What Is Betrium
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.
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.
Join in ICO Betrium at https://betrium.co/
Join in ICO Betrium at https://betrium.co/
ICO
There are a lot of reasons why we have chosen to do Initial Coin Offering instead of usual ways of raising money. The traditional IPO takes $1m and 9 months minimum; the advanced RTO takes $0.5m and 2 months minimum; as known, funds take too many times.
Join in ICO Betrium at https://betrium.co/
Token
The Betrium tokens (BTRM) are decentralized ERC20 tokens based on Ethereum blockchain. A total of 140m BTRM will be emitted and no tokens will be issued after.
Pre — ICO ( 500% Bonus )
Betrium launches the following stages of Pre-ICO :
- Pre-ICO[1] (1-st stage);
- Pre-ICO[2] (2-nd stage).
Pre-ICO[1] starts on 23 October, 2017, ends on 22 November. *
Pre-ICO[2] starts on 22 January, 2018, ends on 14 February.*
During both stages of pre-ICO tokens will be issued to prepare the initial version of Betrium in its best before the full ICO. Specifically :
- MVP preparation;
- Solution of legal issues (gambling/ICO regulation);
- Marketing campaign;
- Attracting of advisors and sports representatives
Within the pre-ICO stage, Betrium puts up for sale 14 million tokens (10% of all tokens to be issued).
1 ETH = 6000 Betrium Tokens (BTRM) on Pre-ICO [1] and 5000 BTRM on Pre-ICO [2]
- Soft Cap: 320 ETH.
- Hard Cap: 2330 ETH.
ICO ( Join https://betrium.co/ )
The Betrium’s ICO starts on February, 28, 2018, ends on March, 30, 2018. 63 000 000 (45%) Betrium tokens (BTRM) will be distributed during the ICO.The price of BTRM tokens will depend on the number of tokens issued during the ICO :
The funds raised during the ICO and pre-ICO will be spent in the following order:
- Capital for Wins Rewards 10%
- PR & Marketing 40%
- IT Infrastructure Development and Support 22%
- Legal Issues Fixing 4%
- Localization for major languages 1%
- Operational Spends (office, employees, etc.) 8%
- Unforeseen Expenses 12%
- Founders and Developers Bonus 3%
TOKENS ALLOCATION There will be a total of 140 million BTRM tokens in circulation, allocated in the following ways:
- Up to 77 million sold to the general public during the token launch.
- 28 million kept in the Betrium reserve pool for sale.
- 7 million granted to advisors, sport representatives, esports streamers, kept in a multisigned wallet.
- 28 million granted to Betrium founders, management and employees.
- Pre-ICO[1] participants will be allocated 3% of all tokens issued.
- Pre-ICO[2] participants will be allocated 7% of all tokens issued.
- ICO participants will be allocated 45% of all tokens issued.
- SCO (secondary coin offering) participants will be allocated 20% of all tokens.
PROFIT SHARE
50% of Betrium’s profit will share between tokens holders. The rest 50% will be spent on platform developing and support. This means, that if a holder has a 1% of all issued Betrium tokens, he will receive 0.5% share of all net profit.
Example : In the 2017 the investor contributed Betrium and bought tokens for $10 000. He actually received 0.02% share of the overall Betrium company. Later in 2020, Betrium has $200M in annual profit. The investor receives $20 000 as “dividends”.
The profit share is paid in ETH only to wallet addresses, which hold BTRM tokens. Payments to bank accounts are not planned.
ADDITIONAL BENEFITS
Participants of pre-ICO and ICO contributing more than 1200.00 EUR (or more than ~2.00 ETH) will be eligible to receive an individual Betrium Premium Account, which gives unique possibilities :
- Full access to the Closed Betrium BETAs.
- Periodic invitations to thematic events dedicated to sports and e-sports.
- Exclusive commission rates (0.01%) and the lowest service fees.
For more information, please visit links below :
- Website : https://betrium.co/
- Whitepaper : http://betrium.co/betrium_whitepaper.pdf
- ANN Thread : https://bitcointalk.org/index.php?topic=2234870
- Bounty Program : https://bitcointalk.org/index.php?topic=2240704
- Facebook : https://www.facebook.com/Betrium
- Telegram : https://t.me/Betrium
- Twitter : https://twitter.com/betriumBets
- Medium : https://medium.com/@Betrium
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