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What is BetProtocolBetProtocol enables Third-Parties to build applications for betting relying on blockchain transparency & immutability. BetProtocol will be a hybrid Network and Protocol built on top of Public Blockchains, IPFS and relayer mechanisms. BetProtocol's vision is to enable the betting economy, one that is decentralized at its core but observable and regulation-friendly enough to prevent money laundering and underage betting. BPR token has several uses: as a proof of investment in the protocol, firms will be required to acquire and stake a certain amount of BPR tokens inside their betting application to stay open; periodically, a Platform Fee will be charged to betting applications; holders will be able to vote on new dApp entries to the ecosystem and protocol updates, etc.
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