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Sports are a passion universally loved. If your interests are in watching or playing, almost everyone finds a sport to which they have taken taste. Whether you prefer to participate in football or the Rocket League, sport is a primary source of entertainment that unites us as people and involves groups from all sides in a friendly competition.
And like other pastimes, many find pleasure in placing bets while rooting for their favorite teams and players. A good bet can increase the excitement associated with a match and give the participants an even greater incentive to jump and shout in support of their players.
But let's face it: sports betting does not want it to be, and it's not what it could be. Online bets are often associated with jumping through a series of circles and can sometimes end up with money deposited on a site that does not have the means or desire to honor its payments. Even if you end up on an otherwise legitimate site, you are only involved in a specific set of bets and you are always at a loss compared to the rake that the site maintains on every pair of bets.
Of course, you can go on the old way and bet casually with your friends. This can also cause problems, if you like to roam the city, it is likely that none of your friends is willing to take the other half of your bet. In the same way of shady sites, you could end up winning against a friend who seems to "forget" to pay you every time you see them.
Enter Blockchain
Fortunately, smart contracts based on blockchain technology can completely redesign the way sports betting takes place. Rather than rely on an intermediary, bettors can interact directly with each other without much confidence through the help of these contracts. This betting system remains completely transparent and there is no possibility of cheating or other fraudulent behavior.
ZenSports is applying these contracts to their mobile betting applications. Built on the ICON blockchain, this project will offer an extremely scalable ecosystem in which users can place and take any type of bet, on any imaginable sport, anywhere in the world. The activity on the platform will take place through its own SPORT token. Rather than the betting fees collected by an intermediary, these fees will be redistributed directly to SPORTS holders.
The sale of public tokens begins on December 1st and will last until January 5th next year. The sale is divided into four lots of SPORT with rising prices. Initially, SPORT will be sold in public sale at the price of US $ 0.0024 of ICX. By the end of the sale, that number will be increased significantly to $ 0.006.
The intelligent features of the contract for the project are scheduled for release in the first quarter of next year. As such, ZenSports is a pioneer in the application of smart contracts to sports betting. To stay updated on the development and sale of tokens, take a look at the project Telegram and follow them up chirping!
This is a sponsored press release and does not necessarily reflect the opinions or opinions of any NullTX employee. This is not an investment, trading or gaming advice. Always conduct your independent research.
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