Midas Lists ESBC Project (ESBC) - An Inclusive Betting Ecosystem for Everyone

By HM - MN.Investments content producer, Midas.Investments


Midas announces the listing of ESBC Project (ESBC) to the Midas platform as an Instant Share. Invest today to receive instant rewards.

What is ESBC and what does it offer?

Esports is on the rise along with many opportunities. It has only grown within recent years as video games become more popular as a form of entertainment. Like any other traditional sports you have known or played, gaming is no longer a game or a hobby when there are millions of dollars to be earned from tournaments around the world. The major participants include game publishers, developers, sponsors, gamers, internet live streamers or any other ancillary services you can imagine.

Of course, gambling houses have been getting involved everywhere. Gambling over the internet also becomes more popular because of differences in regulation worldwide. E-sport Betting Coin blockchain project was announced last year to fill the gap in the esports betting industry. Since then, the project has been undergoing a rebranding campaign to ESBC with broader objectives and inclusive of other sports and functions.

A coin swap to the new blockchain has happened and some changes in masternode collaterals have been made. Specifically, there are four tiers of masternodes with increasing lock-up requirements, allowing people with different budgets to buy in. Coin emission is also reduced to preserve its value over time.

Tentative functionalities of ESBC

At the core of the project is still the betting function. Their betting platform is live and ready for action. You can place bets in any sports or esport games that the platform supports. Football, hockey, basketball,... as well as DOTA, Starcraft, League of Legends,... are among the list. Payment is to be done in ESBC, but the platform also plans to accept other anonymous cryptocurrencies for a fee. After the ESBC betting platform was released during Q4 2018, it has experienced a successful launch. During the previous month (at the time of writing), the turnover from bets reached 1,000,000 ESBC.

Statistics from the ESBC betting platform at the time of publishing

The other two expanded objectives include a betting exchange and a masternode statistics page. This is an ambitious plan to integrate everything together for the ecosystem. If executed properly, the potential is huge. More details are to be released on its Discord server and social media channels.

Team

Project CEO: Mr. Sergey Grinev (LinkedIn)

Note: Know Your Developer (KYD) have verified ESBC; however the verification covered founder Mr. Ivan Arekaev, who is no longer with the project. This notice is neither an endorsement nor a disapproval of either projects. Always exercise your due diligence.

Where can I purchase ESBC?

Total supply: about 25,000,000 with reduced emission schedule under planning
Premine: 1,000,000 on the new chain - 700,000 for coin swap and 300,000 used for project development.
Presale: finished last year at 0.5 BTC per node. Price quote is only for reference because the project had a coin swap to the new chain and any presale valuation may no longer apply.
Exchange: Available to purchase from Crex24, Graviex and STEX.

Coin Specs

Consensus algorithm: MN/proof-of-stake
Masternode collateral:

Bronze: 5,000
Silver: 25,000
Gold: 50,000
Platinum: 250,000

Block time: 60 seconds
Block reward: variable rewards with 80/20 MN/PoS split. Among the nodes, bronze tier gets 20%, silver 30%, gold 30%, and platinum to be determined at a later date.

Can I get more information about ESBC?

Website  
Whitepaper (English, Russian)
Block explorer
Github
Bitcointalk
Discord
Facebook
Instagram
Youtube
Telegram
Twitter

Do you want to become a Midas partner?

Midas is looking for great projects to join us on our journey. Get in contact with the team via Discord for more details, and visit midas.investments for information on our project, team and road map.