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.