LetBet — The Next-Gen Online Gambling Platform
LetBet is set to create a revolution in the field of online gambling. By creating a blockchain-powered gambling platform that is trustless, borderless, fast, secure and transparent, we are giving back the power in the hands of the players. No more will the “house” have the undue advantage in gambling and no more will players be at the mercy of the game provider. With games written in Smart Contract, there is no chance of game rigging and no undue influence on game outcomes.
It is not to say that LetBet is the first or only blockchain-powered online gambling platform. There are older, more popular platforms like ….. and newer platforms like Sp8de and Gamblica, all vying for a piece of the $50 Bn industry. However, the basic problems that many of these platforms face are speed, reliability and the ability to generate truly random numbers. Most of these platforms are based on the Ethereum blockchain. While Ethereum is the “go-to” blockchain for utilities like finance, its slow blocktimes means that it is not as good a blockchain for an activity like online gambling. Who would want to spin the slot machine and wait for a minute to know whether they have hit the jackpot or not?
Another drawback of the Ethereum blockchain is its inability to generate a random number. Game developers have overcome this problem slightly but are yet to create real Random Number Generator (RNG).
To surpass all of these drawbacks and player’s expectations, LetBet has created a novel fork of the Ethereum blockchain, called Libertas Chain. The Libertas Chain is fast, transparent and will not charge any fees for any kinds of transactions, since it is a “zero chain.” It will support Smart Contracts and a true RNG that will be used to create our games that are provably fair. But the best part is that our blockchain is not limited to online gambling, it can be used for many other purposes. It is, like all other blockchains, a completely open source, free and secure hyperledger that can be used to host a variety of other products.
While LetBet is a unique and exclusive gambling platform created by us for players, it also invites bookmakers to join the platform to build their own gambling systems. Developers can host their games on the platform.
We have envisaged LetBet as not just a platform for betting on games, but as a complete ecosystem that has games to play and bet on as well as an open platform for many stakeholders to come and leverage the immense possibilities and opportunities of our brand new blockchain.
We have an envious team of passionate developers and engineers who have amassed a wealth of experience and expertise working for some of the best companies in the world. Our advisors hold experience in the gaming and gambling industry and are competent in understanding and guiding the way through the maze of complex regulations that surround the gambling world.
We are determined to disrupt the status quo of the gambling industry. We are unfaltering in our endeavor to create a never-before gambling experience for the millions of gaming and betting enthusiasts around the world. We have resolved to create a completely private, safe and secure environment where every person, regardless of where he or she comes from, can confidently bet on and enjoy the games without fear of personal data leaking.
We welcome you to be part of the revolution we are creating. We invite you to share our vision and our passion. We invite you on the LetBet platform to experience firsthand what we are talking about. See you on the other side.
