Marginless

bigtasty1 (27)in #marginless • 6 years ago

The eSports market is experiencing a rapid growth, despite being in its formative stage. In 2016, worldwide revenues generated in the eSports market amounted to 492.7 million U.S. dollars. By 2020, the market is expected to generate over 1.48 billion U.S. dollars in revenues, which indicates a compound annual growth rate of 32 percent. These revenues came from betting, prize pools and tournaments, but overwhelmingly from sponsorship and advertising, which brought in almost 661 million U.S. dollars in 2016. In terms of revenue, Asia was the biggest eSports market overall, followed by North America and Europe.
The coming year will see the Esports Economy grow to $696 million, a year-on-year growth of 41.3%. Brands are expected to spend $517 million, broken down into $155 million on advertising, $266 million on sponsorship, and a further $95 million on media rights. Brand investment will double by 2020, pushing the total market to $1.5 billion. Consumer spending this year on tickets and merchandise will amount to $64 million. Another $116 million is invested by game publishers into the esports industry through partnership deals with white-label organizers. As esports is becoming engrained in the DNA of successful competitive games, publishers are actively looking to grow their franchises as spectator sports with the aim to engage their current fans, and reach new ones. Often lacking the experience and resources to do so, publishers turn to these white-label organizers to help them set up leagues and events around their franchises. For most game publishers, esports is currently not a profitable business. However, their investment is justified by the positive impact on game revenues and the future potential of their esports activities as a stand-alone business.

MARGINLESS PLATFORM
Marginless will operate as a betting exchange platform. Platform users will be able to place bets on offered markets with their selected odds or oppose open bets from other users. After a bet is placed on offered market, Marginless tokens will be reserved from the users wallet until the bet is accepted by another user. The bet can be accepted by several users part-by-part or by single user for full stake, which makes the wager automatically become a Face to Face bet. When the bet is accepted, full or part stake, the specified, amount of tokens will be deducted from your and opposing user (-s) wallet with the help of contracts and paid out accordingly after the official result of the match is confirmed on the platform.

How we differ from others?

One of the biggest problems that current bettors face are unfair odds. This is one of the main and leading fears of bettors worldwide — regularly losing against bettors while also being regulated, charged and/or extra taxed by governments. This forces regular sportsbooks to charge up to 8.5% margin on all placed bets. We, at Marginless, believe that unfair odds and big margins are not the way to create and welcome users to the betting world and that is the first thing where we differ from others — due to the fact that Marginless is operating as a peer-to-peer betting operator and does not require huge risk management or a full team of traders, bettors will have a possibility to place bets with an industry leading 1% that will be charged from those who won only! No more worries about the bookmakers not paying out your winnings. Marginless offers the users to bet on events and celebrate winnings exactly after the finish of the event you have wagered on. All of your betting information will be stored in the blockchain which will allow its users to keep track of their betting history, review previous bets and find new ways to improve your betting results with our analyst tools.
Becoming a bookmaker has never been so easy! All you need to do is choose your markets from provided list or even create unique ones, select market rules where needed (inclusion/exclusion of overtimes etc.), choose between riskier or safer plans by selecting your starting margins and you are good to go! Marginless platform will provide full events and a Hybdrid Oracle integration, risk-management and accounting services that are needed for the full system usability. All of this while charging only up to 5% (subject to change) of monthly gross profit in MRS from profitable betting pages. Whilst a lot of bettors have the dream of becoming a bookmaker one day — currently this dream is reachable only for very few due to platform building and maintenance costs. Marginless is here to change that!

ROADMAP

Right now, betting is not going to the direction it should go. Betting organizations are become more and more greedy, they make efforts to bring the most gain and profit towards them and not towards the bettor. That’s why our association created and that’s why we are always working towards the goal of making betting world great again!