Betswap.gg Launches the First Permissionless Sports Betting

Willemstad, Curacao, Oct. 10, 2022 (GLOBE NEWSWIRE) —  Betswap.gg, a revolutionary peer-to-peer sports betting exchange, announced the launch of the beta version of their app. The beta version is live on the official website with better features and an enhanced and exciting user experience. 

Betswap.gg is a first-of-its-kind, multi-chain decentralised sports betting exchange built on the Polygon blockchain. The platform allows users to bet on thousands of sporting and e-sporting events, providing them with a trustless and permissionless experience using Web 3.0 technology. Participants can choose to be a bettor or a bookmaker, with Betswap.gg providing a transparent betting model with no hidden fees and minimal gas fees. Furthermore, Betswap.gg lets users participate in back-and-lay betting and decentralised governance through a decentralised autonomous organisation (DAO).

Betswap.gg is a pioneer in the blockchain-based betting world, having created the first-ever trustless betting exchange. Unlike existing platforms, Betswap.gg does not require users to go through a tedious onboarding process. All you have to do is connect your wallet, and within minutes, you can start betting. Furthermore, Betswap.gg does not at any point take custody of users’ funds, allowing players to place individual bets directly from their wallets and withdraw their winnings seamlessly, safely, and instantly. 

$BSGG, the native token of the Betswap.gg ecosystem provides holders with various uses, including governance staking, and reduced fees. It can also be used for a wide range of upcoming online sporting tournaments that will take place within the next few weeks.

Since the launch of the beta version, over 25,000 users have visited the website. The incoming traffic saw a diverse audience from across the globe, including Brazil and India, among others.

“Product development has been our biggest focus since the launch of Betswap.gg, and, in my opinion, we have created…