BetProtocol becomes a driver of innovation by launching its own proprietor software that will enable operators to build sportsbook, esports, social and regular casino, and prediction market products among others.
Built on BetProtocol Release with TKN Casino
Blockchain software company BetProtocol has achieved an important milestone by launching its proprietor gaming software that would allow the company to develop an unlimited number of esports, sportsbook, social casinos, prediction markets and other products.
Announcing the news on Twitter, BetProtocol is effectively kickstarting the $BERPO economy named after the company’s utility token.
The first company to benefit from the newly-minted BetProtocol platform is TKN, which has launched a casino offering a range of products, including Coinflip, Linear Dice, Roulette, Wheel, Wheel Classic, and Plinko.
The operator also plans on adding esports and sportsbook products. With operators launching dedicated products, the $BERPO Token will be spent as gas, the company explained. That move, BetProtocol said in the blog post, would support a network-wide betting volume.
Any BERPO that TKN spends as gas will be “locked,” which will push down the supply for $BERPO. When TKN and other operators need $BERPO, they will need to go to exchanges, such as the ones mentioned by BetProtocol – KuCoin and Digifinex.
BetProtocol has successfully concluded funding round in 2018 and then launched its $BEPRO Token in 2019. The company is pioneering in creating its own gaming platform, with another leading driver of innovation in the sector being FunFair Technologies.