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Superbowl betting with Ethereum?

superbowl

Yesterday the USA citizens were all by their TVs’ screens, sport bars etc., watching the Superbowl and supporting their team. For sure, it couldn’t go without betting. This year all the crypto traders and enthusiasts had a chance to gamble via an Ethereum smart contract.

CryptoBowl is a project in its ICO. It’s 1200 lines of code on an Ethereum contract. It checks on WolframAlpha‘s API to see the Superbowl’s winner and make the payouts according to the results.

The distribution mechanism is also quite simple. People whose team wins will receive their bet back plus their opponents’ pot (minus 10% as a website fee). Users could participate up to 1 min before the game start.

This self-made and adjusted distibution is an interesting way for a platform like this and can even make a move forward in creating a new trend.

 

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blockchain, ICO, bitcoin, ethereum, mining

BLOCKCHAIN ICO RATING


Superbowl betting with Ethereum?

Published by blockchain, ICO, bitcoin, ethereum, mining