Bettium platform announces tokensale

Bettium has announced today the token sale to raise funds for its analytical blockchain platform for P2P betting, designed to combine the familiar features of online betting with unprecedented new capabilities, such as a built-in AI assistant, Big Data analytical tools and algorithmic betting. The platform will serve both amateurs and betting professionals in a unified ecosystem based on the blockchain with all its associated advantages: decentralization, reliability, transparency, scalability and unprecedented performance.

“The online betting market is on the threshold of tectonic change. Blockchain will revolutionize the industry, significantly expanding the user base by ushering in new standards for functionality and reliability that will radically change the way individuals interact with each other. The Bettium platform will present a cleaner, more responsible alternative to the traditional bookmaker, fundamentally altering perceptions of sports betting and encouraging wider participation from the community as a whole: bettors, players, advertisers and industry professionals,” says Nathan Alan Hunt, Bettium CEO.

Bettium levels the playing field between professionals and amateurs by providing all users with equal capabilities and the same professional-grade tools, such as the platform’s built-in AI assistant (nicknamed “Merlin”), which will not only process Big Data and help users make educated decisions, but also allow to automatically execute their own betting strategies.

The project expects to capture a significant share of the online betting and gambling market, which has more than doubled over the past decade, according to PWC estimates, and is projected to come close to US$50 billion.

Bettium team has already announced the details of its public crowdsale. The pre-sale of BETT tokens is to begin on May 20 and the open phase of the crowdsale on June 01, 2018. Currently, the company is conducting a private sale. A total of 1,000,000,000 BETT tokens will issued (ERC-20 standard), 1 BETT = 0,05 USD. The company anticipates it will raise up to US$30 million in the token offering (which is the hard cap), with 50 percent of the accumulated sum to be used for creation of the platform and operational costs, 37 percent to be spent on research, marketing and tournaments, and 13 percent to support the company’s legal procedures.