This week we had a chance to once again witness how close the blockchain technology and everyday life events, such as major sports games, grew connected together. As the final game of The FIFA World Cup 2022 was getting closer, thousands of people who wanted to wager on the outcome of one of the most important sports events of 2022, chose to use a new technology, rather than classic bookmakers, resulting in an unprecedented growth in attendance of Dexsport – the first decentralized crypto betting platform in the world, that provides its users an opportunity to place bets on various sports using multiple cryptocurrencies from Etherum to DESU tokens, and playing against a shared liquidity pool, by simply connecting a Web3 wallet to the platform. Such a huge growth of audience can easily be explained by the fact that this year The FIFA World Cup 2022 is held in Qatar, where any gambling activity is strictly prohibited, attracting the attention of millions of people but not giving an opportunity to place a bet to those who are interested in wagering on sports. However, when it comes to such a major sports event as a World Cup Finale, restrictions can’t stop avid fans and bettors who make their living out of wagering, and even those who are new to the betting business. And that’s when Dexsport comes to help. Being the blockchain driven Web3 platform, it provides its users full anonymity and privacy, transparent bets and security without any regional limitations applied by traditional betting exchange platforms. The platform has a user-friendly interface and can be used by anybody who has a crypto wallet and is at least the age of 18. Not having a Web3 wallet prior to creating an account is not going to be a problem, since the platform suggests such users several options, including MetaMask, TrustWallet, BitKeep and 1inch Wallet, and will guide a user through the registration. The registration process makes it incredibly easy to start placing bets and consists of just two simple steps that do not require providing any personal information, such as identity documents, tax documents and a bank account. This truly innovative platform has an obvious advantage on centralised sportsbooks. Taking a peek into the future, with such events as ongoing NBA regular season, and upcoming MLB season the amount of the said platform’s users is undoubtedly going to keep growing exponentially, changing the world of sports betting.
