Post on 15-Feb-2019
Introducing a decentralized betting and prediction market ecosystem that will allow its users to place bets on any market created by the community. With the use of blockchain technology, the combination of betting and prediction markets and our betting exchange con-cept, BX will create a whole new level of user experience
THE PROBLEMIn recent years the online sports betting industry has been characterized by strong growth, and is still a fast-growing and highlysegmented market with a lot of players invo-lved. Since 2009 the online gambling market has doubled in size, and currently has a volume of nearly 60 Billion USD. However despite this prodigious growth, the industry has experienced decreasing levels of trust and a lowered reputation in recent years. The traditional online bookma-ker faces many problems, including the lack of trust, a lack of transparency, regulative encroachment, and strict regu-lations, all of which stem from their centralized structures. Companies are in charge of the outcomes, odds, and even player funds, which ends up in a lack of transparency and trust for the end user.
OUR SOLUTIONOur decentralized, blockchain-based approach removes nondistributed processes and allows players to benefit from full transparency and total control over their betting experience. The BX betting platform will eliminate all thre-ats and weaknesses from the current betting market, whilst using smart contract technology to cut transaction and operational costs significantly.
THE TOKEN
The BX token is designed to enable the full functionality of BX, which makes it an integral part of the ecosystem. The BX token is capped in its total supply, tradeable and can be divided into smaller fractions, so that it can grow in value and serve the complex requirement profile of the BX ecosystem.
The BX token will be the enabler for all BX betting applica-tions. It will be utilized as a store of value, which can be used to conduct all transactions inside the BX ecosystem. It will be used to place bets, create betting events and claim rewards and prize money.
All BX tokens will be issued exclusively during the ICO period. At the end of the ICO period, the token will be transferred to the ERC-20 wallet of the contributors and is ready to be traded on different cryptocurrency exchanges.
MEET THE TEAM
BX will implement its multiplatform strategy straight from the beginning to create a complete decentralized betting ecosystem
PEER-TO-PEER On BX every user can place bets without a middleman. The BX ecosystem is transparent and all winnings stay within the community.
DECENTRALIZED On BX, the whole betting process is given back into the hand of the users. All betting transactions run autonomo-usly, securely and transparently on the blockchain, and the players remain in full control of their betting actions and funds at all times.
FAIR Without a centralized authority, on BX everyone can become a bookmaker and offer odds. The odds represent solely the probability of occurrence of a specific outcome, resulting from the aggregated opinions of the players.
NO LIMITATIONBX provides its users the unlimited freedom of creating their own markets, acting as a bookmaker, accepting bets, or offering their own odds at any time. There are no restrictions on the type and amount of bets, as the com-munity decides whether a bet or a market gets accepted.
Interactive web-platform
Desktop application / wallet
Native mobile apps
Web plugins
Api
Token Sale terms
CAPSSoft cap: 5 000 000 USDHard cap: 20 000 000 USD
EXCHANGE RATE1 BX Token = 0.19 USD
ACCEPTED WAYS TO
CONTRIBUTE: ETH, BTC, WireTransfer
THE BX ECOSYSTEM „THE FUTURE IS DECENTRALIZED”
THE DECENTRALIZED BETTING EXCHANGE
BETTING EXCHANGEThe BX betting exchange forms the central hub, for its users to
bet on the outcome of a market.
BX SMART CONTRACTSAll BX betting transactions will
run autonomously by usingSmart Contract Technology.
BETTING MARKETSBX will offer two types of betting markets within the ecosystem:
private and public markets.
FEE STRUCTUREBX will establish a fair and
transparent fee structure, with innovative components included. The overall fee will be significantly
lower than traditional industry standards.
MARKET OWNERBecoming a bookmaker has never been so easy. In the BX ecosystem,
any user can become a Market Owner and receive a share of the
market they have created.
ORACLEBX will introduce the BX outcomedetermination voting system as an
internal and decentralized Oracle to provide the outcomes of our events
securely and reliably.
Crowdsale
Team
Advisor
Bounty/A�liate
Reserve
Development
Marketing
Legal
Operation
Miscellaneous
TOKEN DISTRIBUTIONTotal supply: 200 000 000 BX Token
FUNDS ALLOCATION
5%
15%
60%
10%
10%
15%
5%
50%
25%
5%
2018
https://bx.bet/en/https://bx.bet/static/files/whitepaper.pdf
TEAM EXPERIENCE
The BX team has collectively more than 90 years’ diversified experience and brings to the project a holistic grasp of the online business ecosystem.
Our team has been working with ventures ofall sizes, markets and industries. We live and breathe entrepreneurship, and have been launching and developing new iGaming ventures with exceptional effciency and an outstanding success rate for years.
Our passion, creativity and professional execution skills are the three building blocks underpinning our success.
Our tremendous experience in the iGaming industry helps us to understand the needs of the players, and implement solutions to create the ultimate user experience.
CHRISTIAN HEINS
ISAAC SANT DANIEL BRADTKE
GABRIEL VOLLMANN MATTHEW PISCOPO
BEKA TOMASHVILI
CHRISTIAN LENZ
ALLISTER BAJADA
GIGA CHKHIKVADZE GABRIEL DEMIRCI DR. JOSEPH BORG
JOSCHKA KUPICH
DIANE DALLIS
LUKA ONIANI