What is Giraft?

Giraft is reshaping the sports betting landscape by offering users an unparalleled, decentralized betting experience across any EVM-compatible blockchain. With a seamless interface and crystal-clear odds, Giraft delivers flexibility and control, allowing users to wager on a vast range of sports, from traditional American football to emerging esports. Powered by Azuro Protocol, Giraft stands apart from its competition by combining the strengths of web3 technology with a commitment to transparency, fairness, and user autonomy.

How to Use Giraft Decentralized Sports Betting Platform 

Go to https://giraft.io/

Connect your web3 wallet. 

For this demonstration, we will use MetaMask, a popular multi-chain, non-custodial wallet.

You may be required to sign a transaction and accept the terms and conditions in order to allow your wallet to interact with the smart contracts. 

Once your wallet is connected, you can explore the betting markets and select your choice of preferred odds e.g. EU, UK or US.

Select your betting market and event and the outcome. 

For this demonstration, we choose a boxing match Anthony Joshua vs Daniel Du Bois. 

We select who we hope to win i.e. AJ in this case and also input the bet amount. 

Set your spending cap. 

We proceed to place our bet.

Pay the gas fee. 

You can track all your bets on the “My Bets” section of the dashboard where you will also be able to redeem any won bets.

How to Redeem Winnings on Giraft

Simply go to “My Bets” and you will be able to view the results of your bets and redeem any winnings. 

You have the choice to redeem individual event outcomes or redeem all winning bets. 

Pay the gas fee. 

You’ll be able to see the status of your redemptions on the dashboard with ease. 

Freedom to Bet: Any Sport, Any Chain

One of Giraft’s standout features is its ability to facilitate betting on all major sports across multiple blockchains. Whether it’s basketball, cricket, MMA, or even politics, Giraft provides a versatile platform that caters to a wide array of preferences. Users can sign in with a web3 wallet, pick their sport, choose their preferred blockchain, and place a bet with ease. This unique capability sets Giraft apart, making it a go-to platform for bettors looking to leverage the benefits of decentralized finance.

Decentralization at the Core: Full Control of Funds

Giraft operates on a fully decentralized model, ensuring that users remain in control of their funds at all times. By using a non-custodial wallet, bettors avoid the need for deposits or withdrawals – an aspect that addresses one of the most significant concerns in traditional sports betting. All funds are securely locked in smart contracts with predefined outcomes, eliminating counterparty risks and ensuring users are paid out instantly after the event.

The smart contract infrastructure guarantees security and transparency, allowing bettors to place their wagers without worrying about declined payouts or limitations. Giraft’s non-custodial model is a major step forward in user empowerment and addresses the corruption and lack of transparency often associated with traditional web2 sportsbooks.

Addressing the Pitfalls of Traditional Betting

In contrast to traditional web2 betting platforms, where successful bettors may face limitations or outright bans, Giraft’s decentralized model rewards success. Traditional sportsbooks often impose unfair restrictions on winning users, but with Giraft, successful bettors are never penalized. Furthermore, Giraft eliminates the counterparty risks seen in web2, where bettors rely on the sportsbook to pay out winnings. All transactions on Giraft are secured by smart contracts, ensuring transparency and the immediate payout of funds once the outcome is finalized.

A User-Centric Experience Powered by Azuro

Giraft’s commitment to user experience is evident in its clean, intuitive dApp interface. The platform has been built with a focus on user-friendliness, making it accessible to both seasoned bettors and those new to decentralized sports betting. The backend is powered by Azuro, a platform with over three years of smart contract expertise, further ensuring the reliability and security of Giraft’s betting processes. With a liquidity pool valued at over $8 million and odds sourced from trusted oracles, Giraft ensures transparency and fairness in every bet placed.

A Glimpse into the Future of Betting

Giraft’s launch is just the beginning of a broader mission to redefine and gamify the sports betting industry. The platform aims to continue expanding its offerings, integrating more sports, and embracing new blockchain networks to enhance the user experience further. By combining blockchain technology with the thrill of sports betting, Giraft is set to create a dynamic, engaging ecosystem that offers transparency, security, and rewards to its users.

For bettors seeking a reliable, decentralized, and innovative platform, Giraft presents a compelling alternative to traditional sportsbooks. With full control of their funds, immediate payouts, and no restrictions on success, users can confidently place their bets, knowing they are participating in a transparent and secure system.