METEORITE DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries
Meteorite Finance is a “Hold-to-farm” Defi protocol which rewards every one of its holders with a percentage fee from every transaction made in its ecosystem. Meteorite finance, just launched its first product, Meteorbet. Meteorbet is the first ever cryptocurrency sport betting platform which allows holders of meteorite place bets on major sporting events and stand a chance to win a set amount of meteorite token.
Every product built under the network will support the use of $Meteor, thereby creating more use cases for the token. Meteorbet is a sport betting platform for decentralized finance whichallows holders of $Meteor place bets on major sporting events and stand a chance to win a set amount of meteorite token.
Decentralized finance, also known as DeFi, is a fast-growing sector of the cryptocurrency industry. While cryptocurrency coins create a decentralized store of value separate from government-backed fiat currencies, DeFi creates decentralized financial instruments that are separate from traditional centralized institutions.
HOW DOES THE METEORBET SYSTEM WORK ?
There are three main operations in the system; Deposits, Withdrawals and Transfers. to access features
Meteorbet, the user must first create an account to interact with the system.
TO CREATE AN ACCOUNT
Click REGISTER on the homepage screen.
Fill in the information and send
Fill in the code that has been sent to the email address.
The system automatically creates a unique bet wallet for each user.
TO MAKE A DEPOSIT
Click the “OPERATION” button on the menu bar
and select “DEPOSIT MONEY” from the drop-down menu emerging.
Click deposit.
3.enter the amount and submit.
Click “Pay Now”.
5.Follow the instructions that appear and send out the meteorite To the address given. Enter the transaction hash and the number of tokens sent and click the “pay now” button.
TO WITHDRAW / TRANSFER FUNDS
Follow the appropriate procedures operation and select withdraw money / transfer money.
TO PLACE BETS
Click “TOURNAMENT” and select active sports anywhere
TOKEN ECONOMY ($ METEOR)
15,000
Total Supply (No Minting)
6,000
Presale (40%)
3,750
Meteorbet Pool (25%)
450
Team Token (3%)
1500
Marketing (10%)
40 ETH
Soft Cap
70 ETH
Hard Cap
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.
Conclusions
We want betting to be another form of investment, where the player can place bets with the confidence of winning something at the end of the day, rather than depending on luck, which won't work 80% of the time. We want to transfer power to the bettors without the possibility of exploitation
For more information Connect to Meteorite Network:
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: Jadon Sancho
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2954208