Technical Breakdown of Wanna.Bot Protocol

1. Mission Statement

2. Vision

3. Market Analysis

4. Scenarios & User Stories

5. Betting Process

6. Key Technical Aspects

7. Betting Fees

8. Governance Token

9. Roadmap

10. Future Vision

At Wanna Bot, our mission is to redefine the essence of betting, to break the conventional boundaries and create a realm where possibility meets opportunity. We believe in a world where you are not just a spectator but a participant in the endless theatre of chance and skill. With Wanna Bot, you can bet on anything, with anyone — the limits are only dictated by your imagination. Our platform is a canvas for your betting creativity, where every choice is a story and every bet is a journey. Embrace the freedom to explore, to challenge, and to experience the thrill of betting in its purest form. This is not just betting; this is betting transformed, betting reimagined…

“Wanna Bot?!”

In the early 2000s, a cultural phenomenon emerged that would redefine entertainment: the TV show ‘Jackass’. Its blend of outrageous stunts and hilarious antics not only captivated audiences, but also ignited a spark that propelled platforms like YouTube into the stratosphere. These platforms became stages for the daring and the bold, where ordinary people turned into overnight sensations through their wild challenges and feats.

Fast forward to today, and this spirit of adventure and audacity finds a new home in Wanna Bot. Imagine a world where the excitement of these stunts is amplified by the thrill of betting. Wanna.Bot turns this vision into reality, allowing you to place bets on the outcome of such crazy escapades, adding an extra layer of exhilaration to each dare. It’s not just about watching someone perform a jaw-dropping stunt; it’s about being part of the action, feeling the suspense, and sharing in the triumph or the comedy of errors. Wanna Bot (WB) isn’t just a platform; it’s the evolution of a cultural phenomenon, a place where daring meets betting, and every challenge is an opportunity for excitement!

The Expanding Realm of Betting and Online Gambling

The global betting landscape is undergoing a monumental shift, with technology playing a pivotal role in shaping new opportunities. WB is strategically positioned at the cusp of this transformation.

Global Betting Market Size

The sports betting market is a colossal arena, currently valued at an impressive $91.94B in 2023. It is on a robust growth trajectory, expected to soar at a CAGR* of 10.3% to reach $245.79B by 2033 [1]. This substantial market size underscores the vast potential for platforms like WB, aiming to carve a niche in this expanding domain.

Online Gambling Growth

Reflecting a broader digital shift, the online gambling market is witnessing significant growth, expanding from $81.08B in 2022 to $88.65B in 2023. Projections indicate a continued upward trend, with expectations to grow to $125.6B in 2027 at a CAGR* of 9.1% [2]​​. This growth is indicative of the increasing acceptance and popularity of online betting platforms.

e-Sports Betting Market

The e-Sports betting market, a relatively newer segment, is experiencing a rapid surge. Valued at $840.67M in 2021, it is forecasted to expand at a staggering CAGR* of 25.54%, reaching $3.29B by 2027 [3]​​. This segment represents a significant opportunity for WB, given its focus on diverse betting options, including eSports.

The Potential of the Gaming and Cryptocurrency Audience

Gaming Community

The global gaming community provides a fertile ground for WB’s expansion. As of 2023, there are approximately 3.22 billion active video game players worldwide​​ [4], presenting a massive audience for engagement and conversion into potential bettors on the platform.

Cryptocurrency Users

The intersection of gaming and cryptocurrency is another key area for WB. With over 420 million crypto users globally [5]​​, WB’s integration of cryptocurrency betting taps into a growing demographic that is already familiar with digital currencies and likely receptive to online betting.

Gamer Streaming Viewership

Platforms like Twitch are testament to the engagement level in the gaming community. Twitch alone attracts over 35 million average daily unique users, with over 2.5 million average viewers at any given time, and monthly, 7 million streamers go live on the platform [6]​​​​. These numbers highlight the immense potential for platforms like WB to capture the attention of a highly engaged, tech-savvy audience.

Conclusion

The convergence of these trends — the growth of the global betting market, the rise of online gambling, the expansion of

e-Sports, and the engagement of the gaming and crypto communities — presents a unique opportunity for WB. With its innovative approach and diverse betting options, WB is poised to capture a significant share of this growing market, appealing to a wide range of users from casual bettors to avid gamers and crypto enthusiasts.

CAGR = Compound Annual Growth Rate

Embracing Diversity in Betting

WB reimagines betting, transforming it into an inclusive and versatile experience. Our ethos, ‘you can bet on anything, with anyone,’ is not just a slogan but a promise of endless possibilities.

Scenario Spectrum

• e-Sports Enthusiasts: Imagine betting live on the outcome of an intense e-sports championship, feeling the rush as your favourite team battles for victory.

• Political Pundits: Those with a keen eye on political tides can predict election outcomes or major policy decisions, adding an extra layer of excitement to global events.

• Sports Savvy: Traditional sports betting takes a novel turn with WB, where users can bet on everything from local football games to international cricket matches.

• Casual Challenges: Friends challenge each other over simple games or quirky dares, making everyday moments a source of fun and excitement.

User Stories (Categories)

Gaming (eg. e-Sports)

• Alex, the Gamer: A college student and gaming enthusiast, Alex uses WB to bet on e-sports tournaments. It’s not just about winning; it’s about being part of a community that shares his passion.

Sports (eg. Fantasy Football)

• Sam, the Social Bettor: Sam loves the camaraderie of betting with friends. Whether it’s a football match or season long fantasy league, he finds joy in the shared experience WB offers.

News (eg. Politics, Weather)

• Riya, the Risk Taker: A young professional with a knack for predictions, Riya enjoys betting on political events. WB gives her a platform to test her insights and engage with like-minded individuals.

Markets (eg. Crypto)

• Elena, the Crypto Enthusiast: As a crypto investor, Elena appreciates the ease of using her digital currency for betting. WB’s integration of crypto aligns perfectly with her lifestyle.

Casino (eg. Poker)

• Jade, the Casino Connoisseur: Jade loves the thrill of casino games like blackjack and roulette. Using WB, she enjoys these classic games online, experiencing the excitement of Vegas-style betting from home and connecting with fellow casino game lovers.

Conclusion

WB’s diverse range of betting options and its inclusive platform cater to a broad spectrum of interests and demographics. From the casual bettor looking for fun to the serious predictor seeking a challenge, WB has something for everyone. It’s more than a platform; it’s a community where every bet is an adventure, and every user has a story.

Placing a Bet

• The ‘proposer’ sets a minimum required bet from opponents. This is like setting minimum odds (price). This is also the point at which other bettors can join the proposer’s side.

• The proposer submits their detailed bet.

• A ‘Betting Pool’ is created for bettors to add their wagers. They can support (providing minimum % is met) or challenge the bet, but must use the same currency as the proposer.

• After the bet ends, winners get their [pro-rata] share from the losing side’s total funds.

Outcome Determination

• Bettors click ‘Complete’ after the result is known. The bet ends as soon as bettors holding more than half of the total bet amount on each side have clicked.

• Bettors select ‘Won’ or ‘Lost’. As soon as either option has been chosen by bettors holding more than half of the total bet amount on each side, then this becomes the final decision.

• If the sides disagree, then bettors can either select ‘Dispute’ or go back and change their choice.

• The bet settles as soon as over 50% agree on a choice, or it goes to the dispute process as soon as anyone selects ‘Dispute’.

Dispute Process ($10 fee)

• In case of a ‘Dispute’, bettors must provide evidence within 24 hours.

• An independent referee then reviews the evidence to make a decision.

• If the outcome is unclear either way, the bet is void, but the fee still applies.

Future plans include decentralising this process with $WANNA governance token holders.

Layer-Two Scaling Network

WB will leverage the power of Arbitrum, a Layer Two scaling network on Ethereum, specifically chosen for its ability to handle the high volume of transactions that our platform anticipates. This innovative approach ensures not only lightning-fast transaction speeds but also the viability of bets of all sizes, from the grand to the modest. By optimising for low transaction costs, WB makes the world of betting accessible and practical for every potential bettor, regardless of the bet size.

Security Measures

At the core of WB’s commitment to its users is robust security, exemplified by our implementation of an escrow contract (ie. ‘Betting Pool’). This contract acts as a trustless intermediary, guaranteeing that all parties involved in a bet are secure in their transactions. Winnings are held securely and distributed fairly, ensuring peace of mind for every user. This system of escrow not only enhances trust in the platform but also reinforces WB’s dedication to providing a safe and reliable betting environment. These contracts will be audited by industry specialists.

Stable-Coins: 5%

ETH: 2.5%

• 80% to Holders

• 20% to Treasury

$WANNA: 0.5%

• 50% to Holders

• 40% Burned

• 10% to Bet Proposer — Must hold [min] 1,000 $WANNA, otherwise burned as well.

A) Utility

Revenue Share: Token holders receive a pro-rata share of 80% of [non $WANNA] platform revenue, with the remaining 20% going to the treasury to cover operational costs. Holders also receive 50% of $WANNA revenue (see below).

Fee Discount: Bettors will receive a 50% discount on fees when betting with $WANNA. 50% of $WANNA fees generated will be distributed to holders, 40% burned and 10% goes to the bet proposer, providing they hold at least 1,000 $WANNA (as stated above), otherwise this portion is burned too.

Rewarding Loyal Users — Bet & Share 2 Earn

• Earn Tokens by Betting: Place bets on WB to earn tokens.

• Invite Friends for More Tokens: Get extra tokens when your invited friends place bets.

• Boost Tokens with Social Media: Share your wins on social media. The more views your posts get, the bigger the boost to your tokens (up to 2x boost).

Refer a Friend

Referrers will receive a % of fees generated by referees depending on their volume:

• Base Level: 5%

• Any volume >$75k: 7.5%

• Any volume >$100k: 10%

Referees will receive a 5% discount on fees.

Bet & Burn

The WB team will set thrilling bets using $WANNA tokens from 1/2 of the buy tax. Win, and we burn the winnings, boosting token value. Lose, and you, the lucky bettors, score the tokens! It’s a win-win for everyone holding $WANNA!

B) Tokenomics

Distribution - We've strategically allocated tokens to ensure long-term growth and value for all stakeholders:

• Seed Funding (~17.6%): This significant allocation allows us to raise substantial capital for platform development and marketing, accelerating our growth and enhancing the platform's value.

• Liquidity (~25%): Ensuring liquidity in the market is crucial for the stability and reliability of our token, benefiting all users and stakeholders. 10% will be released at TGE, with the remainder vesting linearly over 3 months. It will be added gradually as price rises, to reinforce price floors incrementally on the way up. Any unlocked tokens not yet added to LP will sit securely inside a multi-sig wallet, with any liquidity added being locked for minimum 1 year.

• Incentives (~33%): Vested linearly over 24 months, this allocation is designed to incentivise and retain users, fostering a vibrant and active community, which is key to our platform's success.

• Treasury (16%): Vested linearly over 8 months, these funds are reserved for marketing (Partnerships / KOLs) and development, ensuring the platform's continued presence and innovation. These tokens will be secure inside a multi-sig.

• Airdrop (3.4%): A short-term 2 month vesting + 1 month cliff helps attract initial users while maintaining token stability. Due to its size, this airdrop will be further subdivided across multiple campaigns (eg. Social media tasks, Meme competitions, fun & viral social challenges etc).

• Team (5%): With a 13 month cliff + 5 months linear vesting period (18 months total), this aligns the team's interests with the long-term success of the platform, ensuring commitment and sustained progress.

This distribution balances immediate growth needs with long-term stability and community engagement, aligning with our commitment to delivering lasting value to all stakeholders, as well as users.

Release Schedule [Max] Total Supply = 100M

D3 SeedPad [Airdrop]

Based on the final amount raised (84.562 Eth),

out of [a maximum] 120 Eth (1200 D3 NFTs * 0.1 Eth);

Seed-backers / L-NFT holders will receive a total allocation of; ~17.617% of total supply / [max] 25%.

With a total supply of 100M, this equates to ~17,617,083.33 $WANNA tokens, and a token price of 0.0000048 Eth.

Therefore;

0.1 Eth = 20,833.33 $WANNA

0.066 Eth = 13,750 $WANNA

Token Tax

Buy Tax: 4% (2% to Treasury / 2% to Top Referrers)

Sell Tax: 4% (2% to Holders / 2% to Bet-&-Burn)

WB is committed to continuous innovation and expansion. Our development roadmap includes (in no particular order):

• Discord Betting Bot: This will enhance user experience by enabling seamless betting within a popular community platform (particularly amongst gamers).

• Live Streaming in Discord: This will enrich the social aspect of the platform by facilitating extra engagement with more fun and interactive betting.

• Featured & Sponsored Platform Bets: Creating unique betting opportunities that are mutually beneficial for users and token holders.

• e-Sports Tournaments: Hosting and streaming e-sports events will significantly attract a dedicated audience.

• Partnerships: Collaborations with complementary platforms will boost awareness and reach.

• Multi-Chain Expansion: Broadening the platform’s reach across various blockchain networks.

• Fiat On-Ramp: Facilitating easy conversion from fiat to cryptocurrency can help onboard a broader audience.

• Crypto Futures: Introducing unique futures betting for the crypto market.

• Mobile App Development: Creating a user-friendly mobile app to make betting more accessible.

• NFT Betting: Revolutionise your betting experience by wagering with NFTs! In the exciting world of gaming and e-sports, betting with in-game assets will add an electrifying new dimension to the thrill of the game.

Note: Chronological roadmap with estimated timeframes will follow.

Envision a world where Wanna Bot is synonymous with online crypto betting — a dynamic hub where betting is not just a transaction but an experience. In this future, Wanna Bot stands as a beacon in the betting industry, revolutionising how bets are placed and settled. Our platform transcends traditional boundaries, offering a rich tapestry of betting options that cater to diverse interests and demographics. With cutting-edge technology, strategic partnerships, and a relentless drive for innovation, Wanna Bot is not just part of the betting industry’s evolution; it’s leading it. This is a future where every bet tells a story, and Wanna Bot is the stage where these stories unfold.. “Wanna Bot ?!”

Disclaimer

Adapting for Excellence

This WhitePaper serves as a dynamic blueprint, reflecting our adaptability to the ever-evolving blockchain and Web3 technologies. Our commitment to offering the best possible user experience means we are open to making positive changes, ensuring our platform remains at the forefront of innovation and user satisfaction.

Decentralising Governance

$WANNA token holders can suggest and vote on new features or changes for the WB protocol. Votes are based on how many tokens you have. But remember, voting is only for the WB protocol’s features — not for company decisions or ownership rights. $WANNA doesn’t give you a say in company management, asset distribution, board member selection, or any equity in the company. It’s not part of a joint venture or partnership.

Once governance starts, no single person or company will control the WB protocol. We’ll add ways for anyone not in the WB team to help update or improve the system, based on community votes. So, changes to the system will come from its users, not just us.

Further Info on $WANNA Token

$WANNA doesn’t represent a share in any company or promise profits or returns. It’s not a traditional investment or security. Owning $WANNA means you can use it within the WB protocol. The price of $WANNA in the market isn’t controlled by us and doesn’t depend on our work.

$WANNA is about participating in the ecosystem. The more you participate, the more rewards you can earn. But these rewards are not guaranteed or implied.

Sources

[1] https://www.globenewswire.com/news-release/2023/11/23/2785126/0/en/The-Global-Sports-Betting-Market-is-Anticipated-to-Expand-Notably-and-Exceed-US-245-792-4-million-in-2033-Future-Market-Insights-Inc-Projection.html#:~:text=NEWARK%2C Del%2C Nov,increasing demand for sports betting

[2] https://www.globenewswire.com/en/news-release/2023/03/15/2627922/28124/en/Global-Online-Gambling-Market-Report-2023-Major-Players-Include-888-Holdings-Bet365-Betsson-William-Hill-and-VGC-Holdings.html#:~:text=The global online gambling market,1

[3] https://consent.yahoo.com/v2/collectConsent?sessionId=3_cc-session_6a1eb43d-a3c7-4364-9170-51eabeeff625#:~:text=The global eSports Betting market,24 million by 2027

[4] https://www.demandsage.com/gamers-statistics/#:~:text=This introduction explores the latest,United States as of 2023

[5] https://investingintheweb.com/crypto/crypto-ownership-by-country/#:~:text=According to this study%2C the,420 million crypto users worldwide

[6] https://www.cloudwards.net/twitch-statistics/