A Look At Betswap.gg’s First Month Live!

Betswapgg
3 min readOct 20, 2022

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The FIFA World Cup is a month away and it is a global event that is watched by millions of people around the world. It is estimated that over 4 billion people watched the last World Cup. This year’s World Cup is being held in Qatar, and it is expected that even more people will tune in to watch.

Naturally, with an event of this magnitude, there is a lot of interest in betting on the outcomes of the matches. And that’s where Betswap comes in.

Betswap.gg is Web 3.0 decentralized, permissionless & trustless, peer-to-peer betting exchange built on blockchain. This means that it enables users to avoid things like exorbitant fees, long waiting times for payouts, and other hassles that come with traditional betting platforms. Due to it being permissionless and trustless, users don’t need to go through a third party to bet on the platform. This also means that there is no centralized entity that can manipulate the odds or refuse to pay out winnings.

One of the biggest advantages of our decentralized betting exchange is transparency. Our users can see exactly how the odds are calculated. This level of transparency is unheard of in the industry and it’s something that our users really appreciate.

We are thrilled to announce that everything has gone extremely well in our first 45 days since the beta launch, exceeding the team’s expectations. We are grateful for the ongoing community support, especially from the degen community & our own BSGG token holders. In that short time period, Betswap experienced tremendous growth, with over 8000 bets placed and over 500k USDT in matched bet volume.

All earned commissions are transferred to a multi-sig wallet address on the Polygon network listed below:

0x0E460E09069d6855029B9a51f51100fbE3DCB33a

Although the Beta launch has been a significant accomplishment for us, it is only the beginning. We are creating a decentralized future that is expanding rapidly. The website had a few bugs, which presented us with some difficulties, but our team worked diligently to fix them.

We have many exciting announcements and developments in the upcoming months, like our free-to-play and buy-in Fifa tournaments and NFT eSports pool betting which you wouldn’t wanna miss!

Our team was hard at work putting together a series of tutorial videos that illustrate to users how to get the most out of our site, like how to place a bet, how to lay a bet, and how to cancel a bet

We’re also happy to announce that we’ll shortly be launching an analytics page on our website where consumers could get real-time data on Betswap.gg

All in all, we are extremely happy with how our beta launch has gone and we are looking forward to the future. Our decentralized platform is shaking up the industry and we are only just getting started.

Thank you all for following us on our journey to build the best betting platform possible. We are grateful to have such an amazing and supportive community.

We are lucky to be able to leverage the power of blockchain technology to create a platform that is transparent, secure, and trustworthy. We believe that our platform will help shape the future of blockchain betting and revolutionize the industry.

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Betswapgg

The first decentralized peer-to-peer betting exchange! Check out our articles for more detailed information.