BetterBetting - ICO

Summary

BetterBetting is better dependent on effective technical implementation to achieve its goal of providing a liquefied pool of global conditions. With the development of professional needs, technical checks have been conducted with the aim of finding the optimal technical solution. In fact, this goal is to provide a pool of global betting liquidity for use by target market makers and bettors. In principle, any island can offer based on a real sporting event, traditionally known as a condition

Each betting condition will be grouped by market and event and will be listed in a searchable directory. Bets who want to place a bet, they can search the directory and find the conditions they want. The betting acceptance process involves blocking atorail to save contracts, which hold shares and liabilities in escrow - the system will use self-issued token bets (BETR). When the event is over, the wages associated with the event can be fulfilled. To set the conditions, the selection results should be determined.

The Smart Bond contract will contain information about the parties that will provide the results of the selection. In terms of the condition of this game book, this is usually a Bet Offer Creator ( condition condition ). Another solution is to show a third party on the results ( this could be a data feed ) or a special third party. Nodes can point to node nodes - it will be completed according to a set of rules based on all other similar settlements.

One application and two related systems

For other systems on top of the Etherem network, contract management and token bets will be used for interfaces and manufacturers to run betting directory services as distributed databases to deliver UX and Bettors Island bids. This system is what we call 'Best Betting Node' ( BBN ).

BBN is a downloadable app that is installed on a user's device and includes aethormum wallet. This is similar to blocking apps, as long as the central server and nodes are not communicated to each other to maintain database status. BBN does not have to store data indefinitely, and this is the aspect that distinguishes it from standard blockchain networks, where each node ( or I ) stores a full copy of the transaction account

How it works for everyone

There are two sides that bet, in our words, we call the party that makes the bet 11 as the BAT maker (or install it). Traditionally it will be a sports book, but in our case, no one can be a producer. On the other hand, the offer offer offered ( or part of its offer ) is called the dough

From the perspective of Bettors, they basically want to see a list of sporting events and betting options with the existing obstacles and limitations. By selecting a condition option and applying the number of conditions, a condition can be performed. For BET Builders, they want to be able to create a series of conditions offer with betting options, opportunities and reach ( maximum risk risk ) and put them in the betting directory so that Killers can tell them above. It is estimated that a standard Bbn API will be created, so Creative Beat can be directly integrated with its own system, so that Creative Content offerings can be automatically offered.

It is important to know above this system that when the game is scheduled and when the results should be done, the APIs available for sports books can be used to add samples of data feed providers and BSB. This will facilitate the creation of automatic events, markets and choices and can also make the results convenient. One of the main features of this directory is to provide Event ID, Market and Selection so that event data can be combined with the creator bet system. The Event ID will include the primary feed provider ID and may include the Creator ID

The structure of three layers of Bbn

To provide a technical solution to these requirements, a three-tiered application is considered which may be described as follows :

Why Better Betting

• Refer to Peer bets without central party
• Very fair and unbreakable
• Application of other gaming activities
• All software will be open source and available for free
• Access to bets in more jurisdictions
• Access to a much larger bet - the liquidity of global bets
• There is no risk for passengers from underfunded operators
• Designed by industry for this industry

Sales Token

The development and marketing of the system will be funded through the issuance of token bets (BETR). The number of BETR tokens is difficult to close, with an increase in liquidity facilitated by an increase in the value of tokens. There will be an early bird bonus system built at ICO to provide initial investment incentives, according to the following schedule :

Backup for future publications

Token reserve funds will be created as part of an early token event that will be sold in the market based on the foundation's policies. This reserve fund is not more than 10% of the amount issued in ICO and will be trusted and not released for at least 12 months. There is no further evidence to be made besides the ongoing maintenance token.

Ongoing Maintenance Token

Ongoing maintenance evidence will be made periodically by the foundation and sold on the market to replenish the burnt token as part of the transaction fee. The transaction fee will be based on the underlying gas price consumed by the transaction and will be set per transaction regardless of the amount of the bet.

$30m Hard Cap

Once the target $30M in ICO sales is reached there will be no further token sales apart from maintenance tokens and reserve funds. The total token pool is hard capped at 650,000,000

Will seek to secure a Listing on Leading Exchanges

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ICO ( $2m - $30m )

November 2017

• Founders & Staff 24%
• Early Stage Investors 5%
• Advisors & Bounty 7%
• ICO 55%
• Reserve Fund 9%

Roadmap

• Design and Setup - October 30 2017

Preparation for launch, PR, Corporate Technology.

• Launch and Presales - November 22 2017

Public Announcement, Website go live, Active marketing starts. Presales start to Institutions. Countdown to Public Sales.

• Public Sales - December 15 2017

Public Sales Start

• Token Tradable - January 2018

Final end to Public Sales if not ended sooner Token tradable within 2 weeks

• Betting API Launched - March 2018

Initial Betting API defined Token Encapsulates API. Bets can be placed using tokens

• Directory V1 - May 2018

First version of Better Betting Node released

• Authentication and Identification - July 2018

Launch of Identified Layors Introduction of Authentication

• Betting Dapp - September 2018

Reference code for betting Dapp released

• Bookie Dapp - September 2018

Reference code for Bookie app released

• Directory V2 - October 2018

True Decentralisation comes to the Directory

Team

Adriaan Brink - Founder

iCoinsFounder (2007) pioneer of Crypto-Currency

Brink started professional programming on ICL and UNIVAC mainframes that performed statistical analyzes of major surveys in 1984.

After witnessing the potential of the Internet and the success of the British National Sweepstakes, in early 1995 the idea was born to internet-based sweepstakes. Operating from Liechtenstein Brink founded InterLotto - the first Internet lottery in the world and soon made its position as the leading e-commerce site in Europe. In 1997 the International Federation of Red Cross and Red Crescent reached agreement to become the main beneficiary and the site was named PLUS Lotto.

As CEO of The International Lottery at Liechtenstein Foundation, the lottery operator, Brink designed the system and directed the design and development team. He also takes care of marketing, sales and charity relationships.

In 1998 Brink is the founding director and CTO of Earthport (www.earthport.com) - a UK based Payment Services Company that specializes directly from Internet bank payment mechanisms. Earthport is registered with AIM in the UK.

In 2001 Brink formed Zabadoo AG and purchased the lottery system from Earthport. Zabadoo expanded the market to include brand new 3rd party brand marketing bonuses.

In late 2004 Brink joined the Mahjong Mania team to bring in money, Mahjong's internet multiplayer to the world. Mahjong Mania is the main business activity of TSX registered in the company Dynasty Gaming Inc. (TSX: DNY). He is President of Mahjong Systems Limited for 4 years and has been instrumental in pioneering Mahjong multiplayer on the Internet.

In 2007 Brink formed ICoins Limited and introduced his new concept by way of money to move on the Internet. iCoins is an idea ahead of time and many concepts are similar to Bitcoin.

In 2010, Brink refocused its development resources into apps for smartphones and social networks. He has released a number of these including a mobile sportsbook (iphone, ipad, android, blackberry) and some innovative Facebook apps.

In 2011 Brink formed Socialitize Ltd. to develop and operate sports-oriented sports betting applications on Facebook and mobile. Socialitize owns and operates 2BET2 prediction games on Facebook (www.2bet2.com), smart phones and tablets.

Since February 2015 Brink has consulted with Gamesys Ltd in London, England to build a new sports book.

Ian Sherrington - CTO

Created the first Internet Sportsbook in 1996 Intertops.com

Ian is perhaps best known in the industry for proposing and then creating the first ever Internet Sportsbook in January 1996 - Intertops.com. After 21 years, the first and the best is still online !

As Technical Director of Intertops since its founding in 1983, Ian oversaw many new innovations such as the first sportsmanship license in the UK and many technical advises with voice recognition telephone betting systems, OCR betting coupons and the introduction of a personalized betting coupon printing system.

Following the success of Intertops.com, Ian was one of the first to integrate online casino, payment systems and wrote one of the industry's best known affiliate programs.

During 2003, Ian founded Mahjong Mania in Montreal, Canada. Mahjong Mania created the first aggregated cash-play Mahjong game and was successful in signing up many of the best known online casinos and software suppliers. During 2005 Mahjong Mania reversed into Canadian publicly traded company which later became Dynasty Gaming.

After Canada, Ian moved to Singapore where he created a Live Bingo system and a P2P Mobile Betting Solution as well as being a consultant by many major online gaming companies in the region.

Over the last few years, Ian has developed a P2P Betting Exchange incorporating an In-Play Cricket Betting game which can be applied to Blockchain technologies.

Hilly Ehrlich - Founder
Director of the Fastest Growing Poker Network in the World

Hilly has worked in igaming operations for over fifteen years. He currently holds executive roles in PartyGaming PLC and WPT (Nasdaq). He has also consulted companies such as Churchill Downs (CDI) on market strategies and products. He is currently also the director of the fastest growing online poker network in the world, GGNetwork, rooted in Asia, where he has spent the last seven years.

Although most of this time has been spent in the online poker world, he has also developed a relationship in sports betting and currently holds a UKGC operator license.

He brings a vast global network of igaming colleagues and colleagues to this exciting new venture.

Mitchell Rankin - Management team
Mitchell Rankin is the founder and CTO of Optimaplay

an Estonian development company that provides development resources for the project. He founded the Snowcat Company Group in 2012. The Snowcat Game is sold to major online carriers in 2016. He brings 15 years of experience in major sweepstakes and game companies, along with his passion and drive to excel. Previous roles have spanned across the gaming range including managing the technical area of ​​25,000 FOBT machines worldwide, creating raffle and game systems, and Chief Technical Architect from major online carriers. These roles include responsibility for large-scale software development, game development, deployment, and integration efforts, as well as budget and management control.

Previous roles include Head of Engineering - Scientific Game, Chief Architect & Software Development Manager - Scientific Game, Senior Software Developer - Cadillac Jack, Founder and CTO Snowcat Games and Chief Technical Architect Gamesys.

Vlad Agaev - Consultant

Vladimir Agaev is a young and talented Blockchain developer. He is also known as Vlad Wulf, the popular Blockchain instructor. Vladimir has conducted many seminars and webinars educating developers and businesspeople about Blockchain technology.

Armed with legal and computer science backgrounds, Vladimir is experienced in the Ethereum, smart, and Blockchain full-stack contracts. He has worked with beginners and with major banking institutions helping them build solutions on Blockchain technology.

Vladimir's skills range from low-level technical expertise to high-level architectural solutions.

adviser

Ronnie O'Sullivan - Advisor
The Greatest Snooker Player to Ever Live

"Rocket" Ronnie O'Sullivan, OBE is popular regarded as one of the greatest snooker players of all time. He is noted for his rapid playing style, mercurial temperament, and his ambivalent relationship with the sport, from which he has taken prolonged sabbaticals and repeatedly threatened to retire.

A childhood snooker prodigy, O'Sullivan made his first century break at the age of 10, and his first maximum break when aged 15. He turned professional in 1992, at the age of 16, and soon earned the nickname "The Rocket" because of his rapid playing style. He achieved his first major professional success when he won the 1993 UK Championship at the age of 17 years and 358 days, making him the youngest player ever to win a ranking title-a record he still holds. He is also the youngest player to have won the Masters, having captured his first title in 1995 at the age of 19 years and 69 days.

His record in Triple Crown events now stands at five World Championships, a record of seven Masters, and five UK Championships titles. His career total of 28 ranking puts him in second place on his prize money list.

Known as a prolific break-builder, O'Sullivan holds the record for most competitive breaks in professional competition (13), and for the fastest competitive maximum break, compiled in 5 minutes and 20 seconds.

Ronnie is hugely popular in Asia and has a passion for sports betting.

Jon Matonis - Advisor
Founding Director of the Bitcoin Foundation

Jon Matonis is a founding director of the Bitcoin Foundation and his career has included senior influential posts at VISA International, VeriSign, Sumitomo Bank, and Hushmail.

An economist and e-Money researcher focused on expanding the circulation of nonpolitical digital currencies, Jon also serves as an independent board director for companies in the Bitcoin, the Blockchain, mobile payments, and gaming sectors. Jon has been a featured guest on CNN, CNBC, Bloomberg, NPR, Al Jazeera, RT, Virgin Radio, and numerous podcasts. As a prominent fintech columnist with Forbes Magazine, American Banker, and CoinDesk, he recently joined the editorial board for the cryptocurrency journal Ledger. His early work on digital cash systems and financial cryptography has been published by Dow Jones and the London School of Economics.

Jon advocates worldwide for Bitcoin and its disruptive economic implications for a variety of audiences, including members of the Federal Reserve, Bank of England, ECB, SWIFT, IRS, DOJ, retail payment networks, major financial institutions, financial regulatory bodies, mobile money issuers, iGaming operators, information security firms, hedge funds, gold investors, and family offices.

Jez San OBE - Advisor
Jez San OBE, is the founder and CEO of Funfair.io

developing casino games on the blockchain - which had a successful ICO in July 2017. He was inspired to become a computer game developer in the 1970s, and after playing the first ever massively multiplayer game Multi-User Dungeon (MUD) he founded one of the earliest British games developers, Argonaut in 1982, creating multiple multimillion-selling video games including Star Fox, Croc, and Harry Potter. Jez was a pioneer in the field of real-time 3D computer graphics and his first game, StarGlider, was one of the earliest 3D games ever published. He co-invented the Super FX graphics RISC processor for Nintendo, the first custom chips to render 3D computer graphics in a game system.

Jez has maintained an active role in computer games and online gaming, including work with console game developers Ninja Theory, mobile developer Origin8 and until recently PKR.com, a leading 3D online poker room. Jez is also an arctic investor of Kraken's Kraken.

Eric Benz - Advisor

Eric Benz has over 10 years of experience working in and around Financial Technology. He has delivered innovative SaaS systems for some of today's biggest institutions around payments, identity, and banking infrastructure.

Eric has been in the Blockchain space since 2012 and is involved in a number of blockchain and fintech businesses both as an investor and board director. He currently serves as Managing Director for one of the UK and EU's longest running Bitcoin exchange and merchant processor, Cryptopay.

David Vanrenen - Advisor

David Vanrenen has had a long and distinguished career in the financial markets. In 1969 Vanrenen was involved as a partner of Cliffe, Neal and Co, before subsequently moving to Mathison Hollidge, a large South African broking house, in 1975. Vanrenen was responsible for developing the South African bond market, and was a member of the Johannesburg Stock Exchange Committee for two years. In 1982 Vanrenen moved to Australia, where he founded the investment bank, Australian Gilt Securities. In 1987 the company was acquired by Rand Merchant Bank, and Vanrenen remained as Chairman for a further two years. More recently, in 1992, Vanrenen established Equisoft Ltd., which developed front-end quantitative analytic systems with Reuters. In 1997 Vanrenen was responsible for building Earthport, a leading internet payment system, where he was Chairman until 2002.

Michael Caselli - Advisor

Michael Caselli is considered one of the world's leading experts on international gaming and CNBC, MSNBC and the BBC.

Since beginning his career in iGaming in 1996, Michael has shared his expertise in the sector as the editor / publisher of several iGaming magazines; and by participating as organizer, host, chairman and moderator for leading international interactive gaming conferences.

Today, Michael is a sector investor, an entrepreneur and an advisor for companies in the iGaming space. Additionally, Michael also spends his time philanthropically, working on The Caselli Foundation, advancing educational opportunities in iGaming.

Michael holds an MBA with a thesis subject on iGaming, and has been honored by multiple groups for his publications and for his expertise. He has been honored as a Leader in Gaming by the Global Gaming Expo where he has spoken and chaired on a variety of iGaming topics.

Michael is a Director and Head of Strategy at iGaming Business / Clarion Gaming, where he works actively on a variety of publications and conferences; and organizes social events for the industry including Fire & Ice, the iGaming industry's oldest and largest social gathering.

Rasmus Sojmark - Advisor

CEO & Founder of SBC, Rasmus has 15 years of industry experience, with an early career start as commercial director of BetBrain.com, and founding team member of EveryMatrix. In 2009 he founded SBCGlobal ( a successful events, news and media business ) and Oddslife.com ( a b2b social sportsbook platform ).

He holds a University Masters Degree in International Marketing, with a dissertation that researched and analyzed both online and land based sports betting behavior. His work was later presented and published in academic books at Aalborg University.

While at EveryMatrix he won EGR Awards for Best Sportsbook Innovation 2010, Sports Betting Rising Star 2011 and special commendation for White Label Partner of the Year 2011. In 2008 and 2009 he won back-to-back IGB Awards for Best Sports Betting Affiliate and the Best Overall Affiliate with BetBrain.com.

Dennis Van Maanen - Advisor

Dennis van Maanen has worked with iGaming companies since 2002. Initially, as a recruiter, and more recently as a matchmaker for M & A, JV's, partnerships, funding, expansion and staffing. As founder and chairman of Esanda Consulting, he led the sale of the business to a Fortune 500 company. As an Angel investor, he continues to help technology companies grow. Through Esanda Recruitment he continues to lead the way in executive search for staff.

For more details and join the current Better Betting project please follow some of the following links:

• WEB SITE : https://betterbetting.org/
• WHITEPAPER : https://betterbetting.org/BETTER_BETTING_Foundation_White_Paper.pdf
• ANN THREAD : https://bitcointalk.org/index.php?topic=2582662
• BITCOINTALK : https://bitcointalk.org/index.php?topic=2633589.0

Author Article : Lelaapril2004

BitcoinTalk : https://bitcointalk.org/index.php?action=profile;u=1505192

ETH : 0x0bF3d407cF25D98886d707d2355E7Cd00191c142