The future of Sports and eSports betting online. Gainmers disrupting the online betting scene

Gainmers
6 min readMar 20, 2018

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Blockchain has become one of the greatest innovations of this era that is poised to revolutionize the way we perform transactions (now in a trustless way) and communicate with each other all around the world. The potential applications are almost limitless. Any problem that surges within the ecosystem is rapidly solved by a global community of developers advocated to the betterment of society and the freedom of the individual. In short, this means untapped opportunities for businesses to operate without boundaries in a transparent and publicly auditable ways.

Introducing Gainmers

The very first idea of Gainmers was conceived at the beginning of 2017 in the midst of a meeting of a small group of early blockchain enthusiasts that had followed the wild development of bitcoin and other cryptocurrencies for more than 5 years. Yes, in that time we could be counted by the fingers, at least in our country.

As any idea born with blockchain as its core, its objective is to be as intuitive and easy to use as it could be for the community. As the technology is designed to be as a medium of trustless exchange of value, the betting industry matches a perfect fit. What else could be mounted upon a group of strangers that believe in the outcome of the effort and abilities of different teams across sports and eSports?

The platform

The main aim of Gainmers is to open blockchain betting for the expected growing mass of users, as already reported in the whitepaper.

The traditional sports book business model, be it physical or online, poses a zero-sum game in which “fair odds” are presented to the bettor, but as it is always known, the house wins at the end. This is because users are betting against a centralized entity which calculates odds based on algorithms that are never shown to the users

Under this premise, Gainmers surges as a project that gives back the unsold trust and transparency to users adding blockchain to the social + betting equation. Through dynamic odds, users will be able to claim their gains in full. There won’t be a centralized house taking profits systematically off the user’s money.

Additionally there will be a space created by the community of players, in which people can interact with each other, register and publish their historical bet metrics and offer opinions or recommendations to other users.

Main features

P2P betting

A betting platform where there is no house to bet against. Bet against other players in real time, in different sporting events. We propose the creation of public pools where people place their collective bets on the different event results. In this way, the loser in a pool will pay to the winner, where the money will be distributed proportionally to each player’s betting.

Private rooms betting

The aforementioned approach can be perfectly applied to a private room. Our platform will allow the creation of fully customizable private rooms. Our users can set the minimum bet, the maximum number of players and secure their rooms with a password. Bet with family or friends; organize a tournament at work or in your neighborhood! Our platform gives our users total freedom, offering a new and fresh product to use nearly anytime, everywhere.

Community engagement

Having a betting platform with different sports and eSports available grants a constantly growing community. We will enable a global chat as well as a trollbox so everyone can express in their own way during the streams that will be available through our platform.

Also, do you consider yourself more of a betting connoisseur? We’ll give you the opportunity to profit from it. The more accurate your predictions, the better your ratios and ranking will be. The platform will allow users with the best winning ratios to sell their predictions about events to the community. These users are called “tipsters”. In this way the platform creates a never ending competition to become the best tipster and be rewarded from time to time from it.

Betty, the first AI bet- bot

Betty is without doubt a game changer for both our platform and the betting industry. Our programmable bet bot will be able to analyze the constant flow of data generated by our platform and external sources. Anytime a player chooses to bet alongside Betty, they will engage in a process to solve a problem through neuronal networks. Betty can give our users a prediction about events even without previous knowledge or understanding of the rules of that event. The introduction of an AI in our platform will allow our users to have an additional tool to help them make predictions, allowing the platform to have a unique additional value amongst other betting platforms.

The GMR utility token structure

The GainTokens created during the ICO are the way to fund the development of Gainmers platform and ensure its continuous usage though services provided through it. The GainTokens (GMR) have been designed under the ERC20 token standard in the Ethereum network. A smart contract is responsible for the creation of the token, as well as the contract that will be responsible for sending the tokens to all our supporters.

The GMR tokens will be minted only once during the ICO token sale. Only 100 000 000 GMR will be ever possibly created. The 60% of these tokens will be destined to the token sale. Any undistributed ICO token will be burnt.

The smart contract is publicly auditable via our official GitHub.

The Gain Token Holders will be able to use the token in our platform to:

1. Boost your bets, increasing your stake in the selected betting pool (which will potentially increase your profits).

2. Apply to get tickets for the most important events of your favorite sports or eSports.

3. Enable VIP status to access the services of Betty and participate in exclusive raffles done regularly on the platform.

This way, our platform ensures a continuous flow of tokens in and out of our platform. This system incentivizes the usage of the GMR token adding value to the ecosystem.

A platform made for gamers by Gainmers.

Roadmap

· Q2 2017 Market research and idea development.

· Q3 2017 Continued R&D development and initial advisory round trimming of alpha version.

· Q4 2017 Beta development for pre-launch testing purposes.

· Q1 2018 Beta deployment on Ethereum’s Rinkeby testnet. Debugging and further testing of p2p b betting features.

· Q2 2018 Initial Coin Offering stage and initial 3rd party auditing of funds.

· Q3 -4 2018 Full deployment of p2p betting on Ethereum’s mainnet.

· Q4 2018 Private alpha version and testing of the AI bet bot. Early access for GMR token holders.

· Q4 2018 AI powered bet bot deployment on Rinkeby testnet.

· Q1 2019 Q1 -2 2018 Marketing and partnerships on international gaming scenarios.

· Q3 -Q4 2019 Projected integration in mainstream media for real time betting on the blockchain. Q4 2019 Official sponsorship of highly-competitive eTeams.

Links

Keep posted through our updates via social media!

· Website

· Whitepaper

· Twitter

· Facebook

· Bitcointalk announcement

· Official Telegram chat

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Gainmers

We are the first Latin American ICO that consists of an AI-powered P2P social betting platform. More information in our official web http://www.gainmers.io