Review of the MeVu Platform

nur10 (3)in #cryptocurrency • 6 years ago

[meVu] This is a blockchain-based platform with the aim of implementing blockchain technology into the sports gambling market, like other platforms meVu introduces crypto currency (MVU) As a new currency in the world of cryptocurrency, meVu wants to change the pattern in the gaming and gambling world has been running by implementing a blockchain system for every transaction, one step as a precursor to the revolution in the gambling market
meVu will introduce the MVU crypto currency through the ico program, Sales tokens are part of a platform plan to facilitate peer-to-peer and peer-to-sportsbook platform transactions so that it will provide transparent and equitable transactions
meVu aims to revolutionize the sports betting system so that it creates decentralized peer to peer gambling and the gambling market will get better in the future with MVU as the crypto currency that will be used by every online sports company
meVu brings a new paradigm in sports gambling so that it guarantees fair and strong betting opportunities between the two parties, and will eliminate most of the friction associated with sports betting placements, the meVu team has created a transparent and proven peer-to-peer sports betting system that not owned by central management. With a core team of industry experts, meVu will become a gambling platform worldwide. this is in line with meVu's vision of aiming to become the most respected global platform specifically made for players to bet anything, anytime against anyone.

MeVu fee structure
meVu will support special and social bets. This bet can be on any event that has two possible outcomes. Both parties must also approve the final results and report the winner correctly. After successful completion, a 1.5 percent fee will be charged, deducted from the total winning pot. From the 1.5 percent fee charged 1 percent it falls to meVu, with the remaining 0.5 percent going to lottery funds that pay monthly to holders of Oracle / MVU random tokens. If there is a dispute between players, no fees will be charged and all ETH will be refunded minus the "gas" fee to execute the contract. The reporting system will be implemented related to the user's username to track percentage and reputation disputes. Reputation and percentage disputes will block malicious behavior in a number of different ways. meVu will also support sports betting at launch.

Token sales
publishing MVU tokens for the development and marketing of the blockchain system, an increase in liquidity is facilitated by an increase in the value of tokens. There will be an initial bonus system built at ICO to incentivize initial investment, according to the following schedule

Sales of meVu public tokens (MVU) that have been broadcast will run for 100 days or until the hardcap is reached, whichever comes first.
This will be the largest and final distribution of the MVU ERC20 in, 72, and our main goal is to distribute MVU globally so as to promote a fair and effective platform. MVU tokens will be available to interested parties in stages at various price points, depending on when the tokens are obtained.
the first week of sales will be the MVU the biggest discounted rate will be available at a rate of 1 MVU up to 34 cents USD. MVU prices will start to increase linearly by half of 1 cent per day to 44 cents. sales will have a hardcap 45 MM MVU token then when it reaches it immediately deactivates additional sales. the chart below describes the timeline for selling tokens, prices in USD, and the amount produced.
The token will only be claimed after the sale ends on December 18 2018.7 funds collected during the Public ITO for MVU tokens will be used according to the graph shown.