UPDATE: Sigmanero.org -- sports betting with multisig wallets
UPDATE: Sigmanero.org -- sports betting with multisig wallets
Hello!
First of all thank you for the great feedback in our previous post: https://monero.town/post/2748829 The level of thinking that went into each comment is priceless for us and we are sure other projects will also benefit from our discussions.
Second, we would like to announce that we are back live!
We changed the following conditions to the set up:
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We removed the need to deposit a bounty to create an account or place and accept bets. This means that we will rely on good behaviour from users to follow though their bets and fund their respective sub-address in the multisig wallets. If users do not fund their bets prior the events, then we will suspend the user for 1 hour and refund users that have made their respective transfers.
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(NEW) We added the possibility to create "private bets" which can only be seen and accepted by whomever the user decides to by sharing a link to the bet. This will allow users to make sure they are placing bets with whomever they want, and guaranteeing that Sigmanero is not the counterpart of their bets. Both users will be able to confirm that they share the same main address of the multising as soon as the multisig is generated. For larger bets this is ideal and removes one extra concern regarding possible rug-pulls or other exit scams.
We have also added volume metrics for funded bets per event to allow users to see where the action is and expanded the information section with more details and infographics.
At this point we are just waiting for brave people to go in and try out the website! If you know someone that is willing to place a bet with you, then we encourage to try out the private bet option. This will guarantee that we (Sigmanero) will not be the counterpart to your bet.
Thank you!
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Site looks to be back down for maintenance again.
Upcoming:
-2/3 multisig wallets instead of 3/4
-Inspection and confirmation of transfer details (recipients and amounts) before users sign the transfer
Got a question. Is there a way to open requests for sigmanero to open up certain bets? Eg/ US election
Secondly, I get a Bad SSL Cert alert when accessing the site via www.sigmanero.org - as opposed to just sigmanero.org - is this adjustable in your ssl cert settings as it looks dodgy to a newcomer
Hello,
Yes we are adding some extra features, most importantly changing the set up from 3/4 multisgs to 2/3. We got feedback that the possibility of Sigmanero being able to "lock" funds was not good. This way users will always be able to get funds back if they can coordinate to find out who was their bet counterpart -- which should not be hard since they will have the main address info.
-- "Got a question. Is there a way to open requests for sigmanero to open up certain bets? Eg/ US election" Not at the start, but this sounds very easy to implement. We want to offer political markets soon as well, and we can always receive special request if they make sense by way of message. We get asked quite often about political bets so for sure will be made. How you offer bets for events far into the future will be a bit tricky because whoever if placing the bet offer needs to keep its browser window open, since the wallet is locally generated and they need their seed key. This is the rationale for having "bet windows" of 6 hours or less before events. But yes, if users can coordinate the timing, it can defiantly happen.Maybe in forums or users just end up typically checking the website at the end of the day to scout for interesting bets.
-- "bad SSL Cert " Thank you! we will fix it!
We are live again -- thanks for all your comments :)