We are pleased to announce our next AMA on August 16th 2021 at 01:00 PM UTC Time: Satoshi Club x BetU
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BetU Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. BetU Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about BetU
For more details:
BetU Website – betu.io
BetU Telegram – @betucommunity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Hi. I have a few very important questions regarding BetU.
1. How is BetU going to compete with already present Betting giants? What makes it different, more reliable, and better than other platforms?
2. What are the future collaborations are you looking at?
3.What security protocols and use cases does BetU take into account?
That’ll be all.
Thank you.
As Sports betting is a rapidly growing industry monopolised by global bookmakers earning billions of dollars in revenue every year.Can you explain how the BETU Ecosystem works ? What are the benifits of BETU Token by which it can be called as future of online batting ?Is there any charity scheme in BETU platform ? Can you also talk about the winning fees for whale holders ?
1.How do betu try to get the betters who normally bet online or not correlated with crypto into crypto-betting with betu?
2. what are your expectation on the numbers of users you will have in january 2022?
3. what will be the apporox. APY on staking betu on the platform?
Can you talk about your public sale which is starting on 16 August on your platform ? From where can user register for public sale ? Can you also talk about your token distribution
and what percentage of total is allocated to the public sale ?Can you give information about your team members their experience and qualification who help Betu platform to bring power back to people ?
As read from your whitepaper that Betu platform will enable people to become their own bookmaker and bet against their peers . In the waging industry the Betu platform will be akin to a combination of BET365 and Betfair. I want to ask is their any planning in Betu platform to incorporate the honest bet system ? Can you explain in simple words this honest bet system works ?
Can you talk about your batting platform and where it is available ? Is you are planning to launch it on iPhone & Android app? Currently The Bep-20 Token is on Binance Smart Chain ? In future will it be listed on other exchanges also ? What is your plan for taking feedback from community Do you believe that community plays major role in the project success ?
On the Pre-sale & ICO- you did said Betu aims to raise up to $5, 375,000 via an initial coin offering, 25% of the token supply been sold during the Pre-sale, 25% of the token supply to be available in the Public sale starting 16August, 2021, i.e tomorrow; could you please tell us how these Beth Token/ Currency can be acquired in the course of the Public sale starting 16 August,2021 ? Thanks
On Betu WhitePaper, Betu MarketPlace- how it works- while it will link Bet makers and Bet Takers, could you tell us who serves as an escrow in the Betu MarketPlace-to ensure a transparent betting experience in the ecosystem?
Could you please tell some of us betting enthusiasts in a layman’s understanding who exactly how Betu works? Is Betu a virtual interface market place? How do an initial investors/ bettors acquire Betu Token to be able to make initial bet on the Betu MarketPlace, Betu Token being the only form of currency to be used within the platform?
Sports betting is a fast-growing industry monopolized by global bookmakers that earn billions of dollars in revenue each year. This is unfortunately the reality. But, since BetU has entered this ecosystem, how will they democratize access and break down the barriers of entry to all types of investors and bettors regardless of their level of capital? Being a decentralized platform, what aspects of the sports betting world are enhanced within BetU?
Betu offers me to be my own oddsmaker, be my own bookmaker and set the terms of any bet. This is really interesting, but then, can transparency of this type of betting be maintained even though I can set my own terms? How do you incentivize third parties to participate in a betting model customized by someone else? How do you make it possible for this model to be fair and guarantee that the winnings will be shared fairly?
You announced that the pre-sale of the betU token was sold out in just 2 days. Besides that, the public sale starts on August 16th. Were your expectations exceeded regarding the pre-sale? Can we participate in the public sale and purchase the betU token from any country? When will those tokens be distributed to buyers? Will there be an anti-whale mechanism? how much will be the maximum that each user will be able to buy? which token will be used as a payment method?
The opportunities that BetU provides to its users are Betting rewards and Staking rewards. Who can receive these awards and in what currency are they paid, what conditions must be met? Are rewards time-bound (hourly, daily, weekly)? What rewards should the user claim on their own, and what will be transferred to the wallet automatically?
I notice that when a Bet Maker places a Bet,the total potential payout of the BETU token will be locked.And I am curious to ask,Can a Bet Maker cancel a Bet at anytime prior to the Bet Taker accepting a Bet?What will then happens when a Bet is cancelled?And can a Bet Taker accept an entire bet amount or just a part of the the bet to suit preference?
People from USA, China and Singapore cannot participate in your public sale. Does it mean that they cannot participate in betting activities on your platform? Hence they miss the public sale, what is their second option? Do you list on a CEX or a DEX soon?
Within the betting platform betU all bets must be placed with BETU Tokens. The winning bettor receives payout in BETU tokens in their wallet. Once the winner has received their reward, can they immediately use those funds to place new bets or should that payout remain blocked for a specified time?
For the sustainability of the projects, every team is trying to prevent whale activities. However, on your platform, there is no winning fee for whale holders. This will encourage whales to participate in your activities. Don’t you think whales can create sudden dumps and make your token undervalued? How do you face that kind of sell-off situation? By offering a special priviledge to whales, what kind of benefit do you expect for the project? How do you ensure that it will not be a threat for small investors?
It is stated that All holders can stake BETU Tokens to earn rewards.My question is,What amount of BETU token will a user hold in order to participate in your staking?BETU tokens are also burnt after every winning bet & if bettors attempt to cheat.What infrastructure have you set up to know when a bettor attempts to cheat?Can you tell us the amount of BETU tokens burnt after the winning bet and what is the essence of burning token in BETU,is it to influence the price of your token or do you have other reasons?
BETU is Peer to peer sports platform meaning that it is an indigenous way for anyone with an interest in sports to have the ability to place bets with other sports bettors.Can you tell us how BETU Betting platform works?And I am curious to ask,Are users given the option of both Laying and Backing even if that user have live bets in place?Does your platform also offer in-play betting markets too?
Congratulations on completing the pre-sale in just 2 days! What is the secret behind this success? What makes your token worth holding? However, you have allocated just 2.5% of the total supply for the pre-sale. 25% is allocated for the public sale which starts today. Do you think that you can achieve the public sale target by 30th? What are the minimum and maximum buying limits in the public sale? If you do not achieve the target, do you wish to extend the sale period? After these sales, when will you be listed on an exchange? What will be the token price on an exchange?
My question is how does the BetU ecosystem work? Every when the community waits for updates from BetU, Tell us about the BetU Tokens, which cryptocurrency can feed it, can it be compatible with Fiat? cryptocurrencies and Fiat have to become BetU, to be able to place bets?
I think offering betting incentives for people to join the BetU platform and working with various sports, sports and crypto influencers will be the key to scaling your business. What are the marketing strategies that BetU is developing to grow its community and business? Do you currently have sponsorship from what projects?
Offering all the betting markets offered by traditional bookmakers is one of BetU’s goals. What are the betting markets currently offered by BetU? which ones do you hope to offer? users will be able to create their own bets, which will allow to bet on anything in the public domain?
Sports betting is a fast-growing industry monopolized by global sportsbooks that make billions of dollars in revenue each year. Better Odds, Higher Winnings are the main features BetU offers. What mechanisms or tools does BetU have to achieve better winning probabilities? What are the winning percentages at BetU?
Greetings BetU looking at the website, note that there are 4 points, which are important for users,
1-Bettor, 2- Bettor, 3-Live bet, 4-Winner, but the information is little, tell us about these 4 points, since it is important to understand them as bettors and to know better the strategies of BetU. Thanks
On your website it says that Referees must hold BETU tokens and are rewarded for their contribution. How many BETU tokens must the Referees hold? And as for the rewards … what will the rewards they receive depend on? Will the rewards depend on the amount of BETU tokens they hold or on each of the contributions they make?
Can BetU users obtain an online gaming license? before the official launch of the betting platform, or is the license not necessary to be able to bet during the first bets at BetU, and when will the applications for iPhone and Android be ready on the same day of the V1 Launch of the betting platform?
Everyone dreams of amassing a fortune through betting. And that’s why “the low risk, high reward element” makes a betting challenge an attractive option for any bettor. Does BETU have materials that could guide its potential investors to navigate successfully through the platform while earning good income. And after betting events, who determines the results? Do you have a fair and transparent protocol that ensures that or is it the team that decides which is likely inappropriate?. Please elaborate more on this and how the payout would take place.
I read on your website about the BetU Charity, which supports vulnerable children impacted by gambling addiction. How will the distribution of these funds be? Where will those funds come from? Will you partner with charitable organizations? What regions of the world will BetU Charity cover? Will the donations go to children with gambling addiction or children whose family suffers from gambling addiction? Or will it cover both cases equally?
In the realm of online sports betting, one thing of major concern is FAIRNESS. Players want to know that there are no anomalies that may affect outcomes over the long-term. For instance, if every bet that is placed in the platform is immutably recorded, users can verify that, over the long run, the properly proportionate wrong figures have been dealt. So does BETU have a distributed immutable ledger that could track that the payouts of a game corresponds to the long-term frequency of those outcomes and also ensure proper payout? In a case where bets are random in nature or there is an infinite amount of bets, how does BETU tend to determine the result feed?. What protocol will you put in place to give a guaranteed result feed?
Fraud and cybersecurity are likely the most important piece to handle to legitimize the sports betting industry. As sports betting applications gain traction and start driving huge traffic, bad actors will also likely attempt to steal customer information. What strong security measures will BETU implement to build trust and maintain a sterling reputation? Will there be some sort of policies or KYC implemented in the platform to ensure that data hacks don’t occur and each user is legal to user the platform?
Engagement is everything, and like their social networking counterparts, Analysis and intelligence tools which includes where wagers are currently laying, how teams have performed historically, etc. would provide data to bettors which will allow them to increase their expected value and returns and ensure that sport betting continues to reach mainstream adoption. Does BETU aggregate, store and create pipelines via API for sports betting data feeds which I think will give it an amazing competitive advantage (and potential revenue source)?.
Most projects nowadays have anti-whale measures in place, and are vocally against them, especially with decentralization being a core of crypto. But I could see that you have “Whale Holder” benefits in your platform, where whale holders get the benefit of paying zero winning fees. What makes an investor a whale holder in your platform? How many tokens must they hold? Also, what is the price of the winning fees? And lastly, why did you decide it was the best option to encourage whales? How will it affect governance rights?
Betu Token is said to be the future of online betting, and in BetU, the BETU token will serve as the sole form of currency. Wouldn’t this make it more difficult for more people to bet in your platform? Wouldn’t bettors feel more comfortable betting in stablecoins such as USDC or DAI? Also, in any case, is the BETUI token a sort of stablecoin, or can it grow in value? With the market being as volatile as it has been the last few months, wouldn’t this present a risk for bettors? Or does it have a lock time, when there’s a bet in place?
BetU will offer a traditional sportsbook along with peer-to-peer betting. You’ve said that it resulting in better odds and bigger winnings. I’d like to know, how so? How does the sportsbook result in greater odds? also, your Public Sale started today, while your Pre-Sale is already sold out. so would you let us know what were the numbers of your pre-sale? How many investors participated, and how many tokens were allocated?
Launch V1 of betting platform is planned for Q4 2021 according to the roadmap.
Having become interested in this issue, I found out that the bookmaker platform should contain algorithms that can counteract collusion between the cashier and the client, have a working mode – Real Time, so that the client does not have to constantly refresh the page, it should be possible to work with the platform offline, as well as the presence of automated analytics to collect relevant information and make the right decisions. So, what can you tell us about the functions of your future betting platform, how automated and convenient and safe it will be for users to use?
For the fourth quarter of 2021 you have planned in your roadmap to quickly grow your user base. What strategies do you have planned to achieve this? Have you considered launching a referral program? Marketing activities with influencers from twitter or youtube? MEME contest? There are many ways to incentivize the community. Which of those ideas do you plan to launch to reach more users?
The world economy has presented a strong stage of recession as a result of Covid-19, as this situation has affected or benefited their project, they have considered including their charity token and providing help to vulnerable sectors of society, which level of security have their smart contracts, how can BETU promote honesty and transparency through betting?
You foresee that Betu’s tokens will become the future of online betting, when referring to online betting consider incorporating traditional finance or will it be exclusively the cryptographic sector, what is the procedure for placing bets Who performs the function of arbitrators and who is in charge of assigning them that function?
The sports industry has always been an inspiration for the execution of projects: clothing, realistic technological games, toys, etc., as the idea of combining cryptography with sports activities arose, you mention that sports betting is an industry monopolized by global bookmakers But now with cryptography, new investors and entrepreneurs with less capital will be able to join this industry, what opportunities does crypto offer in this regard?
There is a section on your website where you mention the role of “whale holders”, it says that they will pay zero winning fees, so, can you tell us what are the differences between these and conventional holders? How to become one of them? And this benefit of zero winning fees refers to zero fees for withdrawals of funds regardless of the amount?
I saw you’ll implement a referral program. Can you tell us the basic mechanics of this program and what limits there are for invite people to your platform? How much profits can the referral and the referee? And is there a way to keep receiving passive incomes per referee invited?
Regarding your deflationary measures, you said “BETU Tokens are burnt after every winning bet & if bettors attempt to cheat”. My question is why did you choose these measures and how certain are you that either measures will happen always to cause the burning of tokens. If the latter and former doesn’t occur all the time, how will you maintain the token value in the market? Don’t you think using the BUYBACK mechanism would work effectively as this has proved to be efficient in most projects? How do you ensure liquidity thoughout the market?
The sport betting business is very big and there exists a lot of centralized betting platforms with big reputation behind them, so can you explain us what are the killer features that make you shine and be a real option to players?
Betu will have it official pre-sale this August 16th, and basically is very easy be part of this event, but as you know sometimes appear the “whales” that only want to take quick profits and dump the Token price, so do you have any anti-dumping plan ?
The world of sports betting is very large and fast growing, but it is only for those over 18 years of age. How will they know if the BETU token holders meet this requirement?
How much is the minimum amount of BETU token I must have to participate in betting?
BETU tokens are burned after each winning bet and if bettors try to cheat. How much is the token burn amount? And what would be a bettor cheating and how do you identify it?
The betting industry is booming, but most consumers want to utilize platforms that are legal, so can you tell us how you handle your legal terms? Also, are your services available internationally or are some nations excluded?
I see a laptop photo on your website that looks like your dashboard, so is Betu solely for PCs or do you plan to integrate Betu with mobile devices?
I understand that users will be able to create their own bets in BetU, but will it really be so easy to create a bet? or to be able to publish your bet will be required to complete KYC and be very knowledgeable about sports activities? also, BetU will only have available the sports bets of the users or will also have bets created directly by its team?
Could you explain us how BETU will guarantee the reliability of the bets created by the users themselves, how to know that they will not be able to edit them for their own benefit whenever they want, thus editing the conditions and the value of the bet, or really once the bet is accepted, it will completely block both the assets and the conditions of the bet, avoiding any kind of Rug Pull?
Really, why only focus on BetU bets being in their native tokens, with so many crypto assets in DeFi? Why not really expand to multiple assets from different chains and even better until you can incorporate high value NFT tokens?
As we all know that traditional sports betting platforms are extremely attractive and successful, but do you think that blockchain sports betting platforms will also be as successful? Or will decentralized finance users really prefer to use different blockchain products, which are much less risky and more beneficial?
Regarding the BetU ecosystem, its products and its interface, could you please give us some details about the features it will contain? In addition to this, will it be extremely easy to use both for bettors on traditional platforms and for users who have never participated in sports betting before?
Can you really tell us what are the characteristics, requirements and regulations of betting on BetU? will they have a diversity of bets depending on the types of tournaments in each sport? or can you only bet on matches? and also, what are the sports that will be initially launched on your platform?
The growth of the betting industry has been plagued with a host of problems ranging from; monopoly by bookmakers, shady services and the prevalent problem with gambling addictions. Even as BetU rolls out products aimed at mitigating this challenges, how will it better provide a transparent and safe betting environment, how would your products promote fairness and equity amongst users? Even as more betting platforms offer products aimed at mitigating gambling addictions, these vices are still prevalent. Therefore, do you think your charity work alone would be sufficient enough, how will BetU ensure that it’s products are used by those who meet both the age and psychological maturity as stipulated by law?
Could you tell us what will really be the usefulness of your $ BETU tokens on your betting platform? Will it only be for the use of rates? Or will all bets actually be placed on this single crypto asset? If so, will you have any exchange or swap that will allow you to make the change from Fiat to $ BETU?
If indeed traditional sports betting platforms are extremely reliable, where they protect your capital and are extremely easy to trade Fiat assets, then why should you migrate to a sports betting platform via smart contracts with cryptoassets? Or is BetU also able to trade assets of any local currency?
You say that with BetU users will be able to get better odds and higher winnings, but will you really have some intelligent tools that will allow you to have better odds? otherwise, why are you going to get better odds of winning if they are really the same sports games that you find in traditional sports betting platforms?
In a bid to ensure liquidity in all available betting markets, BetU will provide bookmaking services with odds and result feeds from BetRadar. This bookmaker is among some of the most widely used in the online betting industry and with BetU looking to offer a better gambling experience to users, how will your collaborative service with BetRadar be different and how much of a liquid betting market will be offered to users? Additionally, BetU hopes to return 25% of it’s bookmaking service profits to token holders in the form of token burn. Can you carefully explain this process, how are these “returned” if theses profits are meant to be burned, and what is a user’s minimum token eligibility requirement?
From the graphical representation of your token distribution, BetU has allocated 2.5% to advisors, 2.5% to VCs and a massive 20% of token supply to the team. Even as BetU strives towards a decentralised community governed platform, why has it allocated the second highest token distribution numbers to the team, and how does this help to improve the economic model adopted by BetU? With investors and advisors getting 5% of token allocation, how will this tokens be disbursed to these categories of persons and how will BetU improve it’s community and user rewards schemes and how will it incentivize investors and holders alike?
Will you provide us an update on the completion of the online and mobile versions of the betting platform, which you mentioned in your Q3 roadmap? How’s it going? Can you tell us when you’ll be launching a web and mobile betting platform? Will you conduct testing and recruit testers if this platform is completed?
Thank you!
BetU has a charitable organization that helps youngsters who are victims of gambling addiction. So, could you tell us how BetU plans to prevent youngsters from being addicted to gambling on your platform? Will you have a minimum age requirement for players who want to play BetU? I’m just curious because I noticed you’re concerned about gambling addiction in minors.
Is This platform only for users who like to bet?
What are the other benefits for users who want to somthing else than Betting?
How Does Betu Platforms ensure that There is absolutly Fair/ Genuine Game is played?
What have You done to stop Cheaters?
How will Betu platform attract Exchanges to list its token?
There has been many cases that Betting platform finds hard to attract Exchanges, How do You see this?
Can We also see lending feature on BETU Platform? Can You also tell When does the Honesty Reserve comes into play?
We Have seen in past that Govt. Takes alot of action towards these Online Betting platform?
Could You tell How you went through Legal Documentation & Certification?
As High Gas fee & slow Tx speed are the main Lacking/Weak point of Many Online Betting Platform, How do you think this as a Problem?
How have You worked on this?
As you said, Sports Betting is Big Business nowadays within crypto space. BetU platform optimize this point well & leads the $BETU token to be the sole form of currency within BetU Marketplace. Can you tell us about the participation procedure of Betting events? And I saw, you take care of whale holders of $BETU tokens in a good way. What are the special offers for whale holders of $BETU on Betting events? But the problem is about this kind of Betting/Gambling platforms, it only has 50% chance to win. I also am experienced with Betting, sometimes I won & Sometimes I loose. How about BetU platform in this matter? Will you provide a relief also for loosing side?
In your roadmap you say that for this Q3-2021 you have plans to apply for initial online gaming license, so can you tell us if this has already been completed? Is BetU currently a fully legal and registered platform? And will there be restrictions in relation to age or geographic area that will be applicable to your license?
Bets are a double-edged sword, sometimes you can win unimaginable amounts of funds but you can also lose everything, can you tell us what are the risk levels of using BetU? Are bets the only way to generate profits? What other activities can be done with BETU tokens that do not involve risking everything?
BetU is a sports, esports and crypto betting platform ,secured by smarts contract and powered by $BETU . Could you tell us about the smarts contract safety and security measures adopted by your platform ? How safe are your smarts contract and ensure its free from bugs and vulnerability? Have you done any Audit yet?
You are soo kind to help the vulnerable childrens who are addicted to gambling via BetU charity support. But suddenly I felt like, BetU platform is also a kind of gambling firm since you depend on Bettings of eSport, Sport & Crypto bettings. How do you clarify this matter? How will you help children without creating more gambling addictors? Have you already donate some funds to charity institutions? You didn’t allocate even a small portion from total supply for charity works. So how will you prepare funds for charity support? Where does the money come from for charities? Uploading details about finished charity works are enhanced the transparency within the community. So will you hope to distribute the informations throughout the community via your social media?
In Q3,Q4-2021 Road map of BetU platform, you hope to list $BETU token on exchanges. Definitely you will list $BETU token on Pancakeswap since $BETU is a BEP20 model token. Can you give us a list of other exchanges, $BETU is to be listed in future? What kind of criterias will you consider about hiring a exchange to list $BETU tokens?
2.5% of Total supply was sold for a $0.015 in presale and 25% of total supply is allocated for public sale . I read on your website whale holders will pay zero winning fees . Whales are likely to have in many projects who are early adaptors. What % of supply should a whale holders need to hold and how is governance system work for whale holders? You also have a public sale bonus upto 25% . How will you prevent the whales to dump the token price and will not this affects in the sustainable growth of your project in the long run ?
How will you deal with government rules and regulations, given that you’re essentially a betting platform? In nations where betting is still illegal, how would you market your platform?
Peer-to-Peers sports betting shifts the paradigm of making wagers based on fixed odds and allows bettors to make competitive wagers head-to-head against each other. However, as things stand from a regulatory standpoint, this is complicated to pull off. How does BETU deal with regulation to really take off since most jurisdiction restricts betting?. What corporation or firm is it partnering with to ensure that it attains the required license to run the platform globally?
I found out in your roadmap 2nd quarter that BetU had a development partnership with Sotatek. But since Sotatek is not so familiar,can you describe and share some info about your partnership with them? As you start your project just this 2nd quarter of this year and I suppose that Sotatek is the first platform you had partnered with so why did BetU choose Sotatek to be your first collaboration in your platform? Can you briefly describe the Sotatek platform? What win-win benefits that you share to each other’s platform with regards to this development partnership? What are the advantages that this partnership will bring to the community and to your investors? Since it’s the 3rd quarter,does your partnership with Sotatek is still active? Thank you
What will be the procedure and price for the sale and how many participants can join this? What are your plans with regards to post-sale listing and how possible is it to join your testnet program? Kindly brief us more about these and any other good tidings you have for the us.
Hello my question is for incentives,
Do you have referrals program for bringing buyers/seller in your platform?
I have many buyers/sellers can you can explain about the commission % ? How it works and how we earn together?
Structure makes options trading accessible to everyone and much more efficient than its centralized counterpart. So as a newcomer in your platform, I want to be part of the options trading ecosystem, but can you make us understand 1st the complexities of derivatives trading?
Some of the features of BetU that interest me are that BETU Tokens are burnt after every winning bet & if bettors attempt to cheat and Whale holders will pay zero winning fees. So,why do you need to burn some tokens after every winning? What impacts does it bring to BetU platform? How will you determine if some bettors is cheating? Do you plan to penalise those cheater bettor in your platform or do you give warning to them to avoid for them to do it again? Speaking of whale holders,why you will not charge them winning fees if they win? Is it not unfair to some small holders in your platform? Thank you
Hi BetU!
While looking at your IDO documentation I noticed that certain countries are excluded from being able to participate. I’d like to ask about the citizens of countries such as the US and China and other restricted territories. Does the fact that they cannot participate in the public sale mean these people will also be restricted from taking part and betting on BetU?
Thank you!
Hi BetU!
Sports betting is a giant industry with large bookmakers ruling the scene and only caring about their profits and not about the sport loving fans who are placing bets. I see that BetU platform promises better odds and bigger winnings as an incentive to invite betting sport fans over. Please tell us how BetU guarantees better odds, I can imagine lowering fees and hence increasing the winnings but raising probabilities of better odds, that puzzles me! Can you share the estimated winning probability of an average BetU user?
Thank you!
Hi BetU!
Will $BETU token serve as the only currency on the BetU platform? I wonder if you are going to partner with some on/ramp project to allow non crypto holders to take part in the betting on BetU by depositing fiat currency through the credit card POS gateways? Aso, speaking of crypto holders, it is safe to assume that $BETU tokens will be volatile in nature similar to other DeFi tokens. Are you considering the possibility of letting users use stablecoins for placing bets and convert stablecoins into $BETU under the hood in the smart contract if needed?
Thank you!
How does BETU make the blockchain comply with eSports betting? Most traditional Sports betting apps like FanDuel, DraftKings, has achieved this goal before, so what steps will you take to realize your goal in blockchain-based eSports? What algorithms will BETU implement to keep people around and coming back to interact with the platform? And what’s your global expansion plan?
Betu combines the concepts of Sports, esports & crypto betting platform.I think this is brilliant. However, Is there any way to prevent the monopolization of power? Is there a min / max for betting on your platform? then what is the usecase of $BETU token in your ecosystem?It seems that sports betting has thrived in the blockchain industry. So, what are the features and advantages of BETU that set it apart from other competitors? And can you tell us who will be the referee and how will the referee incentives be ?
6: You say that arbiters must have $BETU tokens, how many tokens must you have to be an arbitrator? Can I be a referee of a bet created by someone else or only of the one I make myself?
In the hope that the BetU project wants to maintain an optimal and constant development to offer its users, could you tell me in detail, if the BetU project already has an online gaming license or does it plan to apply to obtain one of these. What is #BETU strategy or goal for attracting new users around the
crypto world?
Is it possible to place bets on any token, or are bets only allowed on the BETU token itself?
What are the requirements to participate in the governance of the network? What aspects are subject to voting? How often is BETU burning?
Besides betting and arbitrage, what other ways do we have to generate profits?
what are your plans and mechanisms to maintain Betu still pricefull and provide benefits to investors? do you have any plan to make Betu become digital transactions for any items, e-commerce or anything??
#AMA
Betu So interesting before it is created. btw can you tell to all people about the story that gave you the motivation to build and develope a good project like Betu?
i just see almost everyday developers around the world make the new coin/project and they have a strategy to attract investors, could you tell me what is the difference about this project between others coin that will convince and attract the investors join with BetU?
Please I don’t understand what you mean by burning token(burnt token), can you explain that more clearly? Thanks
Your public sale starts TODAY! Can you give us a preview of how it is developing? Do you hope to get a good fundraiser? Is there a high interest and demand for your project?
Do you think the recent Olympics have had a positive impact helping your community grow?
The center of the BetU ecosystem is betting. What types of bets can we make? Is it possible to place complex bets, with specific conditions, or are only simple bets allowed? Do the possibilities vary depending on each sport?
I read in your road map that you have future plans of opening up the platform for bets of any spots either esport or crypto, please I want to ask, what about those doesn’t still know anything about crypto currency do you plan getting them into BETU?