EtherSport

EtherSport is a platform where people all over the world can place bets on sports events. The lottery mechanism is done through Ethereum contracts which guarantees fair and transparent results, avoiding any risks and corruption. EtherSport has a number of advantages such as security, simple user registration process, anonymity, the open and clear process of all currency transactions, prompt prize payout without any hidden fees. The main idea of our project is that our lottery, contrary to many similar services, is not based on guessing the random numbers, but involves exact determination of the sports events results, which cannot be influenced by anyone. This implies that the players have analytical skills. Such lottery type allows players not only to guess the game results by using their knowledge, but also get an additional satisfaction from the view of the sports events and support of their favourite teams, which they have chosen in the ticket. The same can be said about the bets placed between the players within our project, an analogue of the betting exchange. EtherSport improves the service in this business field by new technologies, namely, blockchain, smart contracts and cryptocurrencies. Such improvement is directed not only to the convenience of the technical service for the players, but also to the guarantee of the fairness and full transparency of the process, which is done thanks to the new technologies.