🚀MOONBET.IO Community-Owned Crypto Casino 💸 $100 USDT Deposit Bonus

[shoreno]

50% will be distributed to MBET holders in the form of BUSD (Binance USD Stablecoin)

how does this works ? tokens must be hold in the bsc wallet or we need to deposit our mbet tokens into the website ? but id like to welcome you here in the forum , im verry excited with this , i already have my 1,000,000 mbet tokens ready  .

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You are right that they are shady, even I wouldn't buy their pre-sale coin. Though not because it's ICO doesn't mean that it cannot be use anymore, there's still projects out there that still using ICO but still a successful project, well about this one I'm not really sure if I should buy or not, maybe I should wait for the listing since they said it will be in August.

what about the gambling site that your carrying in your signature . 1xbit is shadier than this.

[Chato1977]

Welcome to  this forum , 1 trillion token is seems too much of a cap , are you planning in burning from time to time like what binance doing in BNB now?

[janggernaut]

50% will be distributed to MBET holders in the form of BUSD (Binance USD Stablecoin)

how does this works ? tokens must be hold in the bsc wallet or we need to deposit our mbet tokens into the website ? but id like to welcome you here in the forum , im verry excited with this , i already have my 1,000,000 mbet tokens ready  .

I think we just need to buy the token and hold in our wallet without deposit to site, since i don't see any MBET deposit on their site (i'm reffering to OP, because they said

Deposits for a wide range of cryptos including BTC, ETH, Litecoin, and more

1million Mbet only cost $50, i don't think it will be a worth investment, but i would like to see the progress of this site first

[Xinarae*]

Welcome to  this forum , 1 trillion token is seems too much of a cap , are you planning in burning from time to time like what binance doing in BNB now?

I think you need to use a good wallet to keep the tokens safe because if the wallet is funny everything will be lost. BSc wallet is good for keeping deposits safe the risk is much lower here binance is planning to do this and traders are using this wallet to invest in all other currencies.

[ethereumhunter]

People should think twice before they use the staking feature on Trust wallet because they need to have the patience to see the rewards coming to them. Staking needs to have some funds that are not used for anything. I think they can finish what they already did to see how their gambling site will look.

I see you want to apply KYC for your members which I agree with @Haunebu that we do not need KYC because, all in all, that is a gambling site. You might attract more investors to invest in your project if you do not use KYC.

[LimLims]

50% is really high in my opinion for a reward for hodling your token, it's kind of suspicious to me, but I could just be a dumbass and it's just a normal rate. But hey, welcome to the forum. Is it like staking in a gambling platform?

Yes it’s like somehow fishy sounding when it comes about 50% .
But still who knows if they are legit and will do what they saying.

Moreover OP when is the ICO of the token? And which exchanges it will be listed on?
Also please design the ANN with some good graphics rather than all texts. It will help to look the welcome page better.
And i am also interested to know about the bankroll of the site. So it would be great if you can mention about it.

[MoonbetEcosystem]

50% will be distributed to MBET holders in the form of BUSD (Binance USD Stablecoin)

how does this works ? tokens must be hold in the bsc wallet or we need to deposit our mbet tokens into the website ? but id like to welcome you here in the forum , im verry excited with this , i already have my 1,000,000 mbet tokens ready  .

-

You are right that they are shady, even I wouldn't buy their pre-sale coin. Though not because it's ICO doesn't mean that it cannot be use anymore, there's still projects out there that still using ICO but still a successful project, well about this one I'm not really sure if I should buy or not, maybe I should wait for the listing since they said it will be in August.

what about the gambling site that your carrying in your signature . 1xbit is shadier than this.

Thank you for welcoming us!

We've made it very simple: you can simply hold your MBET tokens in a wallet (we recommend Trust Wallet) and you will receive the profit sharing airdrops once they occur.

As for the 'shadiness' questions. I have worked in the iGaming field for 10+ years now as a Sportsbook Operations and Casino Manager. Of course, anytime there is a new betting platform, people are (and should be!) skeptical to make sure it is not a scam.

We are receiving the Curacao Gaming Control Board license which governs our platform. We will also be offering Provably Fair gaming and full transparency, so everyone can see bets placed, fairness of the games, randomizaton, etc.

[kotajikikox]

Welcome to  this forum , 1 trillion token is seems too much of a cap , are you planning in burning from time to time like what binance doing in BNB now?

I think you need to use a good wallet to keep the tokens safe because if the wallet is funny everything will be lost. BSc wallet is good for keeping deposits safe the risk is much lower here binance is planning to do this and traders are using this wallet to invest in all other currencies.

Sorry but what is the connection of your post to the one that you quoted? he is asking about if the team has a plan in burning some of the token because the capitalization is too big but you posted regarding wallet? are you quoting another person ?

I see you want to apply KYC for your members which I agree with @Haunebu that we do not need KYC because, all in all, that is a gambling site. You might attract more investors to invest in your project if you do not use KYC.

I don't know why new gambling site until now aren't understand that crypto gamblers don't want to support KYC requirements.

[MoonbetEcosystem]

Welcome to  this forum , 1 trillion token is seems too much of a cap , are you planning in burning from time to time like what binance doing in BNB now?

The token amount may seem high, but this is a long-term project and we want to ensure that MBET tokens are always affordable for investors around the world. It also means that it will help us grow our community, which contributes with the organic marketing to get around market-specific regulations.

We are looking at buy-backs and burns. Once the Sportsbook and Casino is launched, we can see exactly the best way to provide optimal value to our holders.

[john_nautica]

It seems you are offering a lot of services casino and sportsbook right? I would like to ask if you would also consider having a license first? Most of the people including me prefer to play on gambling website that has a license. We feel secured in that way and also we know that we are playing legally.

[Kakmakr]

This is similar to what Freebitco.in is doing with their FUN token.     I wonder if this is going to become a trend in the online gambling community for casinos to develop their own token for "investment" options?

I for one.. do not really invest in tokens like this, because the only "use case" for this is the casino where you are gambling and not on a broad range of casinos. (Bring me a token that are widely used on several casinos and I will gladly buy a bunch of them, because I know there will be a huge demand for them) 

[EKoston]

Hi Moonebet Team

some questions about comming sportsbook -

will you use a software which is used by other books as well, or are you running your own software?
which deposit cryptos you will accept?
are you planning also an referal program?

good luck to you and your team for your project

[MoonbetEcosystem]

It seems you are offering a lot of services casino and sportsbook right? I would like to ask if you would also consider having a license first? Most of the people including me prefer to play on gambling website that has a license. We feel secured in that way and also we know that we are playing legally.

Great point!

Yes, we will certainly have a license from the Curacao Gaming Control Board (which is the only Gaming Authority at the moment that will provide a license for crypto-based gaming). We have already began the licensing process and are just waiting for the review of the Provably Fair gaming elements before we receive it.

This way, people know when they play with Moonbet, it is 100% legal and regulated in order to protect themselves.

[MoonbetEcosystem]

This is similar to what Freebitco.in is doing with their FUN token.     I wonder if this is going to become a trend in the online gambling community for casinos to develop their own token for "investment" options?

I for one.. do not really invest in tokens like this, because the only "use case" for this is the casino where you are gambling and not on a broad range of casinos. (Bring me a token that are widely used on several casinos and I will gladly buy a bunch of them, because I know there will be a huge demand for them) 

The nice thing is that the MBET token is in fact just a means of profit distribution for the Moonbet Sportsbook and Casino for the moment. However, we have long term plans!

We are in discussions with a major social gaming provider (over 65 million users) to integrate with their platform in our next phase of the project. This would expand our ecosystem beyond simply our betting platform and open Moonbet up to a much larger audience, especially in emerging nations.

[MoonbetEcosystem]

Hi Moonebet Team

some questions about comming sportsbook -

will you use a software which is used by other books as well, or are you running your own software?
which deposit cryptos you will accept?
are you planning also an referal program?

good luck to you and your team for your project

Thank you for the questions and the support.

1) will you use a software which is used by other books as well, or are you running your own software?

Yes, for the Sportsbook we will be powered by SportRadar/BetRadar, which is the industry leader for data feeds, live betting, and liability management.

We have also partnered with Lion Gaming (https://liongaming.io/) for assistance in building out the casino with 100% Provably Fair casino games (meaning everything is recorded on the blockchain and all fairness/transparency/randomness can instantly be verified by players).

2) Which deposit cryptos you will accept?

We will begin with Bitcoin, Ethereum, Litecoin, and USDT. But, we are able to continually integrate more every two weeks, which means we are certainly looking at adding Doge, Cardano, BNB, and more.

3) Are you planning also an referal program?

Absolutely. We are planning a lot of great incentives for both players and MBET holders. In fact, we will be holding a contest to win $2,000 in MBET tokens based on the most referrals in the first month of the casino.

[kryptqnick]

I wonder how many people still invest in ICOs. I thought the ICO market was pretty much dead by the end of 2019, and yet here we are in the middle of 2021
The idea of giving stakes in a casino is pretty good, but I'm not sure how investors can make sure they aren't deceived, and they get their fair share of profits. Or is it somehow done automatically, like via smart contracts or something?
I'll wait till the coin's listed on exchanges because it's always safer this way, but I just want to know more. If a person buys your tokens on some exchange, how can this person get the payouts in BUSD? How are you going to monitor all and will there be conditions, such as hodling for 6 months or something?
Good luck!

[MoonbetEcosystem]

ICO? Really? Do you still think this is 2017 or something op? The name of your site sounds shady too. The truth is that almost all crypto investors including me lost interest in ICOs after the 2017 rally since majority ended up as scams or failures.

You should have simply advertised your site in this forum without the ICO stuff in my opinion. All the best op!

Thanks for the advice!

There is a reason why we chose the ICO route. Since we are receiving a license from the Curacao Gaming Control Board, we want to make sure that we do everything by the book.

The ICO allows us to conduct our KYC on all buyers. This may be a '2017 style' approach, but we want to make sure that in any case of the control board questioning us, we can show that we took all the proper precautions against Anti-Money Laundering and Anti-Terrorist Financing to meet their requirements.

Our team is fully doxxed and are always available, so you can be sure that this project is not a scam.

As most ICO projects these days can't achieve their financial targets, what will happen if you are fall short from your targets? Are you gonna push thru the development of your casino? Do you have private investors that are already invested on this? When are you exactly going to launch your casino/sportsbook? You mentioned above that you will launch by Aug 15, so whatever the results of your ICO, you will launch your platform, is that right? Because you already got money from pre-sale.

We are well on the way to achieving our financial target, but we will move ahead even if we do not reach the soft cap.

All the development for the Sportsbook, Casino and eSports betting platform has been completed and any third-party integrations have been paid for, as well as legal and licensing fees.

We did receive an additional $125,000 in seed funding and our CEO personally put over $100,000 of his own funds into the project to get it launched over the initial three months. We have the backing of private investors in case we need more funds, however we hope not to rely on them.

The Moonbet Sportsbook & Casino will be launched on August 15. We are about to launch pre-registrations next week for people to reserve their spot to be first users.

Also, we are in talks of signing with a recognizable exchange for an IEO, as they have over 900k active users that they will promote our token to.

[MoonbetEcosystem]

I wonder how many people still invest in ICOs. I thought the ICO market was pretty much dead by the end of 2019, and yet here we are in the middle of 2021
The idea of giving stakes in a casino is pretty good, but I'm not sure how investors can make sure they aren't deceived, and they get their fair share of profits. Or is it somehow done automatically, like via smart contracts or something?
I'll wait till the coin's listed on exchanges because it's always safer this way, but I just want to know more. If a person buys your tokens on some exchange, how can this person get the payouts in BUSD? How are you going to monitor all and will there be conditions, such as hodling for 6 months or something?
Good luck!

I know the ICO culture is quite dead (especially compared to 2017/18), but we also ran into some potential legal issues with KYC. So, rather than risking it and going onto a DEX exchange, we decided to play it safe.

In order to make sure investors know we are running everything completely legitimately, we will be 100% transparent to show the amount of Gross Gaming Revenue generated by the platform. Then, it will be divided into 50% with half going towards profit distribution and the other half going into the marketing, operations, and administration of the platform.

As for the distribution, holders will receive the BUSD by holding the tokens in an approved wallet that can accept the BUSD airdrops. We will of course provide all the information once the platform goes live and the airdrops begin.

In order to ensure that people do not simply buy/dump MBET tokens to receive the profit sharing, the BUSD distribution will be regular yet random. This means that nobody will know exactly when they will receive the tokens, encouraging people to hold long-term. There will be no minimum needed to hold to receive the BUSD, which is what we believe will drive the demand for the token once people see how others are being rewarded.

We will have some news about exchange listings next week!

[shasan]

Moonbet sold out their Phase 1 Pre-Sale by raising $295,000 USD, with the ICO just having moved into Phase 2.

What is your contract address? How to trace the transaction made by you/made to you? Are you not publishing it on the blockchain? If you are not publish on the blockchain then there is no way to trace and in this case the community is in high risk for you.

[iv4n]

Moonbet sold out their Phase 1 Pre-Sale by raising $295,000 USD, with the ICO just having moved into Phase 2.

What is your contract address? How to trace the transaction made by you/made to you? Are you not publishing it on the blockchain? If you are not publish on the blockchain then there is no way to trace and in this case the community is in high risk for you.

Nice point Shasan!

Just checked the site, at the moment $358583 is raised! Congrats on reaching the soft cap...
I like the idea, some casinos are doing something similar! Generally, I like profit-sharing casinos, I am more active in those casinos!

Moonbet Sportsbook & Casino
Launching August 2021

My question is will you wait for ICO to end before launching?