CashBet is fully licenced by the world’s most reputable online gaming jurisdictions: the Alderney Gambling Control Commission (AGCC licence numbers 116c1 & 116c2) and the UK Gambling Commission (UKGC licence number 39620).  These jurisdictions impose a high level of oversight to ensure a superior player experience that is both fun and responsible. Our UKGC license covers crypto gambling and allows us to operate a remote casino. You can read more about that here (http://www.gamblingcommission.gov.uk/for-the-public/Safer-gambling/Consumer-guides/Gambling-with-digital-and-virtual-currencies.aspx). We are also in process to obtain an Isle of Man license, which will also cover crypto gambling.

The following areas are restricted from real-money gambling on our platform: Belgium, Bulgaria, China, Denmark, Estonia, France and French Territories, Greece, Hong Kong, Hungary, Italy, Philippines, Romania, Singapore, South Africa, Spain, Turkey, United States of America, US Minor Outlying Areas, US Virgin Islands, Syria, Iran, North Korea.

However, it's important to note that in addition to its utility for legal online gambling, CashBet Coin can also be used to make purchases in non-gambling social casinos.  For instance, CashBet has recently struck and agreement with game provider Greentube, to allow CashBet Coin to be used as a payment method on their Gametwist non-gambling sites. In this way, CashBet Coin will be able to be used worldwide across social casinos.

The CashBet Platform will continue to accept fiat deposits for gameplay as it does today!

We've created a limited supply of 430,000,000 tokens. 142,975,000 of these were set aside for the initial coin offering. 

Yes, the CashBet platform supports Casino, Social, Skill-based, eSports, and Lottery gameplay.

Believe this is the deal Hamamana99 is referring to: https://www.forbes.com/sites/brianmazique/2018/05/10/matchroom-boxings-and-perform-ink-1-billion-venture-to-bring-16-fights-per-year-to-the-us/#7e1f8ce76c91

While we cannot at this time comment on the partnerships we're working on, we are actively evaluating opportunities for CashBet to partner with operators and content providers that can help expand usage of CashBet Coin. We'll continue to announce these important partnerships as they are finalized!

Please continue to provide us with your feedback on where you'd like to see CashBet Coin!

We will continue to support fiat in addition to CashBet Coin. The value proposition for players to use CashBet Coin is described in our blog post here: https://medium.com/@CashBetCoin/infographic-how-cashbet-coin-improves-the-igaming-player-experience-55523aa85c4a

Check out this blog post on our partnership to learn more: https://medium.com/@CashBetCoin/a-closer-look-at-cashbet-coins-exclusive-partnership-with-arsenal-football-club-fe8b6541dc0d

We work with major third-party content providers, and also produce our own game content as well. Here's more information on how we work with Game Developers: https://www.cashbet.com/game-developers

We appreciate the kind words and your support! We are pushing hard to build what we believe will be a better iGaming experience for players around the world.

Though the public sale has concluded, we have been continuing to push the project forward on multiple fronts. We'll be sharing our progress on our roadmap and other new developments shortly! Thanks for your continued support!

Hi Islapdonkey. Thank you for bringing this to our attention .

The coin on Graviex is not CashBet Coin, but CashBag Coin

I hope this helps clarify things

Hi JackPeterson91,

Contingent on us bringing on a sports betting partner, we're actively having discussions with these types of partners.  We are happy to have Greentube and Lottery.com among the partners who have already committed to using CashBet Coin. We'll announce any additional partnership deals as they happen.

Hi chauhalppasslan,
We will be issuing 430,000,000 CashBet Coin tokens as part of our ICO.  No additional tokens will be created.

Here is a breakdown of how we are going to be using the funds:

33.25% (142,975,000 tokens) will be offered to purchasers;
35% will be put into cold storage to bank the casino;
16.9% will be used for team retention, vesting monthly via smart contract over 18 months;
8% will be used for paying referral bonuses; and
7% will go to advisors.

I hope this answer helps, and let us know if you have any more questions.

Hi Josen5000,

We will accept token purchases worldwide except where forbidden by law.  Currently, the two countries that have banned ICOs/tokens are China and South Korea. In addition, the US residents of New York are restricted. Therefore these locations are restricted from participating in the CashBet Coin token sale.

Cashbet is Mobile first iGaming platform, which is used by over 450 mobile games.

Hope this helps!

Hi psychocryptologist,

We don't currently have one for ICO review, but please take a look at our new bounty program for more information: https://bitcointalk.org/index.php?topic=3283716.0

Check out our latest interview with Boxmining!

https://youtu.be/2Ta_Yfq-3aM

Join us tomorrow for a Q&A session about CashBet Coin on Telegram and hear about our mission to improve the iGaming experience for players and operators around the world!

Official CashBet Telegram: https://t.me/cashbetcoin 
 

We're excited to announce that CashBet Coin will be accepted as a payment method on Lottery.com's apps. Our enterprise software platform will also be powering Lottery.com's multibillion dollar social impact raffles, which aim to raise funds for charities and humanitarian efforts around the world.

Read about it here: https://www.cryptoninjas.net/2018/04/03/lottery-com-to-use-cashbet-coin-as-method-of-payment/

Hi Easternbloc!

CashBet is licensed by the world’s most reputable online gaming jurisdictions: the Alderney Gambling Control Commission (AGCC license numbers 116c1 & 116c2) and the UK Gambling Commission (UKGC license number 39620).

Also, CashBet is in the process of obtaining licenses from the Isle of Man Gambling Supervision Commission (GSV) - the only whitelisted regulatory body currently (October 2017) providing detailed guidance and a regulatory framework for crypto casinos.

I hope this provides more clarity!

Hello Hakamoto

CashBet Coin is a utility token which provides concrete value and advantages to owners as well as CashBet casino partners and players.

CashBet Coin may be used in the following ways:
White label platform partners will be encouraged, in the form of rate reductions, to use CBC to pay licensing and maintenance fees to CashBet.  T

CBC  may be used by other iGaming operators (social or real-money) as a deposit, payment, and withdrawal mechanism. In this way, CBC has a similar (but enhanced) utility to any other payment mechanism.

Content distribution partners will likewise be incentivized (in the form of lower rates) to use CBC to pay licensing fees to CashBet.  Casinos incorporating games from CryptoRGS will be required to offer deposit and wagering in CBC.
CBC tokens may be granted to players as a reward for referring friends.

Players who hold a certain number of eligible CBC tokens will be offered CBC VIP status in exchange for executing a time-locked contract, sequestering the tokens in the players’ wallet so that they may neither be spent nor otherwise traded. This VIP management feature will be licensed to other operators who may accept CBC for purchase or deposit, allowing them to manage their own CBC-based VIP programs.

Here is a short video explaining what CBC is all about: https://youtu.be/aDlVaoMX--g  

Hope this helps, and let me know if you have any other questions!