U-BET Coin – Decentralized Sports Betting Powered by Masternodes (MN) and Smart Contracts
https://u-bet.io/
INTRODUCTION
The U-BET Decentralized Online Blockchain Based Sports Betting Platform is designed to provide the comfort and joy of Sports Betting for our users and investors. Millions of people worldwide would love to have a user-friendly, simple, clear app or service for placing bets notwithstanding legislation or country specific restrictions and limitations. All these people dream of a service with transparency and reliability, with control over their funds, bets and gains. All of these are the primary focus for U-BET.
An average number of sports bets per year on a similar platform is roughly 250,000,000 bets.
Have you ever imagined having access to the best of the two worlds, cryptocurrency and sports betting, with no law related limitations? Have you ever imagined having a fully recorded transparent history of transactions and bets? Have you ever imagined a service you could invest in once and gain profits on a constant basis and to also have the ability place more and more bets increasing your chances to win without spending an extra dime? Have you ever thought of having a true passive income doing an activity you enjoy? If your answer is YES, then welcome to U-BET!
One of the crucial issue that U-BET is resolving is the issue of having 24/7 access to your profits and the ability to withdraw your cash anywhere in the world. This is possible with the U-BET plastic card usable with all ATM irrespective of the country you are in (the issuing partners of the pre-paid plastic card have been identified and contracted. Some extra steps are required on our side: legal registration and licensing. All of these are planned and scheduled and are specified in the Roadmap).
The supported sports for betting include Baseball, Soccer, Golf, Tennis, Basketball, American Football, Hockey, UFC/MMA, Boxing, E-Sports, Horse Racing, Rugby, Snooker, Darts, Cycling, Volleyball, Poker, Motorsports, Table Tennis, etc.
U-BET is a blockchain based, smart-contracts backed, user and investor-oriented platform serving one purpose - to maximize your gains.
ROADMAP
Q3 2018
JULY 2018: U-BET Lightpaper formalization
JULY 2018: Website development
JULY 2018: Blockchain development
JULY 2018: Media content creation
JULY 2018: Marketing planning
AUGUST 2018
EARLY AUGUST 2018: U-BET website goes live
EARLY AUGUST 2018: Marketing strategy implementation
EARLY AUGUST 2018: U-BET Platform (early pre-alpha version) goes live
EARLY AUGUST 2018: Bounties continued. An invitation campaign is launched
LATE AUGUST 2018: U-BET blockchain goes live
LATE AUGUST 2018: U-BET masternodes pre-sale starts
SEPTEMBER 2018
EARLY SEPTEMBER 2018: First exchange listing (https://bitebtc.com will be the first exchange for U-BET. Exchange pairs with BTC, ETH, USD)
EARLY SEPTEMBER 2018: Listing with Masternodes.Online (https://masternodes.online/), Masternodes.Pro (https://masternodes.pro/), MNCN.Online (https://mncn.online/)
MID SEPTEMBER 2018: Partnership with BITSCOIN Korean service provider (https://bitscoin.co.kr/)
MID SEPTEMBER 2018: Listing with the Blockfolio (https://blockfolio.com/) and with the DELTA (https://getdelta.io/)
LATE SEPTEMBER 2018: Partnership with GINCoin (GIN) platform
LATE SEPTEMBER 2018: Listing with C2CX (https://www.c2cx.com/)
Q4 2018
EARLY OCTOBER 2018: Pre-beta apps and platform are presented to the community and the investors
EARLY OCTOBER 2018: Public beta testing of the Android U-BET app (with in-built wallets and exchange to BTC and vice versa)
MID OCTOBER 2018: CoinGate gateway activation
MID OCTOBER 2018: Activation of CoinPayments gateway to accept altcoins, deposit fiat currency and withdraw fiat currency
LATE OCTOBER 2018: Listing with INDODAX (https://indodax.com/)
NOVEMBER 2018
EARLY NOVEMBER 2018: Submittal of the required documents to register 2 offices – one in Malta, the second one in the Isle of Man (two offices are needed to optimize the issue of payment processing services and gateways arrangements enabling features like fiat currency support and pre-paid cards support)
DECEMBER 2018
EARLY DECEMBER 2018: Registration of the offices is complete. Applications submittal for acquisition of sports betting licenses
MID DECEMBER 2018: Signing an agreement with entities issuing pre-paid cards (partners found, but official registration and licensing are required – please ref. above)
LATE DECEMBER 2018: Sports Statistics Service Providers integration (2 providers identified, contacted and agreed)
LATE DECEMBER 2018: Activation of Smart-Contracts
LATE DECEMBER 2018: Full-scale commercial launch of the betting platform and the apps for everyone
LATE DECEMBER 2018: First batch of pre-paid cards get delivered to the investors and clients (all the related actions to get a card will be integrated and available in the U-BET app on the platform of your choice. Shipping costs will apply. International worldwide shipping will be possible. Two options will be available: KYC authorization and no KYC authorization with limitations on cash withdrawals)
SPECIFICATIONS
U-BET will be mineable for a limited time only (POW will be active for around 3 weeks only). After block 10,000 the blockchain will be switched to POS and MN rewards only. This approach guarantees protection against common attacks and guarantees appreciation of the coin to ensure the security of the investments on the side of the U-BET investors.
Coin Name: U-BET
Coin Ticker: UBET
Address Initial Letter: U
Block Reward: 10 U-BET Coins
Masternode Collateral: 2,500 U-BET Coins
Block Reward: 20% / 70% / 10% (20% POW / 70% masternodes / 10% development, further marketing & promotion fund)
PoW Algorithm: X16r
Block time: 120 seconds
Diff Retargeting: Every block
Halving: 12 months
P2P Port: 20188
RPC Port: 20199
Max Supply: 22,000,000 U-BET Coins
Pre-mine: 3%
POS Activation block: 10,000
Minimum recommended amount of coins to POS: 1,000 U-BET
Reward allocation after POS ACTIVATION: 30% POS, 60% MNs, 10% Development, future promotion and marketing fund
GitHub: https://github.com/ubet-coin-official
The DEV FUND (Development & Promotion Fund): This fund is needed to ensure further stable and sustainable development, improvement, marketing and promotion to cover new parts of the Globe.
INSTAMINE PROTECTION:
4 U-BET Coins block reward for the first 500 blocks.
10 U-BET Coins block reward afterwards
MASTERNODE ACTIVATION:
Masternode payments enforced TEN (10) hours after the launch
PRE-MINE DISTRIBUTION DETAILS
There will be 660,000 U-BET coins allocated as the Pre-mine, which is 3 % of the max supply.
1. Pre-sale MNs.
The Pre-sale will take place before the Mainnet launch.
The purpose of the Pre-sale is to get funds for a smooth Mainnet start, to pay for various listings and the launch of initial PR and marketing campaigns. These funds will also partially be used to prepare packages needed for legal registration and incorporation. Most of these expenses are legal advice services and formalization of legal documents.
2. 50,000 U-BET coins will be reserved and will be used for advertising and marketing campaigns, bounty payouts and to cover other marketing related needs.
3. 50,000 U-BET coins will be reserved for the cases of unforeseen expenses and could also be spent on advertising, marketing and promotions.
4. The rest of the pre-mine will serve the purpose of stabilizing the coin if needed.
MINING POOLS
No mining pools will be provided. Such a decision was made to protect the investors and the coin rate and value. Mining will be possible with CPUs ONLY, WITHOUT ANY MINING POOL.
U-BET COIN LANUCH DATES
Announcement: August 20, 2018 (DONE)
Website and Lightpaper go public: August 20, 2018 (DONE)
GitHub Code goes public: end of August, 2018
Coin Blockchain launch: Wednesday, August 22, 2018 @ 1 PM UTC
Bounty Campaigns Launch: August 16, 2018
TRANSLATION BOUNTIES
Announcement Thread:
German: TAKEN - https://bitcointalk.org/index.php?topic=4938446.new#new
French: TAKEN - https://bitcointalksearch.org/topic/--4933467
Italian: TAKEN - https://bitcointalk.org/index.php?topic=4913606.new#new
Spanish: TAKEN - https://bitcointalksearch.org/topic/annpowpos-u-bet-coin-sports-betting-masternodes-4935581
Portuguese: TAKEN - https://bitcointalksearch.org/topic/ann-u-bet-new-coin-4941405
Chinese: TAKEN - https://bitcointalksearch.org/topic/annpowpos-u-bet-coin-masternodes-4917890
Korean: TAKEN
Japanese: VACANT
Vietnamese: TAKEN - https://bitcointalksearch.org/topic/--4940652
Filipino: TAKEN - https://bitcointalk.org/index.php?topic=4940399.new#new
Malay: TAKEN - https://bitcointalksearch.org/topic/--4938662
Indonesian: TAKEN - https://bitcointalksearch.org/topic/ubet-con-pow-pos-mn-4940594
Arabic: TAKEN - https://bitcointalksearch.org/topic/ann-ubet-4939813
Greek: TAKEN - https://bitcointalk.org/index.php?topic=4939954.new#new
Hindi: TAKEN - https://bitcointalksearch.org/topic/annpowpos-u-bet-coin-sports-betting-masternodessmart-contracts-4918084
Turkish: TAKEN - https://bitcointalksearch.org/topic/--4912931
REWARD: 200 U-BET coins per a language
TRANSLATION RULES:
Google translations will not be accepted nor paid!
You need to show at least 2 previous translation examples when reserving and WAIT FOR APPROVAL before you start translating anything!! If you do not receive approval, you will not get paid!!
You will need to keep your language’s thread updated (Approving person via Discord: average.joe#6603, Discord ID: 460495849731129349).
JOIN THE U-BET FRIENDLY TEAM!
We are looking for friendly and open minded Community Managers and Moderators that will take care and help foreign investors with U-BET services.
More Bounties will start on August 22, 2018. Make sure you join our Discord server (https://discord.gg/bd2ExwB), our Telegram channel (https://t.me/ubet_coin_official), and follow U-BET on Twitter (https://twitter.com/ubet_coin) and the Facebook (https://www.facebook.com/ubet.coin.official) to get the latest updates.
Some of the examples of bounties we are planning to hold include:
YouTube Video Bounty;
Articles / Blog Posts Bounty;
Social Media Bounty;
Discord Invite Contest Bounty, etc.
U-BET COIN PRE-SALE SCHEDULE AND DETAILED INFO
The pre-sale start: August 22, 2018 @ 1 PM UTC. A U-BET masternode will be sold at (3,000 USD rate converted and paid in BTC or LTC, or LTC as of the time of purchase).
SALE DETAILS:
The sale will be held on our Discord server by the U-BET Team.
A maximum of 5 masternodes per person will be provided. No limitation for shared masternode services.
The sale time zone is UTC. Double-check your local time at https://time.is/UTC
Allocation of the pre-sale funds:
Masternode Listing Services: 8 BTC
Exchange Listings: 10 BTC (https://bitebtc.com will be the first exchange for U-BET. Exchange pairs with BTC, ETH, USD)
Company and offices registration: 8 BTC (legal support charges included)
Acquisition of software Licenses: 4 BTC
Acquisition of betting licenses: 5 BTC (legal support charges included)
Hardware Cost: 2 BTC
Support Personnel Charges: 2 BTC
Worldwide Marketing: 6+ BTC (areas to be covered: Asia, North & South Americas, Europe, US)
U-BET Team on Discord:
(!!! PAY ATTENTION !!! AVOID SCAMMERS !!!)
average.joe#6603
Discord ID: 460495849731129349
SOCIAL MEDIA & OTHER LINKS
WEBSITE
https://u-bet.io/
https://www.facebook.com/ubet.coin.official
LINE
https://line.me/R/ti/g/C8fQjAOswO
MEDIUM
https://medium.com/@ubet.official
QQ INTERNATIONAL
https://jq.qq.com/?_wv=1027&k=5HcmGAD
https://u-bet.io/img/qr.jpg
GITHUB
https://github.com/ubet-coin-official
YOUTUBE
https://www.youtube.com/channel/UCw0ZeB60jfxflyUlZfo27VQ
https://www.instagram.com/ubet_coin_official/
SLACK
https://u-bet-coin-official.slack.com
https://www.reddit.com/user/U-BET_Coin_Official
TELEGRAM
https://t.me/ubet_coin_official
DISCORD
https://discord.gg/bd2ExwB
https://twitter.com/ubet_coin
STEEM
https://steemit.com/@u-bet.coin