RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

BetlyCoin ICO (BETLY)

Blockchain based sports betting and gambling platform

Scam Alert

BetlyCoin has changed their website many times, making it hard to track past changes and easier for them to fool investors.
The biggest warning sign was that its team was proven to be completely fake by ICOEthics on https://bitcointalk.org/index.php?topic=4659027.0. Less than a day after this post was published, they removed all of its fake team members’ images and now presents no team members at all.
Moreover, BetlyCoin presents itself as an ICO that is approved by clearify.io, which turned out to be false as well.
Another warning sign is the lack of legal language. It has no disclaimer on their website, and the one in their whitepaper is a generic whitepaper disclaimer, copy-pasted with only the name changed.

BetlyCoin is a blockchain based sports betting platform that leverages the potential of decentralized bookmaking and sports betting. BetlyCoin’s platform is developed to solve problems associated with online betting including insufficient global support, high fees, unnecessary user taxing, delayed withdrawals, few betting opportunities, and few payment methods. The founders believe that BETLY tokens, the platform’s currency, will be worth more than $100 by the third quarter of 2019.

Start: Jul 25, 2018
End: Nov 23, 2018

BetlyCoin Use of Token

BETLY is the platform's native token. BETLY is an Ethereum based ERC20 token. There will be a total of 100 million BETLY tokens, 47% of which will be offered for sale via the ICO. BETLY tokens can be used to place bets on the platform. Users can place their bets via many currencies which will be exchanged automatically to BETLY tokens. However, users who choose to play via BETLY tokens will enjoy many bonuses.

  • Organization

    BetlyCoin LLC

  • Platform

    Ethereum

  • Coin type

    App Token

  • Category

    Gambling

  • Accepted currency

    • BCH
    • BTC
    • ETH
    • LTC
  • Soft cap

    5,000,000 dollar

  • Max cap

    23,500,000 dollar

  • Max supply

    100,000,000 BETLY

  • Price

    0.50 dollar

  • Website

  • Socials

BetlyCoin Token Sale Stages

BetlyCoin Distribution

BetlyCoin Use of Proceeds

BetlyCoin Past Events

  • 30 September, 2017

    Betlycoin idea and concept created.

  • 31 December, 2017

    Company registered, management staff employed and project implementation began.

  • 31 March, 2018

    Token smart contract created, smart contract audited and ICO platform launched with full solutions.

  • 30 June, 2018

    Full platform testing and initial marketing commences.

BetlyCoin Future Events

  • 30 September, 2018

    Airdrop, Presale and ICO begins.

  • 31 December, 2018

    ICO and Presale completed, BETLY tokens listed in various exchanges, global company registrations, and business expansion.

  • 31 March, 2019

    Agent’s user base expansion, franchising acceptance and partnership with various third-party betting services and bookmaker platforms.

  • 30 June, 2019

    Sports Betting/Bookmaker Platform launched.

  • 30 September, 2019

    Mobile app development (android and iPhone) and virtual sports betting integration.

  • 31 December, 2019

    Advertising and marketing in various countries, roadshows, conferences and many more.

  • 31 December, 2020

    Worldwide exchange development, and other gambling integration.