Betform

INTRODUCTION.

I would be lying If I told you a betting ICO is a rare thing, actually there are many out there. And even many post-ico betting projects are available. But still, there is something that makes Betform unique; social aspects of it. This is a peer to peer gaming platform. The description on their site reminded me of Xbox Live. You can invite your friends to a table, you can join them and even making new friends is a possibility on this platform. We are in the age of social networks, so creating a betting platform with social dynamics in mind is a pretty decent idea.

It is already a thriving industry. 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.

It`s the economy, stupid. Sports betting is good for the economy. Legalizing sports betting will obviously 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.

This is what supports Betform to be present in the midst of society as a social and fair betting platform. Betform is a decentralized social betting platform that brings funs, privacy, and safety for funds to players. Our key operations are regulated by smart contracts.

They have an MVP available already: https://www.betformcoin.io/mvp.php Checking out their MVP is a must for everyone interested in the Betform project. I created an account easily, inside the MVP 3 games welcomed me. Daily rewards, leagues, friends, shops were the sections at the interface. You get to choose designs for your avatar, dealer, table and carpet. This is just the version 0.1 and there is room for growth no doubt.

Thanks to smart contracts, the operation of Betform is transparent and secure. They say their platform is regulated by licensing jurisdiction and their PRNG is tested and certified by a reputable test lab. Social and secure are pretty positive things to say about a betting platform and Betform is likely to achieve this.

Betform Features

Provably fair gaming
Fun and social
Transparency and security
Regulated
ERC 20 token compliant wallet app
Unlimited winnings and winners welcome policy
Quarterly jackpot
Token burning

Token symbol:

BFC

Token price:

1 BFC = USD 0.10

Total supply:

240,000,000

Hard cap:

USD 9,600,000

Presale:

October 2018

Open sale:

January 2019