BitSport launches BitPool V2, the world’s first AI-powered Web3 8 ball pool game; announces $BITP Balancer LBP event

Back in May, BitSport made waves after the launch of BitPool, a revolutionary AI-powered Web3 8 ball pool game built on blockchain technology. With the launch, BitSport’s blockchain-based play and earn gaming platform merged the classic 8 Ball pool experience with cutting-edge blockchain features, offering players a whole new level of fun.

Now, just a couple of months later, BitSport announced the launch of the highly anticipated BitPool V2. This upgraded version takes the excitement to a whole new level, offering gamers all around the world enhanced rewards and exciting gamification features.

And that’s not all; BitSport is also making strides in the crypto space. They’ve initiated a Balancer Liquidity Bootstrapping event on Fjordfoundry to introduce their governance token, $BITP.

In addition to all the great features of BitPoool V1, BitPool V2 brings cross-platform functionality and multiplayer features to players for the first time, transforming the gaming experience entirely. With BitPool, gamers can now enjoy exhilarating multiplayer action on any web browser or mobile device, taking the fun to a whole new level.

BitPool is a decentralized application based on Web3, combining the traditional 8-ball pool game with blockchain technology and a decentralized community of players. It offers the most advanced and realistic 8-ball video game experience, adapting to each user’s unique playing style. The game offers multiple modes, from tournaments and leagues to daily challenges and friendly matches against friends. What’s more exciting is its play-to-earn mechanics, where success in the game rewards players with crypto based on their achievements.

For BitPool enthusiasts, there’s a special event called the LBP (Liquidity Bootstrapping Pool) running from July 21 to 26. This event gives players an early opportunity to secure the game’s native cryptocurrency token, $BITP, which serves as the foundation of its gamified ecosystem. Participants in the LBP event will benefit from the growth of the $BITP token and enjoy advanced utility as BitSport’s Web3 gaming platform expands. The $BITP token is fully compliant and can be earned by players as they progress in the game. It can also be used to participate in BitPool’s governance and purchase NFT-based in-game assets, such as Pool Cues, Avatar Sticks, and Rare Balls.

The launch of BitPool V2 and the Balancer Liquidity Bootstrapping event on Fjord for $BITP tokens are significant milestones for BitSport. The concept of GameFi, which combines blockchain, cryptocurrency, and video games, is gaining traction, offering new opportunities for gamers and investors alike.

The pool genre itself is immensely popular, as evidenced by the Guinness World Record held by the 8 Ball Pool app for the most downloaded billiard game, surpassing one billion downloads in 2021. BitPool has the potential to tap into this massive player base, thanks to its innovative approach and the growing interest in GameFi.

Commenting on the launch, BitSport Co-Founder and CEO Charles Adenuoye said: “The GameFi industry presents significant potential for innovation and financial inclusion with the fusion of gaming and blockchain technologies. It creates opportunities for gamers to monetize their skills while enjoying themselves, and allows investors to participate in the growth of gaming ecosystems, encouraging the development of novel experiences.”

BitPool uses NFTs (Non-Fungible Tokens) to enable ownership and trading of in-game assets through a decentralized marketplace. This enhances player engagement and creates new economies within the gaming industry.

Founded just a few years ago, BitSport is a blockchain-based play-and-earn gaming platform that seeks to revolutionize the gaming industry through the integration of blockchain technology. By offering players a unique gaming experience and allowing them to earn cryptocurrency while playing their favorite games, BitSport is paving the way for the future of gaming.