Ended

BetterBetting

Add to compare

ICO websiteWhite paper


BetterBetting ICO details

Start Date: 2017-12-15

End date: 2018-1-31


BetterBetting

The online betting industry has lacked innovative ideas for some time. Odds are massively in favour of the bookmaker, payment methods are outdated and regularly winning players are restricted or banned. There is a lack of security, lack of privacy, extortionate fees and low returns, all of which are factors which either put bettors off or drive them to underground betting.

BETR is different. It is the betting crypto-currency that will establish truly decentralised sports betting on the internet. With BETR providing financial security true peer-to-peer betting becomes possible on the internet with entities that have no prior relationship. Using blockchain we are able to provide sportsbook clients that operate with no human or business entity in the middle. The system is safe, the software and transactions are provably fair and robust and payment is simple. The BETR token is the future of betting.

Why Better

  • Peer to Peer betting with no central party
  • By providing a robust escrow and settlement service between 2 parties who do not know one another and have no common operator the system provides access to betting opportunities that did not previously exist.

  • Provably fair and unbreakable
  • The software and transactions are provably fair and robust. Punters need to know that they will be paid their winnings – no questions asked!

  • Applicability to other gaming activities
  • A transaction does not have to comprise a bet – the same system can be used for any activity where funds are escrowed prior to a result and then settled to the winner (eg. A game of poker) although we will focus on betting initially.

  • All software will be open source and available for free
  • Access to betting in more jurisdictions
  • Access to much larger bets – global betting liquidity
  • There is a massive market for betting where the amounts exceed those that individual operators are prepared to risk. This system will provide the liquidity to enable these bets to be placed – there are no system limits. Bets are pooled so many parties can match a single bet.

  • No risk to punters from underfunded operators
  • Punters have no risk of operators or layors who have insufficient funds to lay their bets – in this system all bets are prefunded on both sides.

  • Designed by the industry for the industry

The online betting industry has lacked innovative ideas for some time. Odds are massively in favour of the bookmaker, payment methods are outdated and regularly winning players are restricted or banned. There is a lack of security, lack of privacy, extortionate fees and low returns, all of which are factors which either put bettors off or drive them to underground betting.

BETR is different. It is the betting crypto-currency that will establish truly decentralised sports betting on the internet. With BETR providing financial security true peer-to-peer betting becomes possible on the internet with entities that have no prior relationship. Using blockchain we are able to provide sportsbook clients that operate with no human or business entity in the middle. The system is safe, the software and transactions are provably fair and robust. Add on the ease of paying for a bet through BETR currency and the fact that you can make larger bets, and you can see why BETR Betting is the future of betting.

Token Sales

Development and marketing of the system will be funded through the issuing of a betting token (BETR). The number of BETR tokens is hard capped, with liquidity increases facilitated by an increase in token value.

There will be an early bird bonus system built into the ICO to incentivise early investment, according to the following schedule:

  • 105% tokens $5,000,000
  • 110% tokens $4,000,000
  • 115% tokens $3,000,000
  • 120% tokens $2,000,000
  • 125% tokens $1,000,000

Team

Adriaan Brink

Founder

Ian Sherrington

CTO

Hilly Ehrlich

Co-Founder

Mitchell Rankin

Management Team

Vlad Agaev

Consultant

BetterBetting Advisors

Ronnie O’Sullivan

Jon Matonis

Founding Director, Bitcoin Foundation

Jez San

Eric Benz

Managing Director at CryptoPay

David Vanrenen

Michael Caselli

Rasmus Sojmark

Dennis Van Maanen

Rumen Slavchov

Marketing Manager / ICO Expert and Advisor

Milestones

October 2017
Preparation for launch, PR, Corporate Technology.
November 2017
Public Announcement, Website go live, Active marketing starts. Presales start to Institutions. Countdown to Public Sales.
December 2017
Public Sales Start
January 2018
Final end to Public Sales if not ended sooner Token tradable within 2 weeks
March 2018
Initial Betting API defined Token Encapsulates API. Bets can be placed using tokens
May 2018
Reference code for Betting app released to open source
July 2018
Launch of Identified Layors Introduction of Authentication
September 2018
Reference code for betting Dapp released Reference code for Bookie app released
October 2018
True Decentralisation comes to the Directory

Get the Best ICO's in your inbox

Don't worry we don't spam

We will be happy to hear your thoughts

      Leave a reply

      Register New Account
      Reset Password
      Compare items
      • Total (0)
      Compare
      0