BETBOX
Hi guys! I will be giving you a review about the BETBOX Project, About the company, token information, features, investment app, Team and many more. So i begin by explaining exactly what BETBOX entails.
ABOUT BETBOX
BETBOX network is a decentralized, transparent, and P2P (peer to peer) betting platform with the core mission of exterminating present challenges faced by bet lovers while providing a safe, seamless and comfortable platform to bet. There are numerous advantages of choosing BETBOX over traditional betting arsenals, BETBOX offers a simple and fair betting platform, giving incentives to users, blockchain technology decentralized betting, security of funds of users, trust and transparency. The BETBOX mobile application will be available for download and installation for Android (google play), iOS (apple) users, and web (desktop) users which are all in English language but more languages will be introduced in the nearest future. On BETBOX ecosystem winners of a particular bet do not only get rewarded, losers who concede to defeat will be incentivized, they are not abandoned like traditional betting providers this will be discussed below. OX tokens holders will be rewarded for participating in specific tasks which includes voting, fairness, contributing to the network, and performing actions for their loyalty and adding value to BETBOX.
ADVANTAGES OF USING BETBOX PLATFORM
Bets can be placed by the public or by friends
Users can set up crazy challenges and get rewarded with 10% of the jackpot as a reward
Everyone can predict if you can hold your word with a bet on you or against you
Live feed functionality make you see what is happening at any point in time
Security of user’s wallet with the latest security functionality.
Features of BETBOX NETWORK
Private peer to peer
Offer the opportunity for community members bet against their friends on a peer to peer basis with individual set up of the bet and private outcome consensus.
Private group
Offer the opportunity for community members to bet against many friends at the same time with individual set up of the bet and private outcome consensus.
Public
Offer the opportunity for community members to generate universal bets with individual set up of the bet and public outcome consensus.
Shoot out (peer to peer – 50/50 game chance)
Russian roulette (peer to peer – high stake game chance)
Addict (jackpot)
Challenge (dApp)
Crypto rally (erc-712 + interaction)
Rich me (social lottery)
Fairness Rewards:
This reward category is for those members who placed their bet but didn’t win, they will be incentivized for their ability to concede to defeat which will also be distributed automatically through BETBOX smart contract, it will be primarily set to 4% of the total Ethereum staked.
Straightforwardness and Trust:
Betbox is boosting trust between internet card sharks by permitting a decentralized betting knowledge that is prepared through shrewd contracts that can't be controlled, with the utilization of keen contracts instances of traps and tricks will be kept away from through the disposal of manual handling, this will ingrain trust in the betting business that will pull in more clients to the market.
Paying with Cryptocurrency:
Betbox clients will most likely execute through digital forms of money, this will diminish installment handling costs and empower a quick preparing rate dissimilar to exchanges forms through fiat, the capacity to execute through cryptographic forms of money will likewise enable the market to tap on a worldwide market that was confined by administrative locales. The utilization of digital forms of money on the betbox stage will make stores and withdrawal quick and in the meantime decrease the expenses related with them be taking out mediators, for example, banks structure the framework.
Voting Rewards:
Members of BETBOX network who participate in voting for finding a consensus will be rewarded with Ethereum, amount received by a community member depends on the reaction time, amount of Ethereum staked, and the number of participants involved in that particular bet. Rewards will be sent out automatically to those who participated through BETBOX smart contracts.
Lessen Extortion:
Using shrewd contracts, exchanges will be handled and recorded on appropriated records that will make clients progressively secure and limit the instances of extortion by programmers. clients rewards are forms through savvy contracts and this makes it conceivable to forms exchanges in a decentralized domain.
With the provided betbox alpha UI now only web via Metamask users can access smartcontracts to store, verify and fairly distribute assets at stake by placing individual or predefined bets and agree upon the outcome by private or public voting. We work with an excellent app agency Apper to make sure we can provide a flawless UX to our customers. The escrow of the assets at stake will be managed automatically by a trusted smartcontract whereas the election of the winning party is processed by an oracle.
TOKEN DETAILS
OX is an erc-20 compatible token created on the Ethereum smart contract because of its reliability, availability, transparency, and security. To ensure the preservation of OX tokens BETBOX network may burn OX and reward holders with Ethereum in the buyback and burn phase each quarter of the year.
TOKEN NAME: OX
TICKER: OX
NETWORK: ERC-20 COMPATIBLE (ETHEREUM)
TOTAL ISSUED SUPPLY: 100 MILLION OX
TOTAL SUPPLY: NIL
PRICE PER TOKEN: 0.00004 ETH PER ONE
MARKETCAP AFTER TGE: 40,000 ETH
ICO HARDCAP: 32,000
TOKEN ALLOCATION
PUBLIC SALE: 80 MILLION OX
BOUNTY: 8 MILLION OX
RESERVE: 12 MILLION 0X
FUNDS ALLOCATION
RESERVE: 15%
ECOSYSTEM: 35%
BRANDING& MARKETING: 50%
GREAT TEAM
ROADMAP
For more information, kindly check the links below;
Website: https://betbox.app/
Whitepaper: https://betbox.app/required/whitepaper_betbox_v1.pdf
Twitter: https://twitter.com/@betbox_OX
Telegram: https://t.me/betboxGlobal
Github: https://github.com/betbox
Bitcointalk: https://bitcointalk.org/index.php?topic=5026661.0
Bounty0x Username:
temillion