New Sports Betting Blockchain Project | Betterbetting
I've took some time to go trough their Whitepaper and for as far as I understand, they aim to be an exchange "without any fees" that facilitates a peer-to-peer bet with their tokens that will be used to bet. They are ethereum based but allready talk about switching over to EOS because of the slow network and gas price. They also talk about "Ongoing Maintenance Tokens" which will be created to replenish tokens that are burnt as part of transaction fees. These tokens would be sold by them on the market. Some of their competitors are also mentioned in their whitepaper of which some allready have a website that is no longer online (imperium.network / tombet.io). Overall at first glance, not a project and ICO that excites or convinces me in any way as an active Sports Bettor.
| Project | Type | Website |
|---|---|---|
| Wagerr | Sports Betting | wagerr.com |
| Bookie | Sports Betting Exchange | bookie.exchange |
| (^Peerplays) | (^Bookie Platform) | Peerplays |
| Augur | Prediction Markets | augur.net |
| Gnosis | Prediction Markets | gnosis.pm |
| Stox | Prediction Markets | stox.com |
| decent.bet | Sports Betting - Casino | decent.bet |
| Fansunite | Sports Betting | fansunite.io |
| Betrium | Sports Betting | betrium.co |
| Blitzpredict | Betting Broker | blitzpredict.io |
| Betterbetting | Sports Betting Exchange | Betterbetting.org |
| Hero | esports Betting | herocoin.io |
| Gimli | esports Betting | gimli.io |
| Unicoingold | esports Betting | unikoingold.com |
| Goal Bonanza | Correct Score Lottery | goalbonanza.com |
Sounds like a lot of chaos. It doesn't give any confidence to an investor if I were to go by your short review. Wagerr is another that I am starting to doubt. The mainnet was launching on 15th but the team have hardly released any information on it. What are your thoughts on it @costanza.
I kinda agree!
I wanna learn more though it could be interesting
Wagerr is the only one I'm invested in ever since the price was 0.10$. The team so far only showed incompetence. The idea of sports betting on a blockchain has so much potential, but nobody really seems to be able to execute it properly. I still like the idea of wagerr, but can't say I'm very confident.
I just don't get why the execution is being done so poorly. The world is ready for a decentralized betting platform. Nobody enjoys facing government restrictions and having taxes imposed on your earnings. I am always on the look out for your reviews hoping to see something that actually works well.
Is it me, or it's not possible to bet in any of this platforms yet?
I haven't seen one that actually allows you to bet. Maybe the prediction market platforms, but I'm not that much into those.
@costanza
The name "betterbetting" is so glittering, that it sounds like a shill at first glance. But that is just an instantly upcoming ressentiment, so by no means an objective judgment about what they are able to achieve in the future.
There are a few exciting projects out there (Blitzpredict should be one of them imo), and hopefully more soon, to be watched in the future.
thanks for doing these reviews! the information is good and well thought out. it's also useful to come and find all of the new betting related cryptos organized in a list
Another interesting review on cryptocurrency betting projects, @costanza. I wonder if one of the traditional betting companies might find their way into this space at some point...
Hello costanza!
Congratulations! This post has been randomly Resteemed! For a chance to get more of your content resteemed join the Steem Engine Team
Very interesting ico, i mean the bet market is really big and projects based in that market will be grow quickly. Regards
I took Jacksonville over Patriots!