$TURBO
ON ETH

Phase 1

1. Platform Development and Testing

• Complete development of Turboracing platform.
• Test functionality, including the Telegram betting bot, daily races, live broadcast, and factory car mode.
• Ensure seamless integration with ethereum blockchain.

2. Marketing and Promotion

• Launch marketing campaigns to generate awareness about Turboracing.
• Engage with crypto communities, gaming enthusiasts.
• Partner with influencers and content creators to reach a wider audience.

3. Initial Race and Broadcast testing

• Live broadcast race on Twitch & Telegram.
• Gather feedback from users to improve user experience.

Phase 2

1. Introduction of Investor Owned Cars

• Implement functionality for users to purchase investor-owned cars.
• Curate a list of cars available for purchase, all in 1/43 scale.ovate with new modes leveraging emerging tech and trends.
• Enable customization options for investor-owned cars.

2. Enhanced Race Modes

• Introduce custom race modes, allowing users to set up races between friends and colleagues.
• Enable customization of race parameters such as track layout, car specifications, and race rules.
• Facilitate seamless scheduling and participation in custom races.

Phase 3

1.Advanced Custom Race Modes

• Launch advanced custom race modes for crypto projects.
• Allow crypto projects to challenge/race against each other with a start fee and winner takes it all.
• The prize money will be used to buy back native tokens in the winner's project, and then burned 
• Provide opportunities for participating projects to present their projects in Turboracing Telegram channels for marketing purposes.

2. Community Engagement and Expansion

• Foster a vibrant community around Turboracing through interactive events, competitions, and giveaways.
• Expand partnerships with crypto projects, gaming communities. 
• Explore opportunities for cross-promotion and collaborations to grow the Turboracing ecosystem.

Phase 4: Long-term Sustainability and Evolution

1. Strategic Partnerships and Expansion

• Forge strategic partnerships with key players in the crypto and gaming industries.
• Continuously evolve and adapt Turboracing to meet the changing needs and preferences of users.

2. Research and Development

• Invest in research and development to innovate and differentiate Turboracing from competitors.
• Experiment with new game modes, features, and monetization strategies to sustain long-term growth and profitability.

Suppose we have the following variables:

1.Total bets placed on all choices: $1000

2. In-house gain percentage: 2% per game

3. Total losing bets: $900 (90% of total bets)

4. Total winning bets: $100 (10% of total bets)

Now, let's calculate the prize pool for the winners:
Total Losing Bets: $900 (calculated as 90% of total bets)
In-house Gain: $900 * 2% = $18
Public Prize Pool: Total bets - In-house gain = $900 - $18 = $882

Assuming there are 3 winners who bet on the winning choice and placed the following bets:
Winner 1: $30
Winner 2: $40
Winner 3: $30
Total winning bets: $30 + $40 + $30 = $100

Now, let's calculate the winnings for each winner:

Winner 1:

Share of public prize pool = (Bet amount / Total winning bets) * Public prize pool
= ($30 / $100) * $882
= $264.60

Winner 2:

Share of public prize pool = (Bet amount / Total winning bets) * Public prize pool
= ($40 / $100) * $882
= $352.80

Winner 3:

Share of public prize pool = (Bet amount / Total winning bets) * Public prize pool
= ($30 / $100) * $882
= $264.60

After calculating the winnings for each winner, we deduct referral gains (if applicable) and update the user balances accordingly. The remaining amount (after deducting referral gains) is added to each winner's balance, and the game logs are updated to mark the bets as "paid".

This process ensures fair distribution of winnings among the winners while accounting for in-house gains and potential referral bonuses. The calculations are based on the proportion of each winner's bet amount relative to the total winning bets placed on the winning choice.

How to start using $TURBO Racing Bot

1. Message the Bot:

• Start by messaging the official $TURBO betting bot on Telegram at @turbobet_bot.

2. Provide ETH Wallet:

• The bot will ask you to provide an Ethereum wallet address that holds $TURBO tokens or a wallet that you intend to top up with $TURBO tokens in the future. After providing your wallet address, use the /menu command to access the main menu of the bot.

3. Deposit $TURBO Tokens:

• To participate in the betting games, you need to deposit $TURBO tokens first. You will find a deposit button available in the main menu.

4. Send Tokens to Bot's Wallet:

• Follow the instructions to send the desired amount of $TURBO tokens to a specific Ethereum wallet address provided by the bot. It's crucial to send tokens only from the registered wallet you provided earlier.

5. Confirm Deposit:

• Once the transaction is successful, click the '✅Sent' button in the bot interface to confirm your deposit. The bot will process your deposit accordingly.

6. Check Balance:

• The bot will notify you once your balance is updated, or you can use the /menu command to check your current balance at any time..

7. Participate in Betting Games:

• You are now ready to participate in the betting games available in $TURBO 's official Telegram group. When a live game is announced, use the /bet {choice} {amount} command in the group to place your bet. The bot will confirm if your bet is successfully placed.

Good luck with your bets and enjoy playing with $TURBO tokens!