MeVu: Decentralized Betting on Blockchain Technology

in #mevu • 6 years ago (edited)

The sports betting are very famous in the online gaming world but it is struggling with some major issues like clients have to pay a high amount of fees for it. When it comes to sports betting, there are numbers of operational costs and additional fees are added to it before anyone bet for its possible outcomes. Apart from it, players have to pay high fee charges because they need to deal with third party institutions for it. Moreover, players are also at the risk of security vulnerabilities, a risk of losing funds, regulatory repercussion, etc.

Therefore, to resolve such issues MEVU has come up with the solution with the smart contract Ethereum blockchain. This blockchain efficiently works in storing player’s information and funds in a secure and transparent manner as well as enhance the confidence level of the players when it comes to betting.

About MeVu

MeVu is a peer-to-peer gambling platform that runs on the Ethereum blockchain. Responsible for this disruptive blockchain-based solution is meVu.bet, a startup company founded in 2015 and headquartered in the Canadian city of Waterloo, Ontario.

The meVu decentralized betting platform (available firstly as a web-browser app, and then mobile at a later date) will first facilitate custom/social and sport head-to-head bets, before then expanding their offering to include multi-bets – a function that will allow multiple users to take the complementary position against a single larger bet.

What’s interesting is that you don’t have to just bet with your friends. It’s possible to make new betting friends with other users in the network. MeVu’s platform aims to bring betting back to individuals who want to use it for fun.

MeVu Benefits

  • The platform uses the Ethehreum blockchain that utilises smart contracts which allows for transparency and increased security.
  • The elimination of bookies and 3rd party institutions accelerates the rate at which players receive their funds. The automatic pay out system ensures that bets are paid out at an incredibly low fee.
  • The token is set to receive accelerated growth. Though not guaranteed, the team intends to have it listed on credible exchanges after the public sale to offer an opportunity to trade it. Doing so will also increase its demand.
  • The MEVU platform also eliminates 3rd party gouging which makes betting a fun-filled affair without much complications or limitations.
  • Through the token there’s minimized regulatory interference which often brings about a lag in betting activities. Since the platform is decentralized, players can place their bets at any given time from wherever they are.
  • Competition is foster due to the global leader boards. Placing bets on this platform can be done from any part of the globe which helps bring in a competitive spirit.

MVU Token

The MVU tokens are the most important elements that help in running the MEVU ecosystem and economy. The utilities available for the MVU Token holders are:

  • The decentralized result verification process is highly important for a platform as it helps in protecting the players from the risk of manipulation, frauds or a certain type of criminal activities.
  • Players who have MVU tokens will get an opportunity to access the MVU token to bet on pooled sports games. They are also allowed to bet MVU on fair casino-style games.
  • Another way through which you can acquire MVU is inviting friends that allow you to become an active user of the platform. Once you referred your friend and he played his first competitive game on the platform then you and your friend both will receive a reward.

Token info

Token: MVU
Platform: Ethereum
Type: ERC20
Total: Supply: 105,000,000 MVU
Website: https://mevu.bet/

Investment info

Tokens for sale: 60,000,000 MVU
Price in ICO: 1 MVU = 0.34 USD
Min. investment: 10 USD
Accepting: ETH
Softcap: 2,000,000 USD
Hardcap: 15,300,000 USD
ICO Page: https://mevu.bet/ico

For more information, you can visit the following links:

WEBSITE: https://www.mevu.bet/
WHITEPAPER: https://www.mevu.bet/#whitepaper
ANN TREAD: https://bitcointalk.org/index.php?topic=2717747.0
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=4966397.0
TWITTER: https://twitter.com/mevu_bet/
FACEBOOK: https://www.facebook.com/betmevu/

Author: Binar Bumi
Bitcointalk Username: binar234
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2053245
ETH Address: 0x573E9730fe386661F91D9189A0330ce577df0175

#decentralized #betting
6 years ago in #mevu by
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