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Overtime Markets AMA - The road to a decentralized sports book

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by COINS NEWS 83 Views

Hi Everyone!

Red from Overtime/Thales here and long time member of r/CryptoCurrency.We are super excited to be opening up the AMA with you guys today. Overtime is the first fully decentralized sports book and is being developed by the team at Thales.

We will be present answering your questions from 9AM PST to noon! (and maybe a bit longer)

What is Thales?
Thales was born out of Synthetix in 2020 when we took over their binary option contract, since then we have come a long way. Thales Protocol provides an oracle-based automated liquidity solution that is used to create various types of on-chain Positional Markets limited only by the amount of data that is available to the blockchain.

What is Overtime?
Overtime is a worlds first viable Sports AMM and Parlay AMM solution for popular sporting events that operates without relying on a centralized entity like most sports books. With Thales Protocol contracts used as inspiration for the Sports AMM (Automated Market Maker), reliable data feeds from the industry best oracle Chainlink and a fully collateralized Parlay AMM functionality, Overtime promises the most fun you'll have with DeFi

March Madness Program

Overtime launched its March Madness campaign over the weekend. For the occasion, we invite everyone to mint their NCAAB bracket and join in the fun! The mint is free and supported on both Optimism and Arbitrum.Minting your bracket will give you access to compete for the 40,000 THALES & 13,000 OP prize pool!

For more detail on the March Madness program read here.

Mint your bracket for FREE here: =>https://overtimemarkets.xyz/#/march-madness<=

What's next?

Overtime has achieved a lot since its launch in August 20202 with over $8m in volume, 3000 users, and over 100k positions taken. The next step in development for the platform includes opening the AMM contract to the public (currently treasury funded), adding more sports leagues (currently 19 total), adding esports integration, decentralizing data fetching for our results & odds, new frontends, mobile app integration and a lot more!

**How to join?**If you thought Overtime and Thales was a place for you, you are more than welcome to join our community!

We also have 10 $10 USD voucher to give out on Optimism for the firsts of you to ask relevant questions. Simply add a question with your address and if answered in the first 10 you will receive the $10 USD voucher on Optimism!

Looking forward to chatting with you guys!

Website : https://overtimemarkets.xyz/#/

Twitter: https://twitter.com/OvertimeMarkets

Documentation: https://docs.overtimemarkets.xyz

Reddit: https://www.reddit.com/r/overtimemarkets/

submitted by /u/Thales_Red
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