WHITEPAPER

Bets247 Token (B247) White Paper

Abstract: Bets247 Token (B247) is a decentralized cryptocurrency aimed at revolutionizing the sports betting and handicapping industry. B247 facilitates transactions within a blockchain-based ecosystem designed to empower handicappers, sports enthusiasts, and gamers. This white paper outlines the vision, features, and roadmap of B247, highlighting its potential to transform the way people engage with sports betting and entertainment.

Phase 1: Handicapping Platform and Sports Pools

B247's initial phase focuses on the creation of a sports picks handicapping platform where handicappers can sell their picks using the B247 cryptocurrency. The platform will provide an intuitive interface for handicappers to showcase their expertise and for users to purchase sports picks using B247 tokens. Key features of this platform include:

  • Chat and Earn Tokens: Users will have the opportunity to engage in chat sessions with handicappers and fellow users. Active participation in these sessions will be rewarded with B247 tokens, encouraging community engagement and fostering a sense of belonging.
  • Sports Pools: B247 will introduce sports pools where users can participate in predicting the outcomes of sporting events. Users will select winners across multiple matchups, and those with the most correct picks will share the growing prize pool of B247 tokens. This feature adds an element of excitement and competition to the platform.
  • Affiliate Program: B247 will implement an affiliate program to incentivize users to promote the platform. Affiliates will earn B247 tokens for referring new users and generating sales, thereby expanding the platform's user base and driving adoption.

Phase 2: Wrestling Pools and Props

Building upon the success of Phase 1, B247 will expand its offerings to include wrestling-themed betting pools and props. This phase will introduce a dedicated platform within the B247 ecosystem catering to wrestling enthusiasts and fans of promotions such as WWE, AEW, and others. Key features of this phase include:

  • Wrestling Pools: Users will have the opportunity to participate in pools centered around wrestling events and pay-per-views. They will predict match outcomes and vie for rewards from the B247 token prize pool.
  • Props Betting: B247 will introduce props betting for wrestling matches, allowing users to wager on specific events within a match. Examples include predicting the number of pinfall attempts, whether a weapon will be used, and other exciting scenarios.

Phase 3: Sports Betting Casino

In Phase 3, B247 will further diversify its offerings by introducing a comprehensive sports betting casino. Users will be able to wager B247 tokens on various sporting events, expanding the platform's utility and appeal. Key features of the sports betting casino include:

  • Multiple Sports Coverage: The casino will cover a wide range of sports, including but not limited to football, basketball, baseball, soccer, and more. Users will have access to diverse betting options across different sports leagues and events.
  • Live Betting: B247 will offer live betting options, allowing users to place bets in real-time as sporting events unfold. This feature adds an extra layer of excitement and engagement to the platform.
  • Secure and Transparent Transactions: Built on blockchain technology, the B247 sports betting casino ensures secure and transparent transactions, providing users with peace of mind and confidence in their betting activities.

Conclusion: B247 Token aims to disrupt the traditional sports betting industry by offering a decentralized platform with innovative features and functionalities. With its focus on handicapping, sports pools, wrestling betting, and a comprehensive sports betting casino, B247 is poised to become a leading player in the crypto-enabled sports betting landscape. Join us on this exciting journey as we redefine the way people interact with sports and entertainment.