MEVU- Blockchain based Betting Platform

Betting on different places especially sports is very popular in most countries. This kind of thing is not new and has been running for many years now. The popularity and how its done varies with nation, city, and culture. Even after that, the betting system is spreading like a virus. Many people are getting into it and predicting scores on various kinds of game and betting on it is very common. But sadly with these betting, there's sometimes dispute, illegality, and unfairness is involved and many people are a victim of it. There are some online betting sites that available where many people bet especially in sports but there's illegality, and unfairness, fees, and many other things are involved. After that, there's the sportsbooks and gambling but there also problems that lead to an unsafe or unfair or untrustable situation. there's not so many safe, transparent and legal betting place.

Introduction to MEVU

MEVU is a peer to peer betting platform which allows anyone to bet on anything they want with anyone in the world. It runs on blockchain technology to offer the advantages which current betting platforms don't offer. With the MEVU one can run various kind of bets with anyone they like. For example a bet on a Football match or more like a social and causal bet such as on a certain skill, who can drink faster, knowledge and so on. Whenever the terms are agreed by both sides, the bet is on.

MEVU is here to revolutionize a certain gaming side of the world called betting. Betting is getting popular day by day and spreading all over the world. Also with this betting, many are getting unfair results, less transparency and many other problems. MEVU's one of the main targets behind using the blockchain technology is solving this. Not only MEVU wants to make betting a better community but they also want to help people who are interested in betting join in. They will provide some benefits which will be available on no other platform. Also for the illegality part, they will take the necessary steps for it.

Current Betting Market

Our current gambling and betting, both market is big and growing every day. On on 2013, a report said global online gambling gross amount was around $40 billion. And now in 2018, the value of the gambling market is more than $50 billion.

Along with these, there's also a good amount of profit came for these many companies too.

Betting is bigger than currently see. The popularity of betting is increasing at a rapid speed. Among them, sports betting is the most famous and has a big place with gambling. Many experts believe that per year there's estimate around 1 to 3 trillion of betting happens around the world. Among them more than 90% of betting done is illegal.

Sport Books

Sports Books is a betting place and most time they exist in legal grey areas. Sports Books are not so popular for their reputation as their license and much behavior is very suspicious. First of all, when betting on Sports Book, the first problem one faces the huge entry barrier. One has to enter with at least $300,000 and what's more, there's a ridiculous fee included. Sports Books charges high fees in order to make a profit out of them.

The service of Sports Books is not at all trusted. First, they take around 10 to 15 percentages of profit and then there are many cases where the winners were straight not paid. Many people are a victim of it and most importantly people have to deal with the third party for getting their winnings. Our current Sports Books are not at all trusted.

MEVU Platform and their Solution

MEVU is aiming to create a platform with a safe, transparent, fair and of course a legal platform for betting. After looking at all the odds our current betting system provides, MEVU will provide all these services

Peer to Peer

MEVU offers a Peer to Peer platform to make bet with friends or any people that exist within MEVU ecosystem.

Decentralized

To offer the security the betting needs, MEVU will use the Decentralised technology. Decentralised is known to be the safest of all and it's very safe from any kind of hacking. Also for betting security has a great impact.

Fair Matches

MEVU will ensure that the bets that are done via the platform are very much fair. The bet will commence only after both sides agree. After both sides agree, the betting will commence as they agreed and lead to a fair match.

Charges and Fees

Comparing with other betting platforms such as Sports Books, MEVU will relatively have a very small amount of fee. Where on Sports Books one had to pay around 10 to 15% but MEVU one only pays 2-3%. To ensure better betting, if there are no disputes, there will be a fee of 2% and if there was a dispute, the fee will be 3%.

Paying System

MEVU will use the power of blockchain and the Smart Contract. With the smart contract, MEVU will have the power to pay someone immediately if he wins and also it will be done with no interference and the winning amount will not be touched.

Sports Betting

Sports Betting is so far the most popular betting place. MEVU will support Sports betting Including Football, Hockey, Baseball, Cricket and many more. This will ensure consumers satisfaction.

This was only a part of MEVU services. There will be many other benefits and services provided by MEVU for consumers.

Why Blockchain

Blockchain has some amazing powers which can help if utilized better. MEVU tried to use some of that power in their own system and it works. These are the reasons why MEVU chooses Blockchain.

Decentralized

Blockchain is ultimately decentralized and it's almost as impossible to hack blockchain. This leads to the ultimate security. For a platform like MEVU, Security is an important part.

Smart Contract

Smart Contract is an amazing feature of the blockchain. It allows automated paying and it is alterable. To provide the best experience for betting, paying is so far the most valued part ever.

Transparency

Transparency is demanded by everyone on every type of platform. It is connected to the trust of people. Blockchain exactly provides that transparency.

These are some of the primary reasons why MEVU choose the Blockchain.

Team of MEVU

Roadmap

MEVU Token and ICO Details

MVU the token of MEVU platform and one of the part MEVU ecosystem. For MEVU platform to work correctly, MVU will have a great effect on it. The purpose of MVU is to help the users bet the amount they want and reporting the result after reaching consensus, lottery and many other. There will be some ways to get MVU which will not only be the ICO.

Some details about MEVU ICO is described below

• Token Symbol: MVU
• Token Standard: ERC20
• Total Supply: 104,800,000
• Token Sale Amount: 45,000,000
• Token Price: $0.34
• Soft Cap: $2,000,000
• Hard Cap: $15,3000,000

Conclusion

Betting market is currently in their worst position now. So much illegal and unfairness. MEVU is showing a solution to this and giving us the opportunity to bet without any unfairness, with transparency and security. They are targeting to change the whole betting system and make legal profit out of it. If done right, they have huge potential.

If interested be sure to check out these links for more information about MEVU

Website: https://www.mevu.bet/
Facebook: https://www.facebook.com/betmevu/
Twitter: https://twitter.com/mevu_bet
Telegram: https://t.me/mevubet
Whitepaper: https://www.dropbox.com/sh/irhmw1y7wj3b2tn/AAAdoYYsNUqTctBkh8TdrYgCa?dl=0

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