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Bettium project: efficient tools for peer-to-peer betting!

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What is Bettium?

Bettium is a decentralized marketplace that allows smart sports bets to be made between individuals. Resident experts and the latest analytical data are both on hand for gamers to adopt more calculated strategies for winning. Both contestants or teams in a wager can access big data, AI and many potent analytical tools to enable player’s decisions. 

Necessity:

Focusing rather on enabling a different, rich UX, the platform is applying blockchain technology in ways to give users the benefit of a sophisticated analytical approach to placing bets.

Presenting as highly professional and wholly transparent, the company has taken gambling intent a step further than others. At the turn of the century, online gambling exploded, giving any punter access to almost any bookmaker in the world. Now, rather than face gambling professionals, Bettium is enabling players with the kind of data and tools bookmakers use in their own calculations. 

Project / Idea:

Bettium is a global decentralized platform enabling users to bet on sporting events against each other, each using big data and established experts to improve forecasts and strategy. Traditional sites pit the bettor against a classical bookmaker, an entity disinterested in the player’s success. Bettium provides direct access to AI, Big Data and powerful analytical tools to help the bettor make smart conclusions and smart bets against peers.The Bettium gaming space is professional, transparent, and fair to all users, both professional and amateur. 

 A fully decentralized platform, Bettium resolves all the challenges that have plagued traditional betting systems. The platform provides a transparent and safe betting system, completely protected from manipulation by players, third parties, and the bookmaker himself. P2P betting is by its nature fair and self-regulating: with odds and terms determined by users themselves, there can be no manipulation to cover fees or boost margins. Built-in AI and Big Data capabilities will allow players to develop their own forecasting strategies and combine them with algorithmic capabilities available on the platform. Bettium will also provide access to the statistics and forecasts of successful players, experts and analysts. 

How it will work?

Decentralization ensures that the system will be available worldwide, practically immune to shutdown, and free from third-party interference. Under a system of oracles and smart contracts, winnings will be paid instantly and automatically, without the involvement of bookmakers, operators, or any bank/platform that might impede the process. 

Some features of a project:

Bettium BETT: Token & ICO Details:

  • As Bettium is being built on the Ethereum blockchain, it uses the ERC-20 standard for its BETT utility token, which in turn will be used as the platform’s currency.
  • The Bettium token sale will have a total of 100,000,000 BETT available. Initial price per token is the equivalent of $0.50 per 1 BETT; additionally, 1 ETH will net 800 BETT.
  • Bettium will be accepting payments in either ETH or Bitcoin. The token sale has a soft cap of 20,000 ETH and a hard cap of 75,000 ETH. The date for the beginning of the token sale has yet to be publicized, but is likely to be on or before June 2018. 

Soft Cap = 7 500 000 USD
Hard Cap = 30 000 000 USD
Initial price1 BETT = 0,05 USD
Payment methods acceptedBTC, ETH
Ethereum - ERC20.

The Bettium team:

Bettium’s core team comprises CEO Nathan Hunt, Chief Legal Officer Brian Bellerose, Business and Technology Strategy Executive Manager Ron Lewis, Sheldon Bennet on Blockchain Analysis, CTO Alex Kamilov, App Engineer Dan Hunt, Alice Douglas in charge of investor relations and Full Stack Developer Edward Luque.Advisors who are aiding the team in rollout include Peiwei Ni, the Chairman and CEO of Super Block, Crypto Market Advisor Alexandru Radulescu, the CEO of Findo Gary Fowler, and Maury G, an APAC consultant.

The company is European but will service the globe on its platform. The developers have a strategic plan for disbursement of funds raised, with an eye on ensuring scalability and improvement post-launch. 

The roadmap:

Important links:

Author: https://bitcointalk.org/index.php?action=profile;u=2128735> 

Bettium project: efficient tools for peer-to-peer betting! | Ecency