Betfairand Arthur Holland foundation, Xinze capital, encryption assetresearch institute Jointlypromote online sports gambling business
Everystep is setting a new height, and Betfair is ushering in an importantmoment. On December 28, 2020, we officially become strategic partnerswith Arthur Holland foundation, Xinze capital and encryption assetresearch institute. We will jointly promote online sports gamblingbusiness.
Asyou all know, we are one of the largest gaming companies in theworld. We have been established for more than 20 years. We are famousfor efficient price feedback. We have a real gaming website where wequantify sports and other activities and allow others to buildopposing models to bet on us.
Foundedin 2009 and currently valued at $2 billion, Arthur Holland Is aleading incubator in the Netherlands. As of July 2019, it hasincubated 37 startups with a total investment of more than $370million. The VES Venus chain project, hatched by Arthur HollandFoundation, is a digital sports and entertainment platform on theglobal chain. Relying on the blockchain technology and decentralizedpromotion mechanism, it carries the value brought by consensus andentertainment alliance through VES Token and returns investors.
Itis well known that the 2020 pandemic will have a strong andsignificant impact on the global economy. Sports betting isparticularly affected by the industry. However, online sports bettinghas indeed come to a high point, with a group of “forward-looking”investors focusing their investment on the online sports betting andgaming industry. When many people stay at home and have nothing todo, online sports, games and gambling can help them disperse theirpressure and relax their nerves in a short time, which contributes tothe rapid development of online sports betting.
Blockchaintechnology can collect and integrate more accurate market informationthrough a more transparent point-to-point network and improve theprediction level of sports betting. Users can predict market trendsdirectly from the platform’s centralized information without havingto register accounts on multiple betting platforms.
Blockchaintechnology allows us to provide both real market odds and timestampedforecasts. Based on such more detailed information, investors canfind the best odds, make more reliable decisions, make more efficientbetting process, and improve the input-output ratio. Moreover, bothreal-time betting and cash withdrawals can be done directly throughthe punter’s digital wallet.
Inaddition, the “socialisation” of sports betting is a trend.Making sports betting games as close to traditional social games aspossible will make them more profitable. For example, to attractplayers to buy virtual items and virtual currency, improve theirlevel, make friends, play mini-games, etc., and guide players to buyvirtual services through this process. But that’s not our strongsuit. The entertainment platform on the VES chain relies on the sevenasia-pacific communities, with a vast user system. So we have apartnership with Arthur Holland, a partnership between the strong andthe weak.
Thiscooperation between us is of great significance to both sides. Weregard this cooperation as an important part of the globalizationstrategy, which is an important step to promote the furtherdevelopment and sale of global online sports betting and lays a solidfoundation for our in-depth cooperation in the future.