BetDEX Labs, the corporate behind BetDEX, a brand new sports activities betting trade for peer-to-peer wagering, this week introduced that the BetDEX Alternate will formally launch on the Solana mainnet on Thursday, November seventeenth, which coincides with the start of the 2022 World Cup.
Only recently, BetDEX grew to become one of many first licensed sports activities betting exchanges constructed on the blockchain. Beneath the On-line Playing Regulation Act (OGRA), the BetDEX Alternate obtained licensed approval from the Isle of Man for all types of on-line playing and gaming, together with on-line sports activities betting.
Upon launch, BetDEX will settle for customers from nations throughout Europe, Asia, South America, and Africa. The totally non-custodial trade is powered by the Monaco Protocol.
“After a profitable open beta we’re excited to formally launch the BetDEX Alternate in choose nations and territories around the globe. Because the world’s first totally licensed web3 sports activities betting trade, we’re wanting ahead to onboarding members right into a booming area. Launching simply forward of the world’s premier sporting occasion is an thrilling second as our group can wager on matches all through the length of the World Cup and past.”
– Varun Sudhakar, CEO & Co-Founding father of BetDEX
Within the close to future, BetDEX is anticipated to simply accept wagers on tennis, cricket, and extra.
Since introducing its open beta in early October, the BetDEX Alternate has accepted wagers from over 12,000 early entry members. A “beta” tag will stay on the trade till 2023, however clients will be capable to wager actual cash instantly upon launch.