Introducing KEKW, a groundbreaking project with a distinctive focus on real-world utility and innovation. At the forefront of their developments is the launch of the first decentralized prediction market for the L2 Arbitrum chain, KEKW.bet. This platform, akin to Polymarket but with a decentralized ethos, eliminates the need for sign-ups and KYC procedures, offering a fully decentralized experience to users.
Creators are given the ability to design and launch virtually any market they envision, with a unique incentive structure where 2% of all wagered bets are returned to the creator. KEKW stands poised to revolutionize the landscape of prediction markets with its decentralized approach and robust feature set.
Website: https://kekw.bet/
Creators are given the ability to design and launch virtually any market they envision, with a unique incentive structure where 2% of all wagered bets are returned to the creator. KEKW stands poised to revolutionize the landscape of prediction markets with its decentralized approach and robust feature set.
Website: https://kekw.bet/
Welcome to the Bitcointalk forum!
How exactly are bets settled? Is there a centralized center of control? I see that "KEKW" has extremely low liquidity, so my concern is that the platform will not work as intended without the needed liquidity for your native coin, which is basically required? Or is KEKW only needed if you wish to earn the 2% of all wagered bets?
It seems really confusing and there is no documentation which explains how it all works.
So, in a nutshell, I cannot say that this is going to appear as a trustworthy betting platform to people due to the lack of information on how exactly everything works, in the technical sense. Especially when it comes to your native currency, KEKW.
