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

[xapwxrm5742]

I want reserved the Chinese translation,if you need,PM me.
I am professional for the Chinese translation.

[1714595196]

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[1714595196]

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[1714595196]

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[cryptoslate01]

Hello Betex team,

I am an editor from cryptoslate.com. Betex ICO was just added to our ICO listing and is now available on our website.

https://cryptoslate.com/coins/betex/


If you need any help - feel free to contact me.

[Betex]

I want reserved the Chinese translation,if you need,PM me.
I am professional for the Chinese translation.

Let's get back in touch once we start bounties!

[Betex]

Hello Betex team,

I am an editor from cryptoslate.com. Betex ICO was just added to our ICO listing and is now available on our website.

https://cryptoslate.com/coins/betex/


If you need any help - feel free to contact me.

That's great, thank you!

[Betex]

Our CEO Oleg Torkhov will be on a business trip to Switzerland on 22nd to 27th January, including the dates of the World Economic Forum.

If you're interested in getting in touch with him to discuss the project and investments, contact us at info@betexlab.com to set up a meeting!

[Betex]

The business model, architecture, and smart contracts of the Betex platform are built in such a way that they can also be applied in related areas. We are considering the following alternative ways of using the Betex platform:

▹ Other types of binary options;
▹ Other derivatives;
▹ Betting on sports events;
▹ Betting on cyber sports events (eSports);
▹ Betting on irregular events;
▹ Betting for financial indicators;
▹ Betting on any other quantitative or qualitative indicators that imply the final small number of
options and were not listed above.

[Betex]

Our CTO Mykhailo Tiutin is currently on a business trip to the Silicon Valley until February 2nd.

If you are in the area and would like to meet him to discuss the project and investment opportunities, drop us a line at info@betexlab.com to get started.

[Betex]

Betex Main ICO: First Details
The main Token sale of Betex will start this February, the exact date is to be announced.

The BETEX token price will start at $3 and will gradually increase to $103 per token with minimal check of $1,000.

The price increase will be linear, meaning that each and every token will be a bit more expensive compared to the previous one. The token sale timeline is not limited, the ICO will end once all the tokens are sold. 40% of tokens total (4,000,000 BETEX) will be available during main token sale.

Before the TGE (Token Generation Event) we will be selling tokens under the Simple Agreement for Future Tokens (SAFT). After the TGE tokens will be available for immediate transfer.

To take part in the token sale all users will be required to pass KYC procedures.

Currently the 2nd pre-sale round is taking place until January, 31st. Within this round, BETEX tokens are being sold at $2.50 to those investors who have passed KYC procedure and are ready to purchase 5,000 BETEX tokens ($12,500) minimum.

[Betex]

Betex Pre-Sale Extension and ICO Launch Date Announcement



Due to increased demand and high volume of KYC applications we have decided to extend the 2nd round of the pre-sale of BETEX tokens until February 18th, 2018. Thereby, you have extra 18 days to become the early birds and purchase the tokens at a very attractive price — $2.50 per token. We remind you that the token price during the main token sale will start at $3 and increase progressively, more details here.

The main ICO (token sale) will start on February, 20th. Within this crowdsale, all investors will be asked to go through a KYC procedure and will receive the personal investment wallet address afterwards, just like within the pre-sale rounds.

KYC procedure means providing our compliance team with the identity verification documents and signing a SAFT (Single Agreement for Future Tokens) agreement, which is a contract under which all BETEX tokens will be distributed after Token Generation Event (TGE) in April 2018. We understand that you, as investors, are more interested in getting the BETEX tokens right away, but with this agreement, you can rest assured that you will get your BETEX tokens within 10 days after TGE.

Betex platform will be launched on main network and open for users before the TGE, which makes it distinct from other projects who only start development after the ICO. All payouts will start accumulating right from the platform launch and will be paid out after the TGE to all eligible token holders.

https://betexlab.com/

[Betex]

The Betex Common Pool Lifecycle



Each pool of liquidity (basket) in the Betex system has following time characteristics:

• Time for bet placements;
• Waiting time for exit;

These time intervals are limited by:

• The moment of opening;
• The moment of closing;
• The moment of payment;

From the point of view of a smart contract, each of these moments is implemented using a special system transaction. The problem here is the uncontrolled time of the transaction (from the time it hits the transaction pool to the time it was confirmed), as well as the allowable deviation of the system variable (solidity block.timestamp) in 900 seconds compared to the real time.

The lifecycle of a pool includes the following:

Opening/creating a pool

During realization of the Betex smart contract it was decided to give up transaction at the moment of opening the pool for the sake of creating a system of identifiers. Thus, in order to execute a bet, you only need to know the pool ID. If there is no pool at the time of the bet, it will be created automatically.

Closing the pool

Closing the pool is implemented using a system transaction, which is carried out from a predetermined address (and is part of the Betex smart contract management system). The closure essentially means a ban on accepting bets from a certain moment. Closing the pool should occur faster with respect to other transactions (including bets), so this transaction is conducted with an increased gas price.

Payouts

Payouts are realized using a system transaction (or series of transactions), which is conducted from a predefined address. The calculation of winnings and the transfer of tokens is carried out inside the smart contract, so, potentially, such a transaction may not be invested in the gas limit of the block (with a large number of bets), so the system has the opportunity to pay winnings by sending a series of transactions, which makes it possible to work with a large number of users.

[Betex]

Future Value of the Betex Token Based on the Daily Turnover

In the table below, we have summarized some quantitative indicators by which one can understand how much one BETEX token can cost, depending on the daily turnover of the platform and personal expectations of the ROI.



For example, with a daily turnover of $100,000, the commission income will be $2,500 per day or 2,500/10,000,000 = $0.00025 per day for 1 BETEX token. With a token price of $2.00, this gives us a yield of 4.6% per annum.

Thus, having the turnover of the platform and the desired profitability, everyone will be able to decide what price of the BETEX token is fair at this point in time.

Information about the platform’s turnover will be publicly accessible.

[Betex]

BETEX BOUNTY IS ON!

Go to bounty thread

[Detcom]

Finally we've got solution on binary options with smart contracts!
Very intrigued and very interested in this project.
Waiting for the tokensale.

[Betex]

Finally we've got solution on binary options with smart contracts!
Very intrigued and very interested in this project.
Waiting for the tokensale.

Thanks! Token sale will start on February, 20th. Full announcement really soon

[join2]

a very good betex project has many benefits and advantages to the participant. This project also has a good and interesting idea. I'm sure this will be a success.

[Betex]

Hello Guys,

Could you please have a look at this-https://www.investitin.com/betex-p2p-financial-derivatives-trading/ and let me know if it can be improved?.

That looks great!

[Betex]

CAUTION! There is an account named Betex Lab that offers different Telegram users to buy BETEX tokens from them.

That account is 100% fraud and has no relation to the Betex team whatsoever. We DO NOT SEND PMS to anyone at all in any circumstances, please double check that if you have a message from an account 'Betex Lab' and it doesn't have the correct username @betex_lab, that is scam and should be banned and reported.

Also notice, that those are not legit BETEX tokens, we are working with SAFT agreement, and BETEX tokens do not exist at all at this moment.

[kampret4545]

a project that creates a secure market Betex provides access to real-time data, ensuring absolute system transparency. Lucky for users to give pleasure we love to hear this plan good luck

[robertwelain]

So again, what's the conversion rate?

[Detcom]

That's definitely looks as an interesting project. Waiting for the tokensale to start.