Meteorite Finance Is the next generation Defi Project for the Future
METEORITE NETWORK
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 bets on major sporting events and has 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 major betting companies in providing sponsorship for sports teams around the world. Therefore, the increased commercialization of sporting events is considered to be the key expected factor. to have a positive impact on market growth over the next five years.
As consumer expectations increase, this leads to constant participation of key market players in the form of partnerships, collaborations, agreements and R&D to launch multiple 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 are entitled to win an amount of $ Meteor as a prize. In order to expand the prize money and staked currency supported at 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. To access Meteorbet's features , users 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 betting wallet for each user.
MAKE A DEPOSIT
1. Press the OPERATION button on the menu bar
and select "DEPOSIT MONEY" from the dropdown menu.
2. Klik “Sector”.
3. Enter the amount and send.
4. Click Pay Now.
5. Follow the instructions that appear and send out the meteorite.
At the address specified. Enter the transaction hash and
the number of tokens sent and click the "Pay Now" button.
FOR WITHDRAWALS / TRANSFERS OF FUNDS
Follow the appropriate procedure
operation and select “Withdraw money / transfer
money “.
MAKE A BET
Click "TOURNAMENT" and select
active sport on the go.
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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