SteemBet - Next Gen Steem Gaming

Introduction

The world of cryptocurrencies have received a major boost over the years, and this is because of decentralized platforms. Decentralized platforms have made the crypto world a place to be always, with transparency and the power for one to use his assets as he wants without the interference of any third-parties.

One sector apart from social platforms that have boosted the crypto world are games. Decentralized gaming platforms have always filled the crypto world with so much fun and happiness. Just imagine, having fun with games, which do not only cause you joy but also make you have value for playing. You don’t lose here, but you earn more crypto tokens for playing.

Now let me thrill your gaming experience, with a new decentralized game built on the steem blockchain months ago. This game is no other game than steem-bet.

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What is Steem-Bet?

SteemBet is a decentralized gaming platform based on blockchain technology. This gaming platform was launched about three (3) months ago on the steem blockchain. SteemBet gaming platform is committed to building a global network by incorporating the features of the blockchain.

SteemBet leverages benefits from distributed encryption accounting and flexible financial token model to rich graphics and efficient on-line game interaction. It is aimed to be an optimal blockchain autonomous platform for cross-platform experience and achieving mutual-beneficial with its users via revenue share.

One earns SteemBet Platform Token (SPT) on this gaming platform. As at now, the only game available on the SteemBet game platform is a dice game, but it seeks to add many different types of online games to its platform in the future. These future games will be verifiable by non-tampering TxHash to ensure fairness and transparency, and eliminate the drawbacks of traditional online gaming.

Getting Start With SteemBet

• To play SteemBet, all one needs is to logon https://steem-bet.com

Screenshot from steem-bet.com

• Sign in with your steem account (steem username and password). With the sign in, there are two ways one can do that. One can either sign in through steemconnect or through steem keychain. To sign in with the keychain, one is to install the keychain extension on chrome, then log in with your steem username and active key. After logging in on the keychain extension on chrome, get back to the SteemBet site to only key in your username at the login with keychain to log you in.

Screenshot from steem-bet.com

• After loggin in with keychain or steemconnect option, one then see your dashboard and the progress you have made so far on the platform.

Screenshot from steem-bet.com

Even though SteemBet is built on the steem blockchain, and uses Steem, SDB and SBT as the base currency of its platform, and it will soon support other mainstream digital currencies,
including BTC, BCH, LTC, EOS, ETH, and XRP.

How To Earn On SteemBet

One can earn on SteemBet through;

Screenshot from steem-bet.com

Referral Program
As a user of SteemBet, you refer your friend or anybody yet to join the platform with your unique referral link that will earn you a 0.2% of their total bets. Note that, even if you are not active or do not play the game at all, you still earn that profit with your referral links

By Delegating
Any user on the steem blockchain can earn on SteemBet by just delegating sp to them. SP delegators get SteemBet tokens according to the amount of sp delegated meaning the higher the sp you delegate the higher amount of SteemBet tokens you get.

SPT Investor
By being an SPT investor on SteemBet, you will be among the SPT investors to hold a total of 60% of SPT tokens, that is 30% of the platform’s profit will be allocated to SPT investors. As an SPT investors, you can resell your SPT tokens to platform through black-box auctions, or hold SPT tokens for price appreciation.

What Makes SteemBet Unique

As we all know every gaming platform has its own unique characteristics that make one love it, and SteemBet is of no different. With SteemBet, there are;

Transparent Rules
The dice game available on the Steembet game platform deals with random numbers and it is reliable on the blockchain. This is because by obtaining the hash value of the block, its cryptographic characteristics guarantee randomness of the result, and the random number has the advantage of being distributed, open and untampered with. Therefore, in a decentralized bet, the possibility of human manipulation is mathematically eliminated, and the players’ trust can be obtained.

Asset Security
With SteemBet, users use digital tokens as a gaming chip to make bets. The flow of funds is always convenient and free, and is not restricted by the laws of any countries or third-parties. Which make the users’ privacy protected, and also the privacy of users properties can be guaranteed.

Privacy
Users of SteemBet only need to use a digital wallet address (representing betting participants) to participate in the game, which can effectively protect the information security of every user on the game platform. Hence the privacy of every user is safe.

Zero Trust Cost
The smart contracts of SteemBet are non-stoppable executed and make its users interact directly with contract. Since there are no interventions of a third party, the entire process of SteemBet is transparently executed. There is no possibility of anybody cheating the other on the game platform, therefore there is an establishment of trust among all parties.

References

• SteemBet website
• Whitepaper
• Steem account

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Disclaimer: This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.