Hello there!
1.It is called Betmatch Token (XBM);

2.Our token supply is 1 000 000 000 XBM;

3.XBM token is the native token of Betmatch, a decentralized betting house. It has no value outside Betmatch infrastructure, but gains it after being applied to Betmatch services;

4.Personal token holding allows a user to bet without any house commissions. It means that if the player bets and wins in the end, he gets not only the winning amount according to the coefficient with which he placed the bet, but also all house commissions from his bet.

Public sale starts on 10th January 2019.

We are constantly improving our platform. Just recently we launched the dashboard where you will be able to purchase XBM tokens and now we accept Bitcoin and Ether. You can check the updates here and in our social media: Telegram News Channel: https://t.me/betmatch_ch Facebook: https://www.facebook.com/betmatch.official/ Medium: https://medium.com/@betmatch Twitter: https://twitter.com/BetMatch2

We believe that only continuous motion and elaboration can bring any business to success, that’s why we are fully dedicated to every step of the development of our blockchain solution for bookmakers.

Betmatch constantly strives for the improvement and development. And our major achievement this week – is the launch of the dashboard where you will be able to purchase XBM tokens! Now we accept Bitcoin and Ether, so do not play for time and hurry up to get the desired Betmatch’s tokens!

Stay tuned with us and keep abreast of our latest developments!

Token Generation Event (TGE) is a method of raising funds by issuing tokens. Betmatch uses this model to support the development of its platform.
In our TGE, we are issuing issuing XBM, an ERC-20 compliant token.

Greetings!
Peer-to-peer (P2P) betting allows players to place bets against each other and they don’t have to accept the conditions of the house. Instead, players can create their own betting offers and accept other ones that they find interesting. Although, placing a bet on the peer-to-peer betting exchange doesn’t guarantee a financial gain in case of winning.

Hello!
You can check our MVP to get the idea of how Betmatch works here: https://bit.ly/2wLy89Z and read our whitepaper here: https://bit.ly/2oPAn89

A token can be lent to other customers with receiving a part of their saved commissions. For example:
A customer has tokens which allows him to bet 100.000$/month, but he does not use this limit. If the user lends his tokens to other players who want to save on commissions 20% (from commission saved), he will receive 1000$ of profit from bets of other customers.

The social betting system is the critical invention of Betmatch. It will serve players, analysts (or any person that can influence the betting industry), and Betmatch itself in such ways:

- For players, this model gives the opportunity to significantly reduce betting commissions in comparison with traditional betting houses as well as use a proven, trust-based social betting service;
- For analysts and other persons, it is a unique opportunity to direct and monetize their skills by influencing their subscription base;
- For Betmatch it gives a chance to significantly decrease marketing costs and allows for easy business scaling.

We appreciate your kind words!

Thank you for your kind words!

Professional bettors are not interested in the entertainment value of betting and treat sports betting as a way of making profit. They are the people, who see their bets as investments and consider themselves business people. Professional bettors set long-term goals before them, try to stick to a disciplined course, cutting out as much risk as possible, and look for the best deals they can get. Having expertise in sports betting, they certainly know some tips and secrets that help them earn money.

If you are interested what secret knowledge possess the experts of sports betting, check our new article on the topic: https://bit.ly/2OFDz5r

Betmatch has such benefits:

1. We're the world’s first decentralized betting platform that combines the classic business model, executed in trustless paradigm using blockchain technology and the social betting network as the second (community) layer.

2. The proposed technical and business solution provides customers with an original service of house trustless betting, using cryptocurrencies. Deposit, bet execution and withdrawal processes are executed with the help of blockchain network services (direct crypto payments, smart contracts) and cannot be affected by third parties.

3. The critical invention of Betmatch is an innovative social betting system, that serves players, analysts and Betmatch itself. For players, this model gives the opportunity to significantly reduce betting commissions in comparison with traditional betting houses as well as to use proven trust-based social betting service. For analysts, it is a unique opportunity to direct and trust less monetization of their skills, influence or subscription base.

4. Betmatch is focusing on creating not just a private business, but a community-driven system. The business model includes a significant (up to 50%) automated and trustless profit share as a reward of social activity (not of direct token staking!), that brings value in the ecosystem.

This week we dedicated our time and effort to further promotion of Betmatch brand and revolutionary way of betting it offers using cryptocurrency. Our chief business development officer Paul Litviakov had an opportunity to speak about Betmatch project on Chris Voss Show – an influential podcast that covers a broad spectrum of the latest groundbreaking technology.

We are also happy to announce that one more professional advisor filled up the ranks of Betmatch team. His name is Markus Huber; he is a serial entrepreneur with more than twenty years of business experience.

Besides, we worked on update of the documentation concerning the performance of Betmatch platform. Don’t forget to check the new version of Betmatch documentation on our official website to be aware of the latest amendments.

Interested in more? Check our weekly report: https://bit.ly/2PhZ6kk

That's correct! The usage of smart contracts increase the efficiency and transparency of transactions. In this case, the token is used for mutual settlements. Thanks to it, the replenishment of the account and the withdrawal of funds are carried out immediately.

Here's an example of how lending tokens to other users works:

A token holder has tokens which grant him a commission-free betting limit of up to $100,000 per month, but he does not use this limit. He is free to lend his betting limit to other players who may be interested in saving on the house commission fees of 5%. So he can charge other users less than 5% to use his betting limit. If he charges 1%, then the token holder would earn $1,000 from other customers who used his limit. Even though the token holder has not personally made a single bet, he has attracted other customers to bet on the platform using his tokens and has earned money for doing so.

Betting commissions and wallet withdrawal fees will serve as our sources of income. But note, please, that personal token holding will allow you to bet without any house commissions. It means that if you bet and win in the end, you get not only the winning amount according to the coefficient with which you placed the bet, but also all house commissions from this bet

Hello! Funds, bet execution, and payouts are handled automatically through smart contracts. The betting house or external third party cannot influence these processes. We deem smart contracts to be an excellent solution for transparent betting process.

You’ll be able to purchase XBM tokens with ETH and BTC.
BTC will be accepted according to ETH/BTC exchange rate.