Introduction
Betrium is the partly decentralized worldwide betting exchange and sportsbook that has lowest commissions, accepts cryptocurrencies and offers platforms for event organizers, developers and third-party service providers.
Why using blockchain technology is interesting
- Lower cost: Traditional gambling game companies are regulated. Depending on a country, the licensing cost varies from $0.1 to $2m annually, a cost that is reflected to the end-users.
- Allow world-wide market: Most of the company can only accept customers from where they are located
Specific advantages of Betrium
- For the token holders: 50 % of the revenues of the companies go to them
- Volatility stabilization: A big issue with cryptocurrency in gambling application is its volatility value. Betrium is probably the only one that tackles this problem back converting into fiat the deposit of cryptocurrency.
- Event Organizers Platform: Betrium will gives the opportunity to anyone to create competition events and make profits by allowing bet on the results.
- Fast Bets Processing: Betrium decided to make the bets happen off-chain to be faster.
Comparison with similar projects
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