Q4: What is unique about your betting platform compared to others (Bovada, etc), or other token-based (such as Tron and EOS have a few).

Mark: We think there are 5 combined platform features that ZenSports has that make us 10x better than the competition. No other platform combines all 5 of these elements to deliver as delightful of a betting experience as we do:

1) Mobile — we are a mobile-first product with our native iOS and Android mobile DApps. In fact, we’re mobile only. We don’t even have a web product. We feel that this mobile first philosophy has paid off well in attracting Millennials and Generation Z to our app. In addition, in developing parts of the world where maybe everyone doesn’t have access to a computer, but they do have a smart phone, we’re their only betting option.

2) Peer-to-peer — By being exclusively peer-to-peer, bettors in our app feel more comfortable that they’re betting against other bettors that are like themselves instead of a traditional bookmaker. There are numerous problems with traditional bookmakers, but just a few of those problems are the exorbitant fees that bookmakers charge, the huge conflict of interest that they only make money when you lose, and the lack of transparency into how everything is run.

3) SPORTS utility token — We just launched our new SPORTS utility token within ZenSports this week. Customers in ZenSports are able to use SPORTS for placing bets, paying discounted betting fees, getting cash back for reaching certain betting volumes, and earning bonuses for performing other actions within the ZenSports app. But our goal is much bigger than just having SPORTS be used within ZenSports. It’s also our goal to partner with sports leagues, apparel manufacturers, ticket brands, and other gaming companies to incorporate SPORTS into their payment and loyalty ecosystems.

4) Decentralized betting system — Currently, ZenSports is “semi-decentralized.” This means that all of the betting and results are handled entirely by the marketplace (not ZenSports). So customers can fully trust that results aren’t being decided by a bookmaker. Our technology platform is currently sitting on our servers instead of the blockchain, so in this regard, it’s still somewhat centralized. However, it’s definitely our goal to move all of our betting and other contracts to the blockchain, thereby providing additional transparency and full decentralization of the entire product.

5) Social — While bettors within ZenSports can remain anonymous at all times, we also have a lot of features that make ZenSports much more social than traditional sports betting platforms. For example, ZenSports offers instant messaging, group chats, sharing of stories, pictures, videos, and even live streaming.

Other products have one or two of these features, but none of them combine all 5 into a super simple and clean mobile product like ZenSports does.