- Increased security with events being managed by Equilibria Oracle Nodes.
- Bets are done through XEQ – a private cryptocurrency.
- Events can’t be rigged and are validated by Oracle nodes.
- Middle-man fees are extremely low thanks to blockchain technology.
A user can create a wager for an eSport match by paying a small fee. This person does not speculate on who wins or loses, they only create the wager. In return for opening up a wager, they will receive a small % of the wage pool at the end of the match. Anyone can see this match and can make a bet.
Once the match is complete, the winners will have their winnings sent to their wallet. The entire system is managed through the Equilibria chain. Oracle Nodes are rewarded a small % of the wage pool for managing the wager.