Amsterdam-based Betrium announces pre-ICO launch on 23 October with 500% bonus at start. Betrium is the solution developed by group of entrepreneurs and MIT & MIPT graduates offering the first worldwide betting service (betting exchange & bookmaker) with zero-commissions accepting crypto-currencies and offering platform for event organizers, developers and third-party service providers.
In Betrium bets happen off-chain and only added when the event happens and the outcome is undeniable. However the bets are broadcasted all over the network instantly for the odds to be recalculated. That means, in contrast to competitors, we are able to provide high-speed betting service built on decentralized IT architecture.
Industry problems
1. Globality
— No worldwide support.
— No worldwide money deposits and withdrawals.
— Only local and the world’s most popular events.
— Bookmakers prohibit usage for foreign customers.
2. High Commissions and Fees
— 1-3% commission on money deposits.
— 1-3% commission on money withdrawals.
— 0-5% commission on winnings.
3. No crypto-currencies support mostly.
4. Unfair conditions. Due the law problems and increased taxes, bookmakers offer low-profitable betting odds. Moreover, in most cases a minimum deposit of $20+ is required.
5. No platform for «vendors» / event organizers. There are no
platforms that allow you to create own bets and earn money. This may be useful for small sports leagues, event organizers and e-sports streamers.
6. Taxes. Some of betting services automatically take taxes on personal income.
7. No API. Just few services offer public API for developers. Moreover, betting service providers try to block any bots and third-party services.
The Betrium’s goal is to solve all these problems to offer the following features:
1. Worldwide:
— Full worldwide service.
— Worldwide money deposits and withdrawals.
— Worldwide Customer Support (for 25-30 countries).
— All events all around the world.
2. Platform for event organizers:
— Betrium offers unique platform for event creation. The platform gives an opportunity to make custom events and earn money from betting.
3. Lowest Fees:
— 0-1% commission on money deposits.
— 0-1% commission on international money withdrawals.
— 0% commission on winnings.
4. Crypto-currencies support: ETH (+ all ERC20 tokens), BTC, LTC, XZC, DASH.
5. Fair Conditions. No minimum deposit required, the most profitable betting odds possible.
6. Betrium does not take any taxes.
7. Open API. Betrium offers public RESTful API for developers and encourages betting bots and third-party betting service providers.
In the next eight months, Betrium plans to run the following services:
— Betting web-site;
— Creators Platform (including special marketing and event promoting tools);
— Mobile Applications (iOS/Android).
— RESTful API closed beta.
Betrium Team:
14 members now: sports traders and analysts, mathematicians, smart-contracts and software developers, front-end/back-end web developers, lawyers, management experts, PR/SMM experts and even political technologist.
Meet the Betrium team:
— 19 October, Singapore
— 24 October, Blockchain Summit, Dubai
— 26 October, CoinAgenda, Las Vegas
— 28 October, Russian Blockchain Week, Moscow
ICO summary:
- BTRM — Ethereum ERC-20 token.
- Pre-ICO start: 23 October 2017 (500%-300%-200% bonus).
- Pre-ICO end: 14 November 2017.
- Token price at start: 1 ETH = 6000 BTRM.
- ICO — information will be released soon.
- Total Supply: 140,000,000 BTRM
More information is available in the Betrium white paper.
