SBET Protocol is an AI-native, decentralized sports betting and prediction-market protocol integrated with the Sports Bet (SBET) token ecosystem. The protocol is designed to support peer-to-peer betting, pool-based markets, prediction-market trading, AI-assisted market analysis, and transparent settlement workflows using smart contracts. The SBET token is an ERC-20 token deployed on Ethereum mainnet. The current public protocol platform, available at sbetchain.ai, is primarily running on Ethereum Sepolia testnet, where the team is testing V2 protocol infrastructure, AI-assisted match verification, non-custodial betting flows, treasury custody logic, staking-related workflows, market data tools, and developer-facing interfaces before broader production deployment. The project’s current direction is no longer centered on the older metaverse and VR/AR sports-streaming concept. SBET has evolved toward an on-chain sports betting infrastructure, AI-supported prediction markets, transparent market execution, decentralized settlement design, and open documentation for users, developers, integrators, and technical reviewers.