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December 27, 2017, 10:03:09 AM |
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Whitepaper | Website | Twitter | Telegram | Airdrop | Discord | GitHub
$6mm USD Hard Cap Token Sale Begins January 22nd, 2018 Token-Powered Tools For Prediction Markets From A Proven Team
The Problem With Sports Betting
Traditional sportsbooks are centralized authorities that create trust and liquidity issues for users.
Money tied up in a contract can't be deployed, hurting users' bankroll growth.
The process of scanning various sportsbooks to find the best line is time-consuming.
Sports analytics is fragmented. Different analytics groups compete independently toward the same goal, instead of cooperating.
Sports betting “experts” aren’t held accountable for their predictions.
Being a successful sports betting “expert” is more an exercise in marketing than in accurately predicting the results of events.
Potential blockchain adopters are intimidated by the onboarding flow and the challenges of keeping their information safe and secure.
The BlitzPredict Solution
Provide a streamlined portal so our users always get the best odds available in the marketplace at the time of a wager.
Ensure our users can be paid immediately upon completion of an event from our auditable liquidity reserve, without waiting for sportsbook to transfer money or reporters to verify results on a blockchain.
Encourage users wishing to provide liquidity to other users to stake tokens to help enhance the value of the liquidity pool in exchange for a portion of the fees generated upon completion of the transaction.
Provide smart contract tools to allow users to execute wagers when certain criteria are met. (E.g. the Patriots are trading at 63%. The user sets up a smart contract to bet 1 ETH when the Patriots are trading at 60% or below).
Build a platform that will incentivize sports analytics experts and enthusiasts to share their models and picks and contribute to community projects.
Users must spend BPZ to access an expert’s information and experts will be rewarded based on how accurate their predictions and models are. All predictions will be timestamped and must be made using actual odds available in the market - no forging records.
Experts must stake tokens in order to join the expert marketplace. Having “skin in the game” prevents experts from creating 10,000 accounts and relying on randomness to end up with a handful of profiles that perform well.
What Is BlitzPredict?
BlitzPredict is a global platform applying fintech solutions to provide function and liquidity to users of blockchain prediction markets and sportsbooks.
BlitzPredict’s aggregator ensures that users will always get the best odds available in the market at any given time.
BlitzPredict’s liquidity reserve ensures that users can get paid immediately at the conclusion of an event.
BlitzPredict’s smart contract tools allow our users to interact seamlessly and effectively throughout the market.
BlitzPredict aims to bring the power of blockchain technology to the mass consumer via streamlined products.
FAQ
Is BlitzPredict behind the BlitzPick DFS app? BlitzPredict is a proven team that previously launched BlitzPick, a mobile app for FanDuel and Draftkings users, available on iOS and Android.
What platform does the BPZ token reside on? The BPZ token is an ERC20 token on the Ethereum network. When purchasing tokens you will be asked for your Ethereum address. Please use a compatible wallet that you control, do not send tokens to exchanges.
When will the BPZ token be distributed? The BPZ token will be distributed after the token sale closes.
Whitepaper | Website | Twitter | Telegram | Airdrop | Discord | GitHub
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