Gambling has been around forever. Everyone has seen depictions of Roman gladiators battling it out in the Colosseum. More recently the internet has allowed anyone from anywhere bet on just about any professional sporting event.
Online gambling has grown into a $500 billion dollar market. Betting in particular amounts for $70 billion of that amount. This is only accounting for the legal gambling markets. The unregulated markets are worth potentially more then regulated markets. Think about how few USA states allow Casinos or sports books.
Today’s online betting services have a several disadvantages:
● They’re not worldwide and allow withdrawals in limited countries only.
● Most of betting services does not accept cryptocurrencies at all.
● They take high commissions.
● Some of betting services automatically take taxes on personal income.
● Makes profit for beneficiaries only.
● Slow bets processing. Any solution powered just by Ethereum blockchain simply can’t provide the speed required for professional betting/trading on sports.
● Crypto-currencies volatility.
ABOUT BETRIUM
Betrium is the platform developed by an intellectual group of entrepreneurs belonging to MIT and MIPT. It is the first partly-decentralized global betting service, including betting exchange and Sportsbook, with zero commission, acceptance of cryptocurrencies and offering a platform for developers, event organizers, franchisee and third-party betting service providers who can create and manage their custom events and earn income from betting.
PLATFORMS
Betrium is a Platform that offers the world's first decentralized betting exchange and sportsbook service with a zero commission that accepts crypto currency and offers a platform for event organizers, developers and third-party service providers. The Bettrium platform is also a platform that contributes to the development of a new economy, which in turn has opened up unimaginable opportunities in any traditional economic system. This phenomenon ICO gets world echoes because of its ability to provide access to global investment markets for rapid and secure project fundraising.
The main difference between Betrium and other projects is a business model that really earns money for founders, investors, and customers. So Betrium launches ICO to increase funding and make it the world's most sophisticated Gambling Platform based on powerful blockchain technology.
Moreover, Platform Betrium are the first to offer a powerful betting API for developers, third party apps and betting bots. In future, Betrium may become a worldwide betting processing center providing its core to the huge number of services. So, to make the world’s largest betting service, Betrium is doing an initial coin offering and issuing its tokens on a public blockchain. Betrium is a project, where a real business meets new-generation technologies.
How The Betrium Platform Works.?
● Betrium accept crypto-currencies from all around theworld.
● We can process bets fast on our decentralized platform.
● We stabilize crypto-currencies volatility.
● We offer the lowest commission and the most profitable odds possible.
● We optimize our customers’ taxes and fees.
● We provide platform for event organizers (such as esports streamers, sport leagues etc.), so they create own matches/games on a blockchain and can earn money.
● Finally, Betrium is 20% more profitable for customers than any other service.
How it Works?
The bets over Betrium platform take place off-chain and just added when the event takes place so that the outcome cannot be denied. Nevertheless, the bets are broadcasted all over the network immediately for the odds to be addressed. It implies that unlike other similar platforms, Betrium offers higher-speed betting service developed on a decentralized IT architecture.
In view of the volatility stabilization goals, the professional betting cannot be executed without fixed USD amounts. The company is in the process of preparing for Curacao online gambling license.
VISION
Betrium Vision is in every single event organizer like private Austrian box league should have an opportunity to earn money on bets. Betrium will give that opportunity to all, including individuals such as e-sports streamers. In Betrium bets happen off-chain and only added when the event happens and the outcome is undeniable. That means, in contrast to competitors, we are able to provide high-speed betting service built on decentralized IT architecture. Betrium will provide a powerful Public RESTful API, so developers may create as much betting bots as possible and build own betting services on their own using Betrium's core.
To achieve Betrium's goals, we are launching an Initial Coin Offering to issue Betriums tokens BTRM on the public blockchain. BTRM is an ERC-20 token build on Ethereum. A total of 140M BTRM will be issued only. The tokens will be issued during the pre-ICO and ICO.
Phase 1: Early Pre-ICO (Closed).
Phase 2: Pre-ICO ( Closed).
Phase 3: ICO⏪⏪ ( 5th April - 14 May ). Betrium puts up for sale 14 million tokens (10% of all tokens to be issued).
Phase 4: SCO.
The funds raised during the ICO and pre-ICO will be spent in the following order:
● Capital for Wins Rewards 10%.
● PR And Marketing 40%.
● IT Infrastructure Development and Support 22%.
● Legal Issues Fixing 4%.
● Localization for major languages 1%.
● Operational Spends (office, employees, etc.) 8%.
● Unforeseen Expenses 12%.
● Founders and Developers Bonus 3%.
Tokens Allocation
There will be a total of 140 million BTRM tokens in circulation, allocated in the following ways:
● Up to 77 million sold to the general public during the token launch.
● 28 million kept in the Betrium reserve pool for sale.
● 7 million granted to advisors, sport representatives, esports streamers, kept in a multisigned wallet.
● 28 million granted to Betrium founders, management and employees.
ROADMAP
For More Info Visit:
• Official website: http://betrium.co
• Whitepaper: http://betrium.co/betrium_whitepaper.pdf
• Telegram: https://t.me/betriumChat
• Facebopok: https://www.facebook.com/Betrium
• Twitter: https://twitter.com/betriumBets
Writter
Bitcointalk Username: Kenzio2016
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1999681
ETH Address: 0x152095898a7Aa50a716508f5997790beEdd276Ec