The Block Sports Exchange is a decentralized marketplace for users to bet against one another on the outcome of sporting events. Similar to the buy and sell mechanism of currency exchanges, users can bet for and against the outcome of an event.
Utilizing the Neo blockchain, Block Sports enables secure cryptocurrency betting where escrow and processing is handled on-chain, giving users true control of their funds.
No Account Required
Creating an account on the Block Sports Exchange is optional, users can start betting without any sign-up - all that is required is a wallet with NeoGas
Block Sports Private Bets allow users to bet head to head directly with friends, enabling them to formalise real life bets on the Neo blockchain
User fees are much lower than most traditional sports betting platforms with a flat 2% fee on all winnings
Token Holder Always Win
Fees paid on winnings are proportionally distributed to BSX token holders, giving them a share in dividends and tying token value to commercial success
Consensus on real world outcomes is met using a decentralized oracle network, allowing users to place bets on data they can trust
Block Sports is a bot friendly platform, providing an open door to developers wishing to operate sports betting or arbitrage bots on our exchange
Smart Contract Prototypes
Publicly visible Neo smart contracts for on-chain matching and oracle consensus network
Functional Exchange Demo
A functional demo of the Block Sports Exchange showcasing our core product with mock data
Token Sale & Hiring
Our public token sale for project funding and hiring for all necessary roles in our team
TestNet Beta & Oracles
Functional smart contracts on Neo TestNet integrated with a centralized oracle network
A beta release ofthe Block Sports Exchange operating with working smart contracts and centralized oracle network
Full Exchange Release
Full release of the Block Sports Exchange on the Neo blockchain for public use with NeoGas
Q: Why did you choose to build on the Neo platform?
There are several advantages to using Neo, primarily the native transaction speed capability of Neo far outweighs similar platforms such as Ethereum. More details available in our white paper.
Q: What currency can I use to bet on the Block Sports Exchange?
GAS (NeoGas) will be used for all betting. GAS is the default utility token for the Neo smart economy, as such it is not necessary for us to create a new utility token.
Q: What value does the BSX token have?
Many assume that our token BSX is used as a utility for betting on our platform, similar to a casino issuing chips. Although this may seem logical we did not feel this solution gives investors much value.
The actually BSX token concept is as easy to understand. Simply, BSX token holders receive a share in platform fees accumulated. As an example, owning one percent of the total supply of BSX tokens entitles you a one percent share of the total fees distributed to token holders. This ensures that the value of BSX is directly correlated with the commercial success of the Block Sports Exchange.
This is covered in more detail in section 8 of our white paper, "BSX Token".
Q: How can I operate an oracle?
The sign up process for oracle operation has not yet been detailed, all available information can be found in our white paper. Specific details will available prior to the roll out of the decentralized oracle network.
Q: When are you holding your token sale?
Q: Is there a whitelist?
KYC/AML whitelisting will be required to participate in our token sale. Sign-up is not yet available.