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Home News Siberians to Launch ICO for Decentralized Betting eSports Platform

Siberians to Launch ICO for Decentralized Betting eSports Platform

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

Richard Kasteleinhttps://www.the-blockchain.com
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, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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