Meteorbet bridge between sport and Defi spacesteemCreated with Sketch.

in #meteorite3 years ago

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METEORITE FINANCE is a “Hold-to-farm” Defi protocol that rewards each holder with a proportion of the cost of each transaction made in its ecosystem. Meteorite finance, has just released its first product, Meteorbet. meteorbet is the first cryptocurrency sports betting platform to support meteorite betting on major sporting events and has a chance to win a number of meteorite tokens.on every transaction made in the ecosystem, a 1% fee is charged and distributed to token holders.Every product built under the network will support using $ Meteor, thus creating more use cases for tokens.meteorbet is a sports betting platform for decentralized finance that allows $ Meteor wagers on major sporting events andhas a chance to win a number of meteorite tokens.
The global sports betting industry reaches a market size of 203 billion US dollars in 2020.In this industry, there are around 197 thousand employees with a total of nearly 31 thousand businesses. The market is also poised to grow due to the increasing popularity of international sporting events around the world coupled with the increasing popularity of high-end sports like cricket, soccer, baseballIt has gained a lot of traction in recent years, which has led to a decent increase in sponsorship for clubs, teams, players.
In addition, the increased investment of various sports organizations in marketing and advertising has led to an increase in investment as large companies have placed their bets on sponsorship of sports teams around the world. Thus, the growing commercialization of sporting events is considered a key factor that is expected to have a positive impact on
market growth in the next five years.

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MeteorBet Features:

ANONYMOUS BETTING
Meteorite Network was built around protecting our users' privacy. We are not interested in your identity; we only want to see you win.

USER FRIENDLY
We have one of the best user interfaces, making it easier for our users to navigate.

BIGGEST ODDS
We offer the biggest odds in the world, we don't reduce our odds like others, and we increase it to match their reduction.

GLOBAL MARKETS
MeteoBet makes use of METEOR Token, which enable faster transactions and break regional restrictions that associates with fiat payment.

LOWEST FEES
Bettors pay the lowest fees you can get anywhere, you can keep 99.99% of your winnings.

24/7 SUPPORT

MeteoBet platform has well trained customer relationship officers, readily available to help you resolves any issue.
The Disruptive Properties
Wining can actually be a habit:
Betting has brought a great deal of wealth to the world, but it hasn’t resulted in shared prosperity. The gambling industry as of today is an enormous and ever growing enterprise that worths well over $4.5Billion. Yet majority of bettors today, due to the manipulative ways betting platforms are setup has nothing to show for years of patronizing the industry, this has caused many to quit. Albetrage with its disruptive properties, together with blockchain will foster a new model for betting that is capable of attracting billions of dollars and millions of bettors to the crypto-space.

Some of the disruptive properties includes:

Bettors can bet without being manipulated.
With MeteoBet platform, betting will function as a source of income
There is always a guaranteed profit on bet irrespective of how it ended
Betting revenue shared proportionately between the bookies and the bettors.

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How does it work?
You will buy a tournament for X amount of Meteor tokens, you will then choose a winner for all NFL games that round with 1 game having a margin that you will enter. Whoever has the most winning teams will win 1% of the pool. In a tie (Some players have 8 winners) then whoever takes the closest margin in that round of play will be declared the winner.

Ease of use
This platform is as easy as possible to access. For this solution, METEORBET has created a mobile application. With the click of a button, you will be able to access the betting platform on your mobile anytime and anywhere.

Meteorite Tokenomics

● USECASE: MeteorBet (Online SportBetting Platform)
● Meteorite.network: METEOR
● 15,000 Meteor: Total Supply (No Minting)
● Circulating Supply: 14,500
● 3750 Meteor: METEORBET POOL (25%)
● 450 Meteor: Team Token (3%)
● 1500 Meteor: Marketing (10%)
● 40 ETH: Soft Cap
● 75 ETH: Hard Cap

Roadmap

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conclusions

Since METEORBET has a built-in Hold to Earn system, METEORBET needed to think about how to reward liquidity providers. The solution to METEORBET's liquidity problem is that METEORBET has agreed that liquidity providers will now earn 60% of all fees charged from the meteorbet.org platform. This solution will allow us to focus 100% on driving more traffic to the platform, since the more traffic we generate, the more liquidity people will provide, the more commissions they will earn.

For more information

Website: https://meteorite.network/
Telegram: https://t.me/Meteoritenetwork
Twitter: https://twitter.com/Meteorite_net
Whitepaper: https://download2262.mediafire.com/kdmff8jujlqg/rvlaa8mizjtjdlt/Meteorite+Network+Whitepaper+%282%29.pdf

Author By:

Bitcointalk Username: Ratih999

Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2527799