India Remains Attractive for Blockchain Startups
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The gambling industry is undoubtedly one of the fastest-growing sectors in the global economy, and sports betting tops the list. Countries like India, where the population is highly interested in sport events, especially cricket or kabbadi, can be a lucrative marketplace for sports betting start-ups. Unfortunately, laws regarding cryptocurrencies or blockchain are not entirely defined in India right now. This is where Indian investors often experience a setback from the courts when trying to regulate blockchain technology. Luckily there are no boundaries on sports betting when the sport involves skills and not a chance. Cricket is a game of skill and a popular one, making it a haven for launching a decentralized sport betting exchange.
aggle.io is a recent entry in this space that has introduced a set of innovative features to beat the ongoing issues in the online betting industry. They are an innovative and readily developed sport betting exchange, created on the Binance Smart Chain and targeting India. The goal of this decentralized betting platform is to end the monopoly control bookmakers have over the bettors. aggle.io has come up with a unique strategy that gives the power of bookmaking to the bettors and every user on the platform. This will empower bettors, enhancing the unfair odds due to high implied bookmaker markups.
Unlike other sports betting platforms, aggle.io allows anyone to securely offer an odd on the platform. This odd can then be purchased by any other bettor on aggle.io. To keep the system fair and clean, aggle.io has allotted quotas to allow bookmakers to offer their own valuations which, given sufficient
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