The Sports Bet project or SBET, aims to offer an anonymous, and straightforward solution for the sport betting community. The platform allows users to have more control over their own bets and transactions. No customer identification process is required due to the way a blockchain works, and users can bet any amount. To avoid sensitive data collection, SBET will work with cryptocurrency only. All you will need to bet is a crypto wallet, like Metamask or Trust-Wallet. Another interesting feature of the platform is that users can interact with live sports events from the metaverse. The metaverse refers to a virtual space that is shared by different worlds, created by the combination of augmented reality, virtually-enhanced physical reality, and the Internet. Users have the privilege to bet on several sports disciplines, enjoy the sporting events as a spectator with a unique experience. Users can also create NFTs, which can also be used as betting assets, traded, or sold later. Users can bet on existing events, create their own peer-to-peer bets, or join as bidders. Optionally, users could donate an amount of the profit to non-profit organizations. SBET is decentralized and runs as a smart contract, therefore is transparent, and there is no man-in-the-middle interaction within the platform. Therefore the platform cannot be manipulated. Think of the SBET protocol as a Decentralized Autonomous Organization,leveraging Ethereum 2.0 scalability and speed, offering interoperability between different technologies so, that users can interact with each other regardless of their platform.