The Decentralized Betting Pay Defi Ecosystem
PROBLEM OVERVIEW
The betting industry has lacked innovative ideas for some time and betting industry is plagued by multiple problems. The estimated scale of the traditional sports betting market (including both legal and illegal bets, internationally) is in the trillions of USD. An estimated $400 billion dollars illegal bets are placed annually in the United States alone. China’s illegal betting market is even more extensive.
Betting companies operate under a shade of secrecy, not letting customers know how odds are created or how much money is poured in. Some even manipulate odds after a game starts. There is a lack of high fees and intermediaries, security, lack of privacy, extortionate fees and low returns and payment methods are outdated and regularly winning players are restricted or banned. Traditional sports betting in many locales is driven underground, leading to corruption, unfairness, and violence.
All of these problems are a direct result of one simple fact: the current online betting market is highly centralized. Centralized companies are in charge of the markets, the outcomes, the odds, and even the funds of the players. At the same time, these companies are struggling with strict regulations, frozen assets, and high safety requirements. These factors alienate a significant number of potential bettors from taking part in such systems. Blockchain technology can provide a solution encompassing all the above features decentralization, unprecedented security against, fraud, hacking, transparency, and as much support/versatility as the designer chooses to incorporate. Winhereum offers this untapped market the opportunity to choose a safe, private, and accessible way to bet through decentralized blockchain technology.
WINHEREUM SOLUTIONS
Winhereum ecosystem will eradicating all of these issues and change the current situation. With a decentralized blockchain solution we will allow decreasing money transfer terms down to minutes, transaction expenditures and risks of mistakes almost down to zero. However, even if Winhereum only captures a fraction of the trillion dollar market, the world will be a little safer and the mechanisms built into the Winhereum model will have a powerful and overwhelmingly positive effect on the Winhereum economy, and long term token value.
Winhere Defi inhereum Betting Platform Mobil Application ayment Solutions for Betting Industry Companies Winher Protocol Winher Wallet
Our vision of Winhereum is to create a decentralized betting pay ecosystem with an integrated payment system for betting industry and in particular for Winhereum Platform to make sustainable development possible. We have the team, the competence, and the passion to turn this vision into reality. But journey to achieve this vision will not be easy, and the ultimate target is very ambitious.
Our short- and medium-term objectives are to create the best social betting platform on the market. We believe in Winher Protocol as an engine for innovation and progress, and we believe in particular that it will have far more potential in the future than may currently be imaginable in many places. Winhereum offers not only a decentralized sports betting blockchain, but also a sustainable economy that produces, perhaps for the first time, a digital asset in a decentralized economy with the full functions of a currency. The Winhereum platform will provide a truly engaging and rewarding experience for players.
Winhereum is more than just a coin. It’s a technology poised to disrupt the entire sports betting industry and a revolution in the design of digital currency economies.
If you are ready to be part of a great success story and support the growth of a unique project, please make sure to contribute to our upcoming token sale.