A passion among friends for betting on sports events has led to the creation of a new South African start-up that's wagering on peer-to-peer technology.
friends for betting on sports events has led to the creation of a new South African start-up that is wagering that the future of betting lies in peer-to-peer technology.came from the “human experience” of the founders, co-founder and CEO Reece Jacobsen said in an interview with TechCentral.
“People betting with their peers is nothing new; we’ve tracked bets being made as far back as ancient Greece. What Wayja aims to solve is the headache of trying to settle these bets with cash when there’s no cash around – because who carries cash anymore?” He said Wayja has first-mover advantage in P2P betting in Africa and is working hard to ensure it builds a market-leading position on the continent.Other founders include Jacobsen’s brother Kieran, Clint Paterson and Clinton Holroyd . Duncan Simpson-Craib, an early investor in Rain, is a shareholder, too.
Bets can be more complex, too. If a user wants to set up a bet about who will win the Premier League, they can make that bet discoverable to all other users on the platform.
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