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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Betrium, Partly-Decentralized Exchange Witnesse Crowdsale Enters Stage

NewsBTC
NewsBTC
Last Updated: March 27, 2018 4:19 am
2 mins read
betrium

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The pre-sale ICO campaign of Betrium, the world’s first decentralized betting exchange platform, is live now, with 9,198,555 Betrium tokens (BTRM) already sold out. The pre-ICO started on January 30, 2018, will end on February 18, 2018. Hence, if you want to participate in the pre-ICO, it’s the high time to go for it.

About Betrium

Betrium is the platform developed by an intellectual group of entrepreneurs belonging to MIT and MIPT. It is the first partly-decentralized global betting service, including betting exchange and Sportsbook, with zero commission, acceptance of cryptocurrencies and offering a platform for developers, event organizers, franchisee and third-party betting service providers who can create and manage their custom events and earn income from betting.

Leveraging Upon the Industry-Growth Opportunity

Betrium holds the credit for developing the first global sports betting platform operating in the industry that is generating at least $0.5 trillion of revenue on an annual basis. By 2017, the worldwide regulated gambling market generated around $533 billion of revenue. The betting market accounts for $70 billion in total gross yield globally. In addition, the unregulated sector is way larger, with more than 100 million users regularly betting on sports every month.

How it Works?

The bets over Betrium platform take place off-chain and just added when the event takes place so that the outcome cannot be denied. Nevertheless, the bets are broadcasted all over the network immediately for the odds to be addressed. It implies that unlike other similar platforms, Betrium offers higher-speed betting service developed on a decentralized IT architecture.

In view of the volatility stabilization goals, the professional betting cannot be executed without fixed USD amounts. The company is in the process of preparing for Curacao online gambling license.

The Core Features

  • Profit Sharing

Betrium distributes 50% of the annual profits among BTRM token holders. Each token holder will get a 50% of the Betrium’s profit on a regular basis. The BTRM tokens are backed by Betrium financial success and its increasing worth.

  • No Volatility

The platform offers cryptocurrencies volatility stabilization for the token holders. The platform fixes the balances with virtual USD/EUR so as to protect users from losing in the regular dumps. It will be achieved by integration of exchange functionality and partnerships with local and global exchanges.

  • Legal Activity

The company aims to make the platform fully legal. It is in the process of obtaining Curacao license for its online gambling, along with plans to get licenses in UK, Malta, Germany, USA, and Australia as well.

To know more about the platform and participate in its on-going token sale, please visit https://betrium.co/#

 

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