Because of rampant bot scalping, server overloads, and opaque allocation mechanisms devoted fans have been…
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Tickets for the World Cup Final can now be won using the blockchain lottery method ensuring fairness in the draws.
Because of rampant bot scalping, server overloads, and opaque allocation mechanisms devoted fans have been forced to jump through countless hurdles. The excitement of securing a World Cup Final ticket is now akin to high-stakes gambling. Because of the overwhelming demand, traditional lotteries are not a viable solution. In response, some organizers and national associations […]
Zero-Knowledge Proofs in Gambling: Wagering Without Revealing Wallets
Blockchain technology is being appended with zero-knowledge proofs (ZKPs) which enable blockchain applications to be more efficient. In simpler terms, ZKPs allow one party to verify the authenticity of a specific claim without sharing any additional sensitive information. In blockchain, gambling-specific cryptography enhances a player’s experience by allowing them to place bets, check wallet balances, […]
The Future of Identity in Web3: Can On-Chain KYC Wallets Keep You Compliant and Private?
The proliferation of blockchain technology is being witnessed in finance, gaming, and decentralized applications. However, regulators around the world have started demanding robust KYC (Know Your Customer) measures to mitigate money laundering and other illicit activities. As these KYC norms come into place, users continue to adopt blockchain technology for self-sovereignty and privacy. To resolve […]
Cross-chain Betting: Ability To Swap Assets In The Middle Of The Game
In the fast-paced history of live sports and esports betting, every single second is crucial. Single bets are either won or lost based on a single momentum shift, and icreasing bets require farther options for instantaneous mitigations. Cross-chain betting protocols currently exist to solve this issue. Unlike the old method, where funds were stuck on […]
Employing zkSync for International Betting When Traditional Currencies Are Unavailable
Cross-border betting often comes with its own set of challenges pertaining to traditional financial rails. Slow wire transfers along with exorbitant conversion costs and stiff banking hours mean a punter can forgo live odds or payout delays. Layer-2 scaling solutions built on top of Ethereum like zkSync, which utilizes zero-knowledge rollups to achieve speed, security, […]
How Token Airdrops Are Incentivizing Fans to Support Their Teams on the Road
The level of devotion a fan shows when travelling across continents to cheer in person at an opposition stadium is unrivalled. So far, traveling fans usually only got the automated experience, living memorialized in the ticket stub and a few looks of envy. Now, like with many other endeavors aimed at fans, sports organizations can […]
Token Airdrops for Away-Game Check-ins: Paying Tribute to Travelling Supporters
When die-hard fans travel thousands of kilometers to fill stadiums with their teams’ colors, they showcase the very best of fandom. Traveling fans used to only receive a ticket stub and a handful of envious gazes; now they can be recognized for their efforts. Sports franchises can now appreciate and reward fans who go far […]
System Bets Explained: A Guide to Betting Smart
In the world of sports betting, finding ways to increase your chances of winning while managing risk is essential. System bets offer a strategy that allows bettors to spread risk across multiple selections, making it possible to win even if some of your bets don’t go as planned. These bets are designed to provide flexibility […]