Incubator Overview: Betero
In this article, we deep dive into our latest incubator project Betero; clarifying key dates and the eligibility criteria for PRYZ holders.
For this project, we are delighted to offer all PRYZ tier holders a pre-sale whitelist. The pre-sale will operate on a first come first served basis.
What is Betero?
While there are several sports betting platforms on the market, almost all platforms that are trusted and have a good reputation only accept fiat payments.
Betting platforms that accept crypto payments are often not well known. More importantly, these platforms simply focus on accepting crypto payments while continuing to use traditional betting platform technologies. In essence, they are using the technology of centralized betting solutions, with the only difference being that they accept crypto payments; they are not blockchain based. Furthermore, those platforms seem to focus more on maximizing their profits than on giving back to the users, which is a sign of centralized structures and outdated thinking.
Betero’s vision is to build a next-generation sports betting platform based on the following core principles:
The Betero protocol will function as a hybrid decentralized model that enables the platform to function in a manner as simple as that of traditional betting companies. To build the Betero platform, blockchain technology and smart contracts will be used for the most part, provided it ensures simplicity for the user. For funding, users can connect their wallets and deposit crypto in their Betero escrow accounts. This process occurs entirely on the blockchain. The user funds are handled and protected by smart contracts.
Betero is the world’s first online bookmaker that accepts deposits of multiple cryptocurrencies. Users can start betting on their favorite games with just a few clicks.
By aggregating various sports data providers, Betero will be able to offer the best odds on the market. Moreover, through the integrated Betero DAO, token holders can vote for their preferred data providers. Betero’s unique profit redistribution mechanism will ensure that the users and BTE holders profit the most from the success of the betting platform. All profits will be redistributed back to the people, making Betero fully decentralized. The Betero app is very simple to use; it offers users all the necessary information and just the right tools for placing bets on the go.
Project Roadmap
Stage 1
Performing seed raise, private sale, pre-sale, and public sale
Launching the website
Deploying the token contract and auditing it
Stage 2
Launching Betero yield-farming program
Launching the Betero DAO governance interface
Backend development and building the infrastructure
Starting the development of the app and web version
Stage 3
Releasing the web version on BSC Testnet
Launching the Betero beta tester incentive program
Stage 4
Releasing the mobile app for iOS and Android
Launching the full service on BSC Mainnet
Starting the Betero profit redistribution
Support of the major football leagues
Stage 5
Accepting cross-chain crypto transactions
Adding several different sports for which users can place bets
Sponsoring football clubs
Core Team Breakdown
Alvaro
The founder of the project. He comes from the professional soccer sector and uses the reach of his community to make Betero grow quickly. He knows the emotions of the gamblers and the interests of the majority. The idea was born after a market analysis of digital sports betting. He has had the first cooperation talks with some clubs. He hss built a large team, which is ambitious and experienced in the crypto world. He doesn’t want to build just a platform, he wants to build the biggest one.
Lucas
A marketing strategist who himself has worked successfully for several years in a large company (Würth) in the field for the promotion of products. The main task there was to advertise the products in the best possible way. He also has several years of experience in the betting business. He is very well connected with people who have a high reach in socicl media in Germany.
Isabella
Studied business administration and has extensive experience in marketing. Besides setting up and working in startups, she gained experience in creating a sales funnel concept for a fashion brand and working in key account management for Bosch. She is very well connected to other successful marketers in the field and loves to attend marketing summits to learn about the latest advertising and marketing techniques to supercharge Beteros marketing activities.
Amir
He’s a 26 year old event manager from Berlin, who had successful events all over Germany so far. Additionally he has participated in festivals and has worked on graphic designs not only for his own events but also for clients all over the country. His social media reachesa lot of followers on a daily basis and he’s very much connected to female and male influencers in Germany.
Partners / Investors
Leon Dajaku (Professional Footballer)
More TBA
Metrics
Tokenomics
Check out the Betereo Website and Litepaper for a deeper dive into the Project and vision for the Mobile Application
Key Dates Eligibility Criteria
Betero Pre-Sale
Date: 26th of March, 2022
Time: 19:00 UTC
Minimum Contribution: 0.25BNB
Maximum Contribution: 2BNB
Soft Cap: 550 BNB
Hard Cap: 1100 BNB
The pre-sale will be on a first-come, first-served basis. We encourage you to be ready to contribute as soon as the pre-sale goes live to avoid disappointment.
PRYZ Tier Breakdown
All PRYZ tier holders will be guaranteed a whitelist wallet for the Betero pre-sale.
Enthusiast — $500 of PRYZ token
VIP — $2000 of PRYZ token
Inner Circle — $5000 of PRYZ token
To verify your tier eligibility you must stake your tokens in the new incubator when it goes live on our new website later this week.
Important Links
Website: https://www.betero.io/
Telegram: https://t.me/beterocoin
Telegram (announcements): https://t.me/Beteroannouncements
Litepaper: https://www.betero.io/Betero_Litepaper.pdf
