CFTBET Launches New Crypto Token as Market Standard for Crypto and Sports Betting Operators and Platforms

CFT was developed to meet the need for a universal token that would serve as the standard for both crypto and sports betting

United Kingdom, 29th Sep 2022, King NewsWire, Cryptocurrency has become the rave in recent years. Since the launch of Bitcoin in 2009, cryptocurrency has been considered the currency of the future with widespread adoption across the globe. One reason cryptocurrency is a global trend is because it can be integrated with several aspects of human endeavors. From finance to healthcare, real estate, education and sports—and even online gaming—cryptocurrency is revolutionizing the way people do business. Other industries are seeing the advantages of cryptocurrency and are adopting it into their business models. The list of industries that accept cryptocurrency as payment keeps growing, and it’s becoming easier than ever for consumers to use digital currency in their everyday lives.

Today, CFTBET, a crypto-based betting platform is thrilled to announce the launch of CFT, a crypto token that will be used both on the platform and as a standard for betting operators alike. CFTBET is a gaming and betting platform that is the first of its kind. It’s also arguably the only game for sports fans to combine the interactive elements of social media with tournament-style sports betting. With the launch of the CFT token, players on CFTBET will enjoy better compensation while they play and the developers intend to use the token as a universal token and standard for crypto and sports betting. 

“The CFT token bears dual functionality,” explained a spokesperson for CFTBET. “We created the CFT token to develop a market standard for betting operators worldwide. As market adoption rather than mere technical superiority will be conducive to fulfilling this vision, we will work from day one to create the ecosystem required for widespread token acceptance. This mean CFTBET will always an open platform designed for maximum versatility, fully welcoming third-party application and service providers.​ Gamers on our platform and betting operators and participants will enjoy the unique functionalities of the CFT token.”

CFTBET uses Blockchain technology to create a secure system where all bets are recorded. This makes it easy to see who wins and who loses and prevents developers from manipulating results. The CFTBET website allows players to take part in various sports betting competitions. Each contestant can select real odds off-play or in-play on several markets (match, goal, point) and in many sports (soccer, tennis, basketball, ice hockey and many more). Tournament will be settled according to the ranking of each competitor.

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Organization: CFTBET

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Country: United Kingdom

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