VIABET — The Future Of Online Gambling: Everything You Need To Know
Gambling has come a long way. This year, online gambling is expected to generate $50.65 billion dollars and jump to $56.05 billion in 2018. That’s a lot of money. Just for comparison’s sake, Disney generated $52.47 billion last year.
If you’re an avid gamer, you’ve probably heard of the concept of provable fairness, decentralised gambling and something that has been the “flavour of the year” — 0% edge gambling. It’s no secret, blockchain is the future of online gambling, but have you ever heard of “cloud-betting”? Well, there’s a first time for everything! A paradigm shift in the way we view online gambling is approaching.
Launch Your Own Games With VIABET
Have you ever been to a casino? They say “the house” always wins right? Well, what if there was an autonomous platform which allowed PLAYERS to launch their own casino games? Changes everything right? Ever wanted to create your own dice site? No problem! You can do that with VIABET.
VIABET acts as the technological launching pad that allows regular players as well as gaming companies to create and launch their own casino games. Similar to the way Ethereum created a world running on DApps. VIABET aims to create a transparent and incentivised platform which proves itself to the world by remapping the online gambling industry. The platform is powered by an Ethereum-based ERC20 protocol token called VIA (XVIA) guaranteeing absolute casino transparency.
What makes VIABET unique:
We offer the worlds first cloud betting service. We believe that cloud betting is the evolution and the next logical to decentralised, provably fair and 0% edge gambling casinos. The ability to create, launch and host your own casino games is something that’s unheard of in the gambling world.
Verifying transactions over blockchain ensures that no single player holds an advantage at any stage of the gambling process. This provides greater resilience against fraud and prevents manipulation. Transactions on the blockchain are also transparent to others and are therefore verifiable.
The great thing about VIABET is that you set your own bankroll. You can even setup a game with $10 if you really wanted and earn interest with no risk. There’s actually multiple ways to become the house using our platform. You can have higher risk/reward depending on your preferences. You can launch multiple casino games. VIABET will do the marketing for you.
We use a “double token system” (DTS). VIA (XVIA) and Edge, you need both Tokens in order to launch games.
You can only gain Edge tokens by playing games at our casino, you can’t get them/buy them anywhere else or on any exchanges.
You also need to stake (deposit) VIA (XVIA) in order to launch and host the games as the house. There’s a limited supply of tokens. Only 70,000,000 VIA have been created.
During the time the player is operating as a casino operator, Edge Tokens will be deducted from his/her account.
Once the player fails to maintain the minimum qualifying amount of Edge tokens required he/she becomes a regular player again, and has to play against the casino house in order to earn more tokens that will enable him/her to host games.
VIA (XVIA) Token holders will have the opportunity to participate in quarterly token buybacks where (depending on the house earnings for that quarter) can range between 10–100% in profits. We’ll be obligated to buy back up to 10% of holders tokens at a price that can NEVER go lower than the initial crowdsale price. The value is locked in.
What VIABET is NOT
VIABET is not a one-dimensional decentralised gambling platform. As you probably know, we have plenty of those already; BitDice, Edgeless, Betking, Etheroll and many more all fit the bill.
We aim to become a “one-stop shop” for players, game creators as well as established fiat casinos. In the future, you’ll know VIABET as the 800-pound gorilla in the cryptocurrency gambling space. We’re not stopping there either. The online gambling industry is valued at $50 billion, and it is expected to grow to $56 billion in 2018. Less than 5% of this market is attributed to cryptocurrency gambling. That means 95% of the fiat market is still up for grabs and we’re ready to gobble that market share right up.
Lastly, we’re offering a service that has never been offered before. The ability to create, launch and host your own casino games is something that’s unheard of in the gambling word. 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 and we welcome you to be a part of it!