BitGoals supports betting on sports from football to horse racing



Antusiasme yang meluas untuk olahraga penonton tidak menunjukkan tanda-tanda mereda pada abad ke-21. Untuk taruhan olahraga, itu lebih populer dan lebih banyak tersedia dari sebelumnya, berkat peraturan yang longgar dan munculnya perjudian online. Namun, industri ini memiliki reputasi yang buruk. Pasar taruhan olahraga ilegal masih jauh lebih besar daripada yang legal. Taruhan dan situs taruhan sering menolak untuk bermain adil, mencurangi peluang dan memperkenalkan biaya tersembunyi. Ada juga contoh penipuan langsung. Di sisi lain, bahkan layanan taruhan on-the-level cenderung memiliki prosedur pendaftaran yang rumit dan biaya tinggi.

BitGoals berharap dapat memberikan alternatif yang unggul berdasarkan teknologi blockchain. Platformnya dimaksudkan untuk menjadi hub yang transparan, andal dan mudah diakses untuk bertaruh pada berbagai macam olahraga. Juga tidak berencana untuk berhenti di sana - mengingat mitra yang tepat, desain BitGoals dimaksudkan untuk secara potensial mengakomodasi sejumlah kegiatan yang terkait dengan olahraga atau judi, menjadi jantung dari ekosistem online yang luas.

Bagaimana platform BitGoals akan beroperasi?


BitGoals is meant to be a platform that a number of third parties, whether individuals or businesses, will be able to use to manage their own sports betting activities. The things that companies bring to the table are as follows;

1. The blockchain platform itself and its user interface;

2. Smart contracts, which will be used to conduct transactions safely, automatically and transparently and keep all relevant game data for a month, and to help ensure compliance with the rules of all participants;

3. STP Tokens, used to place bets and collect winnings, as well as for all other transactions on the platform such as bonuses or payment of fees. In particular, there will be no bet limit;

4. A suite of ready-made tools and modules that third-party developers can use to develop their own sports betting applications for platforms;

5. The wallet is safe. To participate in any betting events on the platform, all that the player needs to do is get through it. This participation will be completely anonymous, with all sensitive data being securely hidden. All payments and tethering connected to it will be quick and easy.

The scope of activities that can be set on the platform will be very wide. BitGoals will support betting on sports from football to horse racing. This will also allow other forms of gambling, such as poker or lottery; other forms of sports interaction, such as fantasy sports; and even the market for match tickets and merchandise. The ultimate goal is to make it easier for individuals to set up their own casual sports betting game with open-source BitGoals software.


However, this platform will also depend on games provided by partner companies, starting with King Scorer, a casual game that allows players to choose five football players in a particular game and then collect points based on the goals they print. The STP bonus in the game will be distributed to the top 100 players on the leaderboard based on the number of points they have. Players will be able to use the prize to make an in-app purchase for King Scorer or to make further "bets" in the game or otherwise.

What is the strength of this project?
As widely recognized, blockchain and gambling technologies are games made in heaven. There may be no more obvious use cases for smart contracts than ensuring that previously agreed bet requirements are executed automatically and transparently. The decentralized structure made possible by blockchain also allows the BitGoals team to address many of the endemic issues in the betting and sports betting industry, enabling them to cut bets and remove many of the usual restrictions and intricate procedures of the betting sites. Due to the complexity and high cost of participation, along with industry reputation issues, are the main factors that drive potential participants, the advantage should make it easy to attract a large audience from regular players if the platform takes off.


The BitGoals team has gone to great lengths to ensure that all of its activities are at that level. This includes extensive legal consultations that precede platform development. Using smart contracts should make it easy to prove to both participants and authorities that all rules are being adhered to. BitGoals itself is a licensed manufacturer and service provider. It has also secured a number of key partnerships with sports betting players and therefore should be able to use its own client base to start its ecosystem. The team has arranged to use the ongoing financial-oriented Zen Protocol blockchain for this platform, which must ensure fast and reliable transactions.

Details of token sales
Sales of STP token have begun on June 14 and will continue until July 15, 2018, with prices going up from 0.5 to 1 USD per token.


A tentative plan for a broad new sporting ecosystem
BitGoals is far from the only project to try to take advantage of the incredible opportunities that blockcains have made in sports betting. However, this may be the most extensive and has the potential to absorb or take over many of its competitors. This promise is partially destroyed by the current ambiguity of its arrangement. Many important details of platform design and functionality have not been adequately described. It will obviously require more than one match to fulfill its promise of becoming a universal sports betting platform. The relatively low level of social media activity is also somewhat of a concern.

All that said, the problems can still be fixed. The core concept of this platform is very healthy and may be able to corner a large and growing market by providing superior service. As is always the case with start-up blockchains, it all depends on the buy-in that the project gains from industry stakeholders: both the betting service providers and the people who are willing to bet on the sports on the blockchain platform. If successfully cleans the initial hurdles and attracts further partners, BitGoals can be one of the new sports betting paradigm carriers: no longer relying on intermediaries or trusts and capable of delivering much greater variety and quality of service.

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Author: titadamay

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