Good day, friends. Today, let's talk about sports, online bookmakers. You probably noticed that on TV screens often there is an advertisement of different bookmakers, especially before the start of sports matches. This is obvious because the interest in online bookmakers from users has grown very much. At the same time, control over bookmakers from various state and centralized services grew. They are trying to take control of this market in every way. Because of this interference in the internal processes of bookmakers, the interest and trust of users decrease every year. Obviously, this creates tremendous problems for the online betting industry. They lose their potential customers, which leads to losses. It's necessary to look for a way out of a difficult situation.

Our world is changing every day and in the era of the blockbuster, new opportunities are emerging. At the moment, based on the blockbuster, the developers of the BX.bet project are launching a revolutionary decentralized exchange for sports betting. The project proposes to solve the problem of the influence of centralized services on the bookmaker, to increase the transparency of all transactions on the platform, using smart contracts Ethereum. Users will have full control over their money portfolio and carry out transfers whenever they like. These conditions will undoubtedly contribute to the return of interest in the industry, from which all will benefit.

BX.bet - in its essence this project is a platform that implements the sports sphere, and at the same time is a full platform for sports betting. This is a very interesting project, as it is implemented on such a wonderful technology as a block with smart contracts. Due to the use of these technologies, the project realizes a serious solution to problems with the security of personal data, as well as the security of transactions in general.

In addition, the project uses completely new algorithms and technologies for the production of bets in general. After all, this project is nothing more than a new generation of sports platform, which is implemented on completely new and wonderful technologies. In addition to this, the user will always be aware of all that is happening with his transactions and besides this, he will be boldly managing all his actions.

At its core, this platform implements a full exchange of rates, which means that actions will occur as on a regular exchange, someone can bet against another user, and someone can buy it with a higher ratio. If he does not have any agreement with respect to what is already available.

BX.bet is convinced that in the future everything will be decentralized. In recent years, large companies have taken control of huge parts of the Internet. Most of the things that we do on the Internet today are controlled by one intermediary company, and it holds all the power. Users have no choice but to trust this company to act in their own interests, and not just in the interests of their own profit. We also observed a similar scenario in the online sports betting industry, when large players took over and created a centralized betting environment with all the associated negative characteristics.

But in recent years, the sports betting industry has been characterized by steady growth and it is a fast-growing market with millions of players. Since 2009, the online gambling market has doubled in size and currently has a volume of about 60 billion US dollars a year. But, despite this, the online gambling industry has experienced a decline in the level of trust and reputation in recent years. Clients and bookmakers are faced with a problem of trust.

Given the current situation in the sports betting industry, everyone who wants to make a bet must become a client and make a transfer of funds from their account. As a result, users are completely isolated from their funds, which remain at the central deposit of the bookmaker. This requires a high degree of trust, which is sometimes used by bookmakers to the detriment of their customers. On the other hand, such responsibility leads to great procedural and financial costs for bookmakers.

1. First of all, this project stands out from the possibility of ordinary users, not only to make bets, but also to be truly full-fledged bookmakers. It's very simple, because you can create bids and offer them to the same users as you, and they will already decide whether to accept this bet or not. As you can see, everything is simple and understandable.
2. The size of the percentage ratio will depend on the demand for this bet. This, in fact, is the same as on ordinary exchanges. At its core, the same exchange relations.
3. The general market will be divided into three subgroups, and these groups will be a sports ground, a financial platform, and also a forecast platform. Each user can find what he really needs and needs.
4. There will be no limits on the production of rates, it is very pleasant and promising.
5. In this project, all participants will interact directly with each other, which is very convenient.

The main currency for all transactions on the platform is the BX token, the ERC-20 standard based on Ethereum. It will be used to reward users for actively participating in the development of the platform, also when creating a betting market, to determine the outcome of the rate and to pay internal commissions.

The main mission of BX.bet is to provide its users with the best experience in the market. With the creation of a decentralized exchange of exchange rates based on the blockchain, users will receive a completely new level of rates. Because the current version of BX is based on the Ethereum network, it relies on its performance and scalability. Performance is really an important factor and will be central and decisive in the development process. Nevertheless, the BX development team also studied other possible technical solutions. The creation of a new single-purpose block circuit that would be exclusively used in the BX network is one such promising scenario. I hope the team will succeed!