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GRAZ - Blockchain Betting Platform

Project Description

Graz is a unique platform that makes it possible for people all around the globe to make wagers without worrying about getting thier winnings. The platform offers users a set of various events in different domains including betting lines, politics, economics, science, film industry etc., within user can make bats and win money. At the same time the coefficient is proposed by the one who intiates the bet, and that makes the platform more advantageous and interesting than placing bets in betting stores on predefined coefficient. Therefore, user can propose either their own wagers or choosse appropriate wagers proposed by other users.

Graz will change usual conception of bets taking it to a new level. Manu people dreamed of such a platform, and now thanks to blockchain and samrt contract technologies it can be qualitatively implemented. Graz has a number of advantages over competitors:
  • Clear and simple scheme of operations
  • Completely decentralized structure. Direct interaction between users making bets with each other.
  • No risk of non-payment due to smart contracts
  • Low fees (1% of winnings)
  • Broad range of events within which you can propose any bet with higher coefficient
With Graz you can make any bet within a broad range of events proposed bythe platforms. for instance, you find your favorite team's tomorrows game and propose a bet to other user with the following conditions: 1:5 cofficient that your team wins with an initial amount or 100 GRZ coins. Accordingly, the other bet participant must have at least 500 GRZ coins to make bet with you. You can also promose an unusual bet that a player from your favorite team will do a flip when celebrating a goal. In short, there are no limits to imaginations when proposing an event. Such unusual events are checked and approved by moderators.

At the moment, user make bets in betting stores that sset coefficient in a special way adding a margin of 5-20% to always make a profit. That is why the long term winning in betting stores is an almost impossible task. Graz gives you an opportunity to be in bookmarker's shoes and make bets with people like you around the world.
  • Opportunity to make up the bets subject yourself.
  • Opportunity to bet unlimited amount of money.
  • Opportunity to set any coefficient.
  • No actions are taken against user who always win.
Advantages over booking stores are quite abvious. The future has come through the development fo blockchain technology. It is smart contract that let user be assured in getting their winnings.

GRZ Token

  • 100 millioj grazions (GRZ) according to the ERC20 token standar will be created using the Ethereum blockchain.
  • 120 GRZ = 1 ETH (1 GRZ = 1 USD)
  • Minimum amount of 30% of the tokens will be held by the project team.
  • No more than 0.1% of all tokens will be allocated to Bounty campaign.
  • During the pre-ICO maximum amount of 3 mln tokens will be offered.
  • During the ICO 82 mln tokens will be pffered.
  • Unsold tokens will remain with the project team and, if necessary, will be offered at the stock exchange further.
  • Soft cap = 7 mln GRZ (5 mln USD)
  • Hard cap = 85 mln (60 mln USD).
  • Upon completion of the ICO we are planning to transfer the tokens to the main cryptocurrency exchange in order for our user to buy them freely and make bets.
  • Token redemption is not expected. Either is burning or additional emission. We expect the price of grazcoin to be rising onstantly without any kind of artificial manipulation.
  • Token are not securities, they do not grant the right to vote or the right to receive a part of the company's profit.

Why Invest in Graz ?

All bets in Graz are made only in grazcoin (GRZ). Therefore, to take part in any bet on the platform the user must have an Ethereum wallets and grazcoins that can be bought during ICO or on a cryptocurrency exchange. Such bets imply that there can only be one winner so some user will always have to buy tokens additionally on an exchange, which will create a stable demand for grazcoins. That is why, the long term demand for grazcoins will only grow. Based on the statistic and performance of the world's biggest betting services, we are planning to atrract up to 4 million active user the end 2020.

Team 

  • Zakarya Vanik, co-founder 
  • Khrushkov Pavel, full-stack developer
  • Arutyunyan David, co-founder
  • Baghdasaryan Gor, full-stack developer
  • Davoian Albert, Lead Ethereum Engineer
  • Zara Avdalyan, graphic designer
  • Kilmovsky Igor, smart contract developer



MORE INFORMATION




By. piqulhdt28
ETH : 0x9E5793c693D083c84C460315E146db84A8064479

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