2016, in November, Round goes live. Group of Chinese cryptocurrency developers made a platform where people can bet on there favorite games whenever they want. Imagine that every time you want to play League of Legends you can bet on your matches . All what two competitors have to do is to put some round tokens in the escrow (smart contract) and the winner will take all tokens. You can change your tokens later at exchange and take money. Liqui is currently the only exchange that support Round, but, in the future, if Bittrex and Poloniex accept it at there exchanges the market would rise and the price.
Round coin has already released there beta version of platform and 1000 gamers has already test it and it works great.
The innovative thing is that there is so called "oracle" that is completely decentralized. Oracle decides automatically who is the winner and send round tokens to Ethereum wallet. Round token is built on top of Ethereum blockchain and 1,000,000,000 TOKEN is the maximum supply that will ever exist. This coin has great potential because gaming industry is really large it . Also if you are not gamer you can bet at outcomes of games such as Counter Strike, League of Legends and a lot of others.
So this is decentralized betting platform but made for betting at outcomes of "rounds" of computer games.
Team behind platform is great because they organize tournaments where gamers can earn big prizes if they are good in Counter Strike. Also they rewards people who try their platform:
This platform will release its Alpha version at July 17 so i think we will see some big investors at the beginning of July. One thing is sure this is something that can forever change the traditional betting!
