Advertisements
ICO

PokerSports – A New Take On The Current Betting Industry

How blockchain technology could revolutionize the betting industry

Humanity has been gambling and placing bets against one another for thousands of years. When gambling was first introduced into people’s lives, they didn’t have anywhere near the equipment which is used today, and especially not the technology the betting industry uses today. Because even though traditional gambling still is very popular, the online casinos and betting platforms are where the real growth is at the moment. However, many people are still hesitant on using online casinos because they are afraid they are being cheated, which is understandable, as people can’t see the code that controls the output of bets. But that all changes with the implementation of blockchain technology and smart contracts. This is exactly what PokerSports aims to do, revolutionize the betting industry through the use of blockchain technology and digital tokens. Besides from a transparency and security benefits, PokerSports found that they could lower rake to only 4% compared to the industry standard of 10%, a huge improvement which is sure to be felt by recreational players. This is because of the significantly lower fees associated with using their own ERC20 token, XPST, to facilitate payments.

2018-04-18 13_00_57-pokersports-whitepaper.pdf

Source: https://www.pokersports.io/whitepaper/pokersports-whitepaper.pdf

Gaming and Gambling combined

PokerSports believes that betting games should be played more like the exciting eSports games that millions play every day, but at the same time keep the thrill of placing bets and social interaction. One of the downsides of the current fantasy games is that they either aren’t so challenging and most reliant on luck or lack a great social aspect. The games that will be available on the PokerSports games platform, will also have both of these aspects brought together in order to create the best experience for its users. PokerSports has already created one of their games called FantasyStud. PokerSports identified the issues they thought regular fantasy betting had and made a better-revamped version. You can learn more about FantasyStud in the video below

Token sale

To fund their project, PokerSports is raising funds through an initial coin offering (ICO), selling their ERC20 token XPST. XPST tokens are essential in the PokerSports ecosystem as they are used to facilitate payments, deposits, and rewards.

When

The token sale started the 24h of March

The token sale ends the 21st of April

Price

10,000 XPST = 1 ETH

Bonuses apply to different phases, the current bonus is 50%

  • Total amount of tokens minted is 500,000,000 XPST
  • A maximum of 250,000,000 XPST will be for sale during the ICO
  • Hard cap is 20,000 ETH
  • Soft cap is 600 ETH

Team

2018-04-18 15_12_01-PokerSports Token Sale.png

Source: https://www.pokersports.io/

To learn more about them and their advisors, visit the official website at: https://www.pokersports.io/ or read their whitepaper here: https://www.pokersports.io/whitepaper/pokersports-whitepaper.pdf

Roadmap

2018-04-18 15_15_12-PokerSports Token Sale.png

Source: https://www.pokersports.io/

Video

Learn more

If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.

Website: https://www.pokersports.io/

Whitepaper: https://www.pokersports.io/whitepaper/pokersports-whitepaper.pdf

Telegram: https://t.me/joinchat/IIs54A9o4p-Nr5nC668m0Q

Twitter: https://twitter.com/pokersports_

 

My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1855321;sa=summary

 

 

useacoin.com is not a financial advisor and does not provide legal or financial advice. Always do your own research and invest responsibly.

Advertisements

0 comments on “PokerSports – A New Take On The Current Betting Industry

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: