will benefit from reaching the global audience as well as earning commissions from our Betform is a social betting platform that is based on smart contracts. Keep in mind that smart contracts are normally fulfilled through the utilization of utility token. The smart contracts are going to protect gamblers and gamers against fraud, hack, and criminals. These contracts also minimize transactional cost hence gamers will have something big to take home. It is equally crucial to mention that this platform has a utility token known as BFC. This coin is compliant to ERC-20 on an Ethereum blockchain.
As mentioned earlier, the native token of this platform is the Betform Coin. Keep in mind that all the gaming activities within the platform will require Betform Con. In other words, this platform is planning to make its own designed toke to be the primary currency in this ecosystem. It is also crucial to state that this coin will work as any other Ethereum token within the Ethereum ecosystem.
Token usage
As a player or any other user within this platform, you can acquire Betform Coin during the token sale, and after ICO it will be listed on various exchanges as well as directly through the Betform wallet. As mentioned beforehand, BFC will serve as utility token for the following functions:
- This token will be used as value holders, for instance, it is expected that soon, the value of this token will rise as the platform keeps on expanding hence it will reduce the token supply and continue burning part of the circulating tokens.
- It will be used as an in-app token so that all transactions within the platform will be accessed through this token.
- We are planning to make it our global betting token so that in order to enter a bet from any part of the world, you will need the BFC tokens. This is going to enhance the popularity of our products and services across the world.
- We will allow other companies as well as gaming operators to add multiplayer games to this platform hence making this token white-label customers.
- We are also planning to integrate with selected games as well as apps by third-party developers. This means that players within our platform will enjoy from a wide range of games to choose from as the developers platform which will be in the form of Betform Coin.
Token distribution
The available toke supply is 2, 400,000,000 and the platform is planning to offer 40% of these tokens for public sale, and 43.9% will be availed for identified investors. Some of these tokes will be set aside for founders, advisors, team, bounty and the remaining will be set aside for reserve.
In conclusion, there is no doubt that Betform Coin plays major roles regarding the development of this platform. Moreover, this is what is going to be used to fulfill the smart contracts created within the platform. The coins ensure security, transparency, and ease of accessibility to the platform.
For more information:
Website: https://www.betformcoin.io
Whitepaper: https://www.betformcoin.io/Betform-White%20paper%202018_03.pdf
Facebook: https://www.facebook.com/betform.io
Telegram: https://t.me/BetformOfficial
Twitter: https://twitter.com/Betform2
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2387602
Ethereum Wallet Address: 0x185dF87D2A81C1289553496D373a36D13a7E6fA6
