Bitcoin Sport - (Review) a decentralized public cryptocurrency project based on the blockchain technology
✅About Bitcoin Sport
A blast has knocked the investment market which we are not going to overcome of. Crypto investment is that blast. While Bitcoin acquired by many has gained legitimacy among millions together with Ethereum, It is centralized and seems to offer a one-dimensional approach to cryptocurrency market but not rendering a comprehensive solution to the widespread problems that blockchains and cryptocurrencies face. Cryptocurrency has been able to present a comfortable to use the digital option to fiat currencies. Offering frictionless transactions and inflation control, investors have been reasonable enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not factor a systemic risk. Cryptocurrency, also known as digital assets, trading is the buying, selling or holding of cryptocurrencies such a Bitcoin (XBT), Ethereum (ETH), Litecoin (LTC) amongst others, with the aim of generating a profit from short, medium or long term fluctuations in their prices.
Bitcoin Sport is a decentralized public cryptocurrency project based on blockchain technology — a token coin with an instant money transfer system and multi-currency, Waves crypto wallet based on the Waves-Platform, supported by the BS Cryptocurrency Fund and the Internet Investment Fund, which additionally provides liquidity, advertising support for the project and ultimately coin value growth.
The Bitcoin Sport venture accompanies a future stage and an advanced money bank that consolidates the advantages or vantage of an exemplary save money with the assistance of brokers, players of a cryptographic money showcase, and an astounding method for putting resources into the computerized cash advertise.
Bitcoin Sport (BSport) is a cryptographic money stage being made and a different computerized cash. Presently the expense of a Bitcoin Sport (BSport) coin is pegged to a few well known digital currencies (BTC, ETH, Waves and USD) with a conceivable development of the rundown later on.
✅The goal of Bitcoin Sport
The goal of the project is to create a crypto exchange market in the social network Vkontakte and a trading platform combined with a cryptocurrency wallet for several cryptocurrencies, where various crypto assets and title signs of the leading exchange assets (oil, gas, gold, shares of the largest companies) will be available for trading – analogue forex, game and exchange services on the blockchain. In the system it is planned to envisage the possibilities of sports betting on the blockchain, where they will be able to play sports betting.
✅Advantages of Bitcoin Sport
➡️. Transactions
In traditional business dealings, brokers, agents, and legal representatives can add significant complication and expense to what should otherwise be a straightforward transaction. There’s paperwork, brokerage fees, commissions, and any number of other special conditions which may apply.
One of the advantages of cryptocurrency transactions is that they are one-to-one affairs, taking place on a peer-to-peer networking structure that makes “cutting out the middle man” a standard practice. This leads to greater clarity in establishing audit trails, less confusion over who should pay what to whom, and greater accountability, in that the two parties involved in a transaction each know who they are.
➡️. Asset Transfers
One financial analyst describes the cryptocurrency blockchain as resembling a “large property rights database,” which can on one level be used to execute and enforce two-party contracts on commodities like automobiles or real estate. But the blockchain cryptocurrency ecosystem may also be used to facilitate specialist modes of transfer.
For example, cryptocurrency contracts can be designed to add third party approvals, make reference to external facts, or be completed at a specified date or time in the future. And since you as the cryptocurrency holder have exclusive governance of your account, this minimizes the time and expense involved in making asset transfers.
➡️. More Confidential Transactions
Under cash/credit systems, your entire transaction history may become a reference document for the bank or credit agency involved, each time you make a transaction. At the simplest level, this might involve a check on your account balances, to ensure that sufficient funds are available. For more complex or business-critical transactions, a more thorough examination of your financial history might be required.
Another one of the great advantages of cryptocurrency is that each transaction you make is a unique exchange between two parties, the terms of which may be negotiated and agreed in each case. What’s more, the exchange of information is done on a “push” basis, whereby you can transmit exactly what you wish to send to the recipient — and nothing besides that.
This guards the privacy of your financial history and protects you from the threat of account or identity theft which is greater under the traditional system, where your information may be exposed at any point in the transaction chain.
➡️. Transaction Fees
You’ve no doubt read your monthly account statements from the bank or credit card Company, and balked at the level of fees imposed for writing checks, transferring funds, or breathing in the general direction of the finance houses involved. Transaction fees can take a significant bite out of your assets — especially if you’re performing a lot of transactions in a month.
Since the data miners (remote and separate computer systems) that do the number crunching which generates Bitcoin and other cryptocurrencies receive their compensation from the cryptocurrency network involved, transaction fees usually don’t apply.
There may be some external fees involved if you engage the services of a third-party management service to maintain your cryptocurrency wallet, but another one of the advantages of cryptocurrency is that they are still likely to be much less than the transaction charges incurred by traditional financial systems.
➡️. Greater Access to Credit
Digital data transfer and the internet are the media facilitating the exchange in cryptocurrencies. So these services are potentially available to anyone who has a viable data connection, some knowledge of the cryptocurrency networks on offer, and ready access to their relevant websites and portals.
It’s estimated that there are currently 2.2 billion individuals across the world who have access to the Internet or mobile phones, but don’t currently have access to traditional systems of banking or exchange. The cryptocurrency ecosystem holds the potential to make asset transfer and transaction processing available to this vast market of willing consumers — once the required infrastructure (digital and regulatory) is put in place. Others are;
✅ General information about ICO
• The project token was created on the basis of WavesPlatform, but in the future we plan to partially switch to the Ethereum platform and create a separate blockchain
• Total limit of 21 million coins (the circulation is similar to the original bitcoin)
• Additional issue of coins is impossible, which distinguishes it from the monetary units that are subject to inflation.
• Number of decimal places – 8
• Date of creation – 01/16/2018
• Date of access to the decentralized exchange DEX – 01/19/2018
• Transaction time – max 15-30 seconds
• The transaction price between purses – 0.001 Waves (less than $ 0.01) – is tied only to quotations of waves.
• The price of placing an order to buy or sell a coin on a decentralized exchange DEX – 0.003 Waves (less than $ 0.03)
• Total limit of 21 million coins (the circulation is similar to the original bitcoin)
• Additional issue of coins is impossible, which distinguishes it from the monetary units that are subject to inflation.
• Number of decimal places – 8
• Date of creation – 01/16/2018
• Date of access to the decentralized exchange DEX – 01/19/2018
• Transaction time – max 15-30 seconds
• The transaction price between purses – 0.001 Waves (less than $ 0.01) – is tied only to quotations of waves.
• The price of placing an order to buy or sell a coin on a decentralized exchange DEX – 0.003 Waves (less than $ 0.03)
✅ ROADMAP
✅Strong Team
Mike Berstein — Creator and leader
Yuri Glushko — Head of the Programming Department
Igor Larin — Main SMM partner
Alex Zarubov — expert on stock markets and trading
Anna Tabakova — content advertising, technical issues
Olga Aristova — Legal Department
Bogdan Skrypka — promotion in cryptosooboschestvo and crypto forums
Serge Voronov — contextual advertising
Anatoly Kashirsky — Department of Banking
Team of consultants and freelancers.
For more information, please visit:
Website: https://bitcoin-sport.org
Whitepaper: https://vk.com/doc2464324_480478004
Bounty BTT: https://bitcointalk.org/index.php?topic=5061489.0
ANN: https://bitcointalk.org/index.php?topic=5038633.0
VK: https://vk.com/bsporteng
Twitter: https://twitter.com/cred_fin
Facebook: https://www.facebook.com/BitcoinSport24/
Telegram: https://t.me/BSportENG
Telegram 2: https://t.me/joinchat/K3WISRJPPZU7wLJN5krSxQ
Whitepaper: https://vk.com/doc2464324_480478004
Bounty BTT: https://bitcointalk.org/index.php?topic=5061489.0
ANN: https://bitcointalk.org/index.php?topic=5038633.0
VK: https://vk.com/bsporteng
Twitter: https://twitter.com/cred_fin
Facebook: https://www.facebook.com/BitcoinSport24/
Telegram: https://t.me/BSportENG
Telegram 2: https://t.me/joinchat/K3WISRJPPZU7wLJN5krSxQ
Author: yanspiki53
ETH : 0xcC67ce0443A2Eba84430305E0B201599B879c8c0
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