BetU

BetU (BETU) aims to be an improved sport, esports, and cryptocurrency betting platform. The BetU (BETU) platform aims to work as an ecosystem supporting co-related platforms like BetU Verse and BetU Play-to-Earn. Sports betting is a lucrative industry, slightly getting cornered by bookmakers worldwide, earning billions in revenue every year.

However, BetU (BETU) aims to strike out a monopoly and restore power in the hands of the people. Further, the platform utilizes smart contracts for maximum security. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

Further, the official BETU token empowers the platform in its operations. Originally, BetU (BETU) hosted traditional bookmaker services. However, now the platform also provides peer-to-peer betting services, seeking to ensure increased odds and bigger gains. 

According to the BetU (BETU) whitepaper, the platform seeks to undertake a considerable market share from the betting big guns like William Hill, FanDuel, Bet365, and more and expand in operation. Finally, in the future, the platform plans to introduce betting on public events allowing users to place bets via the valuable BETU tokens. The essential details of the peer-to-peer bets will be securely stored in the blockchains via smart contracts, and the gambled funds are securely locked until a winner is decided. Thus, in simple words, BetU (BETU) seeks to feature a peer-to-peer marketplace connecting bet makers and bet takers in an open but secure platform. 

BetU (BETU) makes room for a play-to-earn portal as well. The platform allows players to place bets on esports and sports of their liking. Players having BETU tokens can bet on sports like football, cricket, hockey, golf, baseball, MMA, soccer, and plenty more. Also, in-game betting and live streaming are introduced on all significant esports like FIFA, League of Legends, Counter-Strike, and others.

BetU Verse is a virtual reality platform seeking to provide players the joy of interactive games within authorized metaverse hotels and casinos. The virtual casino floor has traditional casino games up for grabs like blackjack, big wheel, poker, slot machines, and more. Similarly, the platform encourages users to acquire NFTs and trade the tokens in the marketplace to seek to generate more revenues. 

The CEO of BetU (BETU) is Paul Rogash, an entrepreneur having years of experience in crypto projects. Presently, the maximum total supply is capped at 1 billion BETU.