The online betting market has witnessed a tremendous growth in recent times with a lot of betting companies and websites springing up on monthly basis.
The growth and Market size of the betting industry
According to statistics, as posted by an authority statistics portal called Statista, between 2009 and 2018, the market size of online betting / gambling witnessed a massive growth from $20.51 Billion to $51.96 Billion. It was also forecasted that by the year 2020, the figure would have risen to $59.79 Billion. The statistics show that the industry has huge potential and a high prospect. The current players in the industry have only succeeded in scratching the surface of the market.
The current major players in online betting / gambling industry and the industry challenges
A little search on the internet revealed that some major players in the industry currently include (but not limited to): Bookmaker, 5Dimes, Bet365, William Hill, Betonline, Ladbrokes, Paddy power, etc.
Despite the huge growth in the online betting industry, these industry major players have failed the meet up with the pace of ever-changing technological innovations which when applied in their platform could aid in solving some current issues or challenges facing the industry which include issue of trust, transparency, interference by bookmakers, limitations by users etc.
These challenges may not be easily solved by these current players in the industry because they are limited by the centralized structure of their platforms. And this is where BX.BET come in to fill this gap and dominate the industry.
BX.BET proffers solution to the online betting industry challenges
BX.BET would be a decentralized peer-to-peer betting, bet exchange and prediction platform which would leverage on the power and innovation of Blockchain technology to solve these current challenges facing the industry.
Introducing BX.BET (Video)
Competitive advantages offers by BX Mobile App (BX APP)
- BX Mobile App enables user/player to bet in sports activities, trade in commodity, buy/sell binary option, carry out market predictions and a whole lot of other activities on BX ecosystem all in one place.
Such unique system does not exist in the current players’ centralized platforms. - BX App is very colorful, smooth, fast and easy to use.
- The app enables user to become a market owner by giving him the opportunity to create his very own betting market and also receives the share of his market.
- With BX App, user / player would have the capacity of creating his own private betting market and then invite his friends and family members to join in the private betting community.
- On BX App platform, one can easily search through the huge betting market created by other BX.BET members and then select a one to bet on.
- With BX App, one can also earn rewards by voting on correct outcomes.
BX TOKEN
BX.BET platform is powered by BX token (BX) which is a utility token and ERC20 compatible.
Token Sales Details
Introducing BX.BET Team (Video)
BX.BET is currently on ICO stage and investors of this project stands a chance of high ROI as there is strong indication and pointers that the project would be a huge success.
For further enquires or how to participate in the ICO, please visit any of the links below:
BX.BET Website: http://www.bx.bet/
Whitepaper: https://bx.bet/static/files/whitepaper.pdf
Telegram: https://t.me/bxbet
You can connect with me on bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2164200
