Bookie, the upcoming decentralized Sports-Betting exchange d-app, is about to drive a massive wave of buyers to the ETH token. This new peer-to-peer betting platform is poised to disrupt the $1 Trillion a year sports-betting industry when it launches in a few months, by allowing users to wager their ETH tokens on sporting events from anywhere in the world.
Bookie is part of a new breed of d-apps - blockchain projects that are creating real-wealth for their holders through profit-sharing and other incentives, rather than the speculative “roller coaster” that drives demand for most other projects. Bookie isn’t just another server-based betting platform that “accepts” payment in ETH - Bookie is built directly on the blockchain, and it seeks to become premier sports betting platform for digital currencies while driving the demand for ETH tokens mainstream.
“Bookie should bring a huge amount of trading volume to ETH by introducing worldwide access to sports-betting with the ETH token.”, said Jonathan Baha’i, President of PBSA, a non-profit organization that is helping fund the development of Bookie. “More betting volume equals more profit for ETH investors, which is a huge win for Ethereum.”
Since Ethereum has begun to reach critical mass, many projects are finding ways to connect their blockchain apps to Ethereum. Distinguishing itself from other d-app projects, the Bookie team says they are hoping to bring provable-fairness to the sports betting industry by eliminating the “house” so people can bet directly against each other.
So how can you get involved with Bookie?
Still in Alpha testing phase, Bookie is being funded through a crowdsale of Peerplays tokens (PPY), which are profit-sharing tokens that pay dividends to their holders. The dividends are made up of the fees & commissions that Bookie charges people to use the d-app. Holders of these PPY tokens will receive a portion of the ETH profits that are earned every time someone uses Bookie to wager on a sporting event.
To contribute, visit https://www.peerplays.com/crowdfund
The Bookie development team has been building blockchain-based games since early 2016 and now has software developers and promoters in Europe, Asia and North America. The “Bookie” d-app will be simultaneously launched in several languages, with the first versions going live Q4 2017.
Is this just another amazing new concept in the Ethereum universe… or are we finally getting closer to the “killer d-app”?
To learn more about Bookie, visit http://bookie.exchange