betBase
betBase is an onchain crypto protocol / infrastructure for decentralized peer-to-peer, non custodial, trustless and fully transparent betting.
Our mission is to change the paradigm of the online betting industry and make the offering or acceptance of all kinds of betting an open and free enterprise for all. Imagine all the online betting operations in the world from sportsbooks and betting exchanges to prediction markets, fixed odds and skill based games united in one open free autonomous and A.I. automated infrastructure where no company owns or control the operation and where all users / players participate on equal terms as true peers with equal access and rights to the technology.
The betBase infrastructure will allow anyone, private, business or organization to leverage and use the infrastructure to offer any kind of betting service to any wallet on the planet. Want to run your own bookmaker or just offering bets to other players on an exchange?. Want to setup a prediction market, be a market maker or or manage your own liquidity pools? Run a casino or a multiplayer game with betting options or just play on any of the offers the protocol users create? betBase handles the onchain technology while you operate whatever betting activity you desire.
We launched first version of the betBase protocol in may 2024 bringing the first fully automated reference sportsbook onchain on the Base network using immutable and open source smart contracts deployed onchain.
The v1 protocol is deployed on Base, the Coinbase backed Layer 2 solution that was developed in partnership with Optimism. Base is backed by Coinbase’s decade of experience in building the best consumer-facing experiences for crypto users.
Betbase has developed a comprehensive roadmap and go-to-market strategy that leverages cutting edge Crypto and AI infrastructure to facilitate true onchain wagering activities that were not possible before. betBase is not a sportsbook or casino or an entity earning money from betting. All protocol and network usage fees are used to buyback and burn the ecosystem token $BET in the builder phase. In the subsequent Decentralized Autonomous AI Operations (DAAIO) phase the control of fee structure and target is left to the DAAIO.
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