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
The bear market pretty much caused a massacre in smaller altcoins. Everything is down a lot with The Fun Token being the best performer only going -16.5% over the last month. The coming months might be a complete death sentence for some of the smallest project and it's hard to imagine that any at all will thrive. Eventually at some point there will be a new altcoin season with a lot of speculative money coming in which pumps all the prices and most likely some of the projects will end up having actual adoption.
Overall during these bear markets, there is always less news as teams.
I've been keeping an eye on SX Network and sportx.bet which had been rebranded to sx.bet as the SX Network now became the 1st layer two blockchain on the Polygon Network.
They have big incentives for players to bet as they are getting SX Governance tokens, this is the main reason why betting volumes continue to go up
While SX Network and the betting volume they have continues to intrigue me, right now as a bookmaker or exchange it's just not something I would ever use since the odds and liquidity are just plain bad. I'm still tempted to get some just in case I am totally wrong on it.
Wagerr also didn't escape the price drop and recorded its lowest volume since a while after being in a general increase. The problem when the price gets so low is that it gets impossible for validator nodes to recover the cost. It does feel like the price is getting really cheap and I started buying a tiny bit more to add to my bag.
| Month | Total Supply Change | Change | Total Bet | Volume $ |
|---|---|---|---|---|
| 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 WGR | 570M WGR | - |
| February 2021 | +7,682,182 WGR | -1,736,688 WGR | 602M WGR | 1.2M |
| March 2021 | +5,039,730 WGR | -2,642,452 WGR | 617M WGR | 1.4M |
| April 2021 | +6,980,895 WGR | +1,941,165 WGR | 643M WGR | 3.3M |
| May 2021 | +10,224,155 WGR | +3,243,260 WGR | 702M WGR | 3.0M |
| June 2021 | +16,215,873 WGR | +5,991,718 WGR | 723M WGR | 623k |
| July 2021 | +15,156,116 WGR | -1,059,757 WGR | 742M WGR | 655k |
| August 2021 | +13,723,944 WGR | -1,432,172 WGR | 764M WGR | 853k |
| September 2021 | +14,554,864 WGR | +830,920 WGR | 794M WGR | 1.1M |
| October 2021 | +16,322,123 WGR | +1,767,259 WGR | 833M WGR | 1.2M |
| November 2021 | +19,479,805 WGR | +3,157,682 WGR | 930M WGR | 1.9M |
| December 2021 | +18,522,241 WGR | -957,564 WGR | 1.037B WGR | 6.7M |
| January 2022 | +29,269,337 WGR | +10,747,096 WGR | 1,165B WGR | 2.9M |
| February 2022 | +31,819,476 WGR | +2,550,139 WGR | 1.217B WGR | 1.1M |
| March 2022 | +28,303,524 WGR | -3,515,952 WGR | 1.284B WGR | 1.6M |
| April 2022 | +37,689,941 WGR | +9,386,417 WGR | 1.351B WGR | 1.4M |
| May 2022 | +38,914,960 WGR | +1,225,019 WGR | 1.383B WGR | 462k |
It was another month where more coins were minted because of winning bettors but overall damage was limited.
Listed Projects (CoinMarketCap)
27/04/2021 --> 26/05/2022
| Rank | +/- | Project | Token | MCap | Price | 24h Vol |
|---|---|---|---|---|---|---|
| 159 | (+13) | Wink | WIN | 142M | 0.000142$ (-45%) | 74M |
| 272 | (+28) | Augur | REP | 96M | 8.76$ (-32.7%) | 33M |
| 275 | (+59) | FUNToken | FUN | 97M | 0.008838$ (-16.5%) | 4M |
| - | (-) | Betfury.io | BFG | 43M | 0.01596$ (-27.7%) | 308k |
| - | (-) | SX Network | SX | 26M | 0.2592$ (-21%) | 200k |
| 1120 | (+77) | Wagerr | WGR | 3M | 0.01406$ (-30.9%) | 200$ |
| xxx | (-) | Sportbet.one | SBET | 945k | 0.002363$ (-35%) | ??? |
| 1671 | (-119) | Vanilla Network | VNLA | 629k | 1.1$ (-60%) | 5k |
| 1657 | (-9) | Dexsport.io | DESU | 660k | 0.01653$ (-40.5%) | 45k |
| 2016 | (-56) | Scorum | SCR | 229k | 0.007839$ (-51%) | -k |
| 2055/a> | (+22) | Blitzpick | XBP | 194k | 0.000507$ (-41%) | 288$ |
| 2447 | (-365) | Decent.Bet | DBET | 46k | 0.001711$ (-86%) | 36$ |
| 4145 | (-69) | Betswap.gg | BSGG | 46M | 0.04221$ (-26%) | 81k |
| 6211 | (-228) | zensports | SPORTS | - | 0.00002917$ (-48%) | 2k |
| 9699 | (-2115) | Acedbets.io | ACED | 22k | 0.000025$ (-70%) | -$ |
| - | (-) | Bitbook Gambling | BXK | - | - | - |
| - | (-) | Degens | DEGENS | - | - | - |
| - | (-) | Peerplays | PPY | - | - | - |
| - | (-) | Bethereum | BETHER | - | - | - |
| - | (-) | Stox | STX | - | - | - |
| - | (-) | Defibet.pro | DBET | - | - | - |
| - | (-) | betswamp | BETS | - | - | - |
Unlisted Projects
| Project | Token | Type | Website |
|---|---|---|---|
| Fairlay | BTC | Exchange | Fairlay.com |
| Marginless | MRS | Betting Exchange | marginless.io |
| Fansunite | FAN | Sports Betting | fansunite.com |
| Mevu | MVU | Social Betting | mevu.bet |
| Gifcoin | GIF | ICO Book Profit Share | gifcoin.io |
Previous Monthly Reports On Blockchain Betting Projects
Full Guides to Decentralized Crypto Bookies I personally use where no KYC is required allowing anonymous betting from any location without individual limits for winning players...
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| Betfury.io |
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