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about
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BITARENA is a hybrid blockchain platform based on social media that enables
users to enjoy trading through a decentralized predictive competition using
the latest analytical data. We offer a transparent and a fair community platform
where participants can generate profit by opening and operating their own
markets and enjoy various kinds of entertainment.
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Betradar is the betting arm of Sportradar, the world’s leading provider of
sports betting, data and entertainment solutions. With a proven ability to drive
business performance beyond any limits, Betradar is the trusted partner of
bookmakers and operators, no matter how large or small, across the world.
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BITARENA provides dApps that can be customized with raw data provided by Betradar.
BITARENA offers various sports prediction games and trading through Betradar MTS.
BITARENA boosts the download speed of dAPPS through Betradar.
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Global Gambling Revenues
Interactive Gambling GGY Share (%) 2007 vs 2017
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Global Betting Sector
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Betting share by region 2017 - %, $USD: Million
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Centralized System
Most prediction market systems are operated and managed by a central authority and participants are being
forced to put too much trust in their system operator. This defeats the whole concept of decentralization.
Information Asymmetry/Lack of Transparency
There is a high degree of information asymmetry between system operator and participants. There is also
a lack of transparency to ensure information reliability.
Insufficient Participants’ Compensation System
It is questionable whether or not the Reward & Incentive Plan is appropriate for participants in the prediction
market.
Geographical Restrictions (Language and Currency)
Different languages and currencies not only make the communication difficult but also complicates
the application of the Reward & Incentive Plan.
Challenges of UI/UX
Inconvenience to user experience with time-consuming and unstable service with poor scalability through
Public Chain (Main net)
The Oracle Problem
Critical information from the On-Chain process to solve the Oracle problem is unreliable and complex.
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A Promising Solution Through a Hybrid Blockchain
Solves problems arising from information asymmetry, lack of transparency and resolve participants’ inadequate compensation system
Hybrid Blockchain
Provides and processes information using different database servers and classifies based on sensitivity and importance of information. Information with low sensitivity and importance is sent to the central server while information that can affect the scalability, speed with greater sensitivity and importance is sent to the Private Chain (Main net). Others will be operated by the Public Chain (Main net).
Minimizes Intervention with Opening and Operating Market Prediction
Unlike existing methods, BITARENA Platform gives participants the power to open and operate their own prediction market.
Develops Diverse Support Policies and Services for a Thriving Ecosystem
  • Delivers convenient UI/UX
  • Provides diverse SDK/API
  • Advances fair Rewards & Incentive Plan
  • Expands interactive channels of communication
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BITARENA utilizes Managed Trading Services (MTS) of Sportradar/Betradar for predictive
competition and analytics services. Through dApp, BITARENA platform will provide high
quality service for all sports entertainment users throughout the world.
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Live Predictive Game
BITARENA provides over 300 bet types for 40 sports events around the globe for 24 hours a day, 7 days a week, and 365 days a year,
in association with Betradar.
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Virtual Predictive Game
We provide superb and speedy games based on actual data (football, basketball, tennis, dogs, horses) and render results of the games in just 3 minutes.
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Fantasy Predictive Game
Participants assemble a virtual team based on the performance of actual sports games and give points.
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BITARENA is a blockchain database that supports community building
(including PICK ranking system) and social interaction with digital assets rewards.
Combining the social media revolution with the next revolution cryptocurrency, we will
inspire a fair accounting system that truly rewards each and every contributor. This is
a key to furthering community participation that will create a free and fair market.
BITARENA is a blockchain database that supports community building(including PICK ranking system) and social interaction with digital assets rewards. Combining the social media revolution with the next revolution cryptocurrency, we will inspire a fair accounting system that truly rewards each and every contributor. This is a key to furthering community participation that will create a free and fair market.
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Based on blockchain system
Coin-based payment system Smart contract applications
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Easy to use for everyone
BITARENA provides the necessary API for game development
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Anyone can open an account, join a game, and advertise
It is linked with social media such as Facebook, Instagram, etc. Widget or API is provided by the Platform
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For highly profitable games but with slow speed
Various prediction games, Fantasy sports games, Social casino games, and Casual games
An innovative platform derived from blockchain technology, which provides sharing, participating, and communicating among users. Further, BITARENA interlocks with existing social media platform, enabling individuals or groups to reate, incite, and enjoy our services.
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Smart wallet links in BITARENA Launcher resolves any troubles with payment method, currencies, and transaction layer. BITARENA smart wallet offers simple and economical one-stop payment solution for users.
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BITARENA’s priority lies in giving easy access to content gathering and collective information via social medial. BITARENA’s Launcher will give users a whole new understanding and exposure to dApps, the likes of which they have not experienced before.
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They are the ones who run and maintain a platform by supplying and customizing raw data (Betradar/Sportradar/ENETPULSE/BITARENA/Block Maker) and store it on the blockchain for the users.
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A provider that gives content to participants using a platform that utilizes prediction market and PICK trading market.
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A provider that participates in the Reward and Incentive Plan through consumption, evaluation and sharing of the contents.
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RENA is an ERC-20 token that can be purchased through exchanges.
BITARENA’s smart wallet can be used to purchase various services and contents,
which can be a digital asset exchange platform. In BITARENA, various digital assets can be created through Market Provider, and users
can make and participate using tickets and points.
These digital assets can then be exchanged with RENA and be traded in other exchanges.
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  • Built team members
  • Analysis and development of business model for prediction market
  • Started community app. development for participants in the prediction market
  • Completed development of app. beta version with mixture of sports, social casino, causal games
  • Conducted a study on the blockchain application of developed app.
  • dApp design started with blockchain and prediction market
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  • BITARENA app. alpha test
  • Core Smart Contracts
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  • IBSI Establishment at Hong Kong
  • Publish website and white paper
  • Private & pre-sale
  • BITARENA app. beta test
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  • List on local exchanges
  • BITARENA dApp test
  • Design and develop smart wallet and Launcher package
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  • Payment gateway solution
  • Launch BITARENA dApp prototype
  • Web smart wallet and Launcher package
  • Public chain and service adaptation test
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  • iOS swift SDK
  • Android SDK
  • PHP SDK
  • Mobile development of smart wallet and Launcher package
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  • BITARENA main net test
  • BITARENA dAPP community development
  • BITARENA dAPP hackathon
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  • Launch BITARENA dApp & main net
  • Extend platform of prediction market
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