New Era Of Internet: How Web3 Can Change the World And Betting In Particular

Since the creation of the World Wide Web in the 1980s, the Internet has changed the way people live, work and play. From work to entertainment, the modern internet has become an integral component of our everyday lives.

For more than 40 years, the internet has changed and modernised to meet people’s needs and keep up with technological developments.

Building on blockchain technology, Web 3.0 can be defined as the next iteration of the Internet, which promises a more independent, decentralised and autonomous network where power is returned to the masses and dependence on centralised ecosystems is minimised.

As the public grows increasingly weary of privacy breaches and data collection by large technology companies, the underlying premise of Web 3.0 — decentralisation — looks more appealing than ever. This means that data is stored in a distributed database so that no single user has complete control, and it allows consumers to own their data and bypass all intermediaries for every piece of data created. At the same time, the immutability of the blockchain means that the data entered is irreversible and recorded forever, eliminating the risk of data tampering, hacking and even potential fraud.

The most common and popular example of Web 3.0 use is in the cryptosphere — cryptocurrencies and non-playable tokens (NFTs). However, the utility of Web 3.0 — and, by extension, blockchain — can go far beyond just cryptocurrencies. For example, with the advent of blockchain and web3, there is an opportunity to rewrite areas in which people are used to encounter fraud and deception. One of the most common examples is the betting system.

Seeing an opportunity to introduce web3 into betting, Dexsport was created. Dexsport is the first web3 cryptocurrency betting platform built on the principles of transparency and anonymity of its users. Dexsport users play with a shared pool of liquidity and receive their winnings immediately via blockchain.

Built on the Binance Smart Chain (BSC), Dexsport requires no registration, offers instant withdrawals and provides people with a secure yet transparent betting system.

Dexsport’s main goal is to bring betting to the Web3 world and change the way people think about betting. The platform will be one of the most effective tools for mass adoption of cryptocurrencies and will create a solid bridge to a decentralised future.

About Dexsport

Dexsport is an innovative project that is changing the way users think about betting. The platform is a DeFi prediction platform that includes: sports betting, play-to-earn betting, prediction marketplace, P2P prediction on cryptocurrency rates and NFT collection.

The Dexsport ecosystem is aimed at users interested in betting as well as blockchain enthusiasts and investors interested in placing their funds in a shared pool of liquidity.

To learn more about Dexsport, stay updated on all our developments, visit our Website, and join us on Twitter, Instagram, Discord, Telegram Group and LinkedIn.