Of course, as in any field of activity in addition to the positive side there is a negative, so in the world of differences, namely gambling, the negative side of the moment is the honesty of the institutions themselves, as well as the demand that meets the needs of the user. Not everyone can maintain a decent level of service or provision of any services. Moreover, there are some instances that are not fair game policy, infringing on the rights of their players, adjusting everything in such a way that they most of the time will be a loss than a win. What is natural is considered to be a violation of all the rules regarding consumer rights.
Of course, we have repeatedly considered various ICOs projects that offered decentralized ideas that solve problems with transparency and security of all actions. But as far as you remember, most of these projects had a narrow category of access, expressed only by the space of the Internet. The project, whose idea we will now consider, offers a slightly different conditions for the interaction of the participant and the entire game structure.
About the project
So, I am glad to present you a project called — Pbet, the main purpose of which is to erase the line between offline casino and online entertainment.
The developers intend to achieve this synergy by introducing modern blockchain technology into their concept, as well as using their coin storage system, expressed by the user’s wallet with internal Pbet coins. This principle of interaction will unite the two largest spaces of the gaming industry, which will be United for both online and offline players.
To explain why this profitable will be particularly difficult. First, most online players often like to combine the game not only on the Internet, but also in offline institutions of the same type, where you can take part in the game on any available machine or other gaming table. Secondly, people who play here and there, experiencing enough difficulties with the purchase of chips (coins), perpetual conversion and associated with these processes for other conversions.
It is important to note that the team of PBET project founders has extensive practical experience in the gambling industry, as they own a network of offline institutions in more than 4 countries. This experience and knowledge allows them to analyze the mistakes of the past, as well as to move freely to their technological future, based on the ideas of their competitors. Since most decentralized gaming projects are concentrated only within the Internet and do not allow a large number of offline players to be part of its transparent system. Therefore, the founders of PBET seeing this injustice came to a mutual opinion, why not combine these two spaces (online and offline) creating a single cryptocurrency wallet for players, which will include all the same reliable, transparent and secure functions of decentralized systems. It will not restrict access to any particular area of participation. So the idea of PBET was born.
But this is not the only advantage of the PBET system, to complement the value of the internal token will be an active partnership of other companies and groups that will use the PBET token as their means of payment, offering hospitality services, as well as a number of other services. That is, PBET system players will be able to pay with their coins as they want and where they want. Which I think is pretty cool.
If we talk about the technical component of the coins, they will all be created through the Ethereum blockchain smart contract with the ERC20 standard. Moreover, the token itself will be a token utility and will have a limited number expressed as 154 million pieces. For sales will be allocated only 108 million coins with an initial value of 0,20 USD per 1 piece. Token sales have already started in March this year and will last until November 2019. In total, in the course of public sales, the developers intend to raise about $ 17 million for the full development of their project and its further financing.
Starts: April 22 2019
Ends: December 15th 2019
Token Type: Utility Token
Exchange Rate: 1 PBET = 0.20 USD
Currencies Accepted: BTC, ETH, LTC and more
Min. Contribution: 30 USD or equivalent
Specifications: The PBET Token is used for payment between all actors of the Land-based and I-gaming ecosystem and extended through the hospitality sector to other hospitality sector organizational members.
Smart contract: Smart contract and Token creation use standard ERC20 on Ethereum platform. Compatibility with stock exchanges and wallets is ensured.
Total issued Token: 154,000,000 PBET
Softcap: $2M USD
Hardcap: $17.5M USD
Team & Advisors
Frederick Vachon – President and Founder
Bassel Moukaddem – Chief Executive Officer
Marcel Huard – Chief Innovation Officer
Patrick Aubé – Chief Marketing Officer and CTO
Manuel Presa – Chief Technology Officer
Marina Anisina – Chief Financial Officer
Raul Duque – Head of International Finance
Rita Jimenez – Accountant
Pablo Silva – Operational Director
Pablo Rodriguez – Interactive Architect
Gonzalo Mas – Senior developer – Front-end
Aly Santos – Sales- Caribbean
Raul Solis – Sales – Peru area
Miguel Cortez – Team Leader- Customer service
Vincent Deblois – Crypto Investments Advisor
Linda Bouchard – Legal & Compliance Advisor
Gerald Duhamel – Strategy Advisor- B&D
For more infoemation :
OFFICIAL SITE https://pbet.io
ANNOUNCEMENT BRANCH: https://bitcointalk.org/index.php?topic=5131435.0