BX.BET - THE DECENTRALIZED BETTING EXCHANGE

INTRODUCTION

The online betting is industry is growing in recent year due to advancement in technology. This has also increased the control of bookmakers and betting operators around the world. These middlemen control the activities of users in different ways offering them a complete autonomy on how the odds and how the betting market is operated. This has lead to trust issues in the industry and affects the growth of this industry. These calls for a solution which is why BX. Bet a blockchain based platform launched a decentralized platform that will resolve all the challenges faced in the betting industry. The platform will solve all the trusts and intermediaries issues faced in a betting industry using the blockchain technology. Bettors will have control of betting odds and have some level of control on how the industry is operated.

WHAT IS BX.BET

This is a blockchain based ecosystem that is bent at resolving all the challenges faced in the betting industry. BX want to create a new betting industry that will eradicate middlemen (bookmakers) and place the odd determining power in the hands of the users. This will be possible with the use of BX token that will be the standard of the transaction in the platform and global betting industry. This will allow transparent payment and eliminate intermediaries the whole process of betting. The BX.BET will revolutionize the betting industry by offering the users a fantastic betting experience. Below are the features that make BX.BET exchange amazing.

• Blockchain-based platform: BX will revolutionize the betting industry because it’s based on the blockchain technology
• Peer-to-peer: The users of the platform can bet with each other without any intermediaries or bookmaker. This makes it transparent and risks free.
• Fairness: All users can accept and place bet easily. The odd is mainly based on the supply and demand making the odd a good representation of the market.
• No limitations: The BX platform give the users complete freedom compare to the restriction placed by bookmakers in the centralized betting industry. No limitation on the number of bets because the user determines the market.
• Low fees: The fee structure used by the Bx platform is transparent and fair. The charge is aimed at making the platform operational.

THE BETTING INDUSTRY ISSUES BX. BET WILL SOLVE
• Lack of trust: The traditional betting industry operators and bookmakers take undue advantage of the users. This is by making odds favor them at all time and adding extra charges to all transactions.
• Interference of providers: The current betting industry gives odds selection to the operators and bookmakers. The operators easily penalize users winning than expected or even restricting them from playing.
• Lack of transparency: The whole process and operation of the centralized betting industry are hidden. This tilts all the control and market to the operators.
• High costs: The cost of the transaction and other operation in the centralized betting industry is extremely high. These are glaring in the odds and various betting charges.

BX.BET SOLUTION
The BX platform is based on blockchain technology that will decentralize the whole process of betting and offering the users fantastic experience. The BX platform is taking control off the hands of the bookmakers and operator by allowing users to have complete control on odds and the whole market. This solves all this trust and high charges issues faced in the centralized betting industry.

BX.BET ECOSYSTEM
BX is a blockchain based platform. This will allow for a secure and transparent betting process. The BX platform gives the users complete control and freedom on the platform.

BX TOKEN
The BX token will be used for all the transactions and bet on the platform, which makes the ecosystem operational. This is blockchain based token and is the standard in today market.

TOKEN DETAILS
Token: BX
Price: 1 BX = 0.19 USD
Platform: Ethereum
Accepting: ETH, BTC, and Fiat
Minimum investment: 100 USD
Soft cap: 5,000,000 USD
Hard cap: 20,000,000 USD

ROADMAP

TEAM

ADVISORS

CONCLUSION
The online industry is facing trust and other hidden issues that making the whole operation unattractive to users. The centralized betting industry put the whole betting process into the hands of bookmakers and operators. The BX platform is a decentralized project that will allow the users to have a say on the gaming odds and some level of control in the betting industry.
Below is the other information about this amazing platform:
Official website : http://www.bx.bet/
ANN thread : https://bitcointalk.org/index.php?topic=4641799.0
member of Telegram channel : https://t.me/bxbet
Twitter : https: / / twitter .com / BXBETico
Facebook : https://www.facebook.com/BXBET/
Whitepaper : https://bx.bet/static/files/whitepaper.pdf
Medium : https://medium.com/bxbet
Youtube : https://www.youtube.com/channel/UCGmpGplemqWL8l2wxOXamOw

AUTHOR'S DETAILS
Bitcointalk Username: Bountyfit
Telegram: @odunayoipaye
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2256159
Wallet: 0x7e45cfC9613022C736C6D821Bdd486588A5242d0