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Author Topic: [ANN] [ICO] Xwin - CryptoBet betting platform based on blockchain  (Read 5995 times)

Xwin

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[ANN] [ICO] Xwin – CryptoBet 
Betting platform based on blockchain



Website  |  White Paper  |  GitHub  |  Twitter | FaceBook | Telegram



What’s XWIN?

During the last several decades, the betting industry has been experiencing serious trust issues caused by speculations and unfair distribution of the prize funds. The blockchain technology is the solution to this problem. We are presenting you XWIN, crypto-bookmaker with the automation of main processes, which allows for the secure betting on different sports.

Football, hockey, tennis, basketball, auto and moto sport, American football, badminton, baseball, biathlon, boxing, volleyball, handball, darts, rugby, mixed martial arts, snooker, chess – it’s only a part of sports you can place bets on using the XWIN platform.

And what stands behind the reliability of this platform?  When you place a bet, you’re making a contract with a system, the conditions of which would be executed regardless of what one of the sides would prefer. The distribution of funds in the decentralized (not controlled by the third parties) platform XWIN is automated, which makes it impossible for anyone to participate in it, or influence its results. The information about all games and bets is secured inside the Ethereum blockchain.

Furthermore, Ethereum guarantees the safety of the funds in your account, availability of constant control and monitoring from any point of the globe, the transparency of transactions and secures the payout.



The AI of the XWIN

XWIN uses artificial intelligence for both calculations of coefficients and scanning of bets, it ensures for the accuracy and speed of calculations, availability of 24/7 monitoring, an instant reaction on changes in the events and mathematical models of higher difficulty.

Verification of results

To prevent the possible attacks and system fraud attempts, XWIN CryptoBet transmits information about the results of events through the trusted addresses. It’s the only element of centralization in the system, but it still remains transparent and can be easily controlled by all community members.
All information about parlays, bets, games, prizes, winners, and results is written into XWIN’s smart contract and checked multiple times with several sources of information. Each user is able to review and check the authenticity of the results through their valets and via web – interfaces.



The advantages of investing in XWIN

Due to the obvious advantages of the decentralization, it’s obvious, that is not that distant future many bookmaker platforms will be implementing blockchain technology to ensure the optimal conditions and therefore attract the larger auditory. By the time such projects arrive, XWIN will have already had an active base of users, and thus several advantages, among which are the developed functionality of the system and lower transaction cost. Moreover, participating in ICO gives investors a possibility to become a co-owner of XWIN and hence be free from the additional commission charges.

Once again, the transparency of operations, the security of your personal actives and continuity of the system due to the implementation of the blockchain. None of that may be offered to you by any traditional bookmaker site, and therefore it’s a strong argument towards XWIN.

Commission

Transaction fees are what pays the bills for the existence of platforms. The XWIN commission may fluctuate from 6 to 20% of the bet. This money is credited to the account of the XWIN smart-contract and is automatically divided as such:

•   40% - guarantee fond of payments to the betters;
•   30% - PR, marketing, and advertisements;
•   10% - administration and legal support;
•   20% - revenue, which is divided among the investors



ICO

ICO XWIN CryptoBet has started on 26 of October 2017 and will last exactly 3 months to the 26 of January 2018. The number of coins for the open sales is limited to 80 000 000 XWIN tokens. 20 000 000 more is a locked share of сo-founders, which will be available only after a year. This reserve is a guarantee of the further development of the platform and sustainable growth of the company.





Bounty Funds Distribution

Bounty Funds Distribution is a fund of 2 400 000 XWIN tokens for the rewards to participants XWIN programs.
 
1 680 000 tokens go to the participants of marketing and PR-program for the activity in such social media and platforms as Youtube, Twitter, Facebook, Bitcointalk.org and although blockchain forums and thematic blogs.

The separate awards category (720 000 tokens) is envisaged to the developers and technical specialists. So, if you want and can do apps, add-ons, plug-ins, interfaces, additional software systems and other information and technical elements, contact our development manager for the further details and cooperation.

Mobile Platforms

XWIN is developing WEB – interfaces and mobile apps for Android and IOS, so that you’ll have access to our services anytime, anyplace.





FAQ Xwin CryptoBet

WHAT IS XWIN CRYPTOBET?
XWIN is a transparent and secure betting platform for sporting or other events with a revenue sharing using decentralized smart contracts on the Ethereum blockchain.

CAN THE XWIN PLATFORM BE TRUSTED?
XWIN is a transparent betting platform for sporting or other events with a revenue sharing. The blockchain technology and automatically implemented Ethereum algorithms (smart contracts) offer unique opportunities. Thus, using our platform means a comfortable, safe and guaranteed access to betting for the players, for the bookmakers it is the transparency of the players' transactions, and for the investors it is the guaranteed receipt of income from activity of the bookmaker. XWIN CryptoBet allows you to build a new mechanism of trust and reliably fulfill all the conditions of the bet concluded on the eve of the event. This is the feature of the XWIN betting platform that does not allow violating the conditions prescribed in the smart contract.

WHAT ARE THE COMPETITIVE ADVANTAGES OF XWIN COMPARED TO OTHER PLATFORMS?
XWIN CryptoBet provides the users with an unprecedented opportunity to become the co-owner of the world's first crypto-bookmaker and receive guaranteed 100% of net income according to the acquired shares during the ICO. The XWIN structure allows to make profit with the minimal interaction. ICO XWIN is performed using the Ethereum smart contract that guarantees continuity and stability of work, as well as safety of investments of investors and players.
XWIN is one of the first and currently the only platform for the bookmakers, which is largely protected and safe from the traditional bookmaker market and establishes a real alternative.

WHAT GAMES ARE AVAILABLE FOR BETTING ON THE XWIN PLATFORM?
XWIN CryptoBet is a platform for betting on many types of sports: football, hockey, tennis, basketball, auto-motor sport, American football, badminton, baseball, biathlon, boxing, volleyball, handball, darts, E-sports, politics, rugby, mixed martial arts, snooker, chess, show business and many others.

HOW ARE THE BETS PLACED ON THE XWIN PLATFORM?
Absolutely all transactions and operations are controlled only by the smart contract XWIN on the Ethereum blockchain. XWIN can be used to place bets on any active games that are in the contract XWIN CryptoBet.

WHAT ARE THE DEDUCTIONS FOR BETTING?
Deductions for betting are not charged.

WHO PROVIDES POSSIBLE BETS AND GAME RESULTS?
All bets and game results are available on xwin.io

CAN I BE SURE THAT I GET XWIN AFTER TRANSFERRING THE FUNDS DURING ICO?
XWIN tokens are sent automatically via the Ethereum smart contract.
The XWIN smart contract is available on GitHub in the public domain and is accessible to every person for audit: https://github.com/xwincryptobet/Smart-contracts

IS IT POSSIBLE TO USE ETH?
All transactions on the XWIN CryptoBet platform require the use of ETH. In the near future, a solution will be implemented for accepting all of the most popular crypto-currencies.

NanaLelyakova

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #1 on: November 10, 2017, 09:12:09 PM »
Where  I can find  smart contract  where all information about parlays, bets, games, prizes, winners, and results is written into XWIN’s?

Natalia_Volkova

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #2 on: November 11, 2017, 06:03:03 AM »
Is this lottery active? Can I start betting today or this is just like a pre-announcement?

Xwin.io

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[ANN] [ICO] XWIN CryptoBet presented the first blockchain betting platform
« Reply #3 on: November 11, 2017, 09:23:50 AM »
XWIN CryptoBet presented the first blockchain betting platform
Blockchain can be viewed not only as a technology but also as a trust mechanism. The technology of using decentralized smart contracts on the Ethereum blockchain developed by XWIN CryptoBet gives you new opportunities for the betting on sports and other events. It is convenient, safe and completely protects you from the fraud risk. XWIN CryptoBet developers tell us about the XWIN platform capabilities and their ambitions.
– What are the characteristic features of the XWIN betting platform? How prospective is it, and what advantages does it offer to investors, gamers, and bookmakers?
– XWIN is a transparent platform intended for the betting on sports and other events splitting your profit. The Ethereum’s blockchain technology and automatic algorithms (smart contracts) give you unique opportunities. Gamers get a comfortable, safe and guaranteed access to bets; bookmakers are able to monitor the gamers’ transactions that are all transparent, and investors are guaranteed to get profit from the activities of the bookmakers that use our platform. XWIN CryptoBet allows building a new trust mechanism and ensures that all the requirements of a bet made prior to the event are met. This is what makes betting on XWIN unique: the platform simply does not let the terms and conditions of the smart contract be violated.
– So, does this mean that XWIN does not let bookmakers and gamers cheat?
– That’s absolutely right. Gamers’ accounts do not get suspended because of arbitrage bettings and frequent wins, and a bookmaker cannot apply individual decreasing ratios to specific gamers. A bet goes on the way it has been made prior to a sporting event. The XWIN smart contract acts as an arbitrator whose decisions cannot be overlooked, i.e., the terms and conditions of the smart contract will be performed to 100%, regardless of the parties’ wishes. The XWIN platform creates an actual alternative for the bookmaker market, and we believe that this betting market will change dramatically in the near future. Our platform may be used for betting on a variety of sports, and thanks to the smart contracts game results, bets, winners, and prizes are indentified unambiguously.
– On October 30, 2017, XWIN CryptoBet started selling equity tokens. What makes ICO XWIN attractive to investors, and what are the advantages of investing in the platform?
– Our platform is the first platform in the world to be based on the blockchain technology and our gamer clients get access to the most perfect betting instrument as of today. We strongly believe that the future of the bookmaking business is impossible without smart contracts and the bookmaking business is really interested in our platform.
Bookmaking is a profitable activity, and the margin on XWIN can be from 6 to 20% of the bid. The investor becomes a co-owner of the first ever cryptobookmaker that has got a competitive advantage of being a pioneer. XWIN CryptoBet is already entering the market, allowing the investor to solve capital management problems in the new economic conditions in one of the most profitable niches.
The fact that ICO XWIN is based on the Ethereum smart contract protects your investments: the investors’ funds are managed automatically. ICO XWIN CryptoBet will last for three months – till January 30, 2018; the price for 1 XWIN token is 0.003 ETH. There is 80% of the XWIN token equity on sale at the moment; 20% is the ‘frozen’ founders’ share that will be available in a year. So, our team is interested in developing the platform – we have invested our own funds in it, too.
More info: https://xwin.io/en

Daniel_West

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #4 on: November 11, 2017, 09:46:16 AM »
To both commenters above, can you at least read the post before posting? Try doing it and you'll find the answer to most of your questions.

With that said. Don't you think that reservation of 1/5 of all coins is too much? It's not nearly close to the acceptable values. Since the investors already get a 20 percent of transaction fees, why do you even need that at all?

CaseyAnthony

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #5 on: November 11, 2017, 11:02:22 AM »
This a really fresh idea! Betting is a risk-taking activity by it's nature, and removing the unnecessary risk of dealing with unethical bookmakers is a big step forward for betting industry, and a great improvement for keen betters like myself!
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mihohil

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #6 on: November 11, 2017, 04:07:43 PM »
good luck to your project, and thank you for developing mobile apps. I always with mobile phone in my hands, so it's good for you too

karasurizero

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #7 on: November 11, 2017, 04:59:22 PM »
what amount of the minimum bet?

serhishulak

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #8 on: November 11, 2017, 06:05:50 PM »
Are your tokens connected with the eth or independent?

mihohil

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #9 on: November 12, 2017, 11:42:37 AM »
Are your tokens connected with the eth or independent?

please, look at the picture in the top of the topic. it includes eth wallet & eth blockchain, so I think that they're connected

CaseyAnthony

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #10 on: November 12, 2017, 11:56:50 AM »
Are your tokens connected with the eth or independent?

please, look at the picture in the top of the topic. it includes eth wallet & eth blockchain, so I think that they're connected
Yeah, but it is still interesting whether you will be able to directly wager ETH, or will the system convert you ETH into tokens, and then convert it back on payout?
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katepagava

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #11 on: November 12, 2017, 11:45:23 PM »
I'm waiting for more posts in your topic. Maybe you can write some news.
Just my personal wish. :-X

NanaLelyakova

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #12 on: November 13, 2017, 12:14:38 AM »
Are your tokens connected with the eth or independent?
Ethereum guarantees the safety of the funds in your account, availability of constant control and monitoring from any point of the globe, the transparency of transactions and secures the payout.
As u can see, yes :)

khunglongrua

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #13 on: November 13, 2017, 06:42:53 AM »
Do you have any Vietnamese Translation Bounty ?

mihohil

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Re: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain
« Reply #14 on: November 13, 2017, 07:06:38 PM »
Are your tokens connected with the eth or independent?

please, look at the picture in the top of the topic. it includes eth wallet & eth blockchain, so I think that they're connected
Yeah, but it is still interesting whether you will be able to directly wager ETH, or will the system convert you ETH into tokens, and then convert it back on payout?

maybe the last one option. I think you need to make a bet with XWin token's

 

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