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The Bettex Platform consists of two main components. One, a decentralized betting exchange called Bettex and two, the Bettex Coin. The betting exchange will be based on blockchain, and the coin is a fork of PIVX using the Xevan algorithm, which utilizes the proof of stake consensus protocol with Masternode functionality.
In the past, the bookmakers and betting exchanges are the most prominent and popular representatives of the betting markets. With the stronghold on the markets, they offer lower odds, and restrict the size of the bets. The Bettex platform will allow this stronghold to be broken, and a this project did the honorable thing and ran the project without an ICO.
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