ABOUT BX.BET CONCEPT:
INTRODUCTION:
BX is a global and decentralized prediction market and strike market ecosystem that allows users to place bets on any community-generated market using the BX token. With the power of an intelligent agreement to blockchain Ethereum, BX can remove the broker and give its users complete control over their funds and betting transactions.
BX aims to completely break through and redefine the traditional betting industry by offering its users a unique betting experience.
WHAT MAKES BX DIFFERENT?
BX combines block bets with the most advanced and transparent betting concept: by exchanging bets to give our users
a whole new gaming experience.
a. PEER-TO-PEER BETTING:
Each user can place bets without a middleman. Every betting transaction is user against user, no central bookmaker in place. The BX ecosystem is transparent, fair and highly secure
b. NO RESTRICTIONS:
BX offers its users unlimited opportunities to create their own betting markets, to act as a market owner, to accept bets or to offer their own quotas at any time. There are no restrictions on the types and amounts of bets as the community decides whether to approve the bet or the market.
c. LOW CHARGES:
BX creates a fair and transparent fee structure. In addition, our rate is well below the standard level and is designed to keep the ecosystem running.
d. REPLACE BETWEEN FUNCTIONS:
BX will bring the full functionality of betting to the block chain and will re-evaluate how bets are made in the future.
e. BECOME A MARKET OWNER:
With our concept of market ownership, BX eliminates the problem of illiquid market strikes by providing a model of fixed incentives to guarantee the market liquidity holder in every market at all times. In BX, all users have staked each other without having to communicate with the central authority or the bookmaker. The BX ecosystem is transparent, democratized and all profits remain in the community.
f. DECENTRALIZED:
The entire betting process is returned to users with BX. All transactions are done by blockchain and are completely autonomous, secure and transparent. Players have full control over their shares and funds at all times. Just Without central authority, anyone in BX can bid (SELL) and receive (BUY) bets. Chance comes only from supply and demand and therefore represents the probability of a particular outcome based on a summary of the players' opinions.
g. SOCIAL BETS:
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 enhance the social betting experience, users have the opportunity to share their thoughts and comments on each market.
BX.BET APP:
The BX App concept offers the ecosystem full enjoyment and functionality.
The BX.BET App makes it easy to keep track of all your betting activities and results, from a simple place. For mobile Application players BX will have the entire BX ecosystem in their pocket - anytime, anywhere.
PROBLEMS OF INTERESTING INDUSTRY:
Traditional bookmakers require a high level of trust that is sometimes used by merchants to the detriment of their users. On the other hand, this responsibility also leads to high procedural and financial costs for the betting offices.
LACK OF TRANSPARENCY:
The traditional bookmakers remain hidden without providing any information about a particular probabilities that made it impossible to determine if the odds are fair or too far in favor of the bookmaker.
DELIVERY OF SUPPLIERS AND LIMITATIONS:
In the current sports betting area, players have a very limited chance of betting. Betting agencies can restrict players to their betting habits and even punish players who often win by banning or restricting them.
HIGH PRICES:
High costs are necessary for the safe and efficient operation of the traditional betting provider for both the players and the company. These costs are reflected in the high probability of the margin and are charged directly to the player.
SOLUTIONS:
Our decentralized Blockchain approach eliminates undivided processes and allows players to benefit from complete transparency and full control over their gaming experience. We exclude the intermediary and give the user a back-check.
BX neutralized all the problems and shortcomings of the current betting market by introducing a strong ecosystem, working on a distributed intelligent orderly implementation of contracts, significantly reducing operating and transaction costs.
ROAD-MAP:
TEAM:
ADVISORS:
CONCLUSION:
This article is about projects related to the world of football with blockchain technology of precision and exchange rolled into one .BX.BET is a soccer prediction project through the exchange of Token BX. this makes it easier for users to guess a soccer game score and can also exchange it with a BX token, all have been floating in the ICO BX.BET Project. Feel free to invest in ICO BX.BET and benefits.
For more information on BX.BET kindly visit the following below links:
Website: http://www.bx.bet/
Whitepaper: https://bx.bet/static/files/whitepaper.pdf
Telegram: https://t.me/bxbet
Twitter: https://twitter.com/BXBETico
Facebook: https://www.facebook.com/BXBET/
Media: https://medium.com/bxbet
Youtube: https://www.youtube.com/channel/UCGmpGplemqWL8l2wxOXamOw
ANN: https://bitcointalk.org/index.php?topic=4641799.0
Author’s Details:
My Bitcointalk Username: Dtotti78
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2343031
My Eth Address: 0xB03B27f2f725637249977581F0128Ac5cC6A12f7