The online betting industry has lacked innovative ideas for some time. Odds are massively in favour of the bookmaker, payment methods are outdated and regularly winning players are restricted or banned. There is a lack of security, lack of privacy, extortionate fees and low returns, all of which are factors which either put bettors off or drive them to underground betting.
BETR is different. It is the betting crypto-currency that will establish truly decentralised sports betting on the internet. With BETR providing financial security true peer-to-peer betting becomes possible on the internet with entities that have no prior relationship. Using blockchain we are able to provide sportsbook clients that operate with no human or business entity in the middle. The system is safe, the software and transactions are provably fair and robust and payment is simple. The BETR token is the future of betting.
- Peer to Peer betting with no central party
- Provably fair and unbreakable
- Applicability to other gaming activities
- All software will be open source and available for free
- Access to betting in more jurisdictions
- Access to much larger bets – global betting liquidity
- No risk to punters from underfunded operators
- Designed by the industry for the industry
Development and marketing of the system will be funded through the issuing of a betting token (BETR). The number of BETR tokens is hard capped, with liquidity increases facilitated by an increase in token value.
There will be an early bird bonus system built into the ICO to incentivise early investment, according to the following schedule:
- 105% tokens $5,000,000
- 110% tokens $4,000,000
- 115% tokens $3,000,000
- 120% tokens $2,000,000
- 125% tokens $1,000,000
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