Betbox ICO (OX)

The First Ever ICO for Gamblers

"Betbox is a fully decentralized ecosystem acting in various DApps with the assignment to provide a fully transparent, fair and yet challenging environment for people with a passion for gambling and a sense for competition. Our users may contribute their knowledge and experience to the growing project by submitting ideas or solutions, which are ready for implementation, in return for OX. Betbox smart contracts are devel-oped to reimburse 20% of the commissions (ETH) taken by the company for betting, every quarter of the year to volunteering parties* in return for tokens to moderate the inflation of OX. 100 Mio. OX will initially be created. The closure of each bet in the betbox smart contracts will create a single OX and randomly distribute it to a user of the ecosystem. The RNG of betbox is based on issuance of future block hashes on Ethereum public mainnet. *OX holders may lock tokens into the specified smart contract to receive profit share of the period. The locked OX will be burned within the process."


(https://betbox.app/ico)

Betbox Use of Token

OX Tokens can be earned by participants of a bet in betbox*. Each closure of a bet randomly distributes a single OX Token to one of the participants of the bet. The election of the winner will be based on RNG on Ethereum public Mainnet. The chance of winning the newly minted OX token depends on the particular betting contract, responsible to host the bet ,and will include individual weighting of the chance for the different roles of participation. The weighting of chance in the minting mechanism of OX will be published beforehand of deployment of any new contract. The received OX Token can be hold, locked into the buyback program or sold on secondary markets.

  • Organization

    Dream Technologies Ltd

  • Platform

    Ethereum

  • Coin type

    Utility Token

  • Category

    Gambling

  • Soft cap

    4,000 ETH

  • Max cap

    32,000 ETH

  • Max supply

    100,000,000 OX

  • Price

    0.0004 ETH

Betbox Distribution

Betbox Use of Proceeds

Betbox Team Members

  • Stefan Godly
    Stefan Godly CEO
  • Roman Fritschi
    Roman Fritschi CFO
  • Marc Weyermann
    Marc Weyermann CTO
  • Flavio Weidmann
    Flavio Weidmann CMO

Betbox Advisors

  • Abiodun Ayorinde
    Abiodun Ayorinde Advisor
  • Vivien E. Büchler
    Vivien E. Büchler Advisor
  • Kevin Fähndrich
    Kevin Fähndrich Advisor
  • Dumeng Bezzola
    Dumeng Bezzola Advisor

Betbox Past Events

  • 31 December, 2019

    Private Pre-Sale, Participation Ticket Lottery, Release of Alpha on the mainnet and expandation of betting infrastructure, Private Sale and TGE

  • 30 June, 2019

    Release of Live dApp on Mainnet, Release of Live webApp on Mainnet

  • 31 December, 2019

    Release of POA OX-sidechain with distributed OX-nodes, Enabling of relay between Mainnet and OX-sidechain, Release of new dApps and features in betbox for OX-sidechain, FIAT integration

  • 31 December, 2019

    Release of global work bench for community driven development within betbox in return for OX Tokens and commissions