Profit Report of Beteros first month
The time has come and we are happy to finally announce our numbers for the first month that you have been waiting for so long.
We are getting more users every day and we are happy to see that our betting platform is constantly growing and being used by you.
We are also pleased that some users were able to make great profits with our betting platform and we continue to strive to offer you the best odds and betting opportunities.
The Betero platform achieved an overwhelming success and total betting volume (wager) of more than $1,500,000.00 USD.
We are also happy to see that most volume was generated by the BTE token. Around $1 million USD in BTE was processed at the current BTE token price. Because the BTE price was higher at the beginning, the real volume was even higher.
Following you can see the total bets in all cryptocurrencies (amounts in coins not USD).
Profit Redistribution
With all deductions such as fees and commissions of game and odds providers, Betero was able to generate a total profit of $8,546.24 in April.
This results in the following figures in BTE for Betero Profit Redistribution.
Cashback: 502,924
💵 Staking Rewards: 502,924
🔥 Burn: 301,754
Marketing: 402,339
Ecosystem Fund: 100,585
Development: 100,585
🚀 Boost Game: 100,585
What does that mean?
Depending on your premium tier you will receive the following cash back in percentages and get money in BTE back!
Betero holders who are not users of the platform also benefit from the staking rewards and token burning. For the month April, the staking rewards from the Profit Redistribution are lower than the current farm emissions. Until the launch of the Betero Platform all farming emissions were coming from the token reserves. Starting from tomorrow, the farms will be adjusted to reflect the actual profits made more precisely.
The BTE token burn is happening at the end of the week.
All other measures from our Profit Redistribution have an indirect effect on the success and further development of Betero and are therefore also advantageous for our investors.
Rising volumes of Betero Sports Platform
On the chart below you can see the GGR (Gross Gaming Revenue), which is the daily revenue over time. You can see that the volumes are picking up a lot the last few days.
Of course sometimes players win their bets which equals a negative GGR of that day. This especially happened at the end of the month April making the profit smaller than expected.
We are looking forward to launching the new Betero Farm Portal soon where you can claim your cashback and do some more cool things. Stay tuned!
The month of May is starting with even higher volumes than April. We are excited for the growth of Betero in the second month.
