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Introducing a decentralized betting and prediction market ecosystem that will allow its users to place bets on any market created by the community. With the use of blockchain technology, the combination of betting and prediction markets and our betting exchange con- cept, BX will create a whole new level of user experience THE PROBLEM In recent years the online sports betting industry has been characterized by strong growth, and is still a fast-growing and highlysegmented market with a lot of players invo- lved. Since 2009 the online gambling market has doubled in size, and currently has a volume of nearly 60 Billion USD. However despite this prodigious growth, the industry has experienced decreasing levels of trust and a lowered reputation in recent years. The traditional online bookma- ker faces many problems, including the lack of trust, a lack of transparency, regulative encroachment, and strict regu- lations, all of which stem from their centralized structures. Companies are in charge of the outcomes, odds, and even player funds, which ends up in a lack of transparency and trust for the end user. OUR SOLUTION Our decentralized, blockchain-based approach removes nondistributed processes and allows players to benefit from full transparency and total control over their betting experience. The BX betting platform will eliminate all thre- ats and weaknesses from the current betting market, whilst using smart contract technology to cut transaction and operational costs significantly. THE TOKEN The BX token is designed to enable the full functionality of BX, which makes it an integral part of the ecosystem. The BX token is capped in its total supply, tradeable and can be divided into smaller fractions, so that it can grow in value and serve the complex requirement profile of the BX ecosystem. The BX token will be the enabler for all BX betting applica- tions. It will be utilized as a store of value, which can be used to conduct all transactions inside the BX ecosystem. It will be used to place bets, create betting events and claim rewards and prize money. All BX tokens will be issued exclusively during the ICO period. At the end of the ICO period, the token will be transferred to the ERC-20 wallet of the contributors and is ready to be traded on different cryptocurrency exchanges. MEET THE TEAM BX will implement its multiplatform strategy straight from the beginning to create a complete decentralized betting ecosystem PEER-TO-PEER On BX every user can place bets without a middleman. The BX ecosystem is transparent and all winnings stay within the community. DECENTRALIZED On BX, the whole betting process is given back into the hand of the users. All betting transactions run autonomo- usly, securely and transparently on the blockchain, and the players remain in full control of their betting actions and funds at all times. FAIR Without a centralized authority, on BX everyone can become a bookmaker and offer odds. The odds represent solely the probability of occurrence of a specific outcome, resulting from the aggregated opinions of the players. NO LIMITATION BX provides its users the unlimited freedom of creating their own markets, acting as a bookmaker, accepting bets, or offering their own odds at any time. There are no restrictions on the type and amount of bets, as the com- munity decides whether a bet or a market gets accepted. Interactive web-platform Desktop application / wallet Native mobile apps Web plugins Api Token Sale terms CAPS Soft cap: 5 000 000 USD Hard cap: 20 000 000 USD EXCHANGE RATE 1 BX Token = 0.19 USD ACCEPTED WAYS TO CONTRIBUTE: ETH, BTC, WireTransfer THE BX ECOSYSTEM „THE FUTURE IS DECENTRALIZED” THE DECENTRALIZED BETTING EXCHANGE BETTING EXCHANGE The BX betting exchange forms the central hub, for its users to bet on the outcome of a market. BX SMART CONTRACTS All BX betting transactions will run autonomously by using Smart Contract Technology. BETTING MARKETS BX will offer two types of betting markets within the ecosystem: private and public markets. FEE STRUCTURE BX will establish a fair and transparent fee structure, with innovative components included. The overall fee will be significantly lower than traditional industry standards. MARKET OWNER Becoming a bookmaker has never been so easy. In the BX ecosystem, any user can become a Market Owner and receive a share of the market they have created. ORACLE BX will introduce the BX outcome determination voting system as an internal and decentralized Oracle to provide the outcomes of our events securely and reliably. Crowdsale Team Advisor Bounty/Affiliate Reserve Development Marketing Legal Operation Miscellaneous TOKEN DISTRIBUTION Total supply: 200 000 000 BX Token FUNDS ALLOCATION 5% 15% 60% 10% 10% 15% 5% 50% 25% 5% 2018 https://bx.bet/en/ https://bx.bet/static/files/whitepaper.pdf TEAM EXPERIENCE The BX team has collectively more than 90 years’ diversified experience and brings to the project a holistic grasp of the online business ecosystem. Our team has been working with ventures ofall sizes, markets and industries. We live and breathe entrepreneurship, and have been launching and developing new iGaming ventures with exceptional effciency and an outstanding success rate for years. Our passion, creativity and professional execution skills are the three building blocks underpinning our success. Our tremendous experience in the iGaming industry helps us to understand the needs of the players, and implement solutions to create the ultimate user experience. CHRISTIAN HEINS ISAAC SANT DANIEL BRADTKE GABRIEL VOLLMANN MATTHEW PISCOPO BEKA TOMASHVILI CHRISTIAN LENZ ALLISTER BAJADA GIGA CHKHIKVADZE GABRIEL DEMIRCI DR. JOSEPH BORG JOSCHKA KUPICH DIANE DALLIS LUKA ONIANI

THE DECENTRALIZED BETTING EXCHANGE · Introducing a decentralized betting and prediction market ecosystem that will allow its users to place bets on any market created by the community

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Page 1: THE DECENTRALIZED BETTING EXCHANGE · Introducing a decentralized betting and prediction market ecosystem that will allow its users to place bets on any market created by the community

Introducing a decentralized betting and prediction market ecosystem that will allow its users to place bets on any market created by the community. With the use of blockchain technology, the combination of betting and prediction markets and our betting exchange con-cept, BX will create a whole new level of user experience

THE PROBLEMIn recent years the online sports betting industry has been characterized by strong growth, and is still a fast-growing and highlysegmented market with a lot of players invo-lved. Since 2009 the online gambling market has doubled in size, and currently has a volume of nearly 60 Billion USD. However despite this prodigious growth, the industry has experienced decreasing levels of trust and a lowered reputation in recent years. The traditional online bookma-ker faces many problems, including the lack of trust, a lack of transparency, regulative encroachment, and strict regu-lations, all of which stem from their centralized structures. Companies are in charge of the outcomes, odds, and even player funds, which ends up in a lack of transparency and trust for the end user.

OUR SOLUTIONOur decentralized, blockchain-based approach removes nondistributed processes and allows players to benefit from full transparency and total control over their betting experience. The BX betting platform will eliminate all thre-ats and weaknesses from the current betting market, whilst using smart contract technology to cut transaction and operational costs significantly.

THE TOKEN

The BX token is designed to enable the full functionality of BX, which makes it an integral part of the ecosystem. The BX token is capped in its total supply, tradeable and can be divided into smaller fractions, so that it can grow in value and serve the complex requirement profile of the BX ecosystem.

The BX token will be the enabler for all BX betting applica-tions. It will be utilized as a store of value, which can be used to conduct all transactions inside the BX ecosystem. It will be used to place bets, create betting events and claim rewards and prize money.

All BX tokens will be issued exclusively during the ICO period. At the end of the ICO period, the token will be transferred to the ERC-20 wallet of the contributors and is ready to be traded on different cryptocurrency exchanges.

MEET THE TEAM

BX will implement its multiplatform strategy straight from the beginning to create a complete decentralized betting ecosystem

PEER-TO-PEER On BX every user can place bets without a middleman. The BX ecosystem is transparent and all winnings stay within the community.

DECENTRALIZED On BX, the whole betting process is given back into the hand of the users. All betting transactions run autonomo-usly, securely and transparently on the blockchain, and the players remain in full control of their betting actions and funds at all times.

FAIR Without a centralized authority, on BX everyone can become a bookmaker and offer odds. The odds represent solely the probability of occurrence of a specific outcome, resulting from the aggregated opinions of the players.

NO LIMITATIONBX provides its users the unlimited freedom of creating their own markets, acting as a bookmaker, accepting bets, or offering their own odds at any time. There are no restrictions on the type and amount of bets, as the com-munity decides whether a bet or a market gets accepted.

Interactive web-platform

Desktop application / wallet

Native mobile apps

Web plugins

Api

Token Sale terms

CAPSSoft cap: 5 000 000 USDHard cap: 20 000 000 USD

EXCHANGE RATE1 BX Token = 0.19 USD

ACCEPTED WAYS TO

CONTRIBUTE: ETH, BTC, WireTransfer

THE BX ECOSYSTEM „THE FUTURE IS DECENTRALIZED”

THE DECENTRALIZED BETTING EXCHANGE

BETTING EXCHANGEThe BX betting exchange forms the central hub, for its users to

bet on the outcome of a market.

BX SMART CONTRACTSAll BX betting transactions will

run autonomously by usingSmart Contract Technology.

BETTING MARKETSBX will offer two types of betting markets within the ecosystem:

private and public markets.

FEE STRUCTUREBX will establish a fair and

transparent fee structure, with innovative components included. The overall fee will be significantly

lower than traditional industry standards.

MARKET OWNERBecoming a bookmaker has never been so easy. In the BX ecosystem,

any user can become a Market Owner and receive a share of the

market they have created.

ORACLEBX will introduce the BX outcomedetermination voting system as an

internal and decentralized Oracle to provide the outcomes of our events

securely and reliably.

Crowdsale

Team

Advisor

Bounty/A�liate

Reserve

Development

Marketing

Legal

Operation

Miscellaneous

TOKEN DISTRIBUTIONTotal supply: 200 000 000 BX Token

FUNDS ALLOCATION

5%

15%

60%

10%

10%

15%

5%

50%

25%

5%

2018

https://bx.bet/en/https://bx.bet/static/files/whitepaper.pdf

TEAM EXPERIENCE

The BX team has collectively more than 90 years’ diversified experience and brings to the project a holistic grasp of the online business ecosystem.

Our team has been working with ventures ofall sizes, markets and industries. We live and breathe entrepreneurship, and have been launching and developing new iGaming ventures with exceptional effciency and an outstanding success rate for years.

Our passion, creativity and professional execution skills are the three building blocks underpinning our success.

Our tremendous experience in the iGaming industry helps us to understand the needs of the players, and implement solutions to create the ultimate user experience.

CHRISTIAN HEINS

ISAAC SANT DANIEL BRADTKE

GABRIEL VOLLMANN MATTHEW PISCOPO

BEKA TOMASHVILI

CHRISTIAN LENZ

ALLISTER BAJADA

GIGA CHKHIKVADZE GABRIEL DEMIRCI DR. JOSEPH BORG

JOSCHKA KUPICH

DIANE DALLIS

LUKA ONIANI