Bitcoin Forum

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WEBSITE- Released. www.betxoin.info
WHITEPAPER- Released. Available on website.
DISCORD- https://discordapp.com/invite/94YFyjP
TWITTER- https://twitter.com/betxoin
GITHUB- After Blockchain launch.
BLOCK EXPLORER- After Blockchain launch.
BLOCKCHAIN- Launch in two weeks. (Time allotted for familiarization with the project and Pre-Sale stage.)
PRE-SALE- Considered started with the publication of the topic. Only 20 MNs. First 5 at the price of 0,5 BTC and 1 BTC for remaining 15.
BETTING SERVICE- Ready for 70% at the moment.
Exchanges- In few days from the start of the Blockchain.  We focus on crypto-bridge and graviex.

Baunty/Airdrops- Shortly before Blockchain launch.

BETCOIN Specification

Ticker: BETXC
Algorithm: NeoScrypt
Blocktime: 120 seconds (2 minutes)
Block Reward: 15 BETXC ( halving every 630 000 blocks)
Estimate Supply: 21 000 000
Required: 1000 BETXC for Masternode
Premine: 10%
Masternode: 70% Block Reward
Difficulty Retargeting: Each block (DGW)

- "Scam?"
- Absolutely absent! No. We are very enthusiastic and inspired by the work completed and forthcoming. Our goals are clearly determined and the plans are drawn up. We’ll surprise all with our quickness and ambition.
We are very proud of the project and intentions, so I ask you not to offend the project, those who are behind it and those who believe in it.
10% of the premine look repulsive, however, only 3% of this amount will be intended for bounty, airdrops, advisers, community managers’ salaries (the main part since the project plans separate communication channels with the community and technical support for different language groups: (English, Russian, Chinese, Korean, Italian, French, Spanish, Turkish, German). 7% will be retained as a reserve payments bank to the winners.
- Whether 20 nods are too much for pre-sale?!
- Recently, 20-40 nodes were bought for 2+ BTC of very questionable projects were easily dismantled. We hope to find only 20 visionary investors who will see the signals to invest on very attractive terms in this definitely successful project before the others.
- What do you differ by from other betting services?
- We differ from others by own accounting currency BETXC existence, blockchain technology and masternodes use. It will be possible to bet by mined money on our service unlike other services which accept advanced cryptocurrencies only.      
The main difference in approach. Our plan is to bring into the project people who are not yet connected with crypto-currencies, but who are actively involved in disputes. Unlike other services that only exist as an option to use the top cryptocurrency (BITCOIN, ETHEREUM, etc.)
- What is the way you relate to betcoin.ag service?
- No way. BETCOIN ecosystem is not connected anyway with any services with the same name. Our site will have a different name.
- How do you differ from other Masternode coins?
- There is at least a minimum difference from a technical point of view. The key difference is that BETCOIN is a business blockchain-based project while coins are being similar to each other.
A well thought out business which solves the pricing issue with the coins deficit. Each mined block leads to a certain coins number emission, whereas each lost bet leads to the lost participants’ assets withdrawal from the turnover.
- Why is the developers data absent?
- There is an item on presenting the team to the general public in our stage-by-stage development plan. We do not do this from the very beginning since this involves a marketing trick which will lead to the coin price increase.
- What happens if you can’t raise funds on the pre-sale?
- This will only affect the project speed. Mostly the money will be spent on advertising in order to attract attention. In general, failure on the pre-sale does not mean the project collapse, it will develop since the developers are confident and interested in its success.
- Why not smart contracts?
- http://www.abhaber.com/wp-content/uploads/Federbet_2016_report.pdf
- Why Masternodes?
- The deficit leads to an increase in prices. In other words, attracting a large number of players to our service due to the "mine-and-bet" possibility and high betting rates will lead to a stable demand for coins. While lost BETXC will be withdrawn from the circulation, crypto-enthusiasts will have hard time resisting the temptation of getting the masternode of steadily growing in price coin, thus blocking another 1000 BETXC per each node. We get an ideal ecosystem in terms of logic and economics.
- Almost finished product, ready blockchain. Why do you run a pre-sale?
- We invite people to a partnership, to something more than just an acquisition of the first masternodes. To become shareholders, if you would. We propose to invest in the needs of marketing for everyone interested in ensuring that the project develops quickly. In order to attract people to our service, we have to deploy a large-scale and aggressive marketing campaign. Everyone who invested in the pre-sale stage will receive a share of dividends later on. The BETCOIN team guarantees a grateful, fair and honest attitude to everyone.
- Why don't you start a blockchain?
- Practice shows that there is no much sense in the blockchain if there is no product or other reasons ensuring stable demand.
At the moment we ask for serious money for entering the project as a partner. Therefore, we would not like to let down investors and cause them worries about price falling, as it happens in projects that have nothing but sole currency.
At this stage, we want to announce ourselves, assess the interest and the resulting budget, draw up a further internal strategy and return to the development of the platform. Having collected the necessary information on the budget, we can begin planning advertising.
The blockchain will be launched in the second quarter of the year, and we try to minimize the time between the launch of the blockchain and the release of the platform, which is expected at the beginning of the Q3.

The topic will be update.

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