PlayBets
PlayBets
Token: PLT


Decentralized Gaming Platform with Mass Gambling

ICO dates
Start date: 2018-04-01
End date: 2018-04-30

Registrated in: Ukraine

Platform: Ethereum
Type: ERC20

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https://playbets.io/ Screenshot
PlayBets categories
Casino & Gambling Cryptocurrency Investment Platform
PlayBets whitepaper
Video
PlayBets token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 1000000 USD
Hard cap 10000000 USD
Tokens for sale 207,000,000
Token distribution in ICO
69%
69%
Price 1 ?TH = 6000 PLT
Price in PreICO 1 ?TH = 8000 PLT
Minimal investment 0.1 ETH
Acceppting ETH, BTC, BCH, LTC, KICK
PlayBets news, social
PlayBets search trends in Google
Random whitepaper excerpts

Introduction
As of December 2017, cryptocurrency market is worth over $600 billion dollars (СoinMarketcap).
Online gambling games market in the last year was worth $44 billion dollars (Technavio).
It is expected that revenues from the online gambling games market will exceed $60 billion
dollars by 2020.
This business line is one of the most profitable in the industry. Nonetheless, even such a
large market has a range of problems, such as
security
,
honesty
and
lack of bias in game
results
, playing for money or cryptocurrency in gambling, there is no confidence in their
honesty, that the results are not framed or forged by a special algorithm.
Solving these problems with our many years of experience served as the inspiration
for PlayBets.
PlayBets
— first decentralized game platform with a catalog of mass gambling games
,
a key part of which is built on
Blockchain
and
Smart Contracts
technology. One of i...

Contents
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3.1.
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3.4.
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4.2.
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7.1.
7.2.
7.3.
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8.1.
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10.1.
10.2.
10.3.
10.4.
10.5.
10.6.
10.7.
10.8.
10.9.
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13.
13.1.
13.2.
13.3.
13.4.
14.
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16.
16.1.
Introduction
Market review
Gambling games
Online gambling games
Cryptocurrency market
The blockchain and online gambling games
Product information
Problem definition
Problem solution
Main advantages
Key features of the PlayBets platform
Main concept of the platform
How it works for players
How it works for developers
Bounties, loyalty referral program
Game catalog
Description of Jackpots
Jackpot distribution
Position distr...

Market overview
Below is a short description of the business sphere and tendencies that may influence the
PlayBets platform and PLT tokens.
Gambling games
According to data from H2 Gambling Capital, casinos with a wide range of games became
key players in the online gambling games industry in 2016. In monetary equivalent, its
share equaled 132.8 billion US dollars with a market share of 37%. The lottery segment took
30.9% (or $111 billion), followed by slot machines with 19.3% (or $69.4 billion).
The revenue structure of the global offline
gambling market in 2016 (billion dollars in %)
When it comes to the online gambling games market, there are particular differences. Bets
is leader with 48.7% of the market (21.4 billion dollars). Casinos and lotteries follow them.
They have 26.8% (11.8 billion dollars) and 8.8% (3.85 billion dollars) respectively.
4
...

Offline and online gambling games
The revenue structure of the global online
gambling market in 2016 (billion dollars in %)
The offline gambling games market in 2016 was worth 359.3 billion dollars, while
the online gambling games market was worth 44 billion dollars. As we see from the
graph below, both the offline and online markets are gradually growing.
It is noteworthy that online gambling games are growing faster than offline ones.
According to the predictions of H2 Gambling Capital, the offline gambling industry
occupies only 11.5% of the overall market revenue, while online it will grow in the
future. It is expected that revenues from the online gambling games market will
exceed 60 billion dollars by 2020 with a total yearly growth rate of roughly 10%.
Offline and online gambling games revenue (billion US dollars)
5
...

Cryptocurrency market
Parallel to the games development market and the gambling games market, the
cryptocurrency market is expanding and growing at a high rate. And although it is
difficult to make predictions, the numbers are unequivocally showing that demand for
cryptocurrencies is growing rapidly. Although each currency’s market value fluctuates
(depending on various events that influence the different phases of what is known as the
‘Hype Cycle’ (Gartner’s Hype Cycle for Emerging Technologies), we can still expect them
to become widespread.
In other words, today’s conditions are excellent for the advancement of cryptocurrencies.
Cryptocurrencies have achieved market capitalization exceeding $600 billion for the first
time (СoinMarketcap). As of December 2017, it has exceeded $600 billion.
Bitcoin (BTC) has the greater share at 47.3%. The recent proliferation of other coins such as
Ethereum (ETH), has enabled the achievement of maximum market capitalization. Bitcoin
has reached ...

Blockchain technology and online gambling games
Cryptocurrencies are quickly capturing the online gambling games market, becoming
the most popular payment methods among gamblers. Until recently, only a few game
resources accepted bitcoins, but today its integration into payment systems has become
ubiquitous.
According to experts of the gambling games market, cryptocurrencies will take a leading
position in the market and fulfill a key role in this sphere.
This is happening primarily because of its more loyal control in comparison to fiduciary
funds for both market participants – players and online operators.
The most obvious advantages of using it are:
• openness and honesty in hosting games
• no need to identify players
• lack of limitation on number of transactions
• automation of internal processes, faster payments
• reduced minimum payment threshold
• creation of internal service ecosystem
As a consequence, cryptocurrencies are becoming the most reliabl...

Product information
Problem definition
According to statistical and sociological research, 5% of all internet users are gamblers.
Roughly 100 million people play gambling games online all over the world.
Poker, blackjack, all kinds of slots, roulette and other games are considered widespread.
Many game services offer a limited selection of games by genres on their platforms,
thereby constricting their potential player audience, which at this moment amounts to
2.3 billion people.
The majority of services implemented with blockchain technology are specialized games
of a single genre – Dice, Poker, Lottery and others, focusing on only one thing.
The difference between players that play ordinary games and players that play gambling
games is an enormous untapped niche not currently exploited by any game platform
based on the blockchain with mass online gambling games aimed not only at a gambling
audience, but also at ordinary players.
A platform designed not only to simplify all the proc...

Problem solution
Solving these problems with our many years of experience served as the inspiration
for creating
PlayBets
— decentralized game platform with a catalog of mass online
gambling games.
Where a key feature is provably fair, prosimple and engaging gambling games designed
for anyone, even non-gambling players, with open and honest results.
In contrast to other decentralized platforms, in which transactions are mainly performed
in Ether or bitcoins, PlayBets uses special tokens based on ERC20 – PLT.
They have been introduced with the aim of creating an internal ecosystem on the game
platform, a loyalty program and rapid scaling. This approach provides a multitude
of possibilities, for example organizations belonging to the community, white label
solutions etc.
The main transactions within the game platform are transparent and available for checking
on the blockchain. Transparency guarantees a lack of malevolent agents or predatory
actions from the very beg...

PlayBets Roadmap

1
Q1-2, 2017
- Global market research?
- Elaboration on PlayBets platform concept
2
September 2017
- PlayBets platform development
3
October 2017
- Launch Alpha version of PlayBets platform
4
November 2017
- Launch Alpha version of Game ?1 (Lucky)
- PlayBets (PLT) platform tokens emission
5
December 2017
- Development of Alpha-version of game ?2
- Launching a Referral program
6
January 2018
- Launch of Game ?2
7
February 2018
- Development of Alpha-version of game ?3
- Game platform audience reaches 4,000 players
8
March 2018
- Launch of Game ?3
- Game platform audience reaches 6,000 players
9
April 2018
- Payment acceptance in BTC, ETH (license present)
- PLT tokens made available on Cryptocurrency exchange
10
May 2018
- Alpha version of blockchain protocol for Jackpots
- Online user area v2.0
- Development of Alpha-version of game ?4
11
June 2018
- Launch of Weekly and Monthly Jackpots (between players and token holders)
- Launch of Game ?4
12
August 2018
- Beginning of development for Games ?4-8
- Game platform audience reaches 30,000 players - Beta test of game publishing model with external developers
13
November 2018
- Launch of the PlayBets game platform
- Online user area v3.0 (release version)
- Integration of payments in BTC, ETH, BCH, LTC, XRP, DASH, KICK, ETC (9 currencies)
- Catalogue of 15 Games
14
December 2018
- Launch of Daily Jackpot between players and token holders)
15
January - December 2019
- Launch of the application’s mobile web version
- Launch of games No. 20-30
- Publishing of 25-40 new games from external developers
- Game platform audience reaches 510,000 players
16
January - December 202
- Transferral of game catalog to blockchain
- Launch of games No. 50-70
- Publishing of 100-130 new games from external developers
- Game platform audience reaches 1,500,000 players
Eugene Lavrinenko
Team Eugene Lavrinenko Director and Founder

Andriy Sharanyevich
Team Andriy Sharanyevich Founder and COO

Vladislav Shchetinin
Team Vladislav Shchetinin Marketing Department Manager

Vladimir Bobrov
Team Vladimir Bobrov Blockchain Architect

Daniil Demchenko
Team Daniil Demchenko Head Of Product

Yuri Klinkov
Team Yuri Klinkov CTO

Daniil Demchenko
Daniil Demchenko
Head Of Product
Senior Product Manager at Gigster
Eugene Lavrinenko
Eugene Lavrinenko
Director and Founder
iGaming Advisor
iGaming Advisor