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Monaco Protocol

Monaco Protocol is a decentralized betting engine that offers global liquidity on prediction markets. The Monaco Protocol offers the ability to wager on binary-outcome event, it is agnostic to the nature of these events. Orders can be placed either FOR the outcome (it will happen) or to AGAINST it (it won't happen) at a specific price (odds) and stake (wager).

What is Monaco Protocol?

The Monaco Protocol is an open-source, decentralized betting engine built on the Solana blockchain. It provides the core infrastructure and liquidity necessary for developers to create exchange-based betting applications and prediction markets. By offering shared infrastructure and liquidity, Monaco enables an ecosystem of interoperable betting apps with a seamless user experience.

How Does Monaco Protocol Work?

Monaco Protocol operates through a series of smart contracts on the Solana blockchain, allowing users to place orders on sports betting markets. These orders are programmatically matched in a first-in, first-out manner, ensuring fair and efficient execution. Settlement occurs once the result of the market is known, with winnings paid directly to users' wallets.

What Makes Monaco Protocol Unique?

Monaco Protocol offers several distinctive features: non-custodial trading where funds are held only by smart contracts, best-price matching, partial order matching, order cancellation, smart risk management, in-play betting with delay, and direct wallet settlement. These features collectively provide a robust and user-friendly betting experience.

Who Are the Founders of Monaco Protocol?

The Monaco Protocol is developed by a team with extensive experience in the betting industry and blockchain technology. Key members include Krasimir Raykov (CEO), a serial entrepreneur with a background in gaming and betting, and Valentin Mihov (CTO), a blockchain expert and former CTO of a leading crypto wallet provider.

Latest News

What Key Events Have There Been for Monaco Protocol?

Significant milestones for Monaco Protocol include the launch of its decentralized betting engine on the Solana blockchain, partnerships with various betting applications, and continuous protocol improvements based on partner feedback.

Project Announcements

Recent updates include the expansion of supported market types, optimization of the SDK, and incorporation of partner feature requests to enhance protocol functionality.

Upcoming Events

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Projects Announcements

Where to Buy Monaco Protocol?

As of now, Monaco Protocol does not have a native token available for trading. The protocol sustains development through a small fee on betting volume, which is used to contribute to ecosystem initiatives.

Monaco Protocol Price

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Monaco Protocol Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding the price of Monaco Protocol, as it does not have a native token.

FAQ

What is the Purpose of Monaco Protocol?

How Can I Participate in Monaco Protocol's Ecosystem?

What Sets Monaco Protocol Apart from Competitors?

Is Monaco Protocol Secure?

What are the Risks Associated with Monaco Protocol?

Community Sentiment

27.24K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.