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Wavesbet (WBET)WBET
$0.0000002464
Wavesbet (WBET)
WBET Price
$0.0000002464as of: 8/27/2021
Rank
Market Cap (24H)
Unknown
Volume (24H)
Unknown
Circulating Supply
Transp. Vol.
Grade
1H1D1W1M1Y
Wavesbet logo
WBET
United States Dollar logo
USD
Blockchain
Websitehttps://wavesbet.io/
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Wavesbet (WBET) is a custom application token that utilizes the Waves (WAVES) platform. According to the website, the W...Read more

Wavesbet Price (WBET)

WBET Daily Performance

As of today, the last reported WBET price is $0.0000002464. Wavesbet's last market cap was unknown. 24 hour WBET volume is unknown. It has a market cap rank of unknown and max supply of 60,000,000,000. Wavesbet is traded on exchanges. Wavesbet had an all-time high of $0.00002695 about 3 years ago. Over the last day, Wavesbet has had 0% transparent volume and has been trading on 9 active markets with its highest volume trading pairs being .

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Wavesbet Statistics

Wavesbet Price (24hr)$0.0000002464 (0.00%)
Market Cap
Trading Volume (24hr)Unknown
Transparent Vol. (24hr)
Unknown
Transparency GradeUnknown
Circulating SupplyUnknown
All-Time High
$0.00002695-99.09%
6/16/2019 (3 years ago)
7D Price Prediction
N/A

Price

$0.0000002464
Price ChangeUnknown

All-Time High

$0.00002695
Date of ATH6/16/2019
Days Since ATH1158
% of ATH0.91%
Price vs ATH

About Wavesbet

Wavesbet (WBET) is a custom application token that utilizes the Waves (WAVES) platform. According to the website, the Waves platform makes token creation quick and easy. New tokens can be launched with customized properties on the Waves platform in under 60 seconds. The Wavesbet token will primarily be used for gambling on the Wavesbet platform (a secure and decentralized online gaming network).

Wavesbet hopes to disrupt the online gambling market (predicted to reach $87.75 billion by 2024) by solving the primary problems related to the centralization of online gambling systems. It is not unusual for gambling companies to refuse a payout, especially if the person has won a large amount of money. Because the funds reside with the centralized third-party, the user has no recourse. In addition, since online gambling platforms are centralized, they are vulnerable to hacks. Finally, users are required to trust that the platform owners won’t close up shop and steal their funds.

Wavesbet seeks to address the centralization issues with its decentralized online betting platform. When users transact with the Wavesbet token, each transaction is executed through smart contracts on the Waves (WAVES) Network. Winnings are paid out automatically via smart contracts. According to the Wavesbet white paper, users manage their private keys so they have full control over their funds.

According to Wavesbet, their platform will include virtual games like roulette, slot machines, Sic bo, Black Jack, Baccarat, Poker, and dice. Gamers will be able to play on both desktop and mobile devices. The Wavesbet platform will give businesses the option of promoting their products and services to its users in the form of small banners and pop-up ads. The website claims that users will benefit from these ads because 100% of the ad profits will be shared with WBET token holders: 50% will go straight to token holders (shared equally); 25% will be used for weekly giveaways which token holders can win; and the last 25% will be used for a monthly lottery.

Wavesbet plans to offer a dividend to users who lock up their tokens in a special WBET wallet. The dividend will be 1% of all commissions earned on the gaming platform.

This project was started in the 3rd quarter of 2018. There is a total supply of 60 billion WBET tokens.

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Wavesbet Markets

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Wavesbet Historical Data

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Today's WBET / Wavesbet News for August 17, 2022

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