DAOBet Token Swap on Mainnet - Get Your Native BET Tokens Now!

Nov 16, 2019 at 10:43 // News
DAOBet token swap

With the mainnet of the DAOBet blockchain now about to go live, the gaming solutions provider has now announced a Token Swap event, for all BET token holders to migrate over to the native DAOBet platform, away from the original Ethereum blockchain.

Token Swap Using DAOWallet

Moving BET tokens from Ethereum to the native DAOBet platform offers the opportunity to benefit from the best that blockchain gaming has to offer. Soon, BET tokens can be used on the mainnet to host, bet or create your own game.

Follow these steps to convert your ERC20 BET tokens to native BET tokens on the DAOBet platform:

  1. Create a DAOWallet here. Login if you already have one.

  2. First-time users should enter an email, use the validation password sent to the email, and create a personal CODE (instead of password) plus recovery phrase.

  3. Once logged in, click the BET (ERC-20) button.

  4. Click the Receive button to get a receiving address and QR code. Send the ERC20 tokens to this address.

  5. After receiving confirmation of the send, click the Convert button to begin the conversion. Make sure you have enough ETH to pay for the gas cost of this transaction.

  6. You will be asked to enter the amount of ERC-20 tokens you wish to convert. Select the required amount and press the Convert confirmation button below. A pop-up will inform if your conversion was successful.

The gaming-specific blockchain developed by DAOBet -- formerly EarnBet -- is the way blockchain gaming should look like: fast, efficient and with the flexibility to let all players play as they want with as little friction as possible. And beyond users, developers, affiliates and operators should all feel welcome on the platform, to try out new ideas, with the best possible crypto implementation.

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DAOBet Is Now Ready for Native BET Tokens

Transparency and security, the two most prized aspects of blockchain gaming, are made possible on the DAOBet platform, thanks to tailor-made specifications that directly address all these characteristics considered crucial to the entire gaming industry:

  • Transact with Speed. DAOBet can process 3,000 transactions every second with only a 1-second latency.

  • Scale as you Grow: Using sequential block confirmation, DAOBet achieves deterministic block finality ensuring new users don’t cause congestion.

  • Get peace of mind: DAOBet will never have fewer than 100 validators, ensuring the network is always protected against hackers and malicious actors. Because controlling a lot of nodes is difficult, data is almost impervious to tampering.

  • Enjoy Provably Fair Games: Using Signidice RNG Verification, certified by Gaming Laboratories International, DAOBet benefits from provably fair methods acknowledged by a gaming authority with international recognition.

  • Customize as You Wish: Customize your games to play with others, with the DAOBet ecosystem, and manage new resources on the DAOWallet.

The DAOWAllet

Imagine receiving winning payouts as soon as your bets settle. That’s now possible with DAOWallet, ensuring you enjoy and get your rewards immediately.

Prefer other crypto? Now you can trade BTC, ETH, BET, and ERC-20 compatible assets directly with each other, or choose to add other tokens, all thanks to DAOWallet. Funds can be transferred easily now in and out of the DAOBet ecosystem. More advanced users who want to be part of the community voting process can also stake tokens in DAOWallet.

Install your new DAOWallet today.

To learn more about DAOBet, visit the website or check out its code on Github. Prefer talking to someone? Chat with the team on Telegram, Twitter or Facebook.

Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.


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