BETBOX

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Today you won't shock anybody with a site where you can play free betting. These days, diversion on the Internet is very normal, there are numerous pertinent destinations that are as of now known as solid play areas. Presently the system has in excess of 15,000 online assets that have had practical experience in betting. There are both world popular organizations and youthful administrations. One thing is known without a doubt, the enthusiasm for this sort of amusement.stays exceptionally prevalent, which implies that this zone later on will create. With the approach of blockchain innovation, numerous organizations are endeavoring to pass on this sort of amusement to this innovation, since it is exceptionally advantageous, and on account of the blockchain innovation, everything ends up straightforward. What's more, this is essential in the territory of betting excitement. I will be introducing you to a revolutionary platform BETBOX and they have developed a revolutionary fully decentralized ecosystem acting in various DApps with the assignment to provide a fully transparent, fair yet challenging environment for people with a passion for gambling and a sense for competition.

ABOUT BETBOX

BETBOX network is a decentralized, transparent, and P2P (peer-to-peer) betting platform with the core mission of exterminating present challenges faced by bet lovers while providing a safe, seamless and comfortable platform to bet. There are numerous advantages of choosing BETBOX over traditional betting arsenals, BETBOX offers a simple and fair betting platform, giving incentives to users, blockchain technology decentralized betting, security of funds of users, trust and transparency. The BETBOX mobile application will be available for download and installation for Android (google play), iOS (apple) users, and web (desktop) users which are all in English language but more languages will be introduced in the nearest future. On BETBOX ecosystem winners of a particular bet do not only get rewarded, losers who concede to defeat will be incentivized, they are not abandoned like traditional betting providers. OX tokens holders will be rewarded for participating in specific tasks which includes voting, fairness, contributing to the network, and performing actions for their loyalty and adding value to BETBOX.

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The Betbox ecosystem is very different from our other betting platforms elsewhere and nearby. This is reflected in the many benefits that platform users can achieve. For example, users can gain advantage in the platform by their active participation, such as public voting, sports (and accusations), and other actions that have a positive impact on the platform.

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ECOSYSTEM

• Native Currency OX
  OX will be used as means of payment and will be utilized to participate in certain features and bets and act as staking currency to obtain a distributed proof of authority network.
• Smart Contracts
  We developed a smart-contract bundle based on Solidity performing all actions within betbox in an immutable and transparent way without risking any attacks
• RNG
  We utilize pseudo-random information from the future (block hash) to execute a random number generation on the blockchain. The RNG is used for lucky games and gambling.
• Oracle
  Our oracle is used to solve disputes and to find a consensus on public matters. For this matter we integrate Verity into our ecosystem in order to create a global betting infrastructure for people powered by people.
• OX-Sidechain
  The deployment of a secondary blockchain responsible for processing small transactions is a necessary step to enlarge the applications in the betbox ecosystem.
• OX-Relay
  will provide a reliable relay between the Ethereum public mainnet and the OX-sidechain. To guarantee a seamless integration betbox works together with a partner company specializing on this subject.

THE UNIQUENESS OF BETBOX

• Transparency and Trust
  Betbox is boosting trust between web based speculators by permitting a decentralized betting background that is prepared through keen gets that can't be controlled, with the utilization of savvy contracts instances of traps and tricks will be stayed away from through the disposal of manual handling, this will ingrain trust in the betting business that will draw in more clients to the market.
• Reduce Fraud
  Using brilliant contracts, exchanges will be handled and recorded on conveyed records that will make clients progressively secure and limit the instances of misrepresentation by programmers. clients rewards are forms through brilliant contracts and this makes it conceivable to forms exchanges in a decentralized situation.
• Paying with Cryptocurrency
  Betbox clients will have the capacity to execute through digital forms of money, this will lessen installment preparing costs and empower a quick handling rate not at all like exchanges forms through fiat, the capacity to execute through cryptographic forms of money will likewise enable the market to tap on a worldwide market that was limited by administrative locales.

The utilization of digital currencies on the Betbox stage will make stores and withdrawal quick and in the meantime lessen the expenses related with them be wiping out middle people, for example, banks frame the framework.

• Reduce House Edge Costs
  Through a tokenized economy, the normal level offer of Betbox deducted from exchanges is diminished since the application is decentralized and mechanized, the house edge is an exorbitant issue to card sharks and Betbox will cut expenses related with exchanges preparing enabling its clients to expand on their benefits. Betbox will have the capacity to bring down this expenses since its overhead expenses are bring down contrasted with conventional betting administrations suppliers.

Betbox Token

betbox will issue its own platform token known as OX. OX will thus be the native currency of the betbox ecosystem, the lifeline of the platform itself and that which gives it its core value. OX would be a mineable token. Users on the platform would be able to mine OX through their activities on the platform. In other words, the token would have a proof of activity mining mechanism which any user can tap from. OX would be ERC-20 compatible token since the betbox platform itself would run on the ethereum blockchain.

Betbox platform would organize a token generating event/ICO to raise funds to build the ecosystem. A total of 100,000000 OX would be issued during the events. Of the total volume above, 80,000000 OX would be sold during the pre ico and ico to the respective participants. 8,000000 OX are budgeted for bounty, while 12,000000OX would be locked up in reserve for future development of the platform. The targeted hard cap during the event is 32,000 ETH.

Betbox platform would also organize a quarterly token burn of OX. The burnt tokens would be bought back from volunteering users with about 20% of the profits accruing to the platform. As expected, this event is sure to have a positive impact of strengthening the value of the OX token.

Token and ICO Details
Token name: OX
Token type: ERC20 Ethereum Token
Token issue: volume 100’000’000 OX
Token max supply: none
Token for sale: 80’000’000 OX
Tokens for Bounty: 8'000'000 OX
Betbox reserve: 12’000’000 OX
Price for sale: 0.0004 ETH/OX
MarketCap after TGE: 40’000 ETH
Hardcap ICO: 32’000 ETH

Funds Usage

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Advantages of Betbox

Bets can be placed by the public or by friends
Users can set up crazy challenges and get rewarded with 10% of the jackpot as a reward
Everyone can predict if you can hold your word with a bet on you or against you
Live feed functionality make you see what is happening at any point in time
Security of user’s wallet with the latest security functionality

For more information, please visit the links i have provided below;

Website: https://betbox.app/
Whitepaper: https://betbox.app/required/whitepaper_betbox_v1.pdf
Facebook: https://www.facebook.com/betbox2018/
Twitter: https://twitter.com/@betbox_OX
Telegram: https://t.me/betboxGlobal
Medium: https://medium.com/betbox-ox
Instagram: https://www.instagram.com/betbox_ox/
Github: https://github.com/betbox
Bitcointalk: https://bitcointalk.org/index.php?topic=5026661.0

BountyOx Username : BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409