Hi guys! It's your favorite crypto blogger with another round of juicy crypto gossip!

The second and third half of 2018 has now become what a lot of people in the cryptosphere call "the altcoin craze" with lots of new crypto projects popping up everyday. I have classified these projects into 3 categories based on their nature:

The Big SCAMS

These ones are littered everywhere in the cryptosphere. They are engineered by lazy people who have sat down to properly think of schemes to illegally take hard earned money from people and run away with it. According to a recent report I read, in the past 3 months, over $300,000 has been carted off by scammers in respective projects, meaning that investors have lost a whooping sum of $300,000 over the past 3 months without getting anything in return. Shame!

The Confused Ones

I call them Confused because, frankly, they do not know what they want to do in life. They come up with ideas that are really unsustainable and unplanned with no profitable usecase. Little wonder after these platforms launch, they come crashing down because there is no well thought out structure to its existence. Just for them to gather up money to list on an exchange, dump there and leave the investors stranded with the effect of the low prices. I remember a dev I worked with at a time, at the time of launch, his coin listed for a pretty impressive sum but 5 days later it dropped by 800%. And that was the end of it for those investors.

The Platforms

These ones are called platforms because these ones start off with a solid plan backed up by a physical platform that can be accessed by users. This engenders trust with experienced Investors because they can see that this team is actually serious about their project. To top it up, the team follows their plan to the latter, backed up by a well thought of whitepaper explaining the real life usecase of their project. Smart Investors understand the necessity of getting into these projects early because they know it will benefit them in the long run, so what they do is buy a piece of the "national cake" and squat in one corner while watching the proceedings of the project as it climbs further up on the success ladder.

Some of the platforms, which are the ones with real life usecase include TV based blockchain platform, Football streaming based blockchain platform, social media based blockchain platform and the subject for this article, Betting based blockchain platform.

Betting Based Blockchain Platform

Betting based blockchain platform takes the thrill from regular betting events and brings it to your doorstep, or your phone to be precise, and allows you to make money from betting. There are hundreds of betting games on olaustore and other app stores that pay you points that makes you feel good for a while. But imagine betting games that you can actually earn from and make big wins playing them.

Unsurprisingly, several platforms have come up with blockchain betting and have already began to create a niche market where people can bet and win. But, one of these platforms stand out in its uniqueness and usecase which is much more immersive than the rest. The name of the platform is Altbets.

Altbets

Altbet is an open source cryptocurrency focused on fast private transactions with low transaction fees. It is a revolutionary online mutual betting platform based the Altbet cryptocurrency that allows you to place bets on your favorite betting
sectors with the altbet coin (ABET) and in consequence, to rapidly multiply your crypto-wealth. The purpose of Altbets is to integrate modern Cryptocurrency with the traditional meanings of gambling and wealth. There will be virtually no demarcation with your online gambling experience and real life. The sweat, the adrenaline, the tension, the calculation, the GAMBLE and everything else just became a 100 TIMES MORE REAL!!!

The problem with most crypto tokens is their ability to sustain their viability, but what could be more viable and sustainable than a platform that converts passion into real life rewards?

Features

Sports

You will be able to bet on popular sporting events like football, tennis, basketball, rugby, combat sports and much more. All these categories will be available to you in the Altbet platform to pick your drug of choice and earn massive rewards playing them.

Esports

This includes virtual reality games like call of duty, dota 2, fortnite, over watch, league of legends, call of duty etc. Betting across various platforms has never been easier.

Markets

You will also be able to predict crypto market prices and earn rewards for correct predictions. Different alts and will be featured for prediction and winning.

Special Events

Miscellaneous and random events across the world will also be on the table for prediction. Will America eventually go to war against North Korea? Is Kim Kardashian really having a thing on the side with drake? Political, national and celebrity categories will be available for prediction on the Altbet platform.