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XWIN.io Uses Ethereum to Replace Bookies in Sports Betting

 - Jan 19, 2018
References: xwin.io & thenextweb
Though platforms like daily fantasy have made sports betting immensely popular and profitable in recent years, XWIN.io has the potential to make sports betting even easier and more approachable while simultaneously removing the less reliable aspects of traditional betting services (such as bookies). Rather than leaving all responsibility in the hands of the bookie, the platform uses the Ethereum blockchain to guarantee bets based on smart contracts.

When placing a bet on XWIN.io, betters receive information on every contingency surrounding that bet through a smart contract. Because that contract is mirrored in the Ethereum blockchain, people can be completely confident in the veracity of the deal.

XWIN will also come with a referral system in which referrers can receive up to six percent of the amount that referrals spend with their initial round of tokens.