BETFORM A GOOD ICO
Today, besides the main income, many people are trying to create in the creation of an auxiliary first owner of the news of the receipt of money. Variants of satisfying this desire are full, for example, these are social bets on sports, casinos, lotteries, card games. you can still completely make them both independent and nimble through the Internet.
Many such additional investments have already been created, someone uses them to make money, the rest is elementary for fun. Before those who are more responsible, and those who want to receive excellent money, almost every time they experience difficult circumstances with such services: if you always win my idol, you can, by skill, reduce the maximum rate to the minimum size, block the account Without clarification, to delay payments after a certain amount of days, and in fact all these gambling games, and the user can only start again.
In this random event, although it is inevitable that such game states of these centralized offices and services need to be perceived. I have been betting on sports for almost 10 years, and I have systematically changed bookmakers, since I almost always won, they noticed it and just blocked my accounts. I don’t do this anymore, although I made a kindly additional 1st owner of finance news receipts in the amount of $ 250-300 per month.
People like the gambling industry are perky, but revolutionary innovations must be introduced into it so that dividends on interest will not fall, but only increase. And an attractive, decisive statement of the task itself is proposed by the Betform project.
Their main function assigned is to create a decentralized platform of games for social bets in different directions with the help of intellectual contracts. This idea allows players to compete together without intermediary offices, to form a large pool in order to win, to receive payments in the form of their personal coin tokens in an instant.
In contrast to the traditionally formed formations, this ecosystem pursues the right vision in obtaining more owners, but not only profits. Any practically player will be able to see translucent final products of all games. The application can already be downloaded for two operating systems or read MVP.
Anyone can join the game without restrictive restraints. The site is already licensed and is now under the private sale of tokens, the group of companies will start on the 8th of the 2nd month of the winter of 2019, for a given period of time selling money for more than 72 million dollars. and recognizable games such as Texas Poker, Big 2 and in-Between, which are absolutely completely free.
While the vector of development of the team is an online casino, and fans of ordinary casinos will be able to assign the cost of all the benefits that this startup recommends. Monetary operations will be carried out with the introduction of their personal token, the platform undertakes to distribute 35% of revenue to the tournaments as a prize on a quarterly basis.
Players no longer need to worry about the fact that one of their relatives or acquaintances can find out about their preferences in gambling: each of them will have a personal wallet that is not associated with bank cards and other payment systems.
The number of ICOs being released weekly is crazy, and there certainly isn’t enough time for you to go through each one (unless you have a very large team working with you). Therefore, another way that can help identify an ICO with good potential is if it has a minimum viable product, an MVP.
To those unfamiliar with the term, an MVP is a product with enough features to satisfy the initial investors, and provide feedback for future development.
With this in mind, it is much more likely that a team with an MVP can reach the milestones on their roadmap quicker and thus launch a fully functioning product sooner. This in turn means the native token to that platform will be in use and the price will go up based on actual demand, not hype or manipulation by whales.
It is not always the case that only projects with MVPs turn out to be profitable. Those with a solid community or established partners can also have the same desired effect {we will revisit this later in the article.
Whilst each of these factors has an equal importance, they are in order for a reason (there is a method to my madness); we started with the most subjective section and worked our way to the most objective section.
Being a mathematician by trade, this is the section that I personally most enjoy researching and seeing if a project is worth investing in purely through the numbers.
As with any project within this space, decentralization must also occur by having many different investors and supporters holding the majority of the tokens.
As time has progressed in this space, token metrics to the standard investor have gotten a little interesting to say the least!
With earlier projects there were only 3 main rounds: Seed round, private sale/pre-ICO and then ICO, where the bonus percentage was consistent for each round. Unfortunately this is no longer the case, with many ICOs opting to go for more complex fundraising structures to maximize funds raised and minimize bonuses given out.
There are now at least 4 different stages, and within each stage, there are bonuses depending on the amount to be invested.
This makes it extremely difficult to work out the bonus for each round of fund raising and increases the likelihood of a ‘Pump and Dump’ from early contributors as soon as the token is released to an exchange.
Every now and again comes along a project, which takes the cryptoverse by storm. Main reasons are down to wide spread exposure of the project by different influencers; the project solves an actual problem and people believe that it will take them “to the moon”.
It is true that hyped projects do really well once the tokens hit the exchange and give many of the early investorsa good return, the same cannot always be said for those who invested during the crowd sale, or bought as soon the token was released onto an exchange.
Therefore, Hype is always good if you got in early, as with the bonus you will most likely make a handsome return. In addition to this, many of the influencers are like shepherds; moving the masses to believe that a specific project will shake up the space and they would be crazy not to miss out, causing the token to be over valued as soon as it’s released on the exchange as their followers have increased levels of FOMO (fear of missing out).
Summary
I hope this article has given you a better understanding of just how much time and effort is needed to analyze the true potential of an ICO, and that when you are investing your hard earned money, you need to be more careful and not go in gung ho because the people/influencers you follow on YouTube and around social media have said it’s an amazing project or given it a very high rating.
The solution is to come up with your own rating structure; it could be a percentage, a total out of 10, or just a list of pros and cons of each project. DYOR (do your own research) and invest at your own peril!
Money is there to made, but just for those who work hard and do the correct due diligence (or sometimes just damn lucky!).
BETFORM A GOOD ICO
Betform is a new generation of online-casino betting platform powered by the blockchain technology. Betform is designed to support a peer to peer gaming. Using the platform, the need for middlemen is naturally gone.
Betform uses blockchain technology to create a gaming network that houses traditional functions such as paying out winning and offering quarterly rewards.
Betform strive to enable large user access to a wide range of blockchain games thereby enabling ease of access and maximum security standard . This was able to be accomplished by connecting blockchains , leveraging on the smart contract and payment channels which enabled maximum security and cost reduction.
Betform is a social betting platform powered by Smart Contracts. It is a peer to peer gaming platform which involve no middleman. It connect blockchain technology to the real world by providing decentralized gaming network. All of key operations such as winning paid out, and quarterly rewards are all regulated by Smart Contracts.
The Mission
Betform mission is to establish ourselves as a top decentralized social betting platform that offer players wide range of multiplayers blockchain games at a maximum degree of convenience, while adhering to the highest security standards in the ecosystem. They are able to do this by connecting blockchains, leveraging on the smart contracts, and payment channels, which works in a completely secure, instantaneous and low-cost manner.
For more information, please visit:
Website: https://www.betformcoin.io
Whitepaper: https://www.betformcoin.io/Betform-White%20paper%202018_03.pdf
Twitter : https://twitter.com/Betform2
Facebook :https://www.facebook.com/betform.io/
Gitub: https://github.com/GameDevICO
Bitcointalk :https://bitcointalk.org/index.php?topic=5032072
Medium : https://medium.com/betform
Telegram: https://t.me/BetformOfficial
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1749232