Market

Overview and Concepts

Purpose

The Market module serves the following purposes in the SGE Network chain:

  1. The market module pushes the verified data of the sports events onto the SGE Network chain from off-chain sources. This way the sport-event is added to the blockchain and becomes readily available for the bettors to wager on it.

  2. It stores the markets pushed to the blockchain.

  3. It also resolves the markets when the market is finished and the winner odds are passed to it, hence declaring the result of the market.

  4. It can update the markets as and when the update request is made.

  5. It can activate or deactivate the markets, thus making them available or unavailable, respectively, for placing bets.

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