Being agile and course correcting when needed is a necessary skill for companies in uncertain times.
Following the major KuCoin security incident and subsequent BEPRO token swap, we've taken a step back to consider where we are on our roadmap in order to update it where necessary.
As for our core business, BetProtocol has gotten the following pieces of feedback from the market:
- Esports is a highly anticipated release that many operators and players want to see happen this year
- On-chain DeFi products on BetProtocol are in very high demand from current and on-boarding BetProtocol operators
- Cash and Cash Flow remain king : Being a revenue generating business with actual paying clients helps us weather the ups and downs of crypto.
Therefore we are investing more development effort and capital into Esports & DeFi products, and we will add more pairs, liquidity and rewards for LPs on DEXs. The upcoming release of on-chain DeFi products on BetProtocol will add major network effects and brand value to our community. In light of these findings, we present our updated roadmap for Q4 2020 and 2021:
- Esports launches with Twitch streaming integration & Popular Games (On Track for release)
- On-Chain DeFi products on BetProtocol launch - Yield Farming, Staking, Loyalty Mining, Jackpots
- Casino 2.0: Integration of 3rd Party games
- Liquidity & Rewards Programs for DEXs
- More DEX listings and trading pairs
- Esports R&D for Live In-Play betting begins
- Sportsbook R&D and Testing Begins
- 5+ Operators online
- Monthly Recurring Revenue (MRR) of €25,000+
- Fiat on-ramps for Operators
- Gamification of $BEPRO Token
- Polkadot R&D Begins with Moonbeam
- Esports 2.0 Launches with In-Play odds and live betting
- More Esports Games
- Casino 2.1 : Live dealer and card games
- Sportsbook Goes Online (Depending on COVID) with fixed odds betting
- Developer Marketplace R&D
- Prediction Market R&D
- 10+ Operators Online
- €50,000+ MRR
- Physical Machines R&D (Depending on COVID)
- Pursue Tier 1 Exchange Listing (If the market conditions are right - we make no warranties or promises this will occur)
- Prediction Market beta testing
- Developer Market Place beta testing
- 20+ Operators Online
- €75,000+ MRR
- Physical Machines Roll Out (Depending on COVID)
- Junket and Land Based Casino Integration Begins (Depending on COVID)
- BetProtocol Esports Tournament Sponsorship (Depending on COVID)
- Sportsbook : Live In-Play odds and betting (Depending on COVID)
- Fully Decentralised Version of BetProtocol on Multiple Chains (Polkadot/Moonbeam/Kusama)
We'd like to thank all of our clients, supporters and community members for their continuing enthusiasm and loyalty to our project. It's been a tough year for many and we are confident that we will pull through stronger than ever.
BetProtocol’s best days are ahead of us. We are super motivated, well-funded, and growing. More of our operators are online and interest in our company is growing each day. Thank you for your support and being with us on this journey.
BetProtocol enables anyone in the world to create gaming platforms with no coding required. Thanks to BetProtocol’s blockchain technology, these platforms are secure, scalable and regulatory compliant. Its vision is to enable anyone in the world to dream of being a gaming platform owner one morning, and actually be one that same day.