Based on the BSC sports forecasting platform, FateBet undermines traditional event forecasting. Concise design patterns such as Uniswap, MakerDAO and other core protocols involve changing the complex logic and structure of traditional prediction platforms with shortcodes and concise logic and increasing scalability. The FateBet team is committed to creating a custom forecasting platform, involving the environmental community with profit sharing.
Contents:
About FateBet
Fate — a decentralized BSC forecast comparison platform. Fate uses shorthand coding for high speed and massive scalability. The project supports liquidity mining and deflationary tokenomics by providing an open and easy-to-use forecasting service with a built-in profit sharing engine.
The main advantages of the project:
| Huge market potential | Both the sports industry and the blockchain industry are growing rapidly. Sports have a cryptocurrency platform now. Get ready to bet on all of your favorite events, including the Olympics, Champions League, NBA, S10 and more. |
| Blockchain technology empowers the forecasting market | Thanks to the use of blockchain technology, all funds are safe, transparent, and user information remains anonymous. |
| Highest earning potential | Users can mine and place bets to earn tokens and enjoy the profit. |
Fate has two main defining features: liquidity mining pool and forecasting algorithm. Users can play the roles of Lender and Speculator simultaneously. Lenders are rewarded with governance tokens for providing liquidity to the pool. In addition, if the speculator mispredicts the outcome of an event, the delivered assets go both to the liquidity pool and to the lenders, providing additional and significant profits for the lenders.
As a speculator, users can predict the outcome of any listed sports matches and place bets on digital assets with a specific payout ratio. If the match ends in favor of the speculator, he is rewarded with a pool of liquidity. If they are unsuccessful, the assets, they were wagered on, end up in the pool. However, whether they win or lose, speculators will also get FATE.
What else should you know?
You can study the project in more detail through the introductory document. It contains all necessary information and answers to questions. Future updates are available in the RoadMap section.
The community actively maintains social networks:
- twitter;
- telegram;
- facebook;
- instagram.
Subscribe to stay up to date with all news. The smart contract doesn’t have an audit.