BETFORM – Decentralized Social Betting Platform

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Missions
Betform mission is to establish ourselves as a top decentralized social betting platform that offer players wide range of multiplayers blockchain games at a maximum degree of convenience, while adhering to the highest security standards in the ecosystem. We are able to do this by connecting blockchains, leveraging on the smart contracts, and payment channels, which works in a completely secure, instantaneous and low-cost manner.

Legalized Sports Betting
It is already a thriving industry. The betting industry has blossomed regardless of its legality. Illegal sports betting is a multi-billion-dollar industry (some estimates are as high as $150 billion); anyone who wants to place a bet can do so easily online or through local office pools and offshore books. Now, after the Supreme Court decision, states will be more inclined to consider or pass legislation to legalize sports betting, thus allowing people to continue betting but in a regulated and fairer environment. It will also prevent them from dealing with questionable bookies. Moreover, addicts will have fewer stigmas, which may make it easier for them to seek help.

It`s the economy, stupid. Sports betting is good for the economy. Legalizing sports betting will obviously create huge state tax revenues. More importantly, it has the potential to create jobs (estimated between 125,000–152,000 jobs) for the American people. Researchers estimate that legalized, regulated sports betting could actually bring in a total of $6 billion in annual revenue for states by 2023. Moreover, it has potential to bring huge money into the United States and keep it there. Currently, most of the betting takes place online. It is more than likely that legalizing sports betting in America will trigger American telecommunications and tech companies to take over the international market.

This is what supports Betform to be present in the midst of society as a social and fair betting platform. Betform is a decentralized social betting platform that brings funs, privacy, and safety for funds to players. Our key operations are regulated by smart contracts.
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Betform mission is to establish ourselves as a top decentralized social betting platform that offer players wide range of multiplayers blockchain games at a maximum degree of convenience, while adhering to the highest security standards in the ecosystem. We are able to do this by connecting blockchains, leveraging on the smart contracts, and payment channels, which works in a completely secure, instantaneous and low-cost manner.

Provably fair gaming
Betform uses a transparent way of generating the outcomes of its games. Our PRNG is tested and certified by a reputable test lab. Players can anytime access and verify all the card games history.

Fun and social
Unlike other online casinos, you are able to join your friends, invite your friends or even joining a table to make new friends when you play in our platform.

Transparency and security
Betform employs the state of the art technology to provide its users highly secure and efficient environment to play their favorite games. The operations are powered by smart contracts. Smart contracts would immediately pay out the winnings after each round of game ended.

Regulated
Our platform operation is regulated by licensing jurisdiction.

ERC 20 token compliant wallet app
After the ITS, we will develop the Betform wallet which would allow players to easily obtain the Betform Coin, the App will be interlinked with third-party exchanges via their APIs.

Unlimited winnings and winners welcome policy
Successful bettors are often limited or banned by traditional and online casinos. Our business model is built on volumes rather than margins, which means we will always welcome winners!

Quarterly jackpot
At the end of every quarter, our smart contracts will allocate 35% of the month’s earnings as bonus for Texas Tournament and Big 2 Top leaders respectively.
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Betform Token (BFC)
The Singapore based company is currently launch its BFC token Initial Token Sale. BFC token is an ERC20 based on the Ethereum blockchain. All gaming activities envisaged by the Betform solution will employ this coin, i.e. users will need to carry out transactions and place bets in BFC.

The Betform Initial Token sale will begin on January 8, 2019. There will be extra tokens offered as a bonus for users who commit earlier (early-bird bonus). The funds raised by the ICO will be used to redevelop and upgrade the platform and its system architecture so it can comfortably cope with the millions of players heading the way.

Token Details
Token Symbol: BFC
Token type: Utility token
Platform: Ethereum
Standard: ERC20
Total Supply: 240,000,000 BFC
Token for Sale: 96,000,000 BFC
Open Sale Start: January 8, 2019
Token Price: 1 BFC = USD 0.10
Hard Cap: USD 9,600,000
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ROADMAP

February 2018
Decision to launch ICO in Singapore by December 2018
Art 2018
Finalization of technical documentation
April 2018
Game development Search for reputable gaming company Smart Contract Start developing smart contracts
May 2018
Game development Concept of finalisation and gameplay planning of intellectual contract Development of the state channel of Smart contract
June 2018
Game development Game process finalization and design planning smart Contract Developing a wallet contract to hold our ERC-20 tokens Legal Advisory Review Whitepaper legal Consultant
July 2018
Smart Contract Development of the contract for the purse for storage of the marker ERC-20. Obtaining a legal opinion
August 2018
Game development Development of the alpha version of Smart Contract Developing a smart crowd contract
September 2018
Game development Beta version of the APP ready IR certification from Testlab Smart Contract Development of smart Contract games
October 2018
Game development Release for APP version Development of CMS and jumpers of incorporation of the company’s work for the application for the license of gambling launch ICO pre-Sale October 1, 2018
November 2018
Game development Launch Lite version in Google and IOS store Smart contract Development of the gaming Smart contract launch of the Bounty program
December 2018
Smart Contract All intelligent contracts are checked to run the airdrops program
January 2019
ICO Open Sale Gambling application for licensing integration of intellectual contracts and games
February 2019
Application for listing in cryptocurrency exchange
2019
Trust to get a gambling license to release the full version of the game after the license is approved

TEAM

Edward Yeoh
CO-FOUNDER

JW Lai
CO-FOUNDER

Omega Yuen
CTO

Ravi Teja
SMART CONTRACT AND DAPP DEVELOPER

Nikolay Belyavsky
COMMUNITY MANAGER

Nikita Voronichev
COMMUNITY MANAGER

Giovanni Cassangrade
ICO ADVISOR

Graham Doggart
ICO ADVISOR

Giacomo Arcaro
ICO ADVISOR
Useful Links:
Website: https://www.betformcoin.io
Whitepaper: https://www.betformcoin.io/Betform-White%20paper%202018_03.pdf
Medium: https://medium.com/@betform
Telegram: https://t.me/BetformOfficial
Facebook: https://www.facebook.com/betform.io
Twitter: https://twitter.com/Betform2

Link profile:

https://bitcointalk.org/index.php?action=profile;u=1445202
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Amelial

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