Why the World Needs Decentralised Betting

Various blockchain solutionsEach bet is a contract between the player and the bookmaker. Using smart contracts to handle betting is an obvious choice. And there are already various projects which approach the problem from different angles.

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