Betting On The Blockchain - Creating The Global Standard For The Future Of Betting

BX, a blockchain-based betting and prediction market ecosystem, officially announced an Initial Token Sale (ITO), to raise funds for its betting and market prediction ecosystem, designed to change the way the world bets.  With the vision to create a new betting experience, BX allows any user to take over the role of the bookmaker, create their own markets, place and offer bets with self-determined odds, and even participate in the outcome determination of a market.

“Our decentralized, blockchain based approach will eliminate non-distributed processes and allow players to benefit from full transparency and total control over their betting experience.” explains Christian Heins, Co-Founder, Management and Execution Expert at BX.

Traditional online bookmakers face many problems, including lack of trust, lack of transparency, strict regulations, and high operational costs, resulting in high margin odds in favor of the bookmaker, stemming from their centralized structures.  These problems can be frustrating to users, making it impossible to ascertain whether the odds are fair or set too far in the bookmaker’s favour. Additionally, they even can get limited, restricted or banned - if they are too successful.

BX aims to neutralise these problems and weaknesses in the current betting industry by introducing the BX ecosystem, which allows the players to benefit from full transparency and total freedom in their betting experience. BX is a powerful and distributed betting and prediction market ecosystem that runs on self-executing smart contracts.