BX.BET, the revolutionizing betting exchange

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Selasa, 31 Juli 2018

BX.BET, the revolutionizing betting exchange

BX BET is a global and decentralized prediction and betting market ecosystem that will allow its users to place bets in any market created by the community using the BX token.
With the power of intelligent contract of ethereum blockchain, BX can eliminate the intermediary and grant its users total control over their funds and betting transactions at all times.
BX BET aims to completely interrupt and redefine the traditional betting industry by offering its users a unique betting experience.

PROBLEMS OF THE BETTING INDUSTRY

LACK OF TRUST

Traditional betting operators require a high degree of confidence, which is sometimes exploited by bookies to the detriment of their users. On the other hand, this responsibility results in high procedural and financial expenses for the bookmakers as well.

LACK OF TRANSPARENCY

The processes of the traditional bookmakers remain hidden, without giving information on what information led to the specific probabilities and making it impossible to determine whether the odds are fair or too far in favor of the bookmakers.

INTERFERENCE OF SUPPLIERS AND LIMITATIONS

Within the current landscape of sports betting, players have a very limited freedom of betting. bookmakers can limit players in their betting behavior and even penalize players who frequently win by banning or restricting them.

HIGH PRICES

High costs are required to run a traditional betting operator safely and efficiently for both the players and the company. These costs are reflected in high margin probabilities and are charged directly to the players.

THE SOLUTION

Our decentralized, blockchain-based approach eliminates undistributed processes and allows players to benefit from total transparency and full control over their betting experience. We eliminate the intermediary and we give back control to the user.BX BET neutralizes all the problems and weaknesses of the current betting market, by introducing a powerful and distributed ecosystem that runs on self-executing intelligent contracts, which significantly reduces operational and transaction costs.

THE Bx.Bet ECOSYSTEM

BETTING EXCHANGE

The exchange of BX bets forms the nerve center for its users to accept or offer bets on the results of the markets.

STRUCTURE OF CHARGESBX BET will establish a fair and transparent tariff structure, designed exclusively to keep the ecosystem functioning. The general rate will be significantly lower than industry standards.BX BET SMART CONTRACTS

All BX betting transactions, as well as payments, will be executed in a secure, autonomous and transparent manner in the block chain through the use of Smart Contract technology.

MARKET OWNER

Becoming a bookmaker has never been so easy. In the BX ecosystem, each user can become a market owner and receive a portion of the market he has created.

MARKET BETSBX BET will offer two types of betting markets within the ecosystem: private and public markets.

INTRODUCING BX BET
BX BET is a global, decentralized peer-to-peer betting and prediction market ecosystem that will allow its users to place bets on any market created by the community using the BX token.

With the smart contract power of the ethereum blockchain, BX is able to cut out the middleman and give its users full control over their funds and betting transactions at all time.

BX BET aims to completely disrupt and redefine the traditional betting industry by offering its users a unique betting experience.

Problems of the betting industry

The result of this is that the difference factor is usually very high and in most cases will favor the bookmaker. This is due to the fact that all bookmakers use structures that are centralized. Such problems, if not controlled, can be very unpleasant for gamers, since a typical player cannot determine how fair the process is. It is worth more detail to consider existing problems:

Low transparency and honesty of existing services - players very rarely trust bookmakers, constantly encountering various fraudulent schemes.

Existing restrictions and huge costs for intermediaries- Some companies deliberately restrict their customers to constantly receive payment for services.

The absence of coefficients- which will be really beneficial for the players.

Many existing services restrict players by setting certain limits on rates - the BX.BET project will allow you to place bets that fully meet your requirements.

The BX.BET solution seeks to neutralize these problems, as well as the shortcomings that the gaming industry is currently pursuing, by introducing the BX ecosystem into it. The ecosystem will allow all players to enjoy complete freedom, to use their experience and knowledge for earning at the rates.

BX_BET is powerful and correctly distributed, which makes it one of the best forecasting systems and rates currently using intelligent contracts. All transactions performed on the platform, as well as payments to be made, will be performed in a safe and autonomous manner.

This will happen through the Ethereum flowchart. Developers of BX.BET want to use intelligent contracts to ensure the security of all transactions. Thus, BX.BET will provide its users with complete control over all their business, as well as the means stored in their digital wallets.
ICO information

TOKEN SALE DETAILS
TOKEN SALE

Pre-Token Sale start date 3rd September 2018
Pre-Token Sale end date 17th September 2018
Main Token Sale start date 8th October 2018
Main Token Sale end date 5th November 2018
Total token supply 200,000,000
Total tokens offered 120,000,000

Hard cap $20,000,000
Soft cap $5,000,000
Token symbol BX
Token sale price 1 BX = 0.19 USD
Blockchain used Ethereum
Token standard ERC20
Token type Utility

TOKEN DISTRIBUTION

60% Token Sale
10% Team
10% Advisor
5% Bounty
15% Company Reserve

FUND DISTRIBUTION

50% Development
25% Marketing
15% Operations
5% Legal
5% Miscellaneous

For more information visit the link below:
Website: http://www.bx.bet/
Whitepaper: https://bx.bet/static/files/whitepaper.pdf
Telegram: https://t.me/bxbet
Twitter: https://twitter.com/BXBETico
Facebook: https://www.facebook.com/BXBET/
Medium: https://medium.com/bxbet
Youtube:https://www.youtube.com/channel/UCGmpGplemqWL8l2wxOXamOw
ANN thread: https://bitcointalk.org/index.php?topic=4641799.0

By:risky07

https://bitcointalk.org/index.php?action=profile;u=2305195

ETH:

0x68C1DD3a99b3ACff488be7353deb65B3EEb43A89