For the first time in history, a major sports club (Arsenal) has signed a deal with a cryptocurrency company. Yes, you heard it right. Cashbet, a US based cryptocurrency firm is now an official partner of Arsenal Football Club.
Arsenal needs no introduction but not many people wouldn't know about Cashbet. In this article i will try to give a brief on Cashbet.
What is Cashbet:
Cashbet is a California based gaming company founded in the year 2012. Cryptocurrency as you all know is always a high demand and a fast growing tech. Not to mention, Mobile gaming falls under the same category too. Cashbet is merging these two technologies (Cryptocurrency & Mobile Gaming) into an iGaming Solution.
Why Cashbet:
Product based ICO has a higher probability of sustainability and growth than a mere payment based cryptocurrency. Below are the reasons for why one should invest in Cashbet.
- Tens of thousands of registered users and wagers millions of Sterling pounds.
- Only crypto ready gaming platform in the regulated gaming industry.
- Only crypto-casino platform licensed in multiple tier 1 juristrictions with a clearance of rigorous 3rd party compliance testing.
- Full support for Know Your Customer (KYC) and Anti-Money Laundering (AML)
- Faster payout (instantly in seconds) of winnings compared to days worth of delay in other crypto-casinos
Role of Cashbet Coin:
CBC (Cashbet Coin) is the token which will be used to power its business-to-consumer and business-to-business crypto casino offerings and deliver advantages to the players, partners and owners. It will also used to reward loyalty, cover percentage of losses and receive discounted services in their platform. CBC will be converted to fiat and the winning will be converted back to CBC at the same rate.
Token Sale:
Currently Cashbet is doing a pre-sale which requires a minimum buy of $25K USD. So small investors would need to wait for a month (March 20) for the early bird discounted price.
Conclusion:
Cashbet has a good tech (mobile-first iGaming platform) and good marketing (Arsenal). But the most compelling reason for me to believe in Cashbet is that they have a presence in regulated gaming markets and they are licensed by top tier regulators since 2013. Make sure to check their Website for ICO Presale https://ico.cashbet.com for more details.
Disclaimer: Please do your own research before investing in cryptocurrency
