Thursday, September 13, 2018

YOBET.IO - Online Betting Game Industry


Greetings from the community, in this post I will introduce a very interesting project, YOBET.IO, and here are all the reviews:

We have built a platform to play game gamble

Thanks to the development of blockchain technology and free market trading, we created a game gambling ecosystem with currency functions circulated on the game floor and freely traded.

The online betting game industry is currently one of the most dynamic and high growth industries in the world. Online betting games are very popular in the world because they are considered as home-based casinos. Site game bets have many forms such as Crash, Dice, Poker, Sports betting, Numbers, and so on. The market for digital and online games is growing very fast.

In 2016, the revenue of the global online betting industry was $ 42 billion. In 2018, the global online betting industry will pass a major milestone in terms of revenues of $ 50 billion. By 2020, the industry is expected to grow to $ 60 billion. The global online gambling market is expected to reach $ 97 billion by the end of 2024 which is 11% of CAGR.

The online betting game industry has some big problems. Gambling Prices are a big problem. The price of individual gambling is due to user friendly rules: large house edge is 1% -15%, money deposit / withdrawal fees, and delay of withdrawal 2-3 days. Lack of transparency online Game betting is another big problem. There is no way to know what is happening inside the casino server and how the mechanism is programmed. All systems can be easily rigged.

The Jubilee objective is to utilize the market with the deployment of innovative, fair, and transparent solutions to meet the rapidly growing online demand for betting games. Potential income and profits from online betting games are huge.

Using Ethereum's smart contract, we can have a low price per bet or bet and solve transparency issues. Random numbers and payments can be ordered by smart contracts that are fully public and implemented on an Ethereum blockchain.

Yobet aims to launch a game gambling ecosystem with transparent and zero edge online betting games selected.

Jubilee has a healthy business model. Jubilee will benefit in two major ways. We will get results from an imperfect player game. Blackjack and Poker are a game of skill and luck. If a player makes a perfect decision, they will do it to reach the edge of 0%. On average, however, a player makes a mistake; so that will happen give us 0.8% tip. This 0.8% will be obtained from the money at stake. Sports betting is about connecting players who bet against each other and take facilitation fees to manage the process.

With the introduction of the Yobet token (Yo) as a cryptocurrency, the Yobet will be uniquely positioned to use tokens in combination with its online ecosystem betting game to solve problems inhibiting the online game betting industry.

Jubilee tokens (Yobet) are cryptocurrency tokens based on blockchain technology. The Yobet Token is built on the Ethereum blockchain. The ERC-20 Standard allows the Jubilee to immediately work with all applications in accordance with the standards, which means that every digital currency wallet can hold a Jubilee. The Jubilee Token will function as a currency in the game's Yobet bet game.

GAME GAME

Blockchain Gambling Games


Vision and mission

Yobet is one of the innovative companies that has become the pioneer of their vision and actions. Jubilee is supported by a brilliant executive team with extraordinary knowledge, track record and direct experience of the online betting, game blockchain and technology industry.

Jubilee has felt a number of problems in the online betting industry game as well as the cryptocurrency space as it is and functions in presenting. Current problems require some innovative solutions with out-of-the-box thinking.

Mission
Jubilee will provide one of the fairest, most transparent, and world friendly ecosystems of online betting games; where gamers can entertain and enjoy themselves with unparalleled experiences and beyond the world of fun moments.

Vision
The Jubilee Vision is creating the most exciting, entertaining, and useful online betting game facilities in the world, based on the latest and latest art technology. The company will implement leading-edge technology
and continuous innovation to captivate and enrich the experience for online betting gamers.

Business model
Jubilee will be a profitable business even after offering a 0% house edge. This is because of faulty players and games that are not perfect, and 'criminals and' difference gamblers. Gambler Prison adds extra profits to the casino.

Some casino games combine luck and skill. Therefore, the edge of the house depends on the skill of the player. Average players don't play perfect games and they make mistakes. On average, normal players make errors that are around 1% to 1.5%. Thus, the average player gives an opportunity to go home.

Yobet (Yo) Token

Jubilee tokens (Yobet) are cryptocurrency tokens based on blockchain technology. The Yobet Token is built on the Ethereum blockchain. The Jubilee Token will function as a currency in the betting tournament. Jubilee also allows people to invest profitably and produce it safely again. With the value of the Jubilee Token based on the value in the Yobet game betting ecosystem, the investors who buy the Jubilee token will be protected with more stable prices.

YOBET TOKEN FEATURES
  • Name of Token: Yobet
  • Symbol: Yo
  • Type: Ethereum
  • Technology: ERC-20
  • Total Supply: 3 billion
  • Circulating Supply: 66%
Of the total supply of 3 billion Yo tokens, the outstanding inventory will be 66% of the total tokens. Total circulation supply consists of 50% of the total tokens on the gaming site, 8% of the total tokens used for airstrips & bounties, and 8% of the total tokens used for marketing.

Token Allocation:

The Jubilee will have the following token allocations:


Of the total 3 billion Yo token supply, 50% will be 1.5 billion allocated to the Game Fund. The total Game Fund consists of 45% of the total tokens on the game site, and 5% of the total tokens in the game and game building. 8% of the jubilee token, 700 million tokens will be allocated and used for airplanes.

Roadmap

For More Information:

Bitcointalk name : cold_murchete

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