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Bitgoals: A decentralized platform built on blockchain and adopts the use of smart contract to harness the sports industry



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I welcome you my readers to yet another amazing edition of my article reviews, just like you all know, I do my research and write on important projects that I find amazing and worthwhile.
However, in this edition of my article review, I will be focusing my full attention on a very important project known as BITGOALS. Now if you are a sports fan or an individual that enjoys participating in sports activities, this project is a goal for you.
The sports industry is one of the fast-growing sectors of the world's ecosystem, the size of the regulated global online betting(gambling) market as of 2016, was estimated to be 45.86 (USD) billion and has grown far beyond that as of the time of writing this 56.05 (USD).
Currently, the sports industries are faced with a lot of errors, the level of competition amongst the fans of sport is totally very low. This errors plaguing the sports industry has resulted in the ill effective running of the sports ecosystem.
These problems as identifies ranging from lack of trust to cost rates. The issue of lack of trust has been one of the major errors plaguing the traditional sports industries and at times resulting in fear of a potential player to register with such system. They prefer the services of middlemen or shadowy bookmaker organization. These players preferring the services of shadowy bookmaker organization or middlemen results in high level of illegal sports betting and in some cases exposed to vulnerabilities of losing money.
In addition, when a player deposits into a gaming account which is controlled by a third party, cases of delays has been recorded which takes time to reflex in most cases fails to reflex. Withdrawal regulations are also one of the problems players encounter on daily basis.
These problems have been a very big obstacle yet individuals and technology in the industry failed to bring a permanent solution to these errors which resulted in the launching of the Bitgoals platform with the aim to change these rules and introduce transparency, fairness and liquidity to the world of sports.

Bitgoals overview

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Bitgoals is a platform uniquely designed and established to introduce sanity to the sports industry. Bitgoals automatically eliminates all these problems as mentioned above by introducing a decentralized environment. The unique features of Bitgoals will automatically shift the attention of players from the old illegal platform to this amazing and transparent system. The Bitgoals platform is built on the blockchain and adapts the use of smart contracts to ensure no one gets hold of results and jackpot payouts.

Why Bitgoals?

The team behind the establishment of Bitgoals aims to bring transparency, fairness, efficiency and security to players in the sports industry using smart contracts and blockchain technology. Bitgoals also offers a reward system for participants and the opportunity for players to support their favourite team.
The team aims to create an ecosystem where sports activities and its transactions are regulated by cryptographical verifiable code without the need for human intervention.

Vision

Sрееd uр the payout рrосеѕѕ and making transactions quick and easier.
Make thе jасkроt gеnеrаtiоn рrосеѕѕ and access to thе infоrmаtiоn аbоut it trаnѕраrеnt.
Eliminate the possibilities of frаud riѕk.
Anonymize the participation — eliminating the use of third party to store players data
Making the industry transparent as fast as possible and getting rid of thе hiddеn fееѕ аnd manipulations with the betting аnd рауоut аmоunt — the infоrmаtiоn on аll rеwаrdѕ iѕ рubliс.
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Bitgoals token overview (STP)
STP is the overall token that will be utilized on the Bitgoals platform which acts as a fuel in the ecosystem for rewarding players, as sports betting currency and lastly for payments on the platform.


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Conclusion

Personally, as a fan of sports and a lover of betting, this platform is a goal for everyone out there. Bitgoals platform will harness the industry and make betting more transparent and secured.
For more information, click on the links below
https://bitgoals.com/.
Website: LINKAnnouncement Thread: LINK
Whitepaper: LINKTwitter : https://twitter.com/BitGoals
Facebook : https://www.facebook.com/BitGoalsSTP
Telegram : https://t.me/BitGoals
Username: tochidavid
pofile link: https://bitcointalk.org/index.php?action=profile;u=2355893
ERC 20 Wallet: 0xc11e83C52160CDb5cC2c2C7013359B16049682D5

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