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SX Network

SX Network

SX Network is an organization founded by Jake Hannah.

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All edits by  Evgeniy Mandrygin 

Edits on 15 Feb, 2022
Evgeniy Mandrygin profile picture
Evgeniy Mandrygin
edited on 15 Feb, 2022
Edits made to:
Infobox (+1 properties)
Timeline (+1 events) (+3434 characters)
Article (+127 characters)
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SX Network

Article

SCALING POLYGON FOR NFTs

SX Network is Polygon's first layer two blockchain. Built to scale betting, DeFi, and NFT applications.

Infobox
Website
https://sx.technology/
Timeline

November 12, 2021

SX Network & Polygon Launch $1,500,000 Bet Mining 3.0 Campaign

Earn $MATIC and $SX just for betting on SportX!

Thanks to a $500,000 $MATIC liquidity mining grant by Polygon, SportX will now be offering the best bet mining incentive campaign ever. Period.

Starting November 15th, and for the next 12 weeks betters will earn:

$500,000 worth of $MATIC tokens

$1,000,000 worth of staked $SX

Every week, SX Network will be paying out users of the protocol $125,000 in rewards on top of regular bet winnings. Rewards will be paid out on Monday’s based on the previous 7 days betting volume.

How?

Go to SportX.bet

Connect your Metamask or create a Fortmatic email wallet

Make sure you’re connected to the Polygon Network

Bet on sports, esports, or crypto price markets using ETH or USDC on the polygon network

Thats it.

The SportX Betting Exchange

Note: We have implemented strict betting analysis tools to not count wash trading bets as eligible for Bet Mining 3.0 rewards. Any and all accounts deemed to be wash trading will not receive rewards.

What is SportX?

SportX is the #1 prediction market dapp by betting volume across all chains. All bets are peer-to-peer and settled on chain, since inception SportX has processed $76,000,000 in betting volume. Currently SportX is doing ~$4 million / week in bets, having grown over 2x in just the last month alone.

SportX is also one of the oldest apps on Polygon, having moved from Ethereum in October of 2020. Polygon’s superior scalability enabled SportX to offer an incredible user experience with extremely low gas fees.

SportX is taking its integration with Polygon to the next level in the upcoming weeks as it gets ready to launch SX Network — the first ever blockchain built using the new Polygon SDK! With the development, SX Network is helping cement Polygon as the dominate Layer 2 Ethereum scaling solution.

What is the $SX token?

The $SX token is the governance token of the entire SX Network ecosystem, of which SportX is the flagship protocol-owned dapp. The SX Network also consists of the SX Protocol primitives which power SportX, and SX Blockchain the first layer three blockchain and scaling solution on top of Polygon. For more details check out sx.technology.

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

Website | Twitter | Ecosystem Twitter | Developer Twitter | Studios Twitter | Telegram | Reddit | Discord | Instagram | Facebook | LinkedIn

About SX Network

SX Network will be the first public blockchain to combine a smart contract platform with an on-chain community treasury and a native prediction market protocol. SX Network is a stand-alone smart contract blockchain built on the Polygon SDK. It is designed from the ground up for blockchain application developers with EVM-compatibility, low-cost transactions, and a PoS-based consensus model.

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