Betform: Smart contract powered social betting platform

in cryptocurrency •  6 years ago 

What is Betform?

Betform is a decentralized social betting platform that brings funs, privacy, and safety for funds to players. Our key operations are regulated by smart contracts.

INTRODUCTION

Betform is a revolutionary social gaming device powered by means of smart Contracts. the individuality of the platform is that it really works proper with all the gamblers without a middleman. We be part of the blockchain technologies to the actual world with the aid of supplying decentralized gaming gadget. All important operations like prevailing out, and annual rewards are ruled by clever Contracts. We’ve were given a set comprising leading recreation builders together with illustrators, progressive conceptual artists, 3-d artists, picture designers, image designers, writers, editors, and programmers.

DETAILS ABOUT BETFORM PROJECT

Betform try to permit large person get admission to an extensive range of blockchain games thereby allowing ease of get admission to and maximum protection standard. This became capable of be executed by using connecting blockchains, leveraging on the smart contract and charge channels which enabled maximum security and cost reduction.

Betform is a social making a bet platform powered by means of smart Contracts. it’s far a peer to look gaming platform which involves no intermediary. It connects blockchain era to the real world through supplying decentralized gaming network. All of key operations including prevailing paid out and quarterly rewards are all regulated by using smart Contracts.

About us

Betform mission is to establish ourselves as a top decentralized social betting platform that offers players wide range of multiplayer blockchain games at a maximum degree of convenience while adhering to the highest security standards in the ecosystem. We are able to do this by connecting blockchains, leveraging on the smart contracts, and payment channels, which works in a completely secure, instantaneous and low-cost manner.

Legalized Sports Betting

It is already a thriving industry. The betting industry has blossomed regardless of its legality. Illegal sports betting is a multi-billion-dollar industry (some estimates are as high as $150 billion); anyone who wants to place a bet can do so easily online or through local office pools and offshore books. Now, after the Supreme Court decision, states will be more inclined to consider or pass legislation to legalize sports betting, thus allowing people to continue betting but in a regulated and fairer environment. It will also prevent them from dealing with questionable bookies. Moreover, addicts will have fewer stigmas, which may make it easier for them to seek help.

It`s the economy, stupid. Sports betting is good for the economy. Legalizing sports betting will obviously create huge state tax revenues. More importantly, it has the potential to create jobs (estimated between 125,000-152,000 jobs) for the American people. Researchers estimate that legalized, regulated sports betting could actually bring in a total of $6 billion in annual revenue for states by 2023. Moreover, it has the potential to bring huge money into the United States and keep it there. Currently, most of the betting takes place online. It is more than likely that legalizing sports betting in America will trigger American telecommunications and tech companies to take over the international market.

This is what supports Betform to be present in the midst of society as a social and fair betting platform. Betform is a decentralized social betting platform that brings funs, privacy, and safety for funds to players. Our key operations are regulated by smart contracts.

Betform Features:

  • Provably fair gaming
  • Fun and social
  • Transparency and security
  • Regulated
  • ERC 20 token compliant wallet app
  • Unlimited winnings and winners welcome policy
  • Quarterly jackpot
  • Token burning

Provably fair gaming

Betform uses a transparent way of generating the outcomes of its games. Our PRNG is tested and certified by a reputable test lab. Players can anytime access and verify all the card games history.

Fun and social

Unlike other online casinos, you are able to join your friends, invite your friends or even joining a table to make new friends when you play in our platform.

Transparency and security

Betform employs the state of the art technology to provide its users a highly secure and efficient environment to play their favorite games. The operations are powered by smart contracts. Smart contracts would immediately pay out the winnings after each round of game ended.

Regulated

Our platform operation is regulated by licensing jurisdiction.

ERC 20 token compliant wallet app

After the ITS, we will develop the Betform wallet which would allow players to easily obtain the Betform Coin, the App will be interlinked with third-party exchanges via their APIs.

Unlimited winnings and winners welcome policy

Successful bettors are often limited or banned by traditional and online casinos. Our business model is built on volumes rather than margins, which means we will always welcome winners!

Quarterly jackpot

At the end of every quarter, our smart contracts will allocate 35% of the quarter’s earnings as the bonus for Texas Tournament and Big 2 Top leaders respectively.

Token burning

At the end of every quarter, our smart contracts will automatically burn 5% of the commission charged. This will result in a decrease of the token supply, driving up the value of the Betform Coin.

Mission Betform

Betform task is to set up ourselves as a main decentralized social gaming machine supplying players wide collection of multiplayer blockchain games in the most degree of advantage while adhering to the most safety standards in the ecosystem. we will do this by way of linking blockchains, leveraging on the sensible contracts, and charge stations, which capabilities in an entirely secure, on the spot and within your budget approach.

PRIMARY PURPOSE OF BETFORM

provide an smooth to recognize interface with simple account advent, user friendly profile management and account management.

provide transparency and truthful gaming enjoy to gamers. Betform uses a obvious manner of generating the results of its video games with our tested and licensed RNG machine.

increase user retention through gamification which includes unique events and rewards to keep gamers engaged.

target informal players from emerging markets consisting of the South East Asia and China, Hong Kong and Taiwan.

For those reasons, we create:

Decentralized social betting applications. gamers can without problems create account with us and join an ongoing public sport or maybe create a brand new desk and invite other friends to play together.clever contract because the returned bone for the decentralized packages. Our games are safe, fun, and private.A business model that is based on extent as opposed to the margin. we can constantly welcome winners to sign up for and play our video games.

Token Details:

  • Token Symbol: BFC
  • Token compose: Utility token
  • Stage: Ethereum
  • Standard: ERC20
  • Add up to Supply: 240,000,000 BFC
  • Token available to be purchased: 96,000,000 BF
  • Open Sale Start: January 8, 2019
  • Token Price: 1 BFC = USD 0.10
  • Hard Cap: USD 9,600,000

Team Betform

Betform team is highly qualified specialists in their field, who strive to constantly improve their project, develop mobile applications and make useful changes. Their team includes creative artists, designers, editors, programmers and illustrators.


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