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The Development of a Revolution: CyBet So Far!

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CyBet

CyBet is the world’s first and only online betting portal that is based on the blockchain technology. It allows individuals from around the world to take part in various betting activities, as players and bookmakers get equal opportunities to generate substantial profits.

The Roadmap of CyBet

CyBetCyBet is one of its kind blockchain based online betting portal that is decentralized, managed by its own anonymous community members and offers state of the art features to all its users across the globe. Mentioned below is the roadmap of its development so far:

1. 2018 Q1:

An anonymous community of blockchain enthusiasts who were eager to change how things are done in traditional and conventional online betting portals was created. The anonymous group members who participated from around the world crowd created a concept, which they termed as CyBet, the world’s first and one of its kind, online betting portal based on the blockchain technology. Once the concept was formed, shortly after a Research Team, Constitute Technical Team and Advisory Team was formed and work began.

2. 2018 Q2:

The 2nd quarter of 2018 was dedicated solely to research on blockchain applications on online betting portals and what other people around the world were working on. Shortly after the research commenced, the anonymous team of contributors assembled to provide evidence that their concept introduced in 2018 Q1 works. Once the theoretical of a working concept was established, a strategy for future development was brainstormed and creation of a white paper based on the proof of concept was created.

3. 2018 Q3:

By the time, the 3rd quarter of 2018 had arrived, the proof of concept was in place and the anonymous team of contributors started their work developing the first batch of ICO CYBet tokens. The contributors decided that moving ahead, the CyBet token became the main token of choice for all transactions and activities taking place on the betting portal. Not only the use of CyBet token guarantee complete anonymity to all the users, but it also make the ecosystem more secure with the help of secure smart contracts among other technologies. In the coming days, the team of contributors moved ahead with the creation and designing of secure smart contracts which is used for betting as well as designing the token vault smart contract which is a revolutionary technology designed to up the security in a blockchain based online betting portal.

4. 2018 Q4:

Finally, after months of hard work and development, the team of contributors finally started the sale of mini tokens for testing purposes, so that all aspects of their design over the past couple of months could be tested efficiently and any bugs or errors could be rectified then and there. In the latter half of the 4th quarter of 2018, the team of anonymous contributors launched the ICO token sale of CYBT on their website and as of now, 60,000,000 CYBT are available for users all across the world to purchase.

The Way Ahead

The team at CyBet has many more developments planned in the future years to come, and continue to strive hard to positively shape that development. With its decentralized and user-centric approach, the platform is all geared up to bring about a revolution in the online betting sphere.

Know more about Cybet on:

Website: http://www.cybet.club/

Bitcointalk: https://bitcointalk.org/index.php?topic=5062665

Telegram: http://t.me/Cybet_club

Github: https://github.com/cybetclub

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

Press Releases

UTU – the first African Blockchain Startup to announce IDO on Binance DEX

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AE Ventures

PRAGUE / NAIROBI / VADUZ, LIECHTENSTEIN Sep 20 2019Æ Ventures, an investment company that provides initial funding, acceleration, and advisory support to blockchain projects, today announced that Starfleet graduate UTU Technologies, a Nairobi-based company building a trust infrastructure for the sharing economy on æternity blockchain, is launching an IDO (Initial DEX Offering) on Binance DEX.

UTUUTU will launch its IDO on Binance DEX at Æternity Universe One, the first conference dedicated to the Æternity Blockchain’s growing ecosystem taking place September 20-21, 2019 in Prague. While IDOs are a fairly new concept, they are growing in popularity due to their independent nature, as they are independent of Binance and are 100 percent self-organized by the token issuer. UTU’s decision to employ this new funding measure is rooted in the company’s core values of trust and innovation.

UTU delivers proprietary trust recommendations to decentralized applications with the aim to disrupt anonymous star ratings and reviews, which are the current standard for discerning trustworthiness of digitally contracted service providers. The goal is to transform the online services industry by tokenizing the acquisition of users and data and creating a safe space to securely store and govern data access while providing monetary incentives for endorsing trusted service providers. UTU’s technology runs on a graph database, powered by machine learning, that is adapted for each user’s unique preferences and trust model. Therefore, in operation, UTU’s API seamlessly serves up personalized recommendations for trusted service providers on sharing platforms to drive conversion, satisfaction, retention and viral acquisition.

UTU’s technology is particularly useful for establishing trust for P2P e-commerce, P2P lending, and online professional services. For example, fintech platforms can use UTU to evaluate credit risks with little or no formal data, helping them to better understand the correlational risk to their portfolio. Online professional services like content and copywriters can use UTU to build trust and relationships, therefore driving conversion up by 20 percent, satisfaction up by 10 percent and they can generate up to 30 invites per new user.

“From the onset, our mission has been to bring real-world trust to the digital world; and we believe conducting an IDO is the next step up toward expanding this vision,” said Jason Eisen, CEO of UTU Technologies.

UTU will also showcase its technology at this year’s Æternity Universe One conference. This milestone highlights UTU’s development since participating in Æ Ventures’ Starfleet Accelerator program where they received $200,000 USD in investment and went on to win the Startup World Cup at the Trescon Global AI Show.

“The Æ Ventures team is very proud of UTU’s success through our Starfleet accelerator program,” said Nikola Stojanow, CEO of Æ Ventures. “We share UTU’s vision of providing a safer, more trusted digital world, built around relationships; and we are happy to support their efforts to build a solid blockchain ecosystem in Africa.”

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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BIAN Announces National Campus Blockchain Hackathon Focused on Sustainable Growth

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Campus Blockchain Hackathon

The Blockchain Industry Association of Nigeria (BIAN) – formerly Nigeria Blockchain Alliance (NBA) – in collaboration with the National Information Technology Development Agency (NITDA) announces the National Campus Blockchain Hackathon focused on sustainable growth. With the successful launch of Campus Blockchain Hackathon in five (5) Nigerian universities, the Blockchain Industry Association of Nigeria (BIAN), the brain box behind the Campus Blockchain Development Programme is concluding the pilot stage of Campus Blockchain Hackathon with a national programme.

Campus Blockchain Hackathon is an initiative of Blockchain Industry Association of Nigeria (BIAN), a sub-division of Cryptography Development Initiative in Nigeria (CDIN), in engaging the academic community on the importance of Blockchain Technology, its relevant use cases, and more specific, its adoption for innovative solutions. The Hackathon aimed to give Nigeria University students early exposure to the career and business opportunities being presented by the Blockchain/DLT digital innovations in order to domesticate the knowledge and skills for sustainable national development.

African tech startupsThe two-day event will bring together developers, enthusiasts, stakeholders, and students from the various teams that participated in the subsequent hackathon hosted by the initiative. With the theme; “Blockchain Innovations for Sustainable Growth,” the event is scheduled to hold in Nigeria’s federal capital territory, Abuja, on 24th and 25th of September, 2019. The National Campus Blockchain Program is proudly sponsored by Jelurida, IBM, and Nile University of Nigeria. Virtually everyone will agree, Technology can play a vital role in achieving sustainable growth. The blockchain is one of such that can help accelerate this progress. Just like the arrival of the internet which launched us into an era of technological change, the blockchain is a cutting-edge technology that possesses similar potential to redefine and transform every sector.

Through this project, the Campus Blockchain Hackathon seeks to harness innovation, by providing blockchain literacy, inclusion, skills and proffer long term solutions to critical problems towards the sustainable growth we desire.

Commenting from BIAN’s office in Abuja, Mr. Adeolu Fadele, President of BIAN said: “Education is the bedrock of any country’s development; the educational system of any country is considered as the cornerstone for meaningful achievements. The element of continuity and change remains hinged on education. Therefore, even though there is evidence of improved public understanding, increasing mainstream interest, and the emergence of startups that are building practical solutions using the blockchain technology in Nigeria today, however, all these cannot be considered to be true development until the learning institutions are carried along in a structured and sustainable manner.”

Campus Blockchain Hackathon began in October 2018, at the foremost Covenant University, Ota, Ogun State, with over 1000 participants from the first day, undeniable evidence of Nigerian students’ growing interest in emerging technology as Blockchain Technology. After which, the project reached Ahmadu Bello University, Zaria; Kwara State University; Federal University of Technology, Akure, and the University of Nigeria, Nsukka.

Speaking ahead of the event, Mr. Kayode Babarinde, National Coordinator, Campus Blockchain Development Programme said: “The enthusiasm and participation of students across the five (5) universities in which Campus Blockchain Hackathon has been successfully held, has demonstrated that student culture in Nigerian universities goes beyond the norms of obtaining the degree and getting a good job. They are beginning to think outside the box and see real value in emerging technology as Blockchain. With the National Hackathon, we can look forward to mind-blowing innovations.”

The National Campus Blockchain Hackathon will also explore and fuel insightful discussions around key areas by featuring keynote sessions, panel discussions, learning, networking amongst others. The Program is Chaired by Mr. Kashifu Abdullahi, Director General, at the National Information Technology Development Agency (NITDA).

The event is open to entrepreneurs, software engineers, blockchain developers, start-up founders, business/tech consultants, government stakeholders and as well as individual with a keen interest in the field of blockchain.

For registration and further details please refer to the event website: www.bit.ly/nationalcampushack

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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MEETUP: September 21, 2019 OKEX Brings the CryptoTour Africa 2019 to Kenya

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CryptoTour Africa
Image by OKEx

OKEx, the Malta-based mega crypto exchange, will be holding a meetup in Kenya, on September 21, 2019, featuring key speakers in the blockchain and crypto space in Kenya.

OKEx is looking to introduce its mega crypto exchange in the region to enables traders to margin trade for a profit.

The OKEx Cryptotour Africa 2019 will cover four African countries namely:

  • Ghana
  • Kenya
  • Nigeria
  • South Africa

The upcoming CryptoTour Africa 2019, Nairobi Edition, meetup will feature:

OKEx Meetup

Speakers who will be presenting at the OKEx CryptoTour Africa 2019

Roselyne Gicira – Chairperson, Blockchain Association of Kenya

Felix Macharia – Head of Operations, EOS Nairobi

Alex Matu – Crypto Trader / Trainer, BitcoinKE

Five lucky winners who attend the event will be rewarded with each winner getting 50 USDK ($50). Other gift perks will include OKEx T-Shirts, pens, key holders, and stickers for attendees.

Come enjoy great conversations, networking, drinks, and nibbles!

Event Details

DATE: Saturday, September 21, 2019

TIME: 12:00PM – 3:00PM

LOCATION: Nairobi Garage, Pinetree Plaza, Kaburu Drive, Off Ngong Road, Nairobi, Kenya

REGISTRATION LINKhttp://bit.ly/OKEXRegistrationKE

RSVP to Attend. The event is FREE.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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