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BetDEX Exchange to Launch on Solana Mainnet Ahead of 2022 FIFA World Cup

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3 years ago

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BetDEX Labs has announced that the BetDEX Exchange will officially launch on Solana mainnet on November 17 to coincide with the beginning of the 2022 World Cup. As the first fully-licensed sports betting exchange built on a blockchain, the platform will be accepting real-money wagers on soccer. As part of the launch, BetDEX Exchange will not be charging any fees for wagers placed on World Cup matches.

“After a successful open beta we are excited to officially launch the BetDEX Exchange in select countries and territories around the world. As the world’s first fully licensed web3 sports betting exchange, we’re looking forward to onboarding members into a booming space. Launching just ahead of the world’s premier sporting event is an exciting moment as our community can wager on matches throughout the duration of the World Cup and beyond,” Varun Sudhakar, CEO and Co-Founder of BetDEX, said.

The BetDEX Exchange recently became the first fully-licensed regulated sports betting exchange on blockchain. Under the Online Gambling Regulation Act (OGRA), the BetDEX Exchange received licensed approval from the Isle of Man for all forms of online gambling and gaming, including online sports betting. The platform currently accepts wagers from countries throughout Europe, Asia, South America, and Africa. The fully non-custodial exchange is built on the Monaco Protocol.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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