What is Dexsport?
Dexsport (DESU) is a DeFi betting platform built on the Binance Smart Chain (BSC) network. The platform aims to offer a shared liquidity pool for users to easily bet on sports, financial market predictions, peer-to-peer betting on crypto rates, and NFT collecting. The DESU platform seeks to change users' perspectives towards betting, by providing a decentralized platform format that leads to transparency and increasing popularity among decentralized autonomous organizations (DAO).
The platform's whitepaper notes that existing betting platforms face common issues like hacking, blocking of funds, lack of user control on funds, transaction time, and many others. Thus, Dexsport seeks to resolve these problems by choosing a decentralized platform format that offers transparency and security to users.
DESU is the native token for the Dexsport blockchain protocol. The token helps the platform ensure accurate betting odds validation, providing transparent mathematical models for gaming platforms and providers. The token offers various features, including play rewards, premium access, lotteries, community rewards, and donations.
Users can earn play rewards in DESU, which serves as the cashback currency depending on the monthly betting volume of each user. DESU holders can participate in developing the ecosystem through voting and accessing premium features. Additionally, 0.5% of the liquidity pool is distributed through lotteries, and users can earn community rewards by participating in contests such as whitelisting, giveaways, and capped events. Users can also donate to other users for sharing their predictions and creating content for other players.
Dexsport aims to attract mainly two large groups of audiences: blockchain users and smart technology masters, and gambling and betting enthusiasts. By popularizing decentralized systems, eliminating intermediaries in the process of betting activity, and making the betting market more competitive, open, and decentralized, the platform strives to improve its users' lives.
The Dexsport platform provides users with a unique opportunity to engage in decentralized betting and gaming activities. With its focus on transparency and security, DESU serves as a reliable currency that allows users to participate in betting activities on the platform. Dexsport aims to revolutionize the betting industry by offering a decentralized platform that allows users to bet on various events without fear of hacking, blocking of funds, or lack of user control on funds.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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