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The Composers #12 - Averbet

Welcome to The Composers, Serum's new podcast series based on our weekly Twitter Spaces. Who is composing with Serum to deliver the next generation of decentralized finance (DeFi) services? This week, we are joined by Averbet, built to be the first orderbook based betting platform on Solana! Aver is an ecosystem of protocols and decentralized apps to facilitate trustless betting on the Solana blockchain. Aver itself is not the bookmaker, and doesn't 'take the bets' - facilitating exchange between market participants - punters, traders, market makers, bots. If you enjoyed this video, follow Project Serum on YouTube for more! Timestamps: 0:00 Intro 00:51 AverBet elevator pitch 02:25 Aver team background 04:36 What other projects have the team worked on 05:50 Betting Industry and the problems Aver solves 09:58 Democratizing the market resolution 12:54 Composing with Serum Core 14:50 AverBet vs the different existent protocols 17:40 Mainnet release 19:23 Aver in 6 months time 21:45 Parimutuel betting and more jargon 25:27 Governance and community involvement 27:10 Q&A: Advice for hackathon participants or building on Solana 30:22 Last words Learn more about Serum: https://linktr.ee/projectserum Learn more about Averbet: https://aver.bet/ Averbet Twitter: https://twitter.com/AverBet Follow Project Serum Twitter: https://twitter.com/ProjectSerum