SUMMARY
PLC Player Loyalty Ltd. (herein referred to as “PBET” and “Our”) is a Cyprus based software company that provides innovative solutions to the gambling industry. The fact that you are consulting this document, we assume that you have a given interest in our project as well as in the crowd- of Pbet . The PBET team would like to thank you for that and promise to put relentless effort and keen business acumen to work to translate thoroughly thought out business strategies into technological and commercial advancements. Our team of gaming industry professionals and experts combine more than 200 years of experience in this sector. We have expertise in cutting-edge gaming technologies that includes areas like platform design and development, operation of physical casinos, commercializing of gaming products and the development of outstanding games that include innovative progressive jackpots and bonuses among others. Thanks to our experience in physical casinos we thoroughly understand industry challenges and are ready to deliver our online added-value product to land-based operators: the Unified Gaming Platform, fully empowering synergies between physical and online operations and allowing the use of in both landscapes through the use of shared player’s .
PBET taps into this new opportunity in the gaming space that is not yet addressed by others: the convergence of land-based and i-gaming operations. Most online providers supporting crypto-based technologies do so as a means for online gaming payment.
At PBET we provide a hybrid payment and rewards solution that addresses both land-based and online gaming. In other words, our Unified Gaming Platform allows land-based casinos’ players to use their casino account to play online while benefiting from unified loyalty club and rewards which is not the case for online competitors. These benefits translate into casino operators’ capability of having better control on players’ gaming dollars.
What is Pbet?
The PBET project is a unique innovation that addresses the convergence between physical and online gaming through a Unified Gaming Platform. PBET generates synergies between these two channels while integrating crypto-currencies instant payments and combining partners in a unique based Reward Club.
The PBET project is a unique innovation that addresses the convergence between physical and online gaming through a Unified Gaming Platform. PBET generates synergies between these two channels while integrating crypto-currencies instant payments and combining partners in a unique based Reward Club.
All in one solution
Our disruptive business model consists of partnering with physical casinos to offer online gaming to highly-valued players for a fraction of the online players’ normal cost of acquisition. Given that casinos know their players well, our offer will further result in a seamless personalized integrated immersive gaming experience across the channels.
Through our unique approach of combining all three pillars; Players, Pbet, and Physical casinos, we create tailored added-value to each of them taking advantage of synergies generated from this entourage effect. For instance, players and casinos benefit from zero transactional fees, instant payments and the advantage of remaining in the same ecosystem among others. The Omni-channel Pbet Reward Club enables partnerships in the hospitality sector, increasing free offerings to players while allowing cross-selling opportunities for casinos and partners.
TOKEN DETAIL
- Name:PBET
- Starts:April 22 2019
- Ends:December 15th 2019
- Token Type:Utility Token
- Exchange Rate:1 PBET = 0.20 USD
- Currencies Accepted:BTC, ETH, LTC and more
- Min. Contribution:30 USD or equivalent
- Specifications:The PBET Token is used for payment between all actors of the Land-based and I-gaming ecosystem and extended through the hospitality sector to other hospitality sector organizational members.
- Smart contract: Smart contract and Token creation use standard ERC20 on Ethereum platform. Compatibility with stock exchanges and wallets is ensured.
- Total issued Token:154,000,000 PBET
- Softcap:$2M USD
- Hardcap:$17.5M USD
- 35% Technology Product development according to the roadmap.
- 20% Operations Operational costs, non-tech staff salaries.
- 16% Marketing, sales, merchant acquisition & partnerships Expenses for attracting the retailers to the platform, website builders, loyalty programs services providers.
- 15% Reserve
- 5% Partnerships Expenses for making partnerships.
- 5% Consulting
- 4% Legal Company and subsidiaries establishment, contracts with the retailers, development of legal opinions about the entire stack of PBET services and retailers’ operations, etc.
We need PBET as the proprietary for the following reasons:
- Resolve online gaming high transactional fees with token payment.
- Easy, portable and secure payment method for players when traveling.
- Same token in physical gaming and online with fund transfer capabilities enable by the Unified Gaming Platform.
- Allows special bonuses based on token use metrics within local partners sharing the same Reward Club thanks to Pbet beeing stdandard comp.
- Encourage small games studios to excel in developing crypto-based games
- A mean of payment between different partners within PBET ecosystem such as affiliates, players, casinos, partners within the Reward Club, specialized games studios.
PBET project is unique since we tap into an opportunity not yet addressed: Physical casinos searching for a competitive solution to expand into online. We do so by already having 20 physical casinos as clients of our casino management system, Genuina. We are present in Uruguay, Mexico, Peru, Panama, Dominican Republic, Colombia , Guatemala, Cyprus and Canada. 70% of all issued are for public , Unsold are burned in accordance with the Smart contract.
The Core team is already built and resources have worked together for years on casino software solutions and they are in high-performance stage. We have key employees in each competency area that will facilitate team expansion based on project needs.
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Published at Tue, 23 Apr 2019 02:18:32 +0000