The Gambling Industry is developing and moving towards. Gambling already takes a part in most people lives and the Market Review illustrates this. We do not respect traditional betting services due their unfair conditions and other problem. As 2017, the global regulated gambling market is about $533b. The betting market accounted for $70b in global gross yield. The unregulated sector is many times larger.
Today’s online betting services have a several disadvantages:
- They’re not worldwide and allow withdrawals in limited countries only.
- Most of betting services does not accept cryptocurrencies at all.
- They take high commissions.
- Some of betting services automatically take taxes on personal income.
- Makes profit for beneficiaries only.
- Slow bets processing. Any solution powered just by Ethereum blockchain simply can’t provide the speed required for professional betting/trading on sports.
- Crypto-currencies volatility.
What is a Platform Betrium.?
Betrium is a Platform that offers the world's first decentralized betting exchange and sportsbook service with a zero commission that accepts crypto currency and offers a platform for event organizers, developers and third-party service providers. The Bettrium platform is also a platform that contributes to the development of a new economy, which in turn has opened up unimaginable opportunities in any traditional economic system. This phenomenon ICO gets world echoes because of its ability to provide access to global investment markets for rapid and secure project fundraising.
The main difference between Betrium and other projects is a business model that really earns money for founders, investors, and customers. So Betrium launches ICO to increase funding and make it the world's most sophisticated Gambling Platform based on powerful blockchain technology.
Moreover, Platform Betrium are the first to offer a powerful betting API for developers, third party apps and betting bots. In future, Betrium may become a worldwide betting processing center providing its core to the huge number of services. So, to make the world’s largest betting service, Betrium is doing an initial coin offering and issuing its tokens on a public blockchain. Betrium is a project, where a real business meets new-generation technologies.
How The Betrium Platform Works.?
- Betrium accept crypto-currencies from all around theworld.
- We can process bets fast on our decentralized platform.
- We stabilize crypto-currencies volatility.
- We offer the lowest commission and the most profitable odds possible.
- We optimize our customers’ taxes and fees.
- We provide platform for event organizers (such as esports streamers, sport leagues etc.), so they create own matches/games on a blockchain and can earn money.
- Finally, Betrium is 20% more profitable for customers than any other service.
Vision Platform Betrium
Our Vision is in every single event organizer like private Austrian box league should have an opportunity to earn money on bets. Betrium will give that opportunity to all, including individuals such as e-sports streamers. In Betrium bets happen off-chain and only added when the event happens and the outcome is undeniable. That means, in contrast to competitors, we are able to provide high-speed betting service built on decentralized IT architecture. Betrium will provide a powerful Public RESTful API, so developers may create as much betting bots as possible and build own betting services on their own using Betrium's core.
Problems
The online betting industry has suffered from a luck of innovation for years. However, today's betting services have the following disadvantages:
- No Worldwide.
- No full worldwide work.
- No worldwide money deposits and withdrawals.
- No worldwide support.
- Only local and most known sport events.
- Many bookmakers ban foreign users.
- High Commissions.
- 1-3% fee on money deposit.
- 1-3% fee on money withdrawals.
- 0-5% fee on winnings.
- No Crypto-Currencies Support.
- Unfair Conditions.
- Taxes Issue.
- No Vendor/Organizers Platform.
- No API.
Solution Betrium
Betrium is a decentralized service that is revolutionizing the nature of online betting and, in future, overall gambling. The blockchain technologies make Betrium open, resistant to hacking, and therefore a safe environment. Betrium is the first to offer the following key-features:
- Worldwide.
- Worldwide money deposits and withdrawals.
- Worldwide support (for 25-30 countries).
- All the sport events all around the world.
- Volatility Stabilization: balances will be fixed in the virtual USD/EUR, so users are protected from loosing in regular crypto currencies' dumps by integrating exchange functionality.
- Event Organizers Platform: we offer a unique creation platform for event organizers. The platform gives opportunity to create events (and particularly cyber sport streams) and make profit on betting using a powerful blockchain technology.
- High Commissions.
- 0-1% fee on money deposits, withdrawals and winnings.
- Support of Popular Crypto-Currencies.
- ETH, BTC, LTC, XZC, DASH.
- Taxes Issue: Betrium can't take taxes due it's nature.
- Fast Bets Processing: Bets happen off-chain.
- Open API: Betrium provides a public API for developers and encourages betting bots, third-party apps and betting service providers.
Future of Gambling Betrium
The main goal Betrium is to make the world’s biggest gambling platform. Betrium has several goals for future, which is described in following subsections:
- Ultimate Open API
- ESports Area
- Online Lotteries
- Poker, Casino, Etc
- Live Sports
- Offline
- Regulatory
ICO Betrium
To achieve Betrium's goals, we are launching an Initial Coin Offering to issue Betriums tokens BTRM on the public blockchain. BTRM is an ERC-20 token build on Ethereum. A total of 140M BTRM will be issued only. The tokens will be issued during the pre-ICO and ICO.
- Phase 1: Early Pre-ICO (Closed).
- Phase 2: Pre-ICO ( Closed).
- Phase 3: ICO⏪⏪ ( 5th April - 14 May ). Betrium puts up for sale 14 million tokens (10% of all tokens to be issued).
- Phase 4: SCO.
The funds raised during the ICO and pre-ICO will be spent in the following order: - Capital for Wins Rewards 10%.
- PR And Marketing 40%.
- IT Infrastructure Development and Support 22%.
- Legal Issues Fixing 4%.
- Localization for major languages 1%.
- Operational Spends (office, employees, etc.) 8%.
- Unforeseen Expenses 12%.
- Founders and Developers Bonus 3%.
Tokens Allocation
There will be a total of 140 million BTRM tokens in circulation, allocated in the following ways:
- Up to 77 million sold to the general public during the token launch.
- 28 million kept in the Betrium reserve pool for sale.
- 7 million granted to advisors, sport representatives, esports streamers, kept in a multisigned wallet.
- 28 million granted to Betrium founders, management and employees.
Team
- Maksym Suvorov
- Andrey Rybalchenko
- Nataliia Khotiaintseva
- Dmitry Kazantsev
- Alex Bykhun
- Adrian Merakis
- Kevin Dolan
- Sergey Efimenko
- Karthik Iyer
- Sam Taheri
- Luke MacDonald
- Severiano Zatta
- Patrick Richardson
- Denys Suvorov
Roadmap
WEBSITE: https://betrium.co
TELEGRAM: https://t.me/Betrium
TWITTER: https://twitter.com/betriumBets
FACEBOOK: https://www.facebook.com/Betrium
WHITEPAPER: http://betrium.co/betrium_whitepaper.pdf
Bitcointalk Username: (aruldaroy)
https://bitcointalk.org/index.php?action=profile;u=1164939
Eth Address: 0x0b91554F1C0E2534E5e8a904a06F1B596e811EaD
Coins mentioned in post:
Congratulations @aruldaroy! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last announcement from @steemitboard!