latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

The Development of a Revolution: CyBet So Far!

The Development of a Revolution: CyBet So Far!
CyBet is the world’s first and only online betting portal that is based on the blockchain technology. It allows individuals from around the world to take part in various betting activities, as players and bookmakers get equal opportunities to generate substantial profits.
The Roadmap of CyBet
CyBet is one of its kind blockchain based online betting portal that is decentralized, managed by its own anonymous community members and offers state of the art features to all its users across the globe. Mentioned below is the roadmap of its development so far:
1. 2018 Q1:
An anonymous community of blockchain enthusiasts who were eager to change how things are done in traditional and conventional online betting portals was created. The anonymous group members who participated from around the world crowd created a concept, which they termed as CyBet, the world’s first and one of its kind, online betting portal based on the blockchain technology. Once the concept was formed, shortly after a Research Team, Constitute Technical Team and Advisory Team was formed and work began.
2. 2018 Q2:
The 2nd quarter of 2018 was dedicated solely to research on blockchain applications on online betting portals and what other people around the world were working on. Shortly after the research commenced, the anonymous team of contributors assembled to provide evidence that their concept introduced in 2018 Q1 works. Once the theoretical of a working concept was established, a strategy for future development was brainstormed and creation of a white paper based on the proof of concept was created.
3. 2018 Q3:
By the time, the 3rd quarter of 2018 had arrived, the proof of concept was in place and the anonymous team of contributors started their work developing the first batch of ICO CYBet tokens. The contributors decided that moving ahead, the CyBet token became the main token of choice for all transactions and activities taking place on the betting portal. Not only the use of CyBet token guarantee complete anonymity to all the users, but it also make the ecosystem more secure with the help of secure smart contracts among other technologies. In the coming days, the team of contributors moved ahead with the creation and designing of secure smart contracts which is used for betting as well as designing the token vault smart contract which is a revolutionary technology designed to up the security in a blockchain based online betting portal.
4. 2018 Q4:
Finally, after months of hard work and development, the team of contributors finally started the sale of mini tokens for testing purposes, so that all aspects of their design over the past couple of months could be tested efficiently and any bugs or errors could be rectified then and there. In the latter half of the 4th quarter of 2018, the team of anonymous contributors launched the ICO token sale of CYBT on their website and as of now, 60,000,000 CYBT are available for users all across the world to purchase.
The Way Ahead
The team at CyBet has many more developments planned in the future years to come, and continue to strive hard to positively shape that development. With its decentralized and user-centric approach, the platform is all geared up to bring about a revolution in the online betting sphere.
Know more about Cybet on:
Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.
The post The Development of a Revolution: CyBet So Far! appeared first on .

- - - - -

Thank you for Share!

Read the full Article

Read the full Article: The Development of a Revolution: CyBet So Far!

Search Crypto News


The latest Top News, from leading exponents of BlockChain, Bitcoin and Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Cypto Currencies World.

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


24h Most Popular News