Sports Betting Blockchain Projects | August 2020 Report

in LeoFinance4 years ago

I try to stay up to date with all the latest news and developments from Blockchain Projects that offer Sports Betting making a report each month with my personal experience and insights on how this space is evolving.

Market Overview

One of the remarkable things in crypto as of late is that there are a lot of new projects popping up that weren't around in 2017. When it comes down to Sports Betting related blockchain projects, I haven't come across any new ones though and it feels like things are stuck with what we have now.

Especially the smaller coins who haven't seen all that much development have been suffering this last month. (SCR -31% | DBET -38% | PPY -18% | STX -21% | BETHER -24%)


Augur

The launch of Augur v2.0 wasn't exactly a success with users having to pay big gas fees on the Ethereum blockchain just to activate their accounts. This was one of those many cases where you buy the token in anticipation for some release dumping it when it arrives. It looks like they did something of an Augur v2 Redo Release that fixes some of the issues but I honestly lost interest and will take another looks at it when their betting User Interface is released.

Betterbetting

From what It looks like, BETR got delisted from HitBTC because they had too low volume. It is however still available on Bancor

Despite the delisting, I am holding on to the BETR I'm having in hope for things to improve once Ethereum scales which is one of the things right now that is really making things impossible. The marketcap is only around 267k and it's all high-risk, high-reward

Wagerr

One of the main things I'm looking at on Wagerr is how many WGR got minted or burned and I'll be keeping track of this number from now on out. The main issue remains that the platform is just not user friendly to new bettors even those who are already in crypto. Having to download the chain which takes quite some time even when not having logged in will just never work if they want to get some adoption. I'm also not sure if there are any plans for a wallet that doesn't require it at all.

MonthTotal SupplyChange
July 2020+7,546,461 WGR-
August 2020+7,245,966 WGR-300,495 WGR

These numbers can be found on the Wagerr Explorer ideally they would be in the minus meaning there are fewer coins making the price go up.

Wink.org
Wink.org seems to have started an advertisement campaign, they are integrated with Poloniex, their Live token is now listed (currently trading for 0.68 TRX) and their new user interface has become the main page when browsing to Wink.org. The price had quite the pump but came back down again. Overall, I am quite pleased with the WIN I am holding collecting some dividends each day.

Sportbet.one

Sportbet.one is now listed on Coinmarketcap even though it currently is still in the Untracked Listings. From all the projects they are by far one of the most user-friendly and the number of users has been going up (slowly but steadily)

For more details on both WIN and SBET Dividends, check my Weekly Report.

Blitzpredict

The Blitzpredict site is set to (re-)launch in September and I will be keeping my eye out for it as it seems to be the only blockchain project around Sports betting tipster and record keeping.

Listed Projects (CoinMarketCap)


29/07/2020 --> 27/08/2020

Rank+/-ProjectTokenMCapPrice24h Vol
059(-9)AugurREP254M23.11$ (+12.13%)21M
173 (-12)GnosisGNO43.3M39.24$ (+29.12%)287k
268(-76)WinkWIN33M0.000105$ (+32.9%)1.5M
271(-30)Bitbook GamblingBXK32.6M0.0913$ (-34.2%)187k
558(+30)WagerrWGR8M0.0418$ (+40.6%)4.2k
909(-128)PeerplaysPPY2.1M0.474$ (-18%)54k
xxx(-)Sportbet.oneSBET1.9M0.0047$ (-11.77%)361$
1336(-146)StoxSTX417k0.008219$ (-20.87%)18k
1372(-211)Decent.BetDBET360k0.001906$ (-38%)3.9k
1437(-75)BetterbettingBETR267k0.000936$ (-7.3%)0$
1470(-108)ScorumSCR231k0.007918$ (-31%)3.6k
1521(-79)BlitzpredictXBP183k0.000485$ (-3.4%)120$
1597(-123)BethereumBETHER128k0.000228$ (-24.3%)9.5k

Unlisted Projects

ProjectTokenTypeWebsite
DegensETHSmart Contract Bettingdegens.com
Sportx.betDAISmart Contract Bettingsportx.bet
FairlayBTCExchangeFairlay.com
Crypto SportzETHSmart Contract Bettingcryptosportz.com
MarginlessMRSBetting Exchangemarginless.io
ZensportsSPORTSP2P Bettingzensports.com
FansuniteFANSports Bettingfansunite.com"
MevuMVUSocial Bettingmevu.bet
GifcoinGIFICO Book Profit Sharegifcoin.io

Previous Monthly Reports On Blockchain Betting Projects


That's about it for this month. 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

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I'm surprised! there are so many. I only knew Augur.

I would be interested in knowing more about WINK. Do you use some WINK Dapp?

Wink.org is basically just a gambling website that has a coin which allows people to be part of the house and collect part of the earnings. The crypto part is just a convenient way to make it happen while in reality, it's all very centralized. I have been making weekly reports for a while keeping track of the Dividends and what has been going on with them (See here)