Stake.gg — Bringing eSports Prediction Markets to Web3

Stake
3 min readJun 3, 2021

Our team is proud to announce Stake.gg, a Decentralized Application that allows users to easily create decentralized, no-limit prediction markets for everything eSports and gaming related.

Cluttered one-size-fits-all user interfaces, poor UX, and high gas fees are just some of the reasons past attempts to adopt decentralized prediction markets have failed.

Having learned from the mistakes of the past, Stake.gg is now on a mission to introduce a new generation of 2.7 billion gamers to the powers of the Open Web by building tools that allow teams, players, and content creators to engage with their communities in new and interesting ways, while giving fans the opportunity to have a stake in their success

But what makes Stake.gg different ?

— Probably you

Decentralized 🟧 ⛓

Unlike traditional platforms, Stake.gg is decentralized. This means no more gatekeeping, no more padded odds, no more minimums or limits, and no more data harvesting. Feel safe knowing that no central party has access to your funds or your data.

Gamers First 🧡🎮

Seeing the issues plaguing the space regarding user adoption, Stake.gg decided to build a platform centered around gamers’ wants and needs.

Stake.gg expands on the idea of user-centric market creation by aggregating upcoming eSports matches (covering hundreds of games each week across dozens of leagues ) and allowing users to easily create markets for specific matches.

By aggregating and delivering high quality gaming related data to the user, more fair and accurate markets can be created and discovered in a more streamlined and efficient way. Users no longer have to leave the Stake.gg to find relevant match data when creating or participating in markets and even allows users to watch matches live within the application.

We also understand that not everyone is a “Pro Gamer” who is playing on the big stage, so we built a platform that allows users to watch their favorite streamers live and create Twitch prediction markets on-chain!

By building a UI that is familiar to gamers we are able to develop a product with a seamless user experience without sacrificing important values like decentralization and user empowerment.

Built to Scale 🚀

Built on NEAR Protocol, Stake.gg is ready to scale without suffering from liquidity lost due to high fees.

Furthermore, by utilizing Flux Protocol’s decentralized market resolution Oracle and AMM, Stake was able to focus on building the best platform for introducing gamers to Web3, while leaving a lot of the technical blockchain gibberish to the people who do it best.

By combining Stake’s intuitive UI, NEAR protocol’s clean UX and low transaction fees ( $0.006 / swap ) and Flux Protocol’s AMM and Oracle, participating in prediction markets are now more viable than ever.

🥳 Open Beta Now Live on NEAR TestNet🚀

Prerequisites

  1. A NEAR TestNet Wallet

That’s it !

Get started

  1. Visit Stake.gg and login with your NEAR Wallet.
  2. Start predicting 🔮 !

Keep up to date with our progress

Twitter | Telegram | Web

--

--