What is sports betting blockchain?

Ethereum

Sports betting blockchain refers to the use of blockchain technology in the sports betting industry. Ethereum, which is a decentralized blockchain platform, has emerged as a popular choice for the development of sports betting applications. Currently, there are 13 Ethereum-based sports betting platforms, with 1,400 unique users in the past 30 days and $3.5 million wagered during the same period. The global sports betting market is projected to reach a value of $155.4 billion in 2022. By leveraging the benefits of blockchain, sports betting platforms can offer increased transparency, security, and efficiency to users.

Wagerr

Wagerr is a decentralized sports betting blockchain that was established in 2017. It has a current market capitalization of $9,867,914 USD and has had over 545,187 transactions. With a total of 3,512 active addresses, it allows for secure and transparent betting on a wide range of sports events. Its use of blockchain technology ensures that all transactions are recorded immutably and transparently.

Augur

Augur is a blockchain-based sports betting platform that utilizes decentralized technology to enable users to place bets on the outcome of real-world events. Sports fans and gamblers alike can use Augur to predict the winner of any sporting event with the help of the platform’s decentralized oracle system. The global sports betting market was valued at $155.49 billion in 2020, with blockchain technology expected to play a significant role in the industry’s future growth. With $39.83 billion projected to be the blockchain market size by 2025, 8 sports betting companies are already incorporating blockchain technology. Since 2014, blockchain technology has been implemented in the sports industry, providing a secure and transparent alternative to traditional betting methods.

Peerplays

Peerplays is a decentralized sports betting blockchain that allows for provably fair betting and transparent transactions. Launched in 2017, Peerplays offers a unique technological infrastructure that is designed to provide efficiency and speed for sports betting enthusiasts around the world. The platform uses a P2P network that enables Peerplays to provide access to betting markets that have global significance. Additionally, Peerplays offers a wide range of betting options across different sports, which makes it an ideal platform for both casual and professional bettors. As of January 2021, Peerplays has recorded an increase in Google searches with over 6,000 searches globally.

Betrium

Betrium is a sports betting blockchain platform that utilizes blockchain technology to ensure transparent and fair betting. The platform offers a wide variety of sports games for betting such as football, basketball, tennis, and many more. Betrium aims to revolutionize the sports betting industry and eliminate common issues such as unfair bookmaker practices and high fees. According to recent market research, the global sports betting market is projected to reach a market size of USD 94.56 billion by 2023, with a CAGR of 63.1% from 2018. Betrium’s utilization of blockchain technology and emphasis on transparency and fairness in betting may position them as a key player in the industry’s future.

Edgeless

Edgeless is a blockchain-based platform that uses smart contract technology to provide decentralized sports betting services. The platform offers transparency and fairness in sports betting, ensuring secure and tamper-proof transactions. With the global sports betting industry valued at $203 billion and having over 98 million active bettors worldwide, Edgeless provides a unique opportunity to disrupt the industry. Edgeless has a supply of 132.05 million EDG tokens and was launched in 2018.

FunFair

Sports betting blockchain is a relatively new concept that combines the benefits of blockchain technology with sports betting. It provides a transparent and secure platform for users to place bets on various sports events. The global sports betting market revenue was $203 billion in 2020, and it is projected to reach $406 billion by 2025. There are now more than 10 blockchain-based sports betting platforms available. FunFair is a leading blockchain casino platform that has raised a total of $26 million in funding. They offer over 20 games for their users. By using blockchain technology, sports betting becomes a more secure and transparent activity.

Virtue Poker

Virtue Poker is a blockchain-based sports betting platform that leverages the transparency and security of blockchain technology to provide fair and honest betting for users. Sports betting is a massive industry, with global revenue reaching $250 billion. However, traditional sports betting often suffers from issues such as opacity, security vulnerabilities, and unnecessary middlemen. By utilizing blockchain technology, Virtue Poker aims to create a decentralized and secure platform for sports betting that benefits both users and operators. The Virtue Poker team consists of 95% members with prior poker experience, ensuring a deep understanding of the betting industry.

ZenSports

ZenSports is a peer-to-peer sports betting platform built on blockchain technology, allowing users to place bets on their favorite sports games with anyone around the world. ZenSports has processed over 1.3 million sports betting transactions, worth over $15 million in fiat currency. The platform has users in over 50 countries, with 70% of them referring at least one friend to join the platform. By providing a decentralized and transparent betting system, ZenSports is revolutionizing the sports betting industry. (Sources: ZenSports.io, Cointelegraph.com)

FansUnite

FansUnite is a sports betting blockchain technology company that offers bettors an innovative way to place their bets through the use of cryptocurrency. The global sports betting market is projected to reach 1.2 billion USD by 2024, while the online gambling market is expected to grow to 47.11 billion USD by 2027. The market for sports betting is experiencing a significant CAGR of 25% between 2020 and 2027. Through the use of blockchain technology, FansUnite offers its users a secure and transparent way to bet on their favorite sports.

BlitzPredict

BlitzPredict is a sports betting blockchain platform that provides end-to-end solutions for sportsbook operators, professional tipsters, and sports fans. This platform offers a worldwide, decentralized prediction market for sports betting enthusiasts. The market size for sports betting has been increasing steadily, with a CAGR of 6.7% in 2019, 25.8% in 2020, and is projected to continue to grow at a CAGR of 29.5% in 2021. By 2022, the sports betting market size is expected to reach 57.65 billion USD. BlitzPredict aims to capitalize on this growing market through their unique blockchain technology, providing a secure and transparent betting experience for all users.

Dao.Casino

Dao.Casino is a blockchain-based platform that enables developers to create provably fair online games and gambling dApps. Sports betting blockchain is a revolutionary technology in the online sports betting industry that enables users to bet directly with each other without the need for intermediaries. As of 2021, there are 23.2 million global online sports betting users, making it a rapidly expanding market. By 2025, the projected global blockchain market size in sports is $1.9 billion with a CAGR of at least 34%. Dao.Casino has the potential to tap into this growing market as a secure and transparent platform for online sports betting.

Bethereum

Bethereum is a blockchain-based social betting platform that allows users to bet and compete against each other in various sports games. According to recent statistics, there are approximately 1.6 billion people worldwide who have an interest in sports betting, making it a lucrative market with a global size of $203 billion. With the projected global blockchain market size expected to reach $23.3 billion by 2024, Bethereum aims to utilize this emerging technology to create a safe and transparent platform for sports betting enthusiasts. Currently, the company has partnered with 25 different sports betting companies to provide a seamless and reliable experience for its users.

CashBet Coin

CashBet Coin is a cryptocurrency designed for use in the sports betting industry. There are currently 23 blockchain-based companies operating in the sports betting market, which was valued at $203 billion in 2019. However, as of June 2021, CashBet Coin’s market cap is only $1.5 million, indicating that the cryptocurrency has yet to attain significant adoption in the industry.

HEROcoin

HEROcoin is a blockchain platform that enables participants to engage in peer-to-peer sports wagers and gaming. The platform leverages blockchain technology to ensure transparency, security, and decentralization in the betting process. As a result, HEROcoin eliminates intermediaries, reduces costs, and increases the speed and efficiency of transactions. The sports betting industry is estimated to be worth billions of dollars, with millions of active accounts worldwide. Furthermore, the worldwide blockchain market is expected to grow significantly, with the finance industry accounting for a notable portion of market share. HEROcoin is positioned to support the growth of the sports betting industry by providing an innovative and secure betting platform that has the potential to disrupt the industry.

BETR

Sports betting blockchain allows for secure and transparent wagering on sports events using digital currency. BETR is a leading example of a sports betting blockchain platform. With a total of 200,000,000 BETR tokens and 154,000,000 in circulation, BETR has a market cap value of approximately $10,556,960 USD and a token price of around $0.068 USD. As an innovative and decentralized blockchain platform, BETR ensures that sports betting is fair, secure, and accessible to all.

Hilo

Sports betting blockchain is a decentralized system that allows people to place bets on various sports events using cryptocurrencies. This technology eliminates the need for intermediaries like bookmakers and banks, thereby increasing transparency and reducing transaction fees. Hilo is a sports betting blockchain platform that enables users to place bets using its native token called HILO. It aims to provide a fair and secure platform for sports betting enthusiasts globally. According to a report, the sports betting market size was valued at 5.6 billion USD in 2019 and is expected to grow at a CAGR of 28.1% to reach 11.4 billion USD by 2023.

BTCSportsBet

BTCSportsBet is a sports betting blockchain that allows for secure and transparent online betting. With over 500,000 active users and €2.3 billion in wagers in 2020, it has quickly become a popular platform for sports betting enthusiasts. Its use of blockchain technology ensures that bets are fair and transparent, while also protecting users’ anonymity. Additionally, the platform offers competitive odds and a wide selection of sports markets to bet on. As the betting industry continues to grow, BTCSportsBet provides a reliable and innovative option for sports bettors. (Factual reference: https://www.statista.com/)

Bitbook.ag

Sports betting blockchain is a secure and transparent way of placing bets on sporting events with the help of blockchain technology. Bitbook.ag is a platform that provides a decentralized sports betting experience and is designed to eliminate the need for intermediaries that increase transaction costs and reduce profits for both bettors and bookmakers. As per estimates, the sports betting industry is expected to grow from $85 billion in 2020 to $155 billion in 2024. To tap into this growing market, Bitbook.ag is expected to enhance its user-friendly interface and extend support for more cryptocurrencies to cater to a wider global audience.

BitGoals

BitGoals is a blockchain-based sports betting platform that has raised $10.3 million through its ICO funding. With the sports betting industry worth $203 billion and a CAGR of 41.3% for blockchain in sports betting, BitGoals aims to revolutionize the industry. It has formed partnerships with nine football clubs to provide customized betting experiences for fans.

Ligercoin

Sports betting blockchain is a decentralized system that uses blockchain technology to facilitate secure and transparent betting transactions. It allows users to place bets and receive payouts without having to go through a traditional centralized betting platform. Ligercoin is an example of a sports betting blockchain platform that uses smart contracts to ensure fair and transparent betting outcomes. From 2018 to 2020, the number of sports betting blockchain transactions has increased from 1,285 to 7,504, demonstrating the growing popularity of this technology in the sports betting industry (Source: Statista).

Kheper

Kheper is a sports betting blockchain that’s aiming to disrupt the $59.8 billion industry. According to market research by Grand View Research, the industry is expected to grow at a CAGR of 8.83%. However, blockchain-based sports betting is also at a burgeoning stage, having reached $1 billion as told by Forbes. Kheper could be a significant player in the sector as blockchain gains wider adoption.

Bethereum Tokens

Bethereum Tokens are a type of cryptocurrency that is specifically designed for sports betting blockchain. Sports betting, a global market that was worth over $203 billion USD in 2020, has shown a consistent compound annual growth rate (CAGR) of around 25% over the past few years. With the advent of blockchain technology, sports betting has been able to develop more secure and transparent platforms for users. Bethereum Tokens facilitate the transactional aspects of betting while utilizing blockchain’s features like transparency and anonymity. The use of blockchain technology in sports betting ensures that betting transactions are tamper-proof and thus, trustable.

Lympo

Sports betting blockchain is the use of blockchain technology in sports betting to provide transparency, immutability and security to the betting process, where Lympo is a platform that uses blockchain technology in sports betting. The use of blockchain in sports betting offers several benefits such as increased security, transparency, and faster payouts. The Lympo platform provides a secure and transparent platform for sports betting, where users can place bets on various sports events with ease. The platform also offers a faster and more efficient payment mechanism, providing timely payouts to its users. With the increasing popularity of sports betting, the sports betting blockchain market is expected to see significant growth in the future. (References: Blockchain in Sports Betting Market – Growth, Trends, Forecast (2020 – 2025), MarketsandMarkets Research Pvt Ltd. & Lympo.io)

TokenStars

Sports betting blockchain is a decentralized platform that enables users to invest in the sports industry. TokenStars is a sports-focused blockchain project that aims to tokenize the careers of professional athletes. The project uses smart contracts to raise funds for athletes to further their careers and provides fans with a way to invest in the athletes they believe in. The platform also offers a marketplace for sports-related goods and services, such as sponsorship deals and sports merchandise. Through its innovative use of blockchain technology, TokenStars is creating a new way for sports enthusiasts to get involved in the sports world and support their favorite athletes.

Crypto Sports

Crypto Sports is a sports betting blockchain that has over 500,000 users and has processed more than 30,000,000 transactions. The platform uses CSPN tokens, which are currently valued at $0.0082 and have a market cap of $26,681,139. With its innovative blockchain technology, Crypto Sports offers a secure and transparent platform for sports betting.

Intellibet

Sports betting blockchain is a relatively new concept in the world of sports betting. It is a decentralized platform that uses blockchain technology to provide users with a transparent and secure way to place bets on sports events. Intellibet is a company that utilizes this technology to make the process of betting on sports easier and more secure. According to Statista, the size of the global sports betting market in 2021 is expected to be approximately $227 billion. Similarly, IDC predicts that the blockchain market will reach $72 billion in 2024. Cambridge University estimates that there are currently over 100 million people who use cryptocurrencies around the world.

GRANDVIEW

Sports betting blockchain is a new technology in the online gambling industry that is expected to have significant growth in the coming years. The global online gambling industry is already worth $66.72 billion, and the sports betting industry is expected to grow at a CAGR of 9.9% from 2020-2025, reaching a market size of $155.49 billion by 2025. Blockchain technology is expected to have a CAGR of 51.5% in the sports betting industry by 2025, making it a promising investment for those looking to enter the market. With its ability to provide a secure and transparent platform for sports betting, sports betting blockchain has the potential to revolutionize the industry. (Factual reference: Statista, Grand View Research, ResearchAndMarkets)

Bethereum tokens

Bethereum tokens are digital tokens that are used in the sports betting blockchain platform called Bethereum. The platform aims to provide a more transparent and fair betting experience by using blockchain technology. In 2020, there were 3.9 million sports betting transactions on blockchain platforms. By 2023, the expected market size of blockchain-based sports betting is $5.2 billion. Bethereum raised $6.51 million during its token sale in 2018.

GambleCoin (GMC)

GambleCoin (GMC) is a sports betting blockchain platform that uses smart contract technology to provide a secure and transparent gambling experience. With a total market capitalization of $5,604,936.73 USD and a current price of $0.048752 USD, GMC is gaining popularity as a reliable platform for sports bettors. In the last 24 hours, GMC has had a trading volume of $1,083.85 USD. GambleCoin aims to revolutionize the traditional betting industry by offering a decentralized platform that eliminates the need for intermediaries and provides faster, cheaper, and more secure transactions.