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LetsBet (XBET)

ICO

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.

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

Overview

Project industryGambling & Betting
Product typePlatform

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

LetsBet Roadmap

1
November 2017

Concept.
Prototype design and proof of concept.

2
December 2017

Development of Dapp.
Design and development of decentralized betting application.

3
April 2018

Testnet Release sale.
Release MVP on Testnet and token sale annoucement.

4
June 2018

Token sale.
Presale and regular ICO token sale using Dutch Auction.

5
July 2018

Improvemnts.
UX enhancements, providing multilingual support.

6
August 2018

Public Launch.
Launch on Mainnet and exchange listing.New Wallets.
Mobile wallet, in-browser built wallet and hardware wallet support.

7
October 2018

New Games.
Based on community decisions new games will be released.

Social media

LetsBet web-siteLetsBet RedditLetsBet MediumLetsBetYouTubeLetsBet TelegramLetsBet BTCTalkLetsBet LinkedInLetsBet TwitterLetsBet FacebookLetsBet Github

User rating:

5/5 ( 1 )
0

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