Betrium
Betrium
Token: BTRM


Future of Gambling

PreICO dates
Start date: 23rd Oct 2017
End date: 14th Nov 2017

ICO dates
Start date: 2017-12-07
End date: 2018-01-07

Registrated in: Russia

Platform: Ethereum
Type: ERC20

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http://betrium.co/ Screenshot
Betrium categories
Casino & Gambling Cryptocurrency Entertainment Platform Sports
Betrium whitepaper
Video
Betrium token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 5,000 ETH
Hard cap 125,000 ETH
Price 1 ETH = 1200 BTRM
Price in PreICO 1 ETH = 6000 BTRM
Acceppting ETH
Betrium news, social
Betrium search trends in Google
Random whitepaper excerpts

CONTENTS
1.
Summary
3
2.
Introduction
5
3.
The Project
6
3.1
Corporate Information
6
3.2
Contact Details
6
4.
Market
Overview
7
4.1
Key
-
Facts
7
4.2
Overall Data
8
4.3
Mobile Gambling
12
4.4
Conclusion
13
5.
The Problems
14
6.
Solution: Betrium
15
7.
Our Vision
16
8.
Developing
17
8.1
Investments
17
8.2
C
apital
17
8.3
Regulation
17
8.4
Technologies
18
8.5
Technical Description
18
8.6
UI Design
18
9.
Services To Be Offered
19
9.1
Organizers Platform
19
10.
Future Of Gambling
20
10.1
Ultimate Ope
n
API
20
10.2 <...

10.3
Online Lotteries
20
10.4
Live Sports
21
10.5
Offline
21
10.6
Regulatory
21
11.
Financials
22
11.1
Bookmaker Business Model
22
11.2
Sources of Revenue
23
11.3
Revenue in Future
23
11.4
Revenue Plans
24
11.5
Expansion Expenses
24
11.6
Annual Budget
27
11.7
SWOT Analysis
28
12.
I
С
O
30
12.1
Why
ICO
?
30
12.2
Token
30
12.3
Pre
-
ICO
31
12.4
ICO
32
12.5
Tokens Allocation
33
12.6
Tokens Creation
33
12.7
Profit
Share
33
12.8
Additional
Benefits
33
12.9 —
12.12 Disclaimers
34
13.
Roadmap
35
14.
Team
36
1...

1.
SUMMARY
Betrium is the solution developed by group of
entrepreneurs and MIT & MIPT graduates offering the first partly
decentralized worldwide betting service (betting exchange &
sportsbook) with zero-commissions accepting crypto-currencies
and offering platform for event organizers, developers and third-
party service providers.
As 2017, the global regulated gambling market is about
$533b. The betting market accounted for $70b in global gross
yield. The unregulated sector is many times larger.
Today’s online betting services have a several disadvantages:
— They’re not worldwide and allow withdrawals in limited
countries only.
— Most of betting services does not accept crypto-
currencies at all.
4
...

— They take high commissions.
— Some of betting services automatically take taxes on
personal income.
— Makes profit for beneficiaries only.
Some of the today's decentralized solutions have the following
problems:
— Slow bets processing. Any solution powered just by
Ethereum blockchain simply can’t provide the speed required for
professional betting/trading on sports.
— Crypto-currencies volatility.
The solution is Betrium.
— Betrium accept crypto-currencies from all around the
world.
— We can process bets fast on our decentralized platform.
— We stabilize crypto-currencies volatility.
— We offer the lowest commission and the most profitable
odds possible.
— We optimize our customers’ taxes and fees.
— We provide platform for event organizers (such as e-
sports streamers, sport leagues etc.), so they create own
matches/games on a blockchain and can earn money.
— Finally, Betrium is 20% more profitable for cus...

2.
INTRODUCTION
As a part of an IT outsourcing firm, our Team once had a
project related to sports betting services (odds analysis and
betting automation). During the process of development, we
faced the three obvious problems: in most cases, bookmakers'
commissions and fees are absolutely unfair; they accept only
national currencies (USD, EUR, RUB) and allows money
withdrawing in limited countries only; the betting providers are
completely unfriendly to developers and bots.
We made some research of the betting and gambling markets
and bookmakers' business model. After months of analysis, our
Team came to the conclusion of building own advanced and fair
service based on powerful blockchain technology.
In Betrium bets happen off-chain and only added when the event
happens and the outcome is undeniable. However the bets are
broadcasted all over the network instantly for the odds to be
recalculated.
That means, in contrast to competitors, we are
able ...

3. THE PROJECT
3.1
CORPORATE INFORMATION
'
ARDOX' SP Z O O
('the Team') is a limited liability
company pursuant to European Polish laws, registered in 2014,
KRS: 0000509711, NIP: 7811895945, REGON: 302724922. The
Developer has its corporate seat at Jana Henryka D
ą
browskiego
80/4, Pozna
ń
. The team is developing Betrium project as
described in this Whitepaper.
As of the day of this whitepaper, Mr. Maksym Suvorov and Mr.
Artem Boruta act as managing directors, having legal power to
represent the Team.
Due the widespread fraud and scam in ICO, the management of
Betrium is the first to offer real guarantees as an option for
investors.
Moreover, the Team is open for private investments. The Betrium
is developing the new generation online service and looking for
companions in this journey. Together, we'll make a future of
gambling.
3.2 CONTACT DETAILS
The following are official Betrium channels you ma...

4
.
MARKET
OVERVIEW
The following is a summary of gambling and betting
markets. The summary is taken from publicly available sources
on the Internet. The main sources are:
Global Betting and
Gaming Consultants (GBGC), Technavio, Morss Analysis,
European Gaming and Betting Association (EGBA), Firstgaming.
4.1 KEY
-
FACTS
The global licensed and regulated gambling is $533 billion.
Interpol estimates that the unregulated Asia betting market
alone is worth round $500 billion per annum with the
worldwide unregulated market at upwards of $1 trillion.
Global lottery sector has continued to show steady growth
in otherwise difficult economic circumstances.
Europe had the largest betting global gross yield with 41%
of global market share, just ahead of Asia with 39%.
For the British remote betting market, overall turnover
(excluding betting exchanges) has increased considerably
from £10.3 billion in 2008/9 to £19.6 billion in 2...

4.2
OVERALL DATA
The global licensed and regulated gambling market (all
products including: betting, poker, casino, bingo, gaming
machines and lotteries) is forecast to reach $533 billion in 2017.
That would represent a 47% increase from the $363 billion
market figure a decade earlier in 2007.
Global Betting and Gaming
Consultants (GBGC) and Morss Analysis
Betting accounted for nearly 14% of $430 billion in total global
gross gambling yield in 2012, with the latter forecast to reach
over $470 billion in 2014. Betting similarly accounted for 14% of
the $337.1 billion global market in 2007; the latter has grown by
27.5% to reach the 2012 figure.
European Gaming and Betting
Association
9
...

Betrium Roadmap

1
June 2016
We found Betrium
2
April 2017
Private investment - Betrium raises $220k from angel investor.
3
September 2017
IT infrastructure - Development of IT infrastructure is 70% completed.
4
October 2017
Preparation for ICO - Legal issues, marketing, advisors.
5
Late October
Pre-ICO - Betrium's pre-ICO starts.
6
10 November 2017
MVP - Betrium launches public MVP.
7
December 2017
ICO launches.
8
Late December 2017
IT infrastructure - 80% of IT infrastructure prepared for the first closed tests.
9
January 2018
End of ICO.
10
February 2018
Open Beta - Betrium launches open Beta for desktops.
11
May 2018
Official release - First official launch of Betrium for desktops.
12
June 2017
Open API Beta - Betrium launches API for developers and betting service providers.
13
September 2018
Mobile Apps - Mobile apps for iOS & Android releasing.
14
October 2018
Open API release.
15
Late 2018
Betrium Cyber - Launch of platform specifically for cyberspots.

Preparation for SCO - Audits, marketing.

Casino release - Release of the first set of online games such as Bingo and Keno.
16
Early 2019
Secondary Coin Offering
17
Mid 2019
Betrium LIVE - Betrium launched live broadcasting service for sports and particularly e-sports.
18
Mid-Late 2019
Lottteries release - Release of decentralized lottery platform.
19
2019-2020
Betrium Statistics launch
20
Mid 2020
Licensing - Betrium starts licensation process on the most important markets.
Karthik Iyer
Advisors Karthik Iyer CEO of BlockchainMonk

Tom Budd
Advisors Tom Budd Co-founder of CoinStrategem, EtheraLabs and Dark Star Ventures

Denys Suvorov
Advisors Denys Suvorov Master of Banking

Karthik Iyer
Karthik Iyer
CEO of BlockchainMonk
Blockchain Advisor
India Ambassador of the P2P-Foundation, and founder and CEO of BlockchainMonk
Head of South East Asia
CEO, BlockchainMonk
CEO, BlockchainMonk
Tom Budd
Tom Budd
Co-founder of CoinStrategem, EtheraLabs and Dark Star Ventures
Advisor
Marketing strategist