Everyone involved with blockchain technology can testify to the fact that the blockchain system remains one of the best inventions to have ever happened to humanity. Previously, when blockchain is mentioned on any occasion what comes to mind is "Bitcoin", it was narrowed down to that, people saw it just as a means of transacting Bitcoin. The invention of blockchain technology has made most things that were thought to be impossible to be possible. One of the significant benefits of the technology is having a gambling platform that is transparent and open for individuals that are interested.
This post will introduce you to the next generation steem-oriented gaming platform popularly known as Steem-bet.com. According to their official site, “SteemBet is believed to be the world’s leading decentralized entertainment platform that was created on an incorporated graphics, quick online interaction and decentralized cryptography ledger technology. Its intention is to become the world's first cross-chain entertainment platform.” That said and done, this post will focus on a general review of the SteemBet platform.
What is Steem-Bet.com?
Steem-bet.com is a steem-based platform that helps its users to participate in playing SteemBet games all for the sake of entertainment. The SteemBet platform believes that gambling is a fun game and should be done at leisure, this is why the platform recommends and supports responsible and reasonable gambling.
Like I said previously, SteemBet is one of the largest decentralized blockchain-based entertainment platforms. What makes SteemBet.com different and unique from other similar platform is the combination of the productive performance of the local online games with the transparent and decentralized nature of the blockchain technology.
Why Steem-Bet.com?
Statistics have shown that most aspect of online gambling has experienced a rapid increase in recent years, billions of dollars have been in circulation into the gambling sector, has also experienced a swift increase in online gambling organizations on the blockchain system. One disadvantage of this increased rate of gambling service providers is the difficulty it creates for individuals to identify a legit organization to trust with their money. This brings us to some reasons why you don't have to bother yourself but trust Steem-bet.com with your resources:
Leveraging on the power of the blockchain technology
This is the first reason because, the welfare of every individual is supposed to be protected, this is one of the challenges the blockchain system has sought to eliminate. The system makes it quite safer and helps eliminate the chances of individuals that might want to manipulate the game.
Betting on the blockchain promises a that decentralized, reliable database and a transparent gaming experience.
User's assets and privacy is secured
The major challenge of gambling platforms and their users face is the problem of privacy. There are users that might wish to keep their identity or personal details away from the gambling site, they prefer to be anonymous.
SteemBet promises its user’s privacy is 100% secured. Users can use their digital assets to partake in bets without having to release any of their personal information to Steem-Bet.com.
Talking about asset security, the user has a free and smooth flow of funds since the platform allows individuals to use their digital assets to place bets. SteemBet does not request your account sensitive data to place bets and also uses the HTTPS protocol to transmit and encrypt information when necessary.
Supported Token
Below are the various tokens supported by Steembet.com. The platform utilizes the Steem token, SteemBet Platform Token (SPT) and the SteemBet Token (SBT) which are the major currencies to be used within the platform.
Games available
Steem-Bet.com currently has made the Dice Game already available for users. Subsequently, the platform will introduce it to a lot of awesome games in the future. According to what is on the whitepaper, below are the numerous awesome games to look out for in the future. Some of the games that will be added to the platform include:
Innovative Monopoly.
Progressive Slot.
Crash.
The Bull.
Red And Black.
SteemBet Token
SportsBet.
As I said earlier, the SteemBet Token (SBT) is the utility token of the system. This token will enhance the quality service delivery and sustainability of the platform. The
SteemBet Token has an aggregate fixed allocation of 4,400,000,000 of which 50% of this supply will be generated from the game mining.
Fortunately, the SteemBet Platform Token is currently on presale and a groundbreaking 30% bonus is given to the early contributors. Believe me, this is the best time to get some of this important utility token at these best prices.
Link and Reference
Website
Project Whitepaper
Steemit Profile