Sports Betting Blockchain Projects | August 2022 Report

in LeoFinance2 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

I'm a bit late again but I want to keep doing these update posts on a monthly basis. The bear market is still ongoing with no end near in sight so all prices could go lower and I'm sure some projects will ultimately fail or give up. One already suffered this faith last week. One of the things I noticed while updating the numbers is a clear decrease in trading volume compared to last time.


Wink announced that they are closing their gambling site which came out of nowhere now leaving them to focus on the Winklink oracle and the GameFi stuff. I was invested in it myself and really enjoyed using their gambling site in a profitable way through Sports Bets and Poker (staying far away from the casino stuff). I also managed to get good dividends for over a year and managed to take good profit during the entire pump & dump stage.

So it's a sad thing and I still don't fully understand why and how they are able to just pull the plug. I have sold mt coins at a reasonable price and am pretty much moving on from both Wink and Tron altogether as nothing really is keeping me there now. I also removed Wink which was at the #1 spot from the list of Sports Betting related coins.

With all the football leagues and soon the NFL underway again, the overall volume of WGR betting has gone up again. From just 77k dollars to 136k dollars on a monthly basis which is still far away from the 6.7 million Dollars it once was in December 2021. I actually started using it again and it gave an overall good experience having no issue whatsoever with geo-restrictions. I do anticipate this volume to further increase also because development is still ongoing and they already 'survived' the previous bear market. I'm tempted to take another gamble at the WGR token which I believe trades really low right now with a total market cap of around 1.5 Million and a price below 0.01$.


MonthTotal Supply ChangeChangeTotal BetVolume $
July 2020+7,546,461 WGR---
August 2020+7,245,966 WGR-300,495 WGR--
October 2020+9,826,294 WGR+2,580,328 WGR--
November 2020+8,191,020 WGR-1,635,274 WGR--
December 2020+8,638,879 WGR+447,589 WGR--
January 2021+9,418,870 WGR+779,991 WGR570M WGR-
February 2021+7,682,182 WGR-1,736,688 WGR602M WGR1.2M
March 2021+5,039,730 WGR-2,642,452 WGR617M WGR1.4M
April 2021+6,980,895 WGR+1,941,165 WGR643M WGR3.3M
May 2021+10,224,155 WGR+3,243,260 WGR702M WGR3.0M
June 2021+16,215,873 WGR+5,991,718 WGR723M WGR623k
July 2021+15,156,116 WGR-1,059,757 WGR742M WGR655k
August 2021+13,723,944 WGR-1,432,172 WGR764M WGR853k
September 2021+14,554,864 WGR+830,920 WGR794M WGR1.1M
October 2021+16,322,123 WGR+1,767,259 WGR833M WGR1.2M
November 2021+19,479,805 WGR+3,157,682 WGR930M WGR1.9M
December 2021+18,522,241 WGR-957,564 WGR1.037B WGR6.7M
January 2022+29,269,337 WGR+10,747,096 WGR1,165B WGR2.9M
February 2022+31,819,476 WGR+2,550,139 WGR1.217B WGR1.1M
March 2022+28,303,524 WGR-3,515,952 WGR1.284B WGR1.6M
April 2022+37,689,941 WGR+9,386,417 WGR1.351B WGR1.4M
May 2022+38,914,960 WGR+1,225,019 WGR1.383B WGR462k
June 2022+38,514,659 WGR-400,301 WGR1.393B WGR123k
July 2022+38,819,256 WGR+304,597 WGR1.403B WGR77k
August 2022+39,234,305 WGR+415,049 WGR1.423B WGR136k

It looks like the Betswap Main Net Beta Launched, I am checking it out right now and might test it in the coming month. At first sight, it looks quite legit and I'm positively surprised, i however doubt that I will be able to get better odds than what I'm getting elsewhere.

I'm not sure how BSGG plays into all of it and the chart just looks extremely bad right now with a circulating supply if over 6 million.


Another new prject that caught my eye is Gambl.io. It very much gives off 2017 ICO vibes with no product yet asking for investments which I'm not sure anyone really is into right now. I have it on my radar and will keep an eye out for the day they actually release something.

Listed Projects (CoinMarketCap)

03/08/2021 --> 05/09/2022


Rank+/-ProjectTokenMCapPrice24h Vol
271(+10)FUNTokenFUN89M0.007834$ (-5.2%)1.4M
272(+2)AugurREP85M7.74$ (-4.9%)3.9M
-(-)Betfury.ioBFG55M0.01738$ (+8.4%)265k
-(-)SX NetworkSX17M0.1677$ (-14.9%)195k
xxx(-)Sportbet.oneSBET1.54M0.003854$ (+44%)???
1303(-5)WagerrWGR1.5M0.006811$ (-11.5%)138$
1461(+432)Dexsport.ioDESU945k0.00917$ (+124%)18k
1550(-113)Vanilla NetworkVNLA724k1.28$ (-34.7%)104$
2108(+111)ScorumSCR305k0.01043$ (+11%)-k
2219/a>(+16)BlitzpickXBP130k0.0003398$ (+35%)1.1k
2378(-29)Decent.BetDBET35k0.0001885$ (-35%)66$
3590(+610)Betswap.ggBSGG6.2M0.00417$ (-23%)41k
6548(-3037)OwlDAOOWL6.3M0.0268 (-20%)355$
5898(-13)zensportsSPORTS-0.00002975$ (+7.01%)1.4k
--Acedbets.ioACED---
-(-)Bitbook GamblingBXK---
-(-)DegensDEGENS---
-(-)PeerplaysPPY---
-(-)BethereumBETHER---
-(-)StoxSTX---
-(-)Defibet.proDBET---
-(-)betswampBETS---
ProjectTokenTypeWebsite
FairlayBTCExchangeFairlay.com
MarginlessMRSBetting Exchangemarginless.io
FansuniteFANSports Bettingfansunite.com
MevuMVUSocial Bettingmevu.bet
GifcoinGIFICO Book Profit Sharegifcoin.io

Previous Monthly Reports On Blockchain Betting Projects
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 !

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