SX Network SX Price 0.12571545

SportX is a community-owned sports betting exchange and political prediction market.
The SportX protocol has a set of open source smart contracts. The protocol creates, processes, and settles all bets. The control mechanisms, fees, maintenance controls, and rules that govern the entire network are housed in this protocol.
Anyone with a Web3 wallet can place bets using the SportX.bet exchange. The SportX.bet exchange concentrates on one central location in order to provide a platform for users to find the best odds and depth. SportX.bet has a level of personal privacy, security, and transparency that cannot be replicated in a centralized platform.
SportX will be guided by a sustainable future by enabling shared community ownership with the help of the SX token. SportX can become the world's first community-owned sports betting platform thanks to the help of SX.
There are three main uses for the SX token on the first day.
The governance.sportx.bet user interface allows token holders to control over the parameters of the SportX protocol smart contracts.
To participate in governance votes, token holders must first stake their token.
The fee discount is earned by token holders that stake SX, with varying percentages based on their total staked balance.

SportX is a peer-to-peer betting exchange that allows users to offer and take bets. Users can take bets from the company that runs the site. The peer-to-peer model of betting leads to better odds and removes the ability of owners to exploit users for profit.