Decentralized finance is an idea where monetary items are accessible on a public decentralized blockchain network making them open to anybody to utilize instead of going through an agent like banks or financiers. DeFi alludes to a framework where programming composed on blockchains makes it feasible for purchasers and merchants and loan specialists and borrowers to communicate shared or with a rigorously programming based agent instead of an organization or foundation working with a transaction.
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, increased investment by various sports organizations in marketing and promotion activities has led to increased investment bybetting company large in providing sponsorship for sports teams around the world.thus, the increasing commercialization of sporting events is considered to be a key factor which is expected to have a positive impact on the market growth over the next five years.
With increasing consumer expectations, this leads to constant participation of major market players in the form of partnerships, collaborations, agreements and R&D for launch
multiple platforms to meet rising consumer expectations. METEORBET creates a bridge between sports and defi space 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. 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 Meteorbet works:
There are three main operations in the system: deposits, withdrawals and transfers.
Create an account
Click Register on the main page.
Fill in the information and submit it.
Enter the code that was sent to your email address.
The system will automatically create a unique betting wallet for each user.
Make a deposit
Click the Operation button on the menu bar.
and select "Deposit Money" from the dropdown menu.
Click "Deposit".
Enter the amount.
Click Pay Now.
Follow the instructions that appear and send the meteorite.
At the specified address, enter the transaction hash and the number of sent tokens and click the "Pay now" button.
To withdraw and transfer funds
Follow the appropriate transaction procedures and select “Withdraw or Transfer Money”.
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
conclusions
The growing fame of the world's games across the planet, coupled with the growing spread of top-notch sports such as cricket and baseball. Growing buying speculation has spurred steady investment by the big players associated with sports betting and progression at various stages to accommodate the growing buying speculation. METEORBET expands Defi's sport and space to meet evolving expectations and needs.
Roadmap
For more information about METEORITE FINANCE, click the link below
WEBSITE: https://meteorite.network/
TWITTER: https://twitter.com/Meteorite_net
TELEGRAM GROUP: https://t.me/Meteoritenetwork
MEDIUM: https://meteorite.network/#
INSTAGRAM: https://meteorite.network/#
AUTHOR
Username : Coinlotre
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2519072