Hybrid Betting, what's this all about? Is this some kind of gambling where there is a game and then someone is betting on who is going to win? Is so, where do you get your funds for running this kind of platform? Do you think investors will keep an eye on this project?
Hello,
is a proprietary game based on sports betting; now we are focused on football. The game is based on users bets and nothing more, no odds and no bookmakers. All the users kind of bet will give the result. The platform is in beta right now, the future costs (if the ICO will be a success) will be used for marketing, community building and platform improvements. Apps (android and IOS) will come for sure.
About profit model:
Hybrid Betting profit model is based on the number of shifts played: each sport event can be a shift, we will take a small fee at the end of the betting phase (when punters make their decision) just before the event starts.
Events shift can be composed by one sport event or more events together: we will set up all the events shift but in the future we can consider that events shift can be created by players too.
We are considering a fee from 0.5% for bigger events to 2% for smaller events: no matter how low this fee is, it is raw profit for Hybrid Betting, as we don’t have funds at risk during play.
The profits from this are also HYB tokens, increasing their demand as a consequence.
About time line
Q1-Q2-Q3 2017 Market research – completed
Q4 2017 Website, Whitepaper, working demo – completed
Q1 2018 Crowdsale, development, and community building – in progress
Q2 2018 Continuation of development and other improvements, beta launch
As you can see the Beta Launch was for Q2 2018 but we've been able to launch that one week ago.
Do you think investors will keep an eye on this project?Yes of course, we suggest registering and try the game, nothing similar exists in the Betting Industry based on our research.
Thanks.
Hybrid Betting Team