Website

LetBet (LBT)

ICO

Last updated: Aug 19, 2018

Online gambling platform powered by blockchain.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industry	Gambling & Betting
Product type	Platform
Founded	Belize, 2017
Whitepaper	Open

Technical details

Players of the LetBet system increment their wager each time they win. LetBet offer different types of online gambling, such as sport betting, poker, bingo and others. LetBet will not limit LBT to its development team but will provide third-party developers with the opportunity to leverage on the platform. LetBet provides P2P smart contracts from the time when the game is initiated to the point where users result is seen and funds are transferred. All the games are based on smart contract and audited by the LetBet team as well as a third-party auditor. All payments will be carried out via the LetBet wallet.

What is LetBet

LetBet is an online gambling platform that aims at providing an anonymous online gambling platform with zero fee for all participants in a typical online gambling system powered by the LBT blockchain.

Details

Pre-sales: Jan 20, 2018 - Feb 14, 2018
Public sales: Mar 06, 2018 - Apr 05, 2018
Pre-sale token supply: 20,000,000
Token supply: 70000000

Legal

Registration country: Belize
Registration year: 2017

Office address: Goldson Highway, Belize City, Belize

Token info

Ticker: LBT
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 1.500000 USD
Accepted currencies: ETH
Bonus program:
Pre-ICO
The first 35% LBT will sell at a price of $0.4
The next 35% LBT will sell at a price of $0.5
The rest 30% LBT will sell at a price of $0.6
ICO
The first 20% LBT will sell at a price of $0.8
The next 20% LBT will sell at a price of $0.9
The next 20% LBT will sell at a price of $1
The next 20% LBT will sell at a price of $1.2
The next 10% LBT will sell at a price of $1.4
The next 10% LBT will sell at a price of $1.5
Token distribution:
Total supply - 199M
50% - ICO
15% - reserved for third-party developers
15% - held by LBT
20% - audit, bounty, affiliate program
Funds allocation:
30% - platform development
20% - betting development
20% - marketing, legal & professional costs
20% - reserve
10% - operation & other costs