Bitwin Enters the Blockchain Betting Space with FansUnite Partnership
We’re pleased to announce that Bitwin has established a partnership with FansUnite, one of the most promising betting software providers in the online gambling vertical, to run Bitwin’s upcoming blockchain-based sportsbook on the FansUnite Protocol. The result will be the delivery of a decentralized sportsbook to a mainstream audience.
The agreement will make Bitwin 2.0 the first company to offer a worldwide sportsbook on the FansUnite Protocol.
Bitwin is currently finalizing the release of 1.0 version of the platform, where the players will be able to indulge in one-of-a-kind aesthetics and more than 1000 games powered by the leading iGaming suppliers. In few months, it will upgrade to Bitwin 2.0, and get revised by blockchain. The transformation will bring even more immersive entertainment with the novel solutions, that the FansUnite Protocol will become the part of. Due to these plans, Bitwin aims to become leader in the space of the decentralized iGaming and become the world’s leading creator of premium on-chain gaming solutions for the platforms alike.
The FansUnite Protocol is an Ethereum-based technology that eliminates pain points that plague the existing wagering markets, allowing for near-zero margins, and delivering a trustless and equitable ecosystem.
The tokenized ecosystem created by FansUnite leverages proven machine learning algorithms, an incentivized network of actors and a deep understanding of the industry. Their expertise is why Bitwin has chosen to place their faith in and partner with FansUnite, enabling the provision of industry-leading odds to our customers.
“Delivering breakthrough quality and setting highest standards is priority number one for Bitwin. It is an ongoing quest to seek and deliver improvements of any kind to provide our clients with the most effective digital innovation on the market. Bitwin 2.0, with its existing blockchain technology, becomes even more competitive by sealing this cooperation with an incredible FansUnite Team and their perfect-fit, decentralized betting protocol,” said Barłomiej Bulda , Founder of Bitwin.
Bartosz Biliński of Bitwin adds: “Thanks to the FansUnite Protocol, we will be able to offer industry low margins on our Bitwin Sportsbook. In conjunction with our novel Bitwin Network implementation, which achieves ultra-low transaction fees on all Bitwin casino games, there is a high probability that we will become the cheapest blockchain online gambling platform. This partnership brings great value to out product.”
“We are excited to partner with the Bitwin team,” said Duncan McIntyre, COO of FansUnite. “They have a clear vision of how blockchain technology fits in the gaming industry and are building a great product for consumers. Their Bitwin network is an important example of the type of second layer networks that can be built on top of FansUnite. We look forward to their development and continued growth on the Protocol.”
The newly formed alliance aims to mobilize betting marketplaces and will assist in promoting a cost-effective and equitable framework for millions of bettors, while increasing transparency, speed and security.
About FansUnite
The FansUnite Protocol is an industry standard for sports betting and sports data applications built on the Ethereum blockchain. The protocol provides the infrastructure necessary to redistribute the responsibility over the execution and resolution of bets from centralized operators out to a network of independently operated and incentivized Oracles, providing bettors assurance that their bets are executed as entered, free from bias or tampering, while bet details are immutably and transparently stored on the Ethereum blockchain.
The protocol provides the groundwork for a host of applications that span traditional bookmaking, betting exchanges, daily fantasy sports, poker and card-based games, and a variety of other services reliant on sports data. These decentralized applications (DApps) will be free to charge fees, utilize their own tokens for betting, and set market prices based on full market information transparently available on the blockchain. For more details on the FansUnite Protocol, please visit http://www.fansunite.com to review the White Paper and Business Case.
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