BookiePro pays out 5 bitcoin during successful launch

BookiePro, the world’s first provably fair blockchain-based sports betting exchange, has paid out a total of five bitcoin in prizes to beta testers during the hugely successful launch of beta product, BookiePro.fun.

The launch of the firm’s public beta in June marked the first official decentralised app operating on the Peerplays public testnet as well as the world’s first public showcase of provably fair sports betting.

Throughout the FIFA World Cup, over 100,000 play money bets were placed via BookiePro, which sits upon a platform capable of processing 10,000 transactions per second. Competition prizes have been awarded across a range of daily challenges, bounties, sweepstakes and leaderboards.

Speaking on BookiePro’s beta launch success, Jonathan Baha’i, President at the Peerplays Blockchain Standards Association, said: “I’m very proud of the fantastic success we have seen during the World Cup. Thanks to our talented team’s hard work, users have been able to experience a truly decentralized betting exchange for the first time.

“As we anticipated, the beta test of the world’s first decentralized betting exchange shows that there is a clear desire in the market for a provably fair sports betting platform.”

Following the World Cup beta launch, BookiePro will be offering further sports and leagues including Major League Baseball (MLB), National Football League (NFL) and major European soccer leagues and competitions.

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