Betform Smart contract powered social betting platform

About Betform

When we as the co-founders of Betform got together to start this company, it was our vision to have assets on the blockchain gaming be not only available to professional players, but rather something that can be used by any individual players in the social way and for fun.

At Betform, we strive to offer the user access to as large as possible a range of blockchain games at a maximum degree of convenience, while adhering to the highest security standards in the ecosystem.

Betform mission is to establish ourselves as a top decentralized social betting platform that offer players wide range of multiplayers blockchain games at a maximum degree of convenience, while adhering to the highest security standards in the ecosystem. We are able to do this by connecting blockchains, leveraging on the smart contracts, and payment channels, which works in a completely secure, instantaneous and low-cost manner.

What is Betform coin?

Betform coin is a utility token based on the ERC20 standard. All transactions on the Betform will be carried out in Betform coin. The token will be freely tradable on major exchanges and is fully compatible with Ether wallets such as MyEtherWallet.

BETFORM FEATURES

PROVABLY FAIR GAMING

Betform uses a transparent way of generating the outcomes of its games. Our PRNG is tested and certified by a reputable test lab. Players can anytime access and verify all the card games history.

FUN AND SOCIAL

Unlike other online casinos, you are able to join your friends, invite your friends or even joining a table to make new friends when you play in our platform.

TRANSPARENCY AND SECURITY

Betform employs the state of the art technology to provide its users highly secure and efficient environment to play their favorite games. The operations are powered by smart contracts. Smart contracts would immediately pay out the winnings after each round of game ended.

REGULATED

Our platform operation is regulated by licensing jurisdiction.

ERC 20 TOKEN COMPLIANT WALLET APP

After the ITS, we will develop the Betform wallet which would allow players to easily obtain the Betform Coin, the App will be interlinked with third-party exchanges via their APIs.

UNLIMITED WINNINGS AND WINNERS WELCOME POLICY

Successful bettors are often limited or banned by traditional and online casinos. Our business model is built on volumes rather than margins, which means we will always welcome winners!

QUARTERLY JACKPOT

At the end of every quarter, our smart contracts will allocate 35% of the month’s earnings as bonus for Texas Tournament and Big 2 Top leaders respectively.

TOKEN BURNING

At the end of every quarter, our smart contracts will automatically burn 5% of the commission charged. This will result in a decrease of the token supply, driving up the value of the Betform Coin.

TOKEN SALE

Token symbol: BFC

Token price: 1 BFC = USD 0.10

Total supply: 240,000,000

Hard cap: USD 9,600,000

Presale: October 2018

Open sale: January 2019

TOKEN DISTRIBUTION

Pre-sale 43.9%

Founders 11%

Open sale 40%

Team 2.5%

Bounty & AirDrops 2.6%

TOKEN SALE PROCEEDS ALLOCATION

Development & Operations 55%

Marketing 10%

Reserve & Working Captital 10%

Advisors 10%

Legal 15%

Useful Links:

Website: https://www.betformcoin.io
Whitepaper: https://www.betformcoin.io/Betform-White%20paper%202018_03.pdf
Medium: https://medium.com/@betform
Telegram: https://t.me/BetformOfficial
Facebook: https://www.facebook.com/betform.io
Twitter: https://twitter.com/Betform2

Author: luioanh

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1233872