Ended ICO : 30/01/18 – 28/02/18
Betrium is the solution offering the first partlydecentralized worldwide betting service with zero-commissions accepting crypto-currencies.
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Betrium is the solution developed by group of entrepreneurs and MIT & MIPT graduates offering the first partlydecentralized worldwide betting service (betting exchange & sportsbook) with zero-commissions accepting crypto-currencies and offering platform for event organizers, developers and thirdparty service providers.
As a part of an IT outsourcing firm, our Team once had a project related to sports betting services (odds analysis and betting automation). During the process of development, we faced the three obvious problems: in most cases, bookmakers’ commissions and fees are absolutely unfair; they accept only national currencies (USD, EUR, RUB) and allows money withdrawing in limited countries only; the betting providers are completely unfriendly to developers and bots.
We made some research of the betting and gambling markets and bookmakers’ business model. After months of analysis, our Team came to the conclusion of building own advanced and fair service based on powerful blockchain technology.
In Betrium bets happen off-chain and only added when the event happens and the outcome is undeniable. However the bets are broadcasted all over the network instantly for the odds to be recalculated. That means, in contrast to competitors, we are able to provide high-speed betting service built on decentralized IT architecture.
In project financing, called “Initial Coin Offering” (ICO) has caused a breakthrough. That has contributed to the development of a new economy, which in its turn has opened up opportunities unimaginable in any traditional economic system. The phenomenon is ICO got world’s resonance because of its ability to provide access to the global investment market for fast and safe project fundraising.
The main difference between Betrium and other projects is the business model that actually makes money for founders, investors and customers. So Betrium is launching ICO to raise funding and to make the world’s most advanced gambling platform.