Decentralized Gaming Platform BetProtocol Integrates Band Protocol To Launch Esports & Sports Betting
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BetProtocol, one of the leading betting protocols providing technology for over 12+ operators, has strategically partnered and integrated with Band Protocol to provide reliable oracles for sports and Esports data. With over 50,000 registered users, BetProtocol currently supports over 12+ operators including Bistox Games, Hodlbet and TKN.COM — the second most popular Ethereum betting application.
Band Protocol has been chosen to be the launch partner to power BetProtocol’s upcoming and awaited release of Esports betting, creating custom oracle scripts on BandChain that are connected to trusted and selected premium API providers in a reliable, decentralized and scalable manner.
BetProtocol has chosen Band Protocol as the oracle solution to unlock a new multi-billion dollar, regulated blockchain-gaming industry through the customizability and cross-chain compatibility of BandChain oracle scripts to access sporting outcomes and statistics without compromising on security, costs or speed to market.
Band Protocol’s flexibility to enable real-time data requests on-demand allows BetProtocol to abstract away from centralized oracles submitting betting market results, enabling faster settlement and resistance to manipulated outcomes.
“Band Protocol supports all smart contract platforms and any type of decentralized application ranging from DeFi, gaming, prediction, betting and more. We are proud to work alongside BetProtocol to secure the rapidly growing decentralized betting industry by providing smart contracts accessibility into various niche data sources in a scalable, trustless and reliable manner. Starting with Esports data, Band Protocol will expand support into all types of sports data and betting markets.”
Soravis Srinawakoon, CEO & Co-Founder of Band Protocol
“BetProtocol is thrilled to partner with Band Protocol on the upcoming launch of our long-anticipated Esports Betting technology. Our long term goal is to facilitate the decentralization of betting markets. This partnership goes a long way to enhancing the options our operators have to receive and utilize Esports and sports data, across a wide array of use cases.”
Rui Teixeira, CEO and Co-Founder of BetProtocol
BetProtocol provides developers a proprietary set of tools and decentralized programmable blockchain resources to allow the creation of gaming systems and applications, with no coding required. Both teams have worked closely together over the past few months to create a proof-of-concept and oracle script for Counter-Strike: Global Offensive (CSGO) on the GuanYu devnet which connects to Pandascore, the widest esports database and premium API provider.
Upon completion of testing, oracle scripts connecting to other premium Esports API providers such as Abios Gaming will be created to further enhance the resistance to manipulation and security guarantees for Esports markets. Band oracles will also be used to support League of Legends, Dota 2, and Overwatch markets upon the official launch of BetProtocol Esports in Q3 2020.
Band Protocol Will Be Presenting At BetProtocol’s Esports Webinar
Band Protocol will be presenting as a guest speaker and launch partner in BetProtocol’s upcoming webinar, “Launch a Betting Business In The Booming Esports Market,” where the endless possibilities of the upcoming Esports betting market and new Esports betting technology release will be showcased.
Make sure you sign up to learn more about this strategic partnership and the upcoming innovation in the regulated blockchain-gaming industry with the 11,800+ registered attendees! There will be an AMA session towards the end of the webinar where participants can ask both Band Protocol and BetProtocol team questions.
One lucky attendee from the first 1,000 ticket holders will selected to win $1,000 worth of $BEPRO tokens!
📅 Date: 22nd of July, 9 PM GMT+7 (BKK time)
About BetProtocol
BetProtocol enables you to create and manage online gaming platforms with no coding required. Thanks to BetProtocol’s blockchain technology, these platforms are secure, scalable and regulatory compliant. No need for expensive developer teams. We provide a fully customisable white label solution for crypto-enabled online casinos, Esports betting apps, sports books, slots, and more.
Website | Whitepaper | Telegram | Medium
About Band Protocol
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Blockchains are great at immutable storage and deterministic, verifiable computations — however, they cannot securely access data available outside the blockchain networks. Band Protocol enables smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
Website | Whitepaper | Telegram | Medium | Twitter | Reddit | Github
