Bettium – Integrate Bancor Protocol
About Bettium
Bettium is a decentralized analytical platform for P2P betting powered by AI with Big Data capabilities and a number of unique features previously unavailable in the betting industry. The platform will serve both amateurs and betting professionals in a unified ecosystem based on the blockchain with all its associated advantages: decentralization, reliability, transparency, scalability and unprecedented performance.
About Bettium.comB
ettium.com provides users with simple and efficient tools to analyze Big Data. An Artificial Intelligence assistant (nicknamed “Merlin”) will allow players to execute tailor-made betting strategies autonomously. Those who prefer to rely on the expertise of professionals will be able to subscribe to specialized forecasts, mimic their bets, or even completely entrust funds to an expert for a small fee Bettium.com At the end of the 20th century when the Internet became a mainstream commodity, online betting services made their debut and quickly began to proliferate. The histo of online betting dates to 1994 when the state of Antigua and Barbuda issued the first offshore licenses to betting companies providing online betting services.The advent of Internet betting resulted in a massive expansion that benefited all market participants. Players in various locales gained access to bookmaking services throughout the world, while bookmakers saw their overhead evaporate as bricks-and-mortar offices became obsolete.Now the world is on the verge of the most important technical revolution since the rise of the Internet: the Blockchain Revolution. Blockchain technology is being applied to a myriad of diverse and innovative projects in all walks of life, providing additional transparency, greater reliability, reduced transaction costs, enhanced scaling capabilities, and many other unique advantages.
About Bancor
The Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.
Bettium is a decentralized global analytical platform for P2P betting that is set to capture a sizable portion of the growing sports and E-sports betting market estimated at $500 bln. Today the Bettium team is happy to announce the planned integration of the Bancor Protocol to provide continuous liquidity for their upcoming platform’s users. Bettium is planning to raise $30M during their token sale scheduled for May — June 2018.
By integrating the Bancor Protocol, Bettium ensures that BETT token holders will gain access to continuous liquidity regardless of projected trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor wallet or any Web3 wallet such as MetaMask. Currently integrated tokens on Bancor include ETH, BNT, GNO, BNB and a long list of announced projects soon to be activated on the Bancor Network.
Bettium will activate a Relay Token with 1% of its circulating token supply within two weeks following the successful completion of their token sale. Users will be able to purchase and sell BETT tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.
Token
supply 1 000 000 000 BETT
Soft Cap 7 500 000 USD
Hard Cap 30 000 000 USD
Initial price
1 BED = 0.05 USD
Payment methods accepted
BTC, ETH, VIEW
Ethereum — ERC20
The goal of Bettium is to disrupt sports betting. What do you believe is the biggest problem facing the industry today? Where does Bettium fit into the equation?
A lack of transparency and high fees are the two biggest problems facing the industry. Another major issue is dependence on banks and other financial institutions, which limits the amount of money paid in or out. Fraud and identity theft are also concerns. All of these factors have had a negative effect on people’s perception of sports betting. They have also slowed the growth of the industry at a time when its popularity should be higher than ever.
We recognized that blockchain can help alleviate these issues. Our platform will provide bettors with a safe and transparent place where they can enjoy the adrenaline rush of peer-to-peer betting without worrying about a middleman setting excessive betting limits. The design of the platform eliminates the third-party payment system entirely. Smart contracts allow us to guarantee that transactions are set in stone. Additionally, our fees are lower than on traditional betting sites. The low fees, in particular, will help Bettium grow its user-base.
How does Bettium and its AI-powered analytical platform help level the playing field between amateur bettors and professionals?
This is one of the features we are most excited about. A recreational bettor on a traditional
service often places a bet based on chance. They do this because they do not have the tools that they need to process all of the relevant information. In this case, the bettor has odds that are no better than a “black or red” gambler at a roulette table. The bettor could win using this method, but 90% of players lose money over time when they bet based on chance. This does nothing to help the growth of the sports betting industry. People become frustrated when they lose all the time, and they end up giving up.
Meanwhile, there are experts who regularly make lucrative bets on betting sites. They use tools that are not available to the public. Many of these tools rely on artificial intelligence-based algorithms to produce a stable and dependable betting strategy. These tools are the basis of the Bettium platform. We want to provide non-professionals the same tools that experts have so that they can make decisions that are just as informed.
Bettium features a comprehensive database, as well as a self-learning AI assistant that we have named “Merlin.” Merlin provides users with reliable suggestions for specific sporting bets. Merlin considers how well a given team does against various opponents, considers the effect of weather conditions, considers how well a team performs with or without key players, and more. In fact, the list of conditions is endless as users can customize Merlin to provide them with whatever data or analysis that they deem important. This customization allows even the least experienced of bettors to make lucrative betting decisions.
For more information please visit link :Website : https://bettium.com/
Whitepaper : https://bettium.com/bettium_whitepaper.pdf
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