[ANN] [CBC] CashBet Coin Public Sale Live

[dorismak]

Went through your websit and I have to admit it is well detailed and describes very well all information about this project. btw, does not need Chinese white paper translation?

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[Crypto-in-tha-blood]

"The World's Only Crypto-Ready iGaming Platform" - Seriously? The only one? 

This has some potential, but 25k as an initial investment is too high of a risk.  Plus there is another crypto gaming platform I support and I bet it will be ready before you guys roll out......so.

[stonehedge]

"The World's Only Crypto-Ready iGaming Platform" - Seriously? The only one?  

This has some potential, but 25k as an initial investment is too high of a risk.  Plus there is another crypto gaming platform I support and I bet it will be ready before you guys roll out......so.

25k is only during the presale.  There is no minimum in the next phase.

Are you sure that the other project will be ready first?  These guys have been operating since 2012 so have a big head start in terms of the gaming side...they already have numerous gaming businesses using their platform. The crypto layer is actually the easiest bit...

[BCTalkBy556a]

The website claims they current have 450 Game Supported on Platform
and
has 770% player increase since 2015.

• Anyone know how many player on their Platform in 2017?
• What is the average online time for each Player?
• What is the average revenue for each Player and Game Partner?

Seems their whitepaper doesn't provide everything...

[stonehedge]

The website claims they current have 450 Game Supported on Platform
and
has 770% player increase since 2015.

• Anyone know how many player on their Platform in 2017?
• What is the average online time for each Player?
• What is the average revenue for each Player and Game Partner?

Seems their whitepaper doesn't provide everything...

Sure would be nice if they engaged us on here with some answers to these questions. 

[Shunyo]

HOw is this related to the LFE token , or is it not at all ?

[stonehedge]

HOw is this related to the LFE token , or is it not at all ?

Not at all. Why did you think it is?

[ahkiatt]

Anyone know how much has been raised so far?

[BCTalkBy556a]

Anyone know how much has been raised so far?

USD RAISED
4691613.23

[Easternbloc]

I do not believe that they have any intention to offer decentralised unregulated gambling services.  What have you read to make you think this?

Everything I have read so far indicates that they are using this token as a convenient means of payment and transparent method of proving fairness and audit accountability within their current gaming infrastructure.

Hi stonehenge, its seems to me that people don't really understand, or potentially have been mislead in to thinking, that this coin is part of any regulatory framework. It is not. Both Alderney and the UK gaming commissions, which cashbet hold their regulated licenses under DO NOT allow crypto-gambling or any ICO's to be associated with their licenses. There is currently only one license, Gibraltar, that would allow any DLT (distributed ledger) to be allowed under their structure. Cashbet are suggesting that they will build and offer services to the rest of the non-licensed crypto space. They will have NO license to supply these entities because no gaming license they hold allows this to occur. So lets envisage it:

1. cashbet does its ICO
2. It raises investment for its coin
3. it starts to build services for the crypto gaming and casino space
4. those 40+ providers they currently have their regulated platform will not be available on this new platform (go ahead and actually ask them this) because those providers of slots and casino's also themselves have to adhere to regulation in the distribution of these games and don't touch crypto platforms (go into the gambling chat area and ask about when providers are not available or actually sometimes geo-blocked from crypto users)
5. Alderney and UK gaming commission say to Cashbet "hey you hold licenses with us but we have no regulated crypto so supplying this area and promoting gambling of unlicensed crypto gaming sites is illegal in our jurisdiction. Stop or we will take away your license."
6. They have a thriving business already so won't jeopardise that so will ditch the cashbet coin
7. As an investor you have literally no recourse legally as its an unregulated asset class in the UK.
8. Congrats you pissed your bitcoin against the wall.

 

[jaybny]

Hi everyone, My name is Jay Berg, I was on the CashBet team for the past month, but no longer have an affiliation.
(If anyone, by chance, has bought coins based on me being on the team, can get a refund, if desired)

As always, investors should have just the raw facts, and should decide for themselves

• This ICO is for CashBet Coin (CBC), which is a fully premined erc20 token. This coin has no independent entity or value. The value of CBC is totally dependent on the centralized CashBet company to follow through on promises. The good news is that CashBet company is legit and is not a scam.
  
• As an investor, you can look at it like a stock in the company, only w/o the voting rights. The more revenue the company has, the more CBC will be burned.
  
• At launch, the token will have the utility of being used to join a "VIP program". This would make the token useful for those investors who wish to play real-money slot machines on their cell phones.
  
• As with all ICOs, there is a real risk of direct loss of coins (eth, btc) from a social hack. ICOs should be providing audits of proper private-key security.
  
• CashBet is a user of the Ethereum blockchain and erc20 standard. They are utilizing blockchain to raise money, instead of using traditional VC funding.
  
• They are following all laws, and require all US investors to be accredited and all investors go through KYC, even though CBC is a utility token and not a security.
  

edit - Full disclosure: I am supposed to receive some CBC, somewhere between 1000 and 10,000 coins total.

[BCTalkBy556a]

At launch, the token will have the utility of being used to join a "VIP program". This would make the token useful for those investors who wish to play real-money slot machines on their cell phones.

hi Jay 
apart from the "VIP program", are there others utility/usage of the token?

[payvnn]

Arsenal announce cryptocurrency partnership with CashBet as they become first club in the world to do so!

[stonehedge]

Was pretty cool to see this at the Emirates Stadium last night.

60,000 people there and televised to a quarter of a billion global viewers.

[Bighero76]

Minimum investment is more than 3 btc, no thanks

[mokeyking]

The official Cryptocurrency partner of Arsenal Football Club

[BCTalkBy556a]

Was pretty cool to see this at the Emirates Stadium last night.

60,000 people there and televised to a quarter of a billion global viewers.

http://i67.tinypic.com/11jugpg.jpg

wow

I cannot but admire that I also hear CashBet because of their partnership with Arsenal.

[BCTalkBy556a]

Minimum investment is more than 3 btc, no thanks

Wait for the next stage at March 20, 2018, 5:00 PM GMT.
The Min. amount is about 0.45 USD in the next stage.

[JamesJazz82]

Great project!I will follow him with pleasure) Good luck, guys!

[vkolotun]

Minimum investment is more than 3 btc, no thanks

I agree with you, the amount isn't small, but on the other hand, this is a normal investment for such a project))