Solana-powered sports activities wagering platform BetDEX to launch forward of World Cup » CryptoNinjas

BetDEX Labs, the corporate behind BetDEX, a brand new sports activities betting trade for peer-to-peer wagering, this week introduced that the BetDEX Alternate will formally launch on the Solana mainnet on Thursday, November 17th, which coincides with the start of the 2022 World Cup.

Only recently, BetDEX turned one of many first licensed sports activities betting exchanges constructed on the blockchain. Below the On-line Playing Regulation Act (OGRA), the BetDEX Alternate obtained licensed approval from the Isle of Man for all types of on-line playing and gaming, together with on-line sports activities betting.

Upon launch, BetDEX will settle for customers from international locations throughout Europe, Asia, South America, and Africa. The absolutely non-custodial trade is powered by the Monaco Protocol.

“After a profitable open beta we’re excited to formally launch the BetDEX Alternate in choose international locations and territories world wide. Because the world’s first absolutely licensed web3 sports activities betting trade, we’re wanting ahead to onboarding members right into a booming house. Launching simply forward of the world’s premier sporting occasion is an thrilling second as our neighborhood can wager on matches all through the period of the World Cup and past.”
– Varun Sudhakar, CEO & Co-Founder of BetDEX

Within the close to future, BetDEX is anticipated to just accept wagers on tennis, cricket, and extra.

Since introducing its open beta in early October, the BetDEX Alternate has accepted wagers from over 12,000 early entry members. A “beta” tag will stay on the trade till 2023, however prospects will have the ability to wager actual cash instantly upon launch.