Meteorite Finance Is the next generation Defi Project for the Future
METEORITE FINANCE is a “Hold-to-farm” Defi protocol that rewards each owner with a portion of the cost of each transaction made in their 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 various meteorite tokens.
On every transaction made in the ecosystem, a 1% commission is charged and distributed to token holders.
Each product built under the network supports the use of $ Meteor, thus creating more use cases for tokens.meteorbet is a decentralized financial sports betting platform that allows you to bet $ Meteor on major sporting events and have a chance to win a variety of Meteorite tokens.
The global sports betting industry reaches a market size of US $ 203 billion by 2020, with approximately 197,000 employees totaling nearly 31,000 businesses. The market will also grow due to the growing popularity of international sporting events around the world coupled with the growing popularity of high-end sports such as cricket, soccer, baseball. It has gained a lot of traction in recent years which has led to a moderate increase in sponsorship for clubs, teams, players.
In addition, increased investment by sports organizations in marketing and promotional activities has resulted in greater investment by major betting companies in sponsoring sports teams around the world. Therefore, the increasing commercialization of sporting events is considered a key factor which is expected to have a positive impact on market growth over the next five years.
With rising consumer expectations, this leads to the constant participation of key market players in the form of partnerships, collaborations, agreements and research and development for the launch of various platforms to meet increasing consumer expectations. METEORBET creates a bridge between sport and the defi space to meet these growing expectations and demands.
Investors will have the opportunity to bet $ Meteor on METEORBET and be entitled to win an amount of $ Meteor as a prize. In order to expand the prize pool and share currencies supported on METEORBET, partnerships will be created with other projects to bring their tokens and 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 in the cover screen. 2. Fill in the information and send it 3. Enter the code that has been sent to the email address.
The system automatically creates a unique betting portfolio file for each user.
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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