Hybrid Betting (HYB) ICO Review – ICO Token News
Hybrid Betting (HYB) ICO Review – ICO Token News
Hybrid Betting is built without a mandatory house edge and it makes use of blockchain technology (similar to REMME, Luckbox, CREDITS, ODEM, Requitix) for its development. This gaming platform uses a model that is quite unique and provides attributes that are currently not available on any other gambling website.
Hybrid Betting (HYB) Analysis
What is Hybrid Betting (HYB) all about?
It is a profit based model that is based on the number of shifts played. In this platform, each sport can be a shift. The development team associated with this project take a small fee at the end of the betting phase just before the event starts.
In this platform, all the event shifts are developed by the development team. In the future, the development team might consider that players can also create event shifts.
Without considering odds and bookmarker edges, this platform allows users to bet against each other.
How is Hybrid Betting (HYB) different and better than other solution?
It is different than any other betting platform available in the market as it does not have any quotes or middleman during the betting sessions. It only has the competitors that play against each other at the same level.
Token Price and Token Sale
HYB tokens will be used as the currency for executing all transactions within the Hybrid Betting platform. The funds received from the pre-ICO and main ICO sale will be used for development of the platform, which includes further web/application development and third-party contract security audits. HYB tokens can only are purchased using ETH. HYB tokens will also be purchased using ETH cryptocurrencies.
The pre-ICO sale for HYB tokens will be carried out in three phases. Minimum investment that investors need to make during the pre-ICO sale will be 3 ETH. Maximum investment that can be made during the pre-ICO sale will be 200 ETH.
Seed Round A
The first round of the pre-ICO sale of HYB will begin from the 13th February 2018 and will conclude on 13th March 2018. Total tokens available for sale during the “Seed Round A” sale will be 180,000 HYB. The bonus of 50% will be given to investors who purchase first 50% HYB tokens for sale. The price of one token during this phase of the sale will be $.14 dollar.
Seed Round B
The second round of the ICO sale will start from 3rd April 2018 and will end on 20th April 2018. 1,080,000 tokens will be available for sale during the second round of ICO sale. Investors who will purchase the first 40% of the tokens during this phase will get a bonus of 40%. Each token will be priced at $.16 during this phase of the pre-ICO sale.
Seed Round C
The last phase of the pre-ICO sale will start from 24th April 2018 and will end on 15th may 2018. 2,340,000 tokens will be available for sale during this phase of the pre-ICO sale. The bonus of 30% will be given to investors who purchase the first 30% of the tokens. The price of each token during this phase of the ICO sale will be $0.18.
HYB ICO sale
The main ICO sale will be carried out in two phases. There are no minimum investments that investors need to make during the general token crowdsale. Just like pre-ICO, the maximum investment that could be made during the main ICO sale will be 200 ETH.
Round A ICO sale
12,240,000 tokens will be available for sale during the first round of ICO sale, which will start from 26th may 2018 and will end on 9th of June 2018. Investors who will purchase the first 20% of the tokens will get a bonus of 20% on their purchase. The price of the token during the first round of the ICO sale is $0.20.
Round B ICO sale
18,360,000 tokens will be available for sale during this phase of ICO. It will start from 14th June 2018 and will end on 15th July 2018. Bonus 10% will be awarded to investors who will purchase the first 10% of the tokens. The price of tokens in this phase of the token sale will be $0.22.
Hybrid Betting (HYB) Team
This project was founded by Emanuele Frisa.
Summarizing Hybrid Betting (HYB)
This betting platform is built on Ethereum blockchain technology similar to Savedroid, Scrinium, SkyChain, Lendo, ABYSS, and it does not employ the use of mandatory house edge. It will allow punters to directly interact with the other players without any quotes and middleman. This project is an excellent opportunity for small investors to get involved in betting sport ICO.
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