Hybrid Betting

Rewrite the betting rules

[youtube https://www.youtube.com/watch?v=AEE2GrWIOGs?rel=0&w=560&h=315]

Ended

2018/04/03 - 2018/06/08
ICO
Hybrid Betting
Token
HYB
PreICO Price
1 ETH = 2,600 HYB
Price
1 ETH = 2,000 HYB
Platform
Ethereum
Accepting
ETH
Bounties
Available
Bonus
Available
Hard cap
34,200,000 HYB
Country
United Kingdom

The global online gambling market is estimated to be worth over $50 billion USD by the end of 2017 and is forecast to grow by around 10% for years to come.

With the advent of cryptocurrencies, allowing players to gamble with ease and with a lower house edge than previous options, cryptocurrency gambling has already garnered a significant proportion of this market potential.

A 2013 estimate suggests that up to 50-60% of all Bitcoin transactions were related to gambling at one point.

Although previously dominated by Bitcoin, Ethereum has become a major player within the cryptocurrency world, offering significantly more features as well as a shorter block time and lower transaction fees. As Ethereum gains more users it benefits from network effects, which are currently leading many users to invest in and use Ethereum over Bitcoin, leading its market cap to increase to $38 billion USD in June 2017.

Hybrid Betting can allow users to bet against each other without considering odds and the bookmaker edge: the brand new game we designed will allow punters to take care just of other punters in a game with no stronger parts.

Hybrid Betting profit model is based on the number of shifts played: each sport event can be a shift, we will take a small fee at the end of the betting phase (when punters make their decision) just before the event starts.

Events shift can be composed by one sport event or more events together: we will set up all the events shift but in the future we can consider that events shift can be created by players too.

We are considering a fee from 0.5% for bigger events to 2% for smaller events: no matter how low this fee is, it is raw profit for Hybrid Betting, as we don’t have funds at risk during play.

The profits from this are also HYB tokens, increasing their demand as a consequence.

Team Members

Emanuele Frisa


 

Emanuele Frisa


 

Advisors

February 2, 2014

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

February 2, 2014
May 10, 2015

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

May 10, 2015
June 21, 2016

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

June 21, 2016
Sep 2017
Market Research
Sep 2017
Dec 2017
Website, White Paper & Working Demo
Dec 2017
Mar 2018
Crowdsale, Development & Community Building
Mar 2018
Jun 2018
Continuation of Development & Other Improvements, Beta Launch
Jun 2018
Sep 2018
Full Launch, Betting License Acquisition, Community Growth, Further Improvements
Sep 2018
Dec 2018
Additional Features, Advertising & Community Building
Dec 2018