Sports Betting Blockchain Projects | April 2020 Report

There are many Sports Betting Blockchain projects in development. I'm trying to stay up to date and make a roundup of the listings, price action and news updates on a monthly basis.

Market Overview

Green across the board this month despite the Corona Situation which should in theory cause issues for most projects that have a working product out. The trend of all coins moving up if the market moves up regardless fundamentals remains so far and only Bethereum managed to lose ground in the last 30 days (-30%)

Betterbetting

In last months report (Link) I wrote this:

The price back then was at 0.000164$ and it exploded last month to 0.0017$ to drop back down to ~0.0008$ good for a 400%+ increase. I did take some profit selling 20% of my bags on the way up but missed the top. There was no news whatsoever until today where they announced that they will be adding more casino-style gaming to be less reliant on Sports alone partnering up with Goldenrace and earnings (minus costs) will get Burned in BETR reducing the supply which increases the price in the process. The news announcement can be found here. Esports bets are also still available to bet on using EOS, ETH or BETR on Betr.bet

Scorum

Not much news from Scorum as Betscorum remains a ghost town. When it comes down to the blogging part of the platform, adds seem to have been added (I don't see them using an ad blocker) and the reward pool seems to have gotten reduced by 80%+ with a certain period has passed as stated in the white paper. I guess the reward pool from now on will be more based more on actual revenue. The price might go up because of reduced selling pressure, but it's a big question mark if there is going to be enough reward pool from ad revenue to keep the activity going.

Wink.org

I continue to actually enjoy Wink.org, at least the dividend earnings and Poker who are the 2 beatable things on the platform. They actually have a lot of active users and are earning a daily revenue of over 40k Dollar right now based on the Dividend calculations (If I did them right). They also continue to grow according to their MonthlyWink Report (See Article) seeing an increase of paid out TRX from 124 TRX to 240 TRX for 1 Million WIN Frozen.

Sportbet.one

Some bad news last month from Sportbet.one as they got hacked losing part of their funds in the process. No user funds were lost and they seem to have been able to not suffer all too much from it financially. The trading pair one Newdex was halted for a while but everything has resumed as normal by now with the team still offering both a buy and sell wall on the exchange. They did change their logo and also added USDT as an option to take bets with moving the project forward at a nice pace as usual. The Betting drought has put a lot of pressure on the dividends causing the price to drop a bit.

Degens

Bookies with a working platform are getting creative and Degens.com added politics to their events to bet on and still have around 38k betting turnover on esports the last 7 days.

Wagerr

Wagerr.com updated their Roadmap recently, they also continue to add more leagues and extended their partnership with Techpas to improve their UI/UX. Overall they continue to make good progress moving forward with their plans.

Listed Projects (CoinMarketCap)

28/03/2020 --> 29/04/2020

Rank	+/-	Project	Token	MCap	Price	24h Vol
050	(-7)	Augur	REP	120M	10.96$ (+3.78%)	34M
145	(+35)	Gnosis	GNO	21.2M	19.15$ (+96%)	65k
159	(-22)	Wink	WIN	17.3M	0.000088$ (+3.52%)	2M
233	(-2)	Bitbook Gambling	BXK	45.8M	0.1279$ (+15.5%)	355k
498	(-47)	Wagerr	WGR	4.4M	0.0199$ (+15.66%)	5k
865	(-1)	Peerplays	PPY	1.1M	0.2449$ (+36.8%)	104k
1176	(-41)	Stox	STX	335k	0.00567$ (+11.6%)	387k
1191	(+29)	Decent.Bet	DBET	317k	0.001679$ (+42.9%)	57$
1215	(+199)	Scorum	SCR	286k	0.003306$ (+296%)	52k
1269	(+313)	Betterbetting	BETR	233k	0.000819$ (+499%)	533$
1580	(-122)	Bethereum	BETHER	58k	0.000104$ (-30.66%)	7k

Listed Projects (EOS)

Rank	+/-	Project	Token	MCap	Price	24h Vol
039	(-2)	Sportbet.one	SBET	782k	0.001955$ (+43.47%)	936$

Unlisted Projects

Project	Token	Type	Website
Marginless	MRS	Betting Exchange	marginless.io
Zensports	SPORTS	P2P Betting	zensports.com
Blocksports	GAS	Betting Exchange	blocksports.com
Degens	ETH	Smart Contract Betting	degens.com
Fairlay	BTC	Exchange	Fairlay.com
Crypto Sportz	ETH	Smart Contract Betting	cryptosportz.com
Sportx.bet	DAI	Smart Contract Betting	app.sportx.bet
Fansunite	FAN	Sports Betting	fansunite.com"
Mevu	MVU	Social Betting	mevu.bet
Gifcoin	GIF	ICO Book Profit Share	gifcoin.io

Let me know if there is anything major I missed last month or if there are some more promising projects I have yet to take a look at. Thanks !

Posted Using LeoFinance