Herosphere aims to simplify crypto esports betting

Anybody with an interest in esports betting and cryptocurrencies should definitely keep an eye on the latest developments from Herosphere. The Austrian tech company has recently taken steps to allow gaming fans to place bets on esports against each other rather than needing to visit a standard betting site.

The innovation makes use of the Ethereum blockchain and it promises to allow customers a safer and simpler way to enjoy peer-to-peer betting on titles such as Counter-Strike: Global Offensive, Dota 2 and League of Legends. Plus with big plans to introduce live fantasy betting that features real-time interaction with the gamers and other customers, it’s evident that Herosphere are a name to watch.

Herosphere, crypto esports betting

© Herosphere

Although the Herosphere project is still relatively new, the brand have already clocked up well over 250,000 customers. Since the start of the year, there have been more than 5,000 contests established on the Herosphere platform and this number is growing at a rate of nearly 45% each month.

In order to create their gaming community where customers can create their own betting contests, Heroscape have partnered up with the Austrian cryptocurrency firm, Coinfinity, to develop the platform’s HEROcoin currency. Already the HEROcoin currency can be brought in the form of crypto vouchers at well over 4,000 outlets across Austria.

In addition to this, the Heroscape platform has integrated the Dash cryptocurrency transfer system so that gamers can easily convert their funds into HEROcoin. All of which has helped customers make virtually instant transactions on the Herosphere.gg site, and this process can be enjoyed without requiring the users to give up control of their betting funds.

Heroscape have also been keen to introduce some more standard payment methods on their betting site. This means that customers can also fund their esports bets with Visa, MasterCard and PayPal, plus there is also a Heroscape shop that opens up the payment options even further.

By using the HEROcoin currency in the brand’s shop, customers can buy skins for Dota 2 and CSGO, and use vouchers from Blizzard and Steam, as well as prepaid card brands like Paysafecard. This corresponds with the brand’s live fantasy plans where customers could earn points for a variety of in-game activities that can be used to boost their overall experience at Heroscape.

A central part of the Heroscape project is their wish to boost trust and confidence in cryptocurrencies for activities such as esports betting. This can be seen in the way that new customers are constantly educated and supported as they use HEROCoin on the betting platform.

Heroscape has already consulted with the Malta Gaming Authority to see whether their crypto product could be permitted within their gaming license. Plus with extra funding from the 360 Lab accelerator program for global start-ups, it seems that the future is looking very bright for the Heroscape esports betting platform.

If you want to learn more about cryptocurrency, check out our guide on how to bet with bitcoin.