Dublup: The betting platform on HIVE!

in LeoFinance3 years ago

If you have not read anything about it yet, I present to you https://dublup.io/, a Prediction Market Platform created by @nealmcspadden, in which you can bet on some events of any theme. The token to place your bet is PAL, created by the tribe on Hive PALnet, easily purchased on the exchanges https://leodex.io/market/PAL or https://hive-engine.com/?p=market&t=PAL.
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The site is aesthetically very simple and intuitive and by landing on the platform you already have an idea of which are the most popular bets at the moment. Access is very agile: just enter your Hive username and choose the connection mode with HiveChain or SmartBlock

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On the top bar you have several options. By clicking on Create you can create your Market using a predefined template to avoid causing errors or if you are an expert you can create a custom one.

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Currently you can choose between the following categories:

- Trading
- Economics
- Entertainment
- Politics
- Sports

Other categories will most likely be integrated in the future.

The Dashboard currently shows your PAL in stake and the notice, if in possession of 1000 PAL, that anyone can become an Oracle
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In the Messages section there is a chat to communicate with friends or with the team for any information

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And finally, by clicking on your username, you can check the history of transactions and my Markets. At the moment I have not opened any markets yet.

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Placing the bet is very simple. After choosing the desired market, you have to select the "Outcome" drop-down menu and select YES or NO. At the moment the market consists of a question and two answers, precisely YES and NO. In this case the market is: Will the price of BTC-USD open at or above 50000 on July 01, 2021, according to TradingView.com "BTCUSD (crypto - Coinbase)"? Based on your calculations or instincts, choose the answer.

At the end of the event, the PAL harvest pool will be divided like this: 95% of the PAL in the market is distributed to the stock-based winners, 4% of the PAL market is split between the oracles and 1% of the PAL market goes to the creator of the market.

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Well, now you can bet your stake: each share is equivalent to 10 liquid PALs of your account, the maximum number of shares depends on your PAL (I don't know if there is a limit set at the moment). Finally click on Buy Share and that's it!

Good luck!

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This is too cool, I’m gonna have to put my expert level sports knowledge and analytical skills to the test. 😎💰

I completely missed this I'll have to check it out later when I get home.

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very interesting this betting platform

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Thank you for the information. Good information!

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more use cases for hive.. way to go #hive

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Time to go on your Hive Tour

10,000 PALs

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Thanks for informing me about this. I'm especially interested in prediction markets.

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Welcome on board 😜