Betbox - The Betbox ecosystem

HAI,
Hello Good day everyone,once again i will like to introduce you about a well organize platform called "BETBOX" so please read on to get the details,first of lets know what Betbox is:

Betbox is a completely decentralized biological system acting in different DApps with the task to give a completely straightforward, reasonable but then difficult condition for individuals with an enthusiasm for betting and a sense for rivalry.
clients may contribute their insight and experience to the developing task by submitting thoughts or arrangements, which are prepared for usage, as an end-result of OX. Betbox keen contracts are devel-oped to repay 20% of the commissions (ETH) taken by the organization for wagering, each quarter of the year to volunteering parties as an end-result of tokens to direct the swelling of OX. 100 Mio. Bull will at first be made. The conclusion of each wager in the betbox keen contracts will make a solitary OX and arbitrarily disseminate it to a client of the environment. The RNG of betbox depends on issuance of future square hashes on Ethereum open mainnet. OX holders may bolt tokens into the predefined shrewd contract to get benefit offer of the period. The bolted OX will be scorched inside the procedure

PRELIMINARY:

Wagering can be named as the activity of betting with cash or one's property on a result they have no influence over like a race, a diversion or a flighty occasion that is yet to occur while betting can be named as playing a round of possibility (half odds of either winning or losing) with cash while seeking after an ideal outcome or making a dangerous move with trusts in a positive outcome. Wagering or betting is done everywhere throughout the world, for instance club yet generally in games. Today, we see people putting down a wager trusting and appealing to God for the football crew they won. Everybody who puts down a wager do as such with the mentality of winning, however that isn't the result on most events which regularly prompts outrage, despondency and once in a while forceful practices. The wagering business is looked with assorted complexities which are more for the specialist organizations than the individuals who put down wagers. There are issues of straightforwardness, absence of legitimate administration or system, trust, and the control of best betters among different difficulties. The utilization of blockchain innovation for wagering is basic, it gives a bound together, protected and straightforward wagering background for wager sweethearts and not to overlook wagering joins individuals from an alternate clan, ethnicity, religion, race, nation together while doing what they adore. I would love to acquaint you with BETBOX stage (decentralized, straightforward, reliable, verified or more all amusing to utilize) where you don't just do what just do what you adore best yet in addition get remunerate for doing what you cherish. I'm going interpretation of a voyage on how BETBOX stage functions and the real things you have to think about BETBOX ECOSYSEM.



Greetings to all significant crypto community! The rates industry has a significant share in the total share of the global financial market. Many will probably agree with me that every person’s blood is in excitement and many bookmakers use this weakness to us. The current centralized models of betting companies are rather doubtful and closed to users. Most of the information on the work of such companies is closed to users, this includes the construction of coefficients, the Random Number Generator, the mechanisms for the withdrawal of earned funds, the general financial activity of companies. In addition, with a centralized model, there is a risk of blocking users by the company and loss of financial resources that go into the account. But, nevertheless, interest in the betting industry is increasing every year. The development of blockchain technology of course in this regard can significantly change this industry and make it more attractive to users.




Consider a startup Betbox. Betbox is a decentralized, open source event betting application built on the Etherium blockchain. The decentralized model provides an open construction of the coefficients, as well as the rapid and fair distribution of funds without delay. Also, users in the application will have access to voting functions in the event of disputes, which directly indicates that users are of paramount importance on the platform.
In order to expand the scalability of the ecosystem and the possibility of further competition with centralized models, the application will deploy an EVM side chain with a consensus of POA and distributed nodes, which will provide fast network bandwidth and quick confirmation of all operations.
Functions that will be deployed in Betbox:

individual rates;
private P2P.
The main advantage of Betbox is the ability to set bets between two or more users on a peer-to-peer basis, with the setting of the bet and an individual consensus calculation. Here it is possible to configure and connect the following options: Russian Roulette, Shoot-Out, Crypto Raiiy (ERC-721 interaction), Rich Me and many others.
Betbox will be available to users in the web version, as well as an application for Android and IOS clients.
bb_screen_1.png
betbox-ico-review-770x415.jpg
Token value and token-sale.

The Betbox ecosystem will have its own OX token, which will be used as a means of payment and as a betting currency for obtaining the Proof of Authority distributed network. In order to increase the value of the token and reduce inflation, some of the tokens of users can be burned in exchange for ETH.
ICO details and token sales.
Token symbol: OX
Marker Standard: ERC-20
1 OX = 0.0004 ETH (discounts are available on purchase)
Soft Cap = 4,000 ETH
Hard Cap = 32,000 ETH
Accepted Payments - ETH
Today, the private sales stage is underway, the beginning of the public sales stage will be announced later. We will follow.
According to the information posted on the Roadmap, the launch of the beta version on Android and IOS is scheduled for Q1 2019, but due to the downward trend of the overall market, the deadlines may be shifted. Well, let's see!
Well, to summarize, I’ll say that the project is interesting to me personally, since I’m a passionate person and I often make bets, mainly on sports and I really know the problems of this industry, in particular, there have been cases of blocking my accounts and large amounts of winnings. If the project really creates everything that it has planned, then it will be interesting to many players. But here a big role will be assigned to the marketing company of the project.
The information presented in the article is purely research in nature and is not an incentive for your investments. Make informed decisions based on your own analysis and experience.

PROBLEMS & SOLUTIONS

Regularly the end-client can't check the uprightness of a service provider and can't evaluate the cash fl ow inside the commitment. This reality can be evaporated with the use of decentralized book-producers in smart contracts.

{} Trust and Transparency
To enable a fair and comprehensive decision-making process, in some of the features in betbox, we integrated an oracle which can be conducted in case of dispute or for voting. This means the real human beings are the sole decision-maker in all processes which cannot be concluded with a smart contract.

{} Service Availability / Down Time
Betbox smart contracts will dependably be running and accessible for serving our clients. Regardless of whether the dApp might be undermined the assets are sheltered at untouched and open through another blockchain get in (access)

{} Scalability of the Ecosystem
In terms of social scalability (target audience) betbox meets the requirements to target a global community from any kind and age* by using ETH and providing a broad device coverage.

TOKEN INFORMATION

TOKEN NAME: OX
TICKER: OX
NETWORK: ERC-20 COMPATIBLE (ETHEREUM)
TOTAL ISSUED SUPPLY: 100 MILLION OX
TOTAL SUPPLY: NIL
PRICE PER TOKEN: 0.00004 ETH PER ONE
MARKETCAP AFTER TGE: 40,000 ETH
ICO HARDCAP: 32,000

TOKEN ALLOCATION

TOTAL TOKEN MINTED: 100 MILLION OX
PUBLIC SALE: 80 MILLION OX
BOUNTY: 8 MILLION OX
RESERVE: 12 MILLION 0X

FUNDS ALLOCATION

RESERVE: 15%
ECOSYSTEM: 35%
BRANDING& MARKETING: 50%

Links for information:
Web site https://betbox.app/

Technical paper https://betbox.app/required/lightpaper-v1-betbox-decentralized-betting-app.pdf

Telegram https://t.me/betboxGlobal

Twitter https://twitter.com/@betbox_OX


mu bounty0x = habieredkill