Viabet. Idea and ICO!

VIABET is a cryptocurrency based cloud betting platform, casino and peer-to-
peer sports betting site. We act as the technological launching pad that allows regular players as well as gaming companies to create and launch their own
casino games. You create the games, we launch them, we promote them. We
share the profits with our token holders

The platform enables online players to bet against other online players, where one player acting as the casino is given the house odds. For example, a player
is able to open a roulette table, or open a slot machine while other users play
against him. The player enjoys the same odds and will profit from the slots and table profits as if he was the casino.

In order to qualify to become the casino operator the player has to purchase and stake VIA Tokens, play a certain amount of game rounds as a regular player against the VIABET casino, or against other players who have qualified to become casino operators.

In order to create a fair, autonomous cloud-based betting experience for all users, a player cannot remain casino operators forever. For this reason, an additional in-house utility token called “Edge” has been created

As history shows, most first-movers are rewarded with huge profit margins and monopoly-like status. Our ultimate goal is to become one of the largest gaming platforms in the world.

Following launch, our platform will include P2P sports betting, dice games, poker tournaments, as well as other provably fair casino games such as Roulette and Blackjack.

We will support multiple cryptocurrencies including: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin.

The VIABET platform enables online players to bet against other online players using cryptocurrencies, where one player acting as the casino is given the house odds. For example, “USER A” is able to open a roulette table, or open a slot machine while other users play against him/her. The player enjoys the same odds and will profit from the slots and table profits as if he/she was the casino.

In order to qualify to become “the casino” “USER A” has to purchase and stake VIA Tokens, play a certain amount of game rounds as a regular player against the VIABET casino, or against other players who have qualified to become the
casino. Each time “USER A” plays a round of any of the VIABET casino games
he/she earns Edge Tokens.

After earning a specific amount of tokens “USER A” will qualify to become the casino operator and will be able to offer and open games himself/herself which will allow other players to play against him/her. The player has access to various game customization options, such as setting the house “edge” % for each individual casino game he/she creates.

What’s better than owning a casino? Owning the games inside the casino!

VIABET delivers an all-out fresh approach to online gambling. A simple, yet elegant solution that allows the player to actually become the casino. The player will be able to offer and open games himself which will allow other players to play against him/her. VIABET essentially allows players to create their own games and rules within the online casino.

This is not just evolution, this is a revolution of the gambling industry as a whole and we welcome you to be a part of it.

DOUBLE TOKEN SYSTEM (DTS)

In order to qualify to become “the casino” players will have to purchase and stake “VIA” Tokens, play a certain amount of game rounds as regular players against VIABET, or against other players who have qualified to become the casino.

Each time the user plays a round of any of the VIABET casino games he earns “Edge” Tokens. “Edge” is an in-house utility token that can also be used as a unit of exchange between players in the new, cloud-based betting platform.

After earning a specific amount of tokens the user will qualify to become the casino and will be able to offer and open games himself which will allow other players to play against him/her.

It’s that simple.

 

In order to create a fair, autonomous cloud-based betting experience for all users, a player cannot remain the casino operator forever. For this reason, an additional token called “Edge” has been created.

“Edge” is an in-house utility token (or credit token) that can also be used as a unit of exchange between players at VIABET. Each time a player plays a round of any of the VIABET casino games he/she earns Edge Tokens. After earning a specific amount of tokens he/she will qualify to become the casino operator and will be able to offer and open games himself/herself which will allow other players to play against him/her.

During the time the player is operating as the casino operator, Edge Tokens will be deducted from his/her account. The accumulation and deduction of “Edge” Tokens will not be influenced by the players’ winnings or losses while a player is operating as a player or as the casino.

Once the player fails to maintain the minimum qualifying amount of Edge tokens required he/she becomes a regular player again, thus creating a profitable ecosystem for both players and the casino house. This method requires the user to “stake” tokens or put up capital which in part/or fully will be used in paying out winnings to casino players at VIABET.

 

VIABET provides a completely new online casino experience by not only
offering your favorite online casino games and sports betting but by taking your ordinary online casino experience up a notch with our unmatched brand-new auctions system. Using the Scala Framework we’ve created a whole new system for game creators and casino providers while delivering a high productivity development environment, and seamless production deployment experience.

VIABET provides a completely new online casino experience by not only
offering your favorite online casino games and sports betting but by taking your ordinary online casino experience up a notch with our unmatched brand-new auctions system. Using the Scala Framework we’ve created a whole new system for game creators and casino providers while delivering a high productivity development environment, and seamless production deployment experience.

ICO

The platform is powered by an Ethereum-based ERC20 protocol token called
“VIA” guaranteeing absolute casino transparency. In order to qualify to become the casino operator a player will have to purchase and stake a minimum amount of VIA Tokens into his account at VIABET.

Depending on the game different amounts of VIA will be required. There is no way to host games within the VIABET platform as the casino operator without first owning and staking VIA Tokens. Users will be encouraged to transact with VIA as this will offer many benefits within the platform such as bonuses, and higher payouts.

Site https://viabet.io

Whitepaper https://viabet.io/viabetio_whitepaper_v1.pdf

 

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