search

bepronetwork / bepro-js

The repository contains a comprehensive documentation of the bepro.network ecosystem as a javascript framework. If you are new to BEPRO, you might want to check out the Website Overview or our public "Start Building" Page.
164 stars 94 forks source link

Smart Contracts for Bet Settlement #88

Open Porchbet opened 3 years ago

Porchbet commented 3 years ago

A Traditional Gambling platform wishes to bring all of its settlement on chain by creating its own oracle, smart contracts & liquidity pools. This will be launched on Polygon.

Users connect wallet to the gambling platform e.g. via metamask. The gambling platform already exists but for tradional fiat so will require integration at a later stage. I am not seeking a solution here. Users are able to browse events and select outcomes they would like to bet on. When they submit a bet, they submit a smart contract.

The smart contract contains the selection, the odds & the stake along with the terms of settlement. In order for the information to be confirmed, it checks the market registry to confirm market has been created, and the smart contract then needs to call the oracle to confirm the odds are correct, the size of the stake is acceptable and that wallet is whitelisted.

If the bet is approved because the terms are correct, the funds get matched by funds from the platforms own liquidity pool. Initially this pool is USDT. The pool then pays out the bet if it wins and If it doesn't it keeps the funds.

There is a lot more complexity to the pools but at this early stage I would like to receive quotes to create the template smart contracts for the bets, the liquidity pool and also how we could run our own oracle.

As more background, I am a professional gambler with 10+ years experience in betting. I am looking for a highly motivated co founder who can help with the technichal side to this project.

Available examples Sportx.bet smart contracts are a good place to start.

Bounty There is a bounty of up to $15,000 in BEPRO tokens to create the concept

sbjin4 commented 2 years ago

No response at all? Been more than half a year.

sgoia commented 2 years ago

I have an interest if requirements for developer are clear. Maybe on discord server we can talk about it via DM ? I am Sam feel free to reach out on bepro discord in menu "#dev-issues-support"

moshmage commented 2 years ago

No response at all? Been more than half a year.

Did you ever made a bounty over at BEPRO Network ?

sbjin4 commented 2 years ago

Nope. Planning to do looking around for something similar first.

Sent from ProtonMail for iOS

On Fri, Apr 22, 2022 at 00:05, moshmage @.***> wrote:

No response at all? Been more than half a year.

Did you ever made a bounty over at BEPRO Network ?

— Reply to this email directly, view it on GitHub, or unsubscribe. You are receiving this because you commented.Message ID: @.***>