[ANN] Bulls vs Bears: Social Binary Options with revenue sharing

[BullsVsBears]

Hi all, I'm launching my project soon, so decided to post it here to gather some feedback before the launch.

I have always been fascinated by skill-based wagering games such as poker, and have invested no small amount of time, effort, and money playing it. Over time, I began to see numerous similarities between poker and one of my other passions — trading. Just as in poker, there is an inherent level of chance that can sway the outcome of your decision, and it is up to every player, or trader, to decide their favored risk threshold.

While losses due to chance are acceptable to poker players and traders alike, losses incurred due to unfair playing fields are not. Unfortunately for one of my favorite types of games, binary options, there is a significant principal-agent problem, where operators that provide access to wagering are earn from trader’s losses and have many incentives to cheat users.

Enter Bulls Vs. Bears. Our new binary options platform brings transparency and fairness to the binary options field, eliminating the above problems, and delivering transparent and fun trading experience.

First players will have better term to mine our dividend token.

Here are additional sources of information:
Website: https://bullsvsbears.io
Wagering, tokenomics, and revenue sharing explained: https://medium.com/@bullsvsbears/bulls-vs-bears-tokenomics-and-wagering-5ad4e0f1483d
Medium announcement: https://medium.com/@bullsvsbears/announcement-bulls-vs-bears-d54a92f8b2a8
Telegram: https://t.me/bullsvsbears_chat

I welcome any feedback, especially negative.

[FruitsBasket]

Hi all, I'm launching my project soon, so decided to post it here to gather some feedback before the launch.

I have always been fascinated by skill-based wagering games such as poker, and have invested no small amount of time, effort, and money playing it. Over time, I began to see numerous similarities between poker and one of my other passions — trading. Just as in poker, there is an inherent level of chance that can sway the outcome of your decision, and it is up to every player, or trader, to decide their favored risk threshold.

While losses due to chance are acceptable to poker players and traders alike, losses incurred due to unfair playing fields are not. Unfortunately for one of my favorite types of games, binary options, there is a significant principal-agent problem, where operators that provide access to wagering are earn from trader’s losses and have many incentives to cheat users.

Enter Bulls Vs. Bears. Our new binary options platform brings transparency and fairness to the binary options field, eliminating the above problems, and delivering transparent and fun trading experience.

First players will have better term to mine our dividend token.

Here are additional sources of information:
Website: https://bullsvsbears.io
Wagering, tokenomics, and revenue sharing explained: https://medium.com/@bullsvsbears/bulls-vs-bears-tokenomics-and-wagering-5ad4e0f1483d
Medium announcement: https://medium.com/@bullsvsbears/announcement-bulls-vs-bears-d54a92f8b2a8
Telegram: https://t.me/bullsvsbears_chat

I welcome any feedback, especially negative.

looks like alot of fun

[BullsVsBears]

Thank you 

[BullsVsBears]

Like and follow us on DevPost  https://devpost.com/software/bulls-vs-bears

[bicork]

How do you handle price averaging? I know that exchanges not that reliable in terms of APIs and sockets. Or liquidity. So if one exhcange stopped provide data, how do you average it not to f*** up the result of a candle?

[BullsVsBears]

How do you handle price averaging? I know that exchanges not that reliable in terms of APIs and sockets. Or liquidity. So if one exhcange stopped provide data, how do you average it not to f*** up the result of a candle?

That is a good question! Right now we are testing APIs and feed from 10 different exchanges to find the most reliable.

At the same time we are running different models in order to understand impact of one exchange going offline on our average price.
So far we managed to achieve 93% uptime with 4 exchanges in the mix. Our goal is at least 98% uptime measured on a weekly interval.

[FruitsBasket]

How do you handle price averaging? I know that exchanges not that reliable in terms of APIs and sockets. Or liquidity. So if one exhcange stopped provide data, how do you average it not to f*** up the result of a candle?

That is a good question! Right now we are testing APIs and feed from 10 different exchanges to find the most reliable.

At the same time we are running different models in order to understand impact of one exchange going offline on our average price.
So far we managed to achieve 93% uptime with 4 exchanges in the mix. Our goal is at least 98% uptime measured on a weekly interval.

I suggest using the bigger exchanges: binance/bitmex/bitfinex/bitstamp/coinbase/kraken and maybe a few others.

[BullsVsBears]

How do you handle price averaging? I know that exchanges not that reliable in terms of APIs and sockets. Or liquidity. So if one exhcange stopped provide data, how do you average it not to f*** up the result of a candle?

That is a good question! Right now we are testing APIs and feed from 10 different exchanges to find the most reliable.

At the same time we are running different models in order to understand impact of one exchange going offline on our average price.
So far we managed to achieve 93% uptime with 4 exchanges in the mix. Our goal is at least 98% uptime measured on a weekly interval.

I suggest using the bigger exchanges: binance/bitmex/bitfinex/bitstamp/coinbase/kraken and maybe a few others.

So far we have settled on coinbase and binance. Testing other exchanges. We want to have at least 4 exchanges with price feed to into our smart contracts.

[myternity]

When trading of your dividend token is planned to begin?

[target]

I have been following a lot of projects which are providing dividends to their token holders, this one must be worth looking into.  Are you just going to open the trading and let players mine the tokens without doing promotions like bounty campaign?

When trading of your dividend token is planned to begin?

They haven't launched yet, there is no trading anything soon.

[BullsVsBears]

I have been following a lot of projects which are providing dividends to their token holders, this one must be worth looking into.  Are you just going to open the trading and let players mine the tokens without doing promotions like bounty campaign?

When trading of your dividend token is planned to begin?

They haven't launched yet, there is no trading anything soon.

We have no airdrops or other kinds of promotions planned ahead of our launch.
Our target launch date is 10th of October. To provide better liquidity trading will be suspended for the first two month after the launch.

[myternity]

Do you have any listing agreements yet? What kinda exchanges should we expect?

[BullsVsBears]

Do you have any listing agreements yet? What kinda exchanges should we expect?

We expect our token to be listed on the main TRON DEXes 2 month after the launch.

[humanitee]

Are BHT is TRC20 right?
What is unique about the bullsvsbears platform compared to others? can you explain more?

[BullsVsBears]

Are BHT is TRC20 right?
What is unique about the bullsvsbears platform compared to others? can you explain more?

I'm aware of only one other binary options project with on-chain settlement, but overall our main advantages are:

• On-chain & transparent
• Price feed from multiple exchanges' APIs. Prices are recoded on chain
• Dividend token
• Social gambling, where people compete against each other, not against the platform

[bicork]

Are you planning to have any sort of referral program? If yes, how can I sign up

[BullsVsBears]

Are you planning to have any sort of referral program? If yes, how can I sign up

Unfortunately not from the day 1. We plan to implement referral program functionality 1-2 month later down the road.
However, we will do a couple of promotion campaigns closer to the launch date giving up free TRX.
Join our telegram group not to miss the announcement https://t.me/bullsvsbears_chat

[bicork]

Are you planning to have any sort of referral program? If yes, how can I sign up

Unfortunately not from the day 1. We plan to implement referral program functionality 1-2 month later down the road.
However, we will do a couple of promotion campaigns closer to the launch date giving up free TRX.
Join our telegram group not to miss the announcement https://t.me/bullsvsbears_chat

Okay. So what is the launch date?

[BullsVsBears]

Are you planning to have any sort of referral program? If yes, how can I sign up

Unfortunately not from the day 1. We plan to implement referral program functionality 1-2 month later down the road.
However, we will do a couple of promotion campaigns closer to the launch date giving up free TRX.
Join our telegram group not to miss the announcement https://t.me/bullsvsbears_chat

Okay. So what is the launch date?

Our target launch date is the October 11th

[BullsVsBears]

Early Adaptors Alert

Raise your hands if you want to be THE FIRST to try out the Bulls vs. Bears platform! Ready to dive in and let us know what’s wrong with it (we know you people love to do it )?? Get excited, cuz we are ready to surprise you!

All you need to do now to get exclusive early access is to subscribe for our newsletters. But hurry up! Accesses are limited.

Our goal is to create the best game *for* players *with* players. So we expect you to give us your feedback right after you try it (and yes, we love to be praised as well, who doesn’t? )

Last but not least! You have a chance to win 500 TRX 😱 Invite more people to increase your chances to win!

http://bullsvsbears.io

Read full medium post: https://medium.com/@bullsvsbears/early-access-free-500-trx-72abb9fd333a