The PBET project is a unique innovation that addresses the convergence between physical and online gaming through a Unified Gaming Platform. PBET generates synergies between these two channels while integrating crypto-currencies instant payments and combining partners in a unique token based Reward Club.
All in One Solution
Our disruptive business model consists of partnering with physical casinos to offer online gaming to highly-valued players for a fraction of the online players’ normal cost of acquisition. Given that casinos know their players well, our offer will further result in a seamless personalized integrated immersive gaming experience across the channels.
Through our special way of combining three pillars; Players, Pbet, and Physical casinos we create tailored added-value for each of them taking advantage of synergies generated from this entourage effect.
For instance, players and casinos benefit from zero transactional fees, instant payments and the benefit of remaining in the same ecosystem among others.
The Omni-channel Pbet Reward Club enables partnerships in the hospitality sector, increasing free offerings to players while allowing cross-selling opportunities for casinos and partners.
It is important to note that the team of PBET project founders has extensive practical experience in the gambling industry, as they own a network of offline institutions in more than 4 countries. This experience and knowledge allows them to analyze the mistakes of the past, as well as to move freely to their technological future, based on the ideas of their competitors. Since most decentralized gaming projects are concentrated only within the Internet and do not allow a large number of offline players to be part of its transparent system. Therefore, the founders of PBET seeing this injustice came to a mutual opinion, why not combine these two spaces (online and offline) creating a single cryptocurrency wallet for players, which will include all the same reliable, transparent and secure functions of decentralized systems. It will not restrict access to any particular area of participation. So the idea of PBET was born.
But this is not the only advantage of the PBET system, to complement the value of the internal token will be an active partnership of other companies and groups that will use the PBET token as their means of payment, offering hospitality services, as well as a number of other services. That is, PBET system players will be able to pay with their coins as they want and where they want. Which I think is pretty cool.
If we talk about the technical component of the coins, they will all be created through the Ethereum blockchain smart contract with the ERC20 standard. Moreover, the token itself will be a token utility and will have a limited number expressed as 154 million pieces. For sales will be allocated only 108 million coins with an initial value of 0,20 USD per 1 piece. Token sales have already started in March this year and will last until November 2019. In total, in the course of public sales, the developers intend to raise about $ 17 million for the full development of their project and its further financing.
The distribution of tokens is as follows:
Official resources of the project PBET:
OFFICIAL SITE https://pbet.io
WHITE PAPER: https://pbet.io/documents/pbet-white-paper-2019-1.pdf
ANNOUNCEMENT BRANCH: https://bitcointalk.org/index.php?topic=5131435.0