BX.BET, the revolutionizing betting exchange

in crypto •  6 years ago  (edited)

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Today, the segment of gambling and betting on various sporting events is developing really fast - but the existing system can not guarantee customers full security and the ability to dispose of their funds. We have to deal with unscrupulous bookmakers and other intermediaries who do everything they can to get hold of their clients' funds. The decentralized platform BX.BET will be a revolutionary solution, eliminating all the existing problems of this segment. Customers of this project will be able to make bets as efficiently and safely as possible using their crypto-currency assets.

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Getting started on BX.BET

The company intends to use ITO to raise funds that will be used to develop market forecasts and rate estimates. This is an ecosystem that was developed in order to change the existing betting system for various sporting events.

BX has a vision of how to build a platform correctly, which will provide its users with a completely new betting experience. Thanks to the unique ecosystem of BX.BET, users can feel themselves as bookmakers, creating bets on certain events. The absence of direct intermediaries is an excellent opportunity to avoid fraud, time and money costs.

This means that platform users will not only be able to create their own unique markets, but they will also be able to offer and bet based on their own coefficients. In addition, users can also participate in the definition of markets.

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The BX_BET project team does everything possible to create a unique platform that allows solving all existing problems and providing its customers with unique opportunities for betting and gambling. In turn, platform users will gain an additional advantage, providing full transparency, as well as full control over the game processes.

Traditionally, bookmakers are faced with a wide range of problems, for example, lack of transparency, high operating costs, lack of trust, and very strict rules that must be respected.

Problems of the betting industry

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The result of this is that the difference factor is usually very high and in most cases will favor the bookmaker. This is due to the fact that all bookmakers use structures that are centralized. Such problems, if not controlled, can be very unpleasant for gamers, since a typical player cannot determine how fair the process is. It is worth more detail to consider existing problems:

Low transparency and honesty of existing services - players very rarely trust bookmakers, constantly encountering various fraudulent schemes.

Existing restrictions and huge costs for intermediaries- Some companies deliberately restrict their customers to constantly receive payment for services.

The absence of coefficients- which will be really beneficial for the players.

Many existing services restrict players by setting certain limits on rates - the BX.BET project will allow you to place bets that fully meet your requirements.

The BX.BET solution seeks to neutralize these problems, as well as the shortcomings that the gaming industry is currently pursuing, by introducing the BX ecosystem into it. The ecosystem will allow all players to enjoy complete freedom, to use their experience and knowledge for earning at the rates.

BX_BET is powerful and correctly distributed, which makes it one of the best forecasting systems and rates currently using intelligent contracts. All transactions performed on the platform, as well as payments to be made, will be performed in a safe and autonomous manner.

This will happen through the Ethereum flowchart. Developers of BX.BET want to use intelligent contracts to ensure the security of all transactions. Thus, BX.BET will provide its users with complete control over all their business, as well as the means stored in their digital wallets.

ICO information

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Contacts

Website: https://bx.bet/en/
WhitePaper: https://bx.bet/static/files/whitepaper.pdf
Telegram: https://t.me/bxbet
Twitter: https://twitter.com/ BXBETICO
Facebook: https://www.facebook.com/BXBET/
Ann: https://bitcointalk.org/index.php?topic=4641799.0

Author: cham12 (bitcointalk username)
Profile: https://bitcointalk.org/index.php?action=profile;u=1574947
ETH address- 0xb59941D1388adfb4EC145A4D2EE080b0c3758fCa

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great article

thanks for this valuble article

Posted using Partiko Android

The usage of the bespoke BX token as the key component to enable all betting transactions on BX, together with a strongly community-driven ecosystem, creates a unique and unprecedented betting experience with a strong focus on transparency, fairness and decentralization - without any limitations and restrictions. Am i correct?