Categories: Press Release

EOSBet Marches Toward Mass Adoption With Launch of Account System and Bitcoin Betting

February 20th, 2019, Willemstad, Curacao  At the end of 2018, EOSBet received an official online gambling license and certified itself as one of the top-rated EOS dapps. EOSBet has stormed into 2019 releasing a decentralised account system along with native Bitcoin deposits and betting.

EOSBet Account System Features

Typically, interacting and engaging with blockchain technology has numerous entry barriers, such as setting up cryptocurrency wallets after going through the lengthy process of obtaining cryptocurrency in the first place.

However, the EOSBet team worked to develop a system which enables users to deposit funds from any source and easily bet without the use of a wallet or 3rd party software. This system also covers all blockchain costs for players, allowing them to play just as easily on a decentralised casino as a traditional centralised one.

Like all other aspects of the platform, EOSBet’s account system is decentralised and completely on-chain. All actions are fully viewable on any block explorer and become permanently part of the EOS blockchain. The system is also non-custodial, meaning players always maintain complete and sole control of their funds.

EOSBet has stated that they built this system with the average non-technical gambler in mind. The two-click sign up process is simple, intuitive, and easier than creating an account on many centralised sites. This advancement allows non-EOS account holders to bet securely and participate in EOSBet’s exceptionally generous player rewards program, opening the door to new markets. One month after launch, the account system has over 280 users who have collectively bet over $1.3M USD.

Introducing Bitcoin Betting

EOSBet has become the first on-chain casino to natively accept Bitcoin, with many more currency implementations on the way. Players simply deposit BTC to their accounts, play instantly, and withdraw when they please.

This development is a significant step forward in the company’s stated goal of bringing thousands of new users to the platform. Bitcoin gambling is a multi-billion dollar market, with hundreds of BTC bets placed each second on various centralised sites. EOSBet’s provable fairness, full decentralisation, and attractive player rewards program offer an enticing reason for players to move to the platform.

Additionally, the team plans to accept BCH, BSV, LTC, DASH, DOGE, ETH, TRON, and XRP. The high-speed gameplay users have come to expect from EOSBet will not change regardless of the currency used. BET token holders will receive dividends for life in all currencies offered. To date, the platform has distributed over $2M USD as part of its Player Rewards Program.

The platform is also expected to launch two new games, a stimulating leaderboard, and a token distribution program in Q1 2019. Off to a hot start this year, the top-ranked blockchain casino is looking to take the online gambling world by storm and bring a compelling blockchain use case to the mainstream.

Media Contact Details

Contact Name:Frej Andersen
Contact Email: frej@eosbet.io

Visit the EOSBet Official Site – https://eosbet.io
Create an Account now – https://eosbet.io/register
Chat on Telegram – https://t.me/eosbetcasino
Follow on Twitter – https://twitter.com/eosbetcasino?lang=en
Read the Medium – https://medium.com/@eosbetcasino
Catch EOSBet on Gitlab https://gitlab.com/EOSBetCasino

EOSBET is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Guest Author

Share
Published by
Guest Author

Recent Posts

Circle of Games – The multi-gaming platform raised funding from Nazara

Circle of Games (COG)—Web3's multi-gaming platform has raised a $1mn round from Nazara, with participation…

1 week ago

Unconference Bali 2024: Pioneering the Future of Web3 in Paradise

Unconference Bali 2024, Asia’s premier Web3 event, is poised to take center stage against the…

2 weeks ago

Tradeleaf Ignites Trade Finance Revolution with $TLF Listing on MEXC

Tradeleaf, a leading FinTech company empowering global trade through digital solutions, recently celebrated a significant…

2 weeks ago

Foundership Global Accelerator Teams Up with XDC Network to Propel Web3 Startup Innovation

Foundership Global Accelerator, a prominent force in the Web3 & Emerging-Tech Community boasting over 10,000…

2 weeks ago

Condo, the world’s first meme token based on Real-World Asset (RWA), launches on Base Chain with innovative treasury investment strategy

April 16, 2024 - Condo, the world's first real-world asset (RWA) meme token, was recently…

3 weeks ago

Partisia Blockchain Debuts $100 Million in $MPC Grants to Enhance Blockchain Technology and Token Utilization

The Partisia Blockchain Foundation, at the forefront of crafting privacy-enhancing and interoperable blockchain platforms, today…

3 weeks ago