BitGoals Sports Token Protocol (STP) Blockchain Launches For FIFA World Cup 2018 in Russia

BitGoals Makes an Entry in the Sports Industry

BitGoals is a blockchain-based platform that has been created to reward its active users and to incentivize the sports industry. Their use of smart contracts will ensure that transactions are done reliably while emphasizing fairness for sports and sports fanatics.

The reason for coming up with BitGoals and its native token, the Sports Token Protocol (STP), was due to existing concerns like long registration processes, lacking data storage, prolonged payments, high fees, and limitations on betting amounts. Ultimately, eliminating such concerns by decentralizing the entire process.

As for the STP token, it will be distributed on demand. For instance, 0.6 STP will be swapped for either Ethereum [ETH], Bitcoin [BTC], or Bitcoin Cash [BCH], while 0.4 STP will be given out to founders, team incentives and bank roll funds. As for its utility, users will be able to use the respective token on the BitGoals platform as a gaming and betting currency and a form of payment, while getting rewarded with them.

BitGoals appears to be an efficient betting platform, as it allows users to connect to all games via one simple platform, access to limitless betting and lastly, users will be able to instantly withdraw BitGoals rewards however one chooses to.

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