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The crypto world is brimming with potential as decentralized technology finds applications in virtually all industries. One of the promising applications is in the betting industry, which can tap into blockchain tech to bring users several perks in their hobby. There are many such platforms working on this endeavor, but few are as effective as SX Bet.
The project has made a splash in the crypto world with its recently updated roadmap, making an emphatic statement that it is the leader in blockchain betting platforms on the market. From bet mining to a trading upgrade, SX Bet’s goals are making it arguably the most complete betting product in the world - not just in the crypto space.
We look into why the updated roadmap is so important here and how it can shape the future of the betting industry. However, before that, we should look at what SX Bet is exactly and what it offers.
While SX Bet does offer betting in the truest sense, it is essentially a prediction market that covers a wide variety of events - whether that’s sports, political or general events. It uses a smart contract, a prediction market protocol, with bets settled on chain to give users a reliable platform on which to make their bets. So far, it has processed over $280 million in betting volume.
Currently, SX Bet has 11 major sports categories to bet, though it will have new options in the future. This includes eSports, a fast-growing space that is closely associated with crypto.
Other features worth mentioning include bet mining, staking. tournaments, a token bridge, leaderboards, and an analytics dashboard. While these are all very useful, SX Bet is upping its
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