BETTIUM "Bancor Protocol"
Bettium is a decentralized analytical platform for P2P betting powered by AI with Big Data capabilities and a number of unique features previously unavailable in the betting industry. The platform will serve both amateurs and betting professionals in a unified ecosystem based on the blockchain with all its associated advantages: decentralization, reliability, transparency, scalability and unprecedented performance.
The Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.
Bettium is a decentralized global analytical platform for P2P betting that is set to capture a sizable portion of the growing sports and E-sports betting market estimated at $500 bln. Today the Bettium team is happy to announce the planned integration of the Bancor Protocol to provide continuous liquidity for their upcoming platform’s users. Bettium is planning to raise $30M during their token sale scheduled for May — June 2018.
By integrating the Bancor Protocol, Bettium ensures that BETT token holders will gain access to continuous liquidity regardless of projected trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor wallet or any Web3 wallet such as MetaMask. Currently integrated tokens on Bancor include ETH, BNT, GNO, BNB and a long list of announced projects soon to be activated on the Bancor Network.
“We have decided to adopt the Bancor protocol because it is a great solution to the liquidity challenge that our BETT token could potentially face. Our betting platform will serve thousands of bettors on a daily basis and it goes without saying that they’ll need a fast and convenient way to convert BETT into various tokens, which Bancor provides,” says Nathan Hunt, CEO of Bettium.”
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.
About BETTIUM platform:BETTIUM is a Block based decentralized sports gambling platform, presently in development, that’ll be powered by the ETH block when it goes live. The BETTIUM platform is presently holding a token sale for its ERC: 20-based BETT Token.
BETTIUM was founded in Sep 2017 and is presently headquartered in Estonia. Executives include CEO Nathan Hunt from Russia and Development Manager Business Ben Marrel form Paris, France, and Chief Legal Officer Brian Bellerose from New York City. These group all have years of knowledge in advising or managing businesses, with Bellerose and Hunt specifically being professionals in global business dealings with Russia. Ben Marrel, in the meantime, is a founding collaborator of EU venture capital firm Breega.
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.
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.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 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.
For more information please visit link :Website : https://bettium.com/
Whitepaper : https://bettium.com/bettium_whitepaper.pdf
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