iMPERIUM - sports betting platform on Ethereum Blockchain | zero fees | No betting limits
what is imperium?
iMPERIUM is a revolutionary state-of-the-art sports betting platform built on the foundation of the ethereum blockchain. it is the only sports betting platform in the world that takes zero fees from its users.
Benefits of mperium
iMPERIUM is unlike any other betting platform, we don't have fees. We take no fees from deposited funds, no fees when a bettor wins, and no fees when a bettor wants to withdraw. It is truly, revolutionary
Because of the unique nature of this emerging technology, we will be able to eliminate all fees bettors normally pay on other betting platforms. Instead of taxing our customers each time they place a bet, we will instead remove this externality from the system, encouraging them to place larger bets and therefore, increase the winnings for every bettor. This will create a surge in demand and an uptick in value of our MPRM coins. This natural price appreciation, inherent in the coin supply, will serve as our fee revenue as we have forty percent of coins in escrow for
iMPERIUM has no betting limits, and never will. Bet on who you want as many times as you want, and with as much capital as you want.
One of iMPERIUM’s most valuable characteristics is our unlimited betting protocol. Thanks to our monumental Automated Queue Model (described below), there are no restrictions to how much you can bet. Nowadays, only in the underground sport-betting world could someone wager $50 million on a sporting event. On our platform and with the use of our tokens, this kind of bet is possible. No restrictions. No limits. With this ceiling-less structure, the $400 billion of illegal betting that takes place each year will now funnel into iMPERIUM and away from the dangerous underground betting world. With our unlimited betting protocol, we feel that eliminating illegal betting isn’t a possibility, but an ultimate end result.
iMPERIUM is built on the foundation of the openly verifiable ethereum blockchain. Making it the most secure and transparent betting program in the world.
iMPERIUM aims to entirely eliminate security risk by decentralizing transactions on the
backbone of the Ethereum blockchain. We increase security in multiple ways:
1) All bets are made using our MPRM tokens which are conveniently stored in escrow smart
contracts, eliminating counter-party risk and allowing fast, automated payments to winning
2) Depositing and withdrawing funds are also completely automated using the blockchain.
With no human intervention required, there can be no human error.
3) Automating event verification using site scraping tools, IBM’s Watson, and sports betting
The iMPERIUM system is decentralized and self-regulating. These qualities allow
iMPERIUM to deliver secure, private, and safe sports betting. Players avoid fees, corruption,
Purpose of imperium
Plain and simple: We are here to solve the main problems harming sports betting today, in hopes that we can put an end to the driving forces that are sending bettors to the corrupt, dangerous world of underground betting. We strive to use some of today’s most influential and new technologies to our advantage in solving these problems and hope that, in cohesion, our solutions will provide the groundwork for a disruption in the sports betting industry.
Placing bets on the iMPERIUM platform will be as easy as seeing an event you like,
determining which matchup type you would like to participate in, and betting as much MPRM as
SUPPORTED MATCHUP TYPES
• Head to Head - Challenge a buddy, a coworker, a family member, or another random user on
the imperium platform to a head to head matchup.
• Pool - Join a team of multiple bettors to compete against the other side.
*As development of the iMPERIUM platform continues, more matchup types will be added*
• Parlays - A parlay is simply a combination bet. Instead of making five separate bets on five
different tickets, the bettor places a single parlay bet, hoping he or she can predict the outcome
of all five games. If any one of the games is a loser, the entire parlay is a loser. The payout is
much better for parlays, because the odds of successfully picking multiple winners are much
• Money Line - Money line bets do not have a spread or a handicap, and require the chosen team
to win the game outright. The favoured team pays lower odds than does the underdog, thus, it
acts mainly as an enticement to take the underdog for a better payout.
• Spread Betting - Spread bets are wagers that are made against the spread. The spread, or line,
is a number assigned which handicaps one team and favours another when two teams play
each other and one is perceived as being more likely to win. The favourite "takes" points from
the final score and the underdog "gives" points. This is the most common type of bet in sports
• Total (Over/Under) - Total bets are wagers made based on the total score between both teams.
Example, if an MLB game has a total of 10.5, an over bettor will want the combined total to be
greater, and the opposite for a bettor taking the under. If the combined total is the same as the
proposed total, the bet is a push.
• Proposition bets - “Prop” bets are wagers made on a very specific outcome of a match not
related to the final score, usually of a statistical nature. Examples include predicting the
number of goals a star player scores in an Association Football match or betting whether a
player will run for a certain number of yards in an American football game.
NOTE: iMPERIUM will NOT support over-leveraged or margin betting on its platform. A single
user can only bet what they have. This ensures complete monetary safety and control.
SUPPORTED LEAGUES AT TIME OF LAUNCH
ICO START - 18:00 UTC AUGUST 20, 2017
ICO END - 18:00 UTC AUGUST 27,2017
1 ETH = 2,000 MPRM
1 BTC = 25,000 MPRM
ETHEREUM ADDRESS: posted before 18:00 UTC
BITCOIN ADDRESS: will be posted before 18:00 UTC
INITAL TOKEN DISTRIBUTION
TEAM POOL: 10%
Ten percent of tokens will be held by the developers and founders of iMPERIUM. These coins will be held in escrow and released to founders after the Beta release of the iMPERIUM platform.
INCENTIVE POOL: 10%
initiative. This initiative will draw bettors to our platform, allowing the platform to gain traction
in the space. Specifically, this ten percent coin allocation will be used to match the winnings of
each bet placed in the first year of the MPRM platform launch (or until the pool runs out,
whichever comes first). We estimate this user-acquisition initiative will help to boost the
popularity and frequency of betting on the iMPERIUM platform and drive an influx of new
bettors to the platform. These coins will be held in escrow, only being released into the
iMPERIUM community when a bettor has won a wager
TOKEN SALE: 40%
Forty percent of coins will be directly sold to investors during the fundraiser between 18:00 UTC August 20, 2017 to 18:00 UTC August 27, 2017. Once the hidden hard cap of forty percent coins is reached, no more coins will be for sale, and no more will ever be created
ESCROW COMPANY COSTS: 40%
Forty percent of coins will be held in escrow by the company to pay for company costs and expansion. This escrow is the reason we are able to provide users the benefit of zero fees
Thirty percent of revenue raised from the fundraiser will go towards operating the iMPERIUM platform. To ensure amenable business practice is occurring, our team of accountants will be expanded to provide authorization of resources and to improve transparency, improving company longevity. A business consultant will foster the adoption of new ideas and practices from industry experts. Further, game strategists, business strategists, Blockchain technicians, and communications experts will keep iMPERIUM on track toward its worldwide goal.
Twenty percent of funds raised will go towards the overall development of the iMPERIUM platform. Our goal is to create a user friendly, aesthetically pleasing platform which is functional on any software or hardware device in the world. MARKETING: 20% Twenty percent of funds raised will go towards the continuation of our advertising efforts to encourage worldwide adoption and usage of iMPERIUM. We want to expand our global
outreach to promote the advantages of decentralized sports betting, ensuring iMPERIUM becomes the largest sports betting platform in the world.
Twenty percent of the funds raised will go towards research and development. We will not
stop at the simple stuff. We will stay on the cutting edge of change in the betting industry. Our
future goals include:
• Creating fully operable fantasy leagues within the iMPERIUM platform.
• Designing a system for large coin holders to create their own betting pools and point spreads
• Implementing social media-connected betting (using Watson)
• Developing the option for political, financial, and derivative bets
• Optimize a system for incorporating user designed betting games
Ten percent of funds raised will go towards legal efforts to assist with navigating
regulations when needed. Due to the desired outreach of our platform (worldwide), we will need
a legal team to handle the imminent efforts of sports betting companies trying to obstruct our
goals. Our legal teams main focus will be advocacy and lobbying to promote total access
Ethereum and Bitcoin will be accepted during this fundraiser. Ethereum will be the easiest way to contribute to this fundraiser. However, we want to support other blockchains and, because we believe in simplicity, we will accept Bitcoin directly at the designated address during the creation event. However, this blockchain by its nature cannot provide us with an Ethereum crediting address for the MPRM token. The MPRM tokens that are created by these
contributions will be aggregated into one Ethereum account controlled by iMPERIUM. These MPRM tokens will be transferred only to a party that can prove they are the sender by signing a message with the private key of the originating Bitcoin address, and sending to email@example.com. No exceptions whatsoever will be made to this rule. If you are uncomfortable with the process of signing a bitcoin message, our advice is to simply use Ethereum to contribute to our coin sale.
If our hidden hard cap is not reached during the coin sale (highly unlikely) the remaining MPRM coins will be distributed amongst the coin holders based proportionately off the percentage of coins owned at the conclusion of the coin sale. The iMPERIUM fundraiser is a limited coin issuance event. It begins at the Ethereum block mined soonest after 18:00 UTC on August 20, 2017. As soon as the hidden hard cap is reached OR August 27, 2017 18:00 UTC passes, the receiving contract will be finished and will reject Ether from that time on by calling a “throw” function. There will never be more MPRM minted.
Bitcoin and Ethereum contribution prices will be fixed for the duration of the fundraiser. Finalized prices will be published at or slightly before 18:00 UTC August 20, 2017. This is due to the fluctuations in price between BTC and ETH. WALLET ADDRESSES Ethereum and Bitcoin wallet addresses will be posted on the website prior to the ICO at 18:00 UTC on August 20, 2017. "
Ethereum and Bitcoin wallet addresses will be posted on the website prior to the ICO at 18:00 UTC on August 20, 2017.
NOTE: When donating ETH make sure the spelling of our donation address is correct or else
Ethereum donation will be invalid and you will not receive any MPRM coins.
As soon as the coin sale is completed (once the hidden cap is reached OR at approximately 18:00 UTC August 27, 2017) the coins for ETH contributors will be immediately released. The coins of BTC contributors will be verified by an email of BTC donation signature and released immediately after verification.
PROTOCOL MAIN CONTRACT
WHITE PAPER RELEASE
iMPERIUM COIN EXCHANGE
BETA RIGOR TEST
Fully open source code will be released for full transparency once Beta is released. Further, throughout the development of the iMPERIUM platform, we will be instituting a generous white hat bug bounty program, ensuring our code is thorough and free of bugs. This will help to deter Black Hats from tampering with our system, as the rewards for finding bugs will be extremely generous.
The iMPERIUM platform will run on the following operating systems:
• Chrome OS
Other betting platforms in the cryptocurrency space require users to have the entire blockchain downloaded onto their device when using their platform. This takes up (currently) more than 60 gigabytes of storage space which is atrocious. Not to mention, the blockchain is getting larger every day. MPRM platform keeps the blockchain downloaded and constantly
Bounty | White Paper | Team |