Today, let
us all learn and experience together all about MEVU. If you don't
know anything about them, don't run away, that's why I'm here, to change
that within the next few minutes. Before I begin, I just want to
quickly mention that I will be including LINKS so that YOU can do your
own research or whatever you feel you need. I feel it's best to have all
of the information in one place, in an organised manner, rather than
dotted about the page making what you want hard to find or confusing.
All these links will be put at the BOTTOM of this page to keep things
easy.
ABOUT MEVU
Mevu is a, decentralized, peer-to-peer gaming application that will allow players to test their skills and compete individually or in pooled games. meVu allows players to create custom social bets or bets predicting the outcomes of popular sporting events, including but not limited to: European and American Football, Baseball, Hockey, Basketball, MMA and Boxing. meVu is innovating in the online betting space by facilitating competition between players, testing their skill and knowledge against other people, not a faceless casino or bookie.
Mevu is utilizing the power of blockchain technology to allow peer to peer bets in a transparent and secure way to bet against your friends – the platform guarantees security and your money is safely secured on the blockchain which allows quick and timely payments. The platform has lower fees compared to traditional and other blockchain based bets wagering platforms – due to its peer to peer transaction fees are reduced due to the elimination of third parties allowing you access to 100% of your winnings.
Online gambling is wagering something of value on the outcome of an event such as sports betting and lotteries, the market is vast and estimated to reach 52 billion dollars this years alone and has been doubling since 2009 – Mevu platform is allowing you to find peers who are interested compete with you globally.
Mevu will allow custom bets among peers due to its decentralized nature, where peers will have 100% control of their actions and decisions on the blockchain allowing peer to peer bets wagering without third party regulations.
Mevu platform is Ethereum based on an open source platform where everything is transparent through the use of smart contracts allowing consensus agreement between parties involved, the platform will provide tools that will enabled peers to store their resources and the necessary data in a private ecosystem. The platform algorithms will match the data with other peers on the platform and foster competition making betting more intriguing and exciting.
MEVU VISION
meVu aims to become the most revered global platform made exclusively for players to bet anything, anytime against anyone. They envision a time when a common phrase could be “Let’s meVu bet!” meVu will initially focus on custom/social and sport head-to-head bets, but will quickly expand to add multi-bets in which multiple players can take the complementary position against a single larger bet. meVu will add exclusive features for our token holders to participate in pooled bets on sports games and provably fair casino style games in which they use the MVU token to play. Finally our API is already in development, allowing existing sportsbook/e-sports wagering sites to use our contracts.
The meVu brand is focused on bringing betting back to its basics, between people, the way it was meant to be. Putting control and power back in the player’s hands, we want to foster competition with global leaderboards while heightening the thrill and excitement of betting against other players as opposed to sport bookies.
The Problems
Legalized and regulated sports books enjoy marketing in mainstream channels; however, in order to do so, sports books need to get expensive licenses in every jurisdiction they operate in. Despite paying for these licenses, regulations still prohibit companies from many forms of marketing in the USA, Canada, and Asia. These licenses tend to have a negative reputation and don’t inspire much trust as there are other cases of sports books treating their players poorly and never paying out the winnings. 41% of Americans say they’ve won a bet that’s gone unpaid.
Another downfall to traditional sports books is that the initial capital required to support user bets is prohibitively high. The recommended minimum is to have no less than $300,000 with 1 million being the benchmark, and a safer estimate in order to support bets properly.
These costs cause sports books to charge high fees, typically between ten and fifteen percent, in order to generate a profit. Alternatively, companies open of shore online sports books which operate in a legal grey area, but the US government is notorious for prosecuting these types of enterprises.
In summary, there are many operational, licensing and upfront costs to starting a sports book. Clients are charged high fees to make up for these costs and are also forced to deal with 3rd party institutions who have wait times and fees of their own when redeeming winnings. Users are also forced to trust these third-party institutions with their information and funds.
The majority of these sports books exist in a legal “grey” area in order to operate and tap into large betting markets, i.e., USA, Canada, Asia. Players and the operations both run the risk of losing their funds due to regulatory repercussion, security vulnerabilities or exploitation of identity and information. Despite these issues, the online gambling market, both regulated and unregulated, is estimated to be worth at least a trillion dollars per year.
The Solution
As said earlier, meVu is a peer-to-peer, decentralized application that matches players who agree to odds on a bet. These bets can be centred on a sporting event or users can create custom bets on anything with two possible outcomes. Running on the Ethereum Virtual Machine, meVu’s open-source smart contract creates a secured escrow that is publicly view able. This allows players to follow their Ethereum cryptocurrency “ETH” throughout every step of the betting process. Creating peace of mind that once the winner is determined the Ether will be paid out quickly, securely and automatically. All funds are held within a contract on the blockchain and no individual, company or government can interfere with the payout. meVu virtually eliminates the risk of hacking and regulatory interference as there is no single point of failure in a blockchain network. By clearing payouts on Ethereum, meVu can cut the waiting times of traditional sports books while reducing fees from 10 percent to as low as 2 percent because it is never processed by a bank or any 3rd party institution.
The platform pairs people to compete against each other, removing the need for meVu to fund and back bets. Disputes between players on supported sports games are sent to Oracles who are incentivized to reach resolution through consensus. Furthermore, reputation systems and leaderboards foster the spirit of competition and deter malicious behaviour.
Why Blockchain?
They designed this platform to run using blockchain technology as the basis for the platform development. From the first appearance, blockchain comes with the offer of fast and secure online transactions and supports all types of data and cryptocurrency. Blockchain technology uses a system, where every transaction is recorded and can not be changed forever, so transaction security and transparency can be maintained and reduce the chance of cheating data.
They prefer to use Blockchain technology because this technology is more secure than ordinary technology today. Unlike conventional technology, Blockchain technology does not require a third party, so it's safer and cost-effective. When data is recorded, it will be stored forever and can not be changed.
The Features
Peer to Peer Bets
MEVU can be used for two friends to bet on any outcome. Thus, making it a good social app for people who like to foster competitive relationships.
Gamification
MEVU is created like a game where users can bet against each other. This helps reduce the average age for betters from 45 to 38.
Sports Betting
Want to bet on the next Superbowl? Or the next Olympic Event? With MEVU, it helps you do so!
Blockchain Reliability
With Blockchain, MEVU helps users by securing their payments and allowing them to process instantly.
Decentralized Oracle
MEVU allows users to bet at any time and for any moment. Because of this, you don’t have to wait for a booker to start a bet between with your friends.
Disrupting the Sports Industry
When it comes to sports betting, there are a lot of operational costs and additional fees that must be applied before one can bet for a possible outcome. Clients have to pay these high fees because they have to deal with 3rd party institutions.
The Advantages
Healthy Competition
MEVU offers a healthy competition where there is no hacking system like traditional platforms. If you are tired of losing betting, then come on to MEVU .it offers really a healthy competition with the decentralized peer-to-peer system.
Peer-to-Peer Betting System
MEVU offers a peer-to-peer bet. It can be used for two friends who can bet on any outcome. By using this smart social app people who like to promote competitive relationships can be done with promoting competitive relationships through its peer-to-peer bets.
Token Details
Token : MVU
Platform : Ethereum
Standard : ERC20
Quantity: 104,800,000 MVU
Price: 1 MVU = 0.44 USD
Private sale — May 21-June 16
Pablic sale -10 September-22 October
Payment: ETH
Soft cap: $ 2,000,000
Hard cap: $ 24,000,000
For more information, please visit:
Website: https://www.mevu.bet
WhitePaper: https://www.mevu.bet/#whitepaper
ANN Thread: https://bitcointalk.org/index.php?topic=2717747.0
Telegram: https://t.me/joinchat/FKcKRUwJ1_T8zMK2Lueu3A
Twitter: https://twitter.com/mevu_bet
Facebook: https://www.facebook.com/betmevu/
LinkedIn: https://www.linkedin.com/company/27145515/
Bitcointalk username:Samuel321
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on Mevu campaign project
ABOUT MEVU
Mevu is a, decentralized, peer-to-peer gaming application that will allow players to test their skills and compete individually or in pooled games. meVu allows players to create custom social bets or bets predicting the outcomes of popular sporting events, including but not limited to: European and American Football, Baseball, Hockey, Basketball, MMA and Boxing. meVu is innovating in the online betting space by facilitating competition between players, testing their skill and knowledge against other people, not a faceless casino or bookie.
Mevu is utilizing the power of blockchain technology to allow peer to peer bets in a transparent and secure way to bet against your friends – the platform guarantees security and your money is safely secured on the blockchain which allows quick and timely payments. The platform has lower fees compared to traditional and other blockchain based bets wagering platforms – due to its peer to peer transaction fees are reduced due to the elimination of third parties allowing you access to 100% of your winnings.
Online gambling is wagering something of value on the outcome of an event such as sports betting and lotteries, the market is vast and estimated to reach 52 billion dollars this years alone and has been doubling since 2009 – Mevu platform is allowing you to find peers who are interested compete with you globally.
Mevu will allow custom bets among peers due to its decentralized nature, where peers will have 100% control of their actions and decisions on the blockchain allowing peer to peer bets wagering without third party regulations.
Mevu platform is Ethereum based on an open source platform where everything is transparent through the use of smart contracts allowing consensus agreement between parties involved, the platform will provide tools that will enabled peers to store their resources and the necessary data in a private ecosystem. The platform algorithms will match the data with other peers on the platform and foster competition making betting more intriguing and exciting.
MEVU VISION
meVu aims to become the most revered global platform made exclusively for players to bet anything, anytime against anyone. They envision a time when a common phrase could be “Let’s meVu bet!” meVu will initially focus on custom/social and sport head-to-head bets, but will quickly expand to add multi-bets in which multiple players can take the complementary position against a single larger bet. meVu will add exclusive features for our token holders to participate in pooled bets on sports games and provably fair casino style games in which they use the MVU token to play. Finally our API is already in development, allowing existing sportsbook/e-sports wagering sites to use our contracts.
The meVu brand is focused on bringing betting back to its basics, between people, the way it was meant to be. Putting control and power back in the player’s hands, we want to foster competition with global leaderboards while heightening the thrill and excitement of betting against other players as opposed to sport bookies.
The Problems
Legalized and regulated sports books enjoy marketing in mainstream channels; however, in order to do so, sports books need to get expensive licenses in every jurisdiction they operate in. Despite paying for these licenses, regulations still prohibit companies from many forms of marketing in the USA, Canada, and Asia. These licenses tend to have a negative reputation and don’t inspire much trust as there are other cases of sports books treating their players poorly and never paying out the winnings. 41% of Americans say they’ve won a bet that’s gone unpaid.
Another downfall to traditional sports books is that the initial capital required to support user bets is prohibitively high. The recommended minimum is to have no less than $300,000 with 1 million being the benchmark, and a safer estimate in order to support bets properly.
These costs cause sports books to charge high fees, typically between ten and fifteen percent, in order to generate a profit. Alternatively, companies open of shore online sports books which operate in a legal grey area, but the US government is notorious for prosecuting these types of enterprises.
In summary, there are many operational, licensing and upfront costs to starting a sports book. Clients are charged high fees to make up for these costs and are also forced to deal with 3rd party institutions who have wait times and fees of their own when redeeming winnings. Users are also forced to trust these third-party institutions with their information and funds.
The majority of these sports books exist in a legal “grey” area in order to operate and tap into large betting markets, i.e., USA, Canada, Asia. Players and the operations both run the risk of losing their funds due to regulatory repercussion, security vulnerabilities or exploitation of identity and information. Despite these issues, the online gambling market, both regulated and unregulated, is estimated to be worth at least a trillion dollars per year.
The Solution
As said earlier, meVu is a peer-to-peer, decentralized application that matches players who agree to odds on a bet. These bets can be centred on a sporting event or users can create custom bets on anything with two possible outcomes. Running on the Ethereum Virtual Machine, meVu’s open-source smart contract creates a secured escrow that is publicly view able. This allows players to follow their Ethereum cryptocurrency “ETH” throughout every step of the betting process. Creating peace of mind that once the winner is determined the Ether will be paid out quickly, securely and automatically. All funds are held within a contract on the blockchain and no individual, company or government can interfere with the payout. meVu virtually eliminates the risk of hacking and regulatory interference as there is no single point of failure in a blockchain network. By clearing payouts on Ethereum, meVu can cut the waiting times of traditional sports books while reducing fees from 10 percent to as low as 2 percent because it is never processed by a bank or any 3rd party institution.
The platform pairs people to compete against each other, removing the need for meVu to fund and back bets. Disputes between players on supported sports games are sent to Oracles who are incentivized to reach resolution through consensus. Furthermore, reputation systems and leaderboards foster the spirit of competition and deter malicious behaviour.
Why Blockchain?
They designed this platform to run using blockchain technology as the basis for the platform development. From the first appearance, blockchain comes with the offer of fast and secure online transactions and supports all types of data and cryptocurrency. Blockchain technology uses a system, where every transaction is recorded and can not be changed forever, so transaction security and transparency can be maintained and reduce the chance of cheating data.
They prefer to use Blockchain technology because this technology is more secure than ordinary technology today. Unlike conventional technology, Blockchain technology does not require a third party, so it's safer and cost-effective. When data is recorded, it will be stored forever and can not be changed.
The Features
Peer to Peer Bets
MEVU can be used for two friends to bet on any outcome. Thus, making it a good social app for people who like to foster competitive relationships.
Gamification
MEVU is created like a game where users can bet against each other. This helps reduce the average age for betters from 45 to 38.
Sports Betting
Want to bet on the next Superbowl? Or the next Olympic Event? With MEVU, it helps you do so!
Blockchain Reliability
With Blockchain, MEVU helps users by securing their payments and allowing them to process instantly.
Decentralized Oracle
MEVU allows users to bet at any time and for any moment. Because of this, you don’t have to wait for a booker to start a bet between with your friends.
Disrupting the Sports Industry
When it comes to sports betting, there are a lot of operational costs and additional fees that must be applied before one can bet for a possible outcome. Clients have to pay these high fees because they have to deal with 3rd party institutions.
The Advantages
Healthy Competition
MEVU offers a healthy competition where there is no hacking system like traditional platforms. If you are tired of losing betting, then come on to MEVU .it offers really a healthy competition with the decentralized peer-to-peer system.
Peer-to-Peer Betting System
MEVU offers a peer-to-peer bet. It can be used for two friends who can bet on any outcome. By using this smart social app people who like to promote competitive relationships can be done with promoting competitive relationships through its peer-to-peer bets.
Token Details
Token : MVU
Platform : Ethereum
Standard : ERC20
Quantity: 104,800,000 MVU
Price: 1 MVU = 0.44 USD
Private sale — May 21-June 16
Pablic sale -10 September-22 October
Payment: ETH
Soft cap: $ 2,000,000
Hard cap: $ 24,000,000
For more information, please visit:
Website: https://www.mevu.bet
WhitePaper: https://www.mevu.bet/#whitepaper
ANN Thread: https://bitcointalk.org/index.php?topic=2717747.0
Telegram: https://t.me/joinchat/FKcKRUwJ1_T8zMK2Lueu3A
Twitter: https://twitter.com/mevu_bet
Facebook: https://www.facebook.com/betmevu/
LinkedIn: https://www.linkedin.com/company/27145515/
Bitcointalk username:Samuel321
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on Mevu campaign project
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