BX.BET — Decentralized bet swap

Blockchain-based betting and prediction markets are designed to revolutionize the future of betting.

With the smart contracting power of blockchain ethereum, BX is able to bypass intermediaries and give its users full control over their funds and bet transactions at all times.

BX is a global, leading-edge librarian and market predictive ecosystem, which will enable its users to place bets on any market created by the public using BX tokens.

BX aims to completely disrupt and redefine the traditional betting industry by offering a unique betting experience to its users.

Our vision is to create an ecosystem that fully supports each of the following types of markets, to provide a truly unique and interesting experience for all players

betting industry issues

Traditional betting operators require a high level of trust — sometimes used by betting makers, to the detriment of their users. On the other hand, this responsibility results in high procedural and financial expenditures for bookmakers as well.
Traditional betting process processes remain hidden, giving no insight into what information causes special opportunities and making it impossible to ascertain whether the opportunity is fair or too far on the other.
In today’s sports betting landscape, players are severely limited in freedom of betting. bets can restrict players in their betting behavior and even punish players who often win, by banning or restricting them.
High costs are required to run traditional betting operators safely and efficiently for both players and companies alike. This cost is reflected in the high margin opportunities and directly charged to the players.

the solution is as follows

Our decentralized, blockchain-based approach eliminates un-distributed processes and allows players to benefit from full transparency and total control over their betting experience. We remove the middleman and hand control back to the user.

BX neutralizes all the problems and weaknesses of the current betting market, introducing strong and distributed ecosystems running on self-executing smart contracts, significantly cutting transaction and operational costs.

work as follows

BX exchange exchanges form a central hub for its users to accept or offer bets on market results.
BX will establish a fair and transparent cost structure, which is solely designed to keep the ecosystem running. The overall cost will be much lower than the industry standard.
All BX bet transactions, as well as payments, will run safely, independently and transparently in blockchain using Smart Contract Technology.
Being a bet has never been easier. In the BX ecosystem, each user can become a Market Owner and receive a share of the market they have created.
BX will offer two types of betting markets in the ecosystem: private and public markets.
BX will introduce a BX voting system as a decentralized Oracle to determine the results of bets safely and reliably.

Excess BX

BX combines bets on blockchain with the most advanced and transparent betting concepts: exchange bets in order to create new experiences for our users.

FUNCTION OF EXCHANGE FUNCTIONS ON BLOCKCHAIN

BX will bring full functionality from betting exchanges to blockchain and revolutionize how bets will take place in the future.

BEING A MARKET OWNER

With the concept of our Market Owners, BX eliminates the illiquid betting market problem by providing a strong incentive model for Market Owners to ensure liquidity in every market at all times.

PEER-TO-PEER

In BX, all users bet on each other without having to interact with a central authority or a bet maker. The transparent BX ecosystem, democratization and all victories remain within the community.

DECENTRALIZATION

The entire betting process is given back to the user’s hand with BX. All betting transactions run on blockchain, and are fully autonomous, secure and transparent, and the players retain full control over their actions and betting funds over time.

FAIR

Without centralized authority, on BX anyone can offer (SELL) and receive a bet (BUY). The possibility is only the result of demand and supply and therefore represents the possibility of a certain outcome, based on the aggregate opinion of the players

WITHOUT LIMITATION

BX gives its users unlimited freedom to create their own betting markets, act as Market Owners, accept bets or offer their own opportunities at any time. There is no limit on the type and amount of the bet, as the community decides whether the bet or the market is approved.

LOW COST

BX creates a fair and transparent cost structure. Furthermore, our costs are much lower than industry standards and are only designed to keep the ecosystems running.

SOCIAL BODY

BX offers the possibility to create private betting markets for closed groups. This gives users a level of freedom they have never experienced before. To further enhance the social bookmaking experience, users have the possibility to abandon thoughts and comments in each market.

Token sales information

Pre-Token Sales start date September 3, 2018End of Sale Date Pre-Token September 17, 2018Start date of Sales of Main Tokens October 8, 2018End date of Main Token Sales November 5, 2018Total token supply 200,000,000Total tokens offered 120,000,000Hard cap $ 20,000,000Soft stamp $ 5,000,000Token symbol BXToken selling price 1 BX = 0.19 USDBlockchain is used EthereumStandard token ERC20Token type Utility

Explanation of token contribution

TOKEN DISTRIBUTION