BX.BET — Designed to Revolutionize the Future of Gambling / Betting!
Gambling or betting on various sporting events is growing very fast — but the current system cannot guarantee full security for its users, therefore I will introduce you to the Bx platform which will be the solution to your problem because the Bx Platform will give its users the freedom to make offers as efficiently and as safe as possible.
What is BX.BET?
BX.BET is a blockchain-based betting and predictive market ecosystem, designed to change the way the world is betting. BX has a vision to create a new betting experience, where each user can take over the role of betting, create their own market, place and offer bets with self-determined opportunities, and even participate in determining market results.
BX.BET will be a decentralized betting market without intermediaries and our aim is to disrupt and redefine the traditional betting industry by offering its users unique and enhanced experiences.
BX is the solution to all the problems and weaknesses of the current betting market, by introducing a strong and distributed ecosystem that runs on smart contracts that execute on their own, significantly reducing transaction and operational costs.
How does the Bx ecosystem work?
1| BX Exchange establishes a central hub for its users to accept or offer bets on market results.
2| BX will build a fair and transparent cost structure, which is solely designed to keep the ecosystem running. Overall costs will be much lower than industry standards.
3| All BX betting transactions, as well as payments, will run safely, independently and transparently on the blockchain using Smart Contract Technology.
4| Being a bet has never been easier. In the BX ecosystem, each user can become a Market Owner and receive a share of the market they have made.
5| BX will offer two types of betting markets in ecosystems: private and public markets.
6| BX will introduce a BX voting system as decentralized Oracle to determine the results of betting safely and reliably.
PROBLEM OF BETTING INDUSTRY
LACK OF TRUST
Traditional betting operators require a high level of trust — which is sometimes used by betting makers, to the detriment of their users. On the other hand, this responsibility results in high procedural and financial expenses for bookmakers as well.
LACK OF TRANSPARENCY
The processes of traditional betting makers remain hidden, not providing insight into what information is causing special opportunities and making it impossible to ascertain whether the opportunity is fair or too far on the other side.
INTERFERENCE OF PROVIDERS & LIMITATIONS
In today’s sports betting landscape, players are very limited in the freedom to bet. Bets can limit players in their betting behavior and even punish players who often win, by prohibiting or restricting them.
costs are needed to run traditional betting operators safely and efficiently for both players and companies. These costs are reflected in the high margin opportunities and are directly charged to the players.
Our approach is based on decentralization, blockchain removes processes that are not distributed and allows players to benefit from full transparency and total control over their betting experience. We delete the intermediary and hand control back to the user.
BX neutralizes all the problems and weaknesses of the current betting market, by introducing a strong and distributed ecosystem that runs on smart, self-executing contracts, which significantly cuts transaction and operational costs.
The BX application offers full joy and BX ecosystem functionality
EVERYTHING AT ONE PLACE
The BX application makes it easy to track all your betting activities and results, from one simple place. With the BX mobile App players will have the entire BX ecosystem in their pocket — anytime, anywhere.
DESIGNED WITH YOU IN THOUGHTS
We strive for excellence in UI / UX design, and therefore we have ensured that applications supported by BX are simple and easy to use.
IN PART BETS
Search through a variety of different betting markets made by the community, to decide which one should be at stake.
More about BX.BET :
BX — the decentralized Betting eXchange — is a betting ecosystem that fulfills all requirements to act in the best interest of our users, by giving them full control of their actions and funds at all times. The decentralized structure of the BX betting exchange eliminates the possibility of a single point of failure. In combination with the betting exchange model, the BX infrastructure will facilitate a fully transparent and easy-to-use betting experience. We believe that centralized betting models will become quickly outdated, as users begin to fully understand the significant advantages of a decentralized model.
On BX every 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.
On BX the whole betting process is given back into the hands of the users. All betting transactions run autonomously, securely and transparently on the blockchain and the players remain in full control of their betting actions and funds at times.
Without a centralized authority, on BX everyone can become the bookmaker and offer odds. The odds represent solely the probability of occurrence of a specific outcome, resulting from the aggregated opinions of the players.
BX provides its users the unlimited freedom of creating own markets, acting as bookmaker, accepting bets or offering their own odds at any time. There are no restrictions on the type and amount of bets, as the community decides whether a bet or a market gets accepted. and many more!
TOKEN SALES DETAILS
TOKEN DISTRIBUTION AND DISTRIBUTION OF FUNDS
Up here explanation from me and for more information about the BX Project, please visit the link I provided below:
Name : Donny arrr
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2330472
My ETH adress : 0x2eb56cD651CBc1D8088AC385D0fF0960F950E41a