Traditional methods of raising funds for a startup are gradually giving way for the decentralized format. The era of the blockchain technology that started a decade ago keeps breaking new grounds. This time around, the network has forged an impressive use on the conventional borrowing and lending mediums.
The ONIZ Solution
ONIZ is devised as an open-source platform that is premised on the blockchain. The overall goal is to institute a feasible approach to getting funds for startups. By this formulation, blockchain project developers are certain of getting the needed financial backing provided their projects are feasible when deployed.
The platform also empowers token holders to create separate projects that are affirmed to be profitable after the launch. To that end, project developers are empowered to get funding for their main project while channeling some of the resources to other areas.
Areas of Application
Just as new projects are welcome to bid for funds, the platform is specifically out to finance certain systems that have massive use in today’s society. These are sports betting, electronic banking, online casinos, and online games.
Each of these projects has distinct features that qualified them for recognition. This is in addition to the mainstream adoptions that await them after the project developers get the financial backing to complete the final stages of the project.
Out of these, sports betting ranks as the most viable, as ONIZ has specially formulated frameworks for it. Let us look at these and the impact it would have on the global electronic/interactive gaming (iGaming) ecosystem.
AI for Sports Betting
It has been affirmed that sports betting or any other form of gambling activity is a game of chance. In that regard, the odds may not be in your favour as expected.
Nevertheless, ONIZ devised an Artificial Intelligence (AI) that would help players to make accurate bets on their odds. The accuracy is pegged at over 80%, which is an indication that players tend to win big at the end.
Besides, the AI also has a winning rate of 85%. This is tenable because of the versatility to gather ratio analysis from bookies, and using the same to help players to hit the jackpot.
The Role of the ONIZ Token
The platform also has a native crypto token that is typical of every other cryptocurrency or blockchain-based project. The role of the ONIZ token is strictly for utility purposes. This implies that it serves as the built-in currency of the platform. It would be deployed to many areas, where financial transactions are needed.
The first use case of the ONIZ token (ONZ) is to pay for projects that have been created after getting funds from the platform. The token is also acceptable by partners of the project that accept it as a payment method.
It can also be used to make decentralized in-payments for linked games that are created on the platform. You may also want to use it to purchase betting tips and odds to increase your chances of winning the jackpot.
Token Information
Token Name: ONIZ Token
Ticker: ONZ
Platform: Ethereum
Token Supply: 8 billion
Final Words
Decentralized lending is taking the stage in the global payment sectors. Facilitated by crypto coins and tokens and premised on the blockchain, this method of payment promises to be faster, safer, and more efficient. A platform like ONIZ is the perfect place to access and put the acquired funds to good use.
Visit the following links for greater insight on this remarkable project
🌐 Website
📖 Whitepaper
👉 Bitcointalk ANN Thread
🎬YouTube
⚛️Telegram group
📌Telegram channel
🐧Twitter
👉 Download on Playstore
👉 Download on Appstore
Writer's info
Bitcointalk username: deodivine1
Profile URL : https://bitcointalk.org/index.php?action=profile;u=1390292
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