- 1 Overview of ZenSports
- 2 Blockchain
- 3 Network
- 4 Support
- 5 Transactions
- 6 How Do You Manage your ZenSports Funds?
- 7 What Devices Can You Use with ZenSports?
- 8 How old do I have to be to place bets in Tennessee?
- 9 Biological Youthfulness Reprogrammed: Is It Possible?
- 10 Which Sports and Leagues Can Tennessee Customers Bet on?
- 11 Do I have to be a resident of Tennessee to place bets in the state?
- 12 What Is the SPORT Token?
- 13 What Does the ZenSports Roadmap Look Like?
- 14 How many licenses will be allowed in Tennessee?
- 15 Are Daily Fantasy Sports or Horse Racing betting allowed in Tennessee?
- 16 What payment methods are allowed in Tennessee?
- 17 Do State Casinos Have Sportsbooks in Tennessee?
- 18 Will I have to confirm my location to place bets in TN?
- 19 What is ZenSports?
- 20 What Should You Know about the Token Sale?
- 21 Which Online Sportsbooks Plan to Launch in the Future?
- 22 History of ZenSports
Overview of ZenSports
All of the interactions between bettors and the ZenSports app are anticipated to be handled through smart contracts built on ICON's blockchain, so as to further prevent any centralized party from accessing betting funds or doing anything nefarious with those funds.All transactions are anticipated to be recorded on ICON's blockchain, which has been known to be fair and verifiable.This aims to give bettors a cheaper, faster, and more trustworthy process for wagering on sports than traditional online sportsbooks offer.
No deposits, bets, withdrawals, or rewards can take place in-app using SPORT.The SPORTS token can be purchased directly on the native ZenSport exchange, created specifically for the distribution of tokens following the problems with the DCoin exchange last January.What is of interest to bettors, on the other hand, is the SPORTS token utility which actually serves to interact with the platform as a mechanism for betting and earning rewards through the ZenSports mobile app and network.
Colorado has already been identified as the next possible destination for the company at Cripple Creek.Licenses and technological certification still have to be approved, the apps have to be tailored for the Nevada market and the Company still has to drum up support for the new idea before ZenSports can be considered a major player in the blossoming US legal sports betting scene.
"We anticipate ZenSports to be viewed as a fair brand that all sports bettors can trust because we can't be in the middle of a transaction even if we wanted to, and all transactions are verifiable on the blockchain," said Thomas.
How Do You Manage your ZenSports Funds?
There is a single location in your ZenSports account for managing your funds and transactions.Via your account, you can easily transfer SPORT or ICX tokens in minutes.You can make a deposit via credit card or ACH transfer, both of which are also offered for fiat payouts.ZenSports ensures that viewing and accessing funds are fast, simple, and safe.
What Devices Can You Use with ZenSports?
To make ZenSports more accessible to a range of users, it is available for both Android and Apple devices in the Google Play Store and App Store, respectively.The fact that ZenSports already has a functional product places the project in sharp contrast to competitors since most blockchain and cryptocurrency projects only have an idea, possibly with very little development.
How old do I have to be to place bets in Tennessee?
You have to be at least twenty-one years old to place bets in Tennessee.
Biological Youthfulness Reprogrammed: Is It Possible?
Can the aging process actually be reversed or prevented? The answer to this age-old question is explored in today’s show.
Which Sports and Leagues Can Tennessee Customers Bet on?
In Tennessee, you would be able to place bets on all the major US leagues, like the NFL, NHL, MLB, NBA, and MLS.Bookmakers are also allowed to offer betting on multiple internationally popular sports and college sports.But in-game college bets aren’t allowed.You can also place prop bets on professional and college sports, which have become widely requested in the US.
Do I have to be a resident of Tennessee to place bets in the state?
No, you don’t.You only need to be inside state lines while you place the bets.
What Is the SPORT Token?
SPORT is the token behind ZenSports.This token has its own economy and serves a range of functions, including funding accounts, placing bets, making payments, paying penalties, and earning rewards.The marketplace redistributes betting fees depending on the SPORT token percentage.This makes it possible to earn passive income each month just by holding the SPORT token.
What Does the ZenSports Roadmap Look Like?
As mentioned, ZenSports already has functional platforms for Apple and Android devices.As such, a good deal of the roadmap has already been completed.September 2018 saw ZenSports launch the fiat version of its sports betting platform.In Q4 2018, ZenSports created the SPORT token, as well as smart contracts for the ICO.It is taking care of the PR and marketing for the ICO and conducting the ICO, which runs into Q1 2019.
How many licenses will be allowed in Tennessee?
Tennessee law isn’t like other states, where only several licenses are allowed.In theory, there can be an infinite number of Sportsbooks in the state, which opens the market for a lot of brands, but due to the unique 10% hold on all wagers, not as many Sportsbooks would want to set up in the state.
Are Daily Fantasy Sports or Horse Racing betting allowed in Tennessee?
Yes, they are.DFS was launched in 2016, and online betting on horse racing is allowed in TN.You can wager on DFS with Draftkings or Fanduel for example.
What payment methods are allowed in Tennessee?
Tennessee customers can deposit or withdraw via electronic bank transfers, debit cards, online/mobile payment systems, etc.All payment methods must be approved by TELC.
Do State Casinos Have Sportsbooks in Tennessee?
Tennessee is the first US state to allow only online and mobile sports betting.They don’t have any casinos, horse tracks, or OTB’s, so the mobile-only sports betting plan seems to be the right decision for the state.
Will I have to confirm my location to place bets in TN?
Yes, you do.You will have to verify that you are inside Tennessee at the time of placing the wager.
What is ZenSports?
ZenSports has been operating internationally as a peer-to-peer sports betting marketplace since March 2019.
What Should You Know about the Token Sale?
The presale for SPORT tokens runs until Nov.30, 2018, with the public sale running from Dec.1, 2018, to Jan.5, 2019.The token price range is $0.0024 to $0.006, depending on the time during the sale.There is a minimum investment of $25 and a maximum investment of $8 million up to the hard cap, which is $12 million.
Which Online Sportsbooks Plan to Launch in the Future?
Since Tennessee has no limit of how many Sportsbooks can launch, we expect many more to come forward and apply.There isn’t a timeframe in which applications are reviewed, so we can’t say how long it will take for the applicants to launch or when that will happen.