Website

LetsBet (XBET)

ICO

Published: Jul 23, 2018

LetsBet is a completely decentralized betting platform, allowing players to bet on the price of the hottest cryptocurrencies. Everyday there is a jackpot of all the bets for the lucky winner who has predicted the price closest to the real price at 8am and 8pm UTC.

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Overview

Project industry	Gambling & Betting
Product type	Platform
Whitepaper	Open

Bounty program

What is LetsBet

LetsBet is a blockchain based, decentralized P2P betting exchange, where people can challenge each other, bet on the results of games, predict the correct scores or prices of stocks, currencies, etc. The entire booking process on LetsBet is run by smart contracts, which use Solidity as the programming language. BetGameManager is the smart contract responsible for the storage of all game addresses and events for games created. BetPriceGame is the smart contract that holds the entire logic of every game. LetsBet issues XBET tokens, which are based on the ERC20 token standard. XBET tokens represent a share of the revenue which is made up by daily game jackpots that players can win on LetsBet.

Details

Public sales: Jul 07, 2018 - Aug 31, 2018
Token supply: 77,000,000
Soft cap: 1,000ETH
Hard cap: 2,816,600 USD
Raised: 835,000 USD

Legal

Country limitations: China,United States

Token info

Ticker: XBET
Type: Utility-token
Accepted currencies: ETH
Token distribution:
77% - Token Sale
18% - Team
5% - Bounty
Funds allocation:
25% - Development
25% - Operations
15% - Marketing
15% - Community Development
10% - Reserve
10% - Legal