SPORTS BETTING
All this time…
We knew: we have a great time, awesome product, incredible community… but what sector do we focus on???
It’s not even funny how many people, community members, investors, friends, colleagues, advisors, and influencers have been screaming that we should be focusing on the sports betting and gambling sector.
This is by far where the strongest monetary upside is compared to any other sector. This is where we have the strongest competitive advantage (with our AI tech) and where investors feel most comfortable deploying their capital with us.
P2P SPORTS BETTING EXCHANGE
We chose to build a P2P sports betting exchange because of the following reasons:
- The sports betting industry is massive ($200B), if we scratch 0.5% of this industry that’s a $1B valuation. Nuts.
- We can have this fully up and running is 6–8 months time.
- Its perfect for crypto users (look at Rollbit), many people in our community bet on sports.
- We have a massive competitive edge with our AI prediction tools and data that we’re calling the FX1 Edge.
- Token holders can win on either side of the platform (as a bettor or staker).
- We want to be more than a traditional betting platform, we see an opportunity to redefine the online sports betting experience for the fan.
- P2P exchanges are the future, much like crypto and blockchain, P2P exchanges cut out the middle man; meaning there are no house odds or conflict of interest betting against you and praying on your downfall to make a profit.
$FX1 TOKEN & STAKING
Token holders get massive discounts off the commission fees when they take bets, similar to $RLB or $BNB fee savings for holding their tokens.
For fans that place larger or recurring bets this will translate into $1000’s of savings.
Token holders get unlimited access to premium products, AI dash boards, prediction tools and more!
Token holders can also stake their tokens, becoming contributors of the protocol.
They’ll generate $FX1 tokens and unique bonuses that we will discuss later down the road as we launch through different staking phases: V1, V2, V3.
We’re allocating a good chunk of the supply to loyal holders rather than giving it to marketers or influencers — we want to give back to the community that got us here in the first place!
No there won’t be an infinite supply, we have a hard cap and the emissions won’t be crazy high where it creates ugly sell pressure.
We’ll discuss this in a more detailed diary about staking and $FX1’s new tokenomics.
JACKPOT
And finally… we have officially launched the FX1 Jackpot Airdrop
In the mean time, we want to reward loyal community members and newcomers for believing in FX1 and holding for the long run.
This is the first of many events we’ll be hosting (hint: the traction we get, the bigger the prize pool…)
Start date: September 15th
Distribution: October 10th
Rules
- Hold $FX1 before the distribution date, all holders are eligible to join the Jackpot.
- The more tokens you hold the better your odds and bigger your rewards (more details soon).
- The final pool of winners is very limited, there isn’t much time left either you only have a couple weeks to join.
- We’ve set aside a good chunk of $FX1 tokens for this event! Scoop up some FX1 and join the jackpot! (click here to buy $FX1)
Thank You
We are thrilled with the company’s direction and we know you are too.
Let’s smash this and make FX1 the next big thing going into 2024.
If you’re amped about this, go ahead and leave a clap/like on this article, it will boost it and share it to more people!
