- According to operations manager Braden Rowe, the company has grown and evolved over the past year. They have also brought in experienced gaming industry veterans to help them in product development and management.
- In June of 2018, they saw an opportunity to take their offering beyond what was possible by becoming the first ever dApp to launch on the VeChain blockchain.
- To date, they’re focusing on two primary things: their mainnet and doing more auditing, testing, and in-depth discussions with VeChain’s engineers.
A year after completing their ICO process, DECENT.bet operations manager Braden Rowe reported it has been a great year for them. According to Rowe, they have evolved and grown and they’ve brought in veterans in the gaming industry to help them in both management and product development. He added “We are, without question, in a better place today than at any time in our brief but busy history.”
Their Year in Review
DECENT.bet’s Initial Coin Offering (ICO) was in the late part of September 2017 and ended in the late part of October the same year. In terms of raise, community sentiment, token issuance, and overall experience, they concluded the event was a successful one.
They ended 2017 with a number of releases, most notably their first and second wallet iterations. Said iterations not only allowed for an upgrade of their ICO issued token, it also took into consideration the account community and feedback in terms of design and functionality.
The same year, the company got listed on their first exchanges: Yobit and Cryptopia. To help them navigate the complex legislative environment of online gambling, they hired the services of renowned firm Perkins and Coie. Lastly, they rounded 2017 with a preview of their slots, sportsbook, and alpha versions on the Ethereum network.
The following year saw a whirlwind of activities which included global conferences in London, Barcelona, and Tokyo and their token listing on HitBTC. However, one of the most exciting developments took place in May 2018 when they finally attained their Dominica gaming license.
Porting the DECENT.bet Platform to the VeChain Blockchain
In June of 2018, DECENT.bet jumped at the opportunity to be the first dApp to launch on the VeChain blockchain. Since the blockchain is more scalable, they see it as vital for a solution and offering like theirs. After all, they need to present a seamless gaming experience to their target audience. Otherwise, they won’t have a lasting and significant consumer base.
After re-energising and streamlining their development team, they announced DECENT.bet 2.0. With the rebranding, they not only introduced a new colour palette but also a fresh vision of what the platform is capable of.
What the Future Looks Like for DECENT.bet
Since their VeChain migration is the first of its kind, it requires planning. In other words, they need to do more audits, more testing, and more thorough discussions with VeChain’s engineers. Their top priority however is their mainnet which will go live on October 31st, 2018 and will be the first dApp to be launched on the VeChain blockchain.
Their mainnet will be a closed beta version. Selection of participants will be done using a process similar to the one used in the selection of their alpha testers. Starting October 31, 2018, real DBETs will be lost and won, and all the resultant data will not only be transparent but also independently verifiable.
They will also publish data on a consistent basis, including a timeline for when the closed beta will be available to the community. The company is scheduled to release further announcements in the coming weeks.