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

[Betex]

Betex aims to substantially improve the way betting is done and to greatly reduce the related risks. To achieve the goal, Betex designed a
radically new business model to shift user mindset from worrying about the integrity of platform providers to focusing on user`s own capacity to make the profit. As a result, the betting process becomes much more efficient, systematic and productive

[1714578358]

1714578358

[1714578358]

1714578358

[1714578358]

1714578358

[Betex]

What is binary options and how does Betex employ it?

Binary options is a financial derivatives instrument that requires traders to correctly indicate the price movement direction for the underlying asset at a given point of time in the future. The forecasting horizon can vary from a few minutes to several months. Betex has launched a revolutionary peer-to-peer platform for binary options, that will substantially improve the way betting is done by using the blockchain technology and providing access to real-time data.

[Betex]

Thank you for being a part of the Betex. We appreciate all the new and existing members and we strive to make your user experience as impeccable as possible.

[Blackwhite69]

Thank you for being a part of the Betex. We appreciate all the new and existing members and we strive to make your user experience as impeccable as possible.

This project is very interesting with a very good token price on the token sale but whether the price is still good with the decline in Bitcoin prices at the present time.

[Janisnader]

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 ***

https://i.imgur.com/Xq5ifON.png

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.

https://i.imgur.com/3hbRdUs.png

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.

https://i.imgur.com/1ZelaHq.png

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.

https://i.imgur.com/MfbchBy.png

BETEX.IO | GOBET.IO

https://i.imgur.com/oyiPywp.png

Betex Features

https://i.imgur.com/d1GlG7j.png

Benefits

https://i.imgur.com/fz6FrnJ.png

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

Abruptly. By the way, there's something like https://bitcointalk.org/index.php?topic=4598716.0

[Betex]

Betex aspires to relaunch the existing market with a new technological groundwork through introduction and implementation of an honest, transparent and comprehensive business model, as well as all of its requirements.

[theinvestdude]

Too much FUD, i hope the dev team can handle it professionally. i personally like the concept of the project and its unique on my point of view. so lets all wait for final product release before we fud the team.

[minernoob1]

Too much FUD, i hope the dev team can handle it professionally. i personally like the concept of the project and its unique on my point of view. so lets all wait for final product release before we fud the team.

 

What final product? ICO ended months ago. All they have been doing since then is posting same worthless messages over and over again.  

[Betex]

Trading on the Betex platform is realized with ERC-20 tokens of stable value. It is stored and presented in the Ethereum blockchain, making it possible to audit the platform operations in real time, or later. Open access to data prevents intermediaries from altering results.

[Loopper]

Too much FUD, i hope the dev team can handle it professionally. i personally like the concept of the project and its unique on my point of view. so lets all wait for final product release before we fud the team.

 

What final product? ICO ended months ago. All they have been doing since then is posting same worthless messages over and over again.  

I'm surprised by it, whether they provide information that isn't important to you and others or they lie to everyone.

[Betex]

Economic sustainability of the Betex business model is promising. Betex business model is designed to minimize the risks of operational loss, for any number of brokers and platform users, regardless of the nature of the events and outcomes which users are betting on.

[nmthu2209]

Betex will provide access to real-time data, thus ensuring absolute transparency of its system. So, there is no doubt that all users are treated fairly and fairly.

[Betex]

Betex architecture is based on two major parts:

- Smart contract systems (to ensure transparency of bets).
- An oracle providing the reliable data on occurring events to a smart contract (in particular,
exchange rates).
Main purpose of smart contracts is ensuring a transparent betting mechanism for the common pool of liquidity. Main purpose of the oracle is that it is the basis for deciding the outcome of each round in the Betex system. The result is the composite rate (Outcome Rate), so the oracle is a critical component of the system that is located separately from the rest of its parts.

[molly_me]

tell me, are you going to run versions for smartphones for Android and iOS? And when will this happen?

[Betex]

Dominating the market niche along with brokers, who engage with our platform by basic principles of the White Label, is something that Betex aims to achieve in the nearest future.

[Loopper]

Dominating the market niche along with brokers, who engage with our platform by basic principles of the White Label, is something that Betex aims to achieve in the nearest future.

If this will make the market price rise it will make a success of this project and make the people who participate in this project become happy.

[Betex]

Who can potentially benefit from the Betex platform in the long term? A very wide range of people from the world of traditional financial instruments and the world of cryptocurrencies can become the users of the Betex platform. These are millions of people all around the globe. Everyone who is interested in investments, finance, and trading on exchanges, are our potential customers. As you can see, the user spectre is vast and unlimited.

[Betex]

The Betex platform was originally designed in such a way that the increase in the number of trading pairs, users, brokers and transactions, the speed and quality of the platform is not affected. This applies to both the hardware and network infrastructure, as well as the architecture of software components. In order to achieve the highest level of the platform‘s scalability, the developers are designing and implementing the best technological solutions. The results should appear in the second half of 2018.

[Tony Neko]

Hi fellows.
The key theme that in the future it has provided the growth of the idea!

[Betex]

Betex aspires to become the primary force directly driving the declining market for binary options. We have come to a realization that there couldn‘t be a better time to begin realizing innovative projects with great potential to improve the world of betting.