Significant ICO program of LetBet platform of tokenize cryptocurrency and LTB coin allocation process

Dhhb Dh
6 min readMar 18, 2018

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This is the age of modern science in the 21st century. The digital ecosystem is depending on this modern science. Internet is the main tool of this modern science for digital ecosystem environment. On this digital ecosystem many platform of project and idea come to the environment for public service. Most of this platform is blockchain technology basis and other is non blockchain technology base platform. The blockchain technology made huge opportunity for the investor of the digital ecosystem of the crypto world. Mostly this crypto world is based on the Ethereum standard platform. The digital ecosystem is making opportunity and benefit platform for online gambling with the blockchain technology.

The LetBet platform of blockchain technology has changed the gambling industries method of online gambling. Now online gambling is more profitable and opportunity place for gambler all over the world. This platform is a major solution to a fair gambling system that would bring this platform close to its future is a decentralized gaming platform. We can visit https://let.bet/ web site of LetBet platform to know more about them. Before now, online gambling was typical and gambling player was relying of a trusted third party to carry out the game. On the other hand, the LetBet platform there is no need for trusting a third party. We can trust the LetBet platform for their blockchain technology in the cryptocurrency world of digital ecosystem. They also offering their token for use on their platform and gambling system.
Benefits of LetBet platform of online gambling:
This platform is a blockchain technological platform for online gambling. They are making opportunity and easy chance of profit from the online gambling. This platform has many benefits for online gamblers and platform wise benefits. The benefits of online gambling are given below:
• The LetBet set to create a revolution in the online gambling industry.
• They have build a trust worthy and fair gambling platform on the internet crypto world.
• This is the fast online gambling system of blockchain technology that benefits all.
• This is a major solution to a fair gambling system that would bring it close to its future is a decentralized gaming platform.
• There has no need to trust third party on the online gaming in this platform.
• They have smart contracts that automatically reward all the key contributors as for game developers, referrers and operators of independent platform.
• They have paved the path for novel approaches to betting structures on this platform of online gambling.
• The problem and boundary issues within the traditional online gambling systems have been solved by the LetBet platform of online gambling.
• This platform’s payment system in automatic gateway as for that all our transactions are totally anonymous.
• The Letbet platform presented a significant advantage of a decentralized system is freedom and flexibility because it is an online betting platform that is conducted through smart contracts.
We can know more about this platform’s benefits and opportunity by the given picture:

Main elements of LetBet platform:
The LetBet platform is blockchain technological platform of featuring different element. The element has much necessity and use in the platform of online betting and gambling. The main elements of this platform are given below:
User Wallet: this platform is providing a crypto wallet for each user which is similar to MEW, JAXX. This wallet can be kept by the user more than one. On this wallet every wallet user will be responsible for managing their private key.
Decentralized gaming system: the LetBet platform’s decentralized gaming system is one of their distinctive competencies and gives us an unmistakable and high secure ddge over other online gambling service provider. This platform’s decentralize system will make players enjoy a free system that is not influenced by anybody.
Smart contract based game: The smart contract based game will be developed by LBT or other developers which provides peer to peer (P2P) trusting decentralized online gambling.
Transaction explorer: This platform’s transaction explorer make easy for the user to monitor and get to know the transaction that is occurring on the LetBet ecosystem. All transaction in this platform are public but cannot be edited.
Integration module: Integration module is an amazing feature of this platform. It is a supporting component provided by LBT. As a result developers can explore data form traditional online gambling or another service provider.
Business model of LetBet platform:
The LetBet is a platform of gambling which empower users, player as well as gambler with the most advance technology blockchain. This platform’s aim is to accelerate the gaming experience in 100% unbiased environment and 100% free transaction fee for players, operators as well as other participants in the gambling ecosystem and betting transaction. The business model of this platform will focus on attracting user via marketing activities, empower users then obtaining large source of payers to earn the commission based revnue from operators. This platform will be presented their approach from 5 sub sector in their business model. They are:- customer segment, LBT token, marketing strategy, revenue stream as well as financial prediction per ICO stage.

The LBT coin allocation process:
The LetBit platform’s main fuel is ICO time include launching and private sales stages as well as pre sale and crowed sale stage. This will be help this platform to grow stably in their ecosystem of digital crypto world. This platform’s marketing budget which is allocated by their team’s experiences. They have aimed to stat acquiring 2 million users after the ICO crowd sale end. The raised fund of ICO will be llike given chart.

This platform will spend the marketing budgets according to the allocation of raised fund. They will spend 2% for the first stage for launching project and 15% on the ICO stage of pre sale and crowd sale. This platform has a powerful advantage to decrease cost per users acquisition form $ 11 per active gambler in to $6 per active gambler after the crowd sale stage. Total fund raising during the launching and private sale of the platform is $ 9, 37, 334. Their marketing budget will be 2.00% and total marketing budget is $ 18, 747 of per cost $ 11. They are counting number of active user 1710 user. The Betting value per user of LBT will be 12 and batting times per user per year will 47. Life time value of LBT is 564 and total yearly predicted value is 9, 64, 440 LBT. The LBT value will be $ 0.2 and total value will be $ 192, 888. Their gross income per user for per year is $ 3.38. We can visit https://let.bet/ web site of LetBet platform to know more about them.
Now we can say all about the LetBet platform form the above discussion. It is a blockchain technological platform of tokenize cryptocurrency LTB coin. They are offering LBT token for platform user and online gambling system. We can know more about them from their white paper https://static.let.bet/whitepaper.pdf website.
LetBet Fan Pages:
• Telegram: https://t.me/LetBetCoin
• Twitter: https://twitter.com/LetBetOfficial
• Facebook: https://facebook.com/letbetcoin
• Github: https://github.com/letbetcoin
• Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2683151.0
• LinkedIn: https://www.linkedin.com/company/let-bet/

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