DuelNow Launches
P2P• Телекоммуникации и связь » Компьютерная сеть » Интернет » Файлообменная сеть » Одноранговая сеть Sports Betting
Prediction Marketplace
DuelNow Launches P2P• Телекоммуникации и связь » Компьютерная сеть » Интернет » Файлообменная сеть » Одноранговая сеть Sports Betting Prediction Marketplace
Lisbon, Portugal, 19th September 2024, Chainwire
By Chainwire
Sep 19, 2024 Sep 19, 2024
4 min read
Create an account to save your articles.
Decrypt’s Art, Fashion, and Entertainment Hub.
Discover SCENE
Lisbon, Portugal, September 17th, 2024, Chainwire
DuelNow - a prediction market that eliminates the need for a traditional house
by allowing bettors to set their own custom odds for crypto-based sports bets,
has officially launched to the public. The marketplace offers users a
decentralized, peer-to-peer• Телекоммуникации и связь » Компьютерная сеть » Интернет » Файлообменная сеть » Одноранговая сеть betting experience that is easy, fair, and more
secure, with the added advantage of removing commissions and reducing fees.
Building on this foundation, DuelNow elevates the betting experience by
operating on the battle-tested Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum Layer-2 blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн Arbitrum. This
technological backbone enables P2P• Телекоммуникации и связь » Компьютерная сеть » Интернет » Файлообменная сеть » Одноранговая сеть betting with transparency, lightning-fast
speeds, and enhanced security. The platform improves protection with Web3
Authentication (W3A) on top of secure blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн technology, allowing users to
enjoy their betting experience fully.
At launch, DuelNow will feature betting opportunities across a range of major
sports events, including Basketball• Спорт » Виды спорта » Баскетбол (NBA• Спорт » Виды спорта » Баскетбол » Национальная баскетбольная ассоциация/NACAA), Baseball (MLB), American
Football• Спорт » Виды спорта » Американский футбол (NFL• Спорт » Виды спорта » Американский футбол » Национальная футбольная лига/NCAA), MMA, and Soccer (EuroCup 2024/Premier League). Future
updates promise more sports, expanding the platform's appeal to a broader
audience.
DuelNow will launch with payments and betting supporting $USDT, $ETH, $ARB,
and $STMX, with further plans for additional payment options coming soon.
Complementing these developments is the upcoming release of the DuelNow token,
which will power the platform's unique token economy. This new system
provides users with the opportunity to gain valuable bonuses as they engage in
betting activities, enhancing the overall user experience.
The platform’s fully customizable bet creation feature is central to the
prediction marketplace appeal, empowering users to craft bespoke predictions
based on their interests and beliefs. This flexibility allows sports bettors
to avoid relying on house-set odds and take control of their betting
experience.
An example of this customization is the daily or weekly "Pick 'em Bets,"
where users can potentially predict winners based on spreads. These bets cater
to different sports schedules: weekly pick’em challenges apply to NFL• Спорт » Виды спорта » Американский футбол » Национальная футбольная лига and NBA• Спорт » Виды спорта » Баскетбол » Национальная баскетбольная ассоциация
games, while daily pick’em challenges are tailored to leagues like MLB,
reflecting their unique scheduling constraints.
For those interested in individual player performance, DuelNow also offers
player prop bets with the ability to bet on specific outcomes, such as total
rushing yards, completed passes by an NFL• Спорт » Виды спорта » Американский футбол » Национальная футбольная лига player, or total offensive rebounds
by an NBA• Спорт » Виды спорта » Баскетбол » Национальная баскетбольная ассоциация player. This variety ensures that there is something for every type
of bettor.
Adding to its versatility, DuelNow allows users to choose from various odds
formats, including American Moneyline, European Decimal, British Fractional,
Malaysian, Hong Kong, and Indonesian. This feature ensures that users can join
and view predictions in their preferred odds settings, further personalizing
their experience.
DuelNow has plans to include ‘Custom bets’ towards the end of the year, and
will present the opportunity to bet on global events outside of sport, for
example, the winner of the 2024 USA Presidential Election.
DuelNow has generated considerable pre-launch buzz, with significant
investments totalling $11m from GEM Group, Charlie Lee, the creator of
Litecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Litecoin
• Экономика » Финансы » Платежные средства » Платежные системы интернета » Litecoin, Richard Ma, the founder & CEO of Quantstamp, and Billy Markus,
the creator of Dogecoin, as well as projects such as Crypto Rand, Mooncat and
more. With their support, DuelNow can achieve its mission of empowering
bettors, giving them a voice, and taking control away from bookmakers.
"DuelNow is not just a platform; it's a complete overhaul of how sports
betting and prediction marketplaces work," said Simon Yu , CEO of DuelNow.
"We're blending the excitement of sports with the innovation of blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
technology to create an unparalleled user experience. Our goal is to empower
users with a decentralized, transparent, and secure way to engage with sports
predictions, transforming both the crypto and betting landscapes in the
process."
To stay updated on the token launch, readers can follow DuelNows updates on
Twitter .
About DuelNow
DuelNow is an innovative sports prediction marketplace powered by peer-to-peer• Телекоммуникации и связь » Компьютерная сеть » Интернет » Файлообменная сеть » Одноранговая сеть
wagers and prediction marketplace narratives to provide a bookie-free sports
prediction experience. Create custom predictions, set odds, and compete
directly with others, taking the house advantage entirely out of the game and
disrupting the decentralized sports betting industry.
Contact
PR Manager
Vineet Nair
Lunar Strategy
vineet@lunarstrategy.com
Disclaimer: Press release sponsored by our commercial partners.
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a
podcast, videos and more.
STARTTEXT
Your Email• Коммуникации » Интернет-коммуникации » Электронная почта
Get it!
Get it!
Your gateway into the world of Web3
Partner
News
Deep Dives
University
Coins
Videos
Event Calendar
Podcasts
News Explorer
Bitcoin Halving
About
Team
Disclosures
Manifesto
Terms of Service
Code of Conduct
1000x Member Terms of Service
Privacy Policy
Contact
Careers
Jobs
Shop