Betting can be termed as the action of gambling with money or one’s property on an outcome they have no control over like a race, or a game or an unpredictable event that is yet to happen. Betting is done all over the world, for example, casinos but mostly in sports. Today, we see individuals placing a bet hoping and praying for the football team they chose to win. Everyone who places a bet do so with the mindset of winning, but that isn’t the outcome on most occasions which often leads to anger, depression and sometimes aggressive behaviors.
The betting industry is faced with diverse complexities which are more in favor of the service providers than those that place bets. There are issues of publisher fees, media rights, advertising, sponsorship, merchandise, ticket, transparency, lack of proper service or network, trust, and the manipulation of top betters amongst other challenges. The use of blockchain technology for betting is very essential, it provides a unified, safe and transparent betting experience for bet lovers and not to forget betting helps unite people from a different tribe, ethnicity, religion, race, country together when doing what they love.
#bethash is a decentralized blockchain innovation created integrated with the #eos blockchain to eradicate current issues faced by gambling, lottery, casino, digital games, and e-sports betting. The sole purpose of this invention is to provide a transparent, decentralized, seamless, secure and entertaining platform for all lovers of e-sport. With #bethash peer to peer networking, ledger nodes, cross chain atomic swap and other functionalities conventional problems of e-sport will be a thing of the past.
Players will have the opportunity to play games online and in turn receive incentives (real money), doing what they love just got more interesting and fun to do. Placing bets, games predictions, and lottery on #bethash don’t need decades of experience, both newbies and experts can participate because it is user-friendly and most importantly it is self-explanatory (easily navigable). B2B solution is built in for easy navigation, flexible score, and online chip system for casino and online games. Game developers can integrate their applications with #bethash network easily without any hiccups with an assurance of receiving more income.
#hpoint is the acronym for the #bethash token, this native cryptocurrency created by the team will fuel the network. Hpoint was built on the #eos blockchain because it is the most secure blockchain compared to other existing blockchains. It will be used as the standard mode of payment when placing bets, staking, voting and for other payments on the ecosystem. Hpoint chose the EOS smart contract because of its reliability, availability, transparency, and security. To ensure the preservation of the tokens bethash network may burn tokens in circulation, no other token will ever be minted, mined or created.
★ Bets can be placed by the public or by friends.
★ Security of user’s wallet with the latest security functionality.
★ Everyone can predict if you can hold your word with a bet on you or against you.
★ Users can set up crazy challenges and get rewarded with 10% of the jackpot as a reward.
★ Live feed functionality make you see what is happening at any point in time.
Developers of games would have access to adding their games on the bethash platform if their games meet the standard requirement of being a game of skill. Developers with a game to introduce will have to pass the “game of skill” test before the game can be added on the platform. The test is when a skilled player defeat's an unskilled player with a minimum of 75% that is 75 wins in 100 plays.
★ BITCOINTALK PROFILE: TIVERE
