Moonbeam Network is an Ethereum-compatible smart contract platform based on Polkadot.
Recently, Blockchain startup PureStake, the creator of Moonbeam Network, concluded a funding round allowing it to go ahead with Moonbeam’s launch.
The funding round amounted to $1.4million and was led by Hypersphere Ventures, the venture company property of Robert Habermeier, Polkadot’s co-founder.
Now that the seeding round has been concluded, BetProtocol will focus on developing the esports betting offer for the brand.
Moonbeam is a facilitator in the process, as it’s deployed as a parachain to the Polkadot solution.
According to PureStake director of marketing Katie Butler, the entire purpose of Moonbeam is to make it simpler for companies to deploy their solutions on a consumer-ready platform, and one powered by Ethereum.
BetProtocol will be working with Moonbeam to create the esports solution, which will be a first to precede a list of planned moves.
Moonbeam has already launched a test and it’s prepared to deliver in Q2 2021.
BetProtocol is one of the leading blockchain solutions providers building esports betting ecosystem for clients. The company is teaming up with different brands to power their esports betting houses and add variety to their offer.
BetProtocol is a platform that puts esports first.
If you are looking for a working solution, though, and want to bet on esports right away, we recommend turning to SportsBet.io, Cloudbet, or even FortuneJack which have a mix of regular esports betting markets and in-play options.