Bethereum

Our Analysis

Team: 6.2

Feasibility: 6.5

Product: 6.5

Overall Rating: 6.4

Short Description: Bethereum is an innovative betting platform built on blockchain technology. Fully decentralized and designed to tackle the key challenges of conventional betting, it delivers a host of innovative social and gamification features.

Category: Casino & Gambling

Category: Tokens Cryptocurrency

Website: https://www.bethereum.com/

Whitepaper: https://www.bethereum.com/Bethereum-Whitepaper-EN.pdf?v=01

Github: Click to visit

BitcoinTalks: Click to visit

Twitter: Click to visit

Medium: Click to visit

Facebook: Click to visit

Starting with sport betting, the vision is to develop a broad B2C and B2B ecosystem and establish the Bether token as a global betting standard.We are already alpha testing the use of Smart Contracts for betting on the Ethereum test chain. Our goal is to eventually deliver instant payouts, unlimited winnings and transparency in fund management through our use of Ethereum technology. We’ve already registered more than 30,000 sports bets placed in our Alpha build.Our project has been met with widespread acclaim. We were among the finalists of the 2018 ICO Race, an event where over 150 projects applied. Bethereum also placed top 3 at Malta’s d10e Conference pitch contest.At the core of the platform is the Bether token, which will be used for all interactions. The initial token sale will distribute 1 billion tokens and the proceeds of these funds will be used to expand Bethereum.

Why are we interesting for contributors?

▪  Alpha-tested betting Smart Contracts

▪ Over 15,000 bets placed in Alpha

▪ B2C and B2B business model

▪ Developer SDK and BetherNet protocol for third-party betting applications

▪ Easy purchase of tokens through our Bethereum Wallet

▪ Clear and easy-to-understand use-cases

▪ We’re following an empirically-proven business model.

▪ Bethereum is a highly versatile platform that is designed for scalability.

Token Sale: 60%Team & Advisors: 20%Long Term Budget: 12%Token Sale Costs: 5%Bounty: 3%

Scalability

▪ A platform that is designed to accommodate much more than just sports betting.

▪ Our business model is made to easily scale onto a global level.

▪ Anyone can build their own betting application using our developer SDK.

Transparency

▪ Smart Contracts secure funds and add transparency to betting.

▪ All bets involve no middlemen and are trustless interactions between private individuals.

▪ Trusted Oracles validate match results and ensure fairness.

Entertainment

▪ Designed to increase user retention through gamification.

▪ A strong social element in betting increases user retention.

▪ Special events and rewards keep users engaged

Simplicity

▪ The simplest account creation of any betting platform.

▪ A user-friendly platform for everyone.

▪ An interface that is intuitive even for the most casual bettors.

Other

▪ Targets the emerging market segment of casual bettors.

▪ Has a deflationary ERC223 token.

▪ Social betting is seen as more fair than conventional betting.

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