The ultimate peer to peer betting protocol.

PolyCash is a blockchain protocol and wallet application for peer to peer betting currencies. PolyCash is used for cryptocurrencies including Betcoin, the flagship cryptocurrency developed by the PolyCash team. The Betcoin cryptocurrency runs on Datachain, a blockchain based on the Litecoin source code.

The Betcoin cryptocurrency pays out approximately one third of the currency to miners via proof of work, and the remaining two thirds are paid out to coin holders via gamified proof of stake. Betcoin's hybrid POS/POW inflation model helps solve the problem of cryptocurrencies' energy useage. By paying out only one third of the currency to proof of work, miners energy use is reduced proportionally without compromising the security of the blockchain.

In Betcoin, all coins accrue rewards at a rate of 0.01% per 125 minutes (50 blocks). Coin holders can realize these gains by occasionally staking their betcoins in virtual basketball games. These virtual games are held every 25 minutes and the scores and winner for each game are determined by pseudo-random data from the blockchain.

In P2P betting currencies like Betcoin, the odds for betting events are determined by players rather than being set by the house. Unlike traditional betting systems, bets are placed and paid out at the protocol level and players hold the private keys to their bets.

Betcoin's unique consensus model relies on inflation which is high, but is consistent, fair and transparent. Betcoin has a theoretical maximum inflation rate of 52.2% per year. However, every coin holder can grow their coins at this rate simply by staking their coins with a conservative strategy in the scheduled betting events.

Betcoin was designed for algorithmic betting and users are encouraged to set up strategies to bet for them automatically. Users who employ a betting strategy better than average can grow their betcoins faster than inflation, increasing the value of their holdings.

PolyCash supports both custodial and non-custodial useage. Users who want to get started quickly can simply create a web wallet on a public node. But users who want to control their private keys or participate in mining should install PolyCash on their own computer.

To run your own node, please view the installation instructions in our README.

You can contact us via polycashcrypto@gmail.com for more information about this project.

  Source Code & Installation Guide   Blog   Whitepaper

Betcoin

Win betcoins by betting on virtual basketball games between 32 countries.

  Join now & receive 0.5 betcoins   Game Results

Pays out in 6 minutes

Indonesia vs Philippines    64-87   Philippines is winning

Philippines was predicted to win 82-94   See Details

20,399 betcoins in confirmed bets

Indonesia   x5.033   (19.9%)
Philippines   x1.248   (80.1%)

Pays out in 40 minutes

Pakistan vs Egypt    42-47   Egypt is winning

Pakistan was predicted to win 92-82   See Details

20,397 betcoins in confirmed bets

Pakistan   x1.341   (74.6%)
Egypt   x3.933   (25.4%)

Virtual Stock Market

Buy and sell synthetic stocks in 12 top American tech companies.

  Join now & receive 1 mimecoin   Market Results

31 betting blocks left (1 hour and 44 minutes)
Pays out in 6 weeks and 3 days
0.01% fee

Intel between $21 and $42

2,142.9 INTC issued at $21 per contract (45,000 mimecoins)

Market price:   $31.27
Buy here for:   $31.29
INTC down 0.06%
Buy Intel $10.29   (49%)
Sell Intel $10.71   (51%)

81 betting blocks left (4 hours)
Pays out in 6 weeks and 3 days
0.01% fee

Meta between $180 and $360

194.44 META issued at $180 per contract (35,000 mimecoins)

Market price:   $272.21
Buy here for:   $272.88
META down 0.25%
Buy Meta $92.88   (51.6%)
Sell Meta $87.12   (48.4%)

131 betting blocks left (7 hours)
Pays out in 6 weeks and 3 days
0.01% fee

Microsoft between $230 and $450

215.91 MSFT issued at $220 per contract (47,500 mimecoins)

Market price:   $334.98
Buy here for:   $335.61
MSFT down 0.19%
Buy Microsoft $105.61   (48%)
Sell Microsoft $114.39   (52%)

181 betting blocks left (10 hours)
Pays out in 6 weeks and 4 days
0.01% fee

Netflix between $280 and $540

105.77 NFLX issued at $260 per contract (27,500 mimecoins)

Market price:   $400.09
Buy here for:   $400.33
NFLX down 0.06%
Buy Netflix $120.33   (46.3%)
Sell Netflix $139.67   (53.7%)

231 betting blocks left (12 hours)
Pays out in 6 weeks and 4 days
0.01% fee

Salesforce between $140 and $290

166.67 CRM issued at $150 per contract (25,000 mimecoins)

Market price:   $212.83
Buy here for:   $212.96
CRM down 0.06%
Buy Salesforce $72.96   (48.6%)
Sell Salesforce $77.04   (51.4%)

281 betting blocks left (15 hours)
Pays out in 6 weeks and 4 days
0.01% fee

Twitter between $37 and $72

928.57 TWTR issued at $35 per contract (32,500 mimecoins)

Market price:   $53.65
Buy here for:   $53.70
TWTR down 0.09%
Buy Twitter $16.70   (47.7%)
Sell Twitter $18.30   (52.3%)

331 betting blocks left (18 hours)
Pays out in 6 weeks and 4 days
0.01% fee

Uber between $26 and $52

673.08 UBER issued at $26 per contract (17,500 mimecoins)

Market price:   $39.70
Buy here for:   $39.66
UBER up 0.08%
Buy Uber $13.66   (52.5%)
Sell Uber $12.34   (47.5%)

381 betting blocks left (21 hours)
Pays out in 6 weeks and 4 days
0.01% fee

Amazon between $80 and $170

166.67 AMZN issued at $90 per contract (15,000 mimecoins)

Market price:   $124.17
Buy here for:   $124.06
AMZN up 0.09%
Buy Amazon $44.06   (49%)
Sell Amazon $45.94   (51%)

431 betting blocks left (24 hours)
Pays out in 6 weeks and 4 days
0.01% fee

Apple between $120 and $240

83.333 AAPL issued at $120 per contract (10,000 mimecoins)

Market price:   $180.74
Buy here for:   $180.62
AAPL up 0.07%
Buy Apple $60.62   (50.5%)
Sell Apple $59.38   (49.5%)

481 betting blocks left (26 hours)
Pays out in 6 weeks and 4 days
0.01% fee

Google between $80 and $170

83.333 GOOG issued at $90 per contract (7,500 mimecoins)

Market price:   $125.01
Buy here for:   $125.13
GOOG down 0.09%
Buy Google $45.13   (50.1%)
Sell Google $44.87   (49.9%)

531 betting blocks left (29 hours)
Pays out in 6 weeks and 4 days
0.01% fee

HP between $21 and $41

500 HPQ issued at $20 per contract (10,000 mimecoins)

Market price:   $30.52
Buy here for:   $30.54
HPQ down 0.06%
Buy HP $9.54   (47.7%)
Sell HP $10.46   (52.3%)

581 betting blocks left (32 hours)
Pays out in 6 weeks and 4 days
0.01% fee

IBM between $90 and $180

27.778 IBM issued at $90 per contract (2,500 mimecoins)

Market price:   $132.29
Buy here for:   $132.68
IBM down 0.29%
Buy IBM $42.68   (47.4%)
Sell IBM $47.32   (52.6%)

  Join now & receive 1 mimecoin   Market Results