Sport Betting Blockchain | January 2019 Price Movements & News Updates
There are many Sports Betting Blockchain projects in development. To keep track of what is going on in the space I try to make a monthly roundup of the listings, price action and news updates.
News Overview
The bear market pretty much continues to dictate the crypto prices but most projects continue to build and there is enough to write about this month. I set out to take a closer look into Augur last month but I simply lack the time right now to do so. I will try to find time to do so next month.
Blitzpredict
This is one of the projects I liked since the start since they potentially offer a solution to a problem. They allow to verify betting records on the Ethereum blockchain and plan to offer a sportsbook aggregator where you can directly take the best price from bookmakers or crypto projects that offer betting. I started using their prediction platform but only submitted 2 bets so far. Something I instantly noticed was that Matchbook was one of the books they offer and the best price came from there which had very low liquidity. It also standard seems to use 1 unit stakes to risk on 2.0+ odds and 1 unit to win on lower odds. They also near the launch of the BlitzPredict Exchange, built on top of Ethereum, Augur, and 0x.
| Verify Odds | Blitzpredict Exchange |
|---|---|
 |  |
Here is the announcement e-mail reproduced...
Wagerr
Wagerr pretty much continues at a very slow pace without much news from their Developers. They do have odds on the Superbowl online and I'm quite sure a lot of WGR will be bet on this game more than anything showing the potential demand for a solid crypto Sports Betting platform. I still think their entire model is somewhat broken and from what it looks like, there is 1 whale who is taking advantage of them not adjusting their prices quickly enough. Despite the crazy high 6% fee they charge on the odds the offer they are down over 1 million SCR after 54 million has been bet. This pretty much completely goes against their vision to have coins burned making the supply ever smaller.
Bookie Pro (Peerplays)
In their latest update they will be shutting down the bookie.fun test project and move over to the peerplays mainnet. once this is complete users are still going to have to play with fun tokes that are worthless as a way to test everything out. The team will also be attending the ICE London Conference.
Blocksports
Blocksports is a platform @z3ll made me aware of in the comment of the December Listings Overview (Big Thanks !). I had a quick look at it and they aim to bring betting to the NEO platform with GAS as the main currency to bet with. I like the name they came up with, but I don't see the platform itself bringing any solutions to problems since they are going to charge 2% fees. The full whitepaper on this project can be found here
Gamblica
This was one of the projects I once reviewed 8 months ago (See Post) and I see it got listed on Coinmarketcap. It is similar to Decent.bet as they mostly focus on casino games and aim to offer sports betting one day. I don't expect it will become something that ever fits my personal needs when it comes down to sports betting, but I will likely continue to track it in these monthly roundups.Scorum
I'm still very much loving the betscorum betting exchange and believe it is something many real sports bettors could adopt over time. I have mentioned many of these previous posts how Scorum offers a solution to a major problem right now when it comes down to existing bookmakers. It's not so much the decentralization but more than anything the ability to bet without commission which makes a world of difference. The team has done an amazing job on making an awesome user-friendly product, marketing however has not worked and this seems to be the major weakness of the platform so far. I do plan to make a long post on my view on the platform with some things that I believe can possilbly be improved or implementen in order to increase the chance of it really taking off.
Listed Projects (CoinMarketCap)
31/01/2019
| Rank | +/- | Project | Token | MCap | Price | 24h Vol |
|---|---|---|---|---|---|---|
| 038 | (+18) | Augur | REP | 129M | 11.72$ (+57%) | 8M |
| 178 | (+34) | Gnosis | GNO | 13M | 11.76$ (-7.7%) | 31k |
| 200 | (+1) | Wagerr | WGR | 11.3M | 0.063$ (-14.8%) | 7k |
| 313 | (+138) | Decent.Bet | DBET | 6M | 0.036$ (+64.8%) | 5k |
| 460 | (+5) | Peerplays | PPY | 3.1M | 0.699$ (-8.6%) | 158k |
| 589 | (-124) | Scorum | SCR | 1.6M | 0.0546$ (-53%) | 16k |
| 749 | (-241) | Stox | STX | 777k | 0.0149$ (+1.7%) | 56k |
| 836 | (+94) | Betterbetting | BETR | 536k | 0.0029$ (+4.24%) | 22k |
| 853 | (+70) | Bethereum | BETHER | 477k | 0.0015$ (-19.8%) | 24k |
| 912 | (+146) | Blitzpredict | XBP | 314k | 0.00085$ (+27%) | 26k |
| - | (New) | Gamblica | GMBC | ?k | 0.00071$ (-%) | 2k |
Unlisted Projects
| Project | Token | Type | Website |
|---|---|---|---|
| Myedge | MET | Odds Compare Engine | myedge.io |
| PredictEV | PEV | Steem for Predictions | predictev.com |
| Blocksports | GAS | Betting Exchange | blocksports.com |
| Sportcrypt | - | Smart Contract Betting | sportcrypt.com |
| Fansunite | FAN | Sports Betting | fansunite.io" |
| Proof Of Toss | POS | Sports Betting Platform | toss.pro |
| Marginless | MRS | Sports Betting Exchange | marginless.io" |
| Graz | GRZ | Sports Betting Exchange | graz-ico.com" |
| Betrium | BTRM | Sports Betting | betrium.co" |
| Xwin Cryptobet | XWIN | Sports Betting & Casino | xwin.io |
| Crypto Sportz | - | Smart Contract Betting | cryptosportz.com |
| Mevu | MVU | Social Betting | mevu.bet |
| Gifcoin | GIF | ICO Book Profit Share | gifcoin.io |
| Let.Bet | LBT | Betting, Poker & Casino | let.bet |
| Goal Bonanza | GOAL | Correct Score Lottery | goalbonanza.com |
Previous Months
Sport Betting Blockchain | December 2018 News & Price Movements
Sport Betting Blockchain | November 2018 News & Price Movements
Sport Betting Blockchain | October 2018 News & Price Movements
Sports Betting Blockchain | September 2018 News & Price Movements
Sports Betting Blockchain | August 2018 News & Price Movements
Sports Betting Blockchain | June 2018 News & Price Movements
Sports Betting Blockchain | May 2018 News & Price Movements
Sports Betting Blockchain | April 2018 News & Price Movements