What is the Meteorite Network

 

Most of the DeFi platforms are decentralized applications, known as dapps. These Dapps use a series of smart contracts to automate financial transactions, making them faster, more efficient, and often more affordable than their centralized counterparts. Likewise, since dapps are governed by computer code, which is inherently neutral, there is no problem of bias.

What is the Meteorite Network?

The Meteorite Network is a coupling to developing the Defi Protocol on the 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 top of the network supports the use of Meteor tokens which creates more token use cases.

What is Meteorbet?

Meteorbet is a sports betting platform for decentralized finance that allows Meteor token holders to bet on major sporting events and have the opportunity to win a number of Meteor tokens.

The global sports betting industry reached a market size of more than 200 billion US dollars last year. 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, baseball, soccer which leads to an increase in the worthy sponsorship of clubs, teams and players.

The increasing investment of various sports organizations in marketing and promotional activities has led to increased investment by large betting companies in sponsoring 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 market growth over the next five years.

Rising consumer expectations have driven the continued participation of key market players in the form of partnerships, collaborations, agreements and R&D for the launch of various platforms to meet increasing consumer expectations. METEORBET creates a bridge between sports and the Defi space to meet growing expectations and demands.

Meteor investors will have the opportunity to stake Meteor on the METEORBET platform and are entitled to win a number of Meteor tokens as prizes. In order to expand the stakes and currency stakes supported on Meteorbet, partnerships will be created with other projects to bring their tokens and communities.

METEORBET continues to add to the options we hope the traffic will continue to increase. METEORBET is looking for more Crypto betting options, expanding into eSports gaming, and of course the NFL.

Since METEORBET has a 'Hold to Earn' system, METEORBET needs to think of ways to reward Liquidity providers as well. METEORBET's solution to liquidity problems is that METEORBET has agreed that Liquidity providers will now get 60% of all fees generated from the meteorbet.org platform. This solution will allow us to focus 100% on bringing more traffic to the platform because the more traffic we generate, the more liquidity people will provide, the more fees people will get.

How does it work?

You will buy a tournament for X amount of Meteor tokens, you will then choose a winner for all NFL games whose rounds with 1 game have a margin that you will enter. Whoever has the most winning teams will win 1% of the pool. In a tie (Some players have 8 winners) then whoever takes the closest margin in the round will be declared the winner.

Ease of use

This platform is as easy as possible to access. For this solution, METEORBET has created a mobile application. With the click of a button, you will be able to access the betting platform on your mobile anytime and anywhere.

Tokonomics

Total Supply: 15000

Presale (40%) - 6000

Meteorbet Pool (25%) - 3750

Team Token (3%) - 450

Marketing (10%) - 1500

PRICE LISTED: $ 7

Roadmap

Conclusion:

The increasing popularity of international sporting events around the world is accompanied by the increasing popularity of high-end sports such as cricket, baseball. Increasing consumer expectations have led to the 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.

For more information:

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 INFO

Bitcointalk username: Alvino02

BTT profile: https://bitcointalk.org/index.php?action=profile;u=3259634

ERC-20 WALLET: 0xeF0323EC4F4769D63bA2b2EA5B1c5424ECaA68F7