Decent.bet is a project that I have been excited for since October. Maybe its the gambling side of me that likes a bit of risk, or perhaps the entrepreneurial drive that consumes 85% of my daily thoughts.
Image Source: https://decent.bet
The Dbet Team announced on their #Slack today that they are prepping for a Main-net launch within the beginning of May. This news was welcomed by the community as it has been waiting patiently since the ICO ended in the fall of 2017.
Being that Decent.bet is a provably-fair, decentralized, and blockchain-based casino, it is important to conduct a full audit of the code to mitigate any loss of funds due to exploits. Because of the unique use of state channels on the Ethereum blockchain, to provide real time gaming action, the complex code could takes a bit longer to audit than most projects.
Several new concepts in online gambling drew me into this project. One feature that interested me most, is the ability to lock up your tokens as an investor and stake the House with your investment. In return each quarter, profits from the casino are split between the house share holders. House shares are equivalent to a 1:1 ratio for each Dbet token staked. This gives anyone the ability to be a part owner of an online casino!
I also hold the team behind the project in high regard. During the ico stage the team uploaded several videos to Youtube, in which they portrayed their selves as knowledgeable technicians who were also a relatable group of guys. The CEO Jedidiah Taylor, was also invited to hold an interview on The Dollar Vigilante hosted by Jeff Berwick. During this interview Jedidiah was very transparent, and depicted his vision for the future of blockchain gaming. After this interview I was sold.
If you haven't already checked out this project, it would behoove you to at least give their White Paper a look. Since the close of their ICO, there have been many others trying to jump to market within the blockchain gaming space. However, Decent.bet has the checkered flag in sight, and is about to launch!
Image Source: https://decent.bet
Congratulations to the Decent.bet Team and the Community.
-steemengines
Disclaimer: I have promoted this post with 45 SBD via Bidbots to increase visibility