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MediumYou've heard those tales about a few mates coming up with a genius idea at the pub one night, only to forget all the details the next day and write it off into the "too hard" basket. Well, that’s not us. We're three mates who got together at the pub one day, came up with a genius idea and have been working our butts off to see it to fruition since. We've gone from a simple app that allows the user to log bets against their mates, to a sophisticated peer-to-peer platform, leveraging blockchain technology to create bets not against the house, but against other members, on anything from the weather to the next Melbourne Cup winner.
We are also building an artificial intelligence (Ai) system that trawls the internet to suggest possible bets, driving our database of potential betting templates. We will also link to a number of popular sporting API's to gather live bookie odds and results on every possible sport. Our platform will automatically set up these bets so it's simple for you to join and share existing bets with your mates.
Presale1 June 12:00am GMT - 1 August 12:00am GMT
Softcap $1M AUD
Hardcap $10M AUD
Min contribution is 0.1 ETH which will buy you 1,000 BETS.
ProblemEveryone enjoys a bet. Whether it's through official bookies on a sporting event, or betting your mate about an election result. Betting has been part of our history for centuries. Google tells us that betting is "the action of gambling money on the outcome of a race, game, or other unpredictable event." In today's world, we are used to placing wagers on the horses, the footy, or even who arrives last to the pub. And we are used to the traditional exchange of money or handshakes, in the hope of getting a higher return, either monetary or your mate shouting the next round. Betley goes a step beyond this traditional form of betting. We're developing a unique, Ai powered, community-driven, P2P betting platform using blockchain technology.
The problem with the current betting industry are the odds are determined by the bookies whom you place the bet through. These odds are set and don't often change. This doesn't favor well for the underdogs and let's be honest, we all root for the underdogs.
SolutionBetley is the premier P2P betting platform where you don't bet against "the house", you bet against other members, on almost anything.By using blockchain technology we are able to keep an open ledger of all bets placed, ensuring transparency over exactly where the winnings go. This is a great advantage, given that one of the main unique selling points (USP) of our platform is that you can bet on anything. And when we say anything, we mean anything...well, anything that has a public outcome.
We're tapping into one of the largest industries in the world totaling nearly $450 billion (USD) in 2016 and predicted to reach revenue of $500 billion by 2019.
We've released our ERC20 token BETS. BETS unlocks amazing platform features and access to VIP events. The Smart Contract source is available on our
Github page and contract address is available on
https://betley.ioHow Does it Work?- Create a bet - You can use one of the predefined bet templates like sports or elections, or create your own.
- Assign an amount - Once your bet is created you need to decide how many tokens you want to wager.
- Invite friends - Now that you have your bet and the amount you want to wager, invite friends to participate. If you don't want to invite friends, set the bet to be public. Having a public bet allows other members to participate.
- Wait for the winnings - If you win, the platform will credit your account automatically.
RewardsFor a limited time, we're offering upto 50% bonus tokens for presale participants.
Week 1 & 2: 50%
Week 3 & 4: 30%
Week 5 & 6: 10%
Week 7+: 5%
Once the presale is complete there will be no bonuses available. Don't miss out as these bonuses only last until presale is over or hardcap is reached.
BountyWe're also running an amazing bounty program. Details can be found at
https://bitcointalk.org/index.php?topic=4318239. Join now to earn some extra tokens.
Come play with us and help revolutionize the betting industry.