BlitzPredict Weekly Update: July 15, 2019

We are back with our latest weekly update! Last week was a busy week for us, as we announced the successful completion of our alpha release and began the preparation for beta launch. Our focus continues to crystalize as well, as we announced the elimination of the aggregator and predictions in order to focus exclusively on our upcoming betting exchange.

A lot of the work being done is with a focus on streamlining our platform and making it as simple as possible for users to interact with Augur markets. Working with companies like Portis and Fortmatic will allow our users to control Ethereum addresses via email or phone number, greatly reducing friction in the onboarding process.

Our betting exchange will launch alongside Augur’s v2 release, currently scheduled for Q4 2019. We will launch with markets on the 2020 election, as well as some of the major sporting leagues like the NFL and English Premier League. We will add more sports over time, including esports, but we want to keep a core focus on the highest volume markets out of the gate.

Betting will be conducted in DAI and traders will be welcome to use automated tools to interact with our markets. Our token, XBP, will be used for discounted fees and market creation rights. Our goal is to provide a low fee marketplace where traders are welcome to employ whatever tools and strategies they desire and aren’t restricted in any way.

We will keep you updated as we continue to progress! Sign up for early beta access at blitzpredict.io and make sure to join our Discord and follow us on Twitter, Telegram, Facebook, Reddit, and Blockfolio — thanks for supporting us!

Brett Richey

CEO