The CyBet community main idea is to set up a fully decentralized betting club based on the blockchain, where a cryptocurrency CyBet token, with secure smart contracts, will be used as a means of betting and payment. With CyBet token you can participate on CyBet as betting company by list your odds or participate in betting by selecting the most attractive odds of your favorite sports!
CyBet Club platform with CyBet allows you to set betting odds or place a bet on major sports anywhere in the world using secure smart contracts. CyBet is decentralized and is self-regulating. No more worries about regulations or betting companies also known as bookmakers. In addition, the betting platform will ensure that all CyBet Club members are 100% anonymous and thus protecting identities. CyBet Club members will use preferred nicknames in the betting platform.
100% of CyBet Club operating revenue is used to reward the CyBet token holders for their loyalty by taking the CyBet token revenue out of circulation for 1,000days; and that’s where it gets exciting, the more bets users place the more valuable CyBet becomes. That’s because taking Cybet tokens out of circulation for 1,000days using secure smart contracts shrinks the token supply and scarcity drives up the price of CyBet. We call this value coupling. The usage of CyBet is systematically tied to the value of the token. The passion for sports must be rewarded.