3.3 Differentiation from Traditional Sports Betting Platforms
Challenges
If Web3-based betting services closely resemble conventional sports betting platforms, they may struggle to attract distinct user segments and could face heightened regulatory scrutiny.
In certain jurisdictions, token-based wagering may be classified as illegal, presenting barriers to global scalability.
Solutions
Smart Contract-Driven Fair Play Mechanism: Leverage smart contracts to automate match outcome validation and bet settlements, eliminating the potential for manipulation or centralized control.
AI-Powered Predictive Analytics: Integrate real-time match data with AI-driven analysis to enhance the accuracy, fairness, and transparency of betting information.
Point-Based Wagering Model (BHP): Replace direct token wagering with a utility point system (BHP), which mitigates legal risk while preserving user engagement in gamified prediction markets.
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