A peer-to-peer solution that is a fully functional and decentralized platform, good for any type of event. All wager exists in the form of smart-contracts, that protect players with their immutable rules. Token holders can choose a role they want to play in the platform, create wagers, bet within wagers created by others or resolve disputes and determine results as judges of the platform, and earn tokens form any role they chose.
With our open source solution, we provide professional betting operators with the infrastructure they need to implement blockchain technologies into their existing business models. Using the TOSS protocol allows bookmakers decrease transaction costs, avoid chargebacks, provide better odds and earn more.
We’ve been successfully operating a bookmaker company for years now, we know the industry inside and out. Blockchain is the perfect solution to heal all the betting industry pains, and we will be the first to do it.
About PROOF OF TOSS
PROOF OF TOSS is a decentralized betting ecosystem that is aimed to modernize the industry. The platform allows anyone to create wagers, bet and judge – all to win TOSS tokens. PROOF OF TOSS caters to existing Bookmakers and other “players” of the field. By providing a solution that serves as a gateway to the world of blockchain and cryptocurrencies, the project aims to enhance the betting experience, while increasing the service provider’s profit margins and market coverage.
In the foundation of PROOF OF TOSS lies the Blockchain technology, it brings decentralization, flexibility, reliability, and trust. For the ecosystem to run smoothly, be scalable and retain all the fundamental principles of the blockchain, RSK’s open-source smart contracts platform has been chosen. Being a sidechain of Bitcoin, RSK provides a high level of security by merge-mining that prevents the double-spend problem. RSK scales to 400 transactions per second creating blocks at 10 seconds average interval.
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