FX1/Diary-25

Welcome to a special edition of this weeks FX1 diary.

Whitepaper V2.0

For our community members that have been with us for some time, they would have likely seen and read the first whitepaper we released, V1.0.

Since releasing that whitepaper a lot has changed. We have made significant progress to move the company forward and we also made a what was a large pivot into sports betting.

As a result of the change it was clear our whitepaper needed to be updated, given 95% of the content discussed in that paper is no longer relevant.

While the paper is still not ready for release, today we’ll be giving you a sneak peak.

Executive Summary

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Sports betting is a captivating topic, particularly when considering its legal and ethical implications across different regions. Beyond the moral aspect, there’s a clear and undeniable desire among people to engage in sports betting. Research even suggests that betting on sports games enhances the excitement of watching them live.

However, the world of sports betting is far from flawless. It grapples with numerous issues that often remain hidden from the public eye. Moreover, there has been a noticeable lack of innovation in this industry for quite some time.

The longevity of sports betting as a practice is a testament to its enduring appeal. Betting on the outcomes of sports events has a storied history, dating back to Roman times when wagers were placed on gladiatorial battles in the Colosseum.

Traditional sports books swiftly rose to prominence, offering immediate access to the largest and most popular sports markets. But this convenience came at a cost — bettors had to accept the odds set by the bookmaker and wager against them.

While this might seem like a fair arrangement, it’s important to realize that sports books maintain a sharp edge, ensuring they profit regardless of the bet’s outcome. This asymmetry often leaves bettors at a disadvantage, no matter how skilled they may be.

The sports betting industry is in need of a transformation. It’s time to level the playing field, empower individuals, and dispel the stigma surrounding sports betting, which is sometimes associated with harm.

This whitepaper delves deep into the entrenched issues plaguing the industry. We will explore the evolving landscape and examine potential solutions, all while striving to maintain an unbiased perspective. Our ultimate goal is to present a solution that stands to benefit the sports betting community.

If any part of this whitepaper resonates with you, we urge you to share it. The more people who align with our mission, the stronger our collective effort will be in delivering the innovative solution we are about to introduce.

Stay Tuned

We will be releasing the whitepaper in next weeks diary, so please stay tuned and make sure you stay up to date which is best done by joining our Telegram channel.

Please give us some love in claps and ask any questions you have in the comments area and we pretty pretty promise to reply to you.

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