{"id":1161,"date":"2022-03-05T14:40:00","date_gmt":"2022-03-05T14:40:00","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/cashbet-coinwhitepaper\/"},"modified":"2022-03-05T14:40:00","modified_gmt":"2022-03-05T14:40:00","slug":"cashbet-coinwhitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/cashbet-coinwhitepaper\/","title":{"rendered":"CashBet Coin\tWhitepaper"},"content":{"rendered":"<div readability=\"102.64812575574\">\n<p>Mobile gaming and cryptocurrency are two of the fastest growing, demand-driven markets<br \/>in the world today. CashBet is merging these technologies into an iGaming solution and<br \/>issuing CashBet Coin to solve the problems facing crypto casino operators and players<br \/>today: speed, trust, cost, content and access.<\/p>\n<p>CashBet is the only complete, crypto-ready, mobile-first iGaming platform with an<br \/>established, profitable presence in regulated gaming markets. Launched in 2012, CashBet<br \/>has hundreds of thousands of registered players, tens of millions of Pounds Sterling<br \/>wagered, gaming licenses in multiple jurisdictions, and customers from all facets of<br \/>iGaming (real-money, social, and skill-based) from around the world.<\/p>\n<p>\u25cf The CashBet platform is uniquely positioned to set the standard in the<br \/>emerging cryptocurrency iGaming space. Architected and implemented by<br \/>iGaming veterans, its modular, end-to-end iGaming solution reflects years of both<br \/>B2B and B2C iGaming experience. It is creating a proprietary off-chain payment<br \/>technology that will significantly reduce costs and increase payout speeds, making<br \/>CashBet Coin the most desirable cryptocurrency in the iGaming market.<\/p>\n<p>\u25cf The CashBet platform is the only crypto-casino platform licensed in multiple<br \/>tier 1 gaming jurisdictions. The platform and all associated games \u2013 over 450 titles<br \/>\u2013 have passed rigorous third-party compliance testing. It features a player and<br \/>content management system, content distribution tailored for the crypto casino<br \/>market, a geo-verification system, and a responsible gaming module, all of which<br \/>can be licensed to crypto casino operators. It includes full support for<br \/>FATF-compliant Know Your Customer (KYC) and Anti-Money Laundering (AML)<br \/>compliance.<\/p>\n<p>\u25cf CashBet is white-label capable. CashBet empowers operators and developers to<br \/>easily launch their own bespoke iGaming sites, content, and apps.<\/p>\n<p>\u25cf CashBet Coin (\u201cCBC\u201d) tokens will be offered to token purchasers during a<br \/>token sale that commenced in January 2018. The acceptance of CBC will<br \/>democratize access to world-class entertainment for those underserved by the<br \/>centralized banking establishment.<\/p>\n<p>\u25cf The phases of the CashBet solution are as follows:<br \/>o Phase 1 CashBet Coin VIP registration. CashBet registers players who<br \/>deposit 1,000 CBC attain instant VIP membership and substantial bonuses<br \/>for gameplay unavailable to players not holding the 1,000 CBC balance.<\/p>\n<p>o Phase 2 CashBet crypto gaming. CashBet will convert CBC at the time of<br \/>wager to a fiat currency and convert any winnings back to CBC at the same<br \/>rate. This will make hundreds of games available to cryptocurrency players<br \/>and operators.<\/p>\n<p>o Phase 3 Direct CBC wagering. CashBet enables wagering in CBC with no fiat<br \/>currency conversion. In addition, Phase 3 will include the rollout of<br \/>CryptoRGS, CashBet\u2019s content distribution platform for crypto casino<br \/>operators.<\/p>\n<p>o Phase 4 CrytoGo Payment channel-based gaming. CashBet\u2019s proprietary<br \/>implementation, CryptoGo, is an off-chain<br \/>1 state channel-based payment technology. It will allow wagers and<br \/>payouts made directly between players\u2019 ERC20 capable wallets and the CashBet<br \/>platform without the need for a deposit account. This will allow immediate payouts<br \/>and a significant reduction in fees.<\/p>\n<p> <a href=\"https:\/\/web.archive.org\/web\/20201109132131\/https:\/\/coin.cashbet.com\/\" rel=\"noopener noreferrer\"> CashBet Coin\tWebsite <\/a> <br \/><a href=\"https:\/\/web.archive.org\/web\/20180629025936\/https:\/\/coin.cashbet.com\/whitepaper\/\"> CashBet Coin\tWhitepaper <\/a><br \/><strong><\/strong><\/p>\n<p>Social<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mobile gaming and cryptocurrency are two of the fastest growing, demand-driven marketsin the world today. CashBet is merging these technologies into an iGaming solution andissuing CashBet Coin to solve the problems facing crypto casino operators and playerstoday: speed, trust, cost, content and access. CashBet is the only complete, crypto-ready, mobile-first iGaming platform with anestablished, profitable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1161","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=1161"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1161\/revisions"}],"predecessor-version":[{"id":1162,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1161\/revisions\/1162"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=1161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=1161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=1161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}