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. Any product built under the network will support the use of $ Meteor, thus creating more use cases for tokens. Meteorbet is a sports betting platform for decentralized finance that allows $ Meteor bet on a major sporting event and stand 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. The industry has 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, baseball. It has gained a lot of traction in recent years, which has led to a decent increase in sponsorship for clubs, teams, players. In addition, increased investment by various sports organizations in marketing and promotional activities has led to increased investment by large betting companies in providing sponsorship for sports teams around the world. Therefore, the increased commercialization of sporting events is considered to be a key expected factor. to have a positive impact on the growth market over the next five years.
with rising consumer expectations, this has led to the constant participation of key market players in the form of partnerships, collaborations, agreements and R&D for the launch of various platforms to meet increasing consumer expectations. METEORBET creates a bridge between sports and specific spaces to meet these growing expectations and demands. Investors will have the opportunity to stake $ Meteor on METEORBET and be entitled to win some $ Meteor as a prize. To expand the prize money and currency staked supported at METEORBET, partnerships will be created with other projects to bring in tokens and their communities.
HOW DOES THE METEORBET SYSTEM WORK?
There are three main operations in the system; Deposits, Withdrawals and Transfers. In order to access the Meteorbet features, the user must first create an account to interact with the system.
TO CREATE AN ACCOUNT
1. Click REGISTER on the home screen. 2. Fill in the information and send 3. Fill in the code that has been sent to the email address. The system automatically creates a unique wallet bet for each user.
TO MAKE A DEPOSIT
1. Click the “OPERATION” button on the menu bar and select “DEPOSIT MONEY” from the drop-down menu that appears. 2. Click deposit. 3. Enter the amount and submit. 4. Click "Pay Now". 5. Follow the instructions that appear and ship the meteorite to the address given. Enter the transaction hash and the number of tokens sent and click the "pay now" button.
TO WITHDRAW / TRANSFER FUNDS
Follow the appropriate operating procedure and select withdraw money / money transfer.
TO PLACE BETS
Click "TOURNAMENT" and choose an active sport anywhere
TO MAKE A DEPOSIT
1. Click the “OPERATION” button in the menu bar and select “DEPOSIT MONEY” from the drop-down menu that appears. 2. Click Deposit. 3. Enter the amount and send. 4. Click "Pay Now". 5. Follow the instructions that appear and send out the meteorite
To the address given. Enter the transaction hash e the number of tokens sent and click the "pay now" button.
WITHDRAWALS / FUND TRANSFERS
Follow the appropriate procedure and select Withdraw money / Transfer money.
TO MAKE A BET
Click "TOURNAMENT" and choose active sport everywhere
Tokonomics
Total Supply: 15000
Presale (40%) – 6000
Meteorbet Pool (25%) - 3750
Team Token (3%) - 450
Marketing (10%) - 1500
PRICE LISTED: $ 7
Conclusion:
The increasing popularity of international sporting events around the world is coupled with the increasing popularity of high-end sports like cricket, baseball. Rising consumer expectations have led to constant participation of big players regarding sports betting and the development of various platforms to meet rising consumer expectations. METEORBET creates a bridge between sports and the Defi space to meet growing expectations and demands.
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