BITGOAL - A Decentralized Sports Betting Platform

in bitgoal •  6 years ago 

bitgoal logo 3.jpg

THE OVERVIEW OF BITGOAL PLATFORM:

Introduction:
Today, I introduce you to BITGOAL Project. BITGOAL is a revolutionary decentralized ecosystem that has come to make sporting activities a memory worth coming for. This is owing to the great ideologies they've adopted to transform the gambling, fantasy, and sporting activities with fair and open rewards to all the fans. Again, this is a project that brings the sports protocol to Blockchain Technology. And as we all know, any project that runs on the blockchain technology has to do with the signing of smart contracts. Also, I believe it's not new to us that smart contracts give zero tolerance to fraud, mistrust, insecurity, unfairness. To that effect, BITGOAL has brought the sporting protocol to the Blockchain in order to put an end to below-stated deficiencies and to bring about bonuses to those who value sports activities.
BITGOAL, a sports token ecosystem built on Blockchain Technology that is run by Smart Contract have come to solve all these problems in traditional betting companies. Most of the traditional platforms contracted third parties to handle their deposit and withdrawal processes which normally resulted in delays or sometimes un-reflected deposit and the system doesn't guarantee the safety of the money. Withdrawal and betting limit is been placed on the player's account and all these processes and third-party involvement incurs more cost for the player. Service provider verification is another challenge most players are facing, as the industry is growing more and more service providers are springing up and players don't have any means to verify the authenticity or legality of those service providers.

ADVANTAGES OF BITGOAL PLATFORM:

  1. Security
  2. Participation and jackpot payout anonymity
  3. 0% probability of influencing the results
  4. No centralized determination of the coefficient
  5. Project scalability due to the broad target audience
  6. Simple registration
  7. Transparency of all money operations
  8. Quick payout
  9. No hidden withdrawal fees
  10. Limitless reward amount.

HOW DOES STP PLATFORM WORKS:
The aims of STP, to become the sports and gaming sites official currency creating united sports community. Betting? Fantasy Football? Merchandise? Tickets? All of that standard and more is going to be under one single protocol – STP. So join the wagon while you can, and do it now – STP’s token sale had already begun, and you can now get your STP tokens for a limited time discount. The price increase every few days, so be sure to get yours TODAY!
STP is the digital currency (Or cryptocurrency) used in BitGoals, you have to get STP to do so. STP is based on Bitcoin. When the value of BTC increases, so will your STP value – And if you’re reading this, you probably know how much and how often the BTC value will still go up (Spoiler: it’s going to be big). When you are buying STP, you’re getting a Bitcoin-based guarantee! BitGoal serves as the platform, while STP is the payment method. (i.e of BitGoals was a country. then STP would be its legal tender). Each transaction in Bitgoal platform is basically used via STP tokens.

CHALLENGES OF OTHER BETTING INDUSTRY:
a) Players face issues when they want to make deposits to gaming accounts. It is so bad that some of such deposits take days to reflect and some never reflect
b) Players also suffer when they try to claim or withdraw their winnings from the sports betting/gaming platforms as most times there are certain limits placed on players withdrawals.
c) Most sports fans refuse to involve in such casual sporting activities because they do not totally trust the system.
We have a lot of unlicensed sports betting platforms which lure innocent players who cannot differentiate between legal and illegal betting operators to bet with them. Player’s points and payouts can easily be manipulated because of the centralized process which gaming platforms make use of. In providing solution to the above-stated challenges, Bitgoals has decided to create a decentralized sports betting and gaming industry.

BITGOAL SOLUTION TO THE BETTING INDUSTRIES:
It is well-known fact that the use of Blockchain Technology provides anonymity, creates transparency, speed as well as security that is why Bitgoal intends to use Blockchain through the use of smart contracts to create lasting solutions to the challenges faced by traditional gaming and betting platforms. Also, Bitgoals will also eliminate the issues of hanging deposits and withdrawal limits by providing another means of payment which is cryptocurrency using Bitgoals token as the core means of payment. Sports players can now easily process payments without any delays.
Thus, Sports fans can confidently use the Bitgoals platform for their online gaming service because they are licensed operators with a team experienced in online sports betting. Hidden charges, points, and payout manipulations will cease to exist because, through the use of smart contracts, transactions will be transparent and can be audited by anyone.

TOKEN INFORMATION:
Token Information.png
STP platform is based on a unique value system: The system is divided into phases: The first one is the token sale which started on June 14th. The first phase started with each STP token worth the equivalent of a 0.5 USD in BTC (0.00008 BTC), When the World Cup preliminaries end, BitGoals will enter it’s second phase, resulting in a 20% increase in price. At the quarter finals, 20% rise will occur, with the same happening at the semifinals – Until finally reaching the finals with each STP token’s worth that resides in a 100% increase when compared to the first phase.

ROAD-MAP:
Bitgoal ROADMAP.png

TEAM:
bitgoal team 1.jpg

PARTNERS:
bitgoal partners.jpg

CONCLUSION:
In conclusion, BITGOAL project is one in millions of projects alike, they are very real to change the betting sector. The long-term complaints on betting platforms have come to an end. But don't forget we have to support the project at all cost so as to make it a success. Thanks once again for believing in my ICO updates all the time.

For more information kindly make use of any of the links below:

Website: https://bitgoals.com
Whitepaper: https://bitgoals.com/wp-content/uploads/2018/06/Bitgoals_WP_3.pdf
BTT Ann; https://bitcointalk.org/index.php?topic=4428882
Twitter: https://twitter.com/BitGoals
Facebook: https://www.facebook.com/BitGoalsSTP
Telegram: https://t.me/BitGoals

Author’s Details:
My Bitcointalk Username: Dtotti78
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2343031

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@dtotti2, I gave you a vote!
If you follow me, I will also follow you in return!

Good article ! subscribed to you and I hope for a mutual subscription