BETR smart contract upgrade features new affiliate program

first_img Affiliate concerns: Maintaining trust in the modern market July 9, 2020 Betsson rolls out new Group Affiliates site August 7, 2020 Blockchain-based BETR has backed up the recent release of its sportsbook app – BETROdds – by launching a new version of its smart contract featuring BETR Affiliates.This new development, designed to encourage wider use of the BETR token, has made it possible to tag BETR wallets introduced by affiliates.It enables affiliate commissions to be paid instantly from the layer wallet, at a rate initially set to 1.5%. This equates to approximately 20% of Gross Gaming Revenue (GGR) depending on the margin of the bets. There is no negative exposure to winning bets and, more significantly, the layer pay-out is instantaneous on settlement of a bet rather than at month end. There is also no negative carry-over as with traditional affiliate programs. Each wallet introduced by an affiliate is tagged on Ethereum and cannot be de-tagged or changed in the future. CEO Adriaan Brink said: “Affiliate marketing is vital for any growing business. We need to drive user numbers and we believe the unique BETR Affiliate model will attract affiliates from across the industry and ultimately increase the player base. “The instant commission pay-out from layer wallets to affiliate wallets is a one of a kind in this industry and a game changer for affiliates.” As well as the added affiliate logic, the optimisation of the new smart contracts has contributed to the lowering of ETH gas costs on transactions by up to a third. It also allows support for virtual sports and other game providers, as well as support for rule 4 and dead heats in horseracing. Submit Related Articles Share StumbleUpon Cloudbet makes stablecoin foray with USDT addition May 28, 2020 Sharelast_img read more

Okwahu United begin Division One campaign with new bus

first_imgDivision One side Okwahu United with the able assistance of their club President Brian Acheampong have acquired a new bus ahead of the upcoming Division One season.The Kwahu side under their club President have embarked on a journey to restructuring the club in line with modrern standards.Parts of the restructuring includes improved player salaries, professional and attrctive branding and renovation works at the Nkawkaw Stadium which is ongoing.The latest addition is the acquisition of a new bus to aid their transportation to and from match venues.The Kwahu side have gone 10 seasons without Premier League soccer after being relegated in the 2005/2006 finishing 14th on 32 points.Okwahu begin their search for promotion with a game against Accra Great Olympics at the Aquinas Park View pictures of the newly acquired bus below  –Follow Joy Sports on Twitter: @JoySportsGH. Our hashtag is #JoySportslast_img read more