"Meteorbet is a decentralized funding sports betting platform"

About

The Meteorite Network is a Defi “Hold-to-farm” protocol that rewards each holder with a fraction of the value of every transaction made in their ecosystem. Meteorite finance has just launched its first product – Meteorbet. meteorbet is the first cryptocurrency sports betting platform that supports meteor betting on major sporting events and has the chance to win multiple meteor tokens.

Every product built on the network will support the use of Meteor, thus creating more use cases for tokens.

Meteorbet is a decentralized funding sports betting platform that allows Meteor bets on major sporting events and has the chance to win multiple Meteor Tokens.

Meteorbet is creating a bridge between sport and Defi space to meet these growing expectations and demands.

Investors will be able to bet Meteor on Meteorbet and are eligible to win an amount of Meteor as a prize. To increase the prize money and currency supported by Meteorbet, partnerships will be created with other projects to attract tokens and their communities.

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.

DeFi and Decentralized Finance (DeFi) might revolutionize many areas of traditional finance. We’ve already seen some potential in areas such as trading, lending, and borrowing money. There are talks that DeFi could also enter the insurance sector. But the most obvious use case for DeFi is sports betting. 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 any government-backed fiat currency, DeFi creates decentralized financial instruments separate from traditional centralized institutions.

Talking about Decentralized finance, Meteorbet is a decentralized funding sports betting platform that allows Meteor bets on major sporting events and has the chance to win multiple Meteor Tokens.

What is Meteorite Network?

The Meteorite Network is holding to farm Defi Protocol on Ethereum Blockchain, which uses Meteor as the native currency. On every transaction made on the Meteorite network, 1% is charged and distributed to token holders. Every product built on a network support use of Meteor token creating more use cases of a token.

About The Sports Betting Platform - Meteorbet

Meteorite Finance is a Hold-to-farm Defi show that repays each holder with a degree of the cost of each trade made in its current circumstance. Meteorite finance has as of late conveyed its first thing, Meteorbet. Meteorbet is the essential cryptographic cash sports betting stage to help meteorite betting on significant games and get a chance to win different Meteorite tokens. On each trade made in the organic framework, a 1% cost is charged and appropriated to token holders.

Everything worked under the association will maintain using Meteor, appropriately making more use cases for tokens. Meteorbet is a game betting stage for decentralized cash that grants Meteor wagers on significant games and has a chance to win different Meteorite tokens.

Ease of Use

The platform is as easy to access as possible. For this solution, METEORBET has come up with creating a mobile app. At the click of a button, you will be able to access the betting platform on your phone anytime and anywhere.

Safety Of Decentralized Betting – Why should you invest in Meteorbet?

As mentioned, there could be some legal issues since there wouldn’t be any KYC or any geographic restrictions. Persons that are not legally allowed to bet in their country might be able to do so anyway. In other words, people who enter this system need to show a lot of personal caution not to lose their money since there are no restrictions whatsoever. Just like how anyone can go to invest, lend and borrow money on DeFi platforms right now.

When it comes to the betting itself, the system should be safe and secure as long as the contract is proper and as long as the oracles are working. Technical mistakes can happen, but actually, this type of DeFi betting system should be a lot safer and fairer than the bookie-controlled system that it has now. Meteorbet is a decentralized funding sports betting platform that allows Meteor bets on major sporting events and has the chance to win multiple Meteor Tokens.

Meteorbet is creating a bridge between sport and Defi space to meet these growing expectations and demands. Investors will be able to bet Meteor on Meteorbet and are eligible to win an amount of Meteor as a prize. To increase the prize money and currency supported by Meteorbet, partnerships will be created with other projects to attract tokens and their communities.

Website : https://meteorite.network/

Telegram : https://t.me/Meteoritenetwork

Twitter: https://twitter.com/Meteorite_net

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ETH : 0xe1C7D86C5b61819716c266FC51127c95F49998bC