EOSBet Gets Ready for Mainstream Adoption with Account System Launch
Beta launch of the EOSBet account system, a product of many hours of hard work from our development team.
This account system enables users to deposit funds from any source, and easily bet without the use of a wallet or Scatter. Players never have to worry about their own resource costs like CPU, Net, or RAM again, since they’re all covered by us. Best yet, this account system is still decentralized and non-custodial — you always maintain complete control of your funds!
We’ve built this system with the average non-techie gambler in mind. Players sign-up with two clicks. It’s simple, intuitive, and even easier than creating an account on a centralized site.
This release, part of a series of key launches for our team in early 2019, opens the floodgates for mainstream adoption and serves as the first step in our efforts to ensure EOSBet’s infrastructure will accommodate commercial scale volume.
Let’s take a look at a few features of this innovation:
EOSBet Account System Features
I. Simple and Intuitive
Signing up is a breeze! We walk you through the process from start to finish.
You can deposit funds directly from any wallet or exchange! Already use Scatter? Not a problem, quickly log-in and deposit as much EOS as you’d like.
Once you’ve deposited your funds, you can play from any browser — no mobile wallet needed! Your login information is stored in your browser so you can visit test.eosbet.io and play instantly.
For the first time ever, non-EOS account holders can receive BET and participate in our player rewards program, opening the door to entire new markets.
Everything is still completely on-chain. All account system actions are fully viewable on any block explorer and become permanently part of the EOS.IO blockchain.
The system is also non-custodial, meaning no one (including anyone from EOSBet) can access your funds. This is also why it’s important to write down your recovery phrase — think of it like your password.
III. Kiss CPU issues goodbye!
Most people are well aware of the CPU issues plaguing the EOS mainnet, which we have written about in the past. Having to stake hundreds of dollars of EOS to bet for a few minutes is a rude awakening for many new players, and serves as a significant barrier to entry for most dApps.
With an EOSBet account you don’t have to worry about staking EOS for CPU, RAM, or NET, as these are all covered by the casino! We will do our best to lease enough EOS for everyone until we finish our scaling solution that is currently under development.
IV. More Fun!
Our chat system is only compatible with the latest version of Scatter Desktop, meaning many players aren’t taking advantage of it yet. Our account system allows you easily take advantage of our chatbox so you can talk with other players in the room.
Missed out on that EOS account name you wanted? Now’s your chance to snag it, or do something much more creative! Create a custom account name with special characters or emojis 🚀🤠🙌🏼🤞🏼🌙🎲
Next, we will be offering BTC (and eventually ETH and other altcoin) deposits as well. This will be done using a completely native deposit system that credits EOSBTC or EOSETH to players accounts. No need for exchanging coins or relying on 3rd party wallets that charge fees! This will create a bridge between other crypto communities and EOSBet, allowing us to easily on-board new players.
In the spirit of making this account system as user friendly as possible, we are also developing an optional seed phrase email recovery option.