Siberians to Launch ICO for Decentralized Betting eSports Platform

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Year to year, the e-sports championships’ prizes are growing exponentially, the leaders of leading brands are putting their attention on this industry. For example, the prize fund of Dota 2 tournament “The International 7” is equal to $24 018 355 US dollars. For reference, this is 15 times higher than “The International 1” prize fund.

According to research of the digital market made by Super DataResearch, the eSports market volume in 2016 year reached $747 million. By 2019, they are forecasting an increase of 150%, which is $1.2 billion. The number of bookmakers is growing daily, despite the absolute opacity of their activities – their hidden earnings exceed millions of dollars.

BlockChain Betting

HUNT.BET is a betting platform for the most popular cybersport disciplines – League of Legends, Dota 2, Counter-Strike: GO, HearthStone, Overwatch, etc. Also, HUNT.BET will have news portal, statistics on disciplines, tournaments’ broadcasts and a shop with gaming devices.

“HUNT.BET offers a new level in the betting field – usage of Ethereum smart contracts. This approach will eliminate the incomprehensible schemes of cash flows and incredible commissions on the withdrawals. There is no more deception and no delays in payments – each transaction can be tracked, ” said Nikita Fomichev, CEO of the HUNT.BET Project.

Smart contract receives information about the event result by referring to the outside world. After receiving this information, the contract makes all payments automatically.

“Our resource was born with one purpose – to become the most transparent and convenient betting service,” said a representative of the HUNT.BET Project team.

The Token Sale starts at Friday, 11th August 2017. The duration of the fund-raising is 22 days. During this time HUNT.BET plans to collect $15 000 000. Price of the HT token will increase from $1 to $1.5 with time, those who will buy tokens in the first days of sale will receive special bonuses.

More detailed info can be found on HUNT.BET ICO page

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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