Published On: Sun, Sep 17th, 2017

Ethbet’s Crowdsale For The First Peer-To-Peer Blockchain Gambling Project Opens To Investors Today

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Ethbet, the first gambling platform on the Ethereum blockchain that has announced support for peer-to-peer betting, is finally beginning its Crowdsale today, September 17th at 8 PM UTC. Although the crowdsale could potentially last for up to four weeks, many are now predicting that it will sell out early within the first day due to its hard cap of only 5,000ETH and high investor demand.
[Note: This is a press release.]
The unique feature that has many excited about Ethbet is that it will be the first on-blockchain platform to allow players to bet directly against each other, a feature that no other similar platforms have been able to offer until now. This allows the costly house edge involved in gambling to be significantly reduced or removed completely, resulting in lower fees for its players. In addition to this, plans have been announced for the ability to gamble using any Ethereum-based token to be added to the platform. Some other Ethbet features include a provably-fair source of randomness, transparent betting, open-source smart contracts, and no need for user deposits, withdrawals, or registration.
In addition to this, the Ethbet platform will also use an off-chain matchmaking service that allows for users to …

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