SmartBet

SmartBet is a betting platform that allows users to place bets using cryptocurrency. It also provides incentives as interests to winners who decide to keep their wins on the platform.

When users place bets on matches using native coin(BNB) which is swapped for stablecoins (BUSD), they are issued SmartAssets (NFTs) which serve as both the value of their bets as well as keep track of all accrued interests. Reserved funds are traded with by the platform on DeFi lending/aggregator protocol(s), and the dividends are shared amongst NFT(SmartAsset) holders.

Platform implements a SafeBet algorithm that ensures that bets are only allowed if smart contract has sufficient funds to payout. Users are allowed to liquidate their SmartAssets at will.

Watch Demo at https://youtu.be/O7vwXKTDnSo?start=6341&end=7029 Read full documentation at https://smartbet.gitbook.io/smartbet/.