MEvU - A decentralized, peer-to-peer wagering platform

Dear friends, welcome my blog! Today I will talk about a very exciting project. We will discuss how MEvU is implementing blockchain technologies in a decentralized industry, and we will also talk in detail about the details of the ICO.

As a peer-to-peer decentralized network, MEVU allows people to bet on anything, anytime, against anyone. Turn any situation into a social bet; who can drink the fastest, who will win the next round of golf, or be the first to lose 10 pounds. If your friends are not around, make new ones by finding or creating sports bets on the global MEVU network. MEVU is bringing betting back to the basics between people. The way it was meant to be.

About MEvU

Traditional ways of online betting are expensive to both the sports book and its users. The user gives up control and flexibility while accepting a lot more risk than that of just losing a bet. Players are forced to trust centralized sports books which are subject to government interference, fraud and hacking due to a centralized single point of failure. This all contributes to the negative stigma that surrounds online betting.

meVu is focused on abolishing this stigma and making betting fun again by bringing it back to the basics, between people the way it was meant to be. meVu allows people to bet on anything, anytime against anyone. Custom/social bets against friends are a possibility such as; who can drink the fastest, and who will win the next round of golf. If your friends are not around make new ones by finding or creating sports bets on the global meVu network. Creating your own odds, puts control, fairness and power back in the player’s hands. Global leaderboards foster competition and up the ante while heightening the thrill and excitement of betting against other players as opposed to sport bookies. Powered by the Ethereum blockchain these bets are all on a trust-less open source network that securely pays winners completely cutting waiting times and lowering fees from 10 to 2 percent.

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.

Also due to security vulnerabilities, regulatory repercussions, and the chances of personal information being exploited, operations and players are at risk of losing their funds. Despite these issues, there is over $400 billion sold in betting and 99% of its illegal.

MEVU solves this issue by creating smart contracts on Ethereum’s blockchain. This helps transparently and immutably store players information and funds, giving players increased confidence when it comes to betting. It allows the bet to occur quickly and securely.Additionally, MEVU makes betting a friendly, fostering competition that matches players against each other instead of an anonymous bookie. Plays can be on virtually anything and set their own odds.

Since it cuts the costs of 3rd parties and traditional sportsbooks, MEVU players will always have a 2% transaction fee. Because of this, you can use MEVU as a platform for safe and entertaining betting.

MEVU ICO

MEVU will be having their initial token offering starting on 22nd January 2018. The following are the ICO details:

Symbol – MVU
Blockchain – Ethereum
Standard – ERC 20
Name – MEVU token
PreICO price1 MVU = 0.10 USD
Price in ICO1 MVU = 0.34 USD
Soft cap - 2,000,000 USD
Hard cap - 15,300,000 USD
Tokens for sale - 60,000,000

Benefits of Using the MEvU MVU Token

The platform uses the Ethehreum blockchain that utilises smart contracts which allows for transparency and increased security.
The elimination of bookies and 3rd party institutions accelerates the rate at which players receive their funds. The automatic pay out system ensures that bets are paid out at an incredibly low fee.
The token is set to receive accelerated growth. Though not guaranteed, the team intends to have it listed on credible exchanges after the public sale to offer an opportunity to trade it. Doing so will also increase its demand.
The MEVU platform also eliminates 3rd party gouging which makes betting a fun-filled affair without much complications or limitations.
Through the token there’s minimized regulatory interference which often brings about a lag in betting activities. Since the platform is decentralized, players can place their bets at any given time from wherever they are.
Competition is foster due to the global leader boards. Placing bets on this platform can be done from any part of the globe which helps bring in a competitive spirit.

MEVU Road Map

October 2017 – Presentation of whitepaper and announcement of official sponsor

December 2017 – Announcement of ITO

February 2018 –Invite only beta for the Superbowl

June 2018 – Open beta for the FIFA World Cup

September 2018 – Final launch

December 2018 – Casino fair games

February 2019 – Chat addon, rematch features

For more information, please visit the link below:

Author: anisah fitri

Website : https://www.mevu.bet/

Whitepaper : https://www.mevu.bet/#whitepaper