• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Sensei Inu Logo Sensei Inu Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Breaking News: Breaking: Bitcoin Repayment Plan Gets New Deadline From Mt. Gox Trustee
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Bitcoin Repayment Plan Gets New Deadline From Mt. Gox Trustee

Decentralized Sports Betting Platform, EtherSport, Announces ICO

Bitcoin PR Buzz by Bitcoin PR Buzz
6 years ago
in Bitcoin PR Buzz, Press releases
0

The decentralized sports betting platform, EtherSport, has announced the launch of its ICO, which is set for November 13th.

[Note: This is a press release.]


EtherSport is raising funds through the issuance of its native ESC token, as a means of funding its roadmap and day-to-day operations. Ethersports’ goal is to create an innovative and transparent betting platform for sports events through the use of Ethereum smart contracts.

One way they plan on doing this is through their ‘Ethersports lottery,’ which involves people guessing the exact result of a sports event — something they claim no one can influence. The platform will offer two main products: “Lottery 11,” an innovative online sports lottery platform, and something similar to a a P2P betting exchange that will give players an option to do either one-on-one or one-against-all bets.

The lottery mechanism is handled via the Ethereum smart contract process, which affords participants completely fair and transparent results, avoiding unnecessary risks and scams. Because the platform leverages both blockchain tech and smart contracts, payouts will be instantaneous and transparent — all without having to fear scams or corruption because of the lack of third-party involvement in the process.

“We decided to make a perfect match between traditional online sports betting and cutting-edge technologies, namely, blockchain and smart contracts, to guarantee the fairness and full transparency of the process,“ says Alex Tsymbal, CEO and Co-Founder of EtherSport. “The platform provides equality for each participant in the system, and smart contracts guarantee the fulfillment of all conditions and payouts.”

The platform also guarantees unlimited winnings, with no limitations on betting amounts. Fast withdrawals, streamlined and easy registration with minimal personal information, and data about users will avoid third-parties.

EtherSport guarantees ease-of-play as well, with its simple lottery system. EtherSport will launch its Lottery 11 for testing early into Q1 of 2018. This will allow for preliminary, unsimulated testing. Shortly after this, Lottery 11 will be released fully, allowing users to wager ESC tokens on events. By Q2 of 2018, P2P betting will be enabled, whereby players can bet against each-other.

EtherSport ICO

To raise funds for the ongoing development of the platform and project, EtherSport will issue its native ERC20 Ethereum-based token – EtherSportCoin (ESC). ESC tokens can be used within the platform to buy the lottery tickets, as a way to earn (15% of the money raised from each lottery), or as a speculative commodity to trade on major exchanges. 100,000,000 ESC tokens will be created, with 70% of these being distributed within the pre-ICO period (November 13th to November 19th) and the main ICO (November 20th, to December 20th).

More detailed description of the EtherSport project, clear roadmap, profit distribution, and ICO stages are presented in the white paper, which is publicly available on the website. Additional links with information about the project can be found below:

Visit the Ethersport Website here to learn more: https://ethersport.io

Read the Whitepaper in English here: https://ethersport.io/whitepaper.pdf

Read the FAQ here: https://ethersport.io/faq.html

Reach EtherSport on Twitter here: https://twitter.com/ethersport_esc

Like EtherSport on Facebook here: https://www.facebook.com/ethersport.io/

Find EtherSport on Medium here: https://medium.com/@ethersport

Catch up on the Telegram here: https://t.me/joinchat/HAJNAA4UJPyoNf0n4dpe0A


Images courtesy of EtherSport.

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Bitcoin PR Buzz

Bitcoin PR Buzz

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

Related Posts

While Litecoin (LTC) and Aave (AAVE) try to break key resistance levels, Grimace is taking the lead!

While Litecoin (LTC) and Aave (AAVE) try to break key resistance levels, Grimace is taking the lead!

15 hours ago
Bitcoin (BTC) and Compound (COMP) At the Market Crossroads – What is the Next Step For Investors?

Bitcoin (BTC) and Compound (COMP) At the Market Crossroads – What is the Next Step For Investors?

16 hours ago
Next 10x Crypto Gems: 6 Coins Under $0.50 To Buy Now

Next 10x Crypto Gems: 6 Coins Under $0.50 To Buy Now

16 hours ago
TokenCoin — Guide to Earning Passive Income through Cryptocurrency Cloud Mining

TokenCoin — Guide to Earning Passive Income through Cryptocurrency Cloud Mining

16 hours ago
Pepe Coin Price Continues To Decline, Kangamoon and Shiba Inu Sees Increased Adoption

Pepe Coin Price Continues To Decline, Kangamoon and Shiba Inu Sees Increased Adoption

20 hours ago
Polygon (MATIC) and Ripple (XRP) are in the Recovery Mode: Why Everlodge (ELDG) is a Market Winner

Polygon (MATIC) and Ripple (XRP) are in the Recovery Mode: Why Everlodge (ELDG) is a Market Winner

20 hours ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit

Press Releases

  • While Litecoin (LTC) and Aave (AAVE) try to break key...

    15 hours ago
  • Bitcoin (BTC) and Compound (COMP) At the Market Crossroads...

    16 hours ago
  • Next 10x Crypto Gems: 6 Coins Under $0.50 To Buy Now

    16 hours ago
  • TokenCoin — Guide to Earning Passive Income through...

    16 hours ago
  • Pepe Coin Price Continues To Decline, Kangamoon and Shiba...

    20 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.