Full Transparency

Why is transparency important?

In traditional centralized betting platforms, exit-scams and rug-pulls are caused by improper operation of the platform. Security vulnerabilities coupled with high leverage operations lead to a deficit in capital, which results in the platform becoming insolvent, thus leaving the players holding empty bags. Most of these collapse in a short amount of time because players simply cannot anticipate and judge in advance, which harms the players and makes the platforms criminally liable.

Any risk-aware gamblers must be thinking about these two questions:

  1. How strong are the finances of this platform?

  2. Is the data published by the platforms credible or not and how can I verify it?

Unfortunately, centralized platforms cannot answer the above 2 questions. These 2 questions are also like the sword of Damacies, which hangs in the head of everyone who chooses centralized platforms. These could fall at any point in time, catching the participants off guard and thus costing them their funds.

💪Crybeto uses blockchain technology to make every transaction on-chain, strengthening the thesis of transparency, verifiable information, and completely solving the problems mentioned to this point in time.

On Crybeto, players can easily verify all economic actions on the platform through the blockchain, including the following:

  1. 1.Bets, payouts, cashback and mining operations.

  2. Staking and dividends

  3. Token trading and token burning

  4. The liquidity in the pool all at the same time

Crybeto will provide complete reports, including:

  1. betting, payout, code laundering & mining report

  2. pledge dividend report

  3. all kinds of income statements, including the bank pool income, invitation rebate income

  4. records of various economic actions of the platform: including destruction, airdrop, etc.

All of the above is available on the blockchain, completely transparent to players and observers alike, and can be easily viewed and verified by anyone through a blockchain explorer.

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