Bitcoin Press Release: iGaming company DAOGroup has announced that the long-awaited DAOBet mainnet has been launched by validators.
16th December 2019 – DAOBet (ex DAO.Casino) is a blockchain for the iGaming 3.0 industry, with the mainnet launched by validators on November 27th, 2019. The mainnet was launched by 21 leading block producers with eight more validators on standby. The development will further realise the full scope of DAOGroup’s decentralized iGaming products.
DAOBet Mainnet: Launched by Validators
Built by DAOBet and launched by validators, optimizing the EOS blockchain codebase, the DAOBet mainnet is set to bring about revolutionary changes to the gaming industry. It showcases an optimized blockchain with fast finality and the capacity to process 3,000 transactions per second. The mainnet features advanced governance with 1-second finality and top-rated provably fair random number generation algorithm (Signidice PRNG verification) – certified by GLI. The design of the DAOBet mainnet will enable game developers to utilise the flexible and robust creation opportunities and environments provided by the blockchain.
In view of the mainnet launch, DAOBet previously announced the preparatory phase for the migration of its native utility token BET from the Ethereum blockchain to the mainnet, which will further maximize the token’s utility within its native environment. A token swap process through DAOWallet was initiated for holders of the BET token, which has now concluded due to the launch of the mainnet.
The BET Token
The native token BET will provide utility for the DAOGroup ecosystem. To obtain BET tokens, users can head over to the simple-to-use DAOWallet and directly transact from inside the wallet in just a few steps. Alternatively, users can buy BET tokens from the HitBTC cryptocurrency exchange. The BET token will also allow its validators to stake on the DAOBet blockchain and be rewarded for doing so.
DAOGroup: Uniting the Masses
DAOGroup unites the following projects, bringing cutting-edge decentralized protocol solutions based on the DAOBet native blockchain, that has been developed since 2016 and was recently launched by validators. The DAOGroup ecosystem consists of DAOPlatform, DAOWallet, and DAOGames. Each of them is catered to carrying out specific tasks, broken down below:
Thanks to high throughput, fast finality, and sponsorship transactions, DAOBet blockchain provides for applications like DAOPlatform, DAOWallet, and DAOGames the user experience level required for the iGaming industry.
Visit the DAOGroup official website for further information: https://dao.group/.
Partnership Contact Details
Contact Name: Aleksandra Fetisova
Contact Email: [email protected]
Media Contact Details
Contact Name: Anna Sheglova
Contact Email: [email protected]
Learn more about DAOBet: https://daobet.org
DAOBet on Twitter: https://twitter.com/daobet_org
DAOBet on Facebook – https://www.facebook.com/DAOBet.org
DAOBet on LinkedIn – https://www.linkedin.com/company/DAOBet
DAOBet on Github – https://github.com/DaoCasino/DAObet
Chat with the DAOBet team on Telegram – https://t.me/daobet
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