Home Press Releases PBET announces Initial Exchange Offering (IEO)

PBET announces Initial Exchange Offering (IEO)

pbet IEO

Cyprus, 14 June 2019 – PLC Player Loyalty LTD. announces stepping into an initial exchange offering strategy and extending Pre-Sale accordingly

PBET is proud to announce that multiple exchange compliance procedures have been successfully met, granting PBET official acceptance for conducting an Initial Exchange Offering (IEO) and subsequent listing.  This constitutes a major milestone crossed over by the PBET team, ahead to its roadmap schedule.  To jointly benefit from both, the positive and significant impact of this milestone on the PBET offer’s position and the latest traction of contributors and contributions, the company leadership is happy to extend the Pre-Sale period until June 25th.  The intention is to give an opportunity to previous contributors to leverage on this announcement while fairly allowing others to take advantage of the generous discount rate of 45% offered during the Pre-sale period.

In consideration of the selected strategy, PBET will cancel the next planned phases of the ICO to enter an IEO-driven approach with exchanges, and all details will be soon announced.

Frederick Vachon, founder of PLC Player Loyalty LTD. driving the PBET project, said he is extremely happy to collaborate with exchanges earlier than planned thanks to the shared responsiveness within the parameters of exchanges’ selective processes permitting quality projects like PBET to reach larger audience.  He highlighted the team’s effort to comply with requirements, partners’ support and PBET’s engaged clientele.  “Collaborating with exchanges from an early stage increases the visibility and recognition of our project and brand while allowing to clearly identify to our contributors some exchanges where we will be listed by the end of the IEO. This is perfectly aligned with our values of collaboration, and continuous communication with stakeholders providing full transparency on every single aspect of the PBET project.”

PBET, which is currently in its Pre-sale stage, generates synergies between physical and online gaming while integrating crypto-currencies instant payments and combining partners in a unique token-based Reward Club.  The innovative business model relies on partnering with physical casinos and providing them with a hassle-free turn-key solution for expanding into the online gaming arena, where PBET’s Unified Gaming Platform enables them to operate their gaming business, both on-premises and online.  Nonetheless, PBET is unique in that it also possesses a real-world product – a physical casino management system, Genuina, currently deployed in more than 20 land-based casinos within 4 countries.

PBET would like to take this occasion to thank all its contributors for their strong belief and support of the PBET project and team’s efforts allowing to cross such milestone.  The feedback of early adopters using PBET’s online gaming platform is much appreciated as well since they fuel the roadmap with player-centric features. 

Contributors interested in taking advantage of this extended period can participate in PBET Pre-sale and benefit from a 45 % discount as early investors of proprietary tokens that will be put to use immediately as a central element of PBET’s unique and disruptive Omni-channel approach.

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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