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Author Topic: [ANN][ICO] Decent.bet - Decentralized Casino 💲 Passive Income Model  (Read 2462 times)
DecentBet
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September 13, 2017, 06:56:06 PM
 #1

Hello BitcoinTalk!

Being one of largest communities in Crypto, we at Decent.bet are happy to announce our ICO to you! Rather than gambling at a casino where the money goes to one person, why not gamble at our decentralized casino? The money goes back to the people, and towards charity. We have a bounty program, and at ICO we will have multiple games up, as well as sportsbetting.


To keep this post friendly to mobile users, and users with slow/capped connection, all of our infographics are links located on respective section title.

Why DBet?
(Click above to go to an infographic)

  • Decentralized - Decent.bet operates on the Ethereum Blockchain.
  • Transparent - Our games are done through readable smart contracts verifiable on the blockchain.
  • Passive Income - 95% of profits are split among all token holders. (Further explained in the infographic).
  • Passive Lottery - The remaining 5% is put towards a lottery. All users with more than 1,000 DBET tokens are passively entered.
  • Quarterly Payouts - Our profits are paid out quarterly. If you would like to trade in house credits early, there will be an option through our exchange. Founders also use this system, and have cuts taken for maintenence, development, and Decent-C.
  • Decent-C - A humanitarian effort from DBET. The donations come from our founder’s share of profit and charities are by our founders and by vote.
  • Sportsbetting and Slots - Open at ICO!
 
What about the ICO?
(Click above to go to an infographic)

Our ICO has shifted to a less open method, this will alleviate the issues of you not getting your money, not getting in, or one person reaching the cap. You will be able to link an
Ethereum wallet to an email on our ICO page in the coming days!


ICO Token Cap:

357,000,000 DBET @ 1DBET = $0.10USD

Total Token Distribution:

70%Crowdsale
18%Team
10%House Fund
2%Bounties

Team Fund Distribution:

40%Development
25%Marketing
20%Operations
15%Legal

(Further explained in Infographic)

Get to know us!

You can get to know our CEO and COO on our Youtube page, where they have Q&As and Journey with Jed (Our CEO), both of which can answer all questions.

Journey with Jedidiah - Part One

Decent.bet ICO Details (W/ Jed and Kurt)

Find us on social media!

Facebook

Reddit

Twitter

Slack

Our Team:

Jedediah Taylor - Founder / C.E.O.
Revv Nissan - Co Founder
Kurt Connolly - C.O.O.
Adrian Scott - Sr. Director of Technology
Nate Flanders - V.P. of Operations
Chris Hensley - V.P of Marketing
Todd Blackburn - Senior Advisor
Jack Kochen - Social Advisor
Ben Barlow - Community Leader
Andrew Ingram - Community Leader

We are partnered with Blockchain Labo
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aceptamosbitcoin
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September 13, 2017, 10:09:51 PM
 #2

I checked your site and can't find any road map and current development stage.

Do you have working software for sportsbetting?

I like the idea of sportbetting competition, but do you really expect to collect 357,000 ETH?! (357,000,000 DBET @ 1 ETH = 1000 DBET)

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travelgear17
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September 16, 2017, 05:42:44 PM
 #3

Looking great this project and i am really interested about such type of project like betting, gambling, sports-betting etc. i have joined your bounty project as well but one thing what platform do you use or contract ..? i mean waves platform or ethereum platform or next platform etc.

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September 18, 2017, 05:43:04 PM
 #4

Been following on facebook for a while. Can count me in for sure
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September 19, 2017, 09:45:08 PM
 #5

Do you guys have a github account?
Helios45
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September 22, 2017, 11:02:48 PM
 #6

The Devs should do a better job promoting their ICO as it is starting in just a few hours from now and the ANN thread has just one page

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September 23, 2017, 07:54:09 AM
 #7

Yea, not really interested since so many similar tokens already .
Portfolir Dev
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September 23, 2017, 09:05:44 AM
 #8

congrats! iknow you aren't so active here but 9mill usd in less than an  hour! good work guys
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September 23, 2017, 09:11:07 AM
 #9

Decentralized casino looks interesting at large but need to dig deep more to understand the whole concept very well. This is what I will be doing later today to catch up with all possibilities in case I invest some money into this. There is sufficient time to make my mind by the way I will be hanging around.

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Portfolir Dev
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September 23, 2017, 09:13:32 AM
 #10

I checked your site and can't find any road map and current development stage.

Do you have working software for sportsbetting?

I like the idea of sportbetting competition, but do you really expect to collect 357,000 ETH?! (357,000,000 DBET @ 1 ETH = 1000 DBET)


2736 DBets per ETH if purchased in the 1st 2 days of the ICO

Decentralized casino looks interesting at large but need to dig deep more to understand the whole concept very well. This is what I will be doing later today to catch up with all possibilities in case I invest some money into this. There is sufficient time to make my mind by the way I will be hanging around.

the ico is now closed to white listed addresses for the first two days if any go unsold it will open up and the price will increase, to be honest i think i would be surprised if they dont sell out in the first two days. they have done allot of promotion in the real world and have a great team (including one of the original founders of napster!). They have really left no stone un-turned for this one!!
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September 23, 2017, 09:19:25 AM
 #11

I checked your site and can't find any road map and current development stage.

Do you have working software for sportsbetting?

I like the idea of sportbetting competition, but do you really expect to collect 357,000 ETH?! (357,000,000 DBET @ 1 ETH = 1000 DBET)


2736 DBets per ETH if purchased in the 1st 2 days of the ICO

Not sure if they are reaching their cap, but by the looks of the current sale, they have raised 35.081 ETH so far
Its a shame I missed the whitelisting, to get in early, but will surely keep a track on this one

NokasKili
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September 23, 2017, 09:26:00 AM
 #12

Hi guys

Congratulations for this amazing interesting project!
 It seems very promising based on a new robust concept!
If by any change you required a professional Portuguese translator with experience and quality to support with your ANN, Bounty, WHITE PAPER or websites, please kindly PM!
Thank you and all the success for project!

Best Regards,
Nokaskili

░░░░░░░░░░░░░░░░░░░░░░░ SmartProgress ░░░░░░░░░░░░░░░░░░░░░░░
       Service for achieving goals    |    5 years, 150k users, $3k/m
      ICO: October 22, 2017      |      Ann | Bounty | Website
Portfolir Dev
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September 23, 2017, 09:51:35 AM
 #13

I checked your site and can't find any road map and current development stage.

Do you have working software for sportsbetting?

I like the idea of sportbetting competition, but do you really expect to collect 357,000 ETH?! (357,000,000 DBET @ 1 ETH = 1000 DBET)


2736 DBets per ETH if purchased in the 1st 2 days of the ICO

Not sure if they are reaching their cap, but by the looks of the current sale, they have raised 35.081 ETH so far
Its a shame I missed the whitelisting, to get in early, but will surely keep a track on this one

you have to also remember that the purchase cap is strictly limited to 10,000 USD to allow everyone a chance to get a piece of the pie so any big players will have to make a second purchase tomorrow when the cap doubles
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September 23, 2017, 10:39:56 AM
 #14

It's a good idea and they guided people very well through the ICO process. I am happy they listened to the community and capped the per person amount that can be invested in the ICO to $10k just so as many people as possible can participate.

They have a partnership with Blockchain Labo and lots of cool stuff coming up in the next months.
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September 23, 2017, 11:47:32 AM
 #15

Hi DecentBet team,

I am glad I got in on my first transaction.
However I noticed around 30% of transactions running out of gas...
You could have provided better guidance.

Additionally I noticed that in the dashboard only recently the contract address is displayed after I already purchased the tokens. Are all the other participiants who sent eth whitelisted as well?

Immediately at ICO launch the counter showed a little over 4'000'000$. Where did they come from? They are not in the list of transactions on your contract address.

Thanks for clarifying.




STeX ICO : https://stex.exchange/up/08d9r5v3usoi
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September 23, 2017, 12:55:59 PM
 #16

Hi DecentBet team,

I am glad I got in on my first transaction.
However I noticed around 30% of transactions running out of gas...
You could have provided better guidance.

Additionally I noticed that in the dashboard only recently the contract address is displayed after I already purchased the tokens. Are all the other participiants who sent eth whitelisted as well?

Immediately at ICO launch the counter showed a little over 4'000'000$. Where did they come from? They are not in the list of transactions on your contract address.

Thanks for clarifying.


So far their only oversight was not giving out guidance on gas limit and gas price.  I realized that and sent a DM to the CEO on slack and he responded same day.  His guidance was at least 200,000 gas limit (standard for ICOs) and at least 22 gwei gas price. 

The team mentioned that Blockchain Labo would get between $4 - $5 million of the ICO tokens just for their Asian distribution, and that is likely where those ICO funds were immediately accounted for on the website.  I checked the Ethplorer.io and saw a second DBET ethereum address, which is here: https://etherscan.io/address/0x7be601aab2f40cc23653965749b84e5cb8cfda43

That looks to be the amount you are likely referring to.  This team has done a great job with their ICO and their communication to the public in slack, facebook, twitter and YouTube.  I look forward to seeing how their online casino turns out.  They claim to already have a working product (at least a slot machine), so I'm sure we'll see more information in the near future.
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September 23, 2017, 01:08:27 PM
 #17

I checked your site and can't find any road map and current development stage.

Do you have working software for sportsbetting?

I like the idea of sportbetting competition, but do you really expect to collect 357,000 ETH?! (357,000,000 DBET @ 1 ETH = 1000 DBET)

According to the White Paper, the DBET team will launch at ICO with a working Slot Machine, with Craps being the second game on the platform (no specific timeline given).  As to sports betting, the White Paper reads: The initial offering at launch by Decent.bet is a sport betting platform with multiple sports offerings such as; Baseball, American Football, Basketball, Ice Hockey, Tennis, Soccer and more.  You can read it all here: https://www.decent.bet/whitepaper/

The crowdsale looks to raise $25 million, with each DBET token initially valued at $0.10 and a locked ETH price of $273.60 throughout the sale.  The overall token supply will be 357 million, meaning investors own 70% of all tokens.  Based on that math, the team wants to raise 91,374 ETH during the crowdsale. 

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September 23, 2017, 01:13:28 PM
 #18

what about a casino license? Is something planned to get a license? How will the profits be distributed to token holders?

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September 25, 2017, 06:17:14 AM
 #19

growdsale has already began

isn't a bit late of announcing the ICO now?
also, as another member mentioned, the announcement its quite poor comparing the size of the ICO.
The amount that have raised so far its not small at all

further on that, are you going to have bounty campaign for decent.bet?

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September 25, 2017, 08:14:03 AM
 #20

I have seen a number of so-called decentralized casinos now, but did not choose to join any ICOs properly due to my lack of understanding about how they all really work. I know from what I have seen is that they all seem to make a lot of money,,, except one or two like Moneypot which was famous but then lost a lot of money when players hit big.

The chance to lose by being the house is very small. But what if this also ends up like Moneypot?

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