What is Sports Bet (SBET)?
SBET Protocol is an AI-native, decentralized sports betting and prediction-market protocol integrated with the Sports Bet (SBET) token ecosystem. The protocol is designed to support peer-to-peer betting, pool-based markets, prediction-market trading, AI-assisted market analysis, and transparent settlement workflows using smart contracts. The SBET token is an ERC-20 token deployed on Ethereum mainnet.
How does Sports Bet work?
The current public protocol platform, available at sbetchain.ai, is primarily running on Ethereum Sepolia testnet, where the team is testing V2 protocol infrastructure, AI-assisted match verification, non-custodial betting flows, treasury custody logic, staking-related workflows, market data tools, and developer-facing interfaces before broader production deployment. The project’s current direction is no longer centered on the older metaverse and VR/AR sports-streaming concept.