BX.BET - THE DECENTRALIZED BETTING EXCHANGE

The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is BX.BET

You may be contemplating on the crypto coin that will be best for your investment. You might have even found yourself investing in one of these Cryptos but you did not gain your profit as you expected because, some developers, after hitting their target and making a huge sum of money, dropped the project, and left investors in the middle of no where. All hopes are not gone. Lets start a new page in you new or next journey to investment for profitable earnings. I will be introducing you to BX.BET a blockchain-based betting and prediction market ecosystem, designed to change the way the world is betting. The platform has a vision to create a new betting experience, where each user can take over the role of betting, create their own market, place and offer bets with self-determined opportunities, and even participate in determining market results.

BX.BET is a blockchain-based betting and predictive market ecosystem, designed to change the way the world is betting. BX has a vision to create a new betting experience, where each user can take over the role of betting, create their own market, place and offer bets with self-determined opportunities, and even participate in determining market results.

BX.BET will be a decentralized betting market without intermediaries and our aim is to disrupt and redefine the traditional betting industry by offering its users unique and enhanced experiences. BX is the solution to all the problems and weaknesses of the current betting market, by introducing a strong and distributed ecosystem that runs on smart contracts that execute on their own, significantly reducing transaction and operational costs.

SOLUTION PROVIDED

Our decentralized, blockchain based approach eliminates non-distributed processes and allows players to benefit from full transparency and total control over their betting experience. We remove the middleman and hand control back to the user.
BX neutralises all problems and weaknesses from the current betting market, by introducing a powerful and distributed ecosystem running on self-executing smart contracts, which significantly cuts transaction and operational costs.

BX Application

BX App is designed both for Android and iOS. Though the functionality of the mobile application will be restricted to essential features at the initial stage, its scope will be extended in the future.

The BX Ecosystem

BETTING EXCHANGE- The BX betting exchange forms the central hub for its users to accept or offer bets on the outcomes of the markets.

MARKET OWNER- Becoming a bookmaker has never been so easy. In the BX ecosystem, every user can become a Market Owner and receive a share of the market they have created.

BET MARKET SMART CONTRACT- All BX betting transactions as well as payouts will run safely, autonomously and transparently on the blockchain by using Smart Contract Technology.

BETTING MARKETS-BX will offer two types of betting markets within the ecosystem: private and public markets.

FEE STRUCTURE- BX will establish a fair and transparent fee structure, which is solely designed to keep the ecosystem running. The overall fee will be significantly lower than industry standards.

ORACLE- BX will produce the BX outcome voting system, as a decentralized Oracle to determine the outcomes of the bets securely and reliably.

THE UNIQUENESS OF BX.BET

BETTING EXCHANGE FUNCTIONALITY ON THE BLOCKCHAIN
BX will bring the full functionality of a betting exchange to the blockchain and revolutionize the way betting will take place in the future.

BECOME THE MARKET OWNER
With our Market Owner concept, BX eliminates the problem of illiquid betting markets by giving a robust incentive model for the Market Owner to ensure liquidity in every market at every time.

PEER-TO-PEER
On BX all users bet against each other without having to interact with a central authority or bookmaker. The BX ecosystem is transparent, democratized and all winnings stay within the community.

DECENTRALIZED
The whole betting process is given back into the hand of the users with BX. All betting transactions run on the blockchain, and are completely autonomous, secure and transparent, and the players remain in full control of their betting actions and funds at all time.

FAIR
Without a centralized authority, on BX everyone can offer (SELL) and accept (BUY) bets. The odds solely result from the demand and supply and therefore represent the probability of a specific outcome, based on the aggregated opinions of the players

NO LIMITATIONS
BX provides its users the unlimited freedom of creating their own betting markets, acting as a Market Owner, accepting bets or offering their own odds at any time. There are no restrictions on the types and amount of bets, as the community decides whether a bet or a market gets approved.

LOW FEES
BX creates a fee structure that is fair and transparent. Furthermore, our fee is significantly lower than the industry standard and is solely designed to keep the ecosystem running.

SOCIAL BETTING
BX offers the possibility to create private betting markets for closed groups. This gives users a level of freedom that they have never experienced before. To further enhance the social betting experience, users have the possibility to leave thoughts and comments in each market.

BX-Token and ICO Details

The BX token is designed to enable the full functionality of BX, which makes it an integral part of the ecosystem. It is tradeable and can be divided into smaller fractions, thus fully serving the complex requirement profile of the BX ecosystem.

The BX token will be the enabler for all BX betting applications. It will be utilized to conduct all transactions inside the BX ecosystem. The token is based on the ERC20 Ethereum token standard, which has become a widely accepted and highly secured token implementation standard.

Token: BX
Price 1 BX = 0.19 USD
Bonus: Available
Total supply of tokens: 200,000,000
Platform: Ethereum
Accepting: ETH, BTC, Fiat
Minimum investment: 100 USD
Soft cap: 5,000,000 USD
Hard cap: 20,000,000 USD
Country: Malta
Whitelist/KYC: KYC & Whitelist
Restricted areas: Algeria, Bangladesh, Bolivia, Democratic people’s republic of Korea, Ecuador, Ethiopia, Indonesia, Iran, Iraq, Jordan, Kyrgyzstan, Morocco, Nepal, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, USA, Vanuatu, Yemem.