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Topic: [ANN] DEGENS.com - The Blockchain Sports Betting Exchange - page 2. (Read 1190 times)

jr. member
Activity: 148
Merit: 1
Why do I need to unlock Dai?
copper member
Activity: 146
Merit: 2
Who grades the bets?

Good question.

Currently the grading is centralized and conducted by the Degens team. We are working on a decentralized grading solution that we hope to release in the coming months.

Sports are a bit tricky as users tend to demand super fast grading times. For example, there is the 1PM NFL game which bettorr tend to want graded so that their funds are released before the 4PM NFL game.

Current decentralized solutions such as Augur with its REP token, takes 24+ hours which our users find unacceptable.

So we understand the desire for a decentralized solution and are working on figuring out the best solution.

Thanks for your question.
jr. member
Activity: 168
Merit: 2
Who grades the bets?
copper member
Activity: 146
Merit: 2
Do you have airdrop or bounty campaign?

No, Degens didn't do an ICO, so we don't have a coin. Also no bug bounty as Quantstamp has audited our smart contract.

Bets on Degens are made in DAI which is an ERC-20 token that tracks the US Dollar.

I am curious since you are  a decentralized sports betting platform, have you got sufficient customers since 2017?
We all know that a lot of players are more into bitcoin sports betting, but do you think you can survive in this business just by sticking with ETH/DAI?
One advantage that I'm seeing here is you don't require KYC as it is eth-based and you just need to login via your wallet.

Attracting customers is challenging for most dApps. Looks like we've had 73 unique users in the past month - https://dappradar.com/ethereum/gambling/degens

We need to stick to ETH/DAI as we are a non custodial sports betting exchange. Bitcoin does not support smart contracts.

Correct, there is no KYC needed. There is no need to login. You just connect via MetaMask 100% anonymously.
hero member
Activity: 2744
Merit: 588
Do you have airdrop or bounty campaign?

No, Degens didn't do an ICO, so we don't have a coin. Also no bug bounty as Quantstamp has audited our smart contract.

Bets on Degens are made in DAI which is an ERC-20 token that tracks the US Dollar.

I am curious since you are  a decentralized sports betting platform, have you got sufficient customers since 2017?
We all know that a lot of players are more into bitcoin sports betting, but do you think you can survive in this business just by sticking with ETH/DAI?
One advantage that I'm seeing here is you don't require KYC as it is eth-based and you just need to login via your wallet.
jr. member
Activity: 64
Merit: 1
 I really don't understand how this works.can you help me to know more?
copper member
Activity: 146
Merit: 2
Do you have any article I can read?

The following article is regarding a recent equity investment that Degens received - https://www.crowdfundinsider.com/2020/07/164634-draper-goren-holm-invests-in-degens-the-blockchain-betting-exchange/

Also there might be some good stuff here if you are a bit technical - https://medium.com/@Degens
jr. member
Activity: 73
Merit: 2
Do you have any article I can read?
copper member
Activity: 146
Merit: 2
Do you have airdrop or bounty campaign?

No, Degens didn't do an ICO, so we don't have a coin. Also no bug bounty as Quantstamp has audited our smart contract.

Bets on Degens are made in DAI which is an ERC-20 token that tracks the US Dollar.
copper member
Activity: 146
Merit: 2
It's not that unique. It's basically a blockchain version of Betfair/Matchbook which have been around for 10 years.

Main advantage of Degens is it is non custodial and requires no KYC.
jr. member
Activity: 56
Merit: 1
This comes with new concept of securing blockchain ecosystem that is very praise worthy.
newbie
Activity: 45
Merit: 0
Is there any referral program?
copper member
Activity: 146
Merit: 2
Can you tell me more about about degens?


What would you like to know?

https://medium.com/@Degens has some good stuff.
jr. member
Activity: 112
Merit: 1
I really liked degens.How can I know more about your project?
copper member
Activity: 146
Merit: 2
Hello team !
please tell me do you have any affiliate program at the moment ?

There is not an affiliate program. The reason for this is because Degens does no KYC whatsoever. So if there were an affiliate program, rational users would just refer themselves to save on fees Smiley

Traditional sportsbooks require KYC and can prevent this from happening to an extent.
newbie
Activity: 2
Merit: 0
Hello team !
please tell me do you have any affiliate program at the moment ?
newbie
Activity: 1
Merit: 0



It looks pretty nice. But for me personally the volume isn't high enough and lack of enough markets. If at some day there appears a crypto betting exchange with the quality and all features of Betfair than I switch emmidiatelly. I personally like trading on a betting exchange but with no decent volume it isn't possible to do some trading and then the betting exchange just works as a regular book and you gamble. the only difference is that it is peer to peer.
But Most people that want to use a betting exchange search for exchanges where they can trade the sports markets (scalp, swing trading,....) in play cashouts (very important for traders), ....

So I do appreciate your work and site after having a look at it but it does not require what a betting exchange needs for me personally. Cause you only give opportunity to bet peer 2 peer. this is one very important part of a betting exchange but seems lot of crypto betting exchanges entirely forget to implement the trading opportunities and all features that are necessary. And that's one of the main reasons most betting exchanges do not attract the mass.

But again, nice site, good job, but not sufficient for me




Yes, we agree that volume could be better and we are working on that.

Though for the Superbowl starting in a few minutes, we've done about $25,000 in volume on that event alone.


$25k is not bad but based from your website, you are here since 2017. you should have done much better than that. theres a lot of money in superbowl alone. but at least you are maintaining your site til now.
have you ran any promotional campaigns for your site? sometimes it would take only few marketing programs to be noticed by crypto enthusiasts who are into sportsbetting also

Here a lot will depend on the marketing company and what they are still ready to do for this !
I think the community should also understand this
copper member
Activity: 146
Merit: 2
hi! Is there an app or is it just a web service at the moment ?
There is no Degens app, but we have made the site mobile friendly. If using on mobile, you'll need to access the site through a dapp browser such as Metamask.
newbie
Activity: 2
Merit: 0
hi! Is there an app or is it just a web service at the moment ?
copper member
Activity: 146
Merit: 2
I have had a very good experience on the site, although I had not adapted to change from Bitcoin to ETH, I did it and I bet, the transactions are very fast, the truth is that the network is something that I admire, they have a good development, they have Thought about doing any signature campaign?

A signature campaign is a good idea. We'll look into that as we've just updated our AMM to make it a little prettier.
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