StocksBet

Whitepaper Going to Website

First Blockchain decentralized application to hedging risk on the Stock Exchange when the markets are closed. Application based on the deployed open source Ethereum smart contract for betting on the price of NASDAQ listed stocks. This contract control the funds, calculate the best performing stocks and prepare reward for the winning users to collect.


Stocks.Bet decentralized application based on the deployed open source Ethereum smart contract for betting on the price of NASDAQ listed stocks and win from everyone who bets against you.

This contract control the funds, calculate the best performing stocks (with bet lock and bet close prices) and prepare reward for the winning users to collect. Price fetched from https://www.alphavantage.co API through Oraclize.it at the beginning (16:30 NY) and end of the bet period (10:00 NY).

Now there is three companies stocks:

  • Microsoft, MSFT
  • Google, GOOG
  • Apple, AAPL

Bettors place bet on stocks that performs the best among all the other competing ones in a specific time period. Bets are placed and rewards are claimed using Metamask plugin for Chrome / Firefox / Opera / Brave.

Being completely secured by the Blockchain, no one has control over the stocks rally or user funds once a contract is deployed and a rally is announced.