BX.BET

Creating a Global Standard for the Future of Betting

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

With the strength of the smart contract of the ethereum blockchain, BX is able to bypass intermediaries and give its users full control over their funds and betting transactions at any time.

BX is a global, leading librarian and market outlook prediction ecosystem, which will allow users to place bets on every market created by the public using BX tokens.

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

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

the problem of the betting industry

Traditional betting operators require a high level of trust – which is sometimes used by betting makers, to the detriment of their users. On the other hand, this responsibility results in high procedural and financial expenses for bookmakers as well.
The processes of traditional betting makers remain hidden, not providing insight into what information causes special opportunities and making it impossible to ascertain whether the opportunity is fair or too far on the other side.
In the current sports betting landscape, players are very limited in the freedom to bet. Bets can limit players in their betting behavior and even punish players who often win, by prohibiting or restricting them.
High costs are needed to run traditional betting operators safely and efficiently for both players and companies. These costs are reflected in the high margin opportunities and are directly charged to the players.

the solution is as follows

Our approach is decentralized, blockchain removes processes that are not distributed and allows players to benefit from full transparency and total control over their betting experience. We delete the intermediary and hand control back to the user.

BX neutralizes all the problems and weaknesses of the current betting market, by introducing a strong and distributed ecosystem that runs on smart, self-executing contracts, which significantly cuts transaction and operational costs.

how to 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. Overall costs will be much lower than industry standards.
All BX betting transactions, as well as payments, will run safely, independently and transparently on the 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 ecosystems: private and public markets.
BX will introduce a BX result voting system as a decentralized Oracle to determine the outcome of the bet safely and reliably.

Benefits of BX

BX combines betting on blockchain with the most advanced and transparent betting concepts: betting exchanges with the aim of creating new experiences for our users.

GROWTH FUNCTION OF EXCHANGE IN BLOCKCHAIN

BX will bring full functionality from exchanging bets to blockchain and revolutionizing the way betting will take place in the future.

BECOME A MARKET OWNER

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

PEER-TO-PEER

On BX, all users bet on each other without having to interact with the central authority or the betting maker. The BX ecosystem is transparent, democratization and all victories remain in society.

DECENTRALIZATION

The entire betting process is given back to the user with BX. All betting transactions run on blockchain, and are fully autonomous, safe and transparent, and players remain in full control of their betting actions and funds all the time.

FAIR

Without centralized authority, on BX everyone can offer (SELL) and accept bets (BUY). The possibility is only the result of requests and offers and therefore represents the possibility of certain outcomes, based on the aggregate opinions 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 to the type and number of bets, because the community decides whether bets or markets are approved.

LOW COST

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

SOCIAL BETS

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

Token sales information

Pre-Token Sales start date	3 September 2018
End date of Pre-Token Sales	17 September 2018
Start date of Sales of Main Tokens	8 October 2018
End date of Main Token Sales	5 November 2018
Total token supply	200.000.000
Total tokens offered	120.000.000
Hard cap	$ 20.000.000
Soft cap	$ 5.000.000
Token symbol	BX
Selling price of Tokens	1 BX = 0.19 USD
Blockchain is used	Ethereum
Standard token	ERC20
Token type	Utility