Bettium – Integrate Bancor Protocol

THE PROJECT
Bettium is a global decentralized platform enabling users to bet on sporting events against each other, each using big data and established experts to improve forecasts and strategy. Traditional sites pit the bettor against a classical bookmaker, an entity disinterested in the player’s success. Bettium provides direct access to AI, Big Data and powerful analytical tools to help the bettor make smart conclusions and smart bets against peers.

The Bettium gaming space is professional, transparent, and fair to all users, both professional and amateur.

THE SOLUTION
A fully decentralized platform, Bettium resolves all the challenges that have plagued traditional betting systems. The platform provides a transparent and safe betting system, completely protected from manipulation by players, third parties, and the bookmaker himself. P2P betting is by its nature fair and self-regulating: with odds and terms determined by users themselves, there can be no manipulation to cover fees or boost margins. Built-in AI and Big Data capabilities will allow players to develop their own forecasting strategies and combine them with algorithmic capabilities available on the platform. Bettium will also provide access to the statistics and forecasts of successful players, experts and analysts.

Betting and settlement operations take place exclusively through BETT Tokens, which can be bought and sold on an internal exchange. Tokens thus will continue to have intrinsic value long aſter speculators have leſt the market.

Decentralization ensures that the system will be available worldwide, practically immune to shutdown, and free from third-party interference. Under a system of oracles and smart contracts, winnings will be paid instantly and automatically, without the involvement of bookmakers, operators, or any bank/platform that might impede the process.

All users will have access to professional analytical tools and a comprehensive database on players, teams, matches, and events compiled by our Big Data engine. Assistance from AI and expert forecasts will be available to players that want to improve their strategies.

BETTIUM TOKEN DISTRIBUTION
7.5% Private Sale

7.5% PreSale

40% TokenSale

5% Bonus

15% Reserve

20% Founders & Team

0.5% Bounty

3% Advisors

FUND DISTRIBUTION
40% Platform Development

17% Tournaments

15% Marketing

13% Legal Support

5% Research

10% Operational Costs

About Bancor
The Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.

Bettium is a decentralized global analytical platform for P2P betting that is set to capture a sizable portion of the growing sports and E-sports betting market estimated at $500 bln. Today the Bettium team is happy to announce the planned integration of the Bancor Protocol to provide continuous liquidity for their upcoming platform’s users. Bettium is planning to raise $30M during their token sale scheduled for May — June 2018.

By integrating the Bancor Protocol, Bettium ensures that BETT token holders will gain access to continuous liquidity regardless of projected trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor wallet or any Web3 wallet such as MetaMask. Currently integrated tokens on Bancor include ETH, BNT, GNO, BNB and a long list of announced projects soon to be activated on the Bancor Network.

Bettium will activate a Relay Token with 1% of its circulating token supply within two weeks following the successful completion of their token sale. Users will be able to purchase and sell BETT tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.

“We have decided to adopt the Bancor protocol because it is a great solution to the liquidity challenge that our BETT token could potentially face. Our betting platform will serve thousands of bettors on a daily basis and it goes without saying that they’ll need a fast and convenient way to convert BETT into various tokens, which Bancor provides,” says Nathan Hunt, CEO of Bettium.”