Revolutionizing the Gambling Industry: The Impact of Betrium
The gambling industry, which engages millions globally, finds itself at a pivotal moment as technology transforms traditional frameworks. At the forefront of this evolution is Betrium, introducing a partly decentralized betting platform that offers new opportunities for bookkeepers and betting exchanges alike.
The Challenges of Online Betting
Online betting has long been plagued by several major issues that affect both users and developers. High commissions, sluggish bet processing, and restricted payment options are just some of the drawbacks that have frustrated participants in this sector. Moreover, the industry’s reluctance to embrace digital globalization restricts access to international users. This oversight not only limits user experiences but also discourages developers who could contribute innovative solutions, particularly in integrating cryptocurrencies into the betting process.
A Comprehensive Solution for Betting
Betrium emerges as a comprehensive answer to the existing hurdles. By significantly reducing costs and streamlining the betting process, it aims to create a more inclusive environment for participants from across the globe. With an open API, developers can create betting bots and third-party applications, thereby fostering innovation and enhancing user engagement.
As part of its strategic vision, Betrium aims to launch in over 25 countries to ensure maximum reach and accessibility. Additionally, its integration of blockchain technology facilitates a robust event platform where users can access live sports streams, creating a richer betting experience.
Details of the Token Sale and Future Prospects
The Betrium platform is preparing for its token sale featuring BTRM tokens, based on Ethereum technology as ERC20 tokens. The initial Pre-ICO phase ran from October 23, 2017, to November 22, 2017, with the next phase scheduled between January 22 and February 14, 2018. During this period, one ETH will yield 5,000 BTRM tokens, reflecting a slight decrease in value from the previous stage.
With funding goals set at a Soft Cap of 320 ETH and a Hard Cap of 2,330 ETH, the proceeds from the token sale will support various initiatives, including addressing legal requirements and expanding sports representation. Betrium has already begun making its mark, evidenced by its sponsorship of the Lamborghini Huracan Super Trofeo for the 24-Hour Series Dubai.
Empowering Event Organizers and Users
Betrium not only promises a user-friendly interface for both seasoned and novice gamblers but also aims to empower event organizers by providing them a fair opportunity to profit from their betting activities. This initiative will propel the gambling sector into a modern era, largely devoid of the punitive fees that have long characterized the marketplace.
In conclusion, Betrium represents a significant shift in the gambling industry, addressing long-standing issues while opening the door for exciting innovations. Its commitment to an accessible platform built on cutting-edge technology aligns with broader trends in digitalization, positioning Betrium as a beacon of change in the evolving world of online betting. For more information, interested individuals can visit the Betrium website and explore their whitepaper to understand the project in depth.
