ZenSports is a peer-to-peer sports betting marketplace where anyone can create and accept sports bets with anyone else in the world, without the need for a centralized bookmaker.
ZenSports is eliminating bookmakers by using a completely decentralized approach to sports betting. ZenSports does not get involved in the making of bets, settling bet results, or handling disputes. Makers can create ANY type of sports bet that they want, with the ability to self-report betting results.
ZenSports Takers can accept any bets offered by makers, as well as dispute results that they don’t agree with. Disputes are resolved by a voting marketplace, with penalties being assessed to the Maker or Taker if they’re on the losing end of a dispute.
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
Create your own bets on your terms that others accept. Anyone can “become a bookmaker” without having to obtain a gaming license.
Decentralized platform with smart contracts built on ICON’s protocol for a trust-less system that lets the marketplace settle bet results and disputes.
Full token economy using our SPORT token that streamlines account funding, bets, payments, penalties, and rewards.
Betting fees are redistributed to the marketplace based on SPORT token ownership percentage. Earn passive income on a monthly basis while you hold token!
How does ZenSports work
- Anyone can create any kind of sports bet that they want with their own odds, payout, and wager amount. Those bet creators are called Makers.
- Anyone that accepts a Maker’s bet is called a Taker. Takers can accept the entire bet from a Maker or just part of a bet if they want to wager less than what the Maker is offering.
- When the bet is over, the Maker submits the results of the bet outcome. To prevent a Maker from submitting false results, Makers have an escrow fee equivalent to 10% of their bet set aside in case of a dispute by the Taker.
- If the Taker disputes the Maker’s submitted results, they have an escrow fee equivalent to 5% of their bet aside (to prevent the Taker from submitting false disputes).
- If a dispute is submitted, it goes to the marketplace for a vote. The marketplace is incentivized to vote correctly because they will receive half of the losing party’s escrow amount if they vote along with the majority of voters. The prevailing party in the dispute receives a refund of their full escrow fee, along with half of the losing party’s escrow fee. All bet winnings are paid out accordingly.
Most cryptocurrency and blockchain projects only have a napkin idea for what they want their product to be. ZenSports actually has a bonafide iOS and Android app that you can download today to begin using (current version uses fiat – crypto and smart contract version coming soon).
Please note that our betting platform is only available outside the United States, Canada, and Europe while we work on licenses in those jurisdictions.
Accept any kind of sports bet imaginable from others in the world.
Makers submit results; takers can submit disputes; marketplace can vote on disputes
Manage funds and transactions all in one place
Earn Passive Income
Mark Thomas Co-Founder & CEO
Etan Mizrahi-Shalom Co-Founder & CTO
Adil Sher Chief iOS Engineer
So Choi Frontend Engineer
Also Read – Click Here for Read All ICO Review
Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in an online program with money you aren’t prepared to lose. Make sure to research the website. So Please take care of your investments. and be on the safe site and avoid Much Lossing Online.