What is LetsBet (XBET)
LetsBet is a blockchain based, decentralized P2P betting exchange, where people can challenge each other, bet on the results of games, predict the correct scores or prices of stocks, currencies, etc. The entire booking process on LetsBet is run by smart contracts, which use Solidity as the programming language. BetGameManager is the smart contract responsible for the storage of all game addresses and events for games created. BetPriceGame is the smart contract that holds the entire logic of every game. LetsBet issues XBET tokens, which are based on the ERC20 token standard. XBET tokens represent a share of the revenue which is made up by daily game jackpots that players can win on LetsBet.
Details
Public sales: Jul 07, 2018 – Aug 31, 2018
Token supply: 77,000,000
Soft cap: 1,000ETH
Hard cap: 2,816,600 USD
Raised: 835,000 USD
Legal
Country limitations: China,United States
Token info
Ticker: XBET
Type: Utility-token
Accepted currencies: ETH
Token distribution:
77% – Token Sale
18% – Team
5% – Bounty
Funds allocation:
25% – Development
25% – Operations
15% – Marketing
15% – Community Development
10% – Reserve
10% – Legal