Shortcomings of the Sports Industry
• Due to the fact that most betting platform is centralized, there is always a misunderstanding when paying users their wins. This has caused a great lack of trust on the betting platform.
• When a player deposits money into his betting account, it takes a while before the money is reflected and sometimes making the player miss the sports he wanted to bet on. Same thing happens during withdrawal as it takes days before a player is given his reward and the high minimum withdrawal set will make the player not withdraw his money and he might end up losing it entirely while trying to reach the minimum withdrawal.
• The Registration process carried out when opening a betting account is time consuming. If a player wins a big amount of money, he is made to go through some paper documentation processes. This does not secure the privacy of the users.
THE BITGOALS PLATFORM
A lot of people has a diverse perception of sports,some see it as a career path, some as a recreational activity and others as a means to an end. This notwithstanding, if we look at the local way this system is being managed, we will realize that, as the industry is progressing and taking in more innovative inventions in it, like the betting and the gaming sector, this local system finds it difficult to offer needed attention to its subdivisions.
As a result of its ever-growing nature, the sports industry seem congested, because of the population it has, and this congestion has brought about poor management of the industry and the birth of all manner of manipulative concepts in the sports industry. With all of this in mind, there is the consciousness that something needs to be done. And to settle this, BITGOALS platform was invented to transform into a far more interesting sector, the sports industry.
BITGOALS TARGET
The BITGOALS platform aims to, through its blockchain technology, accelerate the process of payouts, create a transparent and easy access to jackpots and process information. Also, it aims to erase completely every trace of a fraudulent means of doing things, making the identity of its participants unknown. The issue of including hidden fees has a become a thing of the past, as BITGOALS plans the absolute removal of such fees and also bring an end to every act of payout manipulation.
- it ensures its user's wellbeing in the real sense of the world
- stress-free registration process
- participants can make use of any amount of money that seems good to them
- it is not dependent on set down bureaucratic rules, even up to the government imposed ones.
- features an instantaneous payout system
Bitgoals offers transparency and dependability through cryptocurrency and the plan is to draw as much as a possible number of new players from all walks of life. Bitgoals intends to resolve the issue of trust among every actor on the platform through its efficient protocol.
Advantages
- One Login to all Games – The Smart Contract system automatically eliminates fraud risk, by providing players to simply register a wallet and then start playing.
- Ability to use Unlimited Funds – Through decentralized system, they are eliminating the limits of betting amount for players and through smart contracts, the system tracks financial status of players, provides betting fairness and then distribute the rewards.
- Ability to get an instant Payout – In this Players can withdraw their BitGoals rewards in the shortest time. The players are free to choose how to use the reward.
The company is licensed to manufacture manufacturer; licensing processes can delay the roadmap of a typical start-up, but BitGoals won’t face this issue. Additionally, technological infrastructure is needed to deliver most digital platforms; BitGoals’ teams has asserted that it already has this infrastructure place.
BitGoals competitive edge is that it doesn’t need go through the steps involved in the base establishment of a company. Factors like licensing, network establishment, and organizational structuring are in place and thus allow BitGoals to roll out its platform without roadblocks. In a market where most blockchain start-ups are launched on the basis of a mere idea, a company that is launching with an established infrastructure in place can move ahead by sealing important partnerships at a great pace.
ICO Information
BITGOALS TOKEN
The ticker for Bitgoals token is STP and it is the official currency of the Bitgoals protocol. STP is used as the gaming and betting currency on the platform, to compensate nodes that participated in the development of the ecosystem, as a means of payment and as an incentive that drives the platform.
Token – STP
Price – $0.50 USD
Total Supply - 93.5 Million STP
Accepted Currency – BTC, ETH, BCH
Soft Cap – $500,000 USD
Hard Cap – $55M USD
Sports supported by the Bitgoal platform
Soccer, Basketball, Hockey, Baseball, AM Football, Cricket, Rugby, Tennis, Golf, Boxing, MMA, Olympic, Horse Racing, Motorcycle Racing, eSports.
Project Team
Ben Harris – CEO & Founder – He’s having expertise in business development, especially in sports gaming world. He’s also a Founder and CEO of Tarcha Group Ltd. Former Broker and Investment Consultant.
Gal Yogev – Co-Founder – He’s a COO of Tarcha Group Ltd., who are expert in engaging sports fans across multiple media platforms. He’s having background experience in Management and Programming.
Yuvan Friedman – Digital Manager – He’s having expertise in Digital Marketing, PR, Social Media and Content Management. He helps the brands to connect with and influence online audiences by developing engaging and strategic content.
For more info please visit the following link:
Website: https://bitgoals.com/
ANN Thread: https://bitcointalk.org/index.php?topic=4428882
WhitePaper: https://bitgoals.com/wp-content/uploads/2018/05/Bitgoals_WP.pdf
Facebook: https://www.facebook.com/BitGoalsSTP
Twitter: https://twitter.com/BitGoals
Medium: https://medium.com/@Social_4834
Telegram: https://t.me/BitGoals
My profile: Daha19 (https://bitcointalk.org/index.php?action=profile;u=919492)
MEW: 0xd9Da4D60cf149CC8Ed6F74Fb730551e238e364DD
Good Article!