LETBET Blockchain Based Technology

LETBET is a blockchain-based online gambling platform - a new revolutionary service that is coded and optimized by Bill Healey's DEV team based on a pure ETH (ERC20) platform. LetBet issued a cryptocurrency named LBT to enable a decentralized, unsafe, and fast online gambling protocol empowered by blockchain on December 28, 2017. LBT disrupts the status quo of traditional online gambling systems - delays, unfair payment systems and innate trust against a potentially corrupt person. third party. The system provides many business models and technologies, including Sports Betting, Online Poker, Casino Game, Online Bingo and Online Lottery.



WHY LETBET IS A VALUABLE PLATFORM?

The online gambling industry is currently worth about 500 billion USD. This number is increasing rapidly and is expected to reach almost 1 trillion USD by 2021. It is a very fertile soil that big people explore for years on the regular online internet platform.

LBT is a pure coin produced and used for trading transactions and as a means of payment between players and players, players and dealers or vice versa. Apart from Bet's industry revenues is indeed very large and has no limits (you can lose a lot of games after the game), LETBET users have the following advantages:

FREE

  • TRUSTWORTHY (since it is operated directly by Blockchain - not by server so it never dies)

  • PERSONAL AND SAFE 100% with encrypted private key

  • ANONYMAL FEATURES (unlike ICO or other platforms, you do not have to declare personal information for identity authentication)

  • QUICK (about 2-3 seconds you can see game results - fast as much as 40 times as other competitors in the market) - GREAT DIFFERENCE !!!

  • TRANSPARENT (You can easily test the results by looking at the code of Transactions after each game).


Solution LETBET As Plaltform

What team LetBet has brought to the table by eliminating or resolving existing issues as identified above, especially those unique to the online gambling industry.

LetBet DTrawalization System

Anonymity - Each player, playing only with their skill level and not as a result of prior knowledge of the game

Freedom And Flexibility - an online betting platform that is done through smart contracts rather than on a centralized network of computers.

The LetBet Achilles product

Unique LetBet concept - SMART P2P CONTROL

Unlike others, it's not just P2P-Based Smart Games, but tailored to the online gambling industry in a way that will simultaneously help third-party online gambling developers, and end users (players).

With our P2P smart contract, since the game starts, to the point where your results are viewed and the funds sent, you remain anonymous and secure through smart contracts with the blocking system.

ICO SUMMARY

Name: Letbet - LBT
Total supply Letbet: 199 million coins
Released inICO: 90 million, price is divided into several stages as shown above Time
pre-sale: 7:00 on 20 January and ends at 7 am on 14/02/2018
+ Amount of LBT sold in Presale: 20,000,000 LBT

+ LBT selling price:

The first 35% is $ 0.4

The next 35% is $ 0.5

The last 30% is $ 0.6

+ Minimum Purchase: 200 LBT Max Purchase: 50,000 LBT

Public ICO time: from 25 February to 26 March
+ Number of LBT sold in ICO: 70,000,000 LBT

+ LBT selling price:

The first 20% is $ 0.8

The next 20% is $ 0.9

The next 20% is $ 1

The next 20% is $ 1.2

The next 10% is $ 1.4

The last 10% is $ 1.5

+ Minimum Purchase: 50 LBT

+ Maximum purchase: 20,000 LBT

Future plan:
Around April 2018, LetBet will put LBT in an internal exchange

Around June 2018, LetBet will place LBT on an external exchange.


LETBET LEGAL ASPECT

It is legal for betting to join LETBET.
A bet can join LETBET provided he has a license to operate as a bet. In other words, LetBet is like a ride-sharing platform. LetBet will provide the platform to other bets, but the bets must apply and obtain the relevant licenses from their own country from where they operate.

It is legal to operate individual games.
If a betting country allows it to operate certain types of gambling games then it can definitely tell LetBet and LetBet will arrange all the tools needed to make the bets easier.

A developer can join LetBet as a developer and develop different games with instructions on various bets as well as LetBet but he can not join the platform as a no longer licensed bet.

User LETBET Game Flow

Seamless Flow of Gaming: Enjoy a seamless gaming activity without the usual disruption. With our concept, you just have to look around the game you want, pick it up, activate your wallet on it, make a deposit (through smart contracts in seconds), play and end the game, then pull your funds into your wallet anonymously.


Team


Core has a good profile with years of work experience. There are also more than 12 developers, designers, UX experts who work tirelessly in the BlockChain and Betting LetBet Platform to deliver the best experience for customers.

CONCLUSION

In my opinion, this is a good project with new ideas and goals. You can check it here:



ETH: 0xe09361e3391c328aC5848f4baD0fbA600d56Dd20

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