BetFury introduces Squad feature

A Squad needs to have at least 50 members to qualify for rewards

Squads is a brand new feature on the crypto gambling platform BetFury that is aimed at fostering teamwork between users and their friends so as to increase the number of crypto earned. This means that players can now work together in groups where they will be able to accumulate more points collectively and therefore enjoy higher rewards.

When creating a group, players can either start their own Squad or join an existing one. If they decide to create one, select “Create Squad” and then link it with a Telegram chat where the creator is the admin.  Players can also choose if the Squad will be public or closed. Notably, there must be a minimum of 50 members in a Squad in order to qualify for Cryptodrop rewards.

In case a player wants to leave a Squad, their earned points remain in the Squad. However, if they join another Squad,  there will be a 2% fee on all of their points.

The benefits attached to being part of any Squad cannot go unnoticed, especially considering that every single point collected by the teams earns team players a 10% bonus.  Additionally, 5% more are added to all of their personal points and 5% are added to the Squad’s vault. As an example, if a players has accumulated 5,000 points, he or she will get 250 extra points and another 250 points will go to the Squad’s vault.

At the close of a Cryptodrop event, all accumulated points within each Squad’s vault are converted into cryptocurrency and then are distributed among the Squad members under the condition the Squad has 50 members. The distribution allocates 20% of the rewards to the Squad creator, 70% are divided among the active members, 5% goes to $BFG burning and the last 5% are for operational costs.

In case a Squad has less than 50 members all of the rewards are transformed into $BFG and are burned.

Every Squad has its own leaderboard showing top performers based on the total number of points earned thereby motivating competitiveness among members as well giving an opportunity for those ranked higher to receive a larger share from their respective Squads’ vault.

Additionally, creating or joining a Squad contributes to fulfilling some Social Quests on the BetFury platform, which brings even more rewards.

Another event from BetFury where participants can vie for exciting rewards is the recently launched BetFury Cryptodrop.

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Written by Silvia Pavlof

Silvia has explored various forms of writing, ranging from content creation for social media to crafting movie scripts. Drawing on her experience as a journalist specializing in the gambling sector, she is currently investigating the impact of cryptocurrencies and blockchain on traditional gambling and iGaming.