Betley (BETS)

Betley (BETS) widget

ICO date: 01.08.2018 - 01.09.2018
Product Type: Platform
Industry: Gambling & Betting
Description:

Betley is the P2P betting platform where users can bet against other members.

Features:

Variable odds system Betley developed the platform so the community determines the odds. The more members who bet, the higher the payout. No odds are set. This is not a jackpot style platform. Every bet has variable odds.

 P2P Losses are not given to the company, they are given to either the winning members or, if in the event both sides lose (game is a draw), Betley puts those BETS towards other bets as bonuses. This ensures BETS stay in circulation.

Flexible bets Betley created the platform to handle any bet, not just sporting events. If Betley can prove publically the outcome, users can bet on it.

A percentage of all future company profits is put into a community support fund. This fund is used to help members who have gambling problems and support local sporting teams and events.

Integrated tokens Not only does the platform run using BETS, but in the future Betley hopes to partner with other betting platforms to allow BETS to be used, thus increasing the value of BETS.

Betley has started discussions with token exchanges to have their tokens listed. Once the crowdsale is complete, Betley plans on having these agreements in place soon after. Betley will also develop Betley’s own exchange within the platform so users can trade BETS with other members at an agreed amount.

Betley plans on releasing the Betley platform to all countries that allow P2P betting.

Founded: Australia
Website: betley.io
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Low 1.7 / 5.0
Risk score
NA

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See also