DAAP betting exchange launches in beta
Betswap.GG unveils beta version of site based on Polygon network
A new sports betting platform claiming be the world’s first and only fully decentralised betting exchange has launched its beta version.
Betswap.GG operates as a decentralised application, or DAAP, through which users can connect their cryptocurrency wallets in order to play.
The platform uses the Polygon Mainnet network to facilitate transactions, with users adding MATIC tokens (the Polygon cryptocurrency) to wallets.
Bets will be placed in stablecoins such as Tether, so that stakes and returns don’t fluctuate between the bet being placed and settled.
The platform operates as a betting exchange, with plans to launch DFS, peer-to-peer games and tournaments in the future.
Commenting on the launch, Betswap.GG said: “The beta launch is a major milestone for us, however, it is still only the beginning. The future that we are building is bright, as more and more customers are focused on the key advantages of betting exchanges with better odds, transparency and the accessibility from anywhere on the planet.
“Being able to circumvent middlemen and brokers by using smart contracts, every person will experience more freedom, more liberty, more opportunities and more choices than ever before.”