Bitgoal - sport betting on blockchain technology
During the just concluded world cup tournament, something crazy happened to a friend and I, before the start of the tournament on a popular sport betting site (name withheld) across west Africa, just before the start of the opening ceremony, we saw a bet option stating, total number of goals a certain individual would score throughout out the world cup, we were so happy about it that we took a risk on high profile players like eden hazard, lukaku, harry kane, christiano ronaldo inclusive,and the rest saying a minimum of 3 goals for each of them during this world cup, the first match was Spain against England and imagine the joy in our hearts when Ronaldo scored that dying minute free kick for Portugal to come level, with joy we went to check the bet placed hoping to see one of the options turned green, well our joy was cut short as it was yet to be updated, we were thinking ok, lets wait till the end of the world cup, after Harry kane scored twice against Tunisia we went online again to check the slip, only to realize that the bet has been cancelled without our prior knowledge and our staking amount returned to our wallets, this we would not take, but unfortunately we were left with nothing to do, no course of action, we couldn't take them to court, because our petition would be thrown out.
Well what am i trying to drive out here?, The betting/lottery/gaming industry is way too centralised and we investors have or are shying away from Doing something about it, come to think of a decentralized platform where the problems of
High fees
Limited betting amount
Delayed payouts
Complicated registration process
ETC
Are nothing to worry about, a platform where smart contracts are used to protect the interest of both players and owners as well as ensuring transparency among both parties
Bitgoals
What is bitgoals
Bitgoals is set to be the first decentralized platform built on the blockchain technology and provides answers to the problems mentioned above .
The bitgoal platform provides a decentralized ecosystem that is not only transparent but also trust worthy, payouts within the platform are as swift as the speed of light and also anonymous and would require just a little amount for transaction fees .
Features of bitgoals platform
User friendly interface - an interface that is user friendly, and easy to navigate through, unlike other platforms which takes decades to come up and cannot be combed through easily, the mobile view is as sleek as its desktop view.
Storage capacity - with the use of cloud storage and with time a blockchain of its own, you shouldn't expect any hiccups during it's use.
Smart contracts - with the use of smart contracts, users will experience swift payouts as well as cases of little hidden fees being eliminated totally, with smart contracts in place to checkmate various manipulations based on the human factor.
Important advantages of bitgoals
Unlimited funds - with conventional platforms, users often have a limited amount of funds they can use in placing bets as well as withdrawals, but with bitgoals, you get unlimited deposits as well as withdrawals, with no hidden fees whatsoever.
One platform multiple uses - with its unique identification system, you need not worry yourself with multiple registration accross its multiple platforms, such as gaming platform, lottery platform and also exchange platform.
The bitgoal token --SPORTS TOKEN PROTOCOL(STP)
Unlike other platforms, its ecosystem is a function of the hybrid STP token, which serves as the primary means of exchange across all its platforms, it also serves as **incentive which powers the bitgoal economy.
Total supply -93,500,000
Total token for sale - 55,000,000(60% of total supply)
Token type - hybrid
Token symbol - STP
Token price - $0.50/stp
Accepted mode of payment - BTC, ETH, BCASH
Ico start date - 14/06/2018
Ico end date - 15/07/2018
The bitgoals team
Conclusion
Personally, i believe this platform has what it takes to send other betting platform packing, due to their overwhelming advantages , as most other platforms are often restricted to a particular part of the world either due to changes in their economy and as well as currency, bitgoal has a solution to this as almost everyone with internet access no matter the location can use the platform, this alone should speak for the uniqueness and dexterity of bitgoal.
Should you require any more information, please feel free to visit any of the links below
Website
https://bitgoals.com/
And also read the white paper here
https://bitgoals.com/wp-content/uploads/2018/06/Bitgoals_WP_3.pdf
Bitcointalk Ann thread
https://bitcointalk.org/index.php?topic=4428882
Author's bitcointalk profile link
https://bitcointalk.org/index.php?action=profile;u=1819997
Author's eth adress
0xbae7BaD296D6dDbA724088a87EAcccC93E4bc43E
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