STOCKS.BET is the ultimate combination of betting, blockchain technology, cryptocurrencies and stocks. It is an Ethereum Smart Contract based DApp for betting on the price of listed stocks (like Apple, Microsoft and other) and win from everyone who bets against you. STOCKS.BET is an interesting tool for all traders who like to bet on the price movement of Stocks. Users bet with ETH on one of the listed stocks to have the highest gain in first minute of trade. All bets are placed in the blockchain, allowing users to see the total number of bets, the total bet amount for each stock, and the Payoff odds deriving from them. This allows users who follow the crowd to pick a winner easily. However, the Payoff-odds can also be used to bet on an underdog for very large wins. Compared to mainstream betting sites and centralized exchanges, STOCKS.BET holds many advantages as it does not require users to signup and deposit funds to an entity.
As the development is open source and the funds are secured by the Ethereum Smart contracts, STOCKS.BET enables a completely trustless peer-to-peer betting environment. The prices are pulled from AlphaVantage.co API using Oraclize and it is done in a way to avoid manipulation. With a user-friendly interface, STOCKS.BET is a groundbreaking platform and has the potential to attract a large set of the trading population in the crypto and stock exchange market.
This product unites the crypto and stock exchange market.
The platform’s tokens named STBT. They are issued to the crowdsale contributors. STBT token holders will earn all of the profits generated by STOCKS.BET directly in the form of ETH. STOCKS.BET profits are generated from the takeout, a small cut taken from the betting pool of all stock's rallies before paying out the winner. The current takeout rate is 5% which is minimal compared to the usual 15%-25% in standard betting.
At the end of each quarter, a smart contract will issue the dividends based on the proportion of STBT tokens held by a wallet during a particular time period. For example, a wallet holding 10% of the total STBT token supply will receive 10% of all the profits generated by STOCKS.BET. As the bets are always placed between the users and bankroll does not pay the winners, STOCKS.BET bankroll balance will always remain positive. As the platform gains popularity, STOCKS.BET will allow users to bet using STBT tokens which can unlock advanced features and enjoy a smaller takeout. STBT holders will be able to vote on takeout rate, game rules, and features.
Stocks.Bet is application based on the deployed open source Ethereum smart contract for betting on the price of NASDAQ listed stocks. This contract control the funds, calculate a stocks and prepare reward for the winning users to collect.
December 2017
February 2018
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q4 2018
Q3 2018 Contracts with more stocks and bet types
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.