Contribute

Leave your email to get more information and news about Betex ICO

Powered by Ethereum smart contracts

Peer-to-peer binary options platform

Token Sale has been successfully completed. The platform will be launched in April.

Token Sale Details here

Smart Contract Details here

tablet
binary-platform

Bringing clear-cut transparency to the financial derivatives markets

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.

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

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

Q42016
Q12017
Q22017
Q32017
Q42017
Q12018
Q22018
Q32018
Q42018
Q12019

Q4 2016

Idea

Q1 2017

Research & Development

Q2 2017

Proof of Concept

Q3 2017

Website Launch

Q4 2017

  • Launch and test of 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 for p2p sports betting;

Q1 2018

  • Obtaining a license for betting;
  • Commercial launch of the p2p binary options platform Betex;
  • Development of the available trading pairs list;
  • Launch and test of a section of the platform MVP for p2p sports betting in the test net;

Q2 2018

  • Commercial launch of a platform section for p2p sports betting;
  • Connecting to the platform of the first brokers;
  • Development of an API for 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 on irregular events;

Q4 2018

  • Scaling the network and / or moving to a more productive block;
  • Launch of the platform section for p2p betting on non-regular events;

Q1 2019

  • Global Market Expansion & Adaptation
  • Project Breakthrough.

Pre-Sale has been successfully completed with $3,722,100 raised and 1,588,840 tokens sold.

ROUND 1

Dates:

Dec 4, 2017 — Jan 8, 2018

Token price:

$2.00

Tokens for sale:

500,000 out of 10,000,000 (5%)

Hard cap:

$ 1,000,000

Min purchase amount:

15,000 BETEX

Sold out:

500,000 BETEX ($1,000,000)

ROUND 2

Dates:

Jan 10, 2018 — Feb 18, 2018

Token price:

$2.50

Tokens for sale:

1,500,000 out of 10,000,000 (15%) (completed)

Hard cap:

$ 3,750,000

Min purchase amount:

5,000 BETEX

Sold out:

1,088,840 BETEX ($2,722,100)

Funds distribution

Funds Distribution

  • 40% Platform Development
  • 15% Marketing
  • 15% Legal Support
  • 15% Operational Costs
  • 5% Research
  • 10% Reserve

Token Sale has been successfully completed

All unsold tokens will be distributed among Pre-sale and Public Sale participants on pro rata basis

Dates:

Mar 1, 2018 — Apr 14, 2018

Token price:

$3.00

Tokens for sale:

3,000,000 out of 10,000,000 (30%)

+ 411,160 unsold of Pre Sale Round 2 (4,11%)

Hard cap:

$10,233,480

Min purchase amount:

0.5 ETH

0 left
0 sold

Betex MVP

We built two versions of the platform to provide you with a better understanding of the concept behind a common pool of liquidity and to demonstrate how it actually works.

Our team

team-person
Oleg Torkhov

Co-founder & CEO

team-person
Mykhailo Tiutin

Co-founder & CTO

team-person
Kostiantyn Kliuiev

VP of Engineering

team-person
Mykhailo Savchuk

Blockchain & Back-end Developer

team-person
Oleksii Koshlatyi

DevOPs & Infrastructure

team-person
Oleksandr Babichev

Front-end Dev

team-person
Iana Gyzhytska

Content Strategist & Writer

team-person
Evgeny Zhytnyuk

Community Manager

team-person
Anatolii Kucheruk

Smart Contract Developer

Advisors

team-person
David Drake

Board Advisor

team-person
Kos Chekanov

Design Advisor

team-person
Alexandr Kerya

Marketing Advisor

team-person
Alexandru Radulescu

Trading Advisor

team-person
Matyas Zaborszky

Strategic Advisor

team-person
Steve Good

Business Strategy and Digital Marketing Advisor

team-person
Vladimir Nikitin

ICO Advisor

team-person
Scott Douglas

Business Strategy Advisor

Media

Contacts

Whitepaper