Project/Betting

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Features

  • Provably fair random number generation. Uses hashes from new Bitcoin blocks to generate random numbers. This is unpredictable and random. It means the site (the house) cannot cheat the player. Everything is transparent and verifiable. The website has a full list of bets, and payouts eventhough the players are anonymous.

Research

What are the most popular betting sites and what kinds of volume do they do?

What are attractive to players? For example cryptokitties breeding or customization.

Other features: for example camera feed of other players (sounds costly to setup)

List of sites

Capitalization

Estimates where there are opportunity and how much could bring in. Look for public figures of other sites or transactions from one site on the blockchain (sometimes they are identifiable because they use a single address like SatoshiDice used to use).

Basic mechanism

What a site could look like, how the process works.