BETFORM - Connects blockchain technology to the real world by providing decentralized gaming network

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What is BETFORM?

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.
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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.

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.

The betting industry has blossomed regardless of its legality. Illegal sports betting is a multi-billion-dollar industry (some estimates are as high as $150 billion); anyone who wants to place a bet can do so easily online or through local office pools and offshore books. Now, after the Supreme Court decision, states will be more inclined to consider or pass legislation to legalize sports betting, thus allowing people to continue betting but in a regulated and fairer environment. It will also prevent them from dealing with questionable bookies. Moreover, addicts will have fewer stigmas, which may make it easier for them to seek help.

Legalizing sports betting will create huge state tax revenues. More importantly, it has the potential to create jobs (estimated between 125,000-152,000 jobs) for the American people. Researchers estimate that legalized, regulated sports betting could actually bring in a total of $6 billion in annual revenue for states by 2023. Moreover, it has potential to bring huge money into the United States and keep it there. Currently, most of the betting takes place online. It is more than likely that legalizing sports betting in America will trigger American telecommunications and tech companies to take over the international market.
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WHY BETFORM?

In traditional betting, the House always wins. There is almost no transparency and trust, low returns, and no social participation. In Betform, you can bet with friends and other players instead of bookie. No matter who wins, the money is left in your group.

OUR PRODUCTS AND SERVICES

In Betform, players will not use Fiat money (such as EUR or USD) to enter bets. They will use the Betform Coins instead. As Smart Contracts do not support Fiat currencies, creating our own token is necessary to ensure a truly secure and transparent social betting platform.This is why we developing Betform - a decentralised social betting platform that be built on the Ethereum blockchain. All of the key operations will be regulated by smart contracts, giving users a fully transparent experience.

Provably fair gaming

Betform uses a transparent way of generating the outcomes of its games. Our PRNG is tested and certified by a reputable test lab. Players can anytime access and verify all the card games history.

Fun and social

Unlike other online casinos, you are able to join your friends, invite your friends or even joining a table to make new friends when you play in our platform.

Transparency and security

Betform employs the state of the art technology to provide its users highly secure and efficient environment to play their favorite games. The operations are powered by smart contracts. Smart contracts would immediately pay out the winnings after each round of game ended.

Regulated

Our platform operation is regulated by licensing jurisdiction.

ERC 20 token compliant wallet app

After the ITS, we will develop the Betform wallet which would allow players to easily obtain the Betform Coin, the App will be interlinked with third-party exchanges via their APIs

Unlimited winnings and winners welcome policy

Successful bettors are often limited or banned by traditional and online casinos. Our business model is built on volumes rather than margins, which means we will always welcome winner

Quarterly jackpot

At the end of every quarter, our smart contracts will allocate 35% of the quarter's earnings as bonus for Texas Tournament and Big 2 Top leaders respectively

Token burning

At the end of every quarter, our smart contracts will automatically burn 5% of the commission charged. This will result in a decrease of the token supply, driving up the value of the Betform Coin.

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. We 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.
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OPPORTUNITY

EXPANDING ASIA PACIFIC MARKET

Geography, Europe, Middle East and Africa are dominating approximately 60% of the online gambling market. However, the market in Asia Pacific is anticipated to expand at a CAGR of around 14% during the forecast period. Relaxation of laws, growth in the number of Internet users, and availability of gambling & betting sites with attractive offers are key drivers of the online gambling & betting market in Asia Pacifi

EXPANDING REVENUE FROM ONLINE POKER AND CASINO

Revenue from Online poker and casino gambling increase from $3.4 billion in 2016 to $4.4 billion in 2017, according to a Research report. The gambling industry is expected to reach up to $91 billion and it has no intention of slowing down. Especially since the online gambling market boom on smartphones has gained worldwide traction

With more players spending more times on a game, money follows In Betform, we offer games cater for the needs from skilful players to average players. Our token holders have the right to open a new room and invite their friends to participate in a new game with no cost. Thus, there would be more new players joining our game and the Betform revenue will grow accordingly. Business model built on volumes Our business model is built on volumes rather than margins. We would be able to earn more commission when more players are participating in our games.

ICO DETAILS

TOKEN SYMBOL : BFC

TOKEN PRICE : 1 BFC = USD 0.10

TOTAL SUPPLY : 240,000,000

HARD CAP : USD 9,600,000

PRESALE : 1st October 2018 OPEN SALE : 8th January 2019

ACCEPTED CURRENCIES : ETH
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TEAM

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For more information visit

Website https://www.betformcoin.io/

Whitepaper https://www.betformcoin.io/Betform-White%20paper%202018_03.pdf

Twitter https://twitter.com/Betform2

Facebook http://bit.ly/2OZuwbD

My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=2093849

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