Crazybet ICO: How it worksCrazybet ICO: How it works
Our mission is to allow friends to easily bet on money with each other on any events. Starting with a bet “who will drink more beer” to PvP game wall to wall.
ICO in progress crazybet.io from July 23 to August 10.
The platform allows you to create three types of bets:
· Bet with a third party confirmation.
· Bet with automatic confirmation by API.
· Bet on the competition in games with PvP mode.
How does the Bet with automatic confirmation by API confirmation work?
How does the Bet with a third party confirmation work?
How does the Bet on the competition in games with PvP mode confirmation work?
Our platform will act as guarantor of such transactions and providing extensive options for their organization. The internal currency for betting is CBET.
It works on the basis of smart contracts, which allows them to achieve a high level of security and honesty of bets.
We will give people a convenient opportunity to organize a bet. Using our website or app, people will be able to customize all the details of the dispute and conclude it. The platform provides security from scammers and waiver of bid through smart contracts, automation of decision making and competent work with Arbitrators.
We will connect all kinds of API services from different sites for automatic data acquisition, which will be used to analyze the outcome of the dispute. The API-connected services become available when selecting from the list of possible bets option. Each such service will have its own set of possible betting options.
In those cases where it is not possible to automate the receipt of the result of dispute, the arbitrator of the dispute is appointed. The arbitrator may be appointed by the parties or an arbitrator provided by the system may be selected.
In this case, it is necessary to clearly describe the terms of the dispute, so that then there will be no disagreement.
If there is any disagreement on the results of the dispute, the user may apply to our Arbitrage System.