KYC passing required No | Whitelist No | Restriction for countries No
The Stakeo platform adopts distributed ledger technology as a concise blockchain infrastructure to create an overt, reliable and transparent betting experience. With no brokers involved, players initiate the bets, set the rules and provide the funds for executing pay-outs. Smart Contracts protect funds and automatically distribute winnings based on bet conditions and outcomes. We have created the STK token, to solve the problems associated with the centralized betting ecosystem. The benefits include; improved trust and transparency through decentralization, elimination of staking ceilings, enhanced liquidity through global player pools, reduced fees, and incentives for active market creators and participants in the community. As an ERC20 token built on the Ethereum blockchain, STK will be the unit of exchange within the ecosystem. The Stakeo platform will engage in the swap of STK tokens with top ERC20 cryptocurrencies, to ensure immediate utility for token holders. Thus, we are transitioning the STK platform to a decentralised, licensed, P2P gambling platform on the blockchain, with the STK token as the sole unit of exchange, to enter contests, place bets, and collect winnings. Further utility may be available in the near future as the blockchain and internet gambling ecosystem evolves.