Dexsport - Wiki

Contents

Dexsport is the first to develop a decentralized betting platform, where users will play with a shared pool of liquidity and receive their winnings through the blockchain. The decentralized platform format has been carefully designed and selected due to the need for transparency of procedures and the growing popularity of DAO and DeFi.

Today, the betting platforms market is occupied by monopolists - big players, who control the odds on various events. It complicates the situation not only for the owners of smaller platforms but also for players themselves: even if they win fairly, they will find it difficult to get their money due to constant identification procedures and stricter payouts.

In order to change the situation, authors of the Dexsport project developed decentralized betting platform, in which users will play with a shared pool of liquidity and receive winnings via blockchain. This platform includes sports betting, play to earn betting, prediction marketplace, P2P betting on exchange rates, and NFT art collecting.

The decentralized platform format was chosen due to the transparency of procedures and the increasing popularity of DAO. DeFi provides unique opportunities for players in the gambling space. Has a decentralized protocol, betting will need no bookmaker for a bet to be placed.The market for DeFi projects is becoming increasingly solid, vast and saturated, and Dexsport will obviously enhance its growth and development and be entitled as a brand new decentralized betting platform, where every user will be able to observe in person all the processes previously hidden from him and receive his winnings honestly.

Mission & Objectives

The current version of Dexsport is an enormous work of many people. The Core Team analyzed the market, collected data, surveyed users, built comfortable user paths, and shaped the design and tone of voice of the project.

Dexsport meets the needs of the present - the demand for high quality projects whose processes are transparent to everyone. Decentralized platforms aim to improve existing financial system and a lot of other institutions and processes in our everyday life.

Betting dApps, unlike their centralized counterparts, run on decentralized blockchain networks and are designed to function without the use of a third-party middleman. Instead, they use self-executing smart contracts that are hard-coded to automate platform functions. This dynamic has significant implications for the future of online gambling, including improved user experience and verifiable fairness.

Dexsport's mission is to create a brand new truly decentralized betting platform with a liquidity pool, where each participant can connect via Web3 and contribute their own liquidity to the pool. Main objective of that platform is to improve its users' lives by means of popularisation of decentralized systems, elimination of intermediaries in the process of betting activity, provision of the opportunity to give user's liquidity to the pool and making the betting market more open and decentralized.

The Dexsport business model offers a rare opportunity for users: no full-fledged counterparts can be found on the market. However, we consider some other blockchain-based projects as competitors — Augur and Stox, for example, as well as some traditional bookmakers. The comparison chart below will show you a significant advantage of Dexsport over its competitors.

$DESU token

$DESU token is the native token of the Dexsport blockchain protocol built to ensure accurate validation of betting odds, as well as providing transparent mathematical models for betting platforms and providers. $DESU token is already available on PancakeSwap and KangaExchange.

— Smart contract: 0x32f1518BaAcE69e85b9E5fF844eBd617c52573ac

— Total Supply: 1 000 000 000