Own the Platform That Lets You Be a Bookmaker of Your Favorite Sports Events

2021-6-25 07:38

Imagine being part of the ownership of top bookmakers such William Hill or Bet365. To most of us, this will remain just that, the stuff of imagination. Well, not for long. Not with blockchain technology – through the newly launched decentralized stakes platform, Chipz – continuing its major disruption in the betting and gambling sector.

Chipz will allow users to become bookmakers for sports events and own part of the platform once it’s completely decentralized.

How will Chipz work

The Chipz ecosystem will run through their ERC-20 utility token, known as CHPZ. The CHPZ token will be used to create the sportsbooks and stake bids on the platform through smart contracts. Besides, all earnings on the staked bets will be deposited to user wallets in CHPZ.

Once a user already has CHPZ in their preferred ERC-20 wallet, Chipz provides multiple avenues to earn more CHPZ on the platform. For starters, you can become a bookmaker, where you create events with various outcomes and allow bidders to stake on their preferred outcome. The stakers will pay you a set fee in CHPZ.

On the other hand, a user can stake their CHPZ on sports and esports events listed on the platform through Chipz oracle explorer. If your staked outcome wins, the smart contract disperses your earnings in CHPZ to your wallet automatically.

Being Part of Chipz Governance

Based on Chipz’s roadmap, the developers’ ultimate goal is for the platform to achieve true decentralization. The CHPZ token will be used as a governance token.  Here, users who bought CHPZ tokens in the early stages of the platform, as well as verified bookmakers, get to be part of Chipz’s platform decision-makers.

As a CHPZ holder, you’ll be allowed to post and vote on the platform’s proposals and future fees. What’s more, verified bookmakers – highly ranked and trusted Chipz users who have earned a reputation of creating trustworthy bidding instances based on Chipz oracle explorer sporting events – will be allowed to create multiple outcomes on virtually anything beyond the oracle’s data.

Hence, the verified bookmakers will be involved in Chipz governance and create events on absolutely anything with an uncertain outcome that bidders can stake on.

Even better, Chipz developers claim that verification of bookmakers doesn’t involve requesting users for KYC. Rather, the platform will attach a user’s wallet address to their bookmaker profile then monitor the profile based on the bidding instances they set. What’s more, bidders will be able to downvote or upvote a bookmaker hence maintaining accountability in the Chipz community.

Where to buy CHPZ today

Early adopters of the Chipz platform – both bidders and bookmakers – will be rewarded with CHPZ tokens once the platform achieves true decentralization.

Luckily for interested investors, Chipz is still on its 1st version; hence holding CHPZ today makes them early adopters. Currently, you can buy the CHPZ tokens on Bounce as a presale investor at $0.03 per token. There are 15,000,000 CHPZ listed for public presale.

You can also wait for CHPZ public listing on Uniswap scheduled at 6 PM UTC on 6th Aug, 2021 and buy the token at $0.05 per token. The platform plans to list 10,000,000 CHPZ on Uniswap.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Sharpe Platform Token (SHP) на Currencies.ru

$ 0.0004599 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0004599 - H: $0.0004599
Капитализация $8.007k Rank 99999
Доступно / Всего 17.41m SHP

platform technology launched through blockchain newly long

platform technology → Результатов: 126


NetFlowCoin: The world’s first decentralized internet application platform based on SDN and Blockchain

NetFlowCoin is a fully functioning, secure, and decentralized network that acts as a buffer between its users and the centralized Internet. Made possible by combining Blockchain technology with a SoftThe post NetFlowCoin: The world’s first decentralized internet application platform based on SDN and Blockchain appeared first on AMBCrypto.

2021-6-25 08:30


Фото:

Oil and Energy Heavyweights to Pilot Joint Venture Solution on Blockchain

GuildOne has partnered with Blockchain for Energy to pilot the first blockchain-based Integrated Joint Venture Management (IJVM) platform. Moving Power to Blockchain According to a Ledger Insights report published on June 3, oil and gas technology firm GuildOne has joined forces with Blockchain for Energy to initiate a blockchain-enabled pilot. For the uninitiated, several oilRead More

2021-6-4 23:00


Фото:

Ethereum’s Potential to Surpass Bitcoin in Market Cap Escalates: Bloomberg Strategist

Bloomberg commodity strategist Mike McGlone has talked up Ethereum via social media, claiming that the digital asset is to Fintech what Bitcoin is to gold. By definition, Fintech refers to any platform on which technology is used to automate financial transactions and, as McGlone would have it, Ethereum is superior to Bitcoin in such regard. […]

2021-5-29 21:05


Provably Fair Paradice Casino Announces up to 25% Rakeback, Free Spins, and $1000+ in Giveaways with no KYC

Press Release: Paradice Casino has announced it is now offering up to 25% rakeback, Free Spins, and over $1000 of giveaways each month on its’ platform. 21st May 2021, Delhi, India: Paradice is an independent crypto casino launched back in late 2019 that hosts a variety of games – all based upon provably fair technology.

2021-5-22 17:55


Фото:

Egypt’s Largest Bank Taps RippleNet For Instant International Remittances

The largest bank in Egypt, the National Bank of Egypt (NBE), is the latest financial institution to join RippleNet — Ripple’s blockchain payment platform — to enable cross-border payments. NBE Is Now A Ripple Customer In an announcement on Tuesday, Ripple revealed that NBE will use the San Francisco-based firm’s blockchain technology to power a […]

2021-5-19 17:50


Фото:

PARSIQ Integrates with Autonio to bring Smart Triggers to NIOX Trading Suite

PARSIQ has allied with Autonio to integrate PARSIQ’s technology into the rapidly developing Autonio ecosystem.  PARSIQ and Autonio Ink Strategic partnership  According to an announcement made today, blockchain monitoring and workflow automation platform PARSIQ stated that it had partnered with decentralized autonomous organization Autonio Foundation to deploy its Smart Triggers technology into Autonio’s NIOX tradingRead More

2021-5-18 14:44


Фото:

PARSIQ Integrates with Clover, Also Announces Financial Support

PARSIQ has allied with Clover to integrate PARSIQ’s technology into the rapidly developing Clover ecosystem. PARSIQ and Clover Ink Alliance In an announcement made today, blockchain monitoring and workflow automation platform PARSIQ stated it had partnered with Ethereum-based smart contract platform Clover and its multi-chain connected cryptocurrency wallet to enable users to have a singleRead More

2021-5-15 11:37


Wolfram Blockchain Labs enhances DLT platform with storage networks IPFS and Filecoin

CryptoNinjas » Wolfram Blockchain Labs enhances DLT platform with storage networks IPFS and Filecoin Wolfram Blockchain Labs (WBL), a provider of distributed ledger technology (DLT) ecosystems with the tools necessary to assist in the development of a wide variety of smart contract-based applications, today announced the integration of WBL’s DLT platform with open-source protocols IPFS and Filecoin.

2021-5-13 00:23


Фото:

Russia’s space agency deploys blockchain for intellect rights protection

Russia’s Roscosmos state corporation is implementing a platform based on blockchain technology to protect the intellectual property of organizations in the rocket and space industry. The corporation’s website stated that it started using the feature on the Waves Enterprise blockchain to identify violations of intellectual property rights of firms and institutions within the industry.

2021-4-27 15:56