Opportunity expected! American law and policy makers are working on a framework for the introduction and support of the legalization of sports betting.
Last week, the United States rejected a 26-year ban on sports betting, giving the 50 states the opportunity to re-establish their policies to allow legal betting on popular competitive sports. Nevada, the only state to have been active in the market for nearly 26 years, has reported that Nevada Sports Books had generated $ 4.8 billion in operations in 2017.
Other reports from the American Gaming Association estimate US illegal sports betting is worth $ 150 billion a year. With the recent change in legislation, enthusiastic players will soon have the opportunity to participate in the thrill of sports betting in a safe and open environment.
The legalization of sports betting will help the gaming community enjoy the betting activities, but how can we maintain the integrity of the bookkeeping? While existing online sports forecasting industries have undergone rapid development, all current underlying technologies are based on centralized algorithms, internal computer systems and winners' announcements.
Traditional online sports prediction platforms are faced with a number of problems, such as the unfairness of customers due to manipulated algorithms, fraudulent behavior of sports operators (especially for small forecasting platforms), as well as hacking attacks and false information in credit card transactions.
The solution? Block chain technology.
With extensive industry experience, the UniGame team is at the forefront of using blockchain technology in the field of sports forecasting and is dedicated to resolving the issue. By storing the platform data in the blockchain, all users can be sure that the data is credible, traceable, verifiable, and unmanageable, eliminating background tampering.
UniGame is strategically positioned to become the market leader in this multi-billion dollar industry.
Through strong partnerships with IP holders of global top events, seasoned team members and game licenses in multiple countries; UniGame has focused on the blockchain-based sports competition industry and laid the groundwork for the launch of its real-life application.
UniGame's global chain-based sports prediction platform covers kickboxing, football and basketball events and is licensed exclusively to the International Boxing Federation (IBF), Kunlun Fight and Glory of Heroes (GOH).
Participants may use Bitcoin (BTC) or Ethereum (ETH) in return for UniGames UniCoin (UNC) tokens. UniCoin (UNC) is now officially trading on HitBTC.
More information and a copy of the white paper can be found at www.unigame.com.