Selasa, 23 Oktober 2018

meVu.bet - P2P Network to Bet on Anything, Anytime, Against Anyone

Good afternoon readers ....
hopefully your days will be fun, this time we will discuss about Betting, secured by the blockchain.
The  most  coveted  demographic  for  online  betting  and  gambling  is  18-34The  typical  sports bettor  is  a  30-year-old  married  JX\  living  in  the  suburbs,  with  a  household  income  of $74,000  a  year.  Among  heavy  bettors,  6%  have  an  annual  income  of  $150,000  or  more, twice  the  number  of  nonbettors  in  the  general  population  who  make  that  kind  of  coin.14 Ann Vollano,  an  assistant  athletic  director  at  the  University  of  Michigan,  who  co-authored  a  1999 study  on  student-athletes  and  gambling  found  that  new  technology  is  constantly  making betting  more  convenient  and  acceptable.  The  generation  that  are  taking  most  advantage  of this technology  are  young  people  aged  21  to  29.  “Younger  people  are  more  internet  savvy,  and it’s  easier  for  them  to  gamble  now,”  says  Vollano.  “They’re  also  more  apt  to  take  risks.” Moral  qualms  on  betting  are  also  fading,  studies  found  nearly  two-thirds  of  people  in  their 20s  believe  sports  betting  to  be  just  another  leisure  activity  and  “no  different”  than  buying  a lottery  ticket,  while  41%  see  internet  sports  betting  as  “perfectly  harmless”
The  sports  betting  market  occupies  the  largest  market  share  in  the  overall  gambling  market. It  accounts  for  around  40  percent  of  the  gambling  revenue  generation  across  the  globe. Technavio’s  market  research  analyst  predicts  the  global  sports  betting  market  will  grow  at  a CAGR  of  more  than  4  percent  during  the  forecast  period  2016-2020.
Global  online  gambling  equated  to  $40  billion  in  gross  gambling  yield(GGY)  in  2013  (up 4.4 percent  from  $38.32  billion  in  2012)  and  is  forecast  to  reach  $50  billion  in  2017.  Online sports  betting  accounted  for  nearly  50  percent  of  the  overall  global  online  gambling  market figure  for  2013,  equating  to  around  $19.3  billion.


Because of this, a blockchain is needed to store and protect players and get transparent information so that player bets are safe. let's discuss more about the Mevu Project and the benefits of Mevu.
Mevu uses smart contracts on the Ethereum blockchain to immutably and transparently store players funds and information, providing players with confidence that their bets will be executed securely and quickly.
Players can set their own odds, and bet on virtually anything. By cutting costs of traditional sportsbooks, and 3rd parties, Mevu players enjoy a historically low 2% fee


meVu  is  a  peer-to-peer,  decentralized  application  that  matches  players  who  agree  to  odds  on a bet.  These  bets  can  be  centred  on  a  sporting  event  or  users  can  create  custom  bets  on anything  with  two  possible  outcomes.  Running  on  the  Ethereum  Virtual  Machine,  meVu’s open-source  smart  contract  creates  a  secured  escrow  that  is  publicly  viewable.  This  allows players  to  follow  their  Ethereum  cryptocurrency  “ETH”  throughout  every  step  of  the  betting process.  Creating  peace  of  mind  that  once  the  winner  is  determined  the  Ether  will  be  paid out  quickly,  securely  and  automatically.  All  funds  are  held  within  a  contract  on  the blockchain  and  no  individual,  company  or  government  can  interfere  with  the  payout.  meVu virtually  eliminates  the  risk  of  hacking  and  regulatory  interference  as  there  is  no  single  point of  failure  in  a  blockchain  network.  By  clearing  payouts  on  Ethereum,  meVu  can  cut  the waiting  times  of  traditional  sports  books  while  reducing  fees  from  10  percent  to  as  low  as  2 percent  because  it  is  never  processed  by  a  bank  or  any  3rd  party  institution.

OUR PLATFORM
Revolutionary underlying technology calls for an equally revolutionary user experience. Our platform has been designed from the ground up to be tailored to the unique form of betting and settlement offered by the blockchain


VISION
meVu  aims  to  become  the  most  revered  global  platform  made  exclusively  for  players  to  bet anything,  anytime  against  anyone.  We  envision  a  time  when  a  common  phrase  could  be “Let’s  meVu  bet!”  meVu  will  initially  focus  on  custom/social  and  sport  head-to-head  bets, but will  quickly  expand  to  add  multi-bets  in  which  multiple  players  can  take  the  complementary position  against  a  single  larger  bet.  meVu  will  add  exclusive  features  for  our  token  holders to participate  in  pooled  bets  on  sports  games  and  provably  fair  casino  style  games  in  which they  use  the  MVU  token  to  play.  Finally  our  API  is  already  in  development,  allowing existing  sportsbook/e-sports  wagering  sites  to  use  our  contracts.  The  meVu  brand  is  focused on  bringing  betting  back  to  its  basics,  between  people,  the  way  it  was  meant  to  be.  Putting control  and  power  back  in  the  player’s  hands,  we  want  to  foster  competition  with  global leaderboards  while  heightening  the  thrill  and  excitement  of  betting  against  other  players  as opposed  to  sport  bookies.

MVU  APP  TOKEN
The  meVu  token  (MVU)  is  an  essential  part  of  the  meVu  ecosystem  and  economy.  The  major  utilities  available  to  meVu  token  holders  are.
  • Reporting  the  results  of  sports  games  byreaching  consensus
  • Comepting  on  exclusive  discounted  games(pooled  and  the  future  addition  of  mini  games)
  • The  right  to  participate  in  a  monthly  lottery
  • Claiming  referral  rewards

TOKEN  SALE 
ITO DETAIL

Tokens  will  only  be  claimableafter  the  sale    ends  on  Dec  18th  2018.7he  funds  raised  during  the  Public  I7O  for  the  MVU  token  will  be  used  according  to  the  chart  shown.

ROADMAP

Our Partners


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Author : Letty sits

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