To provide a trustless, borderless, secure, and fast online gambling platform powered by blockchain. Problems such as this is humongous and complicated, especially for the industry has always been that way, and may possibly remain so without the interruption of a blockchain based online gambling system. Starting from game selection, the random number generation and the payout system of the industry involves a rigorous process which affects the player most. The issues within the traditional online gambling systems cannot be overemphasized, because they are numerous.

This sector consists of many business models & technologies, including Sports Betting, Online Poker, Casino Games, Online Bingo and Online Lottery, among others. Given the development of internet and mobile, the online gambling industry will become a big boom in the very near future. This amount is increasing continuously and is slated to reach nearly 1 trillion USD by 2021. The online gambling industry is currently valued at about 500 billion USD. Hence, it will revolutionize the online gambling industry and aims to bring the industry to a new future in the next few months. Belize, 28 December 2017: Blockchain-based online gambling platform LetBet is releasing its own digital currency named LBT to disrupt the status quo of traditional online gambling systems - delays, unfair payout systems and the innate trust on a potentially corrupt third party.

LetBet announces ICO to revolutionize online gambling LetBet will issue its cryptocurrency named LBT to enable a decentralized, trustless, and fast online gambling protocol powered by blockchain.

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