Sports token protocol
The latest trend gaining momentum in the market is growing popularity of virtual sports betting. Several bookmakers are preferring virtual sports betting due to the growing fascination of online and sports video games. Virtual betting is non-biased as it picks the outcome from a computer algorithm. Also, virtual sports betting is equipped with highly advanced and innovative graphics that attract players. The high-quality videos of matches and events offers expansive opportunities for the punters in the online betting platforms market. One of the major drivers for this market is the digital revolution in sports industry. Owing to the rapid penetration of digital platform and growing Internet penetration, consumers have easy access to online sports betting platforms. Consumers can easily engage in sports betting and connect with the sportsbooks due to the growing digital revolution.
Digital platforms enable the punters to place bets from any remote part of the world. Internet gambling is facing high popularity and is steadily becoming the fastest sector of the e-commerce industry. Gamblers are extensively preferring Internet gambling for their activities due to the ease offered and safety provided. Extensive usage of digital processes and growing punter demand is driving the online betting platforms market.
The Ethereum blockchain has made smart contracts a reality. Each day there are thousands of calls being made to these contracts, with functions that vary from insurance calculations and token issuance to time locked transfers, simple escrows and so much more. Smart contracts have also been applied to Ethereum-based gambling sites, allowing anyone in the world to make a trustless bet against the house and in many cases, against other players. This form of gambling is far removed from the traditional experience; one where payouts can take days, winnings can be withheld, and unscrupulous actors can steal player funds.
BitGoals brings the platform that equally considers all players in the industry, who can harmoniously co-exist and share the revenues. The BitGoals platform presents a sportsbook that is secure, reliable, easy to use and transparent, allowing users to participate in sports-related activities administered by cryptographically verifiable code.
BitGoals is a decentralized system, developed on blockchain and smart contracts; hence, no one can change the results and jackpot payouts. There are no hidden fees over the platform that is fueled by STP tokens. Users can use STP tokens to place their bets, purchase merchandize, tickets and features etc. BitGoals serves as a single-window, all-in-one platform for sports betting, gambling and all related offerings.
The key advantages of the platform include:
- Simple registration to take part in the draw games (It all starts with a single log-in)
- Unlimited funds usage
- Almost instant payouts
- Full independence
- Elimination of fraud risk
- Speedy jackpot generation process
The scope of activities that could be arranged on the platform will be very wide. BitGoals will support betting on sports from football to horse racing. It will also allow other forms of gambling, such as poker or lotteries; other forms of sports interactions, such as fantasy sports; and even a marketplace for match tickets and merchandise. The eventual intent is to make it easy for individuals to set up their own casual sports betting games with BitGoals’ open-source software. the platform will also rely on games provided by partner companies, beginning with King Scorer, a casual game that lets its players select any five football players in a specific game and then accumulate points based on the goals they score. An STP bonus in that game will be distributed to the top 100 players on the leaderboard based on the amount of points they have. The players will be able to use those rewards to make in-app purchases for King Scorer or to make further “bets” in that or any other game.
The Bitgоаlѕ Platform will be based on its STP tоkеn. The STP token iѕ iѕѕuеd on dеmаnd аѕ соntributiоn tаkеѕ place, i.e. аѕ 0.6 STP is ѕwарреd fоr еithеr ETH, BTC оr BCH, an аdditiоnаl 0.4 STP iѕ issued and аllосаtеd tо Fоundеrѕ, Tеаm Inсеntivеѕ, аnd Initial Bank Rоll fund.
|Additional Token Emission||0|
|Token distribution||50% – Group Stage
35% – Round of 16
25% – Quarter finals
20% – Semi finals
10% – Finals
|Funds allocation||40% – Marketing
25% – Development
15% – Partners
10% – Business Development
5% – Legal
5% – Founders
Total Tokens on Sale: 55,000,000
Soft Cap: $ 500,000
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