Letsbet

Letsbet

ICO Ended
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LetsBet represents a new type of software platforms: is a truly decentralized application (DAPP), running on the Ethereum blockchain. This means it can be downloaded and played from anywhere in the world without having a corporation behind it to run the service! You can even run the entire platform on your own machine, just by being connected to the Ethereum Blockchain. A centralized server is no longer needed.

There is no need to pay any bookmaker or trust the casino management… the games on the LetsBet platform run autonomous on a software architecture which is entirely transparent, every interested party can view the code. Should our website www.letsbet.io be down - for example because some hackers or some law enforcement agencies blocking the domain - you can keep playing on it and your funds are safe from hackers or the authorities. Your identity, your data and our platform are protected. Since there is no LetsBet database which holds information on players, there is no way to track who is doing what and we store nothing besides the data of the bets and prices. After its launch LetsBet doesn’t depend on any human involvement at all to run. It will run as planned since code is law in our smart contract powered application.

In essence, LetsBet is a blockchain based, decentralized P2P betting exchange. It is a automated match-making platform, where people could challenge each other, for example to bet on the results of games, to predict the correct scores or prices of stocks, currencies or any other asset you can imagine… As the entire booking process is run by smart contracts, there are little to no maintenance and operation costs. There is no need for service personal reviewing players accounts, asking for identity, KYC or any other personal details. There is no connection to your bank account or credit card. Our virtual robots, smart contracts written in the solidity programming language on the Ethereum blockchain, processes all required tasks.
7.7
TOTAL SCORE
8.8
ICO PROFILE

(weight: 45%)

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TEAM PROOF

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General
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 07 July 2018 - 31 Aug 2018
Country: Germany
Token info
Ticker: XBET
Platform: Ethereum
Token Type: ERC20
Available for sale: 77,000,000 XBET (77%)
Financial
Raised $ 833,485
ICO Price: 0.0259 USD
Accepting: ETH
Soft cap: 1,000 ETH
Hard cap: 10,000 ETH
November 2017
Concept.<br /> <br /> Prototype design and proof of concept.
December 2017
Development of Dapp.<br /> <br /> Design and development of decentralized betting application.
April 2018
Testnet Release sale.<br /> <br /> Release MVP on Testnet and token sale annoucement.
June 2018
Token sale.<br /> <br /> Presale and regular ICO token sale using Dutch Auction.
July 2018
Improvemnts.<br /> <br /> UX enhancements, providing multilingual support.
August 2018
Public Launch.<br /> <br /> Launch on Mainnet and exchange listing.New Wallets.<br /> <br /> Mobile wallet, in-browser built wallet and hardware wallet support.
October 2018
New Games.<br /> <br /> Based on community decisions new games will be released.
Screenshots taken on 7 Jul 2018
Mathias Adler
Digital money expert
Participates in a number of projects
Maximilian van de Sand
Participates in a number of projects
Traycho Ivanov
Participates in a number of projects
Leonard Hüsgen
Participates in a number of projects
Ivo Tasev
Advisor
Participates in a number of projects
Dimitar Shopov
Advisor
Participates in a number of projects
Sam Zabell
Advisor
Participates in a number of projects

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