Marginless ICO (MRS Token) Review: Face To Face Blockchain Betting?
The idea of the Marginless platform was born in 2016. The developers of the project believe that they can deliver the technology and system that will revolutionize betting. One of the major problems the betting sector faces is unfair odds. This is a major fear bettors globally have.
What is Marginless?
A major issue betting sites face is government taxation. They usually pass this cost to bettors, who are charged up to 8.5% on all bets. Marginless believes that the current odds are not fair. The major difference between Marginless and other betting sites is that it's a peer-to-peer betting platform. Thus, there is no need for expensive risk management or a huge team of bettors, and traders.
In most cases, bookmakers allow you to change your bets, void a winning bet, or decline payments. This is quite popular in Arab and European nations where bookmakers often refuse to pay bettors. They usually claim non-existent errors as the reason. Marginless believes they have the perfect solution.
You will no longer have to worry about bookmakers refusing to pay you. Marginless will offer bettors the ability to bet on events and be paid instantly once an event ends. All the data will be stored on the blockchain. This way, you can track your betting history, check out previous bets, and find new ways to improve your bets.
In most cases, betting is restricted to sporting events. Bookmakers forget there are many other popular niches where people have an interest in. The lack of diverse betting options creates a barrier, which restricts betting to only a few people. Marginless believes that anyone should have an opportunity to wager or become a bookmaker.
To do this, they intend to add new niches such as politics, changes in crypto prices, cultural events, eSports matches and much more. Your imagination should be the only thing that holds you back. On Marginless, you will be able to create bets and offer people a wide array of options.
Marginless will offer Hybrid Oracle integration and full events. There will also be an accounting service and a risk management services offered. The best part about it is that users of the platform will only be charged a 5% fee of the monthly gross profit. While many bettors dream of becoming bookmakers, this platform will make it possible.
Marginless Token Information
Soft Cap: 4 000 ETH Hard Cap: 21 000 ETH
-29% 1 MRS = 0.000077 ETH Apr 10 – Apr 11
-25% 1 MRS = 0.000080 ETH Apr 11 – Apr 15
-20% 1 MRS = 0.000083 ETH Apr 15 – Apr 30
-10% 1 MRS = 0.000091 ETH Apr 30 – May 14
0% 1 MRS = 0.0001 ETH May 14 – May 31
Face to Face betting is a new kind of betting that allows users to bet against their friends or anyone with a different opinion. You are able to send a bet offer to another user with just a few clicks. All the bets are going to be controlled by smart contracts. Thus, there is no risk of fraud via this platform.
This feature was one of the main reasons why this project held a successful pre-ICO. People believe in this idea, and they wish to see it go live soon. Now people just have to be patient and wait for it to launch around Q3 of 2018.