What Is Bettium?
Bettium is a decentralized sports betting platform, currently in development, that will be powered by the Ethereum blockchain once it goes live. The platform is currently holding a token sale for its ERC20-based BETT Token.
Who Is Behind Bettium?
Bettium was founded in September 2017 and is currently headquartered in Estonia. Executives include Russia-based CEO Nathan Hunt, Paris, France-based Business Development Manager Ben Marrel, and New York City-based Chief Legal Officer Brian Bellerose. These individuals each have years of experience in managing or advising businesses, with Hunt and Bellerose specifically being experts in international business dealings with the Russian Federation. Marrel, meanwhile, is a founding partner of European venture capital firm Breega.
How Bettium Smart Betting Analytical Blockchain Works
Bettium, according to details shared by the company, will be an international, decentralized peer-to-peer sports betting platform that will have many advantages over traditional online betting systems. These advantages include considerably lower usage fees, transparency in terms, odds, and fee structures, and high levels of security through the use of smart contracts.
Additional benefits to the platform include analytical tools that will be made available to bettors. These tools will incorporate Big Data and AI in order to provide expert sports betting forecasts as well as algorithmic betting for bettors to execute complex betting strategies automatically based on a number of variables.
Bettium will be cross-platform, allowing access over the web as well as iOS or Android devices. The platform will be monetized not just through betting fees but also through fees charged to fund managers, collecting fees for access to paid subscriptions and services like AI assistance and automated betting functionality, and forecasting fees.
Monthly subscriptions are expected to cost an average of $25 a month or less, payable in an equivalent amount of BETT tokens.
• As BETTIUM platform is being designed on the ETH block, it uses the ERC: 20 based on its BETT Project utility token, which in revolve will be applied as the BETTIUM platform s currency.
• The BETT token sale will have a full of 100,000,000 BETT tokens available. The first price each token is the equal of 0.50 USD each1 BETT; additionally, one ETH will net 800 BETT tokens.
• BETTIUM platform will be accepting funds in either ETH or BTC. The BETT token sale has a soft-cap of 20k ETH and a hard-cap of 75k ETH. The time for the starting of the BETT token sale has so far to be publicized but is possible to be on or earlier than June 2018.
Bettium BETT Token ICO Details
As Bettium is being built on the Ethereum blockchain, it uses the ERC-20 standard for its BETT utility token, which in turn will be used as the platform’s currency. Bettium BETT Token ICO Details
As Bettium is being built on the Ethereum blockchain, it uses the ERC-20 standard for its BETT utility token, which in turn will be used as the platform’s currency.
The Bettium token sale will have a total of 100,000,000 BETT available. Initial price per token is the equivalent of $0.50 per 1 BETT; additionally, 1 ETH will net 800 BETT.
Bettium certainly seems to be a new project that has some serious potential behind it, at least as a viable alternative to traditional online sports betting platforms as they exist today. Blockchain technology is certainly ideal for gambling, gaming, and sports betting thanks to its high levels of transparency and security, and with the addition of well-programmed smart contracts the level of automation of such a platform certainly takes the human element out of the equation. When it comes to gambling, the fewer humans involved, the better — removing the temptation for platform admins to skew the numbers in their favor makes the entire system more fair and equitable.
At the same time, there’s plenty at stake here, and the value of any investment in Bettium relies on whether the platform becomes not only viable but successful and popular. Bettium says that its BETT token is not meant to be used speculatively so much as a utility token, so investors looking for speculative gains may be disappointed. However, if you’re an avid
sports gambler, or if you’re looking for more modest returns in exchange for a bit more potential stability, then Bettium might still hold enough interest for you to pursue. The low price of BETT tokens are another advantage in this case.
• BETTIUM platform’s feature is to provide a decentralized system for P2P bets among individual users.
• BETTIUM platform provides the consumer with detailed info about sporting and E-Sport gambling events throughout the globe. Users will have entrance to a record relating to every event of interest, compiled using Big Data methods.
• BETTIUM platform will offer an App Programming Interface allowing programmers to create extensions/apps and write code based on the features of the platform.
• BETTIUM platform provides entrée to the forecasts and statistics of skilled experts, through subscription.
BETTIUM platform surely seems to be a novel project that has a few serious powers behind it, at least as a feasible alternative to usual online sports gambling platforms as they stay alive today. Block tech is surely ideal for gaming, gambling, and sports gambling thanks to its extreme levels of security and transparency, and with the count of well-programmed intelligent agreements, the level of mechanization of such a project surely takes the human part out of the equation. When it arrives at betting, the fewer humans involved, the superior — removing the lure for platform adman’s to skew the figures in their favor creates the whole system more equitable and fair.
At the similar time, there is plenty at wager here, and the worth of every investment in BETTIUM platform relies on whether the project becomes not just viable but successful and accepted. BETTIUM platform says that its token is not really meant to be applied theoretically as much as a utility token, so financiers looking for tentative gains might be disappointed. However, if you are an avid sports bettor, or if you are looking for more humble returns in replace for a little more latent stability, then BETTIUM platform might remain hold sufficient interest for you to c
BETTIUM platform, according to aspects shared by the foundation, will be a worldwide, decentralized P2P (peer-to-peer) sports gambling platform that will have a lot of benefits over usual online gambling or betting systems. These benefits include significantly lower usage charges, clearness in terms, odds, and payment structures, and extreme levels of security via the use of smart agreements.
Further benefits to the BETTIUM platform include analytical instruments that will be designed available to wagers. These tools will slot in AI and Big Data in order to provide specialist sports gambling forecasts as-well-as algorithmic gambling for gamblers to execute intricate gambling plantings automatically based on a range of variables.
BETTIUM platform will be cross-platform, allowing entrance to the web as-well-as Android or iOS devices. The BETTIUM platform will be monetized not only through gambling charges but also through charges charged to fund supervisors, getting fees for each to paid services and subscriptions like AI support and automated gambling functionality, and forecasting charges.
Monthly based subscriptions are estimated to cost an AVG of 25 USD a month or less, allocated in an equal amount of BETTIUM platform BETT tokens.
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