Better Fan has launched its Web3-based sports betting platform which it claims offers a ‘safe and sustainable’ way of betting on sports.
Better Fan has officially unveiled its groundbreaking Web3-based sports betting platform, providing a safe and enduring avenue for sports enthusiasts to engage in betting activities.
By harnessing the potential of web3 infrastructure and adopting a play-to-earn (P2E) model, Better Fan’s platform delivers an immersive and gamified betting experience. Unlike conventional platforms, our innovative approach ensures that players are shielded from losses of fiat or cryptocurrencies, replacing them with NFT-based Fan cards that are renewed on a daily basis.
“Better Fan’s gamified platform promises to revolutionize the world of sports betting.
Metin Durgun, CEO of Better Fan
Commenting on the platform’s launch, Metin Durgun, CEO of Better Fan, expressed enthusiasm, stating, “Better Fan’s gamified platform holds the potential to revolutionize the landscape of sports betting. Unlike Web2-based platforms where real money is at stake, our P2E model effectively eliminates the involvement of ‘hard money,’ thus curbing illicit activities.”
Adding NFTs to a web3 sportsbooks
In response to the surge in sports betting across the United States, there is a pressing need for a secure, sustainable, and legal revenue model. To meet this demand, Better Fan enables users to place bets using NFT cards, dissociating the process from traditional cash transactions.
At Better Fan, bettors are not required to stake any valuable assets; instead, the wager amounts and daily betting limits are determined by their NFT cards. Successful bets on the platform reward users with Better Than Bet utility tokens, which can be utilized for a range of in-game activities, and they can also be directly exchanged for USDT within the game environment.
Durgun emphasized the platform’s commitment to fairness, stating, “Traditional betting methods allocate only a fraction of the revenue to sports clubs. In contrast, Better Fan collects in-game taxes and fees in a shared pool, ensuring a significantly more equitable distribution system.”
Discover the future of sports betting with Better Fan’s Web3-powered platform. Join us today and indulge in a secure, sustainable, and highly rewarding betting experience that transcends all expectations.
About the better fan project
The Better Fan NFT project is a groundbreaking initiative thatuses non-fungible tokens (NFTs) to create an innovative and immersive experience inside a web3 sportsbook. The project aims to revolutionize the world of sports betting by providing a safe, sustainable, and gamified platform.
Furthermore, Better Fan is committed to promoting fairness in revenue distribution. Unlike traditional approaches, where sports clubs receive only a small portion of the revenue, Better Fan collects in-game taxes and fees in a common pool. This ensures a more equitable distribution system, benefitting both users and the sports community.
