[ICO Review] What is Let Bet? Potential ICO investment project to sell LBT Token Feb

Update : Currently ICO Let Leto projects are in the pre-sale phase and have sold almost all Token (80%), so if you want to invest in this potential ICO project, click  here  to go down the direction. Purchase LBT Token.

What is Let Bet?

LetBet  (LBT)  is a Blockchain platform based on the Ethereum source code of the ERC20 standard and was later redesigned by Bill Healey's development team to create a platform called Libertas. The purpose of Let Bet is to serve the betting market, online gambling.
What is Let Bet?


Let Bet  has the advantage of fast transaction processing, security, authorization system based on  smart contract,  high reliability, can not interfere with the winning rate on a game, the transaction will always result in Players, developers and developers can independently verify game results, source code, etc.

ICB's LetBet Project Info

  • Project title : Let Bet
  • Token code : LBT
  • Platform G: Blockchain Ethereum (ERC20)
  • Total Token Release : 199,000,000 LBT
  • Acceptance of payments : Bitcoin (BTC) and Ethereum (ETH)
  • Pre-sale time :  7am on January 20th and end at 7am on 14/02/2018
    • The amount of LBT sold in Presale : 20,000,000 LBT
    • LBT sale price :
      • The first 35% is  $ 0.4
      • The next 35% is  $ 0.5
      • The last 30% is  $ 0.6
    • Minimum Purchase : 200 LBT
    • Max Purchase : 50,000 LBT
  • Public ICO time :  from February 25 to March 26,
    • Number of LBT sold in ICO : 70,000,000 LBT
    • LBT sale price :
      • The first 20% is  $ 0.8
      • The next 20% is  $ 0.9
      • The next 20% is  $ 1; The next 20% is $ 1.2
      • The next 10% is  $ 1.4
      • The last 10% is  $ 1.5
    • Minimum Purchase : 50 LBT
    • Max Purchase : 20,000 LBT
Project Information ICO Let Bet

Betting and Gambling Online

Betting or Gambling online is  no stranger to us. In fact it belongs to the field of entertainment, but the blood of gambling in each person has turned it into a huge industry. According to the market estimate is ~ 1000 billion dollars. This is a very fertile ground for companies specializing in gambling, online betting business.
There are many types of betting, different luck, the most popular are: football betting, horse racing, game betting, poker, bingo, ....
All are attracted to the majority of participants, however, with the system of betting or casino online are still many limitations, the two most known street limits are:
  • Delivery time : Cash / Cash
  • Trust : Players are always suspicious of the house. Because with normal code lines, the house can always adjust the percentage as desired.
There are also some other obstacles to the traditional online betting and gambling system: personal information security, speed, strict management, ...
Let Bet  was born to overcome all the problems that the industry Betting and Gambling online to the present time has not done.

The strengths of the Let Bet project

  • Everything has finished, need budget from ICO for marketing, attract bookmarkers (Game Host), code new games.
  • Take the right time, use blockchain to solve the limitations of the traditional betting system, casino online. Coming to the worldcup, the fish will fly in the east.
  • Instant transaction speed, can check public transactions, have block explorer, wallet is the same as Myetherwallet (Because of the code of Ethereum)
  • There are multi-level models that attract many investors or even share betting fees (Kucoin Floors) for a lifetime => Instead of bloggers, football sites, watching movies promoting regular bets, Let Bet will have much higher sales.
  • Selling speed fast, fast community growth => Of course because of multi-level.
  • Yes Github, Smartcontract publicity => Create trust with other betting platforms (Extremely important)
  • User identity security
  • White Paper is highly persuasive, its marketing plan and capital use are very clear & specific.
  • Played 4 games.
  • It has measured the initial revenue figures, is a proven business proven.

The minus point of Let Bet ICO

The first minus point of  Let  's team is when only one person comes out. There are 6 people on the home page, but the other 5 are advisers, not the core team. Because of this, ICObench estimates this project is quite low
I asked about this on Let's Telegram was answered that Let Let's main team has more than 12 people but the market is quite sensitive so can not be present. Because the famous Crypto sites such as Cointelepgraph or Bitcoin News still accept news about Let Bet ICO
I checked the platform Let Bet & found everything extremely professional, and I am convinced that some people can not make such a system. According to myself, it may be due to something dev does not want to reveal its identity.
The second minus of Let Bet is to use LBT to bet. A coin is sometimes down and investors will accept this. But very negative for the user (The bet)
For example, if you are a user of Let Bet, you buy LBT at $ 5, you bet and win bold, but by the time you want to withdraw cash, the LBT price is only $ 4, you lose a large amount if you sell. right.
I'm not sure Let's have a mechanism to keep prices or solve the problem or not. However, in the early time, the amount of investors as well as users of Let Bet increase will not occur dump status. Maybe Let Bet will have a policy of keeping prices (not for strong increase)
The profit of Let's part also comes from the fact that LBT is increasing so they will do everything to increase LBT prices, but I think they will have a mechanism that LBT prices will not increase sharply but will gradually. Safe, so new to attract new users.

Competitive platform of Let Bet

The biggest competition for  Let Bet  is  FunFair , a successful online casino game that has capitalized more than $ 400 million. (Assuming that Let Bet has the same capitalization as X10 for ICO)
However, Fun Fair is the only game that has not developed the sports betting. The most restrictive is still the use of Ethereum's platform, which leads to instant non-trading and high transaction costs. While with Let Bet the transaction fee = 0 and all transactions take place immediately.
Similar to other platforms such as: Trueflip, aDao.Casino, Vdice are all ERC-20 token & nothing outstanding should not be appreciated by the community.
As for ICO, there is Cash Bet that impresses with the partnership with Arsenal. However, Cash Bet has absolutely no foundation & it must be very long to integrate token gradually into the game. So I do not appreciate this child very much.
And suppose that after the Fun Fair or Cash Bet succeeds, then Let Bet will fail. You can see with the traditional model there are a lot of different betting companies & lots of successful companies. Let Bet's goal is to occupy only 3% of the market, they are not big.

How are LetBet LBT Tokens distributed?

  • 50% LBT Token  will be sold in ICO
  • 20% LBT Token  will be for Marketing
  • 15% LBT Token  for development team
  • 15% of LBT Token  remains for Game publishers
Token LBT

Development path of the Let Bet project

  • January 2018 : Register Whitelist - Blockchain Launch - Web Wallet Launch - Network Statistics - Pre-ICO LBT start.
  • February 2018 : ICB LBT starts - SportBet PreMatch Launch.
  • March 2018 : The ICO ends - Slot Machine Launch.
  • April, 1818 : The Jackpot Slot Machine Launch.
  • May 2018 : Wallet Mobile - Roulette.
  • June 2018 : Exchange - Block Explorer
  • July 2018 : SportBet Update - tennis, basketball.
  • 8/2018 : 3d vBulletin Launch.
  • September 1818 : Poker Launch - SportBet In The Bet Launch.
  • Q4 2018 : Game Update - P2P SportBet - Live Casino - Wallet Support ColdStorage.


Letbet Roadmap

Development team of Let Bet project

Jitendra Rathod  - India (Content Manager) - Jitendra is a B2B and B2C marketer and content strategist. He has worked for many companies working in different fields - life sciences, finance, law, blockchain, online gambling and more. He has a passion for big opportunities like blockchain technology. He likes to write and research the ability of blockchain technology to touch every aspect of human endeavor.
Bill Healey  - US (Business Development Manager) - Bill is an internationally known journalist with more than three decades of experience in the hospitality, casino and entertainment industry. He has succeeded in opening up new markets to some Western companies and now he's working for Let.bet to connect more lenders and game providers with the LBT platform.
Awais Bajwa  - UK (Adviser on Rules of Chess and Director of Legal Services) - Awais Bajwa is a licensed lawyer of the University of London. He has extensive experience working in a variety of industries while providing legal services including Information Technology, Business Insurance, Insurance and Civil Law, Casino Floor ... He also provides - private Legal advice for its clients based in the US, UK, EU and Australia through the casino services market, online betting. He was awarded the Gold Medal in the Constitution. He was also the winner of the "Jurist of the Year" competition held in 2009.
Aleksey Batishev  - Russia (online gambling adviser & director of market development in Europe) - Aleksey is a wise business development manager with a solid background in online gaming and gambling. . With more than 15 years of professional work experience in various areas of the online gambling industry, he has succeeded and became part of the emerging innovations in gambling online. He is also the International Executive Director of the Gambling Web Portal Association (GPWA). He is currently Managing Business Development for LetBet and helping to expand LetBet's business in Russia and Eastern Europe.
The above are the main characters of the total 12 members of the development team of LETBET. There are many well-known experts from the blockchain industry and online betting that participate in the LETBET project. This attracted the attention of the project from the community. Team evaluates this project as a prestigious and very potential.
Team Let Bet


More information about the LetBet project

ICB Letters Investment Guide by buying LBT Token

LBT Token Registration Instructions for LetBet

Step 1 : First, go to  https://ico.let.bet/  and enter the new Let Bet account information as follows:
  • Conutry : Select "Viet Nam"
  • Name : Enter Full Name
  • Email : The email you want to register
  • Create a password : Enter your password
  • Confirm your password : Enter the password above
  • Affiliate ID : Stay current to support the Virtual Money Blog and get referrals for other potential ICO projects for you
  • Check out " I'm not a robot "
  • Finally, click on " Register Now "


Sign up for LetBet. Photo 1

Step 2 : After that the system of Let Bet will send you an Email to activate the account, you to Email and click on the link as below:


Sign up for LetBet. Photo 2

Step 3 : Continue entering  Email  and tick "I'm not a robot" and select " Verify Now ".
Sign up for LetBet. Photo 3Sign up for LetBet. Photo 3
Step 4 : Ok. So you have registered and activated the account, now you enter  Email + Password  and click on "I am not a robot" click " Login " to login.
Sign up for LetBet. Photo 4Sign up for LetBet. Photo 4
This is the interface of  Let Bet ICO  after you log in, continue to guide you to load ETH or BTC to buy LBT Token below:
Sign up for LetBet. Photo 5Sign up for LetBet. Photo 5

Guide to loading ETH or BTC to purchase LBT Token

After logging in, now you need to load  Ethereum (ETH)  or  Bitcoin (BTC)  to  purchase LBT Token , I will instruct you to load ETH offline, because ETH confirm transaction faster than BTC, you will not have to wait long If you want to load BTC then do the same way offline.
Step 1 : Click " Wallet " on the upper menu on the left of the screen => click on " Deposit ETH " as shown below, if you want to load BTC, right next to it.
Buy LBT Token. Photo 1
Step 2 : You will get your ETH wallet address on LetBet as you redistributed below, now you will load ETH into this wallet. If you already have ETH somewhere (such as Blockchain, Coinbase, MyEtherWallet or even on the trading floor), just move on is, if not, then via  Remitano  or  Vicuta  to buy offline. See the ETH buying guide on Remitano and Vicuta below:
In the 2 instructions to buy ETH on you notice the " How to buy ETH ... " when making a purchase, there will be "Enter your ETH wallet address " then you enter the wallet below.
Buy LBT Token. Photo 2
Step 3 : After buying and loading ETH, you need to wait for transaction confirmation time of 15 minutes, as your only takes 10 minutes is ETH already in the ETH LetBet wallet, then personally invested 10ETH before Then, now I do the tutorial should only demo 0.2ETH into this account as shown below you can see.

Buy LBT Token. Photo 3

Step 4 : To buy LBT Token, click on " ICO " on the left menu under " Wallet " and scroll down to " Buy with Ethereum ". Purchase limit will be from 200 LBT to 50,000 LBT, enter the amount of ETH you want to buy in the " ETH Amount " box, the " Estimate Earnings LBT " will display the LBT number you have purchased, then click on " BUY LBT " to buy.
Buy LBT Token. Photo 4


Step 5 : If successful, immediately after clicking on "Buy LBT" will have a message " Buy LBT Success " blue on the corner of the screen, now you go to " Wallet " to check your LBT balance. You probably will not see the LBT balance right away, but you have to wait a few minutes for the system to update, you will see LBT balance as your below.
Buy LBT Token. Photo 5

Ok. So it's time for you to wait until the ICO is over.  LetBet  will allow you to remove the token on the ETH card that supports Token ERC20 such as  MyEtherWallet  (MEW) or  ImToken (for mobile). If you do not have one then create now, see instructions for creating and using the MyEtherWallet wallet below:
I will write the instructions to withdraw LBT Token on the wallet MEW as soon as they allow withdrawal, so follow the Virtual Money Blog to update the instructions soon nhé. You can update the fastest tutorial on  Facebook Fanpage  and   Blog Telegram .

Epilogue

Here is the article " [ICO Review] What is Let Bet? ICO project potential investors sell Token LBT open in February and 3 "hopes to help you with more useful information and overview of  project ICO 's  Let Bet Coin . This is an extremely potent ICO project that  virtual money blogs  highly valued, moreover, this is a pure ICO, not MLM, you determined to invest long term rather than eating as ICO MLM projects. Where are you?

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