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CyBet

CyBet

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Decentralised Blockchain Betting Platform. The CyBet community main idea is to set up a fully decentralized betting club based on the blockchain. CyBet Club platform with CyBet allows you to set betting odds or place a bet on major sports anywhere in the world using secure smart contracts. CyBet is decentralized and is self-regulating. No more worries about regulations or betting companies also known as bookmakers. In addition, the betting platform will ensure that all CyBet Club members are 100% anonymous and thus protecting identities. CyBet Club members will use preferred nicknames in the betting platform.

100% of CyBet Club operating revenue is used to reward the CyBet token holders for their loyalty by taking the CyBet token revenue out of circulation for 1,000days; and that's where it gets exciting, the more bets users place the more valuable CyBet becomes. That's because taking Cybet tokens out of circulation for 1,000days using secure smart contracts shrinks the token supply and scarcity drives up the price of CyBet. We call this value coupling. The usage of CyBet is systematically tied to the value of the token. The passion for sports must be rewarded.

CyBet tokens will be automatically sent to your Ethereum (ETH) address immediately after transaction is completed.

The CyBet community main idea is to set up a fully decentralized betting club based on the blockchain, where a cryptocurrency CyBet Token, with secure smart contracts, will be used as a means of betting and payment. With CyBet Token you can participate on CyBet Club as betting company by list your odds or participate in betting by selecting the most attractive odds of your favourite sports! The Tokens will have a total maximum supply of 210,000,000. Transaction fees raised during betting shall be used shall be taken out of circulation for 1,000 days from the date of the transaction, effected by secure smart contracts. This will ensure that even minimal CyBet Token demand, the Token continues increase in value on every transaction. CyBet Club is a purely community funded and driven project. We thank the community for their generous contributions on this project this far.

Complete decentralized and competitive betting platform for both the betting company and participant where anyone can participate as the betting company to provide competitive odds or a betting participant can select the best listed odds to place a bet. Taking CyBet Tokens out of circulation for 1,000 days from the date of the transaction shall ensure that the Token continues increase in value on every transaction and thus benefit CyBet Token holders.

Cryptocurrency Entertainment Investment Platform Smart Contract Software Sports
3.5
TOTAL SCORE
6.5
ICO PROFILE

(weight: 45%)

1
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
ICO Time: 12 Nov 2018 - 11 Dec 2018
Country: Kenya
Token info
Ticker: CYBT
Platform: Ethereum
Token Type: ERC20
Available for sale: 60 CYBT (60 %)
Financial
Accepting: ETH
Soft cap: 12,000,000 USD
Hard cap: 25,000,000 USD
Social media
Links: Bitcointalk
Twitter
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Reddit
Github
2018 Q1
<p>Concept<br><br /> Concept Generation<br><br /> Team Assemble - Constitute Technical and Advisory Team</p>
2018 Q2
<p>Research<br><br /> Proving the concept can work<br><br /> Strategic Plan<br><br /> White paper development</p>
2018 Q3
<p>Token Design<br><br /> Design & Develop ICO Smart Contract<br><br /> Design Betting Smart Contracts<br><br /> Design Token Vault Smart Contract</p>
2018 Q4
<p>Token Sale<br><br /> Private Mini Token Sale - Testing Automated Token Distribution with Smart Contracts<br><br /> Public ICO Token Sale</p>
2019 Q1
<p>Betting Smart Contracts<br><br /> Develop Betting Smart Contracts<br><br /> Develop Token Vault Smart Contract</p>
2019 Q2
<p>Design<br><br /> Application Programming Interface</p>
2019 Q3
<p>Development<br><br /> Application Programming Interface<br><br /> Mobile & Web Sports Betting Application with API Integrated<br><br /> Custom Sport Betting Odds Integration</p>
2019 Q4
<p>Testing<br><br /> External Trusted Sport Betting Odds Integration<br><br /> Web Sports Betting Application Alpha & Beta Tests<br><br /> Web Sports Betting Application Beta Release</p>
2020 Q1
<p>Release<br><br /> Web Sports Betting Application Release<br><br /> Mobile Sports Betting Application Alpha & Beta Tests<br><br /> Mobile Sports Betting Application Beta Release</p>
2020 Q2
<p>Pre-Launch<br><br /> Mobile Sports Betting Application Release<br><br /> Pre-launch marketing</p>
2020 Q3/Q4
<p>Launch<br><br /> Mobile & Web Sports Betting Application Launch<br><br /> Product Marketing</p>
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