BetDex Deep Dive
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BetDex Deep Dive

Deadline: April 23, 2023; 11:59 PM (Indian Standard Time)

About the Bounty

BetDEX is an exciting new decentralized sports prediction platform. It's built for people who love to win! It currently offers sports betting on Football, Basketball and Cricket (recently launched).

A sports betting exchange built to welcome & celebrate winners, Betdex offers some unique benefits including:

  • Fully non-custodial: no waiting for withdrawals, it's your wallet, your money
  • No stake limits ever: we love winners!
  • Insanely cheap compared with regular sportsbooks, insanely fast compared to other chains

As part of the deep dive bounty, we invite you to write a deep dive on Betdex’s platform specifically focussed on the cricket markets. Your essay should include but not limited to, the following:

  • End-to-end overview of the Betdex platform including signing up, attaching a wallet as well as basic aspects of ‘Back’ & ‘Lay’
  • Explain the key features and benefits of those features for users (low to no fees, non-custodial, immediate withdrawal directly to wallet, no stake limits)
  • Details about the exchange model v/s the traditional sportsbook model
  • Commentary on the competitive landscape in the sport betting market (could be just web3 focussed or a combination of web2/3)
  • Basic information around the KYC’ed aspect to protect users and the Isle of Man license that allows them to operate in specific markets in a fully licensed manner
  • Specific focus on being able to fund the wallet with USDT & some SOL for fees (specific focus on doing so for Indian users)
  • Commentary/feedback specifically on the cricket markets as to which games are available and the liquidity as well as the odds available on the platform

Not necessary but good to include:

  • First bet being risk-free upto $50
  • Feedback on the current community (Twitter/Discord)
  • A $500 USDT contest that is currently live - check it out here!

🎯
Your Mission: Become an expert on Betdex and summarize your findings in a written essay.

Rewards

🥇 First Prize:

  • $1000 USDT
  • Member status in Superteam
  • Syndication in Superteam’s newsletter

🥈 Second Prize

  • $300 USDT
  • Contributor status in Superteam

🥉 Third Prize

  • $200 USDT
  • Contributor status in Superteam

Evaluation Criteria

  • Depth
    • Did you explore the background of the project?
    • Does your essay talk about the key features of the project?
    • Is your essay the one-stop resource for people to get up to speed with this project?
    • Did you learn everything there is to know about the project?
    • Did you take screenshots, provide a step-by-step guide to onboarding, and clearly articulate the value the project offers?
    • Did you join the project’s Discord and get a feel for the community?
    • Did you try the competition and explain the relative pros/cons of this project?
    • Did you include the pointers highlighted under the “About the Bounty” section?

  • Writing Style
    • Did you write a compelling introduction and a satisfying conclusion?
    • Is your writing easy and fun to read?
    • Did you avoid overly complex jargon?
    • Did you explain concepts in a way a person new to crypto could understand?

  • Submission Requirements
    • Did you write your essay in English?
    • Is your submission at least 1,000 words? Note that typical bounty winners are ~2,000 words.
    • Did you submit before the deadline? Note: there will be no deadline extensions.
    • Did you include links to your sources under the title “References”? If you have used external sources and no references are included, your bounty could be rejected on grounds of plagiarism.
    • Kindly test your submission for plagiarism. If the submission contains more than 15% plagiarised content, your submission will be rejected. Regular offenders can also be disqualified from participating in the bounty program going forward.
    • Share your submission on Twitter & tag @superteamdao + @betdexlabs & use the hashtag #Superteambounty and submit this link in your bounty application.

Check out previous bounty winners to get a sense of the quality we expect.

Resources

Participation in this bounty is entirely voluntary. Bounties are a way to learn and dabble in opportunities to build in web3. These are neither full-time jobs nor project-based engagements. Please be advised that the sponsors will not have time for individualized feedback due to the number of entries we receive. Please check out

before further queries.

About Superteam

We help the most promising projects in the Solana ecosystem launch and grow. We are organised as a cooperative of creatives and operators who are experienced in launching and growing technology businesses. Our mission is to bring the benefits of the ownership economy to the creative class (rent your time for tokens, not dollars) while creating flexible work within the structure of a DAO.