Review on Bethereum by Syed Adnan
Award winning social betting platform.
As the market matures, the only projects that will survive are the ones with market-fit products and a good revenue model. Bethereum has a very interesting idea that can potentially disrupt the online betting market, combined with a small market cap and a working product, which makes it a project to keep an eye on.
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Considering the targeted market, given the current market cap $266 and the working product BETHER has strong upside potential if they can launch the "paid" platform and onboard players to use the token. The lack of competitors also helps the growth and attraction of users in the long run.
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Pros
- Huge market potential, enormous industry and the possibility to explore new gaming audiences with the integration of gamification and social.
- The project is backed by a large community in Blockchain gaming and has won a large number of awards in the iGaming and Blockchain space.
- Unique in the Blockchain space, even outside the crypto space the competition is not vast or too difficult to face.
- A well thought-through business model with a vast solution for the different components and participants of the betting ecosystem.
Cons
- Low exchange liquidity and token volatility could make bets not viable for users. With the planned addition of fiat currencies in the future, this could negatively affect the use and demand for BETHER.
