> For the complete documentation index, see [llms.txt](https://xbetnow.gitbook.io/xbetnow-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://xbetnow.gitbook.io/xbetnow-whitepaper/abstract.md).

# Abstract

A Next-Generation Ethereum Betting Platform with Utility Games and Automated Bot Betting

<figure><img src="https://2074033355-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fo2MmKplYoyDNqCAJR9eP%2Fuploads%2FOqcxxu0irljNxzxLCpPP%2FBlue%20Modern%20Design%20Twitter%20Header-24.png?alt=media&amp;token=68f979d2-d5a7-49a4-8564-bcb7afce6c57" alt=""><figcaption><p>$XBET</p></figcaption></figure>

This whitepaper introduces the XBetNow Token, a decentralized utility token built on the Ethereum blockchain. XBetNow aims to revolutionize the online betting industry by offering a transparent, secure, and innovative betting platform that includes utility games and bot betting features. This document outlines the token's purpose, technical specifications, platform architecture, governance, and roadmap for future development.