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A ‘Binance Coin-like’ Token for Crypto iGaming on the EOS Platform

2 mins
Updated by Adam James
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Monster Byte is pleased to present an EOS-based token that works in the manner of BNB, in that it is a utility token with a deflationary design via buybacks and token-burning events. If you haven’t heard of Monster Byte before, they are titans in the crypto iGaming space, having built its own Casino and Sportsbook software over the past two years. Currently, they have several clients, including the #1 EOS iGaming DAPP, and a Top-5 TRON iGaming DAPP. Monster Byte has a proven track record unheard of in the crypto-space and a strong foundation for immense growth.

What is Monster Byte?

Monster Byte is a licensed B2B iGaming provider. Its products include a Sportsbook which operates risk-free through the use of machine learning hedging, a suite of Provably Fair casino games, a cryptocurrency bankroll service for casino operators, and customer management solutions including wallet service. Products are delivered via both direct API access or custom built white-label offerings. Monster Byte is already driving revenue, and boasts a list of clients that includes AlteCarlo.com, Dice.one, TronTopia, ThunderCore and BitcoinRush. The experience of Monster Byte’s team sets it even further apart from the competition, having been in the crypto iGaming sector since 2013.

IEO Information

Monster Byte is performing IEOs on several exchanges, starting with ShortEx.net on September 16. A very limited supply of 7,000,000 tokens will be made available on ShortEx ,and all purchases in the first round on ShortEx will receive an exclusive 10% bonus. You can participate in the IEO and find more information here: https://shortex.net/monsterbyte

Offering Details

Monster Byte is creating 105,000,000 EOS-based MBT tokens, of which 60,000,000 are to be sold during the IEO. Existing Waves-based tokens will be converted into the new EOS-based token. And tokens owned by Monster Byte principals and team members will not be converted and will instead be burned. Residents of the United States and Canada will not be able to participate in this token offering. All unsold tokens will be burned. An in-depth overview of the token allotment can be found in Monster Byte’s whitepaper, which is viewable through our pre-sale site, or via this direct link: https://www.monsterbyte.io/images/Monster%20Byte%20-%20IEO.pdf

Benefits for MBT Holders

Token holders will benefit from structured buybacks designed to have a deflationary effect on the total supply, with significant rewards for long-term holders. All tokens that are bought-back will be burned. MBT tokens will be the preferred gaming token on MonsterGames.io, and B2B clients will receive discounts for paying for license fees in MBT. More information is available in Monster Byte’s whitepaper, on pages 15 & 16.

Purchase Details

Monster Byte tokens can be purchased on ShortEx.net with Bitcoin or Ethereum for $0.075 starting at 16:00 UTC on September 16th. Future exchange offerings including Liquid.com and NewDex.io are targeted to proceed following the offering on Shortex.
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