BETR - An ICO cryptographic coin to create a global betting Liquidity Fund service.
Overview Overview Overview
This paper presents a new Methodology for the use of technological knowledge in decentralized operations, promoted by Bitcoin and other cryptographic currencies, for the implementation of a decentralized protocol of sports betting among peers. The new protocol will be open source and it is expected that over time multiple disparate software interfaces will be developed using the same common protocol with its underlying cryptographic currency.
The problem
The online gambling industry has lacked novel ideas for some time. Betting is overwhelmingly in favor of the bookmaker, payment options are obsolete and players who win are regularly limited or banned. There is a lack of privacy, exorbitant fees and low returns, all of which are elements that discourage gamblers or lead to illegal gambling.
BETR is different. It is the crypto-currency of bets that can be a true decentralized sports betting betting on the Internet. With BETR offering financial security, real bets between equals are made possible on the Internet with entities that have no previous relationship. Using blockchain we are able to offer sportsbook customers that operate without companies or companies in the middle. The system is secure, the software and transactions are probably fair and robust. Add the ease of paying a bet through the BETR coin BETR Betting is the destination of the batch.
The Solution - Why BETR Betting is Better
BETR is different. It is the crypto-currency of bets that can be decentralized sports betting betting on the Internet. With BETR offering financial security, real bets between equals are made possible on the Internet with entities that have no previous relationship. Using blockchain we are able to offer sportsbook companies that operate without companies or companies in the middle. The system is secure, the software and transactions are probably fair and robust. Add the ease of paying a bet through the BETR coin BETR Betting is the destination of the batch.
By the end of 2017, the global regulated and unregulated gambling industry is expected to reach $533 billion and sports betting is expected to become the largest contributor. This represents a 47% increase over the $363 billion recorded a decade earlier in 2007, according to Global Betting and Gaming Consultants.
The value of the international online sports betting market is worth 205 billion dollars, according to Statista, and the gross betting yield of the world football industry is expected to reach 80 billion dollars.
According to Technavio, the Internet gaming industry has grown at a considerable rate between 2010 and 2016 and is expected to maintain growth rates over the next five years.
The ICO
The system will be financed by issuing a betting voucher (BETR). The BETR shall be capped according to the total number of tokens that may exist and shall be issued
in accordance with the following schedule:
The use of currencies is fundamental for any ICOs that are currently offered.
Continuous Maintenance Tokens
The Company will periodically create continuous maintenance records and sell them in the market. The transaction fee will be
based on the transaction and will be set per transaction regardless of the amount of the bet.
The work team.
Adriaan Brink
Ian Sherrington.
Hilly Ehrlich
Mitchell Rankin
Consultants.
Ronnie O 'Sullivan OBE
Jon Matonis
Jez San OBE
Eric Benz
David Vanrenen
Rasmus Sojmark
Michael Caselli
Dennis Van Maanen
For more information see the link below:
Web: https://betterbetting.org/
Twitter: https://twitter.com/BETRBetting
Facebook: https://www.facebook.com/BETRBetting/
Youtube: https://www.youtube.com/channel/UCFvNUWRiedqvcpNHqLnDAXg
Ann: https://bitcointalk.org/index.php?topic=2582662
Telegram: https://t.me/joinchat/HNsEWQ-L0aCjHMsmKW-d_w
Author: carens
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1296141
Eth: 0x9e5C152D04eF2649de36146aFc97919be8C2E3D9
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