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Sportbet.one Token Stock

Sportbet.one Token

SBET

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Sportbet.one Token Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
CoinstoreSBET/USDT01,311.11,007.6532,798.180.01cex2027/9/2025, 6:18 AM
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Sportbet.one Token FAQ

Certainly, here is the text rewritten in a professional manner: --- What is SBET?

SBET serves as the token utilized throughout the Sportbet.one platform, facilitating users in placing bets and obtaining earnings in a decentralized manner. Functioning on the EOS blockchain, SBET transactions are characterized by their speed and low cost, rendering it an efficient tool for participants engaged in the platform's betting and gambling activities.

How is SBET Secured?

SBET is safeguarded by the Delegated Proof of Stake system of the EOS blockchain, ensuring fast and reliable transactions. Additionally, the token is supported by the platform's profits, providing an extra measure of stability. The platform is known for its prompt payout deliveries and upholds transparency by allocating 3% of each bet into a dividend pool, which is distributed weekly to token holders.

**Utilization of SBET**

SBET serves as the primary medium for placing bets on sports and casino games within the Sportbet.one ecosystem. Furthermore, 3% of all bets are allocated to a dividend pool, with dividends distributed to token holders every Monday. Additionally, SBET can be traded on various cryptocurrency exchanges. You can find more information on Eulerpool.

Sportbet.one Token Updates

SBET, the native token of the Sportbet.one platform, is integral to its decentralized sports betting ecosystem. It was launched on the EOS blockchain and has seen significant advancements, such as the debut of a casino in February 2021 and the issuance of an additional 100 million SBET tokens in December 2022. SBET achieved its highest value of $0.004237 in June 2024, indicating increasing interest from users who value the platform's features, including no identity verification and instant payouts. You can find further details on Eulerpool.

### About Sportbet.one Token Sportbet.one Token (SBET) is a cryptocurrency designed specifically for the sports betting industry. This digital asset facilitates seamless transactions and enables users to engage in sports betting activities on a decentralized platform. SBET provides numerous advantages, including transparency, security, and swift transactions, making it an ideal choice for sports enthusiasts. For more detailed information and statistics about Sportbet.one Token, please refer to Eulerpool.

SBET is a utility token on the Sportbet.one platform, a decentralized sports betting platform developed on the EOS blockchain. The platform leverages EOS’s Delegated Proof of Stake (DPoS) consensus mechanism, ensuring fast transaction speeds and efficient execution of smart contracts. Sportbet.one distinguishes itself from many traditional sportsbooks by eliminating the need for identity verification. Users enjoy transparent betting processes and swift payouts directly to their wallets.

Key Events for Sportbet.one Token (SBET)

2018: Sportbet.one was launched as a decentralized sports betting platform on the EOS blockchain. February 2021: The platform expanded with the addition of a casino. December 2022: SBET was listed on a digital asset exchange, and an additional 100 million tokens were issued. June 14, 2024: SBET reached its all-time high of $0.004237.

How is SBET secured?

SBET operates within the cryptocurrency sector, utilizing blockchain technology to ensure enhanced security. This approach is essential in the digital currency arena, as the intrinsic properties of blockchain technology offer a strong defense against fraudulent activities and unauthorized access. By leveraging the EOS blockchain, SBET gains the benefits of transparency, immutability, and decentralization, all of which contribute to a secure environment for transactions and asset management. For those interested in storing SBET, it is compatible with popular crypto wallets that support EOS-based tokens. When choosing a wallet, it is important to select one with a strong reputation for security and user support. Once SBET is acquired, maintaining its security is crucial, which involves following best practices for cryptocurrency safety. This includes protecting private keys, using two-factor authentication (2FA) when possible, and staying aware of phishing attempts and other common cyber threats. Additionally, it is vital for users to perform their own research and due diligence when dealing with cryptocurrencies. Although blockchain technology offers a reliable foundation for security, the wider ecosystem encompasses various elements and entities, such as exchanges and wallets, each possessing their own security measures and potential vulnerabilities.

Certainly, here's a revised version of the text: --- **Utilization of SBET Token**

SBET is primarily designed for use within the sports betting ecosystem, specifically on a decentralized platform that leverages blockchain technology for secure and transparent transactions. This token facilitates various activities related to sports betting, allowing users to place bets on different sports events in a decentralized manner. The use of blockchain ensures that all transactions are secure, transparent, and immutable, providing a level of trust and efficiency not always present in traditional sports betting platforms. Beyond its primary application in sports betting, SBET exhibits versatility within the broader cryptocurrency space. It serves as a medium for accessing specific products or services, potentially including exclusive features or benefits within the sports betting platform or related ecosystems. The token's utility extends to facilitating futures contracts, enabling users to speculate on the future prices of assets in a decentralized and secure environment. Micropayments represent another significant use case for SBET, offering a cost-effective and efficient method for processing small transactions. This capability is particularly useful in digital ecosystems where small, frequent transactions are common, reducing the burden of high transaction fees and slow processing times associated with traditional payment systems. SBET's potential for cross-border payments highlights its role in facilitating international transactions. By leveraging blockchain technology, SBET can enable fast, secure, and low-cost payments across borders, bypassing the complexities and fees associated with conventional banking systems. The tokenization of assets is another area where SBET could play a role. By representing real-world assets as digital tokens on the blockchain, SBET could be used to buy, sell, or trade these assets in a secure and transparent manner. Lastly, the creation of stablecoins is a potential application for SBET. Stablecoins are cryptocurrencies designed to minimize price volatility by being pegged to a stable asset, such as fiat currency. SBET could be used in the mechanism that maintains the stability of such tokens, contributing to the broader ecosystem of digital assets. It's important for individuals to conduct thorough research and consider their own financial situation before engaging in any form of investment or transaction within the cryptocurrency space.

What significant events have occurred for the Sportbet.one Token (SBET)?

SBET has established its presence in the cryptocurrency and blockchain sphere through a series of significant developments. Initially, it distinguished itself by launching as the first decentralized sports-betting platform harnessing the EOS blockchain. This foundational step demonstrated its dedication to innovating within the sports and e-sports betting sector by integrating blockchain technology to enhance transparency, security, and efficiency. Following its launch, another major milestone was its listing on a digital asset exchange, broadening its accessibility to a wider audience of users and investors. This move was crucial for increasing the liquidity of SBET tokens and providing a platform for price discovery. Beyond these developments, SBET has consistently sought to transform the sports and e-sports betting industry. It has introduced a distinctive ecosystem that merges live streaming, GameFi elements, and betting functionalities. This ecosystem is designed to offer users a comprehensive and immersive experience by facilitating real-time data access and 3D interaction, thereby setting a new industry standard. Furthermore, SBET's commitment to technological advancement is evident in its efforts to secure patents for odds modeling simulation and electronic sports betting. These innovations are anticipated to further enhance the platform's offerings and solidify its position as a leader in the convergence of betting, blockchain technology, and the metaverse. In summary, SBET's journey has been defined by its groundbreaking launch on the EOS blockchain, strategic exchange listing, and continuous efforts to innovate within the sports and e-sports betting industry through technological advancements and a unique user experience.

Investors interested in Sportbet.one Token are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.