# About CBO

CBO is a platform token issued by Crybeto Intenational (crybeto.win) based on the BSC (Binance Smart Chain), sporting decentralization, anonymous transactions, and security.&#x20;

CBO represents Crybeto’s equity and is used for various ecosystem activities on the crybeto platform. Demand increases as the number of participants goes up, and the burning and scarcity mechanisms ensure that the value of CBO will be bullish long-term.

## CBO Token Data

* Token Name: CBO
* Contract Address:  0x4d72DE97d7894E69e93aFeb296eca8Fee6C998CF
* Blockchain: Binance Smart Chain (BEP20)
* Total Supply: 10,000,000,000 CBO
* Burner Transactions: <https://www.bscscan.com/token/0x4d72DE97d7894E69e93aFeb296eca8Fee6C998CF?a=0x000000000000000000000000000000000000dead>

## CBO Tokenomics

Total Supply: 10 Billion

Betting to Earn (Including bankers in the game): 70%

Airdrops & Event Rewards: 10%

Holdings by Founding Team, 2 year lock-up: 10%

Holdings by initial investors, 2 year lock-up: 5%

Referral Program Rewards: 5%

## Use cases of CBO

#### CBO Staking Bonus&#x20;

CBO Holders can participate in staking on the site to earn daily profit bonuses, and an official daily bonus pool of 3.33% will be added to each user’s account at 24:00 on the same day, which can then be withdrawn from 10:00-24:00 (GMT +8:00) the next day. The more CBO a user holds, the higher their bonus will be.

#### **CBO Trading**

The CBO swap system provides players with convenient real-time trading, players can trade CBO directly through the Crybeto website or Pancakeswap in real-time.

#### **CBO Buyback**&#x20;

The official daily buyback is 6.67% of the prize pool. All repurchased CBO will be destroyed to achieve a gradual appreciation of CBO.&#x20;

#### CBO Betting

CBO will be used as an online gaming medium, being used in various games betting and settlement mechanisms, with crybeto trying to support CBO as a circulating digital currency.

#### **The Right to Purchase NFTs**

In the future, the Crybeto team will introduce NFTs that can be purchased with CBO, either on our website or through other BSC marketplaces. NFT holders will also enjoy many other exclusive privileges that non-holders will not.

## How to earn CBO

* Play to earn (placing bets or being a banker), users can earn CBO by participating in games on Crybeto.
* Referring other users to participate in the games on Crybeto to earn CBO rewards.
* Following and actively participating in platform events, players will have more chances to earn CBO airdrops and various CBO rewards.


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