Hello readers, in today’s article I shall be presenting to you a review on the best betting technique that has been designed on a decentralized exchange leveraging on the innovative characteristics of the blockchain technology .
WHY BXBET?
You will agree with me that sport and other forms of betting are not new to our globally economy. As a matter of fact the market capitalization of the betting market is growing rapidly by the day. But even with this enormous growth, there are challenges still hindering the full manifestation of this sector. This is the reason for the BXBET unique team to come with an idea that will transform the betting market completely and upgrade betting standards globally.
Nevertheless, BX BET is set to create a decentralized exchange where betting is carried out without the need for intermediaries such central authorities. BXBET has what it takes to disrupt the current traditional betting system by offering its users a unique betting experience via a smart contract and the blockachain technology.
SOME CHALLENGES HINDERING THE EFFECTIVE OPERATIONS OF THE TRADITIONAL BETTING SYSTEM
Irrespective of the large market volume of betting, a lot of factors are still hindering it from reaching its mile stone. All of these challenges are the reason for the emergence of BXBET. These hindering factors include but not limited to:
-High cost of operation
-Inefficiency
-Lack of transparency
-Lack of adequate trust
-Unnecessary regulations and policies by central authorities. Etc.
However, in lieu of the above mentioned hindrances, BXBET was conceived and given birth to, by a great and experienced team. The sole aim of BXBET is to transform the traditional betting system by designing a peer to peer betting exchange. This unique exchange will allow users to create a bet, participate in both private and public betting using the BX token. This, they do to eliminate the central authorities or middlemen who hitherto have been interfering in the process of traditional betting operations therefore leading to inefficiency, high cost as well as ineffectiveness of the traditional betting system.
WHY BX IS OUTSTANDING
BX possesses unique and outstanding features when compared to the traditional betting system. Some of the features are:
-Becoming a market owner
-Ability to become a bookmarker
-With BX there is no limitation to users, they are free to create a betting market, accept other bets, offer their odds anytime, the type and amounts of bets are not restricted by any regulations, and users can also act as market owners.
-BX offers opportunity for social betting: With BX users can create a closed group and create private betting markets without being restricted. Users can contribute ideas by commenting on the platform.
-Decentralization: BX decentralized feature give users the opportunity to have total control of their betting. Transactions on BX are safe, transparent and trust- less. BX also permits peer to peer betting among users.
-Fair: BX transaction is based on a decentralized blockchain therefore it offers a fair transaction.
-Mobile and desktop applications: these will enable a fast, easy and convenience transactions, as users will store their tokens in their individual wallets.
THE UNIQUENESS OF BXBET EXCHANGE
Interestingly, the BXBET team has designed BX BETTING exchange which will act as a platform where BX users can offer or accept bets on outcomes of the markets. This exchange is built on a decentralized ethereum smart contract on the blockchain which guarantees a relatively low cost , transparent payment model , safety in betting and taking control of bets, unlike the traditional betting system.
BXBET MOBILE APP
FEATURES OF BX-TOKEN
The BX token is created base on the etheruem block chain, which will allow BX to function effectively. The toke BX is meant to act as a key part of the ecosystem. BX will be used for the following:
-Payment for BX betting application
-use in determining the outcome of a market
-BX will be used in creating betting market
-BX will be used for all betting transitions.
-BX is used to claim betting reward and other incentives.
BXBET UNIQUE ROADMAP
In my opinion, BX BET is a unique betting exchange that will encourage sport betting as well as other forms of betting. The decentralized smart contract makes the experience a unique and transparent one. With the main aim of transforming the traditional betting system, BXBET is what players need at this time, and it’s the best thing that has happened to the betting markets. Since this article cannot capture all the unique features and benefits of the innovative ideas of BXBET I recommend the well packaged and self explanatory BXBET white paper (https://bx.bet/static/files/whitepaper.pdf)and website (https://bx.bet/) for maximum information on how to be a part of this unique platform.
TOKEN DETAILS
Token block chain: ETH
Decimal: 18
Token Name: BX
Token protocol: ERC 20
Token type: Utility
Token Price: $ 0.19/BX
Total supply: 200,000,000 BX
Soft cap: 5, 000,000
Hard cap: 20, 000,000
After the public sale all unsold tokens shall be burnt.
Token distribution
For any project to be a success, there must be a great and experienced team backing up such a project . Below are the pictures of the BXBET team members,their profile can be found on the whitepaper.
For more information please visit:
Website: https://bx.bet/
White paper: https://bx.bet/static/files/whitepaper.pdf
Telegram: https://t.me/joinchat/Gvx5m0lTk2MXpG9AGR1JzQ
Facebook : https://www.facebook.com/BXBET/
Author’s bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1760015;sa=summary
Author’s Name: Nesbee2
Eth address: 0xc75534DEd4fd4796aa215A96e8E89EC58DfCF78e
The content of this review article is from the BXBET white paper and website.