Features
WagerDAO is designed to be a decentralized, transparent, and secure platform for betting enthusiasts. The protocol provides several benefits, including:
Decentralization: WagerDAO is a decentralized platform, meaning that it is not controlled by a central authority or entity. This ensures that the platform is fair and transparent, as all transactions are recorded on the blockchain and can be audited by anyone. KYCs are not required by WagerDAO in order to maintain complete user privacy.
Transparency: All transactions on WagerDAO are visible on the blockchain, which means that users can verify the authenticity of their bets and winnings. This helps to build trust and confidence in the platform.
Security: WagerDAO leverages the security features of the Binance Smart Chain to ensure that user funds are safe and secure. The platform uses smart contracts to execute bets, which means that there is no need for a middleman or intermediary to process transactions.
Low fees: WagerDAO aims to provide users with a low-cost betting experience by minimizing transaction fees. We decided to launch our protocol on the Binance Smart Chain due to its low gas fees and lightening fast transaction speed.
Betting: WagerDAO will utilize a multitude of providers to provide our users with a range of live sports/egames as well as casinos which will be introduced in V2 of our dashboard.
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