BetterBetting Continues development on the first version of the BETR platform

Better Betting announce details of their Early-2018 technology update, ahead of the 2018 World Cup.

Tallinn, Estonia - March 13, 2018 /MarketersMedia/ —

Better Betting is pleased to announce that nearly all the new roles in its Estonian development office have now been filled and new team members are rapidly coming up to strength.The team includes data specialists, UX and designers, client side coders, QA and of course the all-important blockchain developers.

“With the FIFA World Cup looming squarely on the horizon we have beefed up development capacity in order to be ready with the first version of the BETR decentralized peer-to-peer and peer-to-sportsbook betting cryptocurrency based distributed betting system and the first reference clients by mid-May 2018” said Ian Sherrington – CTO.

The Beautiful Game

More detail on the underlying architecture and functionality that will be released for the World Cup will be made available in coming updates, but at this stage the company can confirm that it will cover Football only, with further sports to be released over a rolling release schedule post the World Cup.

Football league coverage will be limited to the World Cup in the first release but soon after will include major leagues in time for the 2018/19 season including the English Premier League, Spanish Primera Liga, Italian Serie A, French Ligue 1, Germany Bundesliga and the UEFA Champions League. Further leagues will be rolled out as momentum grows.

Market depth is expected to start strong with at least 50 markets including the all important match-winner, totals and Asian handicap markets. With strong support in Asia it is expected that the network will offer significant liquidity on main markets presenting punters who may be restricted or have simply outgrown their local sportsbooks the opportunity to take advantage of the Better Betting Liquidity Pool.

“I think this last point is particularly interesting – we are already seeing strong interest from professional sports bettors who are keen to be able to bet in a robust and secure way with higher volumes than are possible through existing sportsbooks” said Adriaan Brink – CEO.

All bets will be placed and settled using the BETR token which was released in an initial token offering at the end of January 2018 at a starting price of 10c per token and is currently trading and available for purchase on major exchanges such as HitBTC, Bancor, IDEX, Etherdelta, Bisq and Waves.

About BetterBetting

The BetterBetting Foundation was established in 2017 in Estonia, aiming to integrate blockchain technology into sports betting for a decentralized gambling system. Founded by Adriaan Brink and David Vanrenen, BetterBetting is a non-profit group of crypto currency and sports betting experts inclusive of the supervisory board members David Vanrenen, Hilly Ehrlich, and Mitchell Rankin; and the advisors Jon Matonis, Ronnie O’Sullivan, Jez San, and Eric Benz. For more information, go to https://betterbetting.org/.

Visit the Website: https://betterbetting.org/
Meet the Team: https://www.betterbetting.org/team.html
Follow on Twitter: https://twitter.com/BETRBetting
Like on Facebook: https://www.facebook.com/BETRBetting/

Media Contact
Contact Name: Lindsey Lewis
Contact Email: lindsey@betterbetting.org
Contact Telephone: +44 (0)7500662977

BetterBetting is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact Info:
Name: Lindsey Lewis
Email: lindsey@betterbetting.org
Organization: Better Betting

For more information, please visit https://betterbetting.org

Source: MarketersMedia

Release ID: 312583

More News From Asia Logue

China ex-internet czar sentenced to 14 years for corruption

Mar 26, 2019

BEIJING — China's former internet censor, who once held high-profile meetings with industry leaders such as Apple CEO Tim Cook and Facebook founder Mark Zuckerberg, was sentenced to 14 years in prison on corruption charges Tuesday. The Intermediate People's Court in the eastern city of Ningbo said Lu Wei had confessed to accepting 32 million yuan ($4.6 million) in bribes. It said he expressed remorse and vowed not to appeal his sentence. Lu helped lead the ruling Communist Party's tightening of controls over domestic cyberspace and championed Beijing's stance that governments have a right to filter and censor internet access....

Global stocks rebound after slide on growth worries

Mar 26, 2019

BEIJING — Global stock prices rebounded Tuesday a slide on worries about U.S. and European economic growth. In early trading, London's FTSE 100 rose 0.1 percent to 7,187.13 and France's CAC 40 added 0.1 percent to 5,268.04. Germany's DAX was unchanged at 11,335.24. In Asia, Tokyo's Nikkei 225 gained 2.2 percent to 21,428.39 and Hong Kong's Hang Seng was 0.1 percent higher at 28,566.91. The Shanghai Composite Index declined 1.5 percent to 2,997.10. On Wall Street, futures for the Standard & Poor's 500 index and the Dow Jones industrial average were 0.4 percent higher. Markets in Europe and Asia tumbled...

Asian stocks rebound after slide on growth worries

Mar 26, 2019

BEIJING — Asian stock prices rebounded Tuesday after global markets slid on worries about U.S. and European economic growth. Tokyo's Nikkei 225 index rose 1.8 percent to 21,362.60 and Hong Kong's Hang Seng gained 0.5 percent to 28,663.04. The Shanghai Composite Index was unchanged at 3,043.02 and Sydney's S&P-ASX 200 was flat at 6,126.50. Seoul's Kospi advanced 0.4 percent to 2,142.50 and benchmarks in New Zealand, Taiwan and Southeast Asia also rose. On Monday, major markets in Europe and Asia tumbled as traders tried to make sense of pessimistic new outlooks on global growth. On Wall Street, the benchmark Standard...

World markets slide on concerns over global growth

Mar 26, 2019

BANGKOK — World shares were mostly down on Monday, extending last week's late sell-off as surveys suggest significant slowdowns in economic growth in Europe and the U.S. In midday trading Monday, the FTSE 100 in Britain lost 0.6 percent to 7,171 as uncertainty over Brexit continued. British Prime Minister Theresa May was under intense pressure to resign as the price of breaking the country's Brexit impasse and winning support for her unpopular EU divorce deal. The CAC 40 in France declined 0.3 percent to 5,252 and Germany's DAX also fell 0.3 percent to 11,332, despite a survey there showing that...

Indonesia's first subway opens in its gridlocked capital

Mar 26, 2019

JAKARTA, Indonesia — Indonesia's long-awaited first subway opened Sunday in the country's capital with the aim of relieving crippling traffic gridlock in Southeast Asia's biggest economy. Minutes after inaugurating the 16-kilometer (10-mile) transit line running south from Jakarta's downtown, President Joko Widodo presided over a groundbreaking ceremony to mark the beginning of the second phase: an 8-kilometer (5-mile) northward line planned for completion by 2024. The two projects are being built at a cost of $2.6 billion. "Today we will begin a new civilization by operating the first phase of mass rapid transit in Jakarta," Widodo told several thousand guests...

Sign up now!

Advertisement