MEVU - P2P Betting Platform
MEVU is a companion game application that will provide competition for individual games or pool games by creating special social betting or betting, such as testing the performances of players and estimating the results of popular sporting events. Mevu's vision is this; sports betting and other high-demand sectors to represent the incredible possibilities of blockchain technology. The development of Blockchain technology and digital money payment solutions is a promising development for traditional betting sites.
Mevu's open-source smart contract creates a safe for players to play a safe bet for life. All funds are held under a contract on the Etherum BlockChcain. It cleans up the payments on the Etherum and reduces the waiting time in sportsbooks by five times.
Ethereum has traditional back-end components for any web service running on the virtual machine layer. The presenter holds application data to speed up front-end operations and the minimum user information required to enable the user to behave like multiple people.
The top layer is the user interface where players can browse events and place bets. A centralized result validation system is very important for the MEVI platform because it protects players against manipulation, fraud, subjective reporting and criminal acts.
Any match-end resulting in a dispute is automatically verified by an expert. The experts are those who hold the MVU coupons that the individuals initially get in ITO and report the results of the game against the ether. Payments will be given to winners based on player reports and Expert verification. Incorrect reporting results will result in the competing MVU coupons being lost to the Reconciliation Expert by removing the risk of false reporting.
For experts, the reporting period is 8-16 hours from the completion of the planned event. This period is sufficient to resolve the dispute that is experienced in a small number of people.
The Mevu team will maintain ownership of some smart contracts to control certain vital aspects of the implementation. The rest of the smart contracts will be owned by an unvisualized central contract. Mevu owners will help you determine the winner of your sports betting by reporting the correct score. Betsmen have some coupons to attempt to reach a consensus on the balance and conclusion of an event; there are two different ways to do this.
Service fees and coupon codes can be compensated. ETH encourages head-to-head matches and experts to be on the same side. Those who voted against reconciliation
will be handed over to experts who reach a compromise proportionate to their share. This will prevent fraudulent reporting of sports results. ETH awards are proportional to the percentage of coupons used to sign up.
Open Beta for the 2018 FIFA World Cup is on its way.
Much of the world-wide gambling has been carried out internally from brick-and-mortar gambling, and in recent years, widespread application of block vehicles has occurred, including the growth of applications related to block contracts or changes between smart contracts and spouses. The next logical step for the $ 40 billion gambling industry will be evolution.
The gambling industry uses blockchain technology with a platform that trusts transparency, controllability, and a decentralized system rather than a central authority. It is a viable alternative to the gambling industry.
MEVI aims to be the most respected global platform for players to make betting on anytime, anytime. The MEV will initially focus on social and head-to-head bets, but will then expand with multiple bets where more than one player can take a complementary position against a single match.
MEVI is a platform that provides a solution against losing collective interaction between peers. Placing the control back on players' hands through decentralized platforms, and promoting global competition as well as valuing players.
US Citizens participating in ICO should be Accredited Investors. Investors need to fill in the appropriate forms and submit the necessary documentation to check compliance. After approval, the players are added to a special list and the contribution wallets are delivered.
Please bear in mind that MEU is not an investment and will not be accepted as such. This is a breakthrough technology and encryption indication in a distribution market by users of the community.
Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=1958827