Betterbetting :a global pool of digital market
global pool of liquidity to create a target market
In fact, the purpose of the Better Betting Foundationis to create a global pool of liquidity rates for use by creators of betting rates and betting players. In principle, anyone can create an offer based on real sporting events, it is more traditionally known as a bet. Each bid proposal will be grouped by market and event. Anyone wishing to make a bet. The betting process then includes the Ethereum chain-chain to store the agreed rates, which also contain the rate and obligation to the deposit-the system will use our own issued betting tokens (BETR). When the events are over, the bets associated with this event can be settled. To settle the bet, the result of this choice must be determined.
The Ethereum network will be used to manage betting contracts and BETR tokens and an interface to another system, in addition to providing UX for betting creators and Bettors. This system is called "Better Betting Node" (BBN).
BBN is a downloadable application that is installed on the user's device and includes the wallet ethereum. It is similar to the blockchain application, since it runs without central servers, and the nodes communicate with each other to maintain the state of the database. BBN does not need to store data indefinitely, and this is one aspect that distinguishes it from standard networked networks, where each node stores a complete copy of the transaction log.
Founder of the project:
Adrian Brink
Founder iCoins (2007) - pioneer of crypto currency
Brink began professional programming on the mainframes of the ICL and UNIVAC, performing statistical analysis of large surveys in 1984.
As a witness to the possibilities of the Internet and the success of the National Lottery of the Great Britain, in the beginning of 1995. Working in Liechtenstein, Brink established InterLotto, the world's first legal online lottery, and quickly established her position as the leading e-commerce site in Europe. In 1997, the International Federation of Red Cross and Red Crescent Societies agreed to become the main beneficiary, and the site was renamed PLUS Lotto.
As the general director of the International Lottery in Liechtenstein, the lottery operator, Brink archived the systems and managed a team of developers and developers. He also worked in marketing, sales and philanthropy.
In 1998, Brink was the founding director and technical director of Earthport (www.earthport.com), a British payment service company specializing in direct banking Internet payment mechanisms. Earthport is registered on AIM in the UK.
In 2001, Brink formed Zabadoo AG and bought lottery systems from Earthport. Zabadoo expanded markets by including new third-party partners selling branded lotteries.
In late 2004, Brink joined the team in Mahjong Mania to attract money, multiplayer online mahjong to the world. Mahjong Mania was the main business of TSX, owned by Dynasty Gaming Inc. (TSX: DNY). He has been president of Mahjong Systems Limited for 4 years and has played an important role in the innovative multiplayer mahjong on the Internet.
In 2007, Brink formed iCoins Limited and introduced its new concept in how money should move on the Internet. iCoins was an idea ahead of its time, and many concepts were similar to Bitcoin.
In 2010, Brink rethought his resources for developing applications for smartphones and social networks. He released a number of them, including a mobile sports booklet (iphone, ipad, android, blackberry) and some innovative applications for Facebook.
In 2011, Brink is formed Socialitize Ltd to develop and use betting-oriented sports applications on Facebook and mobile devices. Socialitize owns and manages 2BET2 sports prediction on Facebook (www.2bet2.com), smartphones and tablets.
Since February 2015, Brink has consulted with Gamesys Ltd in London, UK, creating a new sports book.
ICO
The system will be financed by issuing a token of interest rates (BETR).
When issuing tokens, a minimum of $ 2 million will be raised, and a maximum of $ 30 million. These funds will be used to
- Development and production of the best
- Development and discovery of sources of dapps and nodal software
- Marketing for key stakeholders and consumers
- Legal and Administrative Expenses
Official website: https://betterbetting.org/
Twitter: https://twitter.com/BETRBetting
Article author: Clintonbalogun24
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