Betbox - Bet on Everything, Always and Everywhere

Betbox - Bet on Everything, Always and Everywhere

About Betbox App

Betbox is a fully decentralized ecosystem acting in various DApps with the assignment to provide a fully transparent, fair and yet challenging environment for people with a passion for gambling and a sense for competition. Our users may contribute their knowledge and experience to the growing project by submitting ideas or solutions, which are ready for implementation, in return for OX. Betbox smart contracts are devel-oped to reimburse 20% of the commissions (ETH) taken by the company for betting, every quarter of the year to volunteering parties* in return for tokens to moderate the inflation of OX. 100 Mio. OX will initially be created. The closure of each bet in the betbox smart contracts will create a single OX and randomly distribute it to a user of the ecosystem. The RNG of betbox is based on issuance of future block hashes on Ethereum public mainnet. *OX holders may lock tokens into the specified smart contract to receive profit share of the period. The locked OX will be burned within the process.

The first ever ICO for gamblers!
Socializing, monetizing and decentralizing the principles of betting and gambling.



Ecosystem
Native Currency OX
OX will be used as means of payment and will be utilized to participate in certain features and bets and act as staking currency to obtain a distributed proof of authority network.

Smart Contracts
We developed a smart-contract bundle based on Solidity performing all actions within betbox in an immutable and transparent way without risking any attacks

RNG
We utilize pseudo-random information from the future (block hash) to execute a random number generation on the blockchain. The RNG is used for lucky games and gambling.

Oracle
Our oracle is used to solve disputes and to find a consensus on public matters. For this mat-ter we integrate Verity into our ecosystem in order to create a global betting infrastructure for people powered by people.

OX-Sidechain
The deployment of a secondary blockchain responsible for processing small transactions is a necessary step to enlarge the applications in the betbox ecosystem.

OX-Relay
will provide a reliable relay between the Ethereum public mainnet and the OX-sidechain. To guarantee a seamless integration betbox works together with a partner company specializing on this subject.

Roadmap

Token type:  ERC20 Ethereum Token
Token issue volume: 100’000’000 OX
Token max supply: none
Token for sale: 80’000’000 OX
Tokens for Bounty: 8'000'000 OX
betbox reserve: 12’000’000 OX
Price for sale: 0.0004 ETH/OX
MarketCap after TGE: 40’000 ETH
HardCap ICO: 32’000 ETH

ICO sale
Token allocation
We will mint a total of 100 Mio. OX within our TGE. 80 Mio. OX will be distributed to the public within a sales period and 8 Mio. OX within a huge bounty program. 12 Mio. OX will be kept by the company as a reserve.

Sales Period
The sales period will be held within a private circle of investors. If you are interested to participate in our sales period, you may apply to betbox through our online form or participate in the ticket lottery and attend the official private sale.



Betbox is a fully decentralized ecosystem acting in various DApps with the assignment to provide a fully transparent, fair and yet challenging environment for people with a passion for gambling and a sense for competition. Our users may contribute their knowledge and experience to the growing project by submitting ideas or solutions, which are ready for implementation, in return for OX. Betbox smart contracts are devel-oped to reimburse 20% of the commissions (ETH) taken by the company for betting, every quarter of the year to volunteering parties* in return for tokens to moderate the inflation of OX. 100 Mio. OX will initially be created. The closure of each bet in the betbox smart contracts will create a single OX and randomly distribute it to a user of the ecosystem. The RNG of betbox is based on issuance of future block hashes on Ethereum public mainnet. *OX holders may lock tokens into the specified smart contract to receive profit share of the period. The locked OX will be burned within the process.

For more information
Website: https://betbox.app/ico
Telegram: https://t.me/betboxGlobal
Twitter: https://twitter.com/@betbox_OX
Facebook: https://www.facebook.com/betbox2018/
Whitepaper: https://betbox.app/required/whitepaper_betbox_v1.pdf

Bounty0x username: ujangsaif

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