Dexsport – A Star in Web3 Sports Betting Industry – CryptoMode

Decentralised betting is not a new concept. In fact, blockchain’s answer to it a.k.a. prediction markets have been at it for as much as 7 years with well-known projects like Gnosis, Augur and other more recent ones like Polymarket going for it. Betting/predictions is an obvious choice for decentralisation via smart-contract blockchains. But it neve... See more

Azuro — the solutionHere’s comes Azuro — a decentralized betting protocol with DAO governance, to become the base infrastructure of betting dApps in the future. Azuro’s solution revolves around two important new pillars — importing odds & results via oracles, and utilizing 1 main liquidity pool, from where liquidity is allocated to different ev... See more

This is a very simple explanation of how blockchain can be used for decentralised betting, but here are the key takeaways. Decentralised betting is transparent for the players and the bookmakers. When a bet is placed, an agreement is made and the only deciding factor is the outcome of the event. A key advantage of this setup is the bookmaker can’t ... See more