Goal Bonanza - Football Betting Revolution Powered by Blockchain
Overview
Sports betting is a very popular type of gambling that involves predicting sports results and placing a wager on the outcome. The consolidated global sports betting market, both regulated and unregulated, is worth up to $3-trillion. Around 65 per cent of that figure is spent on football betting, with the Asian market the centre of sports gambling.
WHAT IS GOAL BONANZA?
Goal Bonanza is decentralized, self-regulating, football lottery platform based on ERC20 token standard and ethereum blockchain, where players predict the final score of a single football game by backing at least 1 out of 10 available options. Unlike traditional bookmakers and betting exchanges that offer unattractive odds and low returns, in Goal Bonanza players have the chance to win multi-million returns from a single $1 dollar bet, but also win additional rewards in form of badges and tokens through competition, achievements, status, recognition and collaboration with other players.
GAMIFICATION & REWARDS
In addition to the core gaming mechanism, the platform will include a gamification component that will incentivize players to perform different actions and tasks in order to get awards. Gamification is the concept of applying game mechanics and game design techniques to engage and motivate people to achieve their goals.
REWARDS, BADGES AND ACHIEVEMENTS
Players will also be able to win badges and more tokens as reward for completing different achievements as recognition for their talents and expertise to predict football matches scores and outcomes. As players complete more advanced achievements the rewards will grow exponentially as well.
GOAL TOKEN ISSUED
Goal Bonanza doesn’t require the use of fiat currency for playing therefore it is outside gambling regulatory bodies and jurisdiction and therefore a non-regulated stateless business. Operations fudging and dividends payouts is performed in convertible ethereum cryptocurrency. In year 3 we expect to reach a total of 6.34m active players and generate earnings of $74.9 million.
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