Betform – Smart contract powered social betting platform!
Today in addition to the main earnings, many people are trying to create an additional source of income. Options to meet this desire is full, for example, these are social bets on sports, casino, lottery, card games. You can make them both offline and quickly over the Internet.
Already created a lot of such applications, someone uses them to make money, others just for fun. Before those who are more serious and those who want to get good money almost always have difficulties that come up with these services: if you constantly win, you can cut the maximum rate to the minimum size, block the account without explanation, delay payments for a few days, and in fact all this gambling and the user can just start again.
In this case, while it is necessary to accept such conditions of play of these centralized offices and services. I have been betting on sports for almost 10 years and I constantly had to change bookmakers, as I almost always won, they noticed it and just blocked my accounts. More I do not do this, although I created a good additional source of income in the amount of$ 250-300 per month.
People like the gambling industry, but it is necessary to make revolutionary changes to it, so that the interest does not fall, but only increases. And an interesting solution to this problem is offered by the Betform project.
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.
Provably fair gaming
Fun and social
Transparency and security
ERC 20 token compliant wallet app
Unlimited winnings and winners welcome policy
Their main goal is to create a decentralized platform of games for social betting in different directions with the help of intellectual contracts. This idea allows players to compete with each other without intermediary offices, create a large pool to win, instantly receive payments in the form of their own Bet coin tokens.
Unlike traditional organizations, this ecosystem pursues the right vision in getting more users, not just profits. Each player will be able to see the transparent results of all games. The application can already be downloaded for two operating systems or read the MVP.
Anyone can join the game without restrictions. The platform has already been licensed and is now under private selling of tokens, the public will begin January 8, 2019,at the moment sold more than 72 million. You can take part in three famous games like Texas Poker, Big 2 and in-Between, which are absolutely free.
While the vector of development of the team is an online casino and fans of traditional casinos will be able to appreciate all the advantages that are offered by this startup. Financial transactions will be conducted with its own token, the platform undertakes to allocate 35% of the income to tournaments as a bonus on a quarterly basis.
Players no longer need to worry about what someone close or familiar can learn about their gambling preferences: each of them will have a personal wallet that is not associated with Bank cards and other payment systems.
To find more detailed information on this startup, please follow the links below: