BX.BET - A DECENTRALISED BETTING EXCHANGE PLATFORM

cryptoblock01 (25)in #cryptocurrency • 6 years ago

INTRODUCTION

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

BX.BET is a decentralized global peer-to-peer betting exchange powered by blockchain technology, where gamers/players can create public and private betting markets by utilizing the BX.BET token. Powered by blockchain power of the Ethereum smart contract technology, BX platform will eliminate middleman structures in the betting/gambling ecosystem by giving its users full access and control over their funds and betting transactions at all times.

BX framework will encourage a completely straightforward and easy-to-use betting background. We trust that centralized betting models will turn out to be immediately outdated, as users start to completely understand the huge advantages of a decentralized model.

SOLUTIONS TO THE PROBLEMS FACING THE SPORTING INDUSTRY BY BX.BET.

It is often touted that, there can never be a problem without a solution as every solution emerges to solve a burning problem. Relating this to the sport industry, the BX.BET becomes a game changer that has come to sanitize, revolutionize and incentivize sports ecosystem such as;

Eradicating the limited amount in betting and ensuring a non-limit amount for betting.
Developing a platform that uses one currency for rewards in all the sport activities to build an economy among its users.
Developing an instant payout system.
Incentivizing the sports industry and it's players and fan base.
Creating a worldwide Sports Blockchain to entrust a fair payment/cost in the industry.
Ensuring fair rewards in the ecosystem by making adequate use of the blockchain protocol.

THE BX ECOSYSTEM

• Betting Exchange
The BX betting exchange shapes the focal center point for its users to acknowledge or offer bets on the outcomes of the markets.

• Market Owner
Turning into a bookmaker has never been so easy. In the BX ecosystem, each user can turn into a Market Owner and get an offer of the market they have created.

• Bet Market Smart Contract
All BX betting exchanges and also payouts will run securely, autonomously and straightforwardly on the blockchain by utilizing Smart Contract Technology.

• Betting Markets
BX will offer two kinds of betting markets inside the ecosystem: private and public markets.

• Fee Structure
BX will set up a reasonable and straightforward fee structure, which is exclusively designed to keep the ecosystem running. The general fee will be essentially settle for the status quo.

• Oracle
BX will produce the BX outcome voting system, as a decentralized Oracle to determine the outcomes of the bets securely and dependably

TOKEN DETAILS

Token symbol : BX
Token sale price : 1 BX = 0.19 USD
Blockchain used : Ethereum
Token standard : ERC20
Token type : Utility
Total token supply : 200,000,000
Total tokens offered : 120,000,000
Soft cap : $5,000,000
Hard cap : $20,000,000
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