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The first Smartcoin >

Summary: Bettercoin is a cutting-edge Transactional Intelligence Web3 Technology built upon three concepts: Automated Price Arbitrage, Assurance of Payment & P2P Personalized Selling. A new crypto space without CEX, no funds risk, where the commissions are for users.

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Assured current price in blockchain

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Dec-26-2022 to date 

Current price in USD

About drawdown  >

Marketcap

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Price in the 1st  year:  9x

$120 Billion prospected MarketCap for 2030  >

Bettercoin price in USD:

$26.00

Please note that this price is for reference through BETTER:ETH:USD parities from Dec 29, 2022.

Bettercoin user information:

Corporate Smart Tokenization >

Where is the price of Bettercoin? >

Smart people deserve to handle smart money.
See how to buy and sell Bettercoin here >

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https://bettercoin.in
Students come here >

Internet democratized information, blockchain is democratizing trust.

The user-centric smart money, a new full security category that is looking towards 2030.

Bettercoin platforms:

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Using their Metamask, owners can to transfer their Bettercoin directly to the buyer's Metamask, guaranteeing confidence and eliminating payment risks, or use delegated sales services similar to property brokerage.

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¿Where do I send ETHs to pay the received Bettercoin?
From your Metamask, you should to send a proportional amount of ETH to pay the Bettercoin received directly to the automated payment platform PayForBetter.eth

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Calculate >

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¿ how many ETHs do I need to buy Bettercoin ?
Enter here your amount in USD to know the ETHs needed to buy them and the equivalence in Bettercoin. This conversion is at current price.

Detailed information

Delegates adoption model

What a Delegate does >

Lo que hace un Delegado >

O que um Delegado faz >

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Fee parameters was updated: See the bottom line.
ETH_PAY token was renamed to PAYORDER.

Vision of the finance change

Historically, money has served as a simple medium of exchange for goods and services. However, its application has been marked by significant challenges, such as instances of default and inflation resulting from unregulated issuance, which has led to increased indebtedness. The current scenario reflects for 2024 a condition of risk above prudent levels, coupled with undue susceptibility to manipulation. An excellent solution for saving and protecting personal wealth is the adoption of smart money, such as Bettercoin, the first smartcoin in web3, which distinguishes itself by knowing its valuation at all times. It imposes a mandatory compliance commitment to pay after the transfer, allowing for recovery, thus mitigating-the-risk of non-payment. Characterized by strict anti-inflationary measures, its issuance is "transactional in nature", dynamically responding to global demands for crypto-economic transactions. This generates a higher level of confidence in trade, especially in transactions involving unknown parties. Zoioz said "we have designed Bettercoin to be used in many ways, but all of them user-centric; we created it without making an ICO (Initial Coin Offering) so that it has full access globally without any privileges."

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Team vision

User-based transactional liquidity approach: 

Smart money" is often described as bets placed by well-informed individuals. However, we believe it should encompass more than that and actively act on transactions to reduce volatility and avoid defaults, using transactional intelligence algorithms  >

Bettercoin, a Peer-to-peer & Web3-only complete secure Smart Money is a big disruption, not free of objections, poses a huge opportunity for crypto-users.

Complementary information

$ BUR

Logarithmic reference over 460 days  > 

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Uptrend analysis over 460 days  > 

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Downtrend analysis over 460 days  > 

BUR

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Fee parameters was updated: See the bottom line.
ETH_PAY token was renamed to PAYORDER.

Discover Bettercoin in next 7 steps:

1° Smartcoin is a new cryptocurrency concept  with transactional intelligence abilities

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Automatic virtual arbitrage between Bitcoin and Ether  >    

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Secure transfers through double transaction function  >

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Delegated sales functionality to make easy and personalized the sales procedure, from halving with parameters updated  >    

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BetterCash is a BETTER without double transaction for cash payments  >

BetterOne is the representation of 1 USD that convert BETTER to its amount of dollars  >

Bettercoin commands system to manage assets in the web3 services  >

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BETTERs' automatic minting to offset the gas costs in the Ethereum network transfers > 

2° Bettercoin is a Web3 ecosystem designed for swaps exclusively between user wallets.  

From the begining
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From the beginning Bitcoin, Ether and other cryptocurrencies can be transferred directly between two wallets (P2P) to make transactions (eventually payment), but rely on institutions to intermediate between buyers and sellers for transactions to take place between unknown parties.

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This aggregators of supply and demand are the Centralized Exchanges (CEX), institutions where the market places the trust that transactions will take place (settlement and reconciliation) once accepted by both parties, faster and easy way transferring value and assets from party to party, service for which they charge a fee.

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Lack of regulation brought perverse incentives for corruption, along with intrinsic web pages cybersecurity vulnerabilities has all of cryptocurrency industry in question.

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A new generation of cryptocurrencies, which we named “Smartcoins” arrives mainly to transfer trust from institutions to the currency itself, relying in its own capacity to ensure transactional effectiveness, both for those who pay and receive digital assets in order to expand coverage and security for the digital assets adoption.

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This type of cryptocurrency are oriented to be traded only by other cryptocurrencies, establishing a new analytical potential to define their own identity of use, making interesting functional decisions and transforming the money itself into the one who demands the conditions of compliance between the parties.

 

The Smartcoin can even resist or condition transactions, which can be a great thing in case of irregularities, protecting the value of users' assets.

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3° Worldwide launch

The launch of Bettercoin cryptocurrency on December 26, 2022 marked a new success for blockchain by including transaction intelligence technology.

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Bettercoin has a limited supply of 952 billion BETTER of which 950 billions are dedicated exclusively to be minted by users while transacting.The adoption program offer comprises the limited differential amount of 2 billion BETTER.

The starting parity price was 0.001 ETH, equivalent to USD 1.2008 on December 26, 2022.The starting MarketCap was equivalent to USD 1.2 million and was projected to reach USD 12 million in the first year, USD 1.2 billion in five years, and USD 120 billion by 2030, to achieve a privileged position globally by injecting optimism and security to the digital asset industry through the secure functions provided by transactional intelligence technology, to make tokenization of the whole a reality.

Bettercoin has not conducted an ICO, as it is oriented towards users without distinction worldwide, providing an opportunity for massive adoption.

Read about tokenomics >

4° Underlying principles of Bettercoin design 

Automated price

The price of BETTER is expressed through its parity with ETH, which evolves through the Dual Wrapped high-frequency algorithm that optimizes the arbitrage between Bitcoin and Ether

Bettercoin cryptocurrency can understand every transaction made with it, establishing a parity solely with Ether (ETH), ensuring its payment by exchanging it through the CWr Extend dual transaction system, and deploying its own "identity", consisting of Bitcoin and Ether volatility analytics and transacted volume, to get its parity with ETH. This "virtual arbitrage" capability is an efficient way to automatically move between variations of the two major cryptocurrencies in the market, considering traded volume.

Wallet to Wallet

W2W (Wallet-to-Wallet) is an evolution of P2P that retains the virtues of decentralized transactions without intermediaries and adds the capability of multiple interactions between wallets, enabling a user to always maintain control over their digital assets.

Its enables seamless transfers of Bettercoin between individuals, even with strangers, while maintaining complete control of ownership and eliminating the risk of third-party funds manipulation. This innovative system significantly enhances the opportunities for transactions by enabling settlement and reconciliation automatically. Moreover, parties involved in the transaction are no longer bound by the requirement of simultaneous execution, providing greater flexibility, due W2W establishes a predetermined timeframe for the division between ownership and control of the asset, this timeframe can be extended by the owner as they desire.

Bettercoin introduces an extended version of W2W called W2W2W, which allows for the involvement of a third-party wallet in managing a transaction, known as a delegated sale. However, this delegation does not grant any authority to influence the price or impact ownership. Instead, the third wallet serves as a limited intermediary solely responsible for facilitating the exchange's communication between the owner and the buyer.

To ensure clarity and avoid confusion in the face of multiple transactions, it is a crucial requirement that the buyer does not have any pending transactions when engaging in a purchase. This condition helps maintain transparency and streamlines the secure transaction process.

Security mechanisms

Bettercoin demonstrates exceptional behavior through the utilization of sophisticated mechanisms comprising various functionalities to enhance security, streamline transactions, and enable efficient pricing, thereby creating a robust and reliable platform for users

Bettercoin's intelligence is embedded within the Ethereum network, building upon the ERC20 protocol with an advanced evolution. This enhanced protocol incorporates a range of exceptional functionalities that ensure secure payments during transactions involving the absence of trust between the two parties through a Double Transaction scheme.

Unique feature of Automatic Virtual Arbitrage between Bitcoin (BTC) and Ether (ETH) is an excellence volatility control. This mechanism facilitates seamless and efficient exchanges between these two cryptocurrencies, enabling users to leverage market opportunities.

Additionally, Bettercoin introduces the capability to settle transactions in BETTERs while minimizing GAS spending through automatic mining. This feature optimizes the utilization of network resources and reduces transaction costs.

Moreover, Bettercoin incorporates several other security measures to safeguard user assets. These measures work collectively to protect against potential vulnerabilities and threats.

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Web3 Only

Web3 Only concept allows all transactions to be executed solely within the blockchain without any websites interaction, providing the highest level of security for digital assets.

The Owner of BETTERs has the flexibility to transfer their tokens directly to the recipient's wallet or Delegate the transfer through a sales delegation. When opting for delegation, the Delegate earns a commission in ETH and BETTER, which forms a part of the total amount paid by the Buyer. This feature is particularly beneficial for individuals or companies engaged in frequent trading, as it eliminates the need for direct communication and saves time in each transaction.

The Buyer initiates the purchase from their wallet sending ETH to PayForBetter.eth platform, no directly to Owner or Delegate. The Buyer pays the GAS fees of the Ethereum network, without any additional commission, whithout offset in BETTER. Importantly, the Buyer is unaware of whether they are purchasing Bettercoin through a direct sale or a delegated sale, as the price remains the same.

In Web3-Only concept the payments are controlled by the automated platform PayForBetter.eth, who send directly to the owner's wallet 100% of ETH in case of direct sale, or partially in ETH and compensated in BETTER in case of delegated sale. The Delegate's fee is directly credited to their wallet, consisting of the automatic fee. This entire process occurs exclusively between wallets, ensuring a secure and transparent transaction experience avoiding the cybersecurity risks of web sites used to facilitate transactions between users.

Bettercoin's ecosystem is linked to cryptoeconomy as a whole within an automation technology framework, based on the pioneering principles of Transactional Intelligence Tech.

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5° Tokens that need to be imported into the user's wallet

When downloading the Metamask wallet only the ETH token is always present, so it is necessary to import Bettercoin tokens. This is done in the "Import Metamask >" tab.
 

  • BETTER is the cryptocurrency token 

  • UNPAID token represents the BETTER received not paid yet (Credit token)

  • PAYORDER token represents the cost to be paid in ETH by Buyer for the BETTERs received.

 

You must import at least the tokens BETTER, UNPAID and PAYORDER to manage the Bettercoin you have, which is the subtraction of BETTER and UNPAID. You be able too to handle the PAYORDER payment orders when you receive BETTERs.

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  • PRICE token represents the price of 1 BETTER in ETH units (ETH_PRICE named in wallet).

  • BETTERCASH token represents the BETTERs available for transfer through a single transaction. BetterCash is transferred in a similar way to any traditional cryptocurrency using for payments. Any owner can convert their BETTERs to BETTERCASH in their wallet by sending themselves the amount of BETTERs they wish to convert. This is reversed by the user sending himself the BETTERCASH he wants to convert back to BETTER.

Free download Metamask
wallet from
https://metamask.io >

Bettercoin tokens to import >

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In Metamask wallet ETH
token is always present.

Basic setup includes
information tokens
of Bettertoin from
wallet to wallet using
double transactions

Advanced setup includes
information tokens to make
additional operations using Bettercoin functions.

6° Double transaction mechanism

To receive Bettercoin the wallet of Buyer or Delegate must not have a pending payment.

First transaction

If the Owner chooses to sell directly, they will transfer the desired amount of BETTER to the Buyer's wallet using a double transaction slip. After that, the Owner will wait to receive payment in ETH.

In the Buyer's wallet there cannot be a transaction pending payment to receive BETTER.

Bettercoin transfer transaction automatically mints to the Buyer wallet a quantity of UNPAID that represents exactly the quantity of Bettercoins not paid yet, and also mints the token PAYORDER that represents the total price in ETH to send to the valid address of Bettercoin for payments to the Owner.

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At this moment, the Buyer cannot transfer the amount of BETTER received, because they are blocked by the exactly same quantity of UNPAID. 

Second transaction

The Buyer has 10 minutes granted to make payment (additional period can be allowed by the owner off-chain). After 10 minutes the Owner can easily recover his Bettercoin sending 0 BETTER to the Buyer wallet. The Buyer can pay by sending ETH to  PayForBetter.eth  address (Bettercoin platform for payments) in the amount of PAYORDER tokens informed in the Metamask of Buyer in proportion to the Bettercoin he received to buy. Partial payments are allowed with automatic settlement.
 

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If the Buyer desists from purchasing having received BETTER, he can send 0 PAYORDER to PayForBetter.eth to cancel the payment order received.

7° Delegated sale function explained in detail

Fee parameters was updated: See the bottom line.

Any wallet that receives Bettercoin can act as Delegate.

The Owner transfers BETTER to the Delegate's wallet just as he would send them to a buyer to authorize to Delegate to sale this amount to a Buyer contacted by the Delegate. To become a Delegate it is not needed any register.

In the Delegate's wallet there cannot be a transaction pending payment to receive BETTER.

The Delegate receives BETTER, UNPAID and PAYORDER tokens, like any Buyer wallet, but the Delegate cannot transfer the Bettercoin received because UNPAID information tokens makes explicit its credit condition. The purpose of the Delegate is to send the PAYORDER tokens to a Buyer wallet, to make a sale of Bettercoin in name of the Owner.

The Delegate can only transfer all PAYORDER tokens together to the Buyer's wallet, but the Buyer can decide to make a parcial pay, in which case the remaining BETTER will return to the Owner's wallet.

85% of ETH paid corresponding to the payment transaction will go directly to the wallet of the Owner and 15% of BETTER minted additionally.

12% of ETH will be delivered to the wallet of the Delegate and the remaining 3% of ETH is swapped by BETTER automatically in the Delegate's wallet.

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Transactions involving a Delegate change the percentage of their commission, which undergoes modification via the n+Unhalving transaction (n+U mechanism), coinciding with the Bitcoin Halving event.

This implies that the new fee ratio was the following range: Delegate fee of 15% (12% in ETH and 3% in BETTER). As a result, the owner will receive 85% in ETH and 15% in BETTER.
 

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