[ANN] BETEX P2P Binary Options — $4,360,000 raised

[OhMyCoin]

The first P2P Binary Options Platform powered by smart contracts.

The ICO has raised $4,360,000.

*** This thread was posted in behalf of the Betex team, please address them regarding the project ***

About Betex

Powered by Ethereum smart contracts, Betex brings indisputable transparency, fair conduct, and audible results to the binary options trading.
With Betex, traders will be placing bets against each other and never against platform providers or any other intermediaries. Built with Blockchain technology, unlike traditional platforms, Betex will provide access to real-time data, thereby, ensuring absolute transparency of its system. So there is no doubt that all users are treated equally and fairly.

Users will be forming one large common pool of liquidity for each underlying asset in order to maximize users' gain. The platform's commission will be 5% only, the liquidity will be derived from a common pool of brokers, and brokers themselves will integrate into the platform via the white label mechanism. This is the only platform, where as much as 95% of funds are distributed among traders who make correct assumptions. 2.5% (half of the platform's commission 5%) of the total platform turnover will be distributed among the holders of BETEX tokens, accordingly to the number of tokens they own.

Links

WEBSITE | WHITEPAPER | MVP | MEDIUM | FACEBOOK | TWITTER | TELEGRAM CHAT | YOUTUBE | BOUNTY CAMPAIGN

Token Pre-Sale

BETEX token sale is carried out in two preliminary stages and one main stage.

During the preliminary rounds of BETEX tokens sale, the tokens will not be transferred to the buyers.
According to the SAFT agreement, the tokens will be transferred to the contributors later, after they are generated and registered.

BETEX Token Pre-Sale Round 1 — Over, $1 million raised!

• Dates: 04.12.2017 – 20.12.17
• Price: 1 BETEX = $2.00
• Min purchase amount: 15,000 BETEX
• Accepted currencies: ETH, BTC

BETEX Token Pre-Sale Round 2 — Hurry up, almost over!

• Dates: 10.01.18 – 18.02.18
• Price: 1 BETEX = $2.50
• Min purchase amount: 5,000 BETEX
• Accepted currencies: ETH, BTC

The pre-sale of the BETEX tokens will take place under the SAFT (Simple Agreement for Future Tokens) agreement.

BETEX Token Sale

BETEX token sale started on March 1, 2018 and will last until April, 15th or 3,000,000 BETEX is sold out.
Token price will be $3. Hard cap is $9,000,000.
All participants will go through KYC, minimal buy is 0.5 ETH.

The token will be registered with SEC after ICO ends, after which the trading and immediate payouts will start.

MVP

We built two versions of the platform to provide you with a better understanding of the concept behind a common pool of liquidity and to demonstrate how it actually works.

Each trading interval consists of two sub- intervals: during the first one, traders bet on the growth or lowering of the rate (5m), and after the second one (25m), the platform determines the winners and distributes the bets of the losers between them.

BETEX.IO | GOBET.IO

Betex Features

Benefits

Investors:
2.5% commission from overall platform turnover is being distributed among Betex token holders Possible Betex token growth in value.
 
Traders:

• Betting;
• Hedging risks from trading operations;
• Referral program.

Brokers:
2% commission from broker’s turnover.

Website: https://betexlab.com/
White paper: https://betexlab.com/betex-wp.pdf

[Betex]

Hello world!

If you have any questions regarding the project, feel free to address them to this account.

[P.F.]

Hello world!

If you have any questions regarding the project, feel free to address them to this account.

Where is airdrop ?  

[hynext]

Do you have signature campaign or social campaign?

[Betex]

Do you have signature campaign or social campaign?

We will announce it soon!

[Betex]

Guide on using the Betex MVP with the Ropsten Ethereum network:

https://medium.com/@betex/how-to-use-the-betex-mvp-2ffd30e140f3

[potpockets]

Hello could post the bounties of your project and campaigns.

[mammusu]

1 BETEX = $2 prices and min purchase of amount to join in presale is 15.000 BETEX? Seriuosly?
need a lot of money is  $30.000 to join in your pre-sale. Good luck your ico.

[OhMyCoin]

1 BETEX = $2 prices and min purchase of amount to join in presale is 15.000 BETEX? Seriuosly?
need a lot of money is  $30.000 to join in your pre-sale. Good luck your ico.

These are the data for the investor-only presales. The public crowdsale will occur in 2018.

[Betex]

A comprehensive guide on using our MVP:

https://medium.com/@betex/how-to-use-the-betex-mvp-2ffd30e140f3

[xusxuquade]

you want launh coin with binary option trading broker dev
if youre binary option site is run, or launch after ico selling succes

[Energy_girl]

Bitcoin futures would be launched next week and how do this affect you? How would you be able to draw the crowd towards your platform , especially when bitcoin futures would be coming next week

[Betex]

you want launh coin with binary option trading broker dev
if youre binary option site is run, or launch after ico selling succes

The binary options platform will be launched on the main network in Q1.2018, but you can already try out the MVP. Here's how:

https://medium.com/@betex/how-to-use-the-betex-mvp-2ffd30e140f3

[Betex]

Bitcoin futures would be launched next week and how do this affect you? How would you be able to draw the crowd towards your platform , especially when bitcoin futures would be coming next week

Futures and binary options trading are quite different things, so there is no competition at all, and no issues with it.

[Betex]

We're at the Blockchain & Bitcoin Conference Malta!

Blockchain & Bitcoin conference is a series of international events covering the latest things in the modern fintech world. We are taking part and will be happy to have a chat with all of you.

https://malta.blockchainconf.world/en

Let's meet!

[Betex]

We're speaking at the conference right now, if you're there — come over!

[Betex]

What are the purposes of BETEX and SBT tokens?

There are 2 tokens in the system: BETEX and SBT.

SBT (Stable Betting Token) is a token with a stable value of $1.00. This token is used for betting in the system, payments to winners, brokers, holders of BETEX tokens, and for the development fund of the platform itself. All operations are fixed in the Ethereum blockchain. The SBT tokens are issued automatically by the smart contract with each exchange request.

With the reverse exchange, tokens are burned. Thus, the number of SBT tokens at each point of time reflects the current amount of funds in the system.

BETEX is the main token in the system. 50% of the platform‟s commission income is distributed among BETEX token holders in the SBT tokens. BETEX is issued once in the amount of 10,000,000 tokens. After that, its quantity remains constant.

The pre-sale of the BETEX tokens will take place in 2 rounds in November-December 2017 under the SAFT (Simple Agreement for Future Tokens) agreement. Since the BETEX token will have certain characteristics of a security, it will be registered with the SEC and other regulatory authorities within 15 days after the initial distribution.

The profit received between the launch of the platform and the actual distribution of BETEX tokens, will be accumulated on the public Ethereum address and will be distributed among BETEX token holders during 2 weeks or less, after the distribution event is over. Distribution of BETEX tokens is planned to take place in the second quarter of 2018. More information will soon be provided.

[trugad]

Good afternoon.
I offer the services to the manager's bounty.
All details can be discussed in PM.

[Betex]

On Thursday, the 7th of December, Malta hosted the Blockchain & Bitcoin Conference, showcasing lots of new projects for a big crowd of attendees and speakers.

For Betex, this conference was the first to have our project presented. All conference attendees had a chance to watch the pitch from our Co-founder and CTO Mykhailo Tiutin at the main stage. Also, the CEO and co-founder Oleg Torkhov was present there.

The project has received a warm welcome from the crowd. The special comments were attracted by its peer-2-peer functionality, omitting the flaws and drawbacks of regular binary options platforms and giving the players an ability to play against each other.

During the presentation, several attendees tried out our MVP and won successfully with their bets on bitcoin and ethereum prices.

Currently, it’s the first round of pre-sale, which is open only for qualified investors who have completed the KYC/AML.

The minimum purchase amount is 15,000 BETEX. Price for 1 BETEX token — $2.00. We accept currencies ETH, BTC.

Pay attention, that the pre-sale of the BETEX tokens will take place under the SAFT (Simple Agreement for Future Tokens) agreement.

Crowdsale will be held in Q1.2018 with the exact dates to be announced later.

You can read more information about Betex on our website: https://betexlab.com/

[Betex]

We've started a Telegram chat. The easiest way to contact us and get your questions answered: https://t.me/betex_ico