VIABET VIABET isn’t like the typical betting platforms out there. While many options exist, VIABET distinguishes itself by forever altering the online gambling landscape. Its creators saw the emergence of decentralized crypto casinos, soon followed by provably fair systems with zero-edge gameplay.
With VIABET, users can either engage in online casino games or craft their own, providing a dual opportunity for earnings: operating a personal game or via conventional methods. gambling .
What Sets VIABET Apart from the Rest of the Gambling Industry?
The key differentiator of VIABET is the unprecedented option to create and run a casino game. This innovation enables VIABET’s prominence, allowing players to dictate their own rules and games within its digital walls, paralleling sites like BetFair that revolutionized how ordinary individuals became the ‘bookie.’
Furthermore, VIABET boasts transparency and enticing incentives, paving the way for revolutionary changes in online gambling. Through blockchain technology, it ensures fairness across all games, bolsters fraud prevention, and offers undeniable verifiability with transparent transactions.
How Does Cloud Betting Work?
To illustrate cloud betting’s simplicity, imagine User A registers, assumes the role of the house, and crafts a bespoke game with individual parameters and odds within VIABET. After investing the requisite VIA tokens, User A garners the house edge. Subsequently, players like User B can join these custom games. A victory for User B results in User A’s balance being debited, with winnings credited to User B. Conversely, a loss flips the transaction in User A’s favor.
How Do You Earn from Your Custom Casino Games?
Historically, making money through gambling is well-known; it's centuries old. For entrepreneurs looking to create casino games, two central strategies emerge.
One option is leveraging VIABET’s capital and leveraging its marketing forte to promote games. In this configuration, creators receive a portion of the revenues. Alternatively, creators can personally fund the game, keeping the majority of earnings but remunerating VIABET with a modest percentage for hosting and advertising. This approach opens the door to another lucrative income avenue.
Operators of cash games may select between two fee models: a percentage take per pot, ranging between 5% and 20% with a cap of $5 to $10, or a fixed fee per half-hour, dependent on stakes, from $5 to $15. Tournament setups can involve a buy-in percentage or a distinct tournament fee, for example, an 80/20 division, where 20% becomes the operator’s share.
The sole charge VIABET imposes is a commission covering maintenance, operations, and administrative facets.
Exploring the Mechanics of the Double-Token System
VIABET's pioneering Dual-Token System (DTS) offers a fresh twist. Aspiring game creators invest in VIA tokens, play a minimum number of rounds, and accumulate Edge Tokens. Achieving this level permits operating as the casino, capitalizing on house odds and facilitating player-to-player token exchanges within the cloud platform.
VIA token holders can partake in VIABET’s quarterly buyback event, where the platform might repurchase up to 10% of each owner’s holdings.
ICO Details
The ICO presale VIABET will kick off on November 14, followed by the public ICO launch on December 11. VIA, based on Ethereum, equips VIABET to establish a just, autonomous cloud-betting platform.
The finite supply of VIA tokens is set at 70 million, with 70% allocated to ICO participants and 30% retained by the owners.
Post-crowdsale, 40% of the funds are dedicated to the VIABET house bankroll. Marketing receives 20%, development another 20%, operations 10%, legal endeavors 9%, and the bounty program garners 1%.
What Games Are Available?
The library of VIABET games grows continuously. By the end of Q1 2018, offerings like sports betting, blackjack, roulette, and dice are expected. Q2 plans introduce peer-to-peer poker tournaments and live dealer games.
What Else Is Planned?
The official launch of VIABET’s site in Q1 2018 will coincide with multi-cryptocurrency adoption, initially supporting Litecoin, Ethereum Classic, Ethereum, Bitcoin, and Bitcoin Cash, and the VIA buyback program will commence.
Q2 marks the alpha launch of the VIABET Cloud Betting platform. By Q3, the beta version arrives, extending support for more currencies, mobile applications, fiat gateway adaptations, and overall expansion. Negotiations to integrate the VIA platform with other online casinos will also unfold.
Conclusion
Despite seeming reminiscent of other online casinos, VIABET innovates, layering new dimensions onto digital gaming. It offers the traditional route of enjoyment or the unique thrill of developing one’s own game, catering to casino enthusiasts eager to delve deeper, enjoy themselves, and earn. gamble Editor-in-Chief at Blockonomi and the visionary behind Kooc Media, a forward-thinking UK-Based Digital Media venture. A stauch advocate for Open-Source Software, Blockchain Innovation & an Equitable and Unrestricted Internet.
