What if you could make predictions on sports, Bitcoin, gold, and global events without putting your own money at risk?
Walter DeFi sits down with J. Tennyson Singer of SafeBets to discuss a different approach to the booming sports betting and prediction market industry.
With enormous amounts of money wagered on major sporting events like the World Cup, traditional betting platforms operate on a familiar model: participants put their own capital at risk and can lose it when their predictions are wrong.
SafeBets is attempting to flip that model.
Tennyson explains how users receive 100 free utility tokens that can be used to make predictions without wagering their own money. Make the correct prediction and users can earn rewards, including Unicoin. Get it wrong and the house token used for that prediction is lost rather than the user’s personal capital.
The conversation goes beyond sports. SafeBets is building a prediction platform where users can test their knowledge across markets and events ranging from Bitcoin and gold to sports and other real world outcomes.
What you’ll learn in this video:
• Why the massive sports betting industry inspired a different approach to prediction markets
• How SafeBets allows users to make predictions without wagering their own money
• How the platform’s 100 free utility tokens work
• How correct predictions can generate rewards, including Unicoin
• Why prediction markets can extend beyond sports into Bitcoin, gold, crypto, and other real world events
• How blockchain and utility tokens can create new models for prediction platforms
• J. Tennyson Singer’s vision for combining predictions, rewards, and Web3 without the traditional financial risk of betting
Prediction markets don’t necessarily have to be about how much you’re willing to lose. SafeBets wants to make them about how often you can be right.
Full interview with J. Tennyson Singer of SafeBets
Website:
safebets.world
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