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Blockchain-Based Objective Betting Platform Development

geniusee.com

Gambling

Gaming

Financial services

Information technology

Challenges in Traditional Betting Systems

Existing betting platforms suffer from lack of transparency, potential for manipulation by administrators, centralized control vulnerabilities, and security risks due to server-based architectures. Users require verifiable fairness and elimination of cheating mechanisms.

About the Client

Blockchain technology company specializing in decentralized betting solutions

Platform Development Goals

Create a decentralized betting platform using blockchain technology
Implement transparent and tamper-proof betting mechanisms
Enable user-generated betting questions with incentivization
Ensure complete fairness through smart contract enforcement
Eliminate centralized control points and server vulnerabilities

Core System Requirements

Smart contract-based betting validation
User-generated question creation with staking mechanism
0.5% creator reward distribution system
Transparent blockchain transaction ledger
Metamask wallet integration for Ethereum transactions

Technology Stack

Solidity

React

Ethereum

Node.js

Web3.js

External System Integrations

Metamask Wallet
Ethereum Mainnet
Decentralized Storage (IPFS)

System Quality Requirements

Blockchain transaction security
Smart contract immutability
Ethereum network scalability
User interface responsiveness
Distributed ledger redundancy

Expected Business Impact

Establishes trustless betting environment with verifiable fairness, eliminates administrative manipulation risks, reduces infrastructure security threats through decentralization, and creates sustainable user engagement through automated reward mechanisms.