DAOBet Kickstarts Token Swap from ERC-20 to Native BET Tokens
iGaming platform DAOBet’s BET Token swap is currently live, allowing everyone access to fast, fair, and transparent blockchain gaming!
DAOBet has successfully created its very own native tokens alongside a new mainnet. And now, the former ERC-20 version of BET Token can be swapped for the platform’s native tokens through some very simple and easy steps:
- Create a DAOWallet here. Login if you already have one.
- 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.
- Once logged in, click the BET (ERC-20) button.
- Click the Receive button to get a receiving address and QR code. Send the ERC-20 tokens to this address.
- 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.
- 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.
DAOBet aims to become a new business model for the iGaming marketplace through its custom-built blockchain ecosystem. The new blockchain was built as an upgraded version of EOS blockchain to achieve scalability, provably fair games, and advanced governance within the online iGaming market.
The DAOBet ecosystem will enable fluidity and ease when placing a wager, or creating and hosting of different games. Other amazing benefits to be enjoyed include:
- Ultra-Fast Transactions that seamlessly allows up to 3,000 transactions per second.
- Scalability solutions that mean that DAOBet mainnet will not suffer from congestion regardless of the exponential growth of its users based. All this, thanks to deterministic block finality which is achieved via a sequential block confirmation.
- The DAOBet blockchain network is highly-secured against malicious attacks and fraudulent actors. The network will always be protected by no fewer than 100 validators.
- DAOBet offers the highly-sought-after Gaming Laboratories International certified and Provably Fair model. This is thanks to Signidice RNG Verification, for trusted iGaming and gambling experience.
- A fully customizable ecosystem allowing players to create any game within DAOBet. These games can be played among users, and it’s resources managed with the multifunctional DAOWallet.
DAOWallet is a throughput wallet service, designed to further increase accessibility and the security of user funds. The wallet allows users to instantaneously receive payouts in real-time without the hassle of moving their funds to a third-party exchange.
DAOWallet enables peer-to-peer trading of assets among users. Users will be able to trade top cryptocurrencies and ERC-20 based tokens within the ecosystem. Topping all of these amazing benefits is the staking feature. DAOWallet users can stake their tokens for incentives and enjoy the opportunity to get involved in the community voting process.
To become part of DAOBet’s incredible community, get your DAOWallet by visiting this link today!