Description
Degens is a decentralized, community-owned betting platform that revolutionized the traditional online betting market by leveraging blockchain technology. Founded in 2017 and built on Ethereum, it offers a secure and transparent environment for users to place bets on sports and esports events without the need for personal information, ensuring an anonymous betting experience. By utilizing smart contracts, Degens facilitates peer-to-peer betting, eliminating the need for traditional bookmakers, which results in more favorable odds due to reduced overheads and no intermediary fees. The platform supports multiple cryptocurrencies, ensuring accessibility and convenience for a global user base. Key features include low fees, instant payouts once results are confirmed, and a commitment to user privacy and security. Degens stands out for its innovation in offering a betting exchange with no sign-ups, no bookies, and no censorship, embodying a significant shift towards a more user-controlled and fair betting environment.
Degens is a decentralized, community-owned betting platform that revolutionized the traditional online betting market by leveraging blockchain technology. Founded in 2017 and built on Ethereum, it offers a secure and transparent environment for users to place bets on sports and esports events without the need for personal information, ensuring an anonymous betting experience. By utilizing smart contracts, Degens facilitates peer-to-peer betting, eliminating the need for traditional bookmakers, which results in more favorable odds due to reduced overheads and no intermediary fees. The platform supports multiple cryptocurrencies, ensuring accessibility and convenience for a global user base. Key features include low fees, instant payouts once results are confirmed, and a commitment to user privacy and security. Degens stands out for its innovation in offering a betting exchange with no sign-ups, no bookies, and no censorship, embodying a significant shift towards a more user-controlled and fair betting environment.
