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Home » Sportsmania Plans Blockchain-Powered Sports Betting Platform

Sportsmania Plans Blockchain-Powered Sports Betting Platform

Kelly Cromley by Kelly Cromley
Oct 18, 2022
in Market News, News
Reading Time: 2 mins read
0

Sportsmania is excited to reveal the debut of a one-of-a-kind sports betting portal for sports fans worldwide. The Blockchain-powered decentralized portal was developed on Binance Smart Chain, a leading platform for blockchain-driven applications.

Leveraging on the uniting force of sporting events, Sportsmania aims to unite worldwide communities by linking sports enthusiasts with the athletic events they like, regardless of gender, age (aka maturity level), cultural environment, race, or country. The team believes that the objective is to transform people’s interests into lucrative possibilities. “Sportsmania is a new and one-of-a-kind sports betting platform that allows sports fans to anticipate the outcomes of live sporting activities and earn 2-100x their initial investment,” the company added.

In addition to allowing sports enthusiasts to quietly profit from their enthusiasm, the firm provides an exclusive NFT portfolio of renowned sports figures from many sports. The team has successfully completed plans to compile a library of renowned athletes who have sculpted a place for themselves and offered smiles and joy to their countless followers throughout their respective professions.

The Football Legends non-fantasy trading cards will be published initially, trailed by the Basketball Legends non-fantasy trading cards. In development are Legend NFTs for Cricket, Tennis, Rugby, Golf, and Baseball.

The group has implemented mining fees for NFTs:

  • 30% burn or buyback of $SPM to increase the price floor.
  • 30% set aside as a lottery win for 5 lucky NFT minters.
  • 35% to boost marketing and CEX listings.

Sports enthusiasts from over the world are encouraged to apply their expertise and skills to work by forecasting the outcomes of actual sporting events and generating passive money via sports projection. You may test your prognostic abilities and have a decent chance of earning between two and one hundred times your initial outlay sans risking your funds.

Each ticket allows a player to make predictions for up to four matches. A lower limit of $20 has been set for the ticket that may be purchased using $SPM tokens, BUSD, BNB, or USDT.
The eight forecast modes available to players are 2x, 3x, 4x, 5x, 10x, 20x, 50x, and 100x. Each type has its own distinct winning percentage and price structure. The company elaborated that players may pick from a multitude of real-time matches and must correctly guess three out of four to win.

Nevertheless, participants who make fewer than three correct forecasts will not forfeit their money.

Tokenomics

  • Private sale: 6%.
  • Staking rewards: 19.2%.
  • CEX/DEX listing: 5%.
  • Public sale: 40%.
  • Team: 5%.
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