Points in Time
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That's all we got for #DecentBet
Overview of DecentBet
In a nutshell, Decent Bet is the first to verify sports betting on the blockchain where users can independently build a game, a prediction market or a casino and later share on the revenue on a quarterly basis.
Users are required to place bets on any active games that have been pushed into the Decent.bet contract by using DBET which is native to the platform. The houses which are found on the Decent.bet platform will provide betting lines and game outcomes.
The platform uses Scrypt and Proof-of-Stake (PoS) coins system as its consensus algorithm. PoS will enable its users to stake their coins on the platform and interested betting companies would in the future setup their own managed houses via the platform’s white labeled houses.
Additionally, users would make in-house purchases and receive profits based on the platform’s returns each quarter. Decent Bet has dedicated five percent of their profit to a quarterly lottery where a random shareholder would be selected and rewarded the lottery.