Kineko, a high-throughput sports betting and prediction markets protocol with real-time settlement, has made the switch to Solana. Since its inception on the Ethereum network, the company has gained significant traction and remains a market leader in the crypto betting space. Kineko has a volume turnover of more than $41 million to date. The team took a step back to assess the Ethereum network’s efficacy and its ability to scale and work for the dApp as well as their users, both logistically and financially.
High gas prices, long transaction times, and other issues can be resolved by switching to Solana. Transactions within the Solana network are orders of magnitude faster and cheaper, making it cost-effective for bettors, liquidity providers, and the project itself. Users can anticipate faster bet settlements, payouts, and deposits being credited to betting accounts.
After the migration is complete, the Kineko token can be purchased on Raydium and staked for 200-300 percent APY, or if users prefer to bet, $KKO provides a 2% discount on all sports bets. With a global betting market worth more than $250 billion, it appears that people are finally realizing the power of a high throughput low-cost chain, combined with a great UI/UX experience, and you have a product that can truly scale.
Kineko Casino is now open and offers a variety of exciting activities such as Sports Betting markets, Poker games, Slots, Blackjack tables, and Roulette. Their Live Casino is open 24 hours a day, seven days a week, so you can enjoy our games whenever and wherever you want, with over 500 different options and counting.
Check out the most recent odds in the Premier League, La Liga, Serie A, Bundesliga, Ligue 1, NFL, NBA, Horse Racing, DOTA 2, King of Glory, LOL, and many other sports. Join now and enjoy the best CryptoCasino action on the planet.
Follow Kineko’s website, Discord, and Twitter profiles to stay up to date on all upcoming announcements.