IDENA blockchain have run their own
on-chain betting platform based on OracleLock principle.
In brief each of the match represents by 2 prize funds each of them has own independent on-chain OracleLock contract. Matches with possible draw result is not allowed for the current moment.
At the end of the match a special fact certification Oracle would be run to ask the network members about the winner of the match. So, after the end of the certification Oracle the winners will split the losers prize fund divided in proportion to individual bets each of the winner side bettors.
Quite interesting approach, the final WCUP 2022 match was quite successful and got a bit less than 20 000 iDNA prize fund.
The platform fastly evolving and now they are accepting bets for the final match of Supercopa de Brasil between
Palmeiras and
Flamengo which will take place on
January 28th at
16:30 GMT-3.
It would interesting to know your opinion about the idea using certification Oracles to prove the sports event results to unlock and split the prize fund of the match via smart-contract.
More information about OracleLock principle is available here:https://docs.idena.io/docs/developer/node/oracle-lock Welcome to the OP's forum.
It seems that the idea that has been designed and will be carried out by you and the iDNA.bet development team is quite good and interesting.
If this idea is really realized, it will actually give gamblers and users of the platform their own interest.
Always prioritize user satisfaction and comfort when betting on your platform. Accept and respond to all suggestions or feedback that has been given by other users.
After all, in the gambling platform business, the customer is everything and if the users are satisfied, they will indirectly invite friends or other people to enter and register on the platform.
Hopefully what you and your team have planned can actually be achieved.