Betex: An ICO Without Scams
Having worked in the advertising field and, especially, in the sphere of blockchain technology, I have come up with the belief that user should be in the center of any project.
This user should not be scammed, namely, when they see an ad message speaking of one thing and get an absolutely different thing after the registration on the website. This user should fully receive the promised functionality of the product and shouldn’t be bothered by bugs or any technical issues. Finally, a user should get some kind of profit from the product. If the product matches these conditions, then we can definitely say that it is a good and promising one.
When I first found out about Betex and its relation to the binary options, I thought that this is more connected to betting, with the possibility to control the results, and, thus, scam the end user. After all, we have all heard about traditional binary options where the brokers are in control of everything, as the processes are happening on their platforms, which is absolutely shady. But, first and foremost, Betex stood out with the ‘peer-to-peer’ thing, which positively distinguished it from the traditional binary options.
After a thorough study of the project, I came to a conclusion that this project is not about the binary options, but about the blockchain-powered technology. Betex platform allows users to bet against each other. In case of the binary options, it involves that ‘peer-to-peer’ thing that excludes broker as an opponent. Thereby, the platform also is not able to act as a broker and influence the result. Betex team was able to create a fully decentralized platform where each step is recorded on the blockchain and cannot be changed. One more important moment is the usage of the average price index, which eliminates an artificial pump or dump of the price.
Before becoming the project’s advisor, I spent a long time communicating with the team and Oleg Torkhov, the Co-Founder. I agreed on the cooperation only when I got personally convinced. That the project meets all user’s demands and doesn’t scam them. The team has made a huge job of creating the platform itself before launching the ICO campaign. The Betex platform is ready, has an attractive UI and is technically well-established. The 95% payouts to the users are really made and this is probably the highest rate on the market.
The global approach of the top management and the team to the project makes me believe that Betex has a big future and it’s coming up already today.
