Are you looking for a great investment that can make you rich? The cryptocurrency market is certainly the right place to look for great investments, but you have to know that you will hardly get rich in a day (or a year, really) if you are not already. This market is full of interesting options, but in the end, it is very hard to find them. The best that you can do in realistic perspective is to invest well.
To invest well, though, you will need to know the cryptocurrency market very well. Fortunately, our blog can be a really good asset for you when you need vital information for investing. We review many companies on our blog to help new and old investors to find perfect companies for them. Today we are going to review a company called Cashbet Coin.
What Is Cash Bet Coin CBC?
Cash Bet Coin is a new platform for iGaming. The company was founded in Oakland, California, in 2012. This was a gambling platform (but the company prefers to call itself an “iGaming platform”) which has been for five years in business and has grown more than 500% since 2015. Recently, Cashbet decided to launch its own cryptocurrency.
This new coin was created to solve a common issue in the crypto-gaming industry: trust, speed and cost. Most of the tokens like Bitcoin are simply not good enough to enable fast and cheap transactions and some companies even scam their own clients.
With Cashbet Coin, which uses the Ethereum blockchain, all the money will be transferred via smart contracts, which are 100% secure and fail-proof. This means that the company will definitely not scam its own players, so they will feel more secure.
The platform offers blockchain integration, a variety of games, fair gameplay proved by the Ethereum blockchain and a secure banking service.
How Does Cashbet Coin Work?
Cashbet Coin will be the new currency to be used in the platform. It will enable that the transactions made in the casino are much faster than they are right now and also more secure. This will increase the scalability of the company and possibly make it more successful, so it can invest more in the company.
The platform will be optimized for mobile, will offer transparency (again, due to the Ethereum blockchain), low transaction fees, fast payments and regulations. basically, Cashbet Coin will be the solution to make casinos more secure and the player will not need to wait days to receive his money anymore.
All these aspects contribute to protecting the players and creating an environment in which they feel secure because they trust the company, which obviously increases the number of people playing in Cashbet and using Cashbet Coin.
How To Invest In Cashbet Coin?
If you are interested in investing in Cashbet Coin, you have to acquire its tokens. You can do that by participating in the token sale, the Initial Coin Offering (ICO). CBC tokens are ERC20 tokens based on the Ethereum blockchain and the soft cap of the sale will be $5 million USD.
The pre-sale starts on January 24 and it goes until February 20. You will be able to buy each token per 0.50 USD, but you will have a discount of 20% during this phase, meaning that the official price per token is $0.60 USD. To participate in this phase, you will have to spend at least $25,000 USD buying tokens.
The public sale will happen from March 20 to April 27. The discount will be 10% during the first 24 hours and 5% during the second 24 hours. There will no more discounts after these ones and the price will rise 5 cents per week, meaning that you will be able to buy tokens with
To participate in this sale, you will have to be from a country which has not prohibited ICOs (like China) and, if you live in the United States, you will have to be an accredited investor. The company will also perform a survey to know if you fit the criteria of their regulators. The accepted currencies will be BTC, ETH, LTC, ETC and USD.
The Cash Bet Coin CBC ICO Conclusion
Is this company a good investment for you? It can be. Cashbet definitely seems like a company that already has experience and knows its own business well. Because of this, you might expect this company to succeed when many others will fail due to inexperience.
On the other hand, Cashbet Coin is not something that is really new. There are many Ethereum-based casinos that already adopt this model and do not even use their own coins, they just use Ethereum, which is easier to buy, so this puts them in a certain advantage when you compare them with Cashbet. The company has experience, but not so much originality.
If you liked this company, feel free to invest in it. It can certainly be a good investment for you and it will probably bring you a good return on investment. If you still feel insecure about investing in this company, though, you can always just browse our blog and look for another investment that might suit you well. We hope that you will be able to make excellent investments in the cryptocurrency market.