Batu Permata: BETEX

Peer-to-peer binary options platform

What is Betex?

Betex is a leading-edge platform for P2P financial derivatives trading. It enables users to place bets on future changes against each other.

As a platform provider, we cannot engage in betting. Thus, there is no way for us to benefit from it. We only profit from collecting service fees.

Built with Blockchain technology, unlike traditional platforms, Betex provides access to real-time data, thereby, ensuring absolute transparency of its system.

Determined to reinvent financial derivatives market, we strive to instill incorruptible business logic that would conclusively eliminate the issue of trust.

Some Betex Excellence

Transparency

Blockchain technology provides open access to information at all times, thereby, ensuring fully transparent process, accurate data records and equal terms for everyone.

Provable fairness

Since we are not betting, there is no reason for us to manipulate results. Whatever is the outcome of your bet, we get to profit from collecting service fees.

Common pool of liquidity

The goal is to consolidate maximum liquidity from the derivative markets through forming one common pool of liquidity for each trading asset, instead of creating multiple tiny ones.

White label for brokers

We use the white label model to build solutions and provide services that allow minimizing entry and setup costs as well as help brokers launch their business in no time.

Instant payouts

Payments are automatically released by smart contracts straight to your ETH wallet, ensuring immediate withdrawals without delays or cancellations.

No deposits

Platform users get instant access to all of its functions and features without having to make any kind of deposits first.

Business model

We designed a radically new business model to shift user mindset from worrying about the integrity of platform providers to focusing on own capacity to make profit.

Betex is the only platform, where as much as 95% of funds are distributed among traders, who succeed.

Besides, we are forming a large common pool of liquidity for each underlying asset in order to maximize users’ gain.

Powered by Ethereum smart contracts, Betex brings undisputable transparency, fair conduct and auditable results to Binary Options trading.

Betex tokens distribution

5% Token Pre-Sale Round 1
15% Token Pre-Sale Round 2
30% Token Sale
10% Reserve for brokers (Vesting for 6 months)
8% Reserve
2% Bounty
30% Founders and team (Vesting for 6 months)

Roadmap

Q4 2016: Idea
Q1 2017: Research & Development
Q2 2017: Proof of Concept
Q3 2017: Website Lauch
Q4 2017: Launch and test oe the p2p binary options platform MVP in the test net, Pre-sale of Betex tokens in accordance with SAFT, Audit of the platform smart contracts, Web interface design of a platform section p2p sport betting.
Q1 2018: Obtaining a license of betting, Commercial Launch of the p2p binary option platform betex, Development of the available trading pairs list, Lauch and test of a section of the platform MVP for p2p sport betting in the test net.
Q2 2018: Commercial launch of platform section for p2p sport betting, Connecting to the platform of the first brokers, Development of an API for a trading bots, Launch of the platform mobile App for Android/IOS, Running the platform desktop client application.
Q3 2018: Registration of the Betex token in the SEC, Carrying out the main stage of Betex token sale, Developing and connecting to FIX API, Development of the platform section for p2p betting in irregular event.
Q4 2018: Scaling the network and /or moving to a more productive block, Launch of the platform section for p2p betting on non-regular event.
Q1 2019: Global market Expansion & Adaption, Project Breaktrough.

Betex ICO