the bonuses will require a 15x rollover before they can be converted to USDT. ## Stacking Passes Other than level boosting, the more staked passes a player has, the higher their rewards. #### Rakeback Rakeback is stacked additively and capped out at 20% - Max rakeback percentage. #### EXP Stacking The EXP multiplier scales based on the following table: | # of Passes | Diamond | Gold | Silver | | ----------- | ------- | ----- | ------ | | 1 | 1.5x | 1.25x | 1.15x | | 2 | 2x | 1.5x | 1.35x | | 3 | 2.5x | 1.7x | 1.55x | | 4 | 3x | 2x | 1.75x | | 5 | 4x | 2.2x | 1.95x | | 6 | | 2.5x | 2.15x | | 7 | | 2.7x | 2.35x | | 8 | | 3x | 2.55x | | 9 | | 3.5x | 2.75x | | 10 | | 4x | 2.95x | | 11 | | | 3.15x | | 12 | | | 3.35x | | 13 | | | 3.55x | | 14 | | | 3.75x | | 15 | | | 4x | {% hint style="info" %} Total EXP multipliers for both casino and sportsbook are derived from the sum of the player's multipliers across all tiers. {% endhint %} {% hint style="info" %} For casino bets, EXP multipliers cap out at 4x the wagered amount. {% endhint %} {% hint style="info" %} For sportsbook bets, EXP multipliers are [slightly different](/vip-rewards/vip-passes/sportsbook-exp-multiplier) and cap out at 6x the wagered amount. {% endhint %} #### Weekly/Monthly Bonus Enhancement The player's weekly and monthly bonuses can also be enhanced via stacking. The multipliers follow the same EXP multiplier stacking progression found above. #### Raffle Tickets and Airdrops Raffle Ticket claims and airdrops can also be enhanced via stacking. The multipliers follow the same EXP multiplier stacking progression found above. #### **Revenue share** When staked alongside bears, stacking staked passes can increase your revenue share for the next revenue distribution. Learn more on how stacking staked passes can affect revenue share in our [Revenue share](/moonbears/revenue-share) page. ## Reveal There will be a total of 2 reveals for the VIP passes.\ \ Upon mint, each pass in the same tier will have the same image/video associated to the NFT. Shortly after, there will be a trait/rarity reveal showcasing the real value of the passes with the addition of new perks. This will take place with the beta launch of the casino. The final reveal will be a full art reveal where your VIP passes will transition into a brand new NFT with new traits, characteristics and perks with each being unique to its tier. \ \ The final reveal will occur after our main launch and full casino release. # Sportsbook EXP Multiplier For Sportsbook betting the EXP multiplier scales and caps out slightly differently from casino betting. The total EXP multiplier will cap out at 6x for Diamond and Gold passes. | # of Passes | Diamond | Gold | Silver | | ----------- | ------- | ----- | ------ | | 1 | 3x | 2x | 1x | | 2 | 6x | 3.75x | | | 3 | | 4.5x | | | 4 | | 6x | | | | | | | # Bonuses ## Rakeback Rakeback is {*REDACTED*}'s primary reward mechanism. It is a passive way for players to receive a percentage of their bet back. Rakeback is calculated as follows: ``` Rakeback = Wagered Amount * Rakeback % * House Edge ``` {% hint style="info" %} The base rakeback percentage for new players is 6%. As players level up, higher percentages get unlocked. Rakeback percentage is capped at 20%. {% endhint %} {% hint style="info" %} VIP Pass stakers unlock higher percentages immediately. Staking multiple passes will stack rakeback bonuses additively and cap out at 20%. {% endhint %} ## Weekly/Monthly Bonuses The weekly and monthly bonuses work very similarly. The bonus received is dependent on the following factors: * **Base amount** — Fixed dollar bonus based on the player's level * **Wager bonus** — A multiplier on the total wagered since the last bonus was issued. The multiplier is enhanced by the player's level and staked pass(es). * **Lossback bonus** — A bonus based on whether the player's account is in a loss since the last bonus was issued. The lossback multiplier is enhanced by your level and staked pass(es). #### Profit and Loss formula based on when the last bonus was issued: ``` P/L = Current Balance - Opening Balance - Deposits + Withdrawals ``` #### Formula to calculate weekly/monthly bonuses: ``` Bonus = BaseAmount(level) + ( ( BonusMultipler(level, wager, passes) x TotalWageredSinceLastBonus ) x LossbackMultiplier(level, loss) ) ``` ## Level Up Bonuses Each time a player levels up a cash reward will be issued. Once claimed this bonus is automatically added to the player's USDT balance and will not have any rollover. Level-up bonuses will only be issued when the player's total wagered amount hits the required threshold for the next level. It will not factor in the EXP boost players receive from staking VIP passes. In essence, we are storing and keeping track of both the actual level and the boosted level under each player's account. The level-up bonus amounts for each level are fixed and will be made available to the public prior to launch. ## Raffle Tickets {*REDACTED*} will be hosting various NFT raffles, some of these will be periodic while some would be based on social media activations, seasonal events, and random surprises. The more tickets a player has for a raffle, the higher the chances of winning. As the player gains EXP and levels up, raffle tickets will also be issued in addition to your dollar bonus. If the player has staked VIP passes, additional raffle tickets will be issued based on the number and tiers of the passes. Raffle ticket claims and airdrops can also be enhanced via stacking. The multipliers follow the same [multiplier stacking progression for EXP](/vip-rewards/vip-passes#exp-stacking). Additionally, players with staked VIP passes will be able to create their own raffles with NFTs from their own wallets. Anyone is able to enter these player-created raffles whilst adhering to any limitations set by the raffle creator. # Airdrops ## Native ERC-20 {*REDACTED*} will eventually issue its own ERC-20 token which will act as the primary governance token. Token holders will have voting rights for various decision-making necessary for ensuring business growth, soundness, and longevity. Whilst this token will be allocated to Moonbears and VIP Pass stakers, a part of the airdrop allocation of the token will be allocated for casino rewards and bonuses. {% hint style="info" %} The launch of the native token will be timed at our discretion. We will announce ahead of time, however, this is dependent on our ability to back and maintain the liquidity pool and the legalities associated with that. {% endhint %} There will be multiple batches of this airdrop and long time stakers of Moonbears will receive the largest allocation. # Affiliate Program Coming soon... # Revenue Share 30% of {*REDACTED*}'s net gaming revenue (total wagered - total wins - withdrawal bonuses) will be distributed to Moonbears stakers. The revenue distribution mechanism works on a point-based system: | Staked NFT | Points | | ----------------- | --------- | | Moonbear | 1 Point | | with Diamond Pass | +3 Points | | with Gold Pass | +1 Point | | with Silver Pass | +¼ Point | Upon reaching the target snapshot block, all wallets containing staked Moonbear(s) will have a total point associated. If the wallet has pass(es) staked alongside the Moonbear(s), the bonus(es) will be added up to a total point value associated with that wallet. Additional requirements to qualify for revenue share (all of these requirements need to be met): 1. Must be staking at least one bear 14 days prior to snapshot date 2. Must be staking at least one pass 14 days prior to snapshot date 3. To get points off your VIP Passes they must be staked 1:1 with a Moonbear A particular staker's share will be the percentage share of the total point value associated with that wallet against the total points across all qualifying wallets. {% hint style="info" %} Moonbears and VIP Passes need to be staked at least 14 days prior to be qualified for revenue share. {% endhint %}
Calculation Example {*REDACTED*} issues monthly P\&L and reports a $500,000 net gaming revenue. All eligible stakers will receive $150,000 (30%) distributed based on the points derived on the snapshot block. **Let's assume we have the following stakers**\ **(staked for 14 days prior to snapshot date):** * Staker A (2 x Moonbears, 1 x Diamond Pass, 1 x Gold, 5 x Silver) * Staker B (20 x Moonbears, 2 x Diamond Pass, 2 x Gold) * Staker C (3 x Moonbears, 1 x Silver) * Staker D (1 x Moonbears) **Their points would be as follows:** Staker A ``` = 2 + (3 + 1) = 6 ``` Staker B ``` = 20 + (6 + 2) = 28 ``` Staker C ``` = 3 + (0.25) = 3.25 ``` Staker D ``` = 1 ``` **Their payouts would be as follows:** Total points across all stakers ``` = 6 + 28 + 3.25 + 1 = 38.25 ``` Staker A ``` = $150,000 x 6/38.25 = $23,529 ``` Staker B ``` = $150,000 x 28/38.25 = $109,804 ``` Staker C ``` = $150,000 x 3.25/38.25 = $12,745 ``` Staker D ``` = $150,000 x 1/38.25 = $3,922 ``` Total distributed = $23,529 + $109,804 + $12,745 + $3,922 = $150,000
# $MOON Moonbears accumulate $MOON from staking which can be used to claim free bets, leveling EXP rewards, enhanced rakeback timers, free slot bonus buys, and more. Additionally, $MOON will be used to purchase seasonal passes for the casino and the moonbear ecosystem. Seasonal passes will be purchasable with both $MOON and $ETH, these passes will bring exclusive badges, perks, and rewards for your casino account and Moonbears. Additionally, each season will be in conjunction with another project and provide perks within their ecosystem on top of Moonbears. Rewards will range anywhere from ETH, to NFTs, to Casino rewards and even IRL goodies\ \ On top of the Seasonal passes $MOON is redeemable for multiple casino rewards and perks. $MOON can be used to purchase free bets which can be used anywhere within the casino. These free bets will have the same rollover as all other free bets (15x). $MOON can also be used to purchase slot bonus buys entirely and all winnings will be paid directly to the player! Rakeback rewards and leveling EXP are two additional things that $MOON will have full access to. More perks to be revealed after launch. Certain Moonbear traits also have special perks within the casino. Gold and Cosmic bears tie your account to maximum rakeback. Additionally, gold and cosmic bears will receive ALL seasonal passes for free indefinitely. That saved $MOON can be used for exclusive rewards and allocations only golds/cosmics will receive. There is one more utility for cosmic/gold bears yet to be revealed so keep an eye out. (All 1/1s will be included in the perks mentioned for cosmics/golds) # Licensing and Fairness {*REDACTED*} will be functioning on a Curacao Gaming License. The license will be provided by the Malta Gaming Authority and will be registered shortly after VIP passes mint. ## Providers Currently projected providers are as follows: * AvatarUX * Big Time Gaming * ELK studios * Gamomat * Hacksaw * NetEnt * Nolimit City * Play N Go * Pragmatic Play * Push Gaming * Quickspin * Red Tiger * ReelKingdom * Relax Gaming * Thunderkick * Yggdrasil These providers will include most slots and live games that are currently out there. ## Provably Fair Technology When you open the game page the server generates a secret and a seed and reveals its hash (using HMAC SHA256 algorithm). The server secret represents a randomly shuffled card deck. The server seed is a cryptographically secure random alpha-numeric string. The hash of these 2 strings helps to ensure that the result is not altered after you choose the bet amount. After the game is finished the server secret and the server seed are revealed, so you can easily calculate and verify the hash. When you play a game you can pass an extra custom string - client seed (if it's not specified a random number is automatically generated by your browser). The server will then calculate another hash using the server secret, the server seed, and the client seed. In the event of a card game, the last 5 chars of this hash (representing a hexadecimal value) will be converted to an integer. The result number will be divided by 52 (number of cards in the deck) and N cards will be cut (moved from the top to the bottom of the deck), where N is the remainder of the division. Because the client seed can not be predicted by the server the number of cards cut from the initial deck is completely random and hence you can be sure that the game result is fair. Similar approaches apply to the other original games. Fairness for live games, slots, and sportsbooks will be handled by the relevant provider. # Supported Currencies For launch {*REDACTED*} will support nearly all major currencies and ERC-20 Tokens. **Current supported currencies/tokens:** * USDT * USDC * ETH * BTC * BCH * LTC * BNB * ETC * DOGE * TRX * XRP * ZEC * and more to come... # Roadmap ## Phase 0 - Licensing and Legalities Shortly after mint, we plan to register a Curacao Gaming License immediately. On average these take 2-6 weeks to approve, so our goal is to register as soon as possible to make sure we release in a timely manner. In addition to the license, we will finalize all legalities with revenue share, our technology, and our raffle systems to make sure we don't breach any potential legalities. ## Phase 1 — Pre-release Casino Demo Prior to full release and before license approval, we plan to release a demo of the casino. This demo will consist of most features within the casino, however, you will only be able to wager play money to test out the various features. This period will be used to stress test the casino and provide people with a demo of how the casino will function, additionally, it will allow users a preview of what our full launch will entail. This initial release will not come with all features and will function similarly to a beta launch. ## Phase 2 — Launch We plan to launch as soon as all licenses are approved and after the initial round of testing. The launch will come with the majority of features mentioned in this litepaper and all popular currencies supported. ## Phase 3 — Revenue Share and Claim dApp Shortly after launch, the revenue share dApp will go live and all holders will be able to proceed to claim their revenue. Revenue will be split once every month and you will have until the next distribution to claim. Any revenue not claimed before the next distribution will go back to casino management where it may be raffled amongst players at our discretion. ## Phase 4 — Sports Betting After the launch of the claim dApp, we will release our sports section. The sports section will allow traditional match betting, parlays, and more. The sports section will consist of most esports and sports available with substantial limits across the board. The provider for {*REDACTED*} sportsbook will be Pinnacle. ## Phase 5 — {*REDACTED*} ## Phase 6 — {*REDACTED*} # Responsible Gambling If you have concerns about your gambling habits and feel like you may need help, we urge you to seek advice from accredited organizations and professionals that can offer support and advice. Some recommendations include: * [Responsible Gambling](https://www.responsiblegambling.org/) * [GambleAware](https://www.begambleaware.org/) * [GamCare](https://www.gamcare.org.uk/)