Hi Guys! It’s your favorite cryptoblogger with another round of juicy crypto gossip!
An amazing EOS DAPP has come into the space powered by a token with immense utility and usecase. I hardly post about EOS tokens but this one is worth note. Their whitepaper is very detailed about their plans and the features of the platform. The name of the token is BET50!
The Bet50 platform is an online betting site for e-sports, live sports of various kinds as well as dice games.
Bet50 token is an international payment system built on the EOS blockchain. It is used for making and closing bets on BET50 Esports platform, dice gambling and in their online Casino and will be used to buy Gift Cards.
The ultimate goal of BET50 is to become the preferred choice of payment for gaming and betting platforms all over the world. Users can be integrated into the Betfty platform and be able to spend Betfty tokens in any gaming store; online or on the street.
Users will be able to access all the Betfty services – betting, gambling, staking and buying – from the platform easily and be able to monitor their investments with the most amazing user immersing experience imaginable.
•The platform will launch in 4 stages. The first phase is the Sports Betting phase, where users can bet on live matches with the BET50 token and earn rewards when they win. The process is smooth and very efficient. The User logs in to the platform with Scatter and an Identity is created for the user on the platform. The user then selects from a list of available odds to place a bet.
•Betting occurs via the aid of smart contracts and is fully automated. The smart contracts creates a bet slip ID for the user and stores it on the blockchain. The smart contract then reads the result of the match that is bet on and releases winnings to the user once the betting conditions are met. This process is fully automated and winners can place bets as well as claim their winnings at any time of the day.
•Very few things are as exhilarating as rolling a pair of dice against probably fair odds. Players will be able to gamble either EOS or BET50 tokens on the platform in a dice game. The player logs in with scatter and inputs the amount of EOS or BET50 the player desires to gamble with. He then sets his prediction for his roll of the dice to show above or below a certain number from 1 to 100. All fully automated and easy to run. Remember, odds are probably fair.
•The E-sports section, which will come in the second quarter of 2019 will allow gamers from all over the world to compete with each other on the platform for rewards. Users will agree on a bet and compete with each other via online games of their choosing and the winner takes all. This section will consist of as many games as possible that have multiplayer features on X-box, PS3 and PS4. Users will be able to have fun gaming on the platform and earn rewards while doing it.
•The Casino Segment will be added in Q3 2019. Basically it brings the excitement of a Vegas style casino straight to your doorstep. It will allow users on the platform to gamble against probably fair odds in various Casino games, including but not limited to roulette, poker, casino hold ‘em, bingo, wheel of fortune, slots, black jack and many others. Users will log in and place bets with the aid of Scatter through a completely automated gambling process.
•The BET50 store will commence operations in Q3 2019. Users will be able to use the BET50 tokens to buy digital and physical products from our store, including but not limited to game software, game consoles, gears and other gaming equipment. Shipping for physical items will be made to anywhere in the world at standard shipping rates for excellent service.
Every week, the top betters and gamblers will be posted on the website in a roll of honoursection. Players that perform actively and remarkably will find themselves in the roll of honourfor that week. Players for the Esports betting section will be given the option to allow their bets to be displayed to other players who sign up for the Reputation program. We are making it optional to protect the privacy of Players on the platform. Players whose bet codes are displayed will receive 5% of the winnings of players who copy them. Only players who have made over 100 wins on the platform can register to be copied.
•COIN NAME: BET50
•TOTAL SUPPLY: 800 MILLION TOKENS
•AVAILABLE FOR ICO: 100 MILLION TOKENS
•BLOCKCHAIN: EOS BLOCKCHAIN
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