Important MainNet Announcement

medium.com4y ago
Important Mainnet Announcement

Hey DBET family, as promised here is an update as to where things are and what the entire team is working incredibly hard on.

The technology is coming along great, as hopefully you have seen or experienced in the Testnet.

On the tech side of things, we are currently working on the UI and UX of the sportsbook as well as connecting the slots to the House Shares aspect of the platform.

We are also working on ensuring the security of the platform through working with a network of independent security researchers through Hackerone to look for any potential vulnerabilities. There is also an audit happening on the Mainnet smart contracts by third-party auditors before the platform goes live in order to provide an extra layer of security.

On the legal and tax side of things, as you know we have engaged Perkins Coie, the best lawyers we could find. We are also engaging with lawyers and accountants around the world in key jurisdictions to ensure we have both the correct and most capital-efficient setup we can create, which will benefit both the company and our community.

As you can see there are many moving pieces including some reliance on the third-party audits that need to happen in order to launch the platform correctly and doing everything we can think of to make sure the platform is as protected as possible.

Our goal was to release the platform at the end of Q1 of this year but due to the nature of the platform and its complexity, there will be a slight delay in launching the Mainnet platform. We are now pushing Mainnet back one month with the first Mainnet release being the Slots with House Shares and Sportsbook to follow soon thereafter.

We are as anxious as all of you to release Mainnet but through our commitment to building the best technology and user experience possible, this extra time will ensure we start off on the right foot in the best interest of everyone.

In our upcoming AMA, we will answer all your questions around:

● Exchange listings ● Who we are currently working with including which gambling jurisdictions  ● Slot Machine and advanced features, what to expect for Mainnet ● Marketing plans ● New team members  ● And more

Last but not least, we are bringing on some incredible value-add advisors to the team that have huge influence and cumulatively decades of experience in the online gaming world as well as some additional very exciting news coming up. Needless to say, we are very excited about the future and hope you are as well ☺

Thank you all for your continued support, we can never thank you or express our appreciation enough!!!

Warm Regards,

Jedidiah Taylor Founder and CEO