Let Bet Coin
The Future of Online Gambling
Powered by Blockchain
What is LetBet?
LetBet is an online gambling platform that aims at providing a trustless,
borderless, secure, anonymous and fast online gambling platform with zero fee,
seamlessly for all participants in a typical online gambling system powered by the
LBT blockchain.
WHAT LOOPHOLES ARE WE COVERING?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fstatic.let.bet%2Fassets%2Fimages%2Fblockchain-03.jpg&t=665&c=Wu2K8NxvBqy9dg)
TRUST A TRUSTLESS PLATFORM: You don't need to trust the system, everything is written in Smart Contract. Hence you are not playing games at the mercy of the service provider, game developer, bankroll backers and the platform owners. You lose because your chances were limited and you win simply because your chances were high and maybe depended on your experience with the game. The bottom line is that game outcomes are not due to prior knowledge or system manipulations.
PRIVACYA ZERO-PRIVACY PLATFORM: What you need to provide us:
Your bank account
Your Name
Your Address
Your ...
No, You don't need to share any personal information
You just need your LBT Wallet
HIDDEN A TRANSPARENT PLATFORM: Everything is transparent, from the time you make your deposit, to the time when your game result will be out, you would have it all recorded. All these records are immutable and visible to everybody.
SLOW A FAST PLATFORM:
By fast, we mean, it is easy to open account, get coin, and play; easy to deposit or withdraw; our blockchain is also customized to execute transaction faster.
Now, the time is just ripe for provably fair games; a transparent, trustless gambling platform. join the fast and secure LBT Platform. We offer you first 100 felix absolutely FREE to start playing our game and start enjoying instantaneously.
PRODUCT ARCHITECTURE
With LetBet, you enjoy the seamless flow of gaming activity without their conventional disruption. With our concept and systems, you only need to browse the game you want, choose it, activate your wallet on it, make a deposit (through a smart contract, in seconds), play and end the game, then withdraw your funds to your wallet anonymously, fast, and safely.
PROOF OF CONCEPT
Currently, we provide SportBet, a pre-match and Jackpot Game.
Here is our game architecture & proof of concept which you could play right now.
Please check out our whitepaper and website for more information and other games.
OUR COIN MODEL
LBT is the coin that will be used throughout the LetBet platform.
Below are some of the specific functions of LBT to the LetBet platform.
1. For users: LBT will be used as the coin to play various games on our platform
2. For bookmarkers: Bookmarkers who intend to participate on our platform,
would need to do that by simply making a minimum deposit (of about,
lets say 10.000 LBT) to our SmartContract to provide their games
3. For bookmarkers/game providers: LBT will also be used by bookmarkers
and game providers to buy games already developed by our developers and
available on our platform.
4. For hosters: Hosters would also make use of the LBT to host a single game
for other players to play
5. For developers: who want to develop their own game and submit to our platform.
FUND ALLOCATION
1. 30% allocated to platform development
2. 20% allocated to betting development
3. 20% of marketing, legal & professional costs
4. 20% allocated to a reserve
5. 10% of operation & other costs
COIN DISTRIBUTION
A total of 199M coins will be distributed in the following order:- 50% coins will be issued in ICO.
- 15% coins will be reserved for third-party developers.
- 15% coins will be held by LBT
- 20% coins will be used for audit, bounty, affiliate program
PRE-ICO PROGRAM
A total of 20M LBT will be issued during the pre-sale.
The presale will kickoff on the 20th Jan 2018 and end on 14th Feb 2018.
We will limit total coin you will able to buy during our pre-sale.
Please check the table below for more information.- The first 35% LBT will sell at a price of $0.4
- The next 35% LBT will sell at a price of $0.5
- The rest 30% LBT will sell at a price of $0.6
ICO PROGRAM
A maximum of 70M coins will be issued during the crowdfunding. The LetBet crowdfunding will kick off fully on the 25th of Feb, 2018 with an open sale that will last for 30 days.- The first 20% LBT will sell at a price of $0.8
- The next 20% LBT will sell at a price of $0.9
- The next 20% LBT will sell at a price of $1
- The next 20% LBT will sell at a price of $1.2
- The next 10% LBT will sell at a price of $1.4
- The next 10% LBT will sell at a price of $1.5
IMPORTANT: To protect earlier buyers, all unsold coins will be burned after the ICO is officially over.ROADMAP
AFFILIATE & LOYALTY PROGRAM
*Note: Please read more at #6.2.1 in our whitepaper
WHY JOIN US NOW ?
- Be part of LetBet Platform with LBT bonus which is rare
- Get LBT when it is still cheap
- Easy to become a BookMarker
- Easy to host our game
- Easy to join our Developer Program
- Various ways to get profits from our kickstart programs: Affiliates, Hoster, BookMarkers
FAQ
1. What is LetBet?LetBet is an online gambling platform that aims at providing a trustless, borderless, secure, anonymous and fast online gambling platform with zero fee, seamlessly for all participants in a typical online gambling system powered by the LBT blockchain.
2. What's LetBet official domain?Our official domain is: let.bet .
In order to avoid some unexpected problems as someone might use another domain which looks like our official domain to do something bad on purpose, we have purchased some similar sounding domains such as: letbet.io, letbet.co, letbet.com and are trying our best to own the rest. That means we can stop them (hackers, scammers.. ) from using these domains to scam users.
3. What makes LetBet different?You might wonder what makes us different from other blockchain based gambling platforms? In fact, LetBet is not the only one in this sector - applying the BlockChain & Smart Contract technologies into gambling industry.
There are 2 key features which we believe that make LetBet stand out of the rest:
- LetBet is a platform: Our vision is to make LetBet become a platform and open it to everyone to join. LetBet is not only bringing to users the ability to play betting games but also offers great opportunities to those who are interested in being a game provider, bookmarker... or building your own game with blockchain & smart contract and publish on LetBet. It's important to note that you can take advantages from LetBet as there are a lot of users playing games everyday. In return, our platform - LetBet - has more games to serve our user's needs and interests.
- Solved some painful problems & offer some cool features with LBT blockchain:
Faster Transaction
Zero Transaction Fee
Provably Fair
And much more ... please read our whitepaper.
4. How can I own LBT?According to our LBT Distribution Plan, there are many ways to own LBT, such as:
- Buy LBT in the ICO.
- LBT Bonus
- Trading on HitBTC, CoinExchange,... etc.
- Special programs: LBT Private Sale, Affiliate Program, Developer Program,...
- Become the host of a game, game provider, bookmarkers...
5. How to request a LBT Bonus?In order to get LBT Bonus, you must register a LBT account on our ICO page, then:
- Select the [Request LBT Bonus] button from the left-side menu.
- An dialog will be opened, click on the [Request] button to send a request.
It's crucial to know that you can send a LBT Bonus request only 1 time. For the visualize instruction, check this article.
6. How long the ICO will last?Our Pre-ICO campaign will be launched at 00:00 (GMT+0) 20th, Jan 2018 and stop at 00:00 (GMT) 14th, Feb 2018.
Our ICO campaign will be launched at 00:00 (GMT+0) 25th, Feb 2018 and stop at 00:00 (GMT) 24th, Mar 2018.
7. How do I participate in LBT Private Sale?For those who have strong faith in LBT and are passionate in growing with us and you are someone who wishes to:
- own a certain amount of LBT coins with a good price.
- become the host of a game
- become game providers, bookmarkers on our gambling system
- join our developer program, we offer a program called 'LBT Private Sales' with a lot of benefits & support.
So what's the LBT Private Sale? It's a special program:
- you can buy LBT coins with a good price starting from $0.2/1 LBT ( min $20k)
- The number of coins is limited (maximum, 5% of coins which is issued by LetBet team)
- You must keep it in your wallet at least 3 months since LBT release internal exchange.
Interested? If you want to participate in LBT Private Sales or have any questions about this program, send us an email at
partner@let.bet8. How will the funds be used?Here is our plan to use funds in order to grow LBT:
- 30% will be used for platform development
- 20% will be used for gambling development.
- 20% will be used for marketing, legal & professional cost.
- 20% will be used for business operation.
- The rest (10%) will be reserved for later use.
9. Is Affiliate Program available?Yes, we do offer an exciting Affiliate Program. Please read our whitepaper for more information.
10. Is it possible to create multiple accounts?No, creating multiple accounts to participate in our ICO is not permitted.
11. Can I transfer LBT internally to another member?Yes, you can transfer LBT to another LetBet member. See this article.
12. How to withdraw LBT to my own wallet?Firstly, login to ICO page with your account. Then, select [Wallet] option from the left-side menu.
Secondly, look at the 3rd-session where you can find a button named [Withdraw], click on it to open a wizard.
Thirdly, enter your own LBT wallet's address & the amount of LBT coins which you want to withdraw.
Finally, hit the [Confirm] button.
13. Can I store LBT in a Cold Wallet?Yes, it's possible to store LBT coins in a Cold Wallet.
14. How to be a Promoter?To become a promoter, you need to have proper contribution to build up the community, promote LBT as well as support us to create LBT network. For further information, please submit your request to
support@let.betJOIN US NOW - GET 100 FELIX FOR FREE - PLAY & EARNThis seems like a good choice for anyone who wish to gamble, but doesn't want to get known by anybody else.
Since this provide the anonymity for everyone who use this coin to gamble.