BETBOX: BETTING ON THE BLOCKCHAIN
BETBOX is a decentralized, transparent platform / network / ecosystem of P2P rates (peer to peer), built on the technology of Ethereum chain chains. Betbox arose due to the desire to offer solutions to some problems associated with traditional betting platforms, including lack of trust, security, security, limited administration, etc.
BETBOX platform is a user friendly platform and as such it is filled with loads of advantages for all its subscribers which the traditional betting platforms can jot ordinary offers its users. The BETBOX platform offers a simple, easy-to-use and fair betting platform to its users whereby incentives are giving to users. Since the BETBOX platform is built on blockchain technology, it allows the users to enjoy the privilege of decentralized betting, security of funds and stakes of users, trust and transparency are very much assured, hence putting the minds of users at rest.
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.
Betbox is a decentralized ecosystem created to provide a completely safe and transparent environment for people who are passionate about gambling. Various Dapps (smart contracts) have been built on this ecosystem. All users can contribute to the project's growth by presenting their ideas or solutions in exchange for the project'S indicator (OX).
The project, which initially applied for a betting license in several countries, will soon receive a grant for online games. The platform that currently supports the English language will soon be supporting more languages. So it will be a platform that does a global business.
The ecosystem is community-focused. Enables active users in the system to gain Ox token in exchange for specific tasks. A user can earn the following prizes:
Voting
Honesty
Contribution to ecosystem
Performing actions
OX is the Ticker for BETBOX token. OX is the native currency of the BETBOX ecosystem which will be used for all forms of transactions carried out on the platform and it will also be used to fu
el the platform.
OX is an ERC-20 compliant token created on the Ethereum smart contract because of its reliability, availability, transparency, and security which can not be easily found on other networks.
OX will be used as standard mode of payment when placing bets, staking, voting and for other payments on the Betbox platform hence giving the token a huge value over time.
As a way of keeping the value of the token at high esteem, the team behind Betbox has put in place a protocol to burn ununsed/unmined OX and also reward holders of the OX token with Ethereum in the buyback and burn phase programme slated for each quarter of the year.
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