INFO MANTAP

LATEST AND ACCURATE ICO INFO

Contact . Home

 

LETBET - Advanced Technology Better than ERC20 

 

 

WEBSITE - WHITEPAPER - FAQ - ANN THREAD - BOUNTY & AIRDROP

 

 

 TELEGRAM - TWITTER - FACEBOOK - GITHUB

 

  

   LetBet is set to create a revolution in the online gambling industry. Our goal is to create a platform that creates innate trust in potentially corrupt systems to win games (views of players),gain awards (developer views), and fair gambling (the look of service providers) through decentralization. The system is replaced by intelligent contracts through blockchain semantics in a trustless, unlimited, secure, and fast online gambling system that benefits all.

In a typical online gambling system, players rely on a trusted third party to play the game. But with the LetBet concept, there is no need for trust, because we believe trusting a potentially corrupt third party will produce biased results. Smart contracts that automatically reward all major contributors - independent game developers, referrers and platform operators needed for game discovery - now replace the trust that regular players have in third parties.

The gambling industry, as a whole, stagnated and segments of online gambling probably will not be much different. The main solution for a fair gambling system that will approach it into the future is a decentralized gaming platform. 

 

The LetBet team hopes to win such a system by using their technological knowledge to address the perceived problems in the industry.

 

WHAT IS THE BETTING SYSTEM ?

 

The betting system is an important arrangement - made after an inquiry about previous wins and misfortunes that enable players to win more bets in less time. On the other hand, the unrelenting betting truth is that no betting system works all the time. The system is always loaded with opportunities. The betting system may initially look like a player is cash. If possible, in the long run, they will not distinguish their misfortune much more than if they were not connected to the betting system.

There are three different kinds of betting systems :

• Positive Betting System  
• Negative Betting System     
• Betting System Insurance 

 

ONLINE BETTING STRUCTURES

  

The Internet has paved the way for a new approach to betting structures. Innovations from the mid-20th century to the present have transformed the gaming industry with the introduction of video lottery terminals, keno, scratch cards and more.

 

Betting has become one of the most popular and profitable internet-based businesses. The statistics of the gambling statistics industry shows that between April 2015 and March 2016, online gambling operators generate Gross Gambling Results (GGY1) of £ 4.5 billion.

 

This is due to the wide range of betting options available to attract a wide range of players. 

 

 An article by Darren et al., Which is essentially an overview recorded in Australia, shows that the best-known types of bets are the lottery (46.5%), keno (24.3%), instantaneous scratch tickets (24.3%) , and electronic gaming machine 20.5%).

 

TYPE OF GAMBLING ONLINE

 

There are many types of online gambling. Not all of these will be present on our platform, but some games will be introduced in our platform following LetBet roadmap. Since we are open source, other game developers can sign up with us for their game list, which will be played on the LetBet platform according to our goals. Here are some common online gambling games to watch out for.

 

POKER

 

Online poker tables usually offer Hold'em Texas Hold'em, Omaha, Seven Card, Razz, Steed and other types of competitions and money-making structures. Players play against each other instead of "home", with profitable card space through "rakes" and competition costs.

CLUB

 

There are a large number of online clubs where individuals can play gambling games such as roulette, blackjack, pachinko, baccarat and many others. The game is played against a "home" that gets the advantage of being stacked for it.

GAMES BETTING

 

Game betting is an action to anticipate the outcome of a sporting event and bet on the outcome. Typically, the bet is cash.

BINGO

 

Bingo is an online version of the bingo game, where players must match their pre-printed number cards with different 5x5 arrangements. A player wins the Bingo when the selected number that is summoned by the host is arranged in a row on their card.

 

LOTRE

  

Most lotteries are often monopolized by the government and are heavily protected from competition because of their capacity to create repeat and recurring income streams. Individuals or private organizations may be authorized to control online sweepstakes with smaller countries. Most private online sweepstakes have ceased to operate because of legislation that gives the government-owned lottery. The government-controlled lottery section played online is referred to as an online sweepstakes and is part of the online gambling industry.

 NATIONAL LOTRE UK

 

The UK National Draw is an online gambling organized by Camelot Group. The UK National Lottery is considered the most popular online gambling in the UK. It is reported by the Telegraph (online media) that 70% of British adults often play in the National Sweepstakes.

HORSE RACING

 

 Horse racing is a form of horse sports activities involving two or more horses ridden from a distance. Racing horses depend on their economic relevance through betting. And most commonly, online betting. Horse racing is also a popular game found on many bets that offer a wide variety of online games.

 

MOBILE GAMBLING

 

This type of online gambling involves players using remote devices like smartphones, tablet computers, or mobile phones to play games over the internet.

 

IN-PLAY BETTING 

 

Betting in the game is a type of online bet that allows players to bet the game after it starts. Many bets call inplay bets as a straight bet. In-play bets allow players to place bets after first considering the outcome of the game until then. For example, in a soccer league, a client can bet on which players will get the following Yellow card, or which group will be given the next corner kick.

 

ADVANCE STORE WAGERING

 

 This is a type of online betting on horse racing results where bettors are only allowed to bet once their accounts are funded, and can be played through the internet or on their phones.

 

This segment will focus on assessing the online gambling industry in conjunction with the well-known challenges facing the online betting industry.

 

 

 

Online betting (or Web bets) includes games like poker, clubhouse and other conventional games played over the internet.
In 1994 when online gambling became popular, many countries restricted online betting while some others interpreted it as illegal or practice. However, some areas in Canada, some European countries, and some Caribbean islands allow online gambling as a business or legal practice. 

 

Since then, the online gambling industry has grown to what it is today, worth 500 billion USD. It continues to rise at a steady rate, with some indication that it will grow to 1 trillion USD by 2021.

 

With the development of internet and mobile technology, the online gambling industry is predicted to experience a boom in the near future.

 

The online gambling industry consists of many business and technology models, which include:

 

1.Sports Betting: Betting on sporting events (football, horse racing, hound racing for example)
2.Online Poker: Service providers receive the advantage of betting.
3.Casino Games: Slots and roulette machines are operated in a manner similar to a traditional land-based casino. 

4. Bingo Online: Online ageold game version
5.Online Lottery: Same as regular lottery, but operated online.

 

Key vendors in the Online Gambling Industry include: 888 Holdings, GVC Holdings, UniBet groups, William Hill and many others, operating from traditional business models. According to statistics, William Hill is a market dominator in the UK with a 15% market share.

 

  

 

GAMING ONLINE PROBLEMS 

 

Despite the significant growth of the online gambling industry, the initial issues that some countries accept, and others deny the idea of online gambling, are still lurking inside. This, from time to time, formed into a major problem facing the industry. Some of them are highlighted below. 

 

CONCEPTED ISSUES 

 

The online gambling industry is filled with the many perceptions and views of both players and regulators who closely watch the industry. Some of these perceptions will be discussed below, as well as how LetBet will fix the problem with the introduction of our peer-to-peer system, eliminating unfair and questionable belief systems.

 

ILLEGAL TAX AVOID

 

Illegal tax evasion is one of the reasons why some countries refuse online gambling, especially those with no mechanism to monitor or unwilling to check the activities of the online gambling industry.
Similar to illegal tax evasion claims, some see the online gambling industry as a means to easily launder cash. 

 

PLAYER EXAMINATION

 

Player sharpness is another problem in the online gambling system. The sharpness of players mostly occurs in games played from remote locations. A player, playing games with other players he does not see, may doubt whether he is playing with a real person.
Players communicate with others through the GUI, which interacts with complex betting site servers. For the main reason that players from the end have no trust from other players on the other side, is the reason that makes players differentiate significant problems with online gambling, with every player having the perception that they are being manipulated.
In an online study of 10,838 online clubs and poker players, more than 96 respondents in the country expressed unusual amounts of doubt in online betting.  

 

SECURITY 

 

Security is an important part of the challenges faced by the online gambling industry. Traditional online gambling providers operate through centralized computer networks. The main problem with this method is: when there is a system hacking incident, users will lose their money including information relating to bank account details and other confidential information. Despite the fact that security platforms evolved from the client and server side to improve the level of public security through the internet, vulnerabilities with centralized online gambling administration methods make it difficult to obtain error free systems. This is one of the main gaps that LetBet's system aims to plug to revolutionize the online gambling industry. 

 

TRUST 

 

The online gambling industry works through code generated from close-source systems. A group of developers can change the code inside the system. Reasons like this are evident for games like poker, where both sides start and play games remotely to make confidence matters important in online gambling.
Payment: Deposit and Withdrawal is always a big problem for players. Payment issues have long been an issue of online gambling because the law imposes very low transfer and deposit limits on fiat cards. There is also another situation where a claim is filed against the defaulters. Such issues are positioned to be eliminated from the industry with blockchain-powered online bets. 

 

SLOW 

 

Possible steps in traditional online gambling systems are numerous because traditional online gambling providers are very interested in getting a lot of information about players who are less focused on games per second. They are forced to do this in order to protect their systems against unauthorized intruders. This is not so with the LetBet system that deploys blockchain technology through smart contracts with participants. Therefore, there is little concern for intruders, because, it is almost impossible to hack the blockchain system used through intelligent contracts compared to traditional centralized authorities. The reason is that the sender and the recipient have no information about himself, which makes him more like a physical exchange of money in which the participant has no evidence of return after making the transaction. As a result, there is little chance of a hacking system. 

 

UNRELIABILITY 

 

There is a case where the game host server is turned off and then the player must be abandoned because of the mercy of the host as he has to initiate a rigorous process to ensure a refund of his game. But with the LetBet system, from the point where you choose your game, to the point of payment, everything is based on smart contracts supported by blockchain technology. Hence in the occurrence of server problems, players should not be allowed to parry for themselves.

 

 

   Problems in the traditional online gambling system can not be overemphasized, because the amount is very much. Ranging from game selection, random number generation and industrial payment systems involves the most rigorous process that affects players. Problems like this are very humongous and complicated, especially for the industry is always like that, and may remain so without the disruption of a blockchain-based online gambling system. Information on the decentralized (blockchain based) pro platform is detailed in the next chapter.

 

BENEFITS OF THE BIGGEST INTEREST SYSTEM

 

This section will show what team LetBet has brought to the table by eliminating or resolving existing problems as identified above, especially those unique to the online gambling industry. 

 

ANONYMOUS 

 

One of the main reasons for Bitcoin's popularity being offered is due to its inherent privacy. Bitcoin Cryptocurrency allows participants to participate in anonymous online transactions without leaving little information from either party in the transaction. Each side in the blockchain system is indicated by a series of codes. 

 

That is, if you play online games with our platform, chances are your transactions are tracked very thin. Decentralized currencies make similar exchanges with money exchanges so that the game through the decentralized protocol is one way in which no participant can be deceived. Each player, playing only with their skill level and not as a result of previous knowledge about the game. This is different from the fiat system, for example; use other online gambling platforms where you need to fund your game with a card-based credit card that will reveal your personal details. While at the LetBet auto payment gateway, all your transactions are completely anonymous. 

 

FREEDOM AND FLEXIBILITY 

 

The significant advantage of decentralized systems as laid down by the LetBet platform is freedom and flexibility because it is an online betting platform that is done through smart contracts rather than a centralized network of computers. An online betting system that relies on smart contracts helps eliminate trust in potentially corrupt administrators, part of the system revolution LetBet is positioned to become a champion. Flexibility and security are the key advantages that accompany decentralization. Your location does not matter with the use of blockchain technology. The blockchain financial transaction system is more independent and decentralized to give you total freedom on your transactions. 

 

BACKGROUND AND BLOCKCHAIN SIGNIFICANCE 

 

 Prior to this time, the TCP / IP protocol has become an important method used to transfer information globally. Significant developments that extend beyond the spectrum are the development and introduction of Interconnection technology known as the internet, as well as the virtual reality or the increasing reality. This technology has introduced more ways for people to interact and connect, which makes more entities in the online gambling industry to be digital and tokenized.
Although the development of Internet technology, information sharing and data transmission was not enough to meet the needs of online gambling. Consumers online bets will need a platform of P2P fighting, open, decentralized, without trust. Players often look for betting platforms that do not reveal their identity, especially in countries where online betting is considered illegal and prohibited. People often seek freedom in online gambling that meets the peer-to-peer protocol.

 

One of the past peer-to-peer solutions where values and assets can be transferred without third party involvement is the Bitcoin network.

LetBet will not restrict LBT (Let Bet Token) to its developer team but will allow third-party developers to take advantage of platforms with or without their business model with the primary objective of meeting the needs of a decentralized and powerless online gambling industry.

 

With the gambling industry becoming global and increasingly connected, more and more companies are leveraging the power of the internet to find new customers around the world. The majority of traditional gambling service providers are actively creating and innovating across the web to provide gambling solutions. However, sluggish central-based protocols and typical online gambling beliefs are alarming and require immediate attention especially as we anticipate the explosion in the industry by 2021. If the industry has to reach the expected forecast, then it has to adjust to the internet. 3.0 which, in other words, adopts the blockchain protocol.

 

As a result, the LetBet team that is currently developing a platform that will create a paradigm shift in the online gambling industry is set to bridge the gap identified above. After ICO, LetBet will fully implement and run an online betting platform that will be supported by the blockchain system.

Satoshi Nakamoto announced Bitchin Whitepaper on October 31, 2008 titled "Bitcoin, A Peer to Peer Electronic Cash System" where he introduced a decentralized value transfer system. Each network participant is a relevant stakeholder; where the value is transferred between two parties without having to create a trust relationship. Technology has changed the way values are derived and shared with the help of decentralized, peer-peer powered systems

 

 REVOLUTION BLOCKCHAIN

 

We are proud to be a change enabler in this industry by building next-generation online betting that focuses on end-users (Players) and not service providers. While we will provide platforms on smart contracts with other third party developers to take advantage of them, the ultimate goal is to ensure a decentralized system in which every obstacle and central authority is eliminated, and where players will enjoy fast and secure online. gambling experience

By creating a new blockchain, based on the Ethereum protocol, with special features to meet Online Gambling requirements, we believe we can remove the risks that exist in the current system by making it decentralized, transparent and helpless.

 

OFFER PLATFORM LBT 

 

 

 

 

LetBet's team introduced an unsecured, unlimited, secure, and fast platform for online gambling supported by blocking technology.
Platforms are not roped: You do not have to trust the system, everything is written in Smart Contract. Therefore you do not play games with the mercy of service providers, game developers, banker supporters and platform owners. You lose because your chances are limited and you win just because your chances are high and may depend on your experience with the game. The point is that game results are not due to prior knowledge or system manipulation. 

 

 Privacy Protected Platform: You do not need to share any personal information. All you need is a wallet.

Anonymous Platform: You are hidden from the internet, our platform is only interested in your optimal satisfaction while placing your bets online rather than focusing on name, favorites and so on. What we are interested in is that you place your bet, get the results and be rewarded.

Reliable Platform: Thanks to our Blockchain technology and decentralization system, you can play whenever you want and stop worries about corruption or trust third party.

 

 Secure Platform: Online gambling with LetBet safe. This means that no one has prior knowledge or access to your online wallet. This is unlike traditional systems where your wallet details are stored on secure servers that are not completely free of damage and hacking. With the LetBet platform, you are solely responsible for your security. You have a private key to your wallet, which can be stored on your local computer or on a cloud-based server that is completely under your control. You just need to distribute the private key or upload the wallet from your local computer to start the game.
Transparent Platform: Everything is transparent, since you make a deposit, when your game results will run out, you will have it recorded in a way that can not be changed and seen by everyone.

 

Quick Platform: Through hard work, we have created an optimum platform that ensures content and fast delivery of services at any time. On average, the chain in our block takes less than a second to process your request at any given time. Quickly, we mean, easy opening accounts, getting coins, and playing games; easy to deposit or withdraw; Our blockchain is customized to make transactions faster.

 

 

 

 

This section will show the concept of LetBet system to be run. This will show specifically how we will apply our smart contracts in terms of random number generations, payment systems and the like with the help of blockchain technology.
This section will show you the concept of LetBet system to be run. This will show specifically how we will apply our smart contracts in terms of random number generations, payment systems and the like with the help of blockchain technology.

 

P2P SMART CONTRACT 

 

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

With our P2P smart contract, ever since the game started, to the point where your results are seen and the funds sent, you remain anonymous and secure through a smart contract with a blocking system.

 

USER GAME FLOWS 

 

 

 

 

With LetBet, you'll enjoy a seamless gaming activity without the usual distractions. 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.

 

ARCHITECTURAL SPORT ARCHITECTURE ARCHITECTURE 

 

 

 

With LetBet's online gambling system, players also have the ability to engage with or play various sports betting games on existing platforms. Platforms like Bet365, William Hill, BetFair are players who can survive with our platform. Although we are still in the process of getting our license where players have to play on LetBet platform directly.
Even so, we hope to complete our online gambling license after ICO. Also, after ICO, our coins will be used to trade against coins in coinmarketcap and in various coin exchanges (hitbtc, coinexchange ... and others).
In addition, the current platform will come looking for smart contracts to become a third party developer through our decentralized platform. And the only way they can get in, is to buy our coins (LBT). This means a consistent rise in the value of the coin. 

 

ARCHITECTURE JACKPOT SLOT MACHINERY 

 

 

Fiat-based jackpot slot machines are often referred to as single machine guns because one lever often operates. This makes it possible to have an effect on the outcome of the match that makes the player unfortunate.
But with the LetBet system, you play on an open source code platform, where all your winnings are added to the Jackpot.

 

ARCHITECTURE OF TEXAS POKER 

 

On the LetBet platform, third-party developers can run well through smart contracts with us once ICO launches their blockchain-based online Poker Texas gambling platform.

Third-party developers will not be the only people who benefit from this Poker Texas gaming platform. End users like players will also benefit from this after ICO as we actually get online gambling licenses from various authorities and governments, which are currently in the process

 

OTHER GAME ARCHITECTURE

  

On the LetBet platform, we will not be limited to the number of games above. Other games are still in development, and their architecture will be announced soon after launch. All we want is a transparent and no-man game architecture that's included in all our games.
All logical games are made from smart contracts and audited by the LBT team as well as third party auditors.
All payments will be made through LBT wallet. For all games that use the public key as a unique user, a user formation will not be required. 

 

MAIN COMPONENT 

 

User Wallet: Each user will have a crypto wallet similar to MEW, JAXX. Each user can have one or more wallets. Each user will be responsible for managing their private key.
Decentralized Game: This is one of our typical competencies and gives us the undoubted advantage of other online gambling providers. The LetBet system is decentralized, which will make players enjoy a free system that is not affected by anyone. And this will be provided by LBT or independent developers.
Smart Based Based Game: This will be developed by LBT or other developers, providing online crawling that believes in P2P interaction. Once a regular user participates in the game, Betting Amount will be stored and managed by Smart Contract. This SC will be publicly announced to Github of LBT so that everyone will know and audit it. When the game is over, SC will transfer all the money to the winner's wallet. 

•  Transaction Explorer: With our transaction explorer, it is easy for users to monitor, and know   transactions that occur on the LetBet system. The transaction in LetBet is public and can not be edited. 
•  Body Wallet: In addition to features like User Wallet, Agency Wallet allows users to use the MultiSign feature, which reduces the risk of cheating. If one user needs to withdraw money, they need both their private keys and need to use the MultiSign feature to verify.
  
• Integration Module: The stunning feature of our platform is the integration module, which is a support component provided by LBT so developers can explore data from traditional online gambling or other service providers. For example the lucky draw, the wager ratio of William Hill, Bet365, etc.  

COMPARISON WITH COMPETITORS

 

Main Competitor LETBET: 

• Trueflip 
•  Vdice 
• Casio.dao 
• FUNFAIR 

All Competitors based on the Ethereum ERC-20 standard

 

ERC here means "Ethereum Request for Comments", while "20" is a unique proposal ID number. In general, it defines the list of rules that the token should apply, in order to work in the Ethereal ecosystem. Currently ERC-20 becomes the industry standard for making tokens in crowdsale procedures.

The obvious advantage of LETBET is zero-chain

Why do we create a new blockchain for our gambling platform when there's already an existing Ethereal blocklet available to use?

The reason behind this is that the Ethileum ERC20 token project can not work for what we have imagined in LetBet.  

 

• The most important reason is speed. Take the Slot Machine example. Do you want to wait 20 seconds after turning the machine to see if you win or not? Ethereal blocking is not a major factor in other projects, it can be a serious dampener for something like online gambling
• Another important reason is transaction costs. The Ethereal blocking utility is costing you money in the form of transaction fees. This creates additional monetary burden for players and service providers. To reduce this key aspect, we create a zero chain. 
• Block Ethereal does not have the flexibility to host platforms like LetBet. 
• The Ethereal platform also does not support Random Number Generator. But LBT blockchain has been developed to support RG so that random and fair games can be fully created that give everyone the same chance to win. 

That's what Technology basics you should emphasize for what's different about LetBet compared to Big Players in the market.

The online gambling industry is a huge industry with many exciting prospects. Here are some indications to support our claims incorporated with our business model that are blockchain-adapted to solve current industry problems and are suitable to meet perceived and / or identified opportunities in the industry.

 

 

 

 In the UK, around 2009-10, 4% of adults have online bets. Between April 2010 and 2011, online betting, managed by the UK Betting Commission, generated $ 913 million, up 5% over the previous year.

In 2011, 5000 adults were interviewed and about 11.2% of whom had taken part in no less than one type of long-distance gambling last month; while about 50% of respondents have an interest in the National Sweepstakes. 

 

In the middle of today, bets reached $ 18.08 million, with bingo and gambling clubs reversing $ 36.9 million and $ 480 million respectively.

As we discuss the growth of this industry in the general information of the online gambling industry, we find Monthly Active User (MAU) increasing rapidly. Among other areas of the online gambling industry, online gambling segments are predicted to dominate the market with more than 1000% of the gambling industry market for $ 550 million by 2021. It will reach $ 946 billion in 2021 or $ 1 trillion of total bet rate of all time (Juniper's research, 2016).

 

 

    Total bets for mobile & online gambling services divided by region  

 

With the current state of the industry, eliminating processes that pose a threat to player information, and security means taking significant advantage of already large markets. And this will be possible by adopting a blockchain system that provides a system without trust, then fair, which is our core value. Utilizing this system will bring a ton of profits to system owners and especially to players as it will reduce standard costs while creating a decentralized, unsafe, transparent, anonymous and fairn system.

Pairing the above statistics with LetBet, as soon as our monthly active coin users get the number of coins available, the coins at that point are expected to take a 5% share of the total online gambling industry. As a result, the market value for each LBT is expected to increase by 100%.

 

   

LetBet is a platform, an ecosystem for Gambling that empowers Users / Players / Gamblers with the Most Advanced Technology. Provides advanced blockchain-based technology infrastructure, cutting edge advanced technology compared to traditional ERC20 methods.
LETBET's goal is to accelerate the gameplay experience, 100% non-biased environment for players and operators as well as other participants in the ecosystem and especially, 100% Free transaction fees for player transactions and bets.

LETBET's main revenue comes from Operators (such as Bookmaker, Game Hoster, Game Operator ...) as commission-based income. LetBet's business model will focus on attracting users through marketing activities, empowering users and then getting a lot of player resources to earn commissions based on revenue from Operators.

 

 Our business model will be presented clearly through the approach of 5 sub-sections:

• Customer segmen
• LBT Token 
• Marketing strategy 
• Revenue stream 
• Financial Prediction per stage of ICO.

CUSTOMER LEGAL SEGMENT 

 

The LetBet platform is the home of users, where all other parties and even LetBet must provide the best service to users, helping users to have the best gambling experience.

Here is the overall look of the LetBet platform, how each participant interacts with each other, the mutually beneficial model by which the end user is the most beneficiary, served by the whole platform.
   

                LETBET platform customer segment

 

Details Definition of each participant in the ecosystem:

 

• Investors: Investors for LetBet are initial investors in personal sales, stakeholders or token holders who have invested in Token LetBet. The direct profit once the LetBet token rises around the value, or is listed on the public market with high trading demand. Or even take the risk of joining the LetBet revolution.  
• Government: The party that manages the wagering policy - Provides a license for LetBet or Operator on the LetBet platform, protecting users, players, gamblers.  
• Users: The most important party in the ecosystem, which will be served by all others to ensure end users have the best gambling, gambling, fastest, and best-faith experience experience.
• Operators: Betting operators or game operators who intend to participate in our platforms, provide betting games to users using the currently developed LetBet game or even bring their games to the LetBet platform. Each method will have different service charges that LetBet charges with the carrier.  
• Hosters: The person / person responsible for holding one game for the player, may be on behalf of the operator.  
• Game providers: Game providers provide games developed for Operators, who want to operate games directly on the LetBet platform - Developed by LetBet or game providers without bringing their games to LetBet.  
• Indie Developers: Independent developers who will join to submit their games to the platform, operate the game directly with the user.

LBT TOKEN - FUEL PLATFORM MATERIALS

 

LBT is a coin that will be used across the LetBet platform. It will be used on the LetBet platform to store values, as one account unit, and as the only medium of exchange. LBT plays a major role in the LetBet platform. Here are some of the specific functions of LBT to the LetBet platform. LBT can only be purchased during the ICO phase, after this, all unpinished coins are not distributed, will be burned, and users ONLY get LBT from: 

• Trading. (CoinExchange, Yobix, BBC ..)
• Affiliates    
• Bet 
• Host (we provide some games, and you will host the game for another bet)

MARKETING STRATEGY

  

Our marketing strategy includes the policies we have made to ensure that the LetBet team's vision is achieved and can be achieved with the right target market. Our marketing strategy during and after the ICO is specific for each state of funds collected and also very close to the development of the entire platform Road Map.

 

TWO MAIN MARKETING MARKETING FACTORS 1 

 

After Launching Stage and before the end ICO acquired most investors: 

 

 AFFILIATED NETWORKS

 

On Phase 1 Marketing, After the Launch Stage and before the end of ICO - We believe that spending a ton of funds for advertising alone is tantamount to improper use of resources. Instead of adopting the Affiliate Program and channeling resources into it will help LetBet gain sufficient awareness easily and sustainably.
Players and promoters are the two main targets of our affiliate program, and the process is divided into two stages: ICO & Post-ICO.

 

                    LetBet affiliate program for users and promoters

 

The program will end when the ICO ends or when it runs out of the amount of LBT that has been determined to be sold (10M LBT).

 

Bonus X% on the bet fee for ICO Post

 

To become a promoter, you need to have the right contribution to build a community, promote LBT and support us to create an LBT network.

 

LOYALTY PROGRAM 

 

The loyalty campaign program will be calculated based on the total game results played in the LBT game system. After each game, the system will collect scores and players can redeem this score into equal amounts of coins. The more you play, the more prizes you can get. 

 

FOUR MARKETING MAIN MARKETING ACTIVITY 2 

 

For Main Business LetBet Plaform - During and after ICO acquires users & investors:
In the Phase 2 Marketing activities, when ICO ends and the highest priority is the user, LETBET invests our resources into user acquisition. 

• Refferal Program 
• Partnership Network 
• Pers conference 
• Digital Marketing 

The details of each channel will be defined as the table below:

 

   

 

Marketing budgets are defined as a certain percentage of the Raised Fund of LetBet. With a clear vision to focus on the product - the LetBet platform, the effort to get the user as a player, the gambler will be carefully counted to reach the goal and fully adapt to the market.

 

LetBet Revenue Flow

 

 

Platform Revenue LetBet Income

 

As described above to emphasize where revenue will be generated for platform owners - LetBet. This section will provide clear details of how LetBet operates the Zero Fee platform with high profit margins from Operators and other parties in the ecosystem. 

 

 

 

LBT is a coin that will be used across the LetBet platform. It will be used on the LetBet platform to store values, as one account unit, and as the only medium of exchange. LBT plays a major role in the LetBet platform. Here are some of the specific functions of LBT to the LetBet platform.

For users: LBT will be used as a coin to play games on our platform.

• For bookmakers: Booksellers who want to participate in our platform, need to do that by making only a minimum deposit of around (say 10,000 LBT) to our SmartContract to provide their games. 
• For game / game providers: LBT will also be used by bet makers and game providers to purchase games developed by our developers and available on our platform. 
• For the hoster: Hosters will also use LBT to host one game for other players to play.
•  For developers: who wants to develop their own game and submit to our platform.

LBT can only be purchased during the ICO phase, after this, all unpinished coins are not distributed, will be burned, and users ONLY get LBT from:

• Trading. (CoinExchange, Yobix, hitBTC ...) 
• Affiliates 
• bet
• Host (we provide some games, and you will host the game for another bet)  

COIN DISTRIBUTION 

 

Coin distribution chart

 

A total of 199 million coins will be distributed in the following order:

• 50% coins will be issued on ICO. 
• 15% coins will be reserved for third party developers. 
• LBT will hold 15% 
• 20% coins will be used for audits, bounty, affiliate programs 

FINANCING ALLOCATION 

 

  

 

Budget allocation

1.  30% is allocated for platform development 
2. 20% is allocated for bet development 
3. 20% marketing, legal & professional costs 
4. 20% is allocated to backup 
5. 10% operating expenses & other fees

PERSONAL PRICE DETAILS

 

We offer limited personal sales to those who have strong confidence in our mission and business model. Individuals, especially Bookmaker, Developer, Game Provider, are very welcome to join our personal sales. 

Please check our website, our Q & A section or you may also send us a message to partner@let.bet for more information.

 

PRE-SALE DETAILS  

 

 Note: Please send bonus bonus from ICO website. 0.1 LBT will be transferred to your wallet (this option is only open for the first one hundred thousand users). Please check your transactions in LBT Explorer, where you can see other instructions in the knowledge base. Please note that at this stage we will also develop some simple Sports Betting games (see Roadmap) so you can use bonus coins to play. Please use Felix unit to bet (1 LBT = 1000 Felix) and enjoy.
BTC or ETH can buy LBT and we will add some bonus for the first purchase just mentioned above. The BTC or ETH value will be calculated from the moment you complete the order as seen at coinmarketcap.com.
A total of 20 million LBT will be issued during pre-sale. Presale will start on January 20, 2018 and end on 14 February 2018. We will limit the number of coins you can purchase during our pre-sales. Please check the table below for more information.

• The first 35% LBT will be priced at $ 0.4 
• The next 35% LBT will be priced at $ 0.5 
• The remaining 30% of LBT will be sold for $ 0.6

 DETAILS CROWDSALE

 

Maximum 70 million coins will be issued during crowdfunding. The LetBet crowdfunding will start completely on February 25, 2018 with an open sale that will last for 30 days.

• The first 20% LBT will be priced at $ 0.8 
• The next 20% LBT will be priced at $ 0.9
• The next 20% LBT will sell for $ 1 
• The next 20% LBT will be priced at $ 1.2 
• The next 10% LBT will be priced at $ 1.4 
• The next 10% LBT will sell for $ 1.5 

 

 

Khoa Truong - United States

Core Engineer

 

Khoa currently works in Amazon and has more than six years of experience as a major contributor in designing and developing robust applications. Join Team LetBet as Engineer in February 2017 and is currently focused on solving online gambling problems on the LetBet Platform.

 

 

Jitendra Rathod - India

    Advisor - Content Manager   

 

Jitendra is a B2B and B2C writer and content strategist. He has worked for many companies working in various sectors - life sciences, finance, law, blockchain, online gambling and more. He loves great opportunities that give us blockchain technology and hope for a better tomorrow that is truly democratic. He enjoys writing and researching the ability of blockchain technology to touch every aspect of human endeavor. 

 

 

Bill Healey - United States 

 Casino Advisor - Business Development Manager

 

Bill is an internationally renowned journalist with more than three decades of experience in hospitality, casino and holiday games. He has managed to open up new markets for some western companies and now he works to let them. Connect more bookmarkers, game providers with LBT platform.

 

 

Awais Bajwa - English

    Director of Regulatory Advisors & Director of Gambling Services  

 

Awais Bajwa is a licensed lawyer of the University of London. He has strong experience in working in various industries while providing legal services including, Information Technology, Corporate & Commercial, Insurance and Private Law. He has also provided legal advice to clients based in the United States, the United Kingdom, the European Union and Australia through the online legal services market. He was awarded the Gold Medal in the Constitution for his distinction. He is also the captain of the winning team of "Jurist of the Year" competition held in 2009. His rich experience serves well. It also facilitates legal collapse and guides teams easily through various online gambling laws and regulations.

 

 

Aleksey Batishev - Russia

Online Gambling Advisor and European Expansion Manager

  

Aleksey is an ingenious business development manager with a strong background in online gaming and gambling. With over 15 years of professional work experience in various segments of the online gambling industry, he has managed to be part of a great innovation in the online world. the gambling hall He is the International Moderator
from the Gambling Webmaster Association (GPWA). Currently, he is Business Development Manager for LetBet and helps expand LetBet's business in Eastern Europe and Russia.

 

 

Thus explanation about LETBET ozhaninfo convey, hopefully can be useful for all lovers of cryptocurreny, please read ozhaninfo other articles yes, thank you.

 

 

Bitcointalk Username : Dhevi

Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1567105;sa=summary