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#Blockchain All projects

CashBet Coin: Crypto-Ready iGaming Platform

Mobile-first platform for real-money, social, and skill-based interactive gaming

stage Ended crowdsale


  • Employees22


man Mike Reaves

CEO and Co-founder

Mike has over 20 years of software development and IT experience, focused on gaming, search, and advertising. He led the product development team at US Digital Gaming, and Products and Services at CyberArts, where he expanded the online eGaming company's product line from poker to casino games, bingo, and back-of-house systems. Mike holds a Ph.D. in Physics from the University of Connecticut.

man George Weinberg

CTO and Co-founder

George brings 20 years of software development experience in multiple areas of game systems, including high level architecture design, creation of front ends, implementation of game mechanics and accounting, integration with third-party systems, the development of computer players, automated testing systems, and compliance. George holds a Ph.D. in Physics from Texas A & M University.

man Fred Hsu


As CTO and co-founder of Oversee, Fred grew the domain and marketing services company to $230M annual revenue in 8 years.In 2011, he founded and bootstrapped mobile DSP Manage.com from $0 to $80M in under 4 years.

man Daniel Edwards

VP of Finance

Daniel has over 10 years of experience in corporate development, operations and finance. Prior to joining CashBet, Daniel worked as an Investment Banker at Financial Technology Partners, D.A. Davidson, Well Fargo and Wachovia. He advised technology companies on mergers & acquisitions, capital raising and strategic corporate development. He has successfully closed over 15 M&A and capital raise transactions. Daniel also is a board member and
mentor to several technology companies spanning from London to Silicon Valley. He graduated with a B.S. in Finance & Chemistry from Oregon State University.

man Patrick Ross

VP of Product Quality

Patrick has 17 years of experience working in software
development and IT, including 12 years focused exclusively in the online gambling industry. His technical experience has given him insight into the design of front end game presentation and back end game server architecture. Prior to becoming a founding team member at CashBet, Patrick worked on platform development at CyberArts and Ultimate Gaming.

Vivian Kim

Marketing Lead

Brian Hill

Systems Manager

Miroslav Georgiev

Senior Software Engineer

Adriyan Stanchev

Android Developer

Kiril Kyutov

iOS Developer

Ian Lesnevskiy

Senior Software Engineer

Luc Martin

HTML5/JavaScript Developer

David Montgomery

Senior Software Engineer

Kate Pietrelli

PR Lead


man Stuart Lewis-Smith


Stuart is the Senior Vice President and General Manager of GSN Games/Sony. Previously, he served as CEO at Idle Games (acquired by GSN Games), a social casino mobile games developer. He has spent over 10 years managing mobile social and iGaming companies.

man Gavin Yeung


Gavin is the CEO and Founder of Cryptomover, a transparent digital asset index fund. He is an experienced portfolio manager, whose first venture was installing wireless cards for college students. Gavin is a founding member of Bitcoin Association of
HK, and previously worked at Deutsche Bank as a trader.

man Joyo Wijaya


Joyo is an active angel investor and advisor, and is a member of Astia Angels and Stanford Angels and Entrepreneurs, as well as Principal of Tandem Entrepreneurs. Previously, Joyo was VP of Analytics and Monetization at Bash Gaming (acquired by GSN).

man Lars Wahlström


Lars has extensive experience from the online gaming industry, both B2B and B2C. He currently works at Jackpotjoy Sweden and was Head of Nordic Markets at Gamesys.

man Matt Cullen


Matt is the founder and Chief Executive of the US Sports Integrity Alliance (US-SIA), which is uniting gaming industry stakeholders to push for the legalization of sports betting in the United States.
Prior to that, he was the CEO of San Manuel Digital (SMD), the interactive business unit(s) of the San Manuel Band of Mission Indians, which owns and operates one the largest land based casino businesses in the world.

Crowdsale details

Distribution of tokens
  • Crowdsale (33.25%)
  • Casino Bank Reserve (35%)
  • Team Retention (16.75%)
  • Referral (8%)
  • Advisors (7%)
Budget allocation
  • Product Development (32%)
  • Business Development & Partnership (20%)
  • Player Acquisition (17.5%)
  • Debt Restructuring (15%)
  • ICO Related Expenses (8%)
  • Team Building and Retention (7.5%)
Details Indicators
Token Symbol CBC
Full Token Name CashBet Coin Tokens
Pre-sale Start January 24th, 00:00 GMT+03:00
Pre-sale End February 20th, 00:00 GMT+03:00
Pre-crowdsale Start March 27th, 00:00 GMT+03:00
Pre-crowdsale End April 3rd, 00:00 GMT+03:00
Crowdsale Start April 10th, 00:00 GMT+03:00
Crowdsale End Hard cap is reached or April 27th, 00:00 GMT+03:00
Crowdsale Hard Cap Fixed, 142975000 tokens
Crowdsale Soft Cap Yes, $5000000
Token type utility token
Incorporation Details 344 20th Street Suite #310 Oakland, CA 94612
Domain registration date 2004-09-30
Domain owner Registration Private, Domains By Proxy, LLC, DomainsByProxy.com 14455 N. Hayden Road, Scottsdale, Arizona, UNITED STATES

Cost of the token

1 token for 0.75 $

Price without discounts


Discount Dates Minimum purchase amount
20% January 24 — February 20, 2018
Discount Dates Minimum purchase amount
16% March 27 — April 03, 2018
Discount Dates Minimum purchase amount
10% April 10 — 10, 2018
6% April 11 — 11, 2018

Accepted currency

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Ethereum Classic
  • Litecoin
  • Fiat

Rate the project

Estimate the project on a five-point scale or switch to the simple scale

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Relevance of the problem and Market size

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Product competitiveness

1 2 3 4 5

Founders, Team & Advisors

1 2 3 4 5

Budget allocation and roadmap

1 2 3 4 5

Token economy, Tokenization & Business model

1 2 3 4 5

Distribution & Lock up of tokens, Discounts for early buyers

1 2 3 4 5

Summary rate the project

1 2 3 4 5


CashBet Coin FAQs

What value do your tokens give me as an investor?

CashBet plans to list CashBet Coin on cryptocurrency exchanges. We’re dedicated to maximizing the value of CashBet Coins through strategic currency management policies after the ICO. CashBet’s unique status as the only crypto-ready casino platform that is both profitable and fully-licensed will anchor and enhance its market valuation.

What exactly will I own after I purchase CashBet Coin? How can I use it?

You will own CashBet Coin. CashBet Coin will be used by casino players, operators, content distribution partners and token holders in the following ways:

Casino Operators and Partners:
CashBet casino partners will be incentivized with rate reductions to use CBC to pay their licensing and maintenance fees. They will receive also revenue share payments in CBC.
Content distribution partners will likewise be incentivized with lower rates to use CBC to pay licensing fees to CashBet. Casinos incorporating games from CryptoRGS will be required to offer deposit and wagering in CBC, which will help sustain demand for CBC.

Casino Players:
CashBet Coin will be granted to players as a reward for referring friends.
Players who hold 1,000 or more eligible CBC tokens for the entire prior calendar month will automatically be granted CBC VIP status. (CBC VIP status will be suspended when the balance dips below 1,000.)

CashBet Coin Owners:
CashBet Coin is expected to be listed on the major crypto exchanges following the public token sale. CashBet will establish a currency management program following these guidelines:

Beginning late in Q2 2018, CashBet will destroy CashBet Coin in its possession on a quarterly basis equal to the equivalent of 25% of the company’s NGR. The more gaming revenue generated, the more CashBet Coin will be removed from circulation.

What does the legal structure of the token ownership look like?

CashBet is issuing CashBet Coin as a utility token and not as a security. By purchasing CashBet Coin, you acknowledge that CashBet Coin confers only the right to access and use the CashBet platform. CashBet Coin ownership does not confer any equity, interest, or related right of any form with respect to CashBet or its affiliates or any related securities. Explicitly excluded are voting rights or rights to dividends or other distributions.

I am speculative trader. What are the chances that Cashbet Coin will grow in price in 6-12 months?

CashBet is issuing CashBet Coin as a utility token and not a security. That said, CashBet is committed to protecting the value of CashBet Coin. Although CashBet Coin will trade on an open market over which we have no control, CashBet is taking the following measures to stabilize the its value:
– We have agreements in place with our largest pre-sale investors to not aggressively sell or transfer CashBet Coin.
– Team retention tokens are being issued over a 24 month period to ensure that the market is not flooded.
– CashBet will destroy an equivalent in CashBet Coin worth 25% of the company’s quarterly casino profits. The volume of CashBet Coin in circulation will decrease over time.
– The casino operation itself has a mathematical house edge and will, on average, retain 5% to 10% of the amount wagered, effectively removing CashBet Coin from circulation.
– Players wagering with CashBet Coin are encouraged to hold at least 1,000 tokens over time in order to maintain status in our VIP program.

What are the main factors that can positively or negatively affect the value of cashbet coin in the future?

CashBet is issuing CashBet Coin tokens as a publicly traded cryptocurrency to power its B2C and B2B crypto casino offerings. CashBet Coin gaming and ownership will be uniquely useful and rewarding. CashBet will manage its currency with safeguards that deliver concrete advantages to CashBet Coin partners, owners, and players.

When will cashbet coin trade on cryptocurrency exchanges? On which ones?

CashBet Coin aims to be listed on the major crypto exchanges following the public token sale. We are actively having these conversations with exchanges. Official announcements will be made here after the ICO, as well as via exchanges themselves if and when listed.

Are there any restraints to cashbet coin liquidity after the ICO?

After the first CashBet Coin deposits are settled on the CashBet platform, CashBet Coin are intended to be fully transferable.

How much will I earn from buying cashbet coin?

CashBet Coin is not designed to offer earnings. CashBet Coin provides concrete value and advantages to owners as well as CashBet casino partners and players. These benefits, plus CashBet’s currency management policies and CashBet’s distinct advantage as the only licensed profitable cryptocurrency powered casino, will back its valuation on digital currency exchanges.

How is blockchain used in this sulution?

Mobile gaming and cryptocurrency are two of the fastest growing, demand-driven markets in the world today. CashBet is merging these technologies into an iGaming solution and issuing CashBet Coin to solve the problems facing crypto casino operators and players today: speed, trust, cost, and content. CashBet Coins are not designed to offer earnings—we aim to provide concrete value and advantages to CashBet casino partners, players, and owners. These benefits, plus CashBet’s currency management policies and CashBet’s distinct advantage as the only licensed profitable cryptocurrency powered casino, are expected to back its valuation on public exchanges.

For more details regarding our use of blockchain technology, we encourage you to read our whitepaper at https://coin.cashbet.com.

What is your proof type?

CashBet Coin is pre-mined on the Ethereum platform. Note that the Ethereum platform is moving from a proof-of-work to a proof-of-stake model.

Can I view the smart contract?

More public information on the implementation of the ERC-20 will be coming soon!

Where can I find independent reviews of your ICO?


What are the key dates of the token sale?

The pre-sale started on January 24, 2018 at 5:00 P.M. GMT and ended on February 20 at 5:00 P.M. GMT. Due to popular demand, we’ve decided to conduct a second pre-sale from March 27, 2018 at 5:00 P.M. GMT to April 3, 2018 at 5:00 P.M. GMT. The public sale is expected to begin April 10, 2018 at 5:00 P.M. GMT and continue through April 27, 2018 at 5:00 P.M. GMT. The ICO will end early if the hard cap is reached.

What is the total supply?

The total supply of CashBet Coin tokens is 430,000,000.

What is the distribution plans for your tokens?

33.25% (142,975,000 tokens) will be offered to purchasers; 35% will be put into cold storage to bank the casino; 16.9% will be used for team retention, locked up (vested monthly via smart contract) for 2 years; 8% will be used for paying referral bonuses; and 7% will go to advisors.

What is the soft cap?

We are enforcing a soft cap equivalent to $5 million USD. The soft cap was met during the first pre-sale.

What is the hard cap?

Our hard cap is the 142,975,000 tokens being offered to token purchases. Once these tokens are sold out, no additional tokens will be offered.

What is your fundraising goal?

Our goal is to sell out and raise between $50M – $65M, depending on how the offered discounts get applied.

How many tokens will be distributed during the pre-sale?

The total number of tokens available in the token sale is 142,975,000. This entire amount will be made available during the pre-sale, so it is possible that we could sell out during the pre-sale.

What is the minimum entry limit?

During the first pre-sale, the minimum purchase was the equivalent of $25,000 USD. During the second pre-sale, the minimum purchase is the equivalent of $10,000 USD. During the public sale, the minimum purchase is the equivalent of $100 USD. There is no cap on purchases.

Where can I see the progress of your ICO and the amount of money raised?

You can view the funds raised to date by logging into your account at https://ico.cashbet.com and checking the Dashboard.

Do you have bounty program? What is the bounty subject?

Yes, we provided a bounty program that rewarded you for being a part of our community and performing specific tasks. Read about our program here: https://medium.com/@CashBetCoin/cashbet-coin-bounty-program-now-bigger-and-better-13a1ee9937d3

In what currency will you keep the funds you collect?

All funds are kept in ETH. CashBet manages its cryptocurrency reserves with the following wallets:

– A hot wallet that contains the appropriate amount of reserves to cover necessary bets. This is single signature that is controlled by the system.

– A warm wallet that is accessible by the system to cover unexpected losses.

– A daily “sweep” (depletion from the warm wallet) into cold storage backed by a hardware wallet with multi-sig.

Are any countries banned from participating in the ICO?

Currently, the two countries that have banned ICOs/tokens are China and South Korea. In addition, the US residents of New York are restricted. Therefore these locations are restricted from participating in the CashBet Coin token sale.

What will happen to my investment if cashbet coin is banned or subjected to regulation?

CashBet Coin is based on blockchain technology, a decentralized system that is not regulated by any one country. As of today, we do not believe that the use of blockchain-based cryptocurrencies (including CashBet Coin) is illegal in any country. In the unlikely scenario that your country of residence outlaws CashBet Coin, we expect that you will be permitted to sell your tokens in advance of the effectiveness of the ban.

How do I buy your tokens?

You can purchase CashBet Coin at https://ico.cashbet.com. ETH, ETC, BTC, BTH, LTC, and USD (via bank wire transfer only) are accepted forms of payment. The funds are credited to your personal account in the system.

We do not charge any fees on payments. However, third party payment processors may charge fees.

When paying in USD, the wire transfer fee and speed depend on your bank. All fees charged by financial institutions in connection with wire transfers are paid by the prospective CBC token holder.

When paying in a cryptocurrency, transaction fees are charged by the relevant blockchain infrastructure. You set the transaction fee amount; that fee and network availability determine the transaction speed.

What currencies are accepted for token purchases?

You can pay in ETH, ETC, BTC, BTH, LTC, and USD. USD will be only be accepted via bank wire transfer.

I want to transfer into my account but ETH, ETC, BTC, BTH and LTC fluctuate. Should I transfer a little more crypto so I am sure I have enough?

Yes, it is a good idea to transfer enough crypto in for your purchase. You do not want to wait for the transfer then not have enough to purchase the amount you want.

Can I fund my account with different cryptocurrencies?
Yes, you can fund your account from multiple cryptocurrencies. We accept ETH, ETC, BTC, BTH and LTC. Upon purchase, we convert ETC to ETH, and BTH to BTC, so we end up with balances in ETH, BTC and LTC.

Can I fund my account with multiple wallets?

Yes, you can transfer funds into your account from from multiple wallets. The only reason we ask for the ERC-20 wallet is to have a place to send CashBet Coin when the ICO concludes.

What is your refund policy?

All confirmed purchases of CashBet Coin are final and non-refundable. By purchasing CashBet Coin, you acknowledge that neither CashBet nor any of its affiliates are required to provide a refund for any reason and that you will not receive money, cryptocurrency, or other consideration for any CashBet Coin that remains unused.

In the event that you fail to meet of any of eligibility criteria for participating in the CashBet Coin sale and your purchase has not been confirmed, we retain the right, in our sole discretion, to decline your request for a refund. Should we determine, in our sole discretion, to provide you with a refund because you fail to meet of any of eligibility criteria for participating in the CashBet Coin sale, we shall not be liable for any conversion, exchange, or other rate changes that may occur prior to processing the refund. Digital currencies, tokens, and digital assets are, by their nature, generally irreversible, and their exchange rates are highly volatile and transitory.

Will you have an escrow?

No, we have opted not to use an escrow service.

What is your KYC process?

Protecting our investors is critical, and we take it very seriously. There will be a KYC process for this reason, and to ensure Anti-Money Laundering (AML) compliance. Below is what you can expect during the sale process:

Create your ICO account at: https://ico.cashbet.com/
– Link your ERC-20 wallet address
– Transfer Funds from your wallet address to the ICO address
– Wait for up to 20 network confirmations for your deposit to appear in your account
– Click ‘Buy CashBet Coin’ and follow the steps
– A KYC popup will collect information during the payment process- if you do not enter KYC we will return your funds (US INVESTORS – in addition, an accreditation popup will verify you are an Accredited Investor, if you are not we return your funds). For more info on what qualifies you as an Accredited US Investor, visit: https://www.investopedia.com/terms/a/accreditedinvestor.asp
-Before issuing tokens during the distribution stage of the ICO, we will run your KYC information, if you fail we will request Identification to verify you, if you fail again we will return your funds. This will be communicated via email.

I didn't receive an e-mail to verify my account and I cannot login?

You will need to go to https://ico.cashbet.com/users/sign_in and click the “Remind” Link in the Forgot password Remind dialog. A new email will be sent to you. Make sure you click the verification link.

I can't login to your website?

We have seen issues where bad WIFI or a network firewall has stopped connection to our page. Please try another wifi connection or network and see if that helps. Make sure any network you connect from is secure.

I haven't received my verification e-mail and I can't login to the system?

First check and see if the email went to your Spam or Junk mail folder. You will need to verify your account before you can do anything else. You need to make sure that you use a valid email. If you do not get the email then you may have an incorrect address. We have no way to send a new verification email. You may need to create a new email account and sign up for the site again.

I am getting a message to download a google app for 2 factor authentication. Is this Ok?

The https://ico.cashbet.com site allows for 2 factor authentication. You will need to download this plugin for it to work https://play.google.com/store/apps/details?id=com.google.android.apps.authenticator2&hl=en.

I am gtting a not check summed error when I add my ERC-20 wallet address. What do I do?

Please check your wallet address entry, which is case sensitive. See here for more information: https://myetherwallet.github.io/knowledge-base/addresses/not-checksummed-shows-when-i-enter-an-address.html

My ERC-wallet adddress disappeared in my dashboard. What can I do?

This is for protection. If you want to see your wallet address you will need to click the Profile link at the top of the page. It will open you profile where you can view and update your wallet address.

My ETH, ETC, BTC, BTH, LTC is taking a long time to transfer to my account. What should I do?

Crypto currency transfers can take a while depending on the blockchain network. We require upwards of 30 confirmations before we list your transaction in your account. You may need to refresh your browser to see the funds in your account. If you believe you have an issue with the transfer you can either talk directly with a CashBet admin or send an email to [email protected] We will be able to track your transfer with your email. You may also track your BTC with https://blockchain.info/, ETC https://etherscan.io/.

When will I receive my tokens?

CashBet will be distributing CashBet Coin within two weeks after completion of the ICO.

Where and how should I store my cashbet coin?

You can store CashBet Coin in your CashBet casino account or in any Ethereum wallet.

Top recommendations include:

MyEtherWallet (https://www.myetherwallet.com/)
MetaMask (Firefox/Chrome browser add-on)
Mist (Desktop)
Parity (Desktop)
Ledger (Hardware wallet)
imToken (iPhone/Android)
Eidoo (iPhone/Android)

Can I use a hardware crypto wallet for cashbet coin?

You can use any ERC-20 compatible wallet. However that being said we encourage everyone to research their hardware wallets capability.

Can I transfer cashbet coin from a cashbet account?

Yes, you can deposit your CashBet Coin in an Ethereum wallet, such as Myetherwallet.

How secure are cashbet coin transfers?

We take CashBet Coin security very seriously. Payments in cryptocurrencies are secured by blockchain technology. Payments in fiat currency are accepted only via a wire transfer, which relies on international banking best practices.

Does cashbet coin comply with ERC20 standard? Can I trasfer it to a third party ETH wallet?

Yes, it does. And yes, you can.

Cashbet FAQs

I've never heard of your company. Who are you?

CashBet was founded in 2012 by gaming industry veterans and is the only mobile-first platform currently in the market for real-money, social, lottery, and skill-based gaming. The team has previous experience successfully building and selling online gaming platforms for CyberArts (Ultimate Gaming) and US Digital Gaming. The CashBet platform allows operators to run an iGaming business end-to-end, enabling robust game management, marketing, customer relationship management, support, and data analytics. CashBet is licensed by the Alderney Gambling Control Commission and the UK Gambling Commission.

What's the deal with the partnership with Arsenal Football Club? Is this legit?

Yes, we’re excited and proud to say we are the exclusive and official cryptocurrency and blockchain partner for Arsenal Football Club. Arsenal is a forward thinking, innovative sports club, and this deal serves as a signal of their thought leadership in embracing cryptocurrency and blockchain as technologies that are here to stay. Please see Arsenal’s official announcement of the partnership here on their website: https://www.arsenal.com/news/club-welcomes-cashbet-coin-new-partner. We’re also listed on their Partners page here: https://www.arsenal.com/the-club/sponsors-partners.

How long has cashbet been in the market?

We launched in 2012. We are a profitable business, with a patented iGaming software platform that’s in use by iGaming operators around the world.

Do you have an existing product? What is it?

Launched in 2012, CashBet is a complete, mobile-first iGaming platform with an established, profitable presence in regulated gaming markets. We offer a complete software solution that enables operators to run a legal and profitable iGaming business end-to-end. There are tens of thousands of registered players, millions of Pounds Sterling wagered, gaming licenses in multiple jurisdictions, and customers from all facets of iGaming (real-money, social, and skill-based) from around the world using CashBet.

You can learn more about our platform here: https://www.cashbet.com/platform/

What is your Key product offering?

A software solution that allows operators and game developers to legally offer online real-money gaming without the need for licensing. CashBet platform operators use player segmentation, bonusing, campaign management, and other patent-pending CashBet features to enable a profitable iGaming operation from day one.

What is your business model? How do you monetize?

We have three primary revenue streams: (1) licensing our iGaming platform to digital operators, (2) revenue share on royalties from digital operators who license our platform, and (3) professional service fees for custom development.

What are your company profits?

CashBet is a privately held company. We do not publicly disclose financials. That said, if you would like to sign and NDA, please email [email protected] and state your level of interest and we can share some more details.

How many people are on your team?

We have 22 employees across engineering and development, business development, marketing and customer support. Our leadership includes veterans of the regulated, online gambling industry with many years of successful operation

Why has your company decided to do an ICO?

Mobile gaming and cryptocurrency are two of the fastest growing, demand-driven markets in the world today. CashBet is merging these technologies and expanding our reach to service crypto casinos with a player-centric solution by offering CashBet Coin, which will improve trust, speed and cost. By leveraging blockchain technology, we increase transaction speed and scalability, provide greater transparency to instill player trust, and reduce transaction costs. By issuing our own CashBet Coin token, we aim to open up worldwide access to premium iGaming entertainment that’s provably fair, fast and flexible

CashBet is the only complete, crypto-ready, mobile-first iGaming platform with an established, profitable presence in regulated gaming markets.

We invite you to read our whitepaper to learn more: https:coin.cashbet.com/whitepaper

Does the cash platform support sports bettings?

Our future plans are to make CashBet Coin a token in all areas of digital wagering. At this time we do not have a sports betting offering. We would just need to integrate sports betting into our CashBet licenced platform.

The CashBet iGaming platform is a licensable B2B enterprise software that enables operators to run a legal, profitable iGaming business. The patented platform can be applied to power real money, casino, social, eSports, sports betting and lottery games.

Where can I find cashbet-powered sites or apps?

CashBet powers over 450 games. To see some examples of feature apps & websites, visit:

We’ll be adding more featured games here soon!

Are there any references to your company in media?

Yes, please visit the media coverage section of https://coin.cashbet.com.

Where are you based/located?

CashBet is based in Alderney and its parent company, Mobile Gaming Technologies, Inc., is based in Oakland, California.