BettingWin, in its most basic form, is a betting platform built on blockchain and smart contract technology. It allows users to bet or make markets for upcoming events, and win or loss the betting chips in the market based on the results. It has similar features with the existing online bookmakers, betting exchanges, and some blockchain prediction market projects. However, some features are fundamentally different. We will present the differences, and illustrate a decentralized and unstoppable betting platform in our vision. The platform aims to meet any country’s law requirement, provides equal opportunities for different generations of developers, and delivers fair interests for investors, market makers and players.
On our platform BettingWin, we propose a flexible smart contract system for different governing entities to use. The system shall provide adjustable parameter settings for governing bodies to adjust, for example:
Deposit Limit [wallet from IP addresses in a specific region]
Loss Limit [maximum loss allowance for one account]
Forbid | Partially allow | Allow access to betting platform
Different betting events for different language users
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