Sports Betting Blockchain Projects | February 2020 Report

about 4 years ago

There are many Sports Betting Blockchain projects in development. I'm trying to stay up to date and make a roundup of the listings, price action and news updates on a monthly basis.

Market Overview

Not so much individual news this month, but more a general update on the market and how far we are at the moment. The altcoin market had somewhat of a bull run with Ethereum going up by +45% and not all of the betting coins went along but decent.bet (+161%) & Peerplays (+45.7%) did great. Most continue to lose ground though as the adoption simply isn't there just yet and none of the products can really compete with what is out there already for both serious players and gamblers. The only project that came close for me was betscorum but there has been literally no support from the devs whatsoever leaving it at a platform that technically works but with no users or activity whatsoever which is quite a sad thing.

Projects Slow Exit Strategy

Looking at the progress and development of many of the Sports Betting Related crypto projects, it often feels like some kind of slow exit strategy with very little development going on and some empty promises that never really go anywhere. With the interest and enthusiasm of the investors going down it makes for an easy legal way out saying 'sorry we tried but it didn't work out'. It is often hard to estimate what's going on exactly and as far as investing goes there is an extremely high risk involved. Many of the projects that were on the list of 'unlisted projects' that had a website online have also vanished. Some of them that were removed this month...

Dead Projects

Gamblica

This one even has a listing one Coinmarketcap and is trading on Tidex but the website is offline and there has been no social media activity since november 2019.

Myedge

I had a brief look at this 2 years ago (See Post) but their website by now seems to have gone offline...

PredictEV

They were going to be Steemit for predictions and did get to a test phase but seem to have vanished now before getting on ICO or launch. I did make a first impression post on it 2 years ago

Proof Of Toss

Another one I took a look at 2 years ago (See Post) which has vanished from the earth with the website going offline

Graz

Same deal, See Project Review from 2 years back where there seem to have been an ICO, now nowhere to be found...

Betrium

The whitepaper is still online but the website seems to be offline. Another project I had high suspicion on when I reviewed it back 2 years ago (Link) which seems to have turned out as another ICO Scam.

Xwin

Exactly the same scenario as the ones above. See Review Post

Let.bet

Quote from my review post " some basic research got me to a youtube video that calls the project out as a scam which could very much be the case."

Goal Bonanza

Again Quote from my Review post "If they are not a Scam, they very much do everything right to make it look that way."

Listed Projects (CoinMarketCap)

29/01/2020 --> 26/02/2019

Rank	+/-	Project	Token	MCap	Price	24h Vol
049	(-10)	Augur	REP	130M	11.85$ (-18.2%)	31M
160	(+21)	Gnosis	GNO	18.9M	17.1$ (+20.4%)	71k
161	(-16)	Wink	WIN	18.7M	0.000095$ (-6.86%)	4M
226	(-1)	Bitbook Gambling	BXK	48M	0.1303$ (-11.7%)	478k
441	(-118)	Wagerr	WGR	5.6M	0.0299$ (-5.05%)	16k
787	(+65)	Peerplays	PPY	1.62M	0.360$ (+45.7%)	209k
1009	(+224)	Decent.Bet	DBET	703k	0.003729$ (+161%)	313$
1137	(-41)	Stox	STX	443k	0.008367$ (+2.16%)	1M
1342	(+16)	Scorum	SCR	186k	0.006354$ (+18.4%)	22k
1418	(-181)	Bethereum	BETHER	133k	0.000241$ (-50.4%)	7k
1531	(-18)	Betterbetting	BETR	82k	0.000291$ (+0%)	840$

Listed Projects (EOS)

Rank	+/-	Project	Token	MCap	Price	24h Vol
023	(-1)	Sportbet.one	SBET	1.05M	0.00262$ (-17.3%)	170$

Unlisted Projects

Project	Token	Type	Website
Marginless	MRS	Betting Exchange	marginless.io
Zensports	SPORTS	P2P Betting	zensports.com
Blocksports	GAS	Betting Exchange	blocksports.com
Degens	ETH	Smart Contract Betting	degens.com
Fairlay	BTC	Exchange	Fairlay.com
Crypto Sportz	ETH	Smart Contract Betting	cryptosportz.com
Sportx.bet	DAI	Smart Contract Betting	app.sportx.bet
Fansunite	FAN	Sports Betting	fansunite.com"
Mevu	MVU	Social Betting	mevu.bet
Gifcoin	GIF	ICO Book Profit Share	gifcoin.io

Let me know if there is anything major I missed last month or if there are some more promising projects I have yet to take a look at. Thanks !

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9 comments

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about 4 years ago

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@fullcoverbetting 71

about 4 years ago

Guess you can also add Betscorum to the slow exit strategy. We all know that no new development will be made on Betscorum and the question is what happens when the license of the results expires. Probably at that moment the plug will be pulled from betscorum and maybe scorum in general.

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about 4 years ago

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@costanza 75

about 4 years ago

Yes, Scorum pretty much perfectly fits within the textbook of slow exit strategy. I would be surprised if betscorum will be still online a couple of years from now. It's will be sorry we tried but there was no interest in the product. Somewhere I'm still hoping that I'm wrong though.

Looking at the Whitepaper and what's there now...

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@fullcoverbetting 71

about 4 years ago

I do think that we did try harder than they did!
The actual product in the picture looks even nicer than the current situation of BetScorum :(

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Cheers,
Peter

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about 4 years ago

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about 4 years ago

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about 4 years ago

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about 4 years ago

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