By HM - MN.Investments content producer, Midas.Investments
Midas announces the listing of 1X2 Coin (1X2) to the Midas platform as an Instant Share. Invest today to receive instant rewards.
What is 1X2 and what does it offer?
Sports betting has been around for a long time. It makes any sporting event more exciting, at least for some of you. In the old days, you literally need to talk to a bookie so that he can write down your bets and pay you for any win. When the age of internet dawns on us, we have dozens of betting websites for every sports at the convenience of never leaving your computer browser. A few places even accept cryptocurrency such as Bitcoin or Ethereum.
1X2 project was created to capture this potential profit from sports betting with 1X2 coins being the primary cryptocurrency. There are certain technical limitations to both Bitcoin and Ethereum, and so the creation of a new coin with a very specific use case is always welcome. In fact, you might have observed that all coins listed on Midas platform is dedicated one way or another to each unique purpose - charity, entertainment, insurance, etc...
For 1X2, it aims to become the payment currency of choice for sports betting initially. The project has planned several activities to increase adoption. It will partner with current sports betting sites around the world to accept 1X2 in addition to other popular coins. The regular bounty hunting to increase awareness on social media is also running and payable in BTC. The coin has been listed on a few exchanges and masternode tracking services.
In later stages, the team will develop its own betting platform. The project will support live betting for almost every major sports in any country under the sun. This is the list of supported sports for your reference:
You can only use 1X2 to participate, including deposit and withdrawal. The team will allow you to deposit in BTC, but their internal system will convert it to 1X2 for all transactions done on the platform. A preview of the betting site is available here. The expected launch date is in March, 2019.
Team is anonymous. On a post on Discord, dev has revealed that the team has an operating license in Panama.
Where can I purchase 1X2?
Consensus algorithm: MN/proof-of-stake
Masternode collateral: 1000
Block time: 60 seconds
Block reward: variable block reward depending on block heights. MN reward is 80-95%, and staking reward is 20-5% accordingly.
Can I get more information about 1X2?
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