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
This past month, everything has been about Bitcoin which mostly comes along with limited to no news from altcoins as they are better off bringing news while eyes are on the Altcoins during an alt season. There have been some bigger moves in some of the Sports Betting Related coins (Gnosis +38.56% | Stox +113% | Decent +84.4 | Blitzpredict +97% | Bethereum +252%) and the overall trend in the coins feel like it's up again regardless of any fundamentals and almost none of them actually have people using them. many of the smaller ones also have slim to no volume which makes it easy for them to pump in percentages. I wouldn't be surprised if many of these types of altcoins started outperforming BTC over the coming month after being crushed for years. The ones I am actually using right now are Wink.org / Sportbet.one / Wagerr who all have a working project.
From what it looks like, Wagerr has an updated website design which actually looks nice
The main issue remains the user experience which is just horrible for any regular user because it's a hassle to get WGR and betting requires downloading the chain which takes forever even when having logged it the day before. I just tested with the last time I logged in was 17 hours ago and it took exactly 14 minutes to sync being able to log in. I also continue to watch the supply as losing bets Burn the WGR while the winning bets mint WGR which leaves the platform quite vulnerable as there are winning players with deep pockets out there.
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!
Hive: https://hive.blog/@costanza
Publish0x: https://publish0x.com/costanza
Twitter: https://twitter.com/costanzabets
