CryBet (CBT)

CryBet (CBT) is a cryptocurrency that aims to provide a transparent and provably fair online casino and sportsbook experience. The mission of CryBet is to offer low transaction costs and near-instant withdrawals of any amount. By leveraging blockchain technology, CryBet aims to adapt possibilities and provide on-chain gaming solutions that other platforms in the blockchain casino community can easily adopt. CryBet also strives to create a safe and risk-free environment for bettors, offering a reliable and secure investment alternative.

CryBet addresses several significant problems in the online gambling industry. One of the key issues it tackles is fairness. All transactions and computations on CryBet are based on the Ethereum network and its unbiased smart contracts, eliminating vulnerabilities in traditional blockchain systems. Additionally, CryBet focuses on reducing transactional costs and processing time, enabling near-instant payments with negligible fees, even for the smallest wagers.

CryBet offers a range of additional features to enhance the user experience. It includes a random number generator using a repeated hashing function to generate random numbers, guaranteeing transparency and verifiability. CryBet Network is a unique solution that improves transaction cost efficiency, creating a payment mesh between players and the casino. The Game Developers Kit provides the necessary tools for game creation and seamless adoption into the platform, while the CryBet Vault ensures liquidity for the Sportsbook section. CryBet also aims to establish a global jackpot by connecting multiple CryBet platform operators, accumulating a percentage of winnings into one massive jackpot.