Issue and use P2P betting currencies & crypto assets.

The next generation of Bitcoin is here.

PolyCash makes it easy to create highly functional crypto assets without writing code.

PolyCash is a secure open source web application with several important functions.

  • A token issuance protocol.
  • A secure wallet solution.
  • A prediction market and peer to peer betting solution.
  • A decentralized currency exchange based on physical crypto cards.

Token issuance protocol

PolyCash is a blockchain virtualization layer with industry leading functionality. PolyCash-protocol tokens (crypto assets) are second layer tokens and PolyCash is an implementation of the colored coins concept. PolyCash is compatible with any blockchain based on the Bitcoin code. You can use PolyCash to issue crypto assets on top of Bitcoin, Litecoin & other blockchains. PolyCash is similar to the ERC-20 token standard but PolyCash supports advanced functionality, and furthermore PolyCash allows you to create crypto assets by GUI, without writing code.

Secure wallet solution

PolyCash is a secure open source web application that you can install on your local computer or on a public facing web server. PolyCash allows you to send and receive PolyCash-protocol crypto assets as well as native blockchain assets like Bitcoin and Litecoin. Polycash includes an explorer for viewing blocks and transctions for your blockchains.

Peer to peer betting

PolyCash crypto assets inherit all the benefits of cryptocurrencies like Bitcoin. But PolyCash extends the Bitcoin protocol to enable betting functionality (aka prediction markets). When creating a crypto asset, you can enter a list of events and specify the betting options for each event, as well as the time during which betting is allowed for each event. Anyone who owns that crypto asset can place bets in a fully decentralized manner by burning coins to one of their own addresses matching the right format. PolyCash's game definition concept is a unique solution to the oracle problem & allows networks to stay in consensus about the results of betting events.

Print physical money

PolyCash allows anyone to easily create physical scratch off cards carrying Bitcoins or other tokens. Our unique physical cards make giving someone coins as simple as giving them your business card. All you need is paper and a printer to create cards for the currency of your choice. Purchase scratch off stickers online and apply them to cover the secret keys on your cards for extra security. PolyCash cards are a great way to introduce people to crypto. These cards can be exchanged for cash or other forms of payment, allowing PolyCash to function as a decentralized currency exchange.

Bonus Features

Environmentally friendly gamified inflation

PolyCash assets can be issued with a fixed supply of coins or with an exponentially inflating supply. When you issue an asset with exponential inflation, the coin holders compete to win coins from inflation by staking their coins in inflationary betting events. We call this "gamified inflation." Gamified inflation can be integrated into blockchains as an environmentally friendly alternative to proof of work. Blockchains based on a hybrid between proof of work and gamified proof of stake reduce the amount of money given to miners, reducing energy expenditure for these blockchains.

Algorithmic staking & betting

Gamified inflation rewards coin holders for participating in inflationary betting events while coin holders who don't participate slowly lose out to inflation. In this situation, coin holders receive small payouts for regularly staking their coins in these events. Coin holders can set up algorithmic staking solutions to stake their coins for them automatically. PolyCash supports this activity and provides APIs for algorithmic staking. Algorithmic activity is central to PolyCash's design & gamified inflation is not the only situation where it can be used. In PolyCash betting apps, players can outsource their betting decisions to an algorithm or hedge fund which automatically bets for them every day.

Create your own blockchains

PolyCash crypto assets are typically issued on top of a blockchain like Bitcoin or Litecoin. But PolyCash also allows you to create your own blockchains. These virtual blockchains lack some of the features of blockchains like Bitcoin. But virtual blockchains are great for development purposes and allow you to launch crypto assets and betting apps wihout paying fees on a network like Bitcoin. Virtual blockchains use a hierarchical network design rather than fully peer to peer and are useful for creating distributed applications where you control all of the nodes.

Value backed crypto assets

Crypto assets should be backed by tangible sources of value. PolyCash supports the use of a wide variety of value sources to back crypto assets including commodities, intellectual property & other currencies. Betting in dollars and other fiat currencies is a core feature of the PolyCash protocol. For dollar betting games, players pay in dollars which are stored in an escrow such as a bank account. Ownership of in-game coins may therefore be shown in dollars in the user interface and players can cash out to dollars at any time.

Get Started

Issue a crypto asset, create a betting app or create your own physical crypto cards

To create your own crypto asset, betting app or your own line of scratch off cards, please check out our source code and installation instructions on GitHub or feel free to contact us for more information via

  Check out our code

Participate in betting games

To better understand how PolyCash games work, please sign up for one of our promotional betting games and start betting.

  Join a betting game

Read more about PolyCash

To read more about this project, please follow these links.

  Frequently asked questions   Read our blog   Read our whitepaper