CRYPTOCURRENCY: BX.BET

BX.BET - Decentralized betting exchanges.

Greetings to readers of my blog! Today we will begin our acquaintance with the BX.BET project, He drew my attention to the fact that unlike those block-projects that have been announced recently, he does not try to embrace all the spheres of application, but concentrates on a certain task with a clear applied value.

BX is a global prediction and decentralization and a betting market ecosystem that will allow users to place bets on any market made by the community using BX tokens.

With the power of a smart ethereum blockchain contract, BX can eliminate brokers and give users total control over their funds and betting transactions at any time.

BX aims to completely interrupt and redefine the traditional betting industry by offering its users a unique betting experience.

PROBLEM OF BETTING INDUSTRY

LACK OF CONFIDENCE

Traditional betting operators require a high level of trust, which is sometimes exploited by the dealer to the detriment of their users. On the other hand, this responsibility results in high procedural and financial costs for bookmakers as well.

LACK OF TRANSPARENCY

The processes of traditional betting makers remain hidden, without providing information about what information leads to specific probabilities and making it impossible to determine whether the opportunity is fair or too far to benefit betting makers.

SUPPLY INTERFERENCE AND LIMITATIONS

In the current panorama of betting sports, players have very limited betting freedom. Bets can limit players in their betting behavior and even punish players who often win by prohibiting or restricting them.

HIGH PRICES High

costs are needed to run traditional betting operators safely and efficiently for players and companies. These costs are reflected in the probability of high margins and are charged directly to players.

SOLUTION
Our decentralized blockchain-based approach eliminates processes that are not distributed and allows players to benefit from total transparency and complete control over their betting experience. We eliminate intermediaries and we give back control to users.

BX neutralizes all the problems and weaknesses of the current betting market, by introducing a strong and distributed ecosystem that runs on smart, self-executing contracts, which significantly reduces operational and transaction costs.

BX.BET ECOSYSTEM

BET EXCHANGE

BX bets form a nerve center for users to accept or offer bets on market results.

STRUCTURAL COSTS

BX forms a fair and transparent structure of tariffs, which are designed specifically to maintain the function ecosystem. Public rates will be much lower than industry standards.

BX SMART CONTRACTS

All BX gambling transactions and payments, will be executed safely, and transparently autonomous chain blocks using Smart Contract technology.

MARKET OWNERS

Being a gambling dealer has never been easier. In the BX ecosystem, every user can become a market owner and receive a portion of the market he has created.

BETS MARKET

BX will offer two types of betting markets in ecosystems: private and public markets.

Characteristics of the BX APPLICATION
Bx.Bet2.png

WHAT MAKES A BX DIFFERENT?

BX combines blockchain betting with the most advanced and transparent betting concepts: betting exchanges with the aim of creating a truly new experience for our users.

FUNCTIONALITY OF EXCHANGE EXCHANGE ON BX BLOCK

will bring full functionality from betting exchanges to the blockchain and will revolutionize the way bets will take place in the future.

BECOME A MARKET OWNER

With our Market Owner concept, BX eliminates the problem of an illiquid betting market by offering a solid incentive model for Market Owners to guarantee liquidity in every market at any time.

SAME AS THE SAME

In BX, all users bet on each other without having to interact with the central authority or bookies. The BX ecosystem is transparent, democratization and all profits remain in society.

DECENTRALIZED

entire betting process is returned to users with BX. All betting transactions are executed in a block chain, and are fully autonomous, safe and transparent, and players have complete control over their stake and fund shares at any time.

ONLY

Without centralized authority, on BX everyone can offer (SELL) and receive (BUY) bets. Opportunities come only from supply and demand and, therefore, represent the probability of specific results, based on the aggregate opinions of the players.

LIMITED

BX offers its users unlimited freedom to create their own betting markets, act as market owners, accept bets or offer their own opportunities at any time. There is no limit to the type and number of bets, because the community decides whether to approve bets or markets.

LOW COST

BX creates a fair and transparent cost structure. In addition, our tariffs are far lower than industry standards and specifically designed to keep the ecosystem running.

SOCIAL BETS

BX offers the possibility of creating a private betting market for closed groups. This gives users a level of freedom they have never experienced before. To further enhance the social betting experience, users have the possibility to abandon their thoughts and comments in each market.

TOKEN SALES DETAILS
Bx.Bet3.png

TOKEN DISTRIBUTION AND FUND DISTRIBUTION
Bx.Bet4.png

ROADMAP.

Q3 2018 - Token sales are complete. BX ecosystem development takes place.
Token BX is listed on the first exchange.

Q4 2018 - Launching a personal alpha version of BX. This version will be a lightweight version
BX ecosystem. Starting with the online application, making bets
market, betting and Oracle functions are implemented. The Superuser
the concept is ready to be tested by the community. BX continues to work together
intensively with the authorities to ensure that the BX is in line with all regulations
requirements and to set BX as a fully compliant player in the gaming industry.
We will contact our advisors and relevant authorities to obtain it
license required if and when needed.

Q1 2019 - Launch of the BX public beta. The new interface for using BX is released
with a redesign to present the final and intuitive UI / UX design. Private bet
Market features are ready to use, allowing a new betting experience. BX
Live desktop application with the included BX wallet, giving our community a
method for storing their tokens safely. The Market Owner Function is fully implemented,
to ensure liquidity on the BX market from the start.

Q2 2019 - The original iOS and Android BX mobile applications are aired with full support for all
BX application. Furthermore, the BX developer API is published and ready to use,
allows developers to create customized betting tools and interfaces to use BX
ecosystem. BX fully supports sports, including esports markets, and predictive markets
functionality.

Q3 2019 - Launch BX with full functionality. Game bets, double bets and bets
trade added. The multi-platform strategy is solved by completing the webmaster
plugins and all other applications, creating a unique betting ecosystem.

Q4 2019 - BX adds full integration of all esports markets including livestreams of twitches
and other gamification features. Next is the third vertical market type, that is
financial markets, will be launched and thus complete the betting experience offered
on BX.

THE CORE TEAM