Block Sports

Block Sports

Created using Figma
Created using Figma
The Block Sports Exchange is a decentralized marketplace for users to bet against one another on the outcome of sporting events. Similar to the buy and sell mechanism of currency exchanges, users can bet for and against the outcome of an event. ‍ Utilizing the Neo blockchain, Block Sports enables secure cryptocurrency betting where escrow and processing are handled on-chain, giving users true control of their funds.
Jul 1, 2018
Sep 1, 2018
100% completed
$480 000
hard cap
cap
48% cap completed
Cap 1 000 000 USD
Hard cap 5 600 000 USD
past
Company Details
Registered Country
Macedonia (FYROM)
Additional Details
MVP/Prototype
Yes
KYC
Yes
Categories
Platform, Sports

About Block Sports

There has been a recent rise in cryptocurrency based betting services to meet the demand of a market that prefers its use over fiat currency. While popular, these escrow services follow an unfavorable trend of utilizing cryptocurrency in a centralized manner, creating counterparty risk that did not previously exist. This occurs as users entrust the ownership of their cryptocurrency to services which are susceptible to hacks and leave little recourse to victims of theft. We propose a sports betting exchange which solves this issue by means of decentralization, removing central points of failure to allow the use of cryptocurrency without counterparty risk. A sports betting exchange is a marketplace for the trade of sporting outcomes. Unlike a traditional sports betting platform, a sports betting exchange eliminates the need for a central bookkeeper and instead enables users to place bets against one another. This paper details Block Sports, a decentralized sports betting exchange that approaches the concept of a blockchain-native sports betting platform with two key objectives — creating a decentralized and trusted framework for sports betting and providing a rich user experience through an off-chain service layer. Utilizing the Neo blockchain, a solution is proposed which integrates a decentralized oracle consensus network with a series of smart contracts, allowing users to place bets on sporting outcomes with NeoGas (GAS). The result is a platform that solves the issue of counterparty risk while still remaining competitive with traditional sports betting exchanges.

Block Sports Roadmap

  • Q1 2018

  • Smart Contract Prototypes
  • Q2 2018

  • Functional Exchange Demo
  • Q3 2018

  • Token Sale & Hiring
  • Q1 2019

  • TestNet Beta & Oracles
  • Read More
  • Q2 2019

  • Exchange Beta
  • Q3 2019

  • Full Exchange Release

Activity

Followers:
97
VERY LOW
Tweets:
12
VERY LOW
30 Days Growth:
-1
Members:
188
VERY LOW
Investors Detected:
13.83%
30 Days Growth:
Alexa

Rank:
9 988 528
VERY LOW
Delta:
6 306 023
Year commits:
97
Watchers:
1
Stars:
2
Forks:
0
Open issues:
0

Team

Verified 20%

Attention. There is a risk that unverified members are not actually members of the team

Co-founder & Product & Marketing
verified
Co-founder & Development
unverified
Co-founder & Finance & Operations
unverified
Security & Infrastructure
unverified

Block Sports Interviews

Tsering Redmond
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Co-Founder & CEO

Last News

N/A
5.0 9
ICO Profile Vision Activity Potential Product Team
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