Let Bet ICO (LBT)

LetBet is a revolution in the online gambling


LetBet announces ICO to revolutionize online gambling LetBet will issue its cryptocurrency named LBT to enable a decentralized, trustless, and fast online gambling protocol powered by blockchain. Belize, 28 December 2017: Blockchain-based online gambling platform LetBet is releasing its own digital currency named LBT to disrupt the status quo of traditional online gambling systems - delays, unfair payout systems and the innate trust on a potentially corrupt third party. Hence, it will revolutionize the online gambling industry and aims to bring the industry to a new future in the next few months. The online gambling industry is currently valued at about 500 billion USD. This amount is increasing continuously and is slated to reach nearly 1 trillion USD by 2021. Given the development of internet and mobile, the online gambling industry will become a big boom in the very near future. This sector consists of many business models & technologies, including Sports Betting, Online Poker, Casino Games, Online Bingo and Online Lottery, among others.

Casino & Gambling Entertainment
3.4

by expert rating and reviews


4.4
ICO PROFILE
3.0
TEAM
3.1
VISION
2.7
PRODUCT
Ended
Token LBT
Country Belize
ICO Start Date 25 Feb 2018
ICO End Date 05 Apr 2018

About Let Bet

The issues within the traditional online gambling systems cannot be overemphasized, because they are numerous. Starting from game selection, the random number generation and the payout system of the industry involves a rigorous process which affects the player most. Problems such as this is humongous and complicated, especially for the industry has always been that way, and may possibly remain so without the interruption of a blockchain based online gambling system.

To provide a trustless, borderless, secure, and fast online gambling platform powered by blockchain. 

The end users (players) are central to the LetBet system. Hence all game would be written in the smart contract, where no-one could control the game. We provide a fair and sufficiently randomise game for every player. 

Our platform extends to developers who are interested in bringing along their business model through our platform; and bookmakers to join and build a new online gambling platform that is trustless, borderless, secure, fast and powered by blockchain. 

And the most important part is that our blockchain is not limited to online gambling, it can be used for many other purposes. It is, like all other blockchains, a completely open source, free and secure hyperledger that can be used to host a variety of other products.

Additional information
- Pre-sale -20 Million tokens sold with the price from $0.4 - $0.6.
- Crowdsale - 70Million tokens sold with the price changing from $0.8 - $1.5

Team

Khoa Truong member of Let Bet ICO
Khoa Truong
Core Engineer
Jitendra Rathod member of Let Bet ICO
Jitendra Rathod
Advisor - Content Manager
Bill Healey member of Let Bet ICO
Bill Healey
Casino Advisor - Business Development Manager
Awais Bajwa member of Let Bet ICO
Awais Bajwa
Gambling Regulation Advisor & Legal Services Director
Aleksey Batishev member of Let Bet ICO
Aleksey Batishev
Online Gambling Advisor and European Expansion Manager

Milestones

  • 1

    January 2018

    Whitelist Registration
    Blockchain Launch
    Web Wallet Launch
    Network Stats
    Pre-ICO Start

  • 2

    February 2018

    ICO Start
    SportBet PreMatch Launch

  • 3

    March 2018

    ICO End
    Slot Machine Launch

  • 4

    April 2018

    Internal Exchange
    Jackpot Slot Machine Launch

  • 5

    May 2018

    Mobile Wallet
    Roulette

  • 6

    June 2018

    Go To Market Exchange
    Block Explorer

  • 7

    July 2018

    SportBet Update
    Tennis, BasketBall

  • 8

    August 2018

    3d Platform Launch

  • 9

    September 2018

    Poker Launch
    SportBet In-Play Bet Launch

  • 10

    Quarter 4, 2018

    Game Update
    P2P SportBet
    Live Casino
    Wallet ColdStorage Support

Financial

Token Sale Info
Token LBT
Tokens for Sale 99000000
Investment info
Accepting ETH, BTC
Distributed in ICO 50%
Soft cap 3,000,000 LBT
Hard cap 84,000,000 LBT

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