Sportsbet.io Betting Platform Officially Joins Tron Foundation

Sportsbet.io betting platform announced back on Tuesday that it has officially joined a partnership with one of the largest crypto networks in the industry- the TRON Foundation. The announcement reached our TRX Tron news today and we look into it some more in the text below.

The announcement was made by the company itself and it can be found on their official website where you can read the confirmation that the TRX will be made available on the platform from October 20, 2019. The founder of the foundation, Justin Sun, welcomed the Sportsbet.io betting platform to the foundation by tweeting:

“Welcome Sportsbetio to join the #TRON ecosystem! Another win for #TRON and another chance to win for #TRONICS.” 

The company also noted that they will be giving away 1 million TRX as a promotional offer. Those who are interested in the giveaway should choose to do so before the first Sportsbet Specials match on Sunday which is October 20. Also, the participants have to stake a minimum of 300 TRX on the match and they need to do so every day without losing. If the players lose, they will miss the chance and the last man standing will get 1 million TRX. According to the blog post, the company explained:

‘’The concept is simple, but it will take a lot of effort and determination to be crowned winner against other participants! Place a bet every day on the Sportsbet Special market. If your bet wins, you qualify for the next round. If your bet loses, you’re out! If you are the Last Man Standing, you will win 1 Million TRON in CASH!’’

Currently, the crypto industry is trying to find new use cases and to increase the adoption opportunities. It seems like online betting has already taken crypto seriously and has boosted the prices of many smaller altcoins. Sportsbet has a vas and extensive user base and before TRON, Bitcoin was the cryptocurrency that was mostly used for betting on the platform. You can read in the about section of the website that Spotrsbet is a bitcoin sportbook which aims to create special things for the sports fans and the bitcoin lovers as well.